0001771995 2026-01-01 2026-06-30 0001771995 2026-08-13 0001771995 2026-06-30 0001771995 2025-12-31 0001771995 us-gaap:RelatedPartyMember 2026-06-30 0001771995 us-gaap:RelatedPartyMember 2025-12-31 0001771995 us-gaap:NonrelatedPartyMember 2026-06-30 0001771995 us-gaap:NonrelatedPartyMember 2025-12-31 0001771995 2026-04-01 2026-06-30 0001771995 2025-04-01 2025-06-30 0001771995 2025-01-01 2025-06-30 0001771995 us-gaap:CommonStockMember 2024-12-31 0001771995 us-gaap:PreferredStockMember 2024-12-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001771995 us-gaap:RetainedEarningsMember 2024-12-31 0001771995 2024-12-31 0001771995 us-gaap:CommonStockMember 2025-03-31 0001771995 us-gaap:PreferredStockMember 2025-03-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001771995 us-gaap:RetainedEarningsMember 2025-03-31 0001771995 2025-03-31 0001771995 us-gaap:CommonStockMember 2025-12-31 0001771995 us-gaap:PreferredStockMember 2025-12-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2025-12-31 0001771995 us-gaap:RetainedEarningsMember 2025-12-31 0001771995 us-gaap:CommonStockMember 2026-03-31 0001771995 us-gaap:PreferredStockMember 2026-03-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2026-03-31 0001771995 us-gaap:RetainedEarningsMember 2026-03-31 0001771995 2026-03-31 0001771995 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001771995 us-gaap:PreferredStockMember 2025-01-01 2025-03-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001771995 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001771995 2025-01-01 2025-03-31 0001771995 us-gaap:CommonStockMember 2025-04-01 2025-06-30 0001771995 us-gaap:PreferredStockMember 2025-04-01 2025-06-30 0001771995 us-gaap:AdditionalPaidInCapitalMember 2025-04-01 2025-06-30 0001771995 us-gaap:RetainedEarningsMember 2025-04-01 2025-06-30 0001771995 us-gaap:CommonStockMember 2026-01-01 2026-03-31 0001771995 us-gaap:PreferredStockMember 2026-01-01 2026-03-31 0001771995 us-gaap:AdditionalPaidInCapitalMember 2026-01-01 2026-03-31 0001771995 us-gaap:RetainedEarningsMember 2026-01-01 2026-03-31 0001771995 2026-01-01 2026-03-31 0001771995 us-gaap:CommonStockMember 2026-04-01 2026-06-30 0001771995 us-gaap:PreferredStockMember 2026-04-01 2026-06-30 0001771995 us-gaap:AdditionalPaidInCapitalMember 2026-04-01 2026-06-30 0001771995 us-gaap:RetainedEarningsMember 2026-04-01 2026-06-30 0001771995 us-gaap:CommonStockMember 2025-06-30 0001771995 us-gaap:PreferredStockMember 2025-06-30 0001771995 us-gaap:AdditionalPaidInCapitalMember 2025-06-30 0001771995 us-gaap:RetainedEarningsMember 2025-06-30 0001771995 2025-06-30 0001771995 us-gaap:CommonStockMember 2026-06-30 0001771995 us-gaap:PreferredStockMember 2026-06-30 0001771995 us-gaap:AdditionalPaidInCapitalMember 2026-06-30 0001771995 us-gaap:RetainedEarningsMember 2026-06-30 0001771995 APHP:CustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2025-01-01 2025-12-31 0001771995 APHP:CustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2022-11-30 0001771995 APHP:CashAssetManagementAgreementMember 2026-04-01 2026-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2025-04-01 2025-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2026-01-01 2026-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2025-01-01 2025-06-30 0001771995 2025-12-29 2025-12-29 0001771995 2025-12-29 0001771995 2026-06-30 2026-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2026-06-30 0001771995 APHP:CashAssetManagementAgreementMember 2025-12-31 0001771995 APHP:CollectionServiceFeesAgreementMember 2026-06-30 0001771995 APHP:CollectionServiceFeesAgreementMember 2025-12-31 0001771995 us-gaap:ConvertiblePreferredStockMember 2026-01-01 2026-06-30 0001771995 us-gaap:ConvertiblePreferredStockMember 2025-01-01 2025-12-31 0001771995 us-gaap:EmployeeStockOptionMember 2026-01-01 2026-06-30 0001771995 us-gaap:EmployeeStockOptionMember 2025-01-01 2025-12-31 0001771995 2025-01-01 2025-12-31 0001771995 srt:MinimumMember 2026-01-01 2026-06-30 0001771995 srt:MaximumMember 2026-01-01 2026-06-30 0001771995 APHP:SecuritiesPurchaseAgreementMember 2026-01-20 0001771995 APHP:SecuritiesPurchaseAgreementMember 2026-01-20 2026-01-20 0001771995 us-gaap:CommonStockMember 2026-01-01 2026-06-30 0001771995 us-gaap:SubsequentEventMember 2026-07-01 2026-08-13 0001771995 APHP:SecuritiesPurchaseAgreementMember APHP:QuickCapitalLLCMember 2026-04-17 0001771995 APHP:SecuritiesPurchaseAgreementMember APHP:QuickCapitalLLCMember 2026-04-17 2026-04-17 0001771995 us-gaap:CommonStockMember APHP:SecuritiesPurchaseAgreementMember APHP:QuickCapitalLLCMember 2026-01-01 2026-06-30 0001771995 us-gaap:CommonStockMember APHP:SecuritiesPurchaseAgreementMember APHP:QuickCapitalLLCMember 2026-06-30 0001771995 APHP:MrMacgregorMember 2026-04-01 2026-06-30 0001771995 APHP:MrMacgregorMember 2026-01-01 2026-06-30 0001771995 APHP:MrMacgregorMember APHP:MasterLoanAgreementMember 2026-06-30 0001771995 APHP:MrMacgregorMember APHP:MasterLoanAgreementMember 2026-01-01 2026-06-30 0001771995 APHP:MrMacgregorMember APHP:MasterLoanAgreementMember 2025-12-31 0001771995 APHP:MrMacgregorMember APHP:MasterLoanAgreementMember 2025-01-01 2025-12-31 0001771995 APHP:NoahMorganPrivateFamilyTrustMember APHP:MasterLoanAgreementMember 2026-06-30 0001771995 APHP:BarronsCoveMovieLLCMember APHP:SeniorMezzannineLoanAgreementMember 2026-01-01 2026-06-30 0001771995 APHP:BarronsCoveMovieLLCMember APHP:SeniorMezzannineLoanAgreementMember 2026-06-30 0001771995 APHP:BarronsCoveMovieLLCMember APHP:SeniorMezzannineLoanAgreementMember 2025-12-31 0001771995 APHP:BarronsCoveMovieLLCMember APHP:SeniorMezzannineLoanAgreementMember 2025-01-01 2025-12-31 0001771995 us-gaap:SeriesAPreferredStockMember 2026-06-30 0001771995 us-gaap:SeriesAPreferredStockMember 2025-12-31 0001771995 2026-08-31 0001771995 us-gaap:SeriesAPreferredStockMember 2026-08-13 0001771995 us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 APHP:Becky3MasterInvestmentMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 APHP:ThreeHoldersMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 APHP:SSSEntertainmentLLCMember 2026-01-01 2026-06-30 0001771995 APHP:SSSEntertainmentLLCMember 2026-06-30 0001771995 APHP:FourDesigneesMember 2026-01-01 2026-06-30 0001771995 APHP:Becky3MasterInvestmentMember us-gaap:SubsequentEventMember 2026-08-06 0001771995 us-gaap:SubsequentEventMember APHP:SSSEntertainmentLLCMember 2026-07-01 2026-07-02 0001771995 APHP:Becky3MasterInvestmentMember 2026-06-03 2026-06-03 0001771995 srt:MaximumMember APHP:Becky3MasterInvestmentMember 2026-06-03 2026-06-03 0001771995 APHP:Becky3MasterInvestmentMember 2026-06-03 0001771995 APHP:LegalFirmMember 2025-04-01 2025-06-30 0001771995 APHP:LegalFirmMember 2025-01-01 2025-06-30 0001771995 APHP:LegalFirmMember 2026-06-30 0001771995 APHP:LegalFirmMember 2025-12-31 0001771995 APHP:ConsultingServicesMember 2026-04-01 2026-06-30 0001771995 APHP:ConsultingServicesMember 2025-04-01 2025-06-30 0001771995 APHP:ConsultingServicesMember 2026-01-01 2026-06-30 0001771995 APHP:ConsultingServicesMember 2025-01-01 2025-06-30 0001771995 APHP:OTCQBMarketplaceMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 APHP:OTCQBMarketplaceMember us-gaap:SubsequentEventMember 2026-08-06 0001771995 us-gaap:SubsequentEventMember 2026-08-06 0001771995 APHP:FourDesigneesMember us-gaap:SubsequentEventMember 2026-07-01 2026-07-02 0001771995 us-gaap:SubsequentEventMember APHP:SSSEntertainmentLLCMember 2026-07-02 0001771995 APHP:TwoPurchasersMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 APHP:TwoPurchasersMember us-gaap:SubsequentEventMember 2026-08-06 0001771995 APHP:ThirdHolderMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 0001771995 srt:ScenarioForecastMember APHP:OTCQBMarketplaceMember 2026-07-01 2026-09-30 0001771995 APHP:PrincipalStockholderMember us-gaap:SubsequentEventMember 2026-08-06 2026-08-06 iso4217:USD shares iso4217:USD shares pure false --12-31 Q2 0001771995

