Company: BLIS
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001199835-25-000342
Chunk: 2

Company: NAPC Defense, Inc.
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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1,146,674)

    Total Liabilities and Stockholders’ Equity 
    $136,902  
    $16,452 

The
accompanying notes are an integral part of these unaudited consolidated financial statements

4

    NAPC
    Defense, Inc.
  
    CONDENSED
    CONSOLIDATED STATEMENTS OF OPERATIONS
  
    UNAUDITED

    For the Three Months Ended 

    July 31, 2025  
    July 31, 2024 
  
    Revenue 
    $-  
    $67,467 
  
    Gross profit 
     -  
     67,467 

    Operating expenses 

    Consulting and accounting 
     152,586  
     69,617 
  
    General and administrative 
     29,874  
     137,450 
  
    Professional fees 
     54,262  
     3,150 
  
    Legal fees 
     2,210  
     20,650 
  
    Rent 
     13,001  
     80,000 
  
    Research and development 
     6,126  
     4,103 
  
    Total operating expenses 
     258,059  
     314,970 

    Loss from operations 
     (258,059) 
     (247,503) 

    Other income (expense) 

    Amortization of debt discount 
     (192,792) 
     (14,990)
  
    Financing fees 
     (100,312) 
     - 
  
    Loss on extinguishment of debt 
     -  
     (123,653)
  
    Interest expense 
     (33,089) 
     (17,848)
  
    Total other income (expense) 
     (326,193) 
     (156,491)

    Net loss from continuing operations 
    $(584,252) 
    $(403,994)

    Discontinued operations 

    Loss from operations of discontinued operations 
     -  
     (31,869)
  
    Total discontinued operations 
     -  
     (31,869)

    Loss before income taxes 
     (584,252) 
     (435,863)

    Provision for income tax 
     -  
     -