# EDGAR Filing Document

**Accession Number:** 0002070845
**File Stem:** 0001683168-26-001819
**Filing Date:** 2026-3
**Character Count:** 39350
**Document Hash:** 5ae6ca4d5faf9978651f1b268af0b10b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-26-001819.hdr.sgml**: 20260316

**ACCESSION NUMBER**: 0001683168-26-001819

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 48

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260316

**DATE AS OF CHANGE**: 20260316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUN
- **CENTRAL INDEX KEY:** 0002070845
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 352871996
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56762
- **FILM NUMBER:** 26755067

**BUSINESS ADDRESS:**
- **STREET 1:** 522 W. RIVERSIDE AVE
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99201
- **BUSINESS PHONE:** 424-465-0407

**MAIL ADDRESS:**
- **STREET 1:** 522 W. RIVERSIDE AVE
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99201

?xml version='1.0' encoding='ASCII'? Sun 10-Q

<br> **UNITED STATES**<br> **SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**<br>**Form 10-Q** <br>

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended **January 31, 2026**

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to _______

Commission File No. **000-56762**

![](sunlogo.jpg)

SUN

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Wyoming** | **35-2871996** |
| (State or Other Jurisdiction of Incorporation or Organization) | (IRS Employer Identification Number) |

---

---

| | |
|:---|:---|
| **10 Lily Pond Lane<br> East Hampton, NY 11937** | <br>**7389**<br>|
| (Address of principal executive offices) | (Primary Standard Industrial Classification Code Number) |

---

**(909) 274-0257**

Registrant's telephone number, including area code:

Securities registered pursuant to Section 12(b) of the Act:

Title of each class <u>Trading Symbol</u> <u>Name of each exchange on which registered</u> <br> <u>N/A</u> <u>N/A</u> <u>N/A</u>

Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) Yes ☐ No ☒

As of January 31, 2026, the registrant had 8,475,000 shares of common stock issued and outstanding.

***TABLE OF CONTENTS***

---

| | | |
|:---|:---|:---|
| *PART 1* | [*FINANCIAL INFORMATION*](#q1_002) |  |
| *Item 1.* | [*Financial Statements (Unaudited)*](#q1_003) | *3* |
|  | &nbsp;&nbsp;&nbsp;[*Balance Sheets*](#q1_004) | *4* |
|  | &nbsp;&nbsp;&nbsp;[*Statements of Operations*](#q1_005) | *5* |
|  | &nbsp;&nbsp;&nbsp;[*Statements of Stockholders Equity (Deficit)*](#q1_006) | *6* |
|  | &nbsp;&nbsp;&nbsp;[*Statements of Cash Flows*](#q1_007) | *7* |
|  | &nbsp;&nbsp;&nbsp;[*Notes to Financial Statements*](#q1_008) | *8* |
| *Item 2.* | [*Management's Discussion and Analysis of Financial Condition and Results of Operations*](#q1_010) | *11* |
| *Item 3.* | [*Quantitative and Qualitative Disclosures About Market Risk*](#q1_011) | *14* |
| *Item 4.* | [*Controls and Procedures*](#q1_012) | *14* |
| *PART II.* | [*OTHER INFORMATION*](#q1_013) |  |
| *Item 1.* | [*Legal Proceedings*](#q1_014) | *15* |
| *Item 2.* | [*Unregistered Sales of Equity Securities and Use of Proceeds*](#q1_015) | *15* |
| *Item 3.* | [*Defaults Upon Senior Securities*](#q1_016) | *15* |
| *Item 4.* | [*Mine Safety Disclosures*](#q1_017) | *15* |
| *Item 5.* | [*Other Information*](#q1_018) | *15* |
| *Item 6.* | *[Exhibits](#q1_019)* | *15* |
|  | *[Signatures](#q1_020)* | *16* |

---

**PART I. FINANCIAL INFORMATION**

*<u>ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)</u>*

[Condensed Balance Sheets as of January 31, 2026 (Unaudited) and October 31, 2025](#q1_004)

[Condensed Statements of Operations for the Three Months Ended January 31, 2026 and January 31, 2025 (Unaudited)](#q1_005)

[Condensed Statements of Stockholders' Equity (Deficit) for the Three Months Ended January 31, 2026 and January 31, 2025 (Unaudited)](#q1_006)

[Condensed Statements of Cash Flows for the Three Months Ended January 31, 2026 and January 31, 2025 (Unaudited)](#q1_007)

[Notes to the Condensed Financial Statements](#q1_008)

