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Agassi Sports Entertainment Corp.

For the period ended Mar 31, 2026. Filed May 13, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 13, 2026

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Condensed Statements of Cash Flows

(Unaudited)

For the three months ended
March,
2026 · 2025
Cash flows from operating activities:
Net loss$(2,510,314)$(1,665,246)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization5,634496
Stock-based compensation expense981,4551,440,777
Changes in operating assets and liabilities:
Prepaid expenses and other current assets399,429(112)
Accounts payable and accrued expenses706,17623,676
Net cash used in operating activities(417,620)(247,761)
Cash flows from investing activities:
Purchase of property and equipment(11,139)-
Net cash used in investing activities(11,139)-
Cash flows from financing activities:
Proceeds from shares issued650,000-
Net cash provided by financing activities650,000-
Net change in cash and cash equivalents221,241(247,761)
Cash and cash equivalents at beginning of year95,7482319,242
Cash and cash equivalents at end of year$316,989$2,071,481
Supplemental disclosure of non-cash financing activities:
Conversion of note payable and accrued interest into common stock$8,579$-

The accompanying notes are an integral part of these unaudited condensed financial statements.****

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.