Company: AGTX
Filing Date: 2025-07-16
Form Type: 10-K
Source: 0001477932-25-005077
Chunk: 186

Company: Agentix Corp.
Filing Date: 2025-07-16
Form: 10-K
Item: Item 2
Chunk 186
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31, 2025 and March 31, 2024, respectively. Management As of March 31, 2025 and 2024, $433,497, respectively, was included in accounts payable – related parties on the accompanying consolidated balance sheet.

Note 4 – Equity As of March 31, 2025 and March 31, 2024, the Company has authorized 50,000,000 shares of common stock at a par value of $0.001 per share and had issued and outstanding shares of common stock of 40,066,951 and 40,066,951, respectively. Shares Issued for Cash During the year ended March 31, 2025 and 2024, the Company did not issue any shares for cash. Shares Issued for Services The Company did not issue any shares for services during the year ended March 31, 2025. During the year ended March 31, 2023, the Company granted 250,000 shares of its common stock to SBS Management LLC in exchange for services previously provided. The shares were valued at a price of $0.17 per share or $42,375, which was the then fair market value as per the market closing price as of the date of the Company’s grant of these shares. As of March 31, 2025 and 2024, these shares had not been issued and were included in common stock to be issued in the consolidated balance sheet. During the year ended March 31, 2023, the Company granted 307,102 shares of the Company’s common stock in exchange for a one year software subscription, which totaled $32,000. The fair value of the common stock issued was $0.10, which was determined based on the historical market price of the Company’s common stock as of the date of issuance. The fair value determined was amortized ratably over the one-year subscription period to general and administrative expenses. As of March 31, 2025 and 2024, 107,102 shares of the 307,102 shares granted had not been issued and were included in common stock to be issued in the consolidated balance sheet.

Note 5 – Deferred Tax Assets and Income Tax Provision At March 31, 2025, no tax benefit has been recorded with respect to the net operating loss in the accompanying consolidated financial statements as the management of the Company believes that the realization of the Company’s