Certiplex Narrows Q3 Loss Amid Revenue Growth, Going Concern Looms

TL;DR

**Certiplex is a high-risk bet, showing some revenue growth but still bleeding cash with a 'going concern' warning that screams 'avoid' unless you're a venture capitalist.**

AI Summary

Certiplex Corporation reported a net loss of $11,916 for the three months ended September 30, 2025, an improvement from a net loss of $17,441 in the same period of 2024. For the nine months ended September 30, 2025, the net loss was $35,514, down from $41,362 in the prior year. Total revenue increased to $29,695 for the three-month period in 2025, up from $17,779 in 2024, primarily driven by a rise in sales from $17,779 to $29,548. Gross profit also saw a significant increase, reaching $24,518 in Q3 2025 compared to $13,143 in Q3 2024. Operating expenses, however, rose to $35,504 in Q3 2025 from $30,233 in Q3 2024, largely due to increased professional fees of $6,202 (up from $4,500) and consulting expenses of $13,400 (up from $8,400). The company continues to face a 'going concern' risk, with an accumulated deficit of $408,284 and a stockholders' deficit of $81,284 as of September 30, 2025, necessitating additional financing and profitable operations.

Why It Matters

Certiplex's continued 'going concern' warning, stemming from an accumulated deficit of $408,284 and a stockholders' deficit of $81,284, signals high risk for investors. While revenue growth in Q3 2025 to $29,695 and a reduced net loss are positive, the reliance on future equity financing and strategic partnerships for survival makes this a speculative investment. Employees face uncertainty regarding job security if the company fails to secure additional funding. Customers might experience service disruptions or product discontinuation if the company's financial health deteriorates further, especially given its multimedia and lighting system focus in a competitive market.

Risk Assessment

Risk Level: high — The company explicitly states a 'going concern' risk due to recurring losses and an accumulated deficit of $408,284 as of September 30, 2025. Stockholders' equity also shows a deficit of $81,284, indicating liabilities exceed assets, which are critical indicators of financial instability.

Analyst Insight

Investors should exercise extreme caution and likely avoid Certiplex given the explicit 'going concern' warning and significant accumulated deficit. Only those with a high-risk tolerance and a deep understanding of the company's unstated future financing plans should consider any investment, as the current financial state is unsustainable without external capital.

Financial Highlights

debt To Equity

N/A

revenue

$29,695

operating Margin

-37.0%

total Assets

$132,239

total Debt

$213,523

net Income

-$11,916

eps

N/A

gross Margin

82.6%

cash Position

$7,810

revenue Growth

+67.0%

Revenue Breakdown

Key Numbers

• $29,695 — Total Revenue (Q3 2025) (Increased from $17,779 in Q3 2024, a 67% increase.)
• $11,916 — Net Loss (Q3 2025) (Reduced from $17,441 in Q3 2024, a 31.7% improvement.)
• $408,284 — Accumulated Deficit (Increased from $372,770 at December 31, 2024, indicating continued losses.)
• $81,284 — Stockholders' Deficit (Increased from $45,770 at December 31, 2024, worsening financial position.)
• $7,810 — Cash and Cash Equivalents (Decreased from $10,843 at December 31, 2024, indicating cash burn.)
• $147,100 — Accrued Compensation (Increased from $119,200 at December 31, 2024, including $4,200 monthly to the President.)
• 73,200,000 — Common Stock Shares Outstanding (Consistent across periods, indicating no new equity issuance for financing.)
• $35,504 — Total Operating Expense (Q3 2025) (Increased from $30,233 in Q3 2024, driven by professional fees and consulting.)

Key Players & Entities

• Certiplex Corporation (company) — Registrant
• $11,916 (dollar_amount) — Net loss for three months ended September 30, 2025
• $17,441 (dollar_amount) — Net loss for three months ended September 30, 2024
• $35,514 (dollar_amount) — Net loss for nine months ended September 30, 2025
• $41,362 (dollar_amount) — Net loss for nine months ended September 30, 2024
• $29,695 (dollar_amount) — Total revenue for three months ended September 30, 2025
• $17,779 (dollar_amount) — Total revenue for three months ended September 30, 2024
• $408,284 (dollar_amount) — Accumulated deficit as of September 30, 2025
• $81,284 (dollar_amount) — Stockholders' deficit as of September 30, 2025
• Pro Sun Lighting system (company) — Acquired licensing rights

FAQ

Risk Factors

• Going Concern Risk [high — financial]: The company has an accumulated deficit of $408,284 and a stockholders' deficit of $81,284 as of September 30, 2025. This indicates a persistent inability to generate profits and a negative equity position, raising substantial doubt about its ability to continue as a going concern.
• Cash Burn and Liquidity [high — financial]: Cash and cash equivalents decreased from $10,843 at December 31, 2024, to $7,810 as of September 30, 2025. This reduction in cash, coupled with increasing liabilities, suggests a negative cash flow from operations and a need for immediate financing.
• Increasing Operating Expenses [medium — financial]: Total operating expenses rose to $35,504 in Q3 2025 from $30,233 in Q3 2024, primarily due to significant increases in professional fees ($6,202 vs $4,500) and consulting expenses ($13,400 vs $8,400). This trend outpaces revenue growth and exacerbates losses.
• Growing Liabilities [medium — financial]: Total liabilities increased from $182,122 at December 31, 2024, to $213,523 as of September 30, 2025. Notably, accrued compensation has risen significantly to $147,100, indicating potential future cash outflows.

