Net loss for the six months totaled $194,536 versus $205,262 a year earlier. Quarterly loss was $92,466.
Cash stood at $0 at both June 30, 2026 and December 31, 2025. All expenses were funded by related-party advances.
Total liabilities reached $6,266,657, including $1,767,796 accounts payable, $2,223,246 related-party payables, $844,428 notes payable to Mirabella Holdings, LLC, and $1,431,187 accrued interest.
Common stock outstanding remained 2,458,590 shares. No new equity issued.
The company is a Utah shell incorporated in 1938 with no operations since 1997. It continues to accrue 10% interest on Mirabella advances and management fees under the Richland, Gordon & Company agreement, both payable only upon a future acquisition or financing.
No subsequent events disclosed through filing date.
Pulse Impact
- Previous Pulse: 35
- New Pulse: 34
- Change: –1
- Driver: 10-Q read as a slower or weaker beat, so Pulse fell.
ATLANTICA INC Form 10-Q (2026-08-14)
Not investment advice. Facts taken from the company’s Form 10-Q.