10-Q true 2026-06-30 2026 false 000-56586 American Picture House Corporation WY 85-4154740 477 Madison Avenue, 6th Floor New York NY 10022 1-877 416-5558 Yes Yes Non-accelerated Filer true false false 114691925

124

121816

1150000

6681

28375

128497

1178499

1175000 300000

54250

42583

15750

27417

1319247

1505916

767

649128

655163

50000

35546

42200

5220 6086

287996

115000

519525

647209

519525

647209

97905

1646087

1613563

149900 149900

1795987

1763463

0.0001

1000000000

113761925

113399325

11376

11340

0.0001

1000000

3839

7580975

7557507

-8069091

-7826394

-476740

-257547

1319247

1505916

1220

56481

750406

169137

1225863

2204

1369

3786

1830

58685

751775

172923

1227693

-58685

-751775

-171703

-1227693

12773

8897

70994

21816

-12773

-8853

-70994

-21772

-71458

-760628

-242697

-1249465

-71458

-760628

-242697

-1249465

-0.00

-0.01

-0.00

-0.01

113563498

112421303

113662712

112410314

112399325

11240

3829

7264042

-7291954

-16672

256000

232995

-488837

112399325

11240

3819

7241037

-7780791

-528514

500000

109950

110000

73035

-760628

112899325

11290

3839

7424022

-8541419

-1106107

113399325

11340

3829

7557507

-7826394

-257547

200000

15980

16000

5754 1750

162600

7488

7504

-171239

113761925

11376

3829

7580975

-7997633

-405282

-71458

113761925

11376

3829

7580975

-8069091

-476740

-242697

-1249465

196200

150834

306030

110000

42642 5754 23504

11667

-1028184

-29674

-21694

14767

-4086

875000 1200 767 -21

-6035

248453

-6654

10523

-866 -4144

-51190

-244772

2626

259906

130310

15080

1050

203750

25000

51066

245876

-124

1104

124

1104

5754 23504

NOTE 1 – Organization and Description of Business American Picture House Corporation (the “Company,” “we,” “APHP,” and “us”) was incorporated in the State of Nevada on September 21, 2005, originally under the corporate name of Servinational, Inc. The Company subsequently changed its name to Shikisai International, Inc. in November 2005 and then to Life Design Station, Intl., Inc. in August 2007. The Company changed its state of domicile from Nevada to Wyoming on October 13, 2020. On December 4, 2020, the Company changed its name to American Picture House Corporation. The Company’s year-end is December 31. APHP is an entertainment company focused on the development, packaging, financing and production of feature films and limited series. During 2025, the Company pivoted away from third-party consulting to concentrate on internally developed projects and selective strategic partnerships. As of June 30, 2026, APHP’s project participation includes BARRON’S COVE, POSE, THIEVES HIGHWAY, PROTECTOR and MOTION. BARRON’S COVE, POSE and THIEVES HIGHWAY were released in 2025; PROTECTOR was released in U.S. theaters on March 6, 2026; THE LAST TEMPTATION OF BECKY (“BECKY III”) and MOTION both were in post-production. The Company had no employees as of June 30, 2026 and continued to rely on consultants and other independent contractors for corporate operations and project-level activities. The Company dissolved Devil’s Half-Acre, LLC and Ask Christine Productions, LLC on May 12, 2025.

