Company: NTCS
Filing Date: 2025-02-18
Form Type: 10-Q
Source: 0001683168-25-001074
Chunk: 6

Company: Natics Corp.
Filing Date: 2025-02-18
Form: 10-Q
Item: Item 8
Chunk 6
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. There are presently no personal benefits available to any officers, directors or employees.

Results of Operation

Our financial statements have been prepared assuming
that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of
assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to
meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt
securities.

Three Months Ended January 31, 2025:

During the three and nine months ended January
31, 2025, we have generated $7,200 and $10,200 revenue.

Our net loss for the three and nine months ended
January 31, 2025 was $1,486 and 15,993. Operating expenses consist of mainly professional fees, consulting expenses and depreciation expenses.

During the three and nine months ended January
31, 2024, we have generated $18,920 revenue.

Our net loss for the three and nine months ended
January 31, 2024 was $7,757 and $5,660. Operating expenses consist of mainly professional fees, consulting expenses and depreciation expenses.

 13 

Liquidity and Capital Resources

As of January 31, 2025, our total assets were
$44,487 consisting of escrow account and Mobile Application and Website Development and Interest receivable.

    Current Liabilities 

    Interest Payable 
    $– 
  
    Total Current Liabilities 
    $– 

    Long term Liabilities 

    Director Loan 
    $14,565 
  
    Promissory Note 
     54,825 
  
    Total Long term Liabilities 
    $69,390 

Cash Flows from Operating Activities

We have not generated positive cash flows from
operating activities. For nine months ended January 31, 2025, net cash flows used in operating activities was $15,993 consisting of:

    CASH FLOWS FROM OPERATING ACTIVITIES 

    Net income (loss) 
    $(15,993)
  
    Promissory Note 
     3,225 
  
    Interest Payable 
     (3,225)
  
    CASH FLOWS USED IN OPERATING ACTIVITIES 
    $(15,993)

Cash Flows from Investing Activities

We have generated positive cash flows from