Agassi Sports net loss widens to $2.51 million in Q1 FY26

ALL AMERICAN SPORTPARK INC

ALL AMERICAN SPORTPARK INC

AASP

0.00
  • Agassi Sports Entertainment posted a net loss of USD 2.51 million for the quarter ended March 31, 2026, widening from USD 1.67 million a year earlier.
  • General and administrative expense rose to USD 2.51 million from USD 1.67 million, driven by higher amounts paid under agreements with IBM.
  • Working capital swung to a deficit of USD 873,810 from USD 1,975 at Dec. 31 as current liabilities climbed to USD 1.19 million from USD 494,400.
  • Net cash used in operating activities increased to USD 417,620 from USD 247,761, while financing inflows totaled USD 650,000 on share issuance.
  • Platform “Agassi Intelligence” remained in beta with launch targeted by end of Q2 2026, while an app launch is anticipated in Q3 or Q4 2026.


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. Agassi Sports Entertainment Corp. 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: 0001472375-26-000143), on May 13, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.