Bravalo Corp
Bravalo Corporation, a Wyoming-incorporated AI software developer (HeadLab API), filed its Q3 FY2026 10-Q. The company generated its first revenue of $41,200 from subscription fees after launching sales in July 2026, versus zero in the prior-year period. Net income was $11,347 for the quarter, but the nine-month period showed a net loss of $16,921. Management disclosed substantial doubt about the company's ability to continue as a going concern, citing $13,109 in cash and a $61,805 working capital deficit.
- First revenue of $41,200 from HeadLab API subscriptions, sales commencing July 2026.
- Q3 net income of $11,347; nine-month net loss of $16,921.
- Going-concern doubt: $13,109 cash and $61,805 working capital deficit as of September 30, 2026.
- Related-party loan payable of $91,014.
- Intangible assets of $48,456 net, from capitalized software/website/API development costs.
Price data unavailable.
A first-revenue milestone is offset by an explicit going-concern warning and reliance on a related-party loan to stay funded.
Early-stage AI software microcap with a single officer/director and no full-time employees, typical of pre-revenue-to-first-revenue transition companies.
Going-concern doubt is unalleviated; the company cannot assure its Proposed Public Offering will succeed. It relies on a related-party loan and has no full-time employees beyond its sole officer/director.