Loan Artificial Intelligence Q1 2026 results filed
Loan Artificial Intelligence Q1 2026 results filed
Publish Date: 2026-05-20 11:41:00
Source Domain: www.stocktitan.net
- Loan Artificial Intelligence Corp., previously known as Vestiage, Inc., filed its 10-Q report for the quarter ended March 31, 2026, revealing no revenue generated and continued deficit in losses.
- The company reported a net loss of $8,641 for March 2026, up from $6,381 in March 2025, primarily due to increased operating expenses.
- As of March 31, 2026, the company had no cash on hand and a total stockholders’ deficit of $198,347.
- The financial statements were prepared on a going-concern basis, raising substantial doubt about the company’s ability to continue operations due to lack of revenue and uncertainties about future financing.
- The company’s internal controls, including segregation of duties, were deemed ineffective, indicating potential issues in financial reporting.
- Loan Artificial Intelligence Corp. is currently in a development stage and actively seeking business acquisitions or mergers to drive growth and turn its operation profitable.
- Significant changes include a name change from Vestiage to Loan Artificial Intelligence and a reverse stock split in September 2025.
