Company: BLIS
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001199835-25-000342
Chunk: 1

Company: NAPC Defense, Inc.
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    Accounts payable 
    $28,582  
    $25,000 
  
    Accounts payable, related parties 
     6,500  
     - 
  
    Accrued interest expense 
     144,835  
     115,996 
  
    Related party advances 
     3,648  
     17,726 
  
    Customer deposits 
     8,700  
     8,700 
  
    Convertible notes payable, net of discounts 
     1,085,387  
     806,787 
  
    Short term loans 
     22,925  
     22,925 
  
    Related party convertible loan 
     64,992  
     64,992 
  
    Related party short term loans 
     68,800  
     51,000 
  
    Lease liability - current 
     29,942  
     - 
  
    Contingent liabilities 
     50,000  
     50,000 
  
    Total current liabilities 
     1,514,311  
     1,163,126 

    Long term liabilities: 

    Lease liability 
     68,432  
     - 
  
    Total Liabilities 
     1,582,743  
     1,163,126 

    Commitments and Contingencies (Note 8) 

    Stockholders’ Deficit (Equity) 

    Preferred stock, $0.001 par value; 100 shares authorized, 51 shares issued and outstanding 
     -  
     - 
  
    Common stock, par value $0.001; 500,000,000 shares authorized, 271,380,682 and 238,251,927 shares issued and outstanding at July 31, 2025 and April 30, 2025, respectively 
     271,398  
     238,269 
  
    Common stock to be issued 
     118,500  
     120,432 
  
    Additional paid-in capital 
     7,313,623  
     6,942,106 
  
    Accumulated deficit 
     (9,149,362) 
     (8,447,481)
  
    Total Stockholders’ Deficit (Equity) 
     (1,445,841) 
     (