NOTE 2 – Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP and pursuant to the rules and regulations of the Securities and Exchange Commission applicable to interim financial statements. In the opinion of management, the interim financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the interim periods presented. The results for the interim period are not necessarily indicative of the results to be expected for the full year ending December 31, 2026. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2025. Principles of Consolidation The condensed consolidated financial statements include the accounts of American Picture House Corporation and its wholly owned subsidiaries, Devil’s Half-Acre, LLC and Ask Christine Productions, LLC. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Cash and Cash Equivalents Cash equivalents are short-term highly liquid investments with original maturities of three months or less when acquired. Checks issued in excess of available bank balances are classified as a book overdraft within accounts payable and accrued expenses. Accounts Receivable Accounts receivable primarily consist of trade receivables due from customers for consulting services and from fees derived from licensing of IP to content providers worldwide. As of June 30, 2026, accounts receivable was related to the BUFFALOED CAMA (see Assigned Rights to feature film, BUFFALOED below) and collection service fees related to the Company’s contractual revenue collection rights to BARRON’S COVE. As of December 31, 2025, <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20251231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z0N4utFke8ib" title="Concentration risk, percentage">100% of accounts receivable were due from collection service fees related to the Company’s contractual revenue collection rights under Amendment No. 1, dated December 29, 2025, to the Company’s agreement relating to BARRON’S COVE. Under that amendment, the Company is entitled to receive <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zCITcsxxAKYd" title="Concentration risk, percentage">100% of Net Revenues until it has received an aggregate of $1,150,000 (the “APHP Priority Amount”). There was no bad debt expense for the three and six months ended June 30, 2026 and 2025 and no additional allowance for doubtful accounts for the periods ended June 30, 2026 and December 31, 2025. Schedule of Accounts Receivable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20260630_zlAsD7JJCmwh" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20251231_zjP4J6maRD16" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CashAssetManagementAgreementMember_zBAzSFiA44tl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts receivable, CAMA</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,220</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CollectionServiceFeesAgreementMember_zwIblMYQIgIe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Accounts receivable, Collection Service Fees</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">120,596</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,150,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsReceivableNetCurrent_iI_zWidtQJH9839" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Accounts receivable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">121,816</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,150,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> Produced and Licensed Content Costs Capitalized production costs, whether produced or acquired/licensed rights, include development costs, direct costs and production overhead, and are subject to impairment evaluation when events or circumstances indicate the carrying value may not be recoverable. These amounts and licensed content are included in “Produced and Licensed Content Costs” on the balance sheet as follows: Schedule of Produced and Licensed Content Costs <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260630_zFgUXkYa2xkj" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20251231_zcilPJ459s2j" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_ecustom--FilimsInDevelopmentAndPreproductionStage_iI_maPALCCzUdi_znE4gMTrTzOk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Films in development and pre-production stage</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,175,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">300,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--ProducedAndLicensedContentCost_iTI_mtPALCCzUdi_zFcLJkNXxCy8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Produced and licensed content cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,175,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">300,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> BUFFALOED. Completed; Released. In November 2022, the Company obtained certain limited rights to the feature film BUFFALOED from Bold Crayon, Inc. (“BC”), including a secured position of a one million three hundred eighty-thousand-dollar ($1,380,000.00 USD) receivable against the film’s revenues as per the film’s Cash Asset Management Agreement (“CAMA”) and a 35% share of the profits generated thereafter (“the BC Assets”). During the three months ended June 30, 2026 and 2025, the Company reported revenues of $0 and $0, respectively, from the CAMA. During the six months ended June 30, 2026 and 2025, the Company reported revenues of $1,220 and $0, respectively, from the CAMA. BARRON’S COVE. Completed; Released. APHP acquired a first-priority recoupment/loan position related to this title in August 2025. The film was released in the U.S. on June 6, 2025 by Well Go USA. As reported by the producer/sales agent, a three-year U.S. streaming license with Paramount+ was executed in early October 2025. BARRON’S COVE. Revenue collection and inter-party allocation. On December 29, 2025, the Company entered into Amendment No. 1 to its agreement with SSS Entertainment, LLC (“SSS”), which sets forth inter-party revenue collection and allocation mechanics for amounts actually received by the Company from exploitation of BARRON’S COVE. Under the amendment, the Company is entitled to receive 100% of Net Revenues until it has received an aggregate $1,150,000, after which Net Revenues are allocated 85% to SSS and 15% to the Company until SSS has received the specified recoupment amount, and thereafter 100% of subsequent Net Revenues are retained by the Company. The amendment further acknowledges uncertainty relating to bankruptcy proceedings involving Yale Entertainment LLC and the potential impact on enforcement, priority, or timing of collections. POSE. The Company’s POSE arrangement was restructured pursuant to the Multi-Film Investment and Compensation Agreement with SSS effective January 27, 2026. THIEVES HIGHWAY. Completed; Released. APHP earned an “In Association With” credit. PROTECTOR. Completed; Released. APHP earned an “In Association With” credit; PROTECTOR was released in U.S. theaters on March 6, 2026. LAST TEMPTATION OF BECKY. Completed; not yet released. On May 26, 2026, the Company entered into a Master Investment and Co-Production Agreement with Becky III The Movie LLC and Russell Posternak (executed June 3, 2026) relating to the motion picture The Last Temptation of Becky (referred to in the agreement as “BECKY 3”). Under the agreement, the Company is entitled to a $360,000 senior equity recoupment preference, a participation in distribution fees, and related co-production and credit rights, in consideration of 250,000 shares of common stock and options to purchase 300,000 shares of common stock at an exercise price of $0.20 per share. The shares and options were issued on August 6, 2026; accordingly, no amount attributable to this title is included in produced and licensed content costs at June 30, 2026. See Note 9 – Subsequent Events. The picture had its world premiere at the Fantasia International Film Festival in Montreal on July 25, 2026 and is to be distributed by Quiver Distribution. As of the date of this report, no theatrical release date had been announced and the Company had collected no amounts in respect of its senior equity recoupment preference. MOTION. In post-production. Pursuant to the Multi-Film Investment and Compensation Agreement with SSS Entertainment, LLC effective January 27, 2026, the Company agreed to provide a $500,000 funding amount relating to MOTION in exchange for an assigned economic interest attributable to such funding. The Company satisfied this funding obligation during the six months ended June 30, 2026 on a non-cash basis, and the related content interest is included in produced and licensed content costs at June 30, 2026. The Company is entitled to a production company credit pursuant to applicable agreements. As of the date of this report, no release date had been announced. Intangible assets The Company’s intangible assets include in-service and under-development websites and licensed internal use software. The capitalized costs of the Company’s websites placed into service were subject to straight-line amortization over a three-year period. Amortization expense totaled $5,833 and $5,833 for the three months ended June 30, 2026 and 2025, respectively. Amortization expense totaled $11,667 and $11,667 for the six months ended June 30, 2026 and 2025, respectively. Deferred Revenue Deferred revenue represents the amount billed to clients that has not yet been earned, pursuant to agreements entered into in current and prior periods. As of June 30, 2026 and December 31, 2025, total net deferred revenue was $50,000 and $50,000, respectively. The $50,000 in deferred revenue relates to the grant of a producer credit to a proposed film. Revenues and Costs from Services and Products The Company’s revenue is derived from contracts with customers for consulting services and from the licensing and distribution of film and other entertainment rights. The Company has elected the ASC 606 “as invoiced” practical expedient with respect to its consulting services revenue. Revenue from films and licensed rights, including amounts received under cash asset management arrangements, is recognized when collection is deemed probable; ultimate revenues are estimated over a period not to exceed ten years following the date of initial release of the motion picture. Cost of revenues includes only those costs directly related to the services rendered. Revenues totaled $0 and $0 for the three months ended June 30, 2026 and 2025, respectively, and $1,220 and $0 for the six months ended June 30, 2026 and 2025, respectively. All revenue recognized during the three and six months ended June 30, 2026 and 2025 was derived from film and licensed rights arrangements; the Company had no consulting services revenue in either period. Contract liabilities consist solely of deferred revenue as disclosed above; the Company had no contract assets at June 30, 2026 or December 31, 2025. Fair Value Measurements The Company measures and discloses fair value in accordance with ASC Topic 820, Fair Value Measurements and Disclosures. Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The three-tier fair-value hierarchy prioritizes the inputs used in measuring fair value: Level 1 – unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 – observable inputs other than quoted prices; and Level 3 – unobservable inputs. The carrying value of cash and cash equivalents and all other short-term monetary assets and liabilities are estimated to approximate their fair value due to the short-term nature of these instruments. Valuation of Long-Lived Assets The Company evaluates whether events or circumstances have occurred which indicate that the carrying amounts of long-lived assets (principally produced and licensed content costs) may be impaired or not recoverable, and measures impairment based on the projected discounted cash flows of the asset over its remaining life. Stock-Based Compensation The Company follows U.S. GAAP, which requires all stock-based compensation, including the grant of employee stock options, to be recognized in the statement of operations based on its fair value, recognized on a straight-line basis over the service period of each award. Refer to Note 6 for additional information. Income taxes The Company accounts for income taxes under FASB ASC 740. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, measured using enacted tax rates. A tax position must be more-likely-than-not to be sustained upon examination for the related benefit to be recognized. The Company assesses its uncertain tax positions quarterly. Net Loss Per Share Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share reflects the potential dilution from common stock equivalents only to the extent they are not anti-dilutive. For the three and six months ended June 30, 2026, potentially dilutive securities included Series A preferred shares and outstanding stock options. <p id="xdx_890_eus-gaap--ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_z6Tw1HgKUeEh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of Anti-dilutive Securities Excluded from Computation of Weighted Average Common Shares Outstanding <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Preferred Stock</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_zdHjWrfd1Xp9" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_z50AMwccCv33" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Stock options</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zXEPex3ftqB5" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,583,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zBcoNAhxpEa8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,833,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630_zxvcaB4XvUJ8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,483,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231_zRsx9vTgKxBe" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,733,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> In addition to the securities presented above, at June 30, 2026 the Company had outstanding convertible notes payable under which shares of common stock may be issued upon conversion. Because the conversion price is variable and is determined by reference to the market price of the Company’s common stock at the time of conversion, the number of shares issuable upon conversion is not determinable as of the reporting date and has therefore not been included in the table. The Company has reserved an initial 12,000,000 shares of common stock for potential issuance upon conversion of the notes, subject to adjustment in accordance with their terms. See Note 4. Segment Information The Company operates as one reportable segment. The Company’s Chief Executive Officer serves as the chief operating decision maker. Recently Issued Accounting Pronouncements Management has evaluated recently issued accounting pronouncements through the filing date of this Quarterly Report and determined that none are expected to have a material impact on the Company’s condensed consolidated financial statements, except as may be described in a finalized quarter-end memo.

Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP and pursuant to the rules and regulations of the Securities and Exchange Commission applicable to interim financial statements. In the opinion of management, the interim financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the interim periods presented. The results for the interim period are not necessarily indicative of the results to be expected for the full year ending December 31, 2026. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2025.

