Company: BLIS
Filing Date: 2025-09-19
Form Type: 10-K/A
Source: 0001199835-25-000330
Chunk: 13

Company: NAPC Defense, Inc.
Filing Date: 2025-09-19
Form: 10-K/A
Chunk 13
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 This additional corporate governance time required of management could limit the amount of time management has to implement its business plan and impede the speed of its operations.

Recently Issued Accounting Pronouncements

For a description of accounting changes and recent
accounting standards, including the expected dates of adoption and estimated effects, if any, on our consolidated financial statements,
see "Note 3: Recent Accounting Pronouncements" in the consolidated financial statements filed with this Annual Report.

Off-Balance Sheet Arrangements

The Company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

Not applicable to smaller reporting companies.

Item 8. Financial Statements and Supplementary Data

<div align='center'>9

NAPC Defense, Inc.

CONSOLIDATED FINANCIAL STATEMENTS

April 30, 2025 and 2024

Table of Contents</div>

|                                                                                            | Page |
| Report                                                                                     
 of Independent Registered Public Accounting Firm (PCAOB ID #106)                           | F-2  |
| Report of Independent Registered Public Accounting Firm                                    | F-4  |
| Consolidated                                                                               
 Balance Sheets as of April 30, 2025 and 2024                                               | F-5  |
| Consolidated                                                                               
 Statements of Operations for the years ended April 30, 2025 and 2024                       | F-6  |
| Consolidated                                                                               
 Statements of Changes in Stockholders’ Deficit for the years ended April 30, 2025 and 2024 | F-7  |
| Consolidated                                                                               
 Statements of Cash Flows for the years ended April 30, 2025 and 2024                       | F-8  |
| Notes                                                                                      
 to the Consolidated Financial Statements                                                   | F-9  |

<div align='center'>F-1

Report of Independent Registered Public Accounting Firm</div>

To the Stockholders and the Board of Directors of:

NAPC Defense, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance
sheet of NAPC Defense, Inc. (the “Company”) as of April 30, 2025, the related consolidated statements of operations, changes
in stockholders’ equity (deficit) and cash flows for the year then ended, and