Company: NTCS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008352
Chunk: 7

Company: Natics Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 7
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 as observable inputs such as quoted prices in active markets;
  
    Level 2:
    defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
  
    Level 3:
    defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company’s
loan from shareholder approximates its fair value due to their short-term maturity.

Income Taxes

Income taxes are computed using the asset and
liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences
between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws.
A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in
accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available
to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share
gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common
shares if their effect is anti-dilutive.

As of October 31, 2025, there were no potentially
dilutive debt or equity instruments issued or outstanding.

     10 

Stock-Based Compensation

Stock-based compensation is accounted for at fair
value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Recent Accounting Pronouncements

Management does not believe that any recently
issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

NOTE 4 – LOAN FROM DIRECTOR

As of October 31, 2025, the Company owed $25,406
to the Company’s sole director, Guy Pirotsky for the Company’s working capital purposes. The amount is outstanding and payable
upon request. The company compensated the director by issuing common shares 3,000,000 at par value $300 towards incurred company’s
expenses as of February 22, 2022.

NOTE 5 – COMMON STOCK

The Company has 75,000,000, $0.000