Internet Sciences Reports Zero Revenue, Widening Losses in Q3 2025

TL;DR

**INTERNET SCIENCES INC. is a pre-revenue company burning cash, making it a highly speculative bet with no clear path to profitability.**

AI Summary

INTERNET SCIENCES INC. (ISCI) reported a net loss of $79,139 for the nine months ended September 30, 2025, a significant decline from a net income of $29,264 in the same period of 2024. The company generated no revenue for the three and nine months ended September 30, 2025, compared to $686,165 in revenue for the nine months ended September 30, 2024. Total assets increased substantially to $627,120 as of September 30, 2025, from $76,544 at December 31, 2024, primarily due to a significant increase in deferred compensation to $594,462. Cash decreased from $52,544 at the beginning of the period to $8,658 by September 30, 2025. Operating expenses for the nine months ended September 30, 2025, rose to $79,265 from $76,586 in the prior year, driven by increased professional fees of $55,313. The company is an early-stage ICT firm with products like DataClenz API and IoTIMAX API, which began commercialization in April 2025, and is developing SaaS versions expected to be completed in Q4 2025.

Why It Matters

This filing reveals a critical lack of revenue generation for INTERNET SCIENCES INC. in the current period, a stark contrast to the prior year, which is a major red flag for investors. The substantial increase in deferred compensation and total assets without corresponding revenue or profit raises questions about the quality of assets and future cash flow. For employees, the company's early-stage status and lack of revenue could signal job insecurity, while customers might face uncertainty regarding product longevity and support. In a competitive ICT market, the absence of sales for its newly commercialized products puts ISCI at a significant disadvantage against established players.

Risk Assessment

Risk Level: high — The company reported zero revenue for the three and nine months ended September 30, 2025, a drastic drop from $686,165 in revenue for the nine months ended September 30, 2024. Cash reserves plummeted from $52,544 to $8,658, indicating rapid cash burn. The accumulated deficit grew to $(1,083,131) from $(1,003,991) at December 31, 2024, demonstrating persistent losses.

Analyst Insight

Investors should avoid INTERNET SCIENCES INC. given its pre-revenue status, significant losses, and dwindling cash reserves. This company is highly speculative and lacks the financial stability required for a prudent investment. Monitor for concrete revenue generation and a clear path to profitability before considering any position.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

$627,120

total Debt

$205,512

net Income

$(79,139)

eps

$0.00

gross Margin

N/A

cash Position

$8,658

revenue Growth

-100.0%

Revenue Breakdown

Key Numbers

• $0 — Revenue (for the nine months ended September 30, 2025, down from $686,165 in 2024)
• $(79,139) — Net Loss (for the nine months ended September 30, 2025, compared to net income of $29,264 in 2024)
• $8,658 — Cash (as of September 30, 2025, a decrease from $52,544 at December 31, 2024)
• $627,120 — Total Assets (as of September 30, 2025, up from $76,544 at December 31, 2024)
• $594,462 — Deferred Compensation (Asset) (as of September 30, 2025, a significant increase from $0 at December 31, 2024)
• $79,265 — Total Operating Expenses (for the nine months ended September 30, 2025, up from $76,586 in 2024)
• $55,313 — Professional Fees (for the nine months ended September 30, 2025, up from $11,000 in 2024)
• 23,943,500 — Class A shares outstanding (as of September 30, 2025)
• $(1,083,131) — Accumulated Deficit (as of September 30, 2025, widening from $(1,003,991) at December 31, 2024)
• $543,502 — Proceeds from Common Stock Issuance (for the nine months ended September 30, 2025)

Key Players & Entities

• INTERNET SCIENCES INC. (company) — registrant
• Luxury Trine Digital Media Group Inc. (company) — former name of registrant
• Institute of Technology Informatics & Computer Analytics LLC (company) — wholly owned subsidiary
• Analygence Limited (company) — wholly owned subsidiary
• Carahsoft (company) — distributor for public sector markets
• Ingram Micro (company) — under review for private sector distribution
• IBM Cloud Catalog (company) — platform for product publication and co-marketing
• AWS Market Place (company) — platform for product publication and co-marketing
• TD/SYNNEX (company) — principal resell partner for services
• Delaware (regulator) — state of incorporation

