Hoops Scouting Usa is a development stage company that has not yet generated revenue and incurs primarily general and administrative, professional, and transfer agent expenses. As of December 31, 2025, the company held a cash balance of $98 and total assets of $76,967, while total liabilities amounted to $286,775, producing a working capital deficit of $193,808 and an accumulated deficit of $344,858. Its operations are limited to maintaining corporate compliance and seeking potential business opportunities. The financial statements are prepared in United States dollars using the accrual method of accounting in conformity with US GAAP, and the company has elected to use the extended transition period for complying with new or revised accounting standards under the JOBS Act. During the period ended December 31, 2025, the company did not issue any common shares.

The company has not generated any revenue to date, thus it does not have any products, services, or customer relationships that produce income. During the three months ended December 31, 2025, operating expenditures totaled $21,553, consisting of general and administrative, professional, and transfer agent fees. For the six months ended December 31, 2025, operating expenditures were $33,021, and cash used in operating activities was $(29,463). Financing activities during the same period included $29,541 in proceeds from a related party. The company’s liquidity and capital resources are constrained, as evidenced by a working capital deficit and reliance on related party funding to sustain operations. Trends indicate that there is no assurance the company will be able to generate cash flows from its operations, and the outcome of these matters raises substantial doubt about its ability to continue as a going concern.

The company has no revenue-generating operations and therefore does not hold a position within any specific industry or compete against peers. It reports no significant off balance sheet arrangements and states that the effect of inflation on its results has not been significant. Lacking competitive advantages derived from operations, the company depends on external financing to support its activities and address its working capital deficit. The continuation of the company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from its future business. These factors raise substantial doubt regarding the company’s ability to continue as a going concern.

The company currently serves no customers due to the absence of revenue-generating activities; consequently, there are no specific customer names to report. The business model remains under development, and the company has not identified any target market or customer segments for future offerings. Any future revenue would depend on the successful launch of services that meet market demand, which has not yet been realized.