Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 45

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1A
Chunk 45
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outstanding.

Comprehensive Income

Comprehensive income is defined as all changes
in stockholders’ equity, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income
or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments
in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of April 30, 2025 were no differences between
our comprehensive loss and net loss.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but
not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

Risks and Uncertainties

The ultimate impact of the COVID-19 pandemic on
the Company’s operations is unknown and will depend on future developments, which are highly uncertain and cannot be predicted with
confidence, including the duration of the COVID-19 outbreak, new information which may emerge concerning the severity of the COVID-19
pandemic, and any additional preventative and protective actions that governments, or the Company, may direct, which may result in an
extended period of continued business disruption, reduced customer traffic and reduced operations. Any resulting financial impact cannot
be reasonably estimated at this time but is anticipated to have a material adverse impact on our business, financial condition and results
of operations.

Management expects that its business will be impacted
to some degree, but the significance of the impact of the COVID-19 outbreak on the Company’s business and the duration for which
it may have an impact cannot be determined at this time.

NOTE 4 – COMMON STOCK

The Company has 75,000,000, $0.0001 par value
shares of common stock authorized.

On February 22, 2022 the Company issued 3,000,000
shares of common stock to a director for services rendered estimated to be $300 at $0.0001 per share.

During the quarter ended January 31, 2023 the
Company issued 1,840,300 common shares at $0.01 per share to 27 shareholders in consideration of $18,403.

There were 4,840,300 shares of common stock issued
and outstanding as of January 31, 2023.

During the quarter ended April 30, 2023, the Company
issued 440,000 common shares to few individuals at $0.01 per share in consideration of $4,400.

There were