AppYea, Inc. | 10-Q: FY2025 Q3 Revenue: USD 2 K

Revenue: As of FY2025 Q3, the actual value is USD 2 K.

EPS: As of FY2025 Q3, the actual value is USD 0.

Segment Revenue

• Revenues for the three months ended September 30, 2025, were $2,000, compared to $1,000 for the same period in 2024. For the nine months ended September 30, 2025, revenues were $6,000, compared to $16,000 in 2024. All revenues were from sales of the AppySleep wristband.

Operational Metrics

• Gross profit for the three months ended September 30, 2025, was $1,000, compared to a loss of $1,000 in 2024. For the nine months ended September 30, 2025, the gross loss was $3,000, compared to a profit of $8,000 in 2024.
• Operating loss for the three months ended September 30, 2025, was $237,000, compared to $610,000 in 2024. For the nine months ended September 30, 2025, the operating loss was $713,000, compared to $1,415,000 in 2024.
• Net loss for the three months ended September 30, 2025, was $4,678,000, compared to $512,000 in 2024. For the nine months ended September 30, 2025, the net loss was $4,850,000, compared to $1,575,000 in 2024.

Cash Flow

• Net cash used in operating activities for the nine months ended September 30, 2025, was $350,000, compared to $569,000 in 2024.
• Net cash provided by financing activities for the nine months ended September 30, 2025, was $735,000, compared to $486,000 in 2024.

Unique Metrics

• The company has an accumulated deficit of $15,208,000 as of September 30, 2025, and a stockholders’ deficiency of $7,758,000.

Future Outlook and Strategy

• Core Business Focus: The company is focusing on the development and commercialization of its digital health products, including the AppySleep wristband and AppySleep LAB app, with plans to file for FDA approval.
• Non-Core Business: The company has entered into a strategic pivot towards the institutional lottery market through a transaction with Techlott Enterprises Ltd., acquiring a blockchain-based lottery and gaming platform.
• Priority: The company aims to complete the adaptation of the Techlott platform for new applications by the end of the year and begin commercial pilots with licensed operators.