SPST Superstar Platforms Inc.

NEUTRAL Impact: 2/10 10-K/A
Horizon months Filed May 7, 2026 Processed 1mo ago SEC 0001493152-26-021683
Amended annual report (potential restatement)
Latest settled — T+20d
SPST ▼ -2.34% at T+20d
NEUTRAL call ✗ call lost -2.34% · α vs SPY -5.47% · entry $0.0899 → $0.0878
Next anchor: T+60d in 8w
Currently $0.0698 · -22.36% from $0.0899 entry
Entry anchored
May 7, 2026
via day open
T+1d
+0.11%
call +0.11% · α -0.72%
$0.0900
settled 5w ago
T+5d
0.00%
call 0.00% · α -1.50%
$0.0899
settled 27d ago
T+20d
-2.34%
call -2.34% · α -5.47%
$0.0878
settled 5d ago
T+60d
—
call — · α —
—
in 8w

Price Chart

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Executive Summary

Superstar Platforms filed an amended 10-K solely to correct typographical and presentation errors in the original filing, including overstating revenue as $307,068 (now corrected to $0) and transposed balance sheet labels. The underlying financials and business outlook remain unchanged: a pre-revenue development-stage company with a net loss of $335,366 for 2025 and a going concern warning.

Actionable Insight

This 10-K/A is a non-event for traders. The underlying story remains a pre-revenue micro-cap with heavy debt, minimal cash, and an unproven PawnTrust platform. Monitor for the platform launch in Q2/2026 and any subsequent equity or debt offerings.

Key Facts

  • Revenue for FY2025 corrected to $0 from originally stated $307,068 (which was interest income).
  • Net loss for FY2025 was $335,366, up from $164,014 in FY2024.
  • Accumulated deficit reached $1,835,034 as of Dec 31, 2025.
  • Total assets of $2,817,823 consist mainly of loans receivable ($2,587,233) and interest receivable ($307,068).
  • Cash balance was only $1,138; the company relies on debt and equity financing to operate.
  • Auditor's report includes a going concern emphasis paragraph.
  • This amendment does not change any previously reported financial figures or add new information.

Financial Impact

Corrections were clerical; no material change to financial condition.

revenue

Risk Factors

  • Going concern risk: accumulated deficit and minimal cash raise substantial doubt about viability.
  • No revenue from operations; all income is interest from related-party loans.
  • High leverage: notes payable of $2.67M exceed total assets of $2.82M.
  • Related-party transactions concentrate credit risk.

Market Snapshot

Exchange
OTC
Sector
Services-Business Services, NEC

Documents Analyzed

This report is based on 8 SEC documents filed with EDGAR.

DocumentAccession Number
10-K/A Filing (Primary)0001493152-26-021683
Exhibit: ex31-1.htm0001493152-26-021683
Exhibit: ex31-2.htm0001493152-26-021683
Exhibit: ex32-2.htm0001493152-26-021683
Exhibit: ex32-1.htm0001493152-26-021683
Document: 0001493152-26-021683-index-headers.html0001493152-26-021683
Document: 0001493152-26-021683-index.html0001493152-26-021683
Document: 0001493152-26-021683.txt0001493152-26-021683

US Market Status

Market Closed — Opens Thu (11h 17m)

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