Overview of Financial Performance

The financial report provides an analysis of the company’s financial results for the three and six months ended June 30, 2026, compared to the same periods in 2025. The key points are:

Revenues

• The company had no revenues during the three months ended June 30, 2026 and 2025.
• During the six months ended June 30, 2026, revenues were $1,220, compared to $0 in the prior-year period. This change was primarily due to income from the BUFFALOED CAMA project.

Expenses

• General and administrative expenses decreased significantly in both the three-month and six-month periods, primarily due to one-time expenses in 2025 that were not repeated in 2026.
• Sales and marketing expenses increased slightly in both periods.
• Interest expense increased in both periods, mainly due to credit card debt and Labrys financings.

Liquidity and Capital Resources

• As of June 30, 2026, the company had no cash, a working capital deficit of $1,517,590, and an accumulated deficit of $8.1 million, raising substantial doubt about its ability to continue as a going concern.
• Net cash used in operating activities decreased in the six-month period, reflecting collections on the BARRON’S COVE revenue rights and funding obligations under the Multi-Film Investment and Compensation Agreement.
• The company had no investing activities in the periods presented.
• Financing activities provided net cash of $51,066 in the six-month period of 2026, primarily from promissory note transactions.

Outlook The company expects its expenses to increase due to ongoing film development and production activities, as well as public company reporting obligations. It plans to finance operations and investments through a combination of project receipts, debt financings, equity issuances, and strategic transactions, although there is no assurance that sufficient capital will be available.