• AppSoft Technologies posted a net loss of $20,449 for the quarter ended March 31, 2026, narrowing from a loss of $25,594 a year earlier.
• Operating expenses fell to $20,449 from $25,594, while the company generated no revenue in both periods.
• Working capital deficit widened to $47,083 as of March 31, 2026 from $45,734 at Dec. 31, 2025, with no cash on hand.
• Borrowings rose by $19,100 during the quarter under a $400,000 drawdown promissory note at 2% interest due Dec. 31, 2027; $56,777 remained available as of quarter-end.
• AppSoft said it introduced AI Profit Lab over the past 12 months but has not generated revenue from the business line, while discontinuing Esportsreporter and Gamerfy services and halting promotion of its apps library due to resource constraints.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AppSoft Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003350), on May 20, 2026, and is solely responsible for the information contained therein.