Principles of Consolidation The condensed consolidated financial statements include the accounts of American Picture House Corporation and its wholly owned subsidiaries, Devil’s Half-Acre, LLC and Ask Christine Productions, LLC. All intercompany balances and transactions have been eliminated in consolidation.

Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.

Cash and Cash Equivalents Cash equivalents are short-term highly liquid investments with original maturities of three months or less when acquired. Checks issued in excess of available bank balances are classified as a book overdraft within accounts payable and accrued expenses.

Accounts Receivable Accounts receivable primarily consist of trade receivables due from customers for consulting services and from fees derived from licensing of IP to content providers worldwide. As of June 30, 2026, accounts receivable was related to the BUFFALOED CAMA (see Assigned Rights to feature film, BUFFALOED below) and collection service fees related to the Company’s contractual revenue collection rights to BARRON’S COVE. As of December 31, 2025, <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20251231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z0N4utFke8ib" title="Concentration risk, percentage">100% of accounts receivable were due from collection service fees related to the Company’s contractual revenue collection rights under Amendment No. 1, dated December 29, 2025, to the Company’s agreement relating to BARRON’S COVE. Under that amendment, the Company is entitled to receive <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zCITcsxxAKYd" title="Concentration risk, percentage">100% of Net Revenues until it has received an aggregate of $1,150,000 (the “APHP Priority Amount”). There was no bad debt expense for the three and six months ended June 30, 2026 and 2025 and no additional allowance for doubtful accounts for the periods ended June 30, 2026 and December 31, 2025. Schedule of Accounts Receivable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20260630_zlAsD7JJCmwh" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20251231_zjP4J6maRD16" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CashAssetManagementAgreementMember_zBAzSFiA44tl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts receivable, CAMA</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,220</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CollectionServiceFeesAgreementMember_zwIblMYQIgIe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Accounts receivable, Collection Service Fees</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">120,596</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,150,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsReceivableNetCurrent_iI_zWidtQJH9839" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Accounts receivable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">121,816</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,150,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table>

1150000

Schedule of Accounts Receivable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20260630_zlAsD7JJCmwh" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20251231_zjP4J6maRD16" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CashAssetManagementAgreementMember_zBAzSFiA44tl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts receivable, CAMA</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,220</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccountsReceivableNetCurrent_iI_hus-gaap--TypeOfArrangementAxis__custom--CollectionServiceFeesAgreementMember_zwIblMYQIgIe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Accounts receivable, Collection Service Fees</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">120,596</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,150,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsReceivableNetCurrent_iI_zWidtQJH9839" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Accounts receivable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">121,816</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,150,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table>

1220

120596

1150000

121816

1150000

Produced and Licensed Content Costs Capitalized production costs, whether produced or acquired/licensed rights, include development costs, direct costs and production overhead, and are subject to impairment evaluation when events or circumstances indicate the carrying value may not be recoverable. These amounts and licensed content are included in “Produced and Licensed Content Costs” on the balance sheet as follows: Schedule of Produced and Licensed Content Costs <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260630_zFgUXkYa2xkj" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20251231_zcilPJ459s2j" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_ecustom--FilimsInDevelopmentAndPreproductionStage_iI_maPALCCzUdi_znE4gMTrTzOk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Films in development and pre-production stage</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,175,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">300,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--ProducedAndLicensedContentCost_iTI_mtPALCCzUdi_zFcLJkNXxCy8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Produced and licensed content cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,175,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">300,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> BUFFALOED. Completed; Released. In November 2022, the Company obtained certain limited rights to the feature film BUFFALOED from Bold Crayon, Inc. (“BC”), including a secured position of a one million three hundred eighty-thousand-dollar ($1,380,000.00 USD) receivable against the film’s revenues as per the film’s Cash Asset Management Agreement (“CAMA”) and a 35% share of the profits generated thereafter (“the BC Assets”). During the three months ended June 30, 2026 and 2025, the Company reported revenues of $0 and $0, respectively, from the CAMA. During the six months ended June 30, 2026 and 2025, the Company reported revenues of $1,220 and $0, respectively, from the CAMA. BARRON’S COVE. Completed; Released. APHP acquired a first-priority recoupment/loan position related to this title in August 2025. The film was released in the U.S. on June 6, 2025 by Well Go USA. As reported by the producer/sales agent, a three-year U.S. streaming license with Paramount+ was executed in early October 2025. BARRON’S COVE. Revenue collection and inter-party allocation. On December 29, 2025, the Company entered into Amendment No. 1 to its agreement with SSS Entertainment, LLC (“SSS”), which sets forth inter-party revenue collection and allocation mechanics for amounts actually received by the Company from exploitation of BARRON’S COVE. Under the amendment, the Company is entitled to receive 100% of Net Revenues until it has received an aggregate $1,150,000, after which Net Revenues are allocated 85% to SSS and 15% to the Company until SSS has received the specified recoupment amount, and thereafter 100% of subsequent Net Revenues are retained by the Company. The amendment further acknowledges uncertainty relating to bankruptcy proceedings involving Yale Entertainment LLC and the potential impact on enforcement, priority, or timing of collections. POSE. The Company’s POSE arrangement was restructured pursuant to the Multi-Film Investment and Compensation Agreement with SSS effective January 27, 2026. THIEVES HIGHWAY. Completed; Released. APHP earned an “In Association With” credit. PROTECTOR. Completed; Released. APHP earned an “In Association With” credit; PROTECTOR was released in U.S. theaters on March 6, 2026. LAST TEMPTATION OF BECKY. Completed; not yet released. On May 26, 2026, the Company entered into a Master Investment and Co-Production Agreement with Becky III The Movie LLC and Russell Posternak (executed June 3, 2026) relating to the motion picture The Last Temptation of Becky (referred to in the agreement as “BECKY 3”). Under the agreement, the Company is entitled to a $360,000 senior equity recoupment preference, a participation in distribution fees, and related co-production and credit rights, in consideration of 250,000 shares of common stock and options to purchase 300,000 shares of common stock at an exercise price of $0.20 per share. The shares and options were issued on August 6, 2026; accordingly, no amount attributable to this title is included in produced and licensed content costs at June 30, 2026. See Note 9 – Subsequent Events. The picture had its world premiere at the Fantasia International Film Festival in Montreal on July 25, 2026 and is to be distributed by Quiver Distribution. As of the date of this report, no theatrical release date had been announced and the Company had collected no amounts in respect of its senior equity recoupment preference. MOTION. In post-production. Pursuant to the Multi-Film Investment and Compensation Agreement with SSS Entertainment, LLC effective January 27, 2026, the Company agreed to provide a $500,000 funding amount relating to MOTION in exchange for an assigned economic interest attributable to such funding. The Company satisfied this funding obligation during the six months ended June 30, 2026 on a non-cash basis, and the related content interest is included in produced and licensed content costs at June 30, 2026. The Company is entitled to a production company credit pursuant to applicable agreements. As of the date of this report, no release date had been announced. Schedule of Produced and Licensed Content Costs <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260630_zFgUXkYa2xkj" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20251231_zcilPJ459s2j" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_ecustom--FilimsInDevelopmentAndPreproductionStage_iI_maPALCCzUdi_znE4gMTrTzOk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left; padding-bottom: 1pt">Films in development and pre-production stage</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">1,175,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 16%; text-align: right">300,000</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--ProducedAndLicensedContentCost_iTI_mtPALCCzUdi_zFcLJkNXxCy8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Produced and licensed content cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,175,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">300,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 1175000 300000 1175000 300000

1380000.00

0.35

1220

Under the amendment, the Company is entitled to receive 100% of Net Revenues until it has received an aggregate $

1150000

Intangible assets The Company’s intangible assets include in-service and under-development websites and licensed internal use software. The capitalized costs of the Company’s websites placed into service were subject to straight-line amortization over a three-year period. Amortization expense totaled $5,833 and $5,833 for the three months ended June 30, 2026 and 2025, respectively. Amortization expense totaled $11,667 and $11,667 for the six months ended June 30, 2026 and 2025, respectively.

