SUPA Consolidated Inc.

SUPA Consolidated Inc., a development-stage company transitioning from ridesharing technology to food tech, reported no revenue for FY 2025, consistent with FY 2024. Net loss was $293K, compared to net income of $52,842 in FY 2024, driven by operating expenses of $407K (up from $88,196 prior year), primarily general and administrative costs. Other income of $114K from $174K gain on debt extinguishment partially offset $60K interest expense, yielding pretax loss of $293K. Balance sheet shows total assets of $5.2M, dominated by $5.0M equity investment in Boumarang Inc. from IP sale, $41K software/equipment, $84K intangibles, $26K current assets including $18K cash. Liabilities total $1.1M, all current, resulting in $4.0M stockholders' equity. Cash flow used $18K in operations, $0 investing/financing, ending cash near $0 despite $18K net change. Going concern doubt raised due to $1.1M working capital deficit, no revenue, and reliance on financing. Strategic focus: monetize Boumarang stake, operate acquired vending machines, pursue food tech acquisitions.

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