FAQ

Risk Factors

• Deteriorating Financial Performance [high — financial]: The company reported $0 revenue for the nine months ended September 30, 2025, a significant drop from $686,165 in the prior year. This resulted in a net loss of $79,139, a reversal from a net income of $29,264 in the same period of 2024.
• Declining Cash Position [high — financial]: Cash decreased from $52,544 at December 31, 2024, to $8,658 as of September 30, 2025, indicating a significant burn rate and potential liquidity concerns.
• Increasing Accumulated Deficit [medium — financial]: The accumulated deficit widened from $(1,003,991) at December 31, 2024, to $(1,083,131) as of September 30, 2025, reflecting ongoing operational losses.
• Dependence on New Product Commercialization [high — operational]: The company's revenue generation is heavily reliant on the successful commercialization of its DataClenz API and IoTIMAX API, which only began in April 2025. Future revenue depends on the adoption of these and upcoming SaaS versions.
• Rising Professional Fees [medium — operational]: Professional fees increased substantially from $11,000 for the nine months ended September 30, 2024, to $55,313 in the same period of 2025, contributing to the overall rise in operating expenses.
• Significant Deferred Compensation Asset [medium — financial]: A substantial deferred compensation asset of $594,462 was recorded as of September 30, 2025, which significantly inflated total assets. The nature and recoverability of this asset warrant scrutiny.

Industry Context

Internet Sciences Inc. operates in the early-stage information and communications technology (ICT) sector, focusing on digital transformation services. The industry is characterized by rapid innovation, particularly in areas like IoT and cloud services. Companies in this space often rely on developing and commercializing new APIs and SaaS solutions to capture market share and drive revenue.

Regulatory Implications

As an early-stage technology company, ISCI may face evolving regulatory landscapes related to data privacy, cybersecurity, and the use of AI in its services. Compliance with these regulations will be crucial for sustained growth and market acceptance.

What Investors Should Do

1. Monitor revenue generation closely
2. Analyze the nature of the deferred compensation asset
3. Evaluate cash burn rate and future funding needs
4. Assess the competitive landscape for API and SaaS offerings

Key Dates

• 2025-04-01: Commercialization of DataClenz API and IoTIMAX API began — Marks the start of the company's efforts to generate revenue from its core products.
• 2025-09-30: End of the nine-month reporting period — Period during which revenue dropped to $0 and net loss widened significantly.
• 2025-12-31: Expected completion of SaaS versions — Potential catalyst for future revenue growth if successfully launched and adopted.

Glossary

API

Application Programming Interface, a set of rules and protocols that allows different software applications to communicate with each other. (Key component of the company's products (DataClenz API, IoTIMAX API) for enabling digital transformation.)

IoT

Internet of Things, a network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data. (Core technology area for the company's IoTIMAX API product.)

SaaS

Software as a Service, a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. (The company is developing SaaS versions of its products, indicating a shift towards a recurring revenue model.)

ICT

Information and Communications Technology, refers to the infrastructure and components that enable the present day computing and communications. (The company identifies itself as an ICT firm specializing in digital transformation services.)

Deferred Compensation

Compensation that is earned by an employee in one period but paid in a future period. In this context, it appears as a significant asset on the balance sheet. (A substantial increase in deferred compensation to $594,462 significantly impacts the company's asset base and financial structure.)

Year-Over-Year Comparison

Compared to the nine months ended September 30, 2024, Internet Sciences Inc. has experienced a dramatic financial downturn. Revenue has plummeted from $686,165 to $0, and the company has shifted from a net income of $29,264 to a net loss of $79,139. While total assets have surged due to a large deferred compensation entry, cash has significantly decreased, and operating expenses, particularly professional fees, have risen, indicating a challenging operational and financial period.

Key Financial Figures

• $0.001 — Stockholders' Deficit Common Stock, $0.001 par value 100,000,000 authorized, Comm

Filing Documents

• insi_10q.htm (10-Q) — 405KB
• insi_ex311.htm (EX-31.1) — 12KB
• insi_ex312.htm (EX-31.2) — 12KB
• insi_ex321.htm (EX-32.1) — 4KB
• insi_ex322.htm (EX-32.2) — 5KB
• 0001477932-25-008344.txt ( ) — 440KB

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION Item 1.