5833

11667

Deferred Revenue Deferred revenue represents the amount billed to clients that has not yet been earned, pursuant to agreements entered into in current and prior periods. As of June 30, 2026 and December 31, 2025, total net deferred revenue was $50,000 and $50,000, respectively. The $50,000 in deferred revenue relates to the grant of a producer credit to a proposed film.

50000

Revenues and Costs from Services and Products The Company’s revenue is derived from contracts with customers for consulting services and from the licensing and distribution of film and other entertainment rights. The Company has elected the ASC 606 “as invoiced” practical expedient with respect to its consulting services revenue. Revenue from films and licensed rights, including amounts received under cash asset management arrangements, is recognized when collection is deemed probable; ultimate revenues are estimated over a period not to exceed ten years following the date of initial release of the motion picture. Cost of revenues includes only those costs directly related to the services rendered. Revenues totaled $0 and $0 for the three months ended June 30, 2026 and 2025, respectively, and $1,220 and $0 for the six months ended June 30, 2026 and 2025, respectively. All revenue recognized during the three and six months ended June 30, 2026 and 2025 was derived from film and licensed rights arrangements; the Company had no consulting services revenue in either period. Contract liabilities consist solely of deferred revenue as disclosed above; the Company had no contract assets at June 30, 2026 or December 31, 2025.

1220

Fair Value Measurements The Company measures and discloses fair value in accordance with ASC Topic 820, Fair Value Measurements and Disclosures. Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The three-tier fair-value hierarchy prioritizes the inputs used in measuring fair value: Level 1 – unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 – observable inputs other than quoted prices; and Level 3 – unobservable inputs. The carrying value of cash and cash equivalents and all other short-term monetary assets and liabilities are estimated to approximate their fair value due to the short-term nature of these instruments.

Valuation of Long-Lived Assets The Company evaluates whether events or circumstances have occurred which indicate that the carrying amounts of long-lived assets (principally produced and licensed content costs) may be impaired or not recoverable, and measures impairment based on the projected discounted cash flows of the asset over its remaining life.

Stock-Based Compensation The Company follows U.S. GAAP, which requires all stock-based compensation, including the grant of employee stock options, to be recognized in the statement of operations based on its fair value, recognized on a straight-line basis over the service period of each award. Refer to Note 6 for additional information.

Income taxes The Company accounts for income taxes under FASB ASC 740. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, measured using enacted tax rates. A tax position must be more-likely-than-not to be sustained upon examination for the related benefit to be recognized. The Company assesses its uncertain tax positions quarterly.

Net Loss Per Share Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share reflects the potential dilution from common stock equivalents only to the extent they are not anti-dilutive. For the three and six months ended June 30, 2026, potentially dilutive securities included Series A preferred shares and outstanding stock options. <p id="xdx_890_eus-gaap--ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_z6Tw1HgKUeEh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of Anti-dilutive Securities Excluded from Computation of Weighted Average Common Shares Outstanding <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Preferred Stock</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_zdHjWrfd1Xp9" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_z50AMwccCv33" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Stock options</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zXEPex3ftqB5" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,583,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zBcoNAhxpEa8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,833,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630_zxvcaB4XvUJ8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,483,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231_zRsx9vTgKxBe" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,733,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> In addition to the securities presented above, at June 30, 2026 the Company had outstanding convertible notes payable under which shares of common stock may be issued upon conversion. Because the conversion price is variable and is determined by reference to the market price of the Company’s common stock at the time of conversion, the number of shares issuable upon conversion is not determinable as of the reporting date and has therefore not been included in the table. The Company has reserved an initial 12,000,000 shares of common stock for potential issuance upon conversion of the notes, subject to adjustment in accordance with their terms. See Note 4.

<p id="xdx_890_eus-gaap--ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_z6Tw1HgKUeEh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of Anti-dilutive Securities Excluded from Computation of Weighted Average Common Shares Outstanding <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">June 30, 2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">December 31, 2025</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Preferred Stock</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_zdHjWrfd1Xp9" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--ConvertiblePreferredStockMember_z50AMwccCv33" style="width: 16%; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">383,900,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Stock options</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zXEPex3ftqB5" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,583,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zBcoNAhxpEa8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">3,833,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20260101__20260630_zxvcaB4XvUJ8" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,483,471</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20250101__20251231_zRsx9vTgKxBe" style="border-bottom: Black 1pt solid; text-align: right" title="Antidilutive securities excluded from computation of earnings per share, amount">387,733,471</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table>

383900000

3583471

3833471

387483471

387733471

12000000

Segment Information The Company operates as one reportable segment. The Company’s Chief Executive Officer serves as the chief operating decision maker.

Recently Issued Accounting Pronouncements Management has evaluated recently issued accounting pronouncements through the filing date of this Quarterly Report and determined that none are expected to have a material impact on the Company’s condensed consolidated financial statements, except as may be described in a finalized quarter-end memo.

NOTE 3 – Liquidity and Going Concern The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. As of June 30, 2026, the Company had a working capital deficit of approximately $1.5 million, an accumulated deficit of $8.1 million, and had no cash on hand and a book overdraft of $767. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. Management’s current plan to address these conditions includes continued project monetization efforts, borrowings from related parties or third parties, equity issuances or equity-linked financings, and disciplined management of operating expenditures. There can be no assurance that these efforts will be successful.

1500000

-8100000

767

NOTE 4 – Notes Payable Economic Injury Disaster Loan The Company’s EIDL obligation had a carrying value of $149,900 at June 30, 2026, with accrued interest of $5,220. The Company’s EIDL obligation had a carrying value of $149,900 at December 31, 2025, with accrued interest of $6,086. The loan bears interest at 3.75% per annum and is secured by substantially all of the Company’s tangible and intangible assets. Commercial Line of Credit The American Express line of credit balance was $97,905 at June 30, 2026 and $97,905 at December 31, 2025. Borrowings bear interest at rates ranging from approximately 16.09% to 34.3% and are personally guaranteed by Mr. MacGregor. Convertible note financing (Labrys Fund II) On January 20, 2026, the Company entered into a securities purchase agreement with Labrys Fund II, L.P. (“Labrys”) pursuant to which the Company issued a <span id="xdx_909_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20260120__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember_ztMTnrKoaR6k" title="Debt instrument, interest rate">10% promissory note in the aggregate principal amount of $172,500 (which includes an original issue discount of $22,500) in exchange for a cash purchase price of $150,000. The note has a twelve-month maturity from the issue date and contains conversion features subject to the note’s terms and limitations. As additional consideration, the Company agreed to issue <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesOther_c20260120__20260120__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember_zQLWnkV3pPC6" title="Number of common stock as commitment shares">200,000 shares of common stock as commitment shares. The purchase price was disbursed such that $114,000 was wired to the Company, $7,500 was paid to the placement agent (Enclave Capital LLC), $25,000 was directed to the investor for repayment of a portion of a prior promissory note, and $3,500 was withheld for the investor’s legal fees. There were no additional borrowings under this note during the quarter ended June 30, 2026. During the six months ended June 30, 2026, Labrys converted $7,504 of principal (and fees) into 162,000 shares of Common Stock at a conversion price of $0.04615 per share of Common Stock. There were no principal conversions during the quarter ended June 30, 2026. Subsequent to June 30, 2026, the 200,000 commitment shares issued in connection with the January 20, 2026 financing ceased to be held in restricted book-entry form with the Company’s transfer agent and became available for resale. Convertible note financing (Quick Capital, LLC) On April 17, 2026, the Company entered into a securities purchase agreement with Quick Capital, LLC (“Quick”) pursuant to which the Company issued a <span id="xdx_90F_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_ziSMkKxuZg34" title="Debt instrument, interest rate">12% promissory note in the aggregate principal amount of $<span id="xdx_901_eus-gaap--ConvertibleDebt_iI_c20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_zyYBxLQrpTH7" title="Aggregate principal amount">31,250 (which includes an original issue discount of $<span id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_z0c6TI8smj5c" title="Original issue discount">22,500) in exchange for a cash purchase price of $<span id="xdx_904_ecustom--DebtCashPurchasePrice_iI_c20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_z109EklKIhVe" title="Cash purchase price">23,000. The note has a twelve-month maturity from the issue date and contains conversion features subject to the note’s terms and limitations. The purchase price was disbursed such that $<span id="xdx_90D_eus-gaap--DebtInstrumentIssuedPrincipal_c20260417__20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_zBOsgSDEFRVc" title="Purchase price">23,000 was wired to the Company, $<span id="xdx_90E_eus-gaap--DebtInstrumentAnnualPrincipalPayment_iI_c20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_z7Q0FnLmXFCb" title="Payment to the placement agent">2,000 was paid to the placement agent (Enclave Capital LLC), and $<span id="xdx_906_eus-gaap--DebtInstrumentRepaidPrincipal_c20260417__20260417__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember_zh9NNKPc0KNj" title="Repayment to director">2,500 was withheld for the investor’s legal fees. During the six months ended June 30, 2026, Labrys converted $<span id="xdx_90A_eus-gaap--DebtConversionConvertedInstrumentAmount1_c20260101__20260630__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z1pYgl68O9Nf" title="Notes payable converted to Common Stock">7,504 of principal (and fees) into <span id="xdx_904_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20260101__20260630__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z4zdlDKZHlOk" title="Convertible shares of common stock">162,000 shares of Common Stock at a conversion price of $<span id="xdx_905_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20260630__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__dei--LegalEntityAxis__custom--QuickCapitalLLCMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zbrx6WiFcBLh" title="Conversion price">0.04615 per share of Common Stock. There was no principal conversions during the quarter ended June 30, 2026.