Industry Context

Certiplex operates in the multi-media and technology integration space, focusing on business modules, website/app development, SEO, and online content. The industry is highly competitive, characterized by rapid technological advancements and evolving consumer demands. Companies in this sector often require significant investment in R&D and marketing to maintain a competitive edge.

Regulatory Implications

As a publicly reporting company, Certiplex must adhere to SEC regulations, including timely and accurate financial reporting. The 'going concern' disclosure is a critical regulatory requirement that signals financial distress to investors and may attract scrutiny from regulatory bodies.

What Investors Should Do

1. Monitor cash burn rate closely.
2. Scrutinize the sustainability of revenue growth.
3. Evaluate the necessity and cost-effectiveness of professional and consulting fees.
4. Assess the company's ability to secure future financing.

Key Dates

• 2025-09-30: End of Q3 2025 — Reported net loss of $11,916 on revenue of $29,695, with accumulated deficit at $408,284 and stockholders' deficit at $81,284.
• 2024-09-30: End of Q3 2024 — Reported net loss of $17,441 on revenue of $17,779, indicating a worsening financial position compared to the prior year's Q3.
• 2024-12-31: End of Fiscal Year 2024 — Company had cash of $10,843, accumulated deficit of $372,770, and stockholders' deficit of $45,770.

Glossary

Accumulated Deficit

The total net losses of a company since its inception, minus any net profits. It represents a deficit in retained earnings. (Indicates the company has consistently incurred losses, contributing to its negative equity and going concern risk.)

Stockholders' (Deficit) Equity

The net worth of a company, calculated as total assets minus total liabilities. A deficit means liabilities exceed assets. (Shows a negative net worth for Certiplex, highlighting its precarious financial condition and reliance on external financing.)

Going Concern

An accounting assumption that a company will continue to operate for the foreseeable future. If there is substantial doubt, it must be disclosed. (The company's financial state raises significant doubt about its ability to continue operating, a critical disclosure for investors.)

Gross Profit

Revenue minus the cost of goods sold (COGS). It represents the profit a company makes after deducting direct costs associated with producing and selling its products. (Shows a significant increase in Q3 2025, indicating improved profitability on sales, though not enough to cover operating expenses.)

Operating Expenses

Costs incurred by a company in its normal business operations, excluding cost of goods sold, interest, and taxes. Includes items like salaries, rent, utilities, and professional fees. (These expenses have increased, particularly professional and consulting fees, contributing to the operating loss despite revenue growth.)

Year-Over-Year Comparison

Certiplex Corporation shows a mixed financial performance compared to the prior year. Total revenue for Q3 2025 surged by 67.0% to $29,695 from $17,779 in Q3 2024, driven by a substantial increase in sales. This revenue growth led to a higher gross profit. However, the company's net loss, while reduced by 31.7% to $11,916, remains significant. Operating expenses have also increased, particularly professional and consulting fees, outpacing revenue growth and contributing to a wider operating loss margin. The company's financial position has deteriorated, with an increased accumulated deficit and stockholders' deficit, and a decrease in cash reserves, reinforcing the going concern risk.

Key Financial Figures

• $0.001 — ng at November 26, 2025 Common Stock, $0.001 par value per share 73,200,000 CERTI

Filing Documents

• certiplex_10q-093025.htm (10-Q) — 434KB
• ex31x1.htm (EX-31.1) — 10KB
• ex32x1.htm (EX-32.1) — 4KB
• 0001553350-25-000155.txt ( ) — 2516KB
• cik0001755347-20250930.xsd (EX-101.SCH) — 19KB
• cik0001755347-20250930_cal.xml (EX-101.CAL) — 35KB
• cik0001755347-20250930_def.xml (EX-101.DEF) — 40KB
• cik0001755347-20250930_lab.xml (EX-101.LAB) — 203KB
• cik0001755347-20250930_pre.xml (EX-101.PRE) — 156KB
• certiplex_10q-093025_htm.xml (XML) — 260KB

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 13 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 15 Item 4.

Controls and Procedures

Controls and Procedures 16 Part II. Other Information Item 1.

