Loan Artificial Intelligence Corp. Reports Increased Losses and Financial Deterioration in Q3 2025

Loan Artificial Intelligence Corp., formerly known as Vestiage, Inc., has reported its financial results for the third quarter and the first nine months of 2025, revealing a continued lack of revenue generation. For the three months ending September 30, 2025, the company recorded a net loss of $32,641, compared to a net loss of $9,967 for the same period in 2024. Over the nine-month period, the net loss increased to $46,897 from $36,851 in the prior year. The company's operating expenses also rose significantly, totaling $32,641 for the third quarter of 2025, up from $9,967 in the same quarter of 2024, primarily due to increased professional fees and general administrative costs.

The company's financial position has deteriorated, with total liabilities increasing to $157,267 as of September 30, 2025, compared to $110,370 at the end of 2024. The stockholders' deficit also widened from $110,370 to $157,267 during the same period. The company has not generated any revenue since its inception and continues to rely on advances from related parties to fund its operations. As of September 30, 2025, the amount due to related parties was $110,636, up from $87,525 at the end of the previous year.

Strategically, Loan Artificial Intelligence Corp. has undergone significant changes, including a name change and a reverse stock split approved by shareholders in June 2025. The reverse stock split was executed on a 1-for-800 basis, effective October 30, 2025. This restructuring aims to enhance the company's market position and attract potential investors. Additionally, the company previously acquired Fun Fitness Corporation in December 2022 but disposed of it by returning its shares in December 2023, recognizing a gain of $7,748 on the transaction.

Operationally, the company remains in a developmental stage with no established revenue streams. The management has indicated that it is actively seeking suitable merger or acquisition candidates to enhance its business prospects. However, the lack of a functioning board of directors and the company's historical challenges raise concerns about its ability to execute its business plan effectively. The management has acknowledged the need for additional capital to support its operational and marketing activities, but the ability to raise such capital remains uncertain.

Looking ahead, Loan Artificial Intelligence Corp. faces substantial challenges as it attempts to establish a viable business model. The company has not yet identified definitive agreements for future operations and continues to incur losses. Management has expressed the intention to explore various business opportunities but has not provided a timeline for when it expects to implement a business plan. The ongoing reliance on related party financing underscores the precarious financial situation, and the company’s ability to continue as a going concern is in question.