149900

5220

149900

6086

0.0375

97905

0.1609

0.343

0.10

172500

22500

150000

200000

114000

7500

25000

3500

7504

162000

0.04615

200000

0.12

31250

22500

23000

2000

2500

7504

162000

0.04615

NOTE 5 – Related Party Debt and Interest Note Payable – Mr. MacGregor During the three months ended June 30, 2026, the Company borrowed $2,626 from and repaid $17,973 of principal to Mr. MacGregor pursuant to a master loan agreement. During the six months ended June 30, 2026, the Company borrowed $2,626 from and repaid $130,310 of principal to Mr. MacGregor pursuant to a master loan agreement. The master note agreement accrues interest at a rate of <span id="xdx_905_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20260630__srt--TitleOfIndividualAxis__custom--MrMacgregorMember__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember_zCc8unqpTUp1" title="Debt instrument, accrued interest rate">4.4% due and payable in a lump sum upon maturity. This note is not convertible. As of June 30, 2026, the Company owed $<span id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_c20260630__srt--TitleOfIndividualAxis__custom--MrMacgregorMember__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember_zxiSenSRDLub" title="Principal amount">210,525 of principal and $<span id="xdx_908_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20260101__20260630__srt--TitleOfIndividualAxis__custom--MrMacgregorMember__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember_zWqxIgMTytZ7" title="Accrued interest">2,788 of accrued interest on this note. As of December 31, 2025, the Company owed $<span id="xdx_90A_eus-gaap--DebtInstrumentFaceAmount_iI_c20251231__srt--TitleOfIndividualAxis__custom--MrMacgregorMember__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember_z76HSHtbZQT7" title="Principal amount">338,209 of principal and $<span id="xdx_903_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20250101__20251231__srt--TitleOfIndividualAxis__custom--MrMacgregorMember__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember_z89msIhOts8k" title="Accrued interest">16,676 of accrued interest on this note. Noah Morgan Private Family Trust Loan Agreement (“NMPFT”) During the six months ended June 30, 2026, the Company did not borrow or repay any principal from the family trust. The master note agreement accrues interest at a rate of <span id="xdx_901_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20260630__us-gaap--TypeOfArrangementAxis__custom--MasterLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--NoahMorganPrivateFamilyTrustMember_z8aceW39VG99" title="Loan interest rate">4.4% due and payable in a lump sum upon maturity. This note is not convertible. $<span id="xdx_909_eus-gaap--ProceedsFromShortTermDebt_c20260101__20260630__us-gaap--TypeOfArrangementAxis__custom--SeniorMezzannineLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BarronsCoveMovieLLCMember_zQHZqrDA4wA6" title="Proceeds from short term debt">200,000 of these loan proceeds were used to fund the senior mezzanine loan to Barron’s Cove Movie, LLC. As of June 30, 2026, the Company owed $<span id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_c20260630__us-gaap--TypeOfArrangementAxis__custom--SeniorMezzannineLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BarronsCoveMovieLLCMember_zEd3CZyfoQ65" title="Principal amount">309,000 of principal and $<span id="xdx_904_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20260101__20260630__us-gaap--TypeOfArrangementAxis__custom--SeniorMezzannineLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BarronsCoveMovieLLCMember_zGeQPu3etf1b" title="Accrued interest">32,758 of accrued interest on this note. As of December 31, 2025, the Company owed $<span id="xdx_903_eus-gaap--DebtInstrumentFaceAmount_iI_c20251231__us-gaap--TypeOfArrangementAxis__custom--SeniorMezzannineLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BarronsCoveMovieLLCMember_zcDVRQQ5g9Ha" title="Principal amount">309,000 of principal and $<span id="xdx_905_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20250101__20251231__us-gaap--TypeOfArrangementAxis__custom--SeniorMezzannineLoanAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BarronsCoveMovieLLCMember_zkNLu107rlx7" title="Accrued interest">25,524 of accrued interest on this note.

2626

17973

2626

130310

0.044

210525

2788

338209

16676

0.044

200000

309000

32758

309000

25524

NOTE 6 – Equity and Stock-Based Compensation Authorized Capital. The Company has 1,000,000,000 common shares authorized and 1,000,000 preferred shares authorized, of which 100,000 are designated as Series A Convertible Preferred Stock. Common and Preferred Shares. As of June 30, 2026 and December 31, 2025, the Company had 113,761,925 and 113,399,325 common shares and 3,839 and 3,839 Series A preferred shares issued and outstanding. As of August 13, 2026, the Company had 114,691,925 common shares and 3,839 Series A preferred shares issued and outstanding. Share Issuances Subsequent to June 30, 2026. On August 6, 2026, the Company issued an aggregate of <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zv8yIs8p2Dvl" title="Number of shares issued common stock">930,000 shares of common stock, consisting of <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zRw5fq1jDTl2" title="Number of shares issued common stock">250,000 shares issued in connection with the BECKY 3 Master Investment and Co-Production Agreement described in Note 9. Additionally, <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThreeHoldersMember_zqkxmY0JJ8G5" title="Number of shares issued common stock">680,000 shares were issued to three holders as described in Note 9. All such shares were issued as restricted securities bearing customary restrictive legends. As of August 13, 2026, the Company had 114,691,925 shares of common stock issued and outstanding. Option grants to SSS Entertainment. The Multi-Film Investment and Compensation Agreement with SSS Entertainment, LLC contemplates the grant of nonqualified stock options to purchase an aggregate of <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260101__20260630__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_zTwB0jYkuqth" title="Number of stock options to purchase">2,500,000 shares of common stock at an exercise price of $<span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260630__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_zbSE9Wycylb6" title="Stock options exercise price">0.20 per share to Shaun Sanghani or his designees, assigns or nominees, subject to Board and/or committee approval, availability under the Company’s equity incentive plan, and execution of applicable award documentation. As of June 30, 2026, no such options had been granted, no grant date had been established for accounting purposes, and no compensation cost had been recognized. Effective July 1, 2026, the Board of Directors approved the grant of options to purchase an aggregate of <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260101__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--FourDesigneesMember_zLqM6Uv3n6Ve" title="Number of stock options to purchase">700,000 shares to four designees. The remaining <span id="xdx_902_ecustom--ShareBasedCompensationArrangementSharesNotBeeApprovedOrGranted_pid_c20260101__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--FourDesigneesMember_zMdAllTg4PJk" title="Number of stock options not been approved or granted">1,800,000 options contemplated by the agreement have not been approved or granted. See Note 9. Stock Options. As of June 30, 2026 and December 31, 2025, 3,583,471 and 3,833,471 stock options, respectively, remained outstanding and exercisable. On August 6, 2026, the Company granted options to purchase <span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_ztgtizESrJui" title="Number of stock options to purchase">300,000 shares of common stock at an exercise price of $<span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zbCo0vGJfZw6" title="Stock options exercise price">0.20 per share, with a term expiring May 26, 2028, in connection with the BECKY 3 Master Investment and Co-Production Agreement described in Note 9. Those options become exercisable only in proportion to the Company’s actual collection of its $<span id="xdx_90B_ecustom--SeniorEquityRecoupmentEntitlement_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zUPuL00eA7Ea" title="Senior equity recoupment entitlement">360,000 senior equity recoupment entitlement, at a ratio of one option share for each $<span id="xdx_90B_eus-gaap--SharePrice_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zXnvlC4xN3Fc" title="Share price">1.20 collected. No amounts had been collected as of the date of this report, and accordingly none of those options were exercisable. The Company also granted options to purchase an aggregate of <span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260701__20260702__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zPyh7bfbKwac" title="Number of stock options to purchase">700,000 shares of common stock effective July 1, 2026 to designees of SSS Entertainment, LLC. See Note 9.

