Company: NTCS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008352
Chunk: 15

Company: Natics Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 15
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SINCE INCEPTION ON FEBRUARY 21, 2022 TO OCTOBER
31, 2025

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

NATICS CORP. (referred as the “Company”,
“we”, “our”) is a development stage company formed to commence operations concerned with online workouts. We were
incorporated under the laws of the state of Wyoming on February 21, 2022. We are providing the useful healthy and effective type of online
sport service, for adolescents and adults, for men and women available from anywhere using the phone and internet connection. Our online
service provides a high quality sport trainings, through our mobile application “Sport Natics” for Android and iOS mobile
OS. Our executive and business office is located at App 6, Yehuda Gorodiski 1, Rehovot, Israel 7623101, and our telephone number is +13072220096.

NOTE 2 – GOING CONCERN

The Company’s financial statements have
been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and
liquidation of liabilities in the normal course of business.

As reflected in the financial 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