BMP AI Technologies, Inc. is a development-stage enterprise AI software company that reported no revenue for 2024 and 2025 while refocusing on its BMP AI platform for regulated, document-grounded use cases.
For 2025, it recorded a net loss of $264,354 and has accumulated deficits of $4,229,711. The balance sheet is weak, with $50,000 of intangible assets, no cash, current liabilities of $761,517, total liabilities of $807,517, and a stockholders’ deficit of $757,517. The auditor and management highlight substantial doubt about the company’s ability to continue as a going concern.
The company has undergone major restructuring, divesting its prior Multidoc.ai business, acquiring the BMP AI platform, and completing a 1-for-7,500 reverse split and cancellation of 24,000,000 common shares. As of early 2026, there were 51,783,583 common shares outstanding, with CEO Vighnesh Dobale controlling about 67.59%. The stock trades on the OTCQB as a penny stock, recently at $0.125 per share, and the company discloses material weaknesses in internal controls and dependence on a single executive.
BMP AI Technologies Inc. notified the SEC that it cannot timely file its Annual Report on Form 10-K for the period ended December 31, 2025 because additional time is required to complete the audit and finalize financial statement disclosures. The company expects to file within the 15 calendar day extension permitted by Rule 12b-25.
BMP AI Technologies, Inc. insider Vighnesh Harinarayan Dobale reports beneficial ownership of 35,000,000 shares of common stock, representing approximately 67.589% of the company’s outstanding common shares. He also owns 4,000,000 shares of Series A Preferred Stock, which are convertible and carry enhanced voting rights, giving him a total voting power of 74.57% when combined with his common stock.
Dobale acquired 50,000,000 common shares and 8,000,000 Series A Preferred shares in a private transaction on May 14, 2025, becoming the controlling shareholder. On May 19, 2025, the company purchased the BMP AI business from him in exchange for 5,000,000 restricted common shares, and on May 20, 2025, he became Chief Executive Officer and sole director. On August 5, 2025, he returned and cancelled 20,000,000 common shares and 4,000,000 Series A Preferred shares to adjust the capitalization table.
BMP AI Technologies, Inc. reported insider equity changes involving its chief executive officer, who is also a director and 10% owner. On May 19, 2025, the company acquired all rights to the BMP AI (formerly Nosha AI) business, including its intellectual property, software, code, and technology, and issued 5,000,000 shares of restricted common stock to the CEO as consideration. On August 5, 2025, the CEO voluntarily canceled 20,000,000 shares of common stock and 4,000,000 shares of Series A Preferred Stock to help improve the accuracy of the company’s capitalization table, reducing his reported beneficial ownership.
BMP AI Technologies, Inc. disclosed the holdings of a key insider. Vighnesh Dobale, who serves as Chief Executive Officer, director, and a 10% owner, reported beneficial ownership of 50,000,000 shares of common stock and 8,000,000 shares of Series A preferred stock. All reported securities are held directly in his name as of the event date of 05/14/2025. This filing indicates a large, concentrated ownership position by the company’s top executive.
Neuralbase AI Ltd. (NBBI) filed an amended quarterly report for the period ended June 30, 2025 to fix EDGAR formatting issues, including updating officer certifications and aligning the cash balance in the statement of cash flows with the balance sheet, without changing any underlying financial results.
The business generated no revenue for the three or six months ended June 30, 2025 or 2024. Net loss narrowed to $133,270 for the quarter and $154,667 for the first half of 2025, compared with losses of $730,207 and $767,231 in the prior-year periods, mainly because 2024 included a $720,000 loss on an acquisition of intangible assets that did not recur.
At June 30, 2025 the company reported no assets, total liabilities of $767,764, and a stockholders’ deficit of the same amount, alongside a going concern warning that highlights dependence on new financing. Common shares outstanding increased to 59,790,183, driven by the conversion of 1,000,000 Class A preferred shares into 50,000,000 common shares and the sale of 9,590,000 new common shares for $95,900 cash. Management also disclosed that disclosure controls and internal control over financial reporting were not effective due to limited resources and lack of segregation of duties.