Company: BLIS
Filing Date: 2025-03-26
Form Type: 10-Q
Source: 0001199835-25-000092
Chunk: 3

Company: NAPC Defense, Inc.
Filing Date: 2025-03-26
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
-  
     (140,296) 
     - 
  
    Bad debt expense 
     -  
     -  
     (67,467) 
     - 
  
    Loss on extinguishment of debt 
     -  
     -  
     (123,653) 
     - 
  
    Finance fees 
     (277,050) 
     -  
     (277,050) 
     - 
  
    Interest expense 
     (23,701) 
     (12,881) 
     (65,073) 
     (44,988)
  
    Total other income (expense) 
     (379,714) 
     (12,881) 
     (807,736) 
     (44,988)

    Loss before income taxes 
     (639,212) 
     (87,746) 
     (1,528,996) 
     (507,714)

    Provision for income tax 
     -  
     -  
     -  
     - 

    Net (loss) 
    $(639,212) 
    $(87,746) 
    $(1,528,996) 
    $(507,714)

    Loss per share - basic and diluted 
    $-  
    $-  
    $-  
    $- 

    Weighted average shares outstanding
    - basic and diluted 
     206,332,426  
     61,634,217  
     189,842,913  
     55,607,250 

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

5

    NAPC
    Defense, Inc.
  
    CONDENSED
    CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
  
    For
    the Three and Nine Months Ended January 31, 2025 and 2024
  
    UNAUDITED

    Preferred  
    Common  

    Shares  
    Amount  
    Shares  
    Amount  
    Common Stock
                                            to be Issued  
    Additional Paid-in Capital  
    Unearned
    compensation  
    Accumulated Deficit  
    Total Stockholders’ Deficit