Nightfood Holdings acquisition target Victorville Treasure shows going concern, net loss of $1.0M in 2024

NightFood Holdings, Inc.

Net loss of $1,013,997 for year ended Dec 31, 2024; negative operating cash flow of $775,027.
Members' deficit of $6.55M and working capital deficit of $1.59M; cash only $60,017 as of Dec 31, 2024.
Auditor's report includes going concern emphasis; recurring losses raise substantial doubt about ability to continue.
Acquired by Nightfood on Aug 27, 2025 for 216,667 Series C Preferred shares valued at $39M, plus up to $7.1M contingent.

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