Webstar Technology Group Inc. Q2 2025 10-Q Filing

TL;DR

Webstar Tech Q2 2025 10-Q is in. Financials for H1 2025 vs 2024 out.

AI Summary

Webstar Technology Group Inc. filed its 10-Q for the period ending June 30, 2025. The filing includes financial data for the second quarter and the first six months of 2025, comparing it to the same periods in 2024. Key financial statement items like preferred stock, common stock, additional paid-in capital, and retained earnings are presented for various dates, including December 31, 2023, March 31, 2024, and June 30, 2025.

Why It Matters

This filing provides investors with an update on Webstar Technology Group Inc.'s financial performance and position as of mid-2025, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags or significant new risks.

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the financial reporting period for the 10-Q.)
• 20250815 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
• 1231 — Fiscal Year End (Specifies the end of the company's fiscal year.)

Key Players & Entities

• Webstar Technology Group Inc. (company) — Filer of the 10-Q
• June 30, 2025 (date) — End of the reporting period
• August 15, 2025 (date) — Filing date
• Jacksonville, FL (location) — Company's business and mailing address

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common stock, $0.0001 par value WBSR OTCPINK Securities
• $500,000 — eed to purchase the Preferred Stock for $500,000 due as follows: $50,000 at the executio
• $50,000 — rred Stock for $500,000 due as follows: $50,000 at the execution of the letter of inten
• $125,000 — the execution of the letter of intent, $125,000 at the Closing, and the remaining $325,
• $325,000 — 5,000 at the Closing, and the remaining $325,000 ninety days after the Closing. The Pref

Filing Documents

• form10-q.htm (10-Q) — 708KB
• ex31-1.htm (EX-31.1) — 17KB
• ex32-1.htm (EX-32.1) — 8KB
• 0001493152-25-012030.txt ( ) — 3683KB
• wbsr-20250630.xsd (EX-101.SCH) — 24KB
• wbsr-20250630_cal.xml (EX-101.CAL) — 33KB
• wbsr-20250630_def.xml (EX-101.DEF) — 139KB
• wbsr-20250630_lab.xml (EX-101.LAB) — 269KB
• wbsr-20250630_pre.xml (EX-101.PRE) — 227KB
• form10-q_htm.xml (XML) — 399KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1.

Financial Statements

Financial Statements Unaudited Condensed Balance Sheets as of June 30, 2025 and December 31, 2024 4 Unaudited Condensed Statements of Operations for the Three and six months ended June 30, 2025 and 2024 5 Unaudited Condensed Statements of Stockholders' Deficit for the three and six months ended June 30, 2025 and 2024 6 Unaudited Condensed Statements of Cash Flows for the six months ended June 30, 2025 and 2024 7 Notes to the Unaudited Condensed Financial Statements 8 Item 2.

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

Management's Discussion and Analysis of Financial Condition and Results of Operations 18 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 27 Item 4.

Controls and Procedures

Controls and Procedures 27

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 28 Item 1A.

Risk Factors

Risk Factors 28 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 28 Item 3. Defaults Upon Senior Securities 29 Item 4. Mine Safety Disclosure 29 Item 5. Other Information 29 Item 6. Exhibits 29

SIGNATURES

SIGNATURES 32 2 CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains "forward-looking statements". Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as "anticipate," "believe," "estimate," "intend," "could," "should," "would," "may," "seek," "plan," "might," "will," "expect," "anticipate," "predict," "project," "forecast," "potential," "continue" negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements. We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Quarterly Report on Form 10-Q and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts. These forward-looking statements represent our intentions, plans,

View Full Filing

View this 10-Q filing on SEC EDGAR