Stark Focus Group Files 10-Q for Q2 2025

TL;DR

Stark Focus Group 10-Q filed. Financials updated for Q2 2025. Debt details included.

AI Summary

Stark Focus Group, Inc. filed its 10-Q for the period ending June 30, 2025. The filing details financial information, including convertible debt and promissory note agreements. The company's fiscal year ends on December 31st, and its principal business is wholesale apparel, piece goods, and notions.

Why It Matters

This filing provides investors with an update on Stark Focus Group's financial health and debt obligations as of the second quarter of 2025.

Risk Assessment

Risk Level: medium — The filing mentions convertible debt and promissory notes, which can indicate financial leverage and potential dilution risks.

Key Numbers

• 9948330 — Convertible Debt (Reported for the period ending June 30, 2025)
• 9948330 — Promissory Notes (Reported for the period ending June 30, 2025)

Key Players & Entities

• Stark Focus Group, Inc. (company) — Filer of the 10-Q
• 20250630 (date) — End of the reporting period
• 0001794942 (company) — Central Index Key for Stark Focus Group, Inc.
• NV (state) — State of Incorporation
• Calgary (city) — Business and Mail Address City

FAQ

Key Financial Figures

• $20,000 — 272,500 common shares for $ 15,871 (CAD$20,000). These shares were subsequently cancel
• $10,000.00 — on of Ten Thousand Hong Kong Dollars (HK$10,000.00). The 10,000 shares represent all of th
• $11,184 — n, $Nil in research and development and $11,184 in general and administration compared
• $8,472 — n, $Nil in research and development and $8,472 in general and administration for the t
• $12,843 — of Contents Net Loss: Net loss was $12,843 for the three months ended June 30, 202
• $9,453 — June 30, 2025 compared to a net loss of $9,453 for the three months ended June 30, 202
• $20,534 — n, $Nil in research and development and $20,534 in general and administration compared
• $25,872 — n, $Nil in research and development and $25,872 in general and administration for the s
• $23,826 — service fees. Net Loss: Net loss was $23,826 for the six months ended June 30, 2025,
• $27,399 — une 30, 2025, compared to a net loss of $27,399 for the six months ended June 30, 2024.
• $18,441 — the six months ended June 30, 2025 was $18,441 compared to net cash used in operating
• $164,514 — The Company's total liabilities were $164,514 as of June 30, 2025 compared to total l
• $140,688 — , 2025 compared to total liabilities of $140,688 as of December 31, 2024. Stockholders'
• $76,341 — assets and total current liabilities of $76,341. We had working capital deficiency of
• $74,248 — mpared to working capital deficiency of $74,248 as at December 31, 2024. Capital Resou

Filing Documents

• stark_10q.htm (10-Q) — 324KB
• stark_ex311.htm (EX-31.1) — 11KB
• stark_ex321.htm (EX-32.1) — 4KB
• 0001640334-25-001550.txt ( ) — 1493KB
• stark-20250630.xsd (EX-101.SCH) — 17KB
• stark-20250630_lab.xml (EX-101.LAB) — 102KB
• stark-20250630_cal.xml (EX-101.CAL) — 20KB
• stark-20250630_pre.xml (EX-101.PRE) — 80KB
• stark-20250630_def.xml (EX-101.DEF) — 26KB
• stark_10q_htm.xml (XML) — 95KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements Interim Balance Sheet as of June 30, 2025 (unaudited) and December 31, 2024 (audited) 3 Interim Statement of Operations (unaudited) for the Three and Six Months Ended June 30, 2025 and 2024 4 Interim Statement of Changes in Stockholders' Deficit (unaudited) for the Period ended June 30, 2025 5 Interim Statement of Cash Flows (unaudited) for the Six Months Ended June 30, 2025 and 2024 6 Notes to the Unaudited Interim Financial Statements for the Period Ended June 30, 2025 7

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 11

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 13

Controls and Procedures

Item 4. Controls and Procedures 13

– OTHER INFORMATION

PART II – OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings 15

Risk Factors

Item 1A. Risk Factors 15

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15

Defaults upon Senior Securities

Item 3. Defaults upon Senior Securities 15

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 15

Other Information

Item 5. Other Information 15

Exhibits

Item 6. Exhibits 16

SIGNATURES

SIGNATURES 17 2 Table of Contents

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION STARK FOCUS GROUP INC. Balance Sheet ASSETS June 30, December 31, 2025 2024 (Unaudited) (Audited) Current Assets Cash & cash equivalents $ - - TOTAL ASSETS $ - - LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses $ 4,493 2,400 Demand loan payable due to related party – note 5 and 6 71,848 71,848 76,341 74,248 Long-term Liabilities Promissory note due to related party – note 5 and 6 17,602 16,828 Convertible note – note 8 70,571 49,612 Total Liabilities 164,514 140,688 Stockholders' Equity Common stock, ($ 0.0001 par value, 100,000,000 shares authorized 9,948,330 as of Jun 30, 2025 and Dec 31, 2024 995 995 Additional paid in capital 41,879 41,879 Deficit ( 207,388 ) ( 183,562 ) Total Stockholders' Deficit ( 164,514 ) ( 140,688 ) TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ - - The annexed notes form an integral part of these financial statements. 3 Table of Contents STARK FOCUS GROUP INC. (Unaudited) For the For the For the For the three months ended three months ended six months ended six months ended June 30, June 30, June 30, June 30, 2025 2024 2025 2024 Expenses General and Administrative $ 11,184 8,472 20,534 25,872 ( 11,184 ) ( 8,472 ) ( 20,534 ) ( 25,872 ) Other Items Finance costs ( 1,659 ) ( 981 ) ( 3,292 ) ( 1,527 ) Gain on debt forgiveness – Note 5 Gain on disposal of subsidiary - - - - ( 1,659 ) ( 981 ) ( 3,292 ) ( 1,527 ) Income / (loss) from operations ( 12,843 ) ( 9,453 ) ( 23,826 ) ( 27,399 ) Income (loss) from discontinued operations - - - - Net Income/ (Loss) $ ( 12,843 ) ( 9,453 ) ( 23,826 ) ( 27,399 ) Basic and diluted earnings per share $ ( 0.00 ) ( 0.01 ) ( 0.00 ) ( 0.00 ) Weighted average number of common shares outstanding 9,948,330 10,

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Stark Focus Group Inc. (the "Company"), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason. In this Quarterly Report, unless otherwise noted, the words "we," "our," "us," or the "Company" refer to Stark Focus Group Inc. and our wholly owned subsidiary, Common Design Limited. General Overview We were incorporated on July 3, 2018 in the state of Nevada, USA. We acquired 100% interest of Common Design, a Hong Kong corporation as our wholly-owned subsidiary pursuant to a share exchange agreement dated Septemb

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