Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 249

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 8
Chunk 249
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iski 1, Rehovot, Israel 7623101, and our telephone number is +13072220096.

NOTE 2 – GOING CONCERN

The accompanying financial statements have been
prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”), which contemplate
continuation of the Company as a going concern. The Company has an accumulated deficit of $82,736 as of April 30, 2025. The Company currently
has losses and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an
extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management
anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The
Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s
efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and
continue as a going concern.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES

Basis of presentation

The accompanying financial statements have been
prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s year-end is
April 30.

Revenue

In accordance with ASC 606, revenue is measured
based on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.

During the year ended April 30, 2025, we generated total revenue of
$16,200.

Use of Estimates

The preparation of financial statements in conformity
with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the
reporting period. Actual results could differ from those estimates.

     F-8 

Fair Value of Financial Instruments

FASB ASC Topic 820, “Fair Value Measurement,”
defines fair value as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most
advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standards
apply to recurring and nonrecurring fair value measurements of financial and non-financial assets and liabilities. The Company determines