**SUN**

**CONDENSED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | January 31, 2026 | October 31, 2025 |
|  | (Unaudited) | (Audited) |
| **ASSETS** |  |  |
| Current assets |  |  |
| &nbsp;&nbsp;&nbsp;Cash & cash equivalents | $2690 | $8856 |
| &nbsp;&nbsp;&nbsp;Accounts receivable |  |  |
| &nbsp;&nbsp;&nbsp;Prepaid expenses | 500 | 500 |
| Total current assets | 3190 | 9356 |
| Non-Current assets |  |  |
| &nbsp;&nbsp;&nbsp;Intangibles | 499 | 499 |
| &nbsp;&nbsp;&nbsp;Equipment (net) | 9190 | 10551 |
| &nbsp;&nbsp;&nbsp;Long-term investments | 87500 | 87500 |
| &nbsp;&nbsp;&nbsp;Note receivable - Related Party | 50000 | 50000 |
| Total Non-Current assets | 147189 | 148550 |
| **TOTAL ASSETS** | $**150379** | $**157906** |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| Current Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable | $5500 | $5500 |
| &nbsp;&nbsp;&nbsp;Accrued Interest Payable | 10500 | 7875 |
| &nbsp;&nbsp;&nbsp;Short-term loans from shareholder (Related Party) | 5350 | 2050 |
| &nbsp;&nbsp;&nbsp;Unearned revenue | 16667 | 16667 |
| Total Current Liabilities | 38017 | 32092 |
| Non-Current Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Long-term loans from shareholder (Related Party) | 22159 | 22159 |
| &nbsp;&nbsp;&nbsp;Long-term business loans | 70000 | 70000 |
| Total non-current liabilities | 92159 | 92159 |
| **Total Liabilities** | **130176** | **124251** |
| **Stockholders' Equity (Deficit)** |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, $0.0001 par value, 75,000,000 shares authorized; 8,475,000 shares issued and outstanding | 847 | 847 |
| &nbsp;&nbsp;&nbsp;Additional Paid-In-Capital | 32430 | 32430 |
| &nbsp;&nbsp;&nbsp;Accumulated Deficit | (13074) | 378 |
| Total Stockholders' equity (deficit) | 20203 | 33655 |
| **TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** | $**150379** | $**157906** |

---

*The accompanying notes are an integral part of these financial statements*

**SUN**

**STATEMENT OF OPERATIONS**

(UNAUDITED)

---

| | | |
|:---|:---|:---|
|  | Three months ended <br>January 31, 2026 | Three months ended <br>January 31, 2025 |
| Revenue  | $10600 | $4500 |
| Cost of revenue | 4500 | – |
| **Gross Profit** | 6100 | 4500 |
| Operating expenses |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative expenses | 13137 | 7318 |
| &nbsp;&nbsp;&nbsp;Advertising and marketing | 1090 |  |
| &nbsp;&nbsp;&nbsp;Professional services | 2697 |  |
| &nbsp;&nbsp;&nbsp;Other operating expenses | 2628 | – |
| **Total operating expenses** | 19552 | 14818 |
| Income (Loss) before provision for income taxes | (13452) | (10318) |
| Provision for income taxes | – | – |
| **Net income (loss)** | $(13452) | $(10318) |
| Income (loss) per common share: Basic and diluted | (0.0016) | (0.0020) |
| Weighted Average Number of Common Shares Outstanding: Basic and diluted | 8475000 | 5162579 |

---

 

 

*The accompanying notes are an integral part of these financial statements*

**SUN**

**STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)**

**FOR THREE MONTHS ENDED JANUARY 31, 2025 & FOR THREE MONTHS ENDED JANUARY 31, 2026**

(UNAUDITED)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Number of <br> Common <br> Shares | Amount | Additional Paid-In-Capital | Accumulated<br> Deficit | Total |
| Balance at October 31, 2024 | 5200000 | $520 | $– | $(3510) | $(2990) |
| Net loss for the period | – | – | – | (10318) | (10318) |
| Balance as of January 31, 2025 | 5200000 | $– | $– | $(13828) | $(13308) |
| Balance at October 31, 2025 | 8475000 | $847 | $32430 | $378 | $33655 |
| Net loss for the period | – | – | – | (13452) | (13452) |
| Balance as of January 31, 2026 | 8475000 | $– | $– | $(13074) | $20203 |

---

 

*The accompanying notes are an integral part of these financial statements*

**SUN**

**STATEMENTS OF CASH FLOWS**

(UNAUDITED)