1000000000

1000000

100000

113761925

113399325

3839

114691925

3839

930000

250000

680000

114691925

2500000

0.20

700000

1800000

3583471

3833471

300000

0.20

360000

1.20

700000

NOTE 7 – Commitments and Contingencies Legal Proceedings. The Company disclosed in its Annual Report on Form 10-K that demands for arbitration were submitted to JAMS in Jonathan Sanger v. American Picture House Corporation (JAMS Case No. 5220010741) and Michael Jones v. American Picture House Corporation (JAMS Case No. 5220010727), with JAMS advising that the Jones matter had been consolidated with the Sanger-caption matter. The Company disputes the claims asserted and reserves all rights, objections and defenses, including with respect to commencement, service and arbitrability. BECKY 3 Master Investment and Co-Production Agreement. Effective May 26, 2026, and executed on June 3, 2026, the Company entered into a Master Investment and Co-Production Agreement and related ancillary agreements with Russ Posternak and Becky III The Movie LLC with respect to the motion picture BECKY 3. The Company is not obligated to fund any cash under the agreement. The Company is treated for economic purposes as having made a $<span id="xdx_900_ecustom--SeniorEquityInvestment_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zGtuHmbB2pf6" title="Senior equity investment">300,000 senior equity investment in the picture, entitling it to recoup $<span id="xdx_904_ecustom--SeniorEquityRecoupmentEntitlement_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zxio5cVSb6i4" title="Senior equity recoupment entitlement">360,000 out of the picture waterfall on a senior equity basis, pari passu with up to $<span id="xdx_907_ecustom--SeniorEquityInvestment_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember__srt--RangeAxis__srt--MaximumMember_zgC3CKDpnyG5" title="Senior equity investment">300,000 of other senior equity, together with a distribution fee corridor participation, a participation in the producer’s future BECKY-related producer fees and backend, and an assignment of certain collateral recovery rights. As consideration, the Company agreed to issue <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zfGrCZ5o58g8" title="Number of shares issued common stock">250,000 shares of common stock and to grant two-year options to purchase <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zUQeY0tcqDc6" title="Number of stock options to purchase">300,000 shares of common stock at an exercise price of $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zQSqhjQ0RvZh" title="Stock options exercise price">0.20 per share, which options become exercisable proportionally as the Company collects its $<span id="xdx_907_ecustom--SeniorEquityRecoupmentEntitlement_pid_c20260603__20260603__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zT4xGIUpymyd" title="Senior equity recoupment entitlement">360,000 recoupment entitlement. At June 30, 2026, the Company’s obligation to issue those securities remained subject to approval by the Company’s Board of Directors and other conditions precedent, and accordingly no shares had been issued, no options had been granted, and no amounts had been recorded in the accompanying condensed consolidated financial statements. The conditions were satisfied on August 6, 2026. See Note 9.

300000 360000 300000

250000

300000

0.20

360000

NOTE 8 – Related Party Transactions The following is a summary of related party transactions for the three and six months ended June 30, 2026 and 2025: CEO salary waiver; standstill on preferred transfers/conversions. On December 31, 2025, Mr. MacGregor, the Company’s Chief Executive Officer and controlling stockholder, delivered a letter to the Company’s Board confirming that he is waiving any cash salary effective January 1, 2025 through March 31, 2026, unless the Board expressly approves otherwise in a written resolution executed after the date of the letter, and confirming a standstill on the sale, transfer, pledge, or conversion of his preferred shares during the same period. MacGregor has extended the salary waiver and preferred standstill until at least June 30, 2026. Professional fees / related party. During the three and six months ended June 30, 2025, the Company incurred approximately $45,000 and $90,000, respectively, of professional fees to a legal firm affiliated with a former member of the Company’s Board of Directors. No services were rendered by the legal firm during the first six months of 2026. At June 30, 2026 and December 31, 2025, the Company had approximately $<span id="xdx_901_eus-gaap--AccountsPayableAndAccruedLiabilitiesCurrent_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LegalFirmMember_zKgcDYnZwUyf" title="Accounts payable and accrued expenses">136,000 and $<span id="xdx_90B_eus-gaap--AccountsPayableAndAccruedLiabilitiesCurrent_iI_c20251231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LegalFirmMember_zuVi8d1z3tmg" title="Accounts payable and accrued expenses">146,000, respectively, included in accounts payable and accrued expenses owed to the legal firm. Board consulting arrangements. During the three months ended June 30, 2026 and 2025, the Company had consulting services relationships with members of the Board of Directors whereby they were compensated a total of $0 and $15,000, respectively. During the six months ended June 30, 2026 and 2025, the Company had consulting services relationships with members of the Board of Directors whereby they were compensated a total of $0 and $30,000, respectively. The consulting services were provided as requested by management and could be terminated at any time without penalty. Loans / Mr. MacGregor and family trust. See Note 5 for related-party note balances and activity. Director share purchase. Subsequent to June 30, 2026, a member of the Board of Directors purchased shares of the Company’s common stock from the Company for cash. See Note 9.

