Company: ORIB
Filing Date: 2025-07-08
Form Type: 10-K
Source: 0001683168-25-004973
Chunk: 118

Company: Orion Bliss Corp.
Filing Date: 2025-07-08
Form: 10-K
Item: Item 7A
Chunk 118
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, 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.

     F-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 audited 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’s financial position, results
of operations and cash flows for the interim periods presented in conformity with US GAAP. These audited financial statements should be
read in conjunction with the financial statements and notes thereto for the year ended April 30, 2025. Interim results are not necessarily
indicative of the results that may be expected for a full year or any other interim period.

Use of Estimates

The preparation of financial statements in conformity
with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount
of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments
with the original maturities of three months or less to be cash equivalents. As of April 30, 2025 and 2024 there are no cash and cash
equivalents.

Intangible Assets

The Company purchased and possesses an asset
in a form of the website and mobile application. The Company is using straight - line amortization for our mobile application and
website since they are fully operational as of October 31, 2024:

Mobile Application and Website – $45,500.

Term of amortization – 60 months
(5 years).

Balances as of April 30, 2025 is as follows:

    Schedule of intangible assets 
    April 30, 2025 

    Non- Current Assets