logo
light
search

Amplara Corp Posts $44K Net Loss, Deficit Widens to $41K in H1 2026

Amplara Corp reported a net loss of $43,954 for the six months ended February 28, 2026, on revenue of $1,129. The company's accumulated deficit reached $53,354 as operating expenses exceeded $45,000.

Amplara Corp, a software development company, swung to a net loss of $43,954 for the six months ended February 28, 2026, according to its latest financial filing. The company reported revenue of $1,129 for the period, its first recorded revenue. Read more earnings reports.

Operating expenses totaled $45,083 for the six-month period. Professional fees consumed $19,669 of that total, while general and administrative expenses accounted for $19,950. Amortization charges added another $5,464.

For the three months ended February 28, 2026, Amplara posted a net loss of $21,660 on zero revenue. Operating expenses for the quarter reached $22,789, driven by $16,850 in general and administrative costs.

The company's accumulated deficit expanded to $53,354 as of February 28, 2026, from $9,400 six months earlier. Shareholders' equity turned negative, reaching a deficit of $41,154 compared to positive equity of $600 at August 31, 2025.

Amplara burned through $37,519 in cash from operations during the six-month period. The company invested $32,759 in capitalized software development costs, bringing its website development costs to $46,629 on the balance sheet.

To fund operations, Amplara raised $2,200 from a common stock issuance, selling 88,000 shares at approximately $0.025 per share. The company also drew $70,518 from a related-party loan, bringing total related-party debt to $89,442 as of February 28, 2026.

Cash and cash equivalents stood at $2,630 at period end, up from $190 six months prior. Current liabilities climbed 378% to $90,413, creating a working capital deficit of $87,783.

The company reported a loss per share of $0.02 for the six-month period, based on 2,001,451 weighted average shares outstanding. Total shares issued and outstanding reached 2,088,000 as of February 28, 2026.

Financial Snapshot

PeriodRevenueOperating ExpensesNet LossLoss Per Share
Six Months Ended Feb 28, 2026$1,129$45,083($43,954)($0.02)
Three Months Ended Feb 28, 2026$0$22,789($21,660)($0.01)

Balance Sheet Highlights

ItemFeb 28, 2026Aug 31, 2025Change
Cash$2,630$190$2,440
Total Assets$49,259$19,524$29,735
Current Liabilities$90,413$18,924$71,489
Shareholders' Equity (Deficit)($41,154)$600($41,754)