45000

90000

136000

146000

15000

30000

NOTE 9 – Subsequent Events Management has evaluated subsequent events through the date these condensed consolidated financial statements are issued. Professional fee discussions (Aldous PLLC). During the quarter ended June 30, 2026, the Company and Aldous PLLC engaged in discussions regarding outstanding professional fees and entered into a tolling and standstill agreement effective March 1, 2026. Draft settlement documentation, including a proposed settlement amount of $103,598.52, was circulated, but no final settlement agreement was executed during the quarter. BECKY 3, Board approval, share issuance and option grant. On August 6, 2026, the Company’s Board of Directors approved the Master Investment and Co-Production Agreement described in Note 7 and the issuance of securities thereunder. On the same date, the Company issued <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zkyiOfpuji48" title="Number of shares issued common stock">250,000 shares of common stock to the producer as consideration for the credits and branding rights granted to the Company, and granted options to purchase <span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zn0Rld4St9o6" title="Number of stock options to purchase">300,000 shares of common stock at an exercise price of $<span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zvRHHjQLFyg" title="Stock options exercise price">0.20 per share, with a two-year term expiring May 26, 2028. The options become exercisable in proportion to the Company’s actual collection of its $<span id="xdx_90B_ecustom--SeniorEquityRecoupmentEntitlement_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zuXmp3O6tnik" title="Senior equity recoupment entitlement">360,000 senior equity recoupment entitlement, at a ratio of one option share for each $<span id="xdx_90B_eus-gaap--SharePrice_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--Becky3MasterInvestmentMember_zSwfZzyc9Km9" title="Share price">1.20 collected, and are subject to a cashless exercise feature. The shares and options were issued and granted in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506(b) of Regulation D promulgated thereunder. The Company received no cash consideration and paid no cash in connection with the transaction. The <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zJ1dnjSLfvPc" title="Number of shares issued common stock">250,000 shares issued were measured at the closing price of the Company’s common stock on the OTCQB Marketplace on August 6, 2026 of $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zKEvtRKcktU7" title="Stock options exercise price">0.12 per share, resulting in aggregate consideration of $<span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zwN6fFLmzzN5" title="Aggregate consideration">30,000. That amount will be recognized as promotional expense in the third quarter of 2026. The Company’s determination of fair value for financial reporting purposes is made by the Company in accordance with U.S. GAAP. The <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zc8HrnFrvdn2" title="Number of options valued">300,000 options were valued using the Black-Scholes option pricing model, resulting in an aggregate grant date fair value of approximately $<span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zed4WuZZuOg6" title="Aggregate grant date fair value">14,000. The valuation used the following assumptions: a stock price of $0.12 per share, an exercise price of $<span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_za5kecE6m4O9" title="Exercise price">0.20 per share, an expected term of <span id="xdx_903_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zSGaNDcSI1Q1" title="Expected term">1.8 years, representing the remaining contractual term of the award, which the Company has elected to use as the expected term for nonemployee awards, expected volatility of <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_uPure_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z0Yau7WFkXU8" title="Expected volatility">100%, a risk-free interest rate of <span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zNuNVzgScOPd" title="Risk-free interest rate">4.2%, and no expected dividends. Because the options become exercisable only upon the Company’s collection of the senior equity recoupment entitlement, which management has assessed as a performance condition that is not currently probable of achievement, no expense has been recognized with respect to the options. Premiere of THE LAST TEMPTATION OF BECKY. On July 25, 2026, the motion picture referred to in the Master Investment and Co-Production Agreement as BECKY 3 had its world premiere at the Fantasia International Film Festival in Montreal. The picture is to be distributed by Quiver Distribution. As of the date of this report, no theatrical release date had been announced and the Company had collected no amounts in respect of its senior equity recoupment entitlement. Option grants to SSS Entertainment designees. Effective July 1, 2026, the Company granted nonqualified stock options to purchase an aggregate of <span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260701__20260702__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z1uBxF75lfud" title="Number of stock options to purchase">700,000 shares of common stock, consisting of <span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_pid_c20260701__20260702__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--FourDesigneesMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z5VKyLebrqjh" title="Number of stock options to purchase">175,000 options to each of four designees of SSS Entertainment, LLC, at an exercise price of $<span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260702__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zyfs6243QuXl" title="Stock options exercise price">0.20 per share, pursuant to the Multi-Film Investment and Compensation Agreement described in Note 2. The options expire January 27, 2028. The aggregate grant date fair value, determined using the Black-Scholes option pricing model, was approximately $<span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_c20260701__20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_z0YXbhTLsvub" title="Aggregate grant date fair value">29,000, which will be recognized in the third quarter of 2026. The valuation used the following assumptions: a stock price of $<span id="xdx_90F_eus-gaap--SharePrice_iI_pid_c20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_zzUWwKRte2N2" title="Stock price">0.12 per share, an exercise price of $<span id="xdx_900_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_pid_c20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_zvyUfu8DOWoj" title="Exercise price">0.20 per share, an expected term of <span id="xdx_907_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20260701__20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_zzh6ItNh44Pc" title="Expected term">1.6 years, representing the remaining contractual term of the award, expected volatility of <span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_uPure_c20260701__20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_z6xexp4Rfhh" title="Expected volatility">100%, a risk-free interest rate of <span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20260701__20260702__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember_z9J0kZLLOrBe" title="Risk-free interest rate">4.2%, and no expected dividends. The remaining <span id="xdx_900_ecustom--ShareBasedCompensationArrangementSharesNotBeeApprovedOrGranted_pid_c20260701__20260702__dei--LegalEntityAxis__custom--SSSEntertainmentLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_ztQF50SIf0ek" title="Number of stock options not been approved or granted">1,800,000 options contemplated by that agreement have not been approved by the Board of Directors and have not been granted; accordingly, no grant date has been established and no cost has been recognized with respect to them. Other share issuances. On August 6, 2026, in addition to the shares described above, the Company issued an aggregate of <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--TwoPurchasersMember_zyjEU4HOSGhf" title="Number of shares issued common stock">680,000 shares of common stock. Of that amount, <span id="xdx_905_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--TwoPurchasersMember_zjaOSZzKSA02" title="Number of sale of stock shares">600,000 shares were sold to two purchasers for cash at a price of $<span id="xdx_90C_eus-gaap--SaleOfStockPricePerShare_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--TwoPurchasersMember_zD4w4KFbGEjb" title="Sale of stock price per share">0.10 per share, for aggregate gross proceeds to the Company of $<span id="xdx_90B_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--TwoPurchasersMember_zSZORau3GI9i" title="Gross proceeds from sale of stocks">60,000, and <span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdHolderMember_zw84QRGc7Aej" title="Number of shares issued common stock">80,000 shares were issued to a third holder as compensation for services rendered to the Company. Of the shares sold for cash, <span id="xdx_903_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdHolderMember_zRSgxSpEeaf9" title="Number of sale of stock shares">500,000 shares, for aggregate proceeds of $<span id="xdx_90A_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdHolderMember_zhkSLDsBasEd" title="Gross proceeds from sale of stocks">50,000, were purchased by Timothy Battles, a member of the Company’s Board of Directors. The purchase price was approved by the Board of Directors with Mr. Battles abstaining and reflects a discount from the quoted closing price of the Company’s common stock on August 6, 2026 of $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zlUmDgecMUj1" title="Stock options exercise price">0.12 per share, determined by the Board to reflect the restricted nature of the shares, which are subject to a holding period under Rule 144 and bear customary restrictive legends. The shares issued for services were measured at the closing price of the Company’s common stock on the OTCQB Marketplace on August 6, 2026 of $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_iI_pid_c20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zNL524AXm7G8" title="Stock options exercise price">0.12 per share, resulting in a charge of $<span id="xdx_904_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20260701__20260930__srt--StatementScenarioAxis__srt--ScenarioForecastMember__us-gaap--StatementEquityComponentsAxis__custom--OTCQBMarketplaceMember_zxMU69VrMGY5" title="Aggregate consideration">9,600 that will be recognized in the third quarter of 2026. All of the shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506(b) of Regulation D promulgated thereunder, to purchasers who represented investment intent, in transactions not involving any general solicitation, and bear customary restrictive legends. Transfers by principal stockholder. On August 6, 2026, The Noah Morgan Private Family Trust, a principal stockholder of the Company affiliated with the Company’s Chief Executive Officer, transferred an aggregate of <span id="xdx_90B_ecustom--StockTransferredDuringPeriodShares_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PrincipalStockholderMember_zaw4mr7XclG5" title="Number of shares transferred">1,100,000 shares of common stock to unaffiliated transferees in privately negotiated transactions. The Company neither issued nor received any consideration in connection with these transfers, and they had no effect on the number of shares of common stock outstanding. Following the transfers, the trust held <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20260806__20260806__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PrincipalStockholderMember_zQGDMCyYPaFf" title="Number of shares issued common stock">20,036,048 shares of common stock.

103598.52

250000

300000

0.20

360000

1.20

250000

0.12

30000

300000

14000

0.12

0.20

P1Y9M18D

0.042

700000

175000

0.20

29000

0.12

0.20

P1Y7M6D

0.042

1800000

680000

600000

0.10

60000

80000

500000

50000

0.12

9600

1100000

20036048

false false false false false false