WidFit Inc.
WidFit Inc. filed its 10-Q for the quarter ended September 30, 2026. Revenue was $18,926 for Q3 and $44,118 for the nine months, versus nil in the prior-year periods, while net losses were $988 and $11,702. Cash was $10,796, goodwill was $90,066, accumulated deficit was $84,874, and working capital deficit was $8,940.
- LHS was acquired December 1, 2025 for 20,000 shares, generating $90,066 of goodwill.
- Q3 revenue was $18,926 and nine-month revenue was $44,118 against nil prior-year periods.
- Q3 net loss was $988 and nine-month net loss was $11,702.
- Cash was $10,796 and working capital deficit was $8,940 at September 30, 2026.
- Disclosure controls and procedures were not effective as of September 30, 2026.
Price data unavailable.
A $90,066 goodwill acquisition produced only $44,118 in nine-month revenue, leaving going-concern doubt and ineffective disclosure controls.
WidFit operates in residential home services in Whatcom County, Washington through wholly owned LHS. It had no operations before the December 1, 2025 acquisition.
Substantial doubt about going concern exists within one year, citing $11,702 nine-month net loss and $84,874 accumulated deficit. Disclosure controls and procedures were ineffective as of September 30, 2026.
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