{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-000093","form_type":"8-K","ticker":"AAPI","cik":"0001134982","company_name":"Apple iSports Group, Inc.","filed_at":"2025-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.015009+00:00","generated_at":"2026-05-28T07:49:22.231761+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Apple iSports Group restates Q2 2024 financials; share count off by 520,000, expenses understated by $80K","bullets":["Previously issued June 30, 2024 10-Q can no longer be relied upon due to accounting errors.","Share count incorrectly stated as 207,964,211; actual was 208,484,211 (520,000-share understatement).","Corporate expenses for the six months ended June 30 were $280,609 reported vs $360,609 actual; three-month expense was $141,617 vs $221,617.","Error originated from a private placement repricing at $0.25/share, requiring 320,000 additional shares and increasing net loss by $80,000.","Management discussed restatement with current independent auditor; conclusion reached on December 27, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-000093","json":"https://secwatch.observer/filing/0001477932-25-000093.json","markdown":"https://secwatch.observer/filing/0001477932-25-000093.md","text":"https://secwatch.observer/filing/0001477932-25-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1134982/000147793225000093/0001477932-25-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1134982/000147793225000093/aapi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T07:49:22.231761+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7212f65f39ff6d4ab80b8091b30822ebc7e341ce","claim":"Apple iSports Group, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"the Company’s management concluded that the Company's Previously Issued Financial Statements should be restated and no longer relied upon due to the Company not appropriately accounting for the total number of common shares outstanding and the amount of corporate expenses.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1134982/000147793225000093/0001477932-25-000093-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}