Sparta Commercial Services, INC
Market Movers (8-K)
OQB
Sparta Commercial Services, Inc. issued 4.36 million non-qualified stock options to its CEO, VP of Operations, independent directors, and employees at an exercise price of $0.14 per share.
OQB
Sparta Commercial Services granted stock options to its CEO, VP of Operations, independent directors, and employees on February 5, 2025.
OQB
Sparta Commercial Services has granted stock options to its CEO, Vice President of Operations, independent directors, employees, and consultants, totaling 2,690,000 shares.
Quarterly Earnings (10-Q)
OQB
Sparta Commercial Services, Inc. reported a reduced net loss for the nine months ended January 31, 2026, driven by a 71% revenue increase, primarily from merchant financing, despite ongoing liquidity challenges and significant accumulated deficits.
Delay expected
Worse than expected
Capital raise
OQB
Sparta Commercial Services, Inc. reported a 119% revenue increase for the six months ended October 31, 2025, driven by merchant financing and wellness products, despite ongoing liquidity challenges and material weaknesses in internal controls.
Delay expected
Worse than expected
Capital raise
OQB
Sparta Commercial Services, Inc. reported a reduced net loss for Q1 2025, driven by significant revenue growth in merchant financing and wellness products, despite ongoing going concern issues and internal control weaknesses.
Delay expected
Better than expected
Capital raise
OQB
Sparta Commercial Services' Q3 2025 results show revenue growth driven by merchant financing and wellness products, but the company continues to face substantial operating losses and is actively seeking additional financing.
Capital raise
Worse than expected
OQB
Sparta Commercial Services reported increased net losses for the quarter ended October 31, 2024, despite a shift in revenue streams and ongoing efforts to secure additional financing.
Worse than expected
Capital raise
OQB
Sparta Commercial Services reported a net loss of $964,516 for the quarter ended July 31, 2024, a significant increase compared to the $208,634 loss in the same period last year, alongside a decrease in revenue.
Worse than expected
Capital raise
Annual Reports (10-K)
OQB
Sparta Commercial Services, Inc. reported a significant increase in net loss and accumulated deficit for fiscal year 2025, prompting auditors to express substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
OQB
Sparta Commercial Services reports a decrease in revenue and a net loss for fiscal year 2024, while navigating strategic changes and financial challenges.
Capital raise
Worse than expected
Insider Trading (Form 4)
OQB
SPARTA Commercial Services Director Jeffrey Buchanan Bean acquired 73,000 shares of common stock at $0.09 per share, increasing his beneficial ownership.
OQB
SPARTA COMMERCIAL SERVICES, INC. Director and 10% Owner Jeffrey Buchanan Bean acquired 350,000 non-qualified stock options at $0.14 per share.
OQB
SPARTA COMMERCIAL SERVICES, INC. Director Kristian Srb received a grant of 350,000 non-qualified stock options with an exercise price of $0.14, vesting over three years.
OQB
SPARTA Commercial Services, Inc. granted 1.1 million non-qualified stock options to Vice President Operations Sandra L. Ahman, exercisable at $0.14 per share, under a 10b5-1 plan.
OQB
Sparta Commercial Services CEO Anthony L. Havens was granted 2.5 million non-qualified stock options with a $0.14 exercise price, vesting over three years.
OQB
Jeffrey Buchanan Bean, a director of Sparta Commercial Services, Inc., purchased 2,500 shares of common stock at $0.29 per share on February 20, 2025.