Company: CSDX
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001214659-25-014817
Chunk: 3

Company: CS DIAGNOSTICS CORP.
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
 per common share is computed by dividing
net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per
common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding
shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common
shares assumes that the Company incorporated as of the beginning of the first period presented. For the period ended June 30, 2025 and
2024, the diluted loss per share is the same as the basic loss per shares as the inclusion of any potentially dilutive shares would result
in anti- dilution due to the net loss incurred by the Company.

Recent Accounting Pronouncements

The Company has implemented all applicable accounting
pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise
disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have
a material impact on its financial position or results of operations.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been
prepared assuming the company will continue as a going concern as disclosed in Note 3 to the financial statement, the Company has accumulated
deficit of $(-4,735,665) on June 30, 2025. The continuation of the Company as a going concern through June 30, 2025, is dependent upon
improving the profitability and the continuing financial support from its stockholders. Management believes the existing shareholders
or external financing will provide additional cash to meet the Company’s obligations as they become due.

The Company requires capital for its contemplated
operational activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown.
The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition,
ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. These conditions and the
ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern.
The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.

   9  

NOTE 4 - INCOME TAXES

Deferred taxes are provided on a liability method
whereby deferred tax assets are recognized for deductible temporary differences and operating loss, and tax