For the quarter ending 2026-01-31.
| Income Statement | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | -67,467 |
| Gross profit | 0 | 0 | 0 | -67,467 |
| Boat expenses | - | - | - | 0* |
| Research and development | 0 | 0 | 6,126 | 464* |
| Labor | - | - | - | -4,473* |
| Consulting and accounting | 59,699 | 58,351 | 152,586 | 48,044 |
| General and administrative | 18,119 | 535,950 | 29,874 | 1,582,236 |
| Professional fees | 21,406 | 37,335 | 54,262 | -14,300 |
| Legal fees | 9,900 | 22,000 | 2,210 | -808 |
| Rent | 43,173 | 47,311 | 13,001 | 85,070 |
| Total operating expenses | 152,297 | 700,947 | 258,059 | 1,696,233 |
| Loss from operations | -152,297 | -700,947 | -258,059 | -1,763,700 |
| Financing fees | - | - | -100,312 | -78,693* |
| Bad debt expense | - | 0 | - | - |
| Credit loss expense | 0 | - | - | - |
| Gain on extinguishment of debt | 0 | 0 | 0 | 274,701.5* |
| Gain on extinguishment of debt | - | - | - | -187.5* |
| Amortization of debt discount | 90,979 | 156,249 | 192,792 | 114,470 |
| Fair value of warrants issued | - | - | - | 16,750* |
| Financing fees | -865 | 0 | - | - |
| Interest expense | 46,125 | 40,220 | 33,089 | 5,547 |
| Total other income (expense) | -137,969 | -196,469 | -326,193 | 59,429 |
| Net loss from continuing operations | -290,266 | -897,416 | -584,252 | -1,812,070* |
| Loss from operations of discontinued operations | 0 | 0 | 0 | -35,933 |
| Total discontinued operations | 0 | 0 | 0 | -35,933* |
| Loss before income taxes | 290,266 | 897,416 | 584,252 | 1,848,003 |
| Provision for income tax | 0 | 0 | 0 | 0 |
| Net loss | -290,266 | -897,416 | -584,252 | -1,848,003 |
| Deemed dividend | 0 | 0 | -117,629 | -82,913 |
| Net loss applicable to common stockholders | -290,266 | -897,416 | -701,881 | -1,930,916 |
NAPC Defense, Inc. (BLIS)
NAPC Defense, Inc. (BLIS)