Appyea, Inc. Files Q2 2024 10-Q Financials
Ticker: APYP · Form: 10-Q · Filed: Aug 12, 2024 · CIK: 1568969
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
Appyea's Q2 10-Q is in, showing updated financials for stock and retained earnings. Check it out.
AI Summary
Appyea, Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial information for the second quarter and the first half of the year, including balance sheet items like preferred stock, common stock, additional paid-in capital, and retained earnings for both 2023 and 2024. The company's business address is in Gan Yavne, Israel, with a mailing address in New York, NY.
Why It Matters
This filing provides investors with the latest financial performance and position of Appyea, Inc., crucial for understanding the company's health and future prospects.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new risks highlighted.
Key Numbers
- 2024-06-30 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2024-08-12 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
- 2023-12-31 — Prior Year End Date (Provides a comparison point for financial data from the previous fiscal year-end.)
Key Players & Entities
- Appyea, Inc. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240812 (date) — Filing date
- 16 NATAN ALTERMAN ST (address) — Business street address
- GAN YAVNE (location) — Business city
- 447 BROADWAY (address) — Mailing street address
- NEW YORK (location) — Mailing city
FAQ
What were the key balance sheet components reported for Appyea, Inc. as of June 30, 2024?
As of June 30, 2024, Appyea, Inc. reported components such as Preferred Stock, Common Stock, Shares To Be Issued, Additional Paid-In Capital, Retained Earnings, Parent, and Noncontrolling Interest.
What is the fiscal year end for Appyea, Inc.?
Appyea, Inc.'s fiscal year ends on December 31.
What is the SIC code for Appyea, Inc.?
The Standard Industrial Classification (SIC) code for Appyea, Inc. is 7371, which falls under SERVICES-COMPUTER PROGRAMMING SERVICES.
When was the 10-Q filing submitted to the SEC?
The 10-Q filing for Appyea, Inc. was submitted to the SEC on August 12, 2024.
What are the business and mailing addresses listed for Appyea, Inc.?
Appyea, Inc.'s business address is 16 Natan Alterman St, Gan Yavne, L3, 7085118, and its mailing address is 447 Broadway, New York, NY, 10013.
Filing Stats: 4,750 words · 19 min read · ~16 pages · Grade level 15.5 · Accepted 2024-08-12 15:17:54
Filing Documents
- form10-q.htm (10-Q) — 1073KB
- ex10-4.htm (EX-10.4) — 139KB
- ex31-1.htm (EX-31.1) — 12KB
- ex31-2.htm (EX-31.2) — 12KB
- ex32-1.htm (EX-32.1) — 6KB
- ex32-2.htm (EX-32.2) — 6KB
- 0001493152-24-031239.txt ( ) — 4406KB
- apyp-20240630.xsd (EX-101.SCH) — 30KB
- apyp-20240630_cal.xml (EX-101.CAL) — 36KB
- apyp-20240630_def.xml (EX-101.DEF) — 102KB
- apyp-20240630_lab.xml (EX-101.LAB) — 284KB
- apyp-20240630_pre.xml (EX-101.PRE) — 213KB
- form10-q_htm.xml (XML) — 593KB
– Unaudited Condensed Consolidated Financial Statements
Item 1 – Unaudited Condensed Consolidated Financial Statements 4 Condensed Consolidated Balance Sheets – June 30, 2024 (unaudited) and December 31, 2023 5 Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2024 and 2023 (unaudited) 6 Condensed Consolidated Statement of Changes in Stockholders' Equity (deficit) for the three and six months ended June 30, 2024 and 2023 (unaudited) 7-8 Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2024 and 2023 (unaudited) 9 Notes to Unaudited Condensed Consolidated Financial Statements 10-19 Item 2 – Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Item 3 – Quantitative and Qualitative Disclosures About Market Risk 25 Item 4 – Controls and Procedures 26 PART II — OTHER INFORMATION 27 Item 1 – Legal Proceedings 27 Item 1A – Risk Factors 27 Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds 27 Item 3 – Defaults upon Senior Securities 27 Item 4 – Mine Safety Disclosures 28 Item 5 – Other Information 28 Item 6 – Exhibits 28 Exhibit Index 28
SIGNATURES
SIGNATURES 29 2 APPYEA INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 3 APPYEA INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Page Condensed Consolidated Balance Sheets 3 Condensed Consolidated Statements of Operations 4 Condensed Consolidated Statements of Changes in Deficiency 5-7 Condensed Consolidated Statements of Cash Flows 8 Notes to the Condensed Consolidated Financial Statements 9-18 4 APPYEA INC. CONDENSED CONSOLIDATED BALANCE SHEETS (U.S. dollars in thousands) June 30, December 31, 2024 2023 Unaudited Audited ASSETS Current assets Cash and cash equivalents 158 222 Other accounts receivables 17 42 Government institutions 9 - Inventory 13 14 Total current assets 197 278 Non-current assets Property and equipment, net 2 3 Intangible assets, net 260 193 Total non-current assets 262 196 Total assets 459 474 LIABILITIES AND DEFICIENCY Current liabilities Trade payables 22 51 Other accounts payable 291 694 Short-term loans from related party 78 79 Convertible loans at amortized cost 826 796 Convertible loans – At fair value 1,398 1,203 Financial liability at fair value - 204 Total current liabilities 2,615 3,027 Total liabilities 2,615 3,027 DEFICIENCY AppYea Inc. Stockholders' Deficiency: Convertible preferred stock, $ 0.0001 par value - - Common stock, $ 0.0001 par value 45 31 Shares to be issued 333 559 Additional Paid in Capital 4,869 3197 Accumulated deficit ( 7,389 ) ( 6,326 ) Total AppYea Inc. stockholders' deficiency ( 2,142 ) ( 2,539 ) Non-controlling interests ( 14 ) ( 14 ) Total Deficiency ( 2,156 ) ( 2,553 ) Total liabilities and deficiency 459 474 The accompanying notes are an integral part of the financial statements. 5 APPYEA INC. COND