Artisan Consumer Goods, Inc.
0.1700+0.00 (+0%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCPK · ARRT · USD
Key Stats
Market Cap
748.01KP/E (TTM)
-Basic EPS (TTM)
-0.01Dividend Yield
0%Recent Filings
8-K
Auditor dismissal amid doubts
Artisan Consumer Goods dismissed its auditor Fruci & Associates on August 29, 2025, after the board approved the move, with no disagreements on accounting or auditing matters. Fruci's prior reports flagged substantial going-concern doubts but issued clean opinions otherwise. The company swiftly engaged Aloba, Awomolo & Partners as replacement. This switch underscores ongoing viability concerns.
10-Q
Q3 FY2025 results
Artisan Consumer Goods posted a net loss of $33,046 for Q3 FY2025 ended March 31, 2025, widening 336% y/y from $7,577 while operating expenses climbed 284% y/y to $29,949, driven by higher professional fees for audit changes. No revenue materialized in the quarter or nine-month period, as stalled granola production persists without a new manufacturer. Cash edged up to $4,836 from $1,795 at FY2024 end, fueled by $30,000 in related-party loans, yet operating cash burn hit $26,959 over nine months. Stockholders' deficiency deepened to $320,604. No non-GAAP metrics disclosed in the 10-Q. Ongoing funding needs loom large.
10-Q
Q2 FY2025 results
Artisan Consumer Goods narrowed its net loss to $2,328 for Q2 FY2025 ended December 31, 2024, from $14,463 a year earlier, thanks to slashed professional fees and ended amortization, while YTD loss improved to $11,020 from $20,398. No revenue yet, as expired inventory lingers without a new manufacturer. Cash dipped to $438 after $11,357 in operating outflows, offset by $10,000 from related-party loans that now total $210,666 unsecured and demandable. Stockholders' deficiency widened slightly to $288,293. Operating cash burn eased 37% y/y (derived). Disclosure controls remain ineffective. Related-party loans keep it afloat. Competition in niche consumer goods could stall any restart.
8-K
Auditor change due to revocation
Artisan Consumer Goods dismissed its auditor Yusufali & Associates on November 11, 2024, after the SEC notified of the PCAOB's revocation of their registration. The board appointed Fruci & Associates II as the new auditor on January 28, 2025, to reaudit fiscal years 2023 and 2024 and review interim periods. Prior reports raised going concern doubts but contained no disagreements or reportable events. This switch ensures compliance amid regulatory pressure.
8-K
Auditor dismissed post-PCAOB revocation
Artisan Consumer Goods dismissed its auditor Yusufali & Associates effective November 11, 2024, after the PCAOB revoked the firm's registration, as approved by the board on November 19. Prior audit reports for fiscal years 2023 and 2024 raised substantial going concern doubts but contained no disagreements or reportable events on accounting or auditing matters. This shift ensures compliance amid regulatory action. Dismissal stems from external revocation.
IPO
Sector
Industry
ABVE
Above Food Ingredients Inc.
4.22-0.40
ADTI
Adapti, Inc.
1.61+0.06
BRLS
Borealis Foods Inc.
3.52+0.25
FARM
Farmer Brothers Company
1.71-0.04
GIS
General Mills, Inc.
46.57-1.48
K
Kellanova
83.02-0.07
KLG
WK Kellogg Co
23.00+0.00
LSF
Laird Superfood, Inc.
4.64-0.11
NPRFF
NEPRA FOODS INC.
0.09+0.01
RKDA
Arcadia Biosciences, Inc.
3.71-0.07