Hoops Scouting Usa (HSCT) — SEC Filings

Overview

Hoops Scouting Usa (HSCT) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Dec 19, 2025: Hoops Scouting USA (HSCT) reported no revenue for the three months ended September 30, 2024, continuing its trend of zero revenue generation. The company incurred a net loss of $3,178 for the quarter, a significant improvement from the $11,594 net loss reported in the same period of 2023, primarily

Sentiment Summary

Across 13 filings, the sentiment breakdown is: 5 bearish, 8 neutral. The dominant filing sentiment for Hoops Scouting Usa is neutral.

Filing Type Overview

Hoops Scouting Usa (HSCT) has filed 4 10-Q, 4 10-Q/A, 1 10-K, 1 10-K/A, 3 8-K with the SEC between Jan 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (13)

• Hoops Scouting USA's Losses Shrink, But Going Concern Doubts Persist — 10-Q · Dec 19, 2025 Risk: high
  Hoops Scouting USA (HSCT) reported no revenue for the three months ended September 30, 2024, continuing its trend of zero revenue generation. The company incurr
• Hoops Scouting USA's Losses Mount Amidst Zero Revenue, Going Concern Doubts — 10-Q/A · Oct 14, 2025 Risk: high
  HOOPS SCOUTING USA (HSCT) reported a net loss of $11,594 for the three months ended September 30, 2023, a significant increase from the $413 net loss in the sam
• Hoops Scouting USA: Pre-Revenue, Bets on Grit App Acquisition for Growth — 10-K · Aug 29, 2025 Risk: high
  Hoops Scouting USA (HSCT) is a development-stage company focused on a basketball scouting website and an acquired digital training platform, Grit App. The compa
• Hoops Scouting USA Acquires Grit App, Eyes Revenue Growth Amid Development Stage — 10-K/A · Aug 28, 2025 Risk: high
  HOOPS SCOUTING USA (HSCT) filed a 10-K/A for the fiscal year ended June 30, 2023, revealing it is a development-stage company with no realized revenue from oper
• HOOPS SCOUTING USA Changes Certifying Accountant — 8-K · Mar 10, 2025 Risk: low
  HOOPS SCOUTING USA filed an 8-K on March 10, 2025, reporting a change in its certifying accountant, effective March 4, 2025. The company, incorporated in Wyomin
• HOOPS SCOUTING USA Restates Financials, Adjusts Loan Payables — 10-Q/A · Dec 31, 2024 Risk: medium
  HOOPS SCOUTING USA filed a 10-Q/A amendment for the period ending March 31, 2023. The filing indicates a significant adjustment to previously reported figures,
• HOOPS SCOUTING USA Files 10-Q/A with Financial Restatements — 10-Q/A · Dec 12, 2024 Risk: medium
  HOOPS SCOUTING USA (HSCT) filed an amended 10-Q for the period ending December 31, 2022. The filing indicates a restatement of financial information, with speci
• HOOPS SCOUTING USA Files 10-Q/A Amendment — 10-Q/A · Dec 2, 2024 Risk: medium
  HOOPS SCOUTING USA filed an amended 10-Q for the period ending September 30, 2022. The filing indicates a restatement of financial information, with specific ad
• Hoops Scouting USA Restates Financials — 8-K · Nov 29, 2024 Risk: high
  Hoops Scouting USA (HSCT) announced on November 27, 2024, that it will not rely on previously issued financial statements. This decision impacts financial repor
• HOOPS SCOUTING USA Files 10-Q for Q3 2024 — 10-Q · Jul 12, 2024 Risk: low
  HOOPS SCOUTING USA filed a 10-Q report for the period ending March 31, 2024. The company, based in Palm Desert, CA, operates in computer processing and data pre
• HOOPS SCOUTING USA Files 8-K: Change in Certifying Accountant — 8-K · May 6, 2024 Risk: low
  On May 3, 2024, HOOPS SCOUTING USA (HSCT) filed an 8-K report. The filing indicates a change in the registrant's certifying accountant. This is a routine admini
• HOOPS SCOUTING USA Files 10-Q for Period Ending December 31, 2023 — 10-Q · Mar 13, 2024 Risk: low
  HOOPS SCOUTING USA (HSCT) filed a Quarterly Report (10-Q) with the SEC on March 13, 2024. HOOPS SCOUTING USA filed a 10-Q report for the period ending December
• HOOPS SCOUTING USA Files Quarterly Report (10-Q) for Period Ended September 30, 2023 — 10-Q · Jan 16, 2024 Risk: low
  HOOPS SCOUTING USA (HSCT) filed a Quarterly Report (10-Q) with the SEC on January 16, 2024. HOOPS SCOUTING USA filed a Form 10-Q for the quarterly period ended

Risk Profile

Risk Assessment: Of HSCT's 13 recent filings, 5 were flagged as high-risk, 3 as medium-risk, and 5 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Hoops Scouting Usa's most recent 10-Q filing (Dec 19, 2025):

• Revenue: $0
• Net Income: $(3,178)
• EPS: $0.00
• Debt-to-Equity: N/A
• Cash Position: $8
• Operating Margin: N/A
• Total Assets: $76,897
• Total Debt: $236,744

Key Executives

• President and Director
• Jamie Oei
• Doug Plumb
• Kevin Durant
• Carmelo Anthony
• Donovan Mitchell

Industry Context

The sports technology and scouting industry is competitive, with companies leveraging data analytics and digital platforms to identify and track talent. However, many early-stage or niche players struggle with monetization and achieving profitability, often relying on external funding. Hoops Scouting USA appears to be in this challenging segment, facing difficulties in generating revenue.

Top Tags

10-Q (4) · Microcap (3) · financial-restatement (3) · Development Stage (2) · Sports Tech (2) · High Risk (2) · auditor-change (2) · administrative (2) · financials (2) · HOOPS SCOUTING USA (2)

Key Numbers

• Revenue: $0 — for the three months ended September 30, 2024, indicating no operational income.
• Net Loss: $(3,178) — for the three months ended September 30, 2024, an improvement from $(11,594) in 2023.
• Working Capital Deficit: $(143,847) — as of September 30, 2024, worsening from $(140,669) at June 30, 2024.
• Accumulated Deficit: $(294,897) — as of September 30, 2024, indicating significant historical losses.
• Due to Related Party: $218,781 — as of September 30, 2024, highlighting reliance on the President for funding.
• Cash Balance: $28 — as of September 30, 2024, a critically low amount for operations.
• Common Shares Outstanding: 101,250,000 — as of December 17, 2025, indicating a large share count.
• Related Party Contribution: $12,834 — during the three months ended September 30, 2024, for operating expenses.
• Subsequent Related Party Contribution: $14,645 — received after September 30, 2024, through October 25, 2025, for operating expenses.
• Loans Payable: $16,000 — to non-related parties, unsecured and non-interest bearing, due on or before September 30, 2024.
• Total Liabilities: $172,859 — As of September 30, 2023, up from $155,172 at June 30, 2023
• Transfer Agent and Filing Fees: $11,430 — For the three months ended September 30, 2023, a significant expense increase
• Intangible Asset Impairment: $100,000 — For the year ended June 30, 2023, related to the Grit Mobile Application
• Value of Grit App acquisition: $100,000 — paid for by issuance of 37,500,000 restricted common shares
• Shares issued for Grit App: 37,500,000 — restricted common shares issued to Grit Performance Athletics Inc.

Frequently Asked Questions