Legal Proceedings

Legal Proceedings 16 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 16 Item 3. Defaults upon Senior Securities 16 Item 4. Mine Safety Disclosures 16 Item 5. Other Information 16 Item 6. Exhibits 16

- financial

PART I - financial INFORMATION

Financial Statements

Item 1. Financial Statements Unaudited Financial Certiplex Corporation Table Of Contents Unaudited

Financial Statements

Financial Statements Balance Sheets as of September 30, 2025 (Unaudited) and December 31, 2024 3 4 5 6 Notes to the Unaudited Financial Statements 7 2 CERTIPLEX CORPORATION BALANCE SHEETS September 30, 2025 (Unaudited) December 31, 2024 ASSETS Current Assets Cash and Cash Equivalents $ 7,810 $ 10,843 Loan Receivable 1,064 1,064 Total Current Assets 8,874 11,907 Fixed Assets Vehicles, net 3,790 4,870 Total Fixed Assets 3,790 4,870 Other Assets Licensing Rights, net 94,575 94,575 Distribution Rights 25,000 25,000 Total Other Assets 119,575 119,575 Total Assets $ 132,239 $ 136,352 Liabilities and Stockholders' (Deficit) Equity Current Liabilities Accrued Compensation $ 147,100 $ 119,200 Accounts Payable and Accrued Liabilities 12,242 8,984 Accrued Interest SBA Loan 3,481 3,238 Note Payable, Current Portion 2,277 2,277 Total Current Liabilities 165,100 133,699 Note Payable, less current portion 48,423 48,423 Total Liabilities 213,523 182,122 Commitments and Contingencies (Note 4) — Stockholders' (Deficit) Equity Common Stock $ 0.001 par value 75,000,000 shares authorized 73,200,000 issued and outstanding 73,200 73,200 Additional Paid in Capital 253,800 253,800 Accumulated Deficit ( 408,284 ) ( 372,770 ) Total Stockholders' (Deficit) Equity ( 81,284 ) ( 45,770 ) Total Liabilities and Stockholders' (Deficit) Equity $ 132,239 $ 136,352 S ee accompanying Notes to the Unaudited Financial Statements 3 CERTIPLEX CORPORATION OF OPERATIONS (UNAUDITED) For the Three Months Ended September 30, 2025 For the Three Months Ende

Financial Statements

Financial Statements September 30, 2025 Note 1 - Summary of Significant Accounting Policies Nature of Operations Certiplex Corporation ("Certiplex"or the "Company") was incorporated under the laws of the State of Montana, on August 7, 2018. Certiplex is a full-service multi-media Company with an operational approach focusing on: 1) Business Ready Opportunities through its ready to sell Business modules. 2) Website and mobile app technology integration design and development. 3) SEO (Search Engine Optimization) and Social Media Integration. 3) Online video and photography content development and distribution. On September 10, 2021, Certiplex acquired the licensing right to the Pro Sun Lighting system for both residential and commercial use. The Company's intent is to market the lighting system through its online and social media sources. Basis Of Presentation The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("GAAP"), and pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company as of September 30, 2025 and 2024. Interim results are not necessarily indicative of full year performance. Use of Estimates The preparation of the unaudited financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts. Accordingly, actual results could differ from those estimates. Cash And Cash Equivalents The Company maintains a cash balance in a non-interest-bearing account that currently does not exceed federally insured limits. For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or les

M ANAGEMENT'S

Item 2. M ANAGEMENT'S D ISCUSSION AND A NALYSIS OF F INANCIAL C ONDITION AND R ESULTS OF O PERATIONS (Unaudited) Forward Looking This "Management's Discussion and Analysis of Financial Condition and Results of Operations" (MD&A) is intended to provide an understanding of our financial condition, change in financial condition, cash flow, liquidity and results of operations. The following MD&A discussion should be read in conjunction with the financial statements and notes to those statements that appear elsewhere in this Form 10-Q and in the Company's S-1 Registration Statement. The following discussion contains forward-looking statements that reflect the Company's plans, estimates and beliefs. The Company's actual results could differ materially from those discussed or referred to in the forward-looking statements. Factors that could cause or contribute to any differences include, but are not limited to, those discussed under the caption "Forward-Looking Information and Factors That May Affect Future Results" and under Part I, Item 1A, of the Company's Annual Report on Form 10-K under the heading "Risk Factors." GENERAL Overview Certiplex Corporation is a full-service multi-media company with a multi-operational approach focused on providing business-ready solutions. Our services include business module development, website and mobile app integration and design, SEO (Search Engine Optimization), social media integration, and online video/photography content creation and distribution. In addition, the Company owns the licensing rights to the Pro Sun Lighting system for residential and commercial use, which we market through distributors. Our revenues are derived primarily from multimedia design and development projects, with additional opportunities expected from licensing rights. We continue to pursue growth in web and

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View this 10-Q filing on SEC EDGAR