WBSR
Webstar Technology Group, Inc.0.0680
+0.0180+36%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
27.49MP/E (TTM)
-Basic EPS (TTM)
-0.01Dividend Yield
0%Recent Filings
8-K
Blockchain deal for project tokenization
Webstar's affiliate Forge Atlanta Asset Management signed an Exchange Licensing Agreement with Torch on February 3, 2026, securing blockchain infrastructure for potential tokenization of Forge Atlanta project interests using ERC-3643 standards. Torch handles exchange tech and compliance tools; affiliates manage regulatory filings. No guarantees on timing or approvals. Forward-looking plans carry regulatory risks.
8-K
Closed $34.5M land acquisition
10-Q
Q3 FY2025 results
Webstar posted Q3 losses of $209,960, up from $41,578 y/y yet far milder than YTD's $363,736 versus $4.5M last year, driven by G&A expenses jumping 377% q/q to $102,852 from consulting and professional fees while prior-year settlements inflated other expense. No revenue yet, but cash climbed to $7,789 on $754K financing inflows funding Forge Atlanta deposits—$400K escrow, $115K project-related—toward a $33M LOI closing November 25, 2025. Debt piled to $1.9M current liabilities including $1M related-party convertible note (due on demand, 8% rate). Stockholders' deficit widened to $1.3M. Forge Atlanta delays risk earnest money forfeiture.
10-Q
Q2 FY2025 results
Webstar posted Q2 FY2025 operating loss of $66K, down 58% y/y from $158K as G&A trimmed sharply; six-month net loss shrank to $154K from $4.4M, thanks to no repeat of prior settlement charges. Cash burn eased to $129K (six months), ending at $5.6K after $100K Forge Atlanta deposits and $209K financing inflows via notes. Debt sits at $1.25M current, including $1M related-party convertible at 8%. Forge Atlanta eyes $33M land buy, closing November 2025. Losses reconcile; anti-dilution flags 100M shares. Cash won't last. Material weaknesses persist in controls.
10-Q
Q1 FY2025 results
Webstar Technology Group posted a narrower Q1 operating loss of $41,378, down 80% y/y from $204,941 as salaries vanished post-related-party liability cleanup, while interest expense held at $20,000—net loss shrank to $61,378. Cash ticked to $259 on $31,580 financing inflows matching $31,341 ops burn; balance sheet shows $1.15M liabilities led by $1M related-party convertible note (due on demand, 8% rate). No revenue yet in real estate pivot, but Forge Atlanta SPV eyes $33M land buy. Shares outstanding fell to 400M after 2M cancellation. Material weaknesses persist in controls. Going concern doubts loom large.
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