GPods, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 3, 2026, reporting a net loss of $240,904 for the six-month period and a cumulative accumulated deficit of $2,325,693.

Key Highlights

  • Six-month net loss: GPods, Inc. reported a net loss of $240,904 for the six-month period ended September 30, 2026, compared to a net loss of $238,870 for the same period in 2025.
  • Accumulated deficit: The company's accumulated deficit reached $2,325,693 as of September 30, 2026, up from $2,084,789 at March 31, 2026.
  • Total assets: Total assets were $154,255 at September 30, 2026, compared to $134,859 at March 31, 2026.
  • Total liabilities: Total liabilities increased to $1,264,408 from $1,004,108 at March 31, 2026, resulting in a stockholders' deficit of $(1,110,153).
  • Shares outstanding: 22,980,000 shares of common stock were outstanding as of November 3, 2026, unchanged from March 31, 2026.
  • Power Spline costs: The balance sheet included $55,000 in Power Spline capitalized costs as a new other asset at September 30, 2026, with no corresponding balance at March 31, 2026.

GPods Financial Position and Operating Expenses for the Period Ended September 30, 2026

According to the filing, GPods, Inc. (OTC:GPOD), a Nevada-incorporated smaller reporting company and emerging growth company headquartered in Vista, California, generated no revenue during either the three-month or six-month periods ended September 30, 2026. The company's operations consisted entirely of expenses, which totaled $98,125 for the three-month period ended September 30, 2026, compared to $123,515 in the same quarter of 2025. For the six-month period, total expenses were $224,312 versus $238,870 in the prior-year period.

The filing disclosed that the company's expense categories for the six-month period ended September 30, 2026 included officer compensation and wage expense (related party) of $30,000, consulting expense of $43,000, legal and accounting expense of $12,750, software development expense (related party) of $40,800, design and technical expense (related party) of $72,400, and administration expense and other of $25,362. An amortization expense of $16,592 was also recorded as other expense for the six-month period, related to internal-use software that carried a net book value of $92,008 on the balance sheet at September 30, 2026. The company reported basic and diluted loss per share of $(0.01) for both the three-month and six-month periods ended September 30, 2026.

The filing reported that total liabilities rose to $1,264,408 at September 30, 2026, driven in part by related party accounts payable of $493,600 and notes payable of $227,815. Cash and cash equivalents stood at $5,815, down from $21,605 at March 31, 2026. The company noted that it had not filed all reports required under Section 13 or 15(d) during the preceding 12 months, as indicated by the "No" response to the corresponding check-box question on the filing cover page.

What Was Disclosed

GPods, Inc. disclosed its unaudited financial results for the three- and six-month periods ended September 30, 2026, showing no revenue, a six-month net loss of $240,904, an accumulated deficit of $2,325,693, and a stockholders' deficit of $(1,110,153) as of that date.