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
| Period | Revenue | Operating Expenses | Net Loss | Loss 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
| Item | Feb 28, 2026 | Aug 31, 2025 | Change |
|---|---|---|---|
| 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) |