Company: NTCS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008352
Chunk: 5

Company: Natics Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 5
---
 statements, the
Company had an accumulated deficit from Inception to October 31, 2025 of $86,383, and a net loss of $377 for the three months ended October
31, 2025. The Company has Promissory Notes on a balance sheet of $43,000 at October 31, 2025. These factors raise substantial doubt about
the Company’s ability to continue as a going concern.

The Company is attempting to commence operations
and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily
operations. Management intends to raise additional funds by way of a private or public offering. While the Company believes in the viability
of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances
to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement
its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

The financial statements do not include any adjustments
related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might
be necessary should the Company be unable to continue as a going concern.

The extent of the impact of the coronavirus (“COVID-19”)
outbreak on the financial performance of the Company will depend on future developments, including the duration and spread of the outbreak
and related advisories and restrictions and the impact of COVID-19 on the overall economy, all of which are highly uncertain and cannot
be predicted. If the overall economy is impacted for an extended period, the Company’s future operating results may be materially
adversely affected.

     8 

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES

Basis of Presentation

The accompanying financial statements have been
prepared in accordance with generally accepted accounting principles in the United States of America.

The Company’s year-end is April 30.

The accompanying unaudited consolidated financial
statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”)
and with the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information
and notes required by US GAAP for complete financial statements of the Company. In the opinion of management, these financial statements
reflect all adjustments of a normal recurring nature necessary for the fair presentation of the Company