Financial Statements

Financial Statements. 3 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. 19 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 21 Item 4.

Controls and Procedures

Controls and Procedures. 21 PART—II OTHER INFORMATION Item 1. Legal Proceedings. 22 Item 1A. Risk Factors. 22 Item 2. Unregistered Sales of Securities and Use of Proceeds. 22 Item 3. Defaults Upon Senior Securities. 22 Item 4. Mine Safety Disclosure. 22 Item 5. Other Information. 22 Item 6. Exhibits 23

Signatures

Signatures 24 2 Table of Contents

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements. Internet Sciences Inc. Consolidated Balance Sheets (Unaudited) September 30, December 31, 2025 2024 ASSETS Current Assets Cash $ 8,658 $ 52,544 Total Current Assets 8,658 52,544 Intellectual property – software 24,000 24,000 Deferred Compensation 594,462 - Total Long-Term Assets 618,462 24,000 Total Assets $ 627,120 $ 76,544 Liabilities and Stockholders' Deficit Current Liabilities Accounts payable and accrued liabilities $ 117,682 $ 101,225 Due to related party 470 74 Total Current Liabilities 118,152 101,299 Deferred Compensation Liabilities 87,360 18,000 Total Liabilities 205,512 119,299 Stockholders' Deficit Common Stock, $0.001 par value 100,000,000 authorized, Common Stock, 23,943,500 and 22,650,200 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 23,944 22,650 Additional paid-in capital 1,480,795 938,586 Accumulated deficit (1,083,131 ) (1,003,991 ) Total stockholders' Equity 421,608 (42,755 ) TOTAL Liabilities and Stockholders' Equity $ 627,120 $ 76,544 See accompanying notes to consolidated financial statements (unaudited) 3 Table of Contents Internet Sciences Inc. Consolidated Statements of Operations and Comprehensive Loss (Unaudited) For the Three Months Ended For the N ine Months Ended September 30, September 30, 2025 2024 2025 2024 Revenue 0 0 0 686,165 Cost of Sales 0 0 580,486 Gross Profit 0 (850 ) 0 105,679 Operating Expenses 3,382 16,839 23,977 18,498 Professional Fees 29,860 1,500 55,313 11,000 Compensation 23,463 (26 ) 47,088 Total Operating Expenses 33,242 41,802 79,265 76,586 Operating Income (Loss) (33,242 ) (42,652 ) (79,265 ) 29,092 Other Income (Expense) 171 126 171 Net gain (loss) before taxes (33,242 ) (42,481 ) (79,139 ) 29,264 Income Tax Provision 0

Notes to Consolidated Financial Statements

Notes to Consolidated Financial Statements For the Nine months ended September 30, 2025 (Unaudited) NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Business The Company was incorporated under the laws of the State of Delaware on May 20, 2016 as Luxury Trine Digital Media Group Inc. and subsequently changed its name to Internet Sciences Inc. on October 5, 2018. The Company has two wholly owned subsidiaries, Institute of Technology Informatics & Computer Analytics LLC, a New York limited liability company organized in September 2014 (" IoTICA "), and Analygence Limited, incorporated in the United Kingdom in April 2020. The Company is an early-stage emerging diversified information and communications technology company specializing in cutting-edge digital transformation services, including telecommunication and network carrier services; IoT-enabled solutions; and managed ICT, managed cloud services, data centers and co-location services. See " Business of the Company ". CORPORATE STRUCTURE The Company was incorporated under the laws of the State of Delaware on May 20, 2016. The head office is located at 1330 Avenue of Americas, 23rd Floor, New York, NY 10019 and its registered agent office in the State of Delaware is 8 The Green, Suite A, Dover, Delaware 19901. BUSINESS OF THE COMPANY General Description of the Business The Company is an early-stage emerging diversified information and communications technology company specializing in cutting-edge digital transformation services, including telecommunication and network carrier services; IoT-enabled solutions; and managed ICT, managed cloud services, data centers and co-location services. Based in New York, N.Y., the Company seeks to operate internationally with a global team known for its technological expertise, deep industry knowledge, world-class research and analytical capabilities, and innovative mindset. Throughout the discussion below, note that the foll

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