Atlantica Inc. remains a non-operating shell company with no assets, no cash and total liabilities of $6,174,191 as of March 31, 2026. This results in a total stockholders’ deficit of $6,174,191 and raises substantial doubt about its ability to continue as a going concern.
The company reported a Q1 2026 net loss of $102,071, driven by $49,258 of general and administrative costs and $52,813 of interest expense on related-party debt. Atlantica is fully reliant on majority shareholder Mirabella Holdings for funding via a 10% demand note, while 2,458,590 common shares remain outstanding.
Atlantica, Inc. filed its Annual Report describing a shell company with no revenues, no assets and an accumulated deficit of $6,197,822 as of December 31, 2025. The company reported a 2025 net loss of $424,290 and a stockholders’ deficit of $6,072,120, driven by general, administrative and interest expenses.
All operating costs are funded by majority stockholder Mirabella Holdings, LLC through a demand note that reached principal of $812,197 and accrued interest of $1,324,604. Auditors highlighted substantial doubt about Atlantica’s ability to continue as a going concern. Management’s plan is to seek a merger or acquisition, but there is no active business and no cash.
Atlantica, Inc. (ALDA) filed its Q3 2025 10‑Q, reporting no operations and no revenue. The company recorded a net loss of $124,199 for the quarter (vs. $84,885 a year ago) and a nine‑month net loss of $329,461 (vs. $309,498). General and administrative expenses were $73,625 in Q3 (vs. $40,146), and interest expense was $50,574 in Q3 and $146,398 year‑to‑date.
Atlantica reported $0 cash and $5,977,291 in total current liabilities, resulting in a stockholders’ deficit of $5,977,291. Related‑party borrowings from its majority shareholder Mirabella Holdings totaled $807,982 (note payable), with accrued related‑party interest of $1,272,667. The filing states these conditions “raise substantial doubt” about continuing as a going concern.
The company is a shell seeking a merger or acquisition. Management fees of $30,000 per quarter accrue under a services agreement, payable upon a future financing or acquisition. Shares outstanding were 2,458,590 as of November 12, 2025.