Hoops Scouting USA (HSCT) is a basketball technology company that operates a scouting website for high school players and owns the Grit mobile application, an on-demand digital training platform for basketball athletes. The company plans to generate revenue through small subscription fees from players and coaches, in-app and website sponsorships, and sale of basketball merchandise including jerseys, sweaters, and shorts. As of the 10-K filed January 13, 2026, the online merchandise store was not yet active and the company had not reported material revenue. The Grit app was acquired on February 17, 2023, via an asset purchase agreement with Grit Performance Athletics Inc., valued at $100,000 and paid in stock. As of June 30, 2025, the company carried an accumulated deficit of $311,837, a net loss of $20,118, a working capital deficit of $160,787, and total liabilities of $253,676. The auditor issued a going-concern qualification in the filing.
- Revenue model
- Planned revenue from small user subscription fees (players and coaches), sponsorship advertising on the website and app, and direct sale of basketball merchandise. No material revenue reported as of the fiscal year ended June 30, 2025.
- Products and services
- Hoops Scouting USA website for high school basketball player recruitment; Grit mobile application offering on-demand basketball training content including daily workouts, skill development programs, film breakdowns, live Zoom Q&A sessions, coaching interviews, and Basketball IQ seminars; planned merchandise line (jerseys, sweaters, shorts, online store not yet active as of filing date).
- Customers and end markets
- Basketball players from youth through professional levels seeking training content; high school players seeking post-secondary recruitment exposure; coaches seeking training resources.
- Value-chain role
- Direct-to-consumer digital content provider and training platform; sits between professional coaching expertise and amateur athletes seeking structured training programs.
- Geographic exposure
- No specific geographic revenue breakdown disclosed in the filing.
Source: SEC 10-K, filed 2026-01-13
Industry:
Services-Computer Processing & Data Preparation