LataMed AI Corp., formerly known as Catalyst Crew Technologies Corp., reported a net loss of $52,813 for the three months ending March 31, 2026, compared to a net loss of $24,455 for the same period in 2025. The company did not generate any revenue during this quarter, maintaining a consistent trend from the previous year. Operating expenses increased significantly to $43,384, up from $15,967 in the prior year, primarily due to higher professional fees. The company's total assets stood at $7,824,000, with current liabilities amounting to $683,673, resulting in a working capital deficit of $683,673, slightly higher than the $630,860 deficit reported at the end of 2025.
The company underwent significant strategic changes during the quarter, including a shift towards artificial intelligence-enabled healthcare technology solutions. On February 17, 2026, LataMed AI Corp. entered into an Asset Purchase Agreement to acquire proprietary healthcare technology assets, which are intended to support data-driven healthcare analytics and telehealth services. This acquisition involved issuing 12,000,000 shares of common stock valued at $7,932,000. Additionally, the company established a wholly-owned subsidiary in Venezuela, Inversiones Long 33, C.A., to facilitate its operations in Latin America.
In terms of operational metrics, LataMed AI Corp. reported no revenue and a consistent user engagement level, as indicated by the absence of customer counts or usage statistics. The company’s employee headcount remains unspecified, but the management team has seen changes, including the appointment of Kevin Rodan Levy as CEO and the recent appointment of Carlos Peña as CFO. The company’s strategic focus on healthcare technology is expected to drive future growth, although it currently faces challenges in funding and operational sustainability.
The financial outlook for LataMed AI Corp. remains uncertain, as the company has expressed substantial doubt about its ability to continue as a going concern. The accumulated deficit reached $29,653,599 as of March 31, 2026, and the company has indicated that it is entirely dependent on external funding sources to support its operations. Management plans to seek additional financing through private equity offerings, but there is no assurance that such funding will be secured. The company’s ability to execute its strategic initiatives will largely depend on its success in raising capital and managing its operational expenditures effectively.
About LataMed AI Corp.
Catalyst Crew Technologies Corp. is a development-stage company focused on facial recognition technology (FRT). It develops AI-driven biometric systems for security, access control, and identity verification across industries such as retail, healthcare, finance, and hospitality. The company aims to provide accurate, ethical, and regulatory-compliant solutions to enhance security, streamline operations, and enable contactless interactions worldwide.
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