Financial Performance - For the three months ended March 31, 2021, the company generated revenues of $1,527, an increase from $0 in the same period in 2020, primarily due to the relaunch of product placements on social media channels [157]. - Operating expenses for the three months ended March 31, 2021, were $303,275, an increase of 43.51% from $211,328 in the same period in 2020, driven by higher advertising and general administrative expenses [159]. - The company incurred a loss from operations of $301,748 for the three months ended March 31, 2021, compared to a loss of $211,328 in the same period in 2020, reflecting an increase of 42.79% [160]. - Net income (loss) available to common stockholders for the three months ended March 31, 2021, was a loss of $47,193,938, a significant improvement from a loss of $126,955,829 in the same period in 2020, representing a 62.83% reduction in losses [162]. Cash Flow and Liquidity - As of March 31, 2021, the company had cash of $204 and a working capital deficit of $63,249,469, raising substantial doubt about its ability to continue as a going concern [165]. - Net cash used in operations for the three months ended March 31, 2021, was $225,541, an increase from $109,352 in the same period in 2020, primarily due to a decrease in accounts payable [163]. - Net cash provided by financing activities for the three months ended March 31, 2021, was $224,260, compared to $109,082 in the same period in 2020, mainly from the issuance of preferred shares and non-convertible notes [164]. - The company has experienced net losses and negative cash flows from operations since inception and expects these conditions to continue for the foreseeable future, relying on additional capital to sustain operations [165]. Strategic Initiatives - The company plans to monetize its social media accounts, including a YouTube channel with 273,000 subscribers and an Instagram account with 378,000 followers, through product placements and sponsorships [152]. - The company is exploring strategic opportunities, including a letter of intent to acquire Empire Services, Inc., while discontinuing earlier acquisition plans with Herbfluence, Inc. [153].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number: 000-55431 MASSROOTS, INC. Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Sectio ...

Financial Performance - For the three months ended September 30, 2020, the company generated revenues of $2,316, a 154.7% increase from $909 in the same period in 2019, primarily due to the relaunch of product placements on its YouTube channel [142][143]. - Operating expenses for the three months ended September 30, 2020, were $208,238, down 81.4% from $1,122,617 in the same period in 2019, mainly due to reduced payroll and related expenses [142][144]. - The company reported a net income of $64,679,222 for the three months ended September 30, 2020, compared to a net loss of $23,550,345 in the same period in 2019, marking an increase of $88,229,567 [142][148]. - For the nine months ended September 30, 2020, revenues decreased to $2,316 from $23,658 in the same period in 2019, a decline of 90.2% due to service interruptions [149][150]. - Operating expenses for the nine months ended September 30, 2020, were $696,357, a decrease of 75.9% from $2,884,121 in the same period in 2019, attributed to lower stock-based compensation and payroll expenses [149][151]. - The company incurred a net loss of $142,405,892 for the nine months ended September 30, 2020, compared to a net loss of $94,457,638 in the same period in 2019, an increase of $47,948,254 [149][155]. Cash Flow and Financing - Net cash used in operations for the nine months ended September 30, 2020, was $717,062, a decrease of $672,150 from $1,389,212 in the same period in 2019 [156]. - Net cash provided by financing activities for the nine months ended September 30, 2020, was $716,592, a decrease from $1,271,300 in the same period of 2019 [158]. - As of September 30, 2020, the company had cash of $650 and a working capital deficit of $83,791,130 [159]. - Net cash used in operating activities during the nine months ended September 30, 2020, was $717,062, indicating ongoing negative cash flows from operations [159]. - The company has no committed source of financing and may need to consider additional financing options to support its operations and development plans [141]. - Management plans to obtain funding from new and current investors to alleviate the working capital deficiency and implement a revenue generation plan [160]. - The company’s ability to continue operations is dependent on obtaining additional capital through public or private equity offerings or debt financings [159]. - The company has contractual obligations that may require additional funds through equity or debt financings if operational funds are insufficient [164]. Operational Challenges - The company has experienced net losses since inception and expects these conditions to continue for the foreseeable future [159]. - The financial statements have been prepared under the assumption of the company continuing as a going concern for one year from the issuance date [161]. - The outcome of the company's plans to generate revenues cannot be determined with certainty [160]. - There are no off-balance sheet arrangements as of September 30, 2020 [162]. Audience and Monetization - The company has 920,000 opt-in email subscribers and over 265,000 subscribers on its YouTube channel, indicating a strong audience base for monetization efforts [132]. - The company is focusing on monetizing its existing media channels through product placements, display ads, and daily deals [134][135].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the transition period from ___________to ____________ Commission File Number 000-55431 | Delaware | 46-2612944 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number: 000-55431 MASSROOTS, INC. (Exact name of registrant as specified in its charter) | Delaware | 46-2612944 | | --- | --- | | (State o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the transition period from ___________to ____________ Commission File Number 000-55431 MASSROOTS, INC. (Exact name of business as specified in its charter) As of February 19, 2020, there were 463,046,405 shares ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION MASSROOTS, INC. Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 (Exact name of business as specified in its charter) For the transition period from ___________to ____________ Commission File Number 000-55431 | Delaware | 46-2612944 | | --- | --- | | (State or other j ...