Organization and Business

SUPA Consolidated Inc., formerly known as Tribal Rides International Corp., a Nevada corporation (the “Company,” “we,” or “us”), was incorporated on May 19, 2014, as “Trimax Consulting, Inc.” On May 8, 2017, the Company changed its name to “Xinda International Corp.” On January 18, 2020, the Company changed its name to “Tribal Rides International Corp.” On October 23, 2025, the Company filed an Amendment to its Articles of Incorporation with the Nevada Secretary of State to change its name to “SUPA Consolidated Inc.” effective on the same date. The corporate action was reviewed and processed by FINRA, and on January 30, 2026, FINRA approved the name change and the corresponding ticker symbol change from “XNDA” to “SFCX” on the OTC Markets.

On December 31, 2024, the Company completed the sale of substantially all of its intellectual property and related intangible assets (the “Assets”) to Boumarang Inc. (“Boumarang”) pursuant to an Asset Purchase Agreement (the “APA”) for total consideration valued at $5,000,000, payable in 2,906,977 shares of Boumarang common stock. As a result of this transaction, the Company discontinued its historical business of developing transportation and autonomous ridesharing technologies and pivoted to the food technology sector.

Discontinued Operations

Following the sale of the historical IP assets to Boumarang on December 31, 2024, the Company has had no operating activity in the discontinued ridesharing/autonomous vehicle business. Accordingly, the prior year ridesharing operations have been classified as discontinued operations in periods through December 31, 2024. There was no income or loss from discontinued operations during the three and six months ended June 30, 2026, or the three and six months ended June 30, 2025.

Going Concern

These consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred recurring losses since inception and at June 30, 2026 had an accumulated deficit of $3,506,622 and a working capital deficit of $1,501,469. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date of issuance of these financial statements. The Company’s ability to continue as a going concern is dependent upon its ability to raise additional capital and ultimately generate sufficient revenue from operations. These consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from this uncertainty.