---

| | | |
|:---|:---|:---|
|  | Three months ended <br>January 31, 2026 | Three months ended <br>January 31, 2025 |
| CASH FLOWS FROM OPERATING ACTIVITIES |  |  |
| &nbsp;&nbsp;&nbsp;Net loss | $(13452) | $(10318) |
| Adjustment as of non-cash items: |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation | 1361 | 1698 |
| &nbsp;&nbsp;&nbsp;Accounts receivable |  | 14975 |
| &nbsp;&nbsp;&nbsp;Short-term loans from shareholders (Related Party (see Note 7) | 3300 | (628) |
| &nbsp;&nbsp;&nbsp;Accounts payable |  | 5500 |
| &nbsp;&nbsp;&nbsp;Prepaid expenses |  | (2000) |
| &nbsp;&nbsp;&nbsp;Long-term loans from shareholders (Related Party (see Note 7) |  | (31672) |
| &nbsp;&nbsp;&nbsp;Accrued Interest Payable | 2625 | – |
| Net cash provided by (used in) Operating activities | **(6166)** | **(22445)** |
| CASH FLOWS FROM INVESTING ACTIVITIES |  |  |
| &nbsp;&nbsp;&nbsp;Purchase of non- current assets |  |  |
| &nbsp;&nbsp;&nbsp;Long-term investments |  |  |
| &nbsp;&nbsp;&nbsp;Note receivable | – | (50000) |
| Net cash provided by (used in) Investing activities | **–** | **(50000)** |
| CASH FLOWS FROM FINANCING ACTIVITIES |  |  |
| &nbsp;&nbsp;&nbsp;Proceeds from sale of common stock |  |  |
| &nbsp;&nbsp;&nbsp;Proceeds of long-term business loans | – | 70000 |
| Net cash provided by Financing activities | **–** | **70000** |
| Increase (decrease) in cash and equivalents | (6166) | (2445) |
| Cash and equivalents at beginning of the period | 8856 | 2500 |
| Cash and equivalents at end of the period | $**2690** | $**55** |

---

 

 

*The accompanying notes are an integral part of these financial statements.*

 

**SUN**

**NOTES TO THE CONDENSED FINANCIAL STATEMENTS**

**FOR THREE MONTHS ENDED JANUARY 31, 2026**

**NOTE 1 – ORGANIZATION AND BUSINESS**

SUN (the "Company") is a corporation organized under the laws of the State of Wyoming on September 5, 2024.

The Company is an early-stage entertainment company engaged primarily in the development of proprietary immersive virtual reality ("VR") content and, to a lesser extent, in providing advertising, brand promotion, and consulting services.

The Company has adopted October 31 as its fiscal year end.

**NOTE 2 – BASIS OF PRESENTATION**

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and Article 8 of Regulation S-X.

Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments considered necessary for a fair presentation of the Company's financial position, results of operations, and cash flows for the interim period have been included.

Operating results for the interim period presented are not necessarily indicative of the results that may be expected for the full fiscal year.

These financial statements should be read in conjunction with the Company's audited financial statements and related notes included in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2025.

**NOTE 3 – GOING CONCERN**

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.

For the three months ended January 31, 2026, the Company generated revenue of **$10,600** and reported a net loss of **$13,452**.

The Company continues to rely on financing from related parties and third-party lenders to support its operations and working capital requirements.

These conditions raise substantial doubt about the Company's ability to continue as a going concern.

Management plans to continue funding operations through a combination of revenues from services, equity issuances, and additional debt financing.

The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

**NOTE 4 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

The accounting policies followed by the Company are consistent with those described in the audited financial statements included in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2025.

There have been no material changes to the Company's significant accounting policies during the interim period.

***Revenue Recognition***

The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers.

Revenue during the current interim period was primarily derived from audiovisual production services and related media production activities.

Revenue is recognized when the Company satisfies performance obligations under its service agreements.

***Segment Reporting***

 ****

The Company operates as a single operating segment. Management reviews financial information on a consolidated basis and therefore the Company has one reportable segment.

**NOTE 5 – REVENUE AND COST OF REVENUE**

During the three months ended January 31, 2026, the Company recognized **$10,600 in revenue** related primarily to audiovisual production and creative services provided in connection with a media production project.

Direct costs associated with the project totaled **$4,500** and consisted primarily of editing, post-production, and production services provided by third-party contractors.

These direct production costs are recorded as cost of revenue in the accompanying condensed statement of operations.

**NOTE 6 – EQUIPMENT (NET)**

Equipment is recorded at cost less accumulated depreciation.

Depreciation is calculated using the straight-line method over an estimated useful life of three years.

Depreciation expense for the three months ended January 31, 2026 totaled **$1,361**.

**NOTE 7 – RELATED PARTY TRANSACTIONS**

The Company may receive advances from its director and related parties to support its working capital needs.

During the three months ended January 31, 2026, the Company received additional short-term advances from its director totaling **$3,300**, which were used primarily to support operating expenses and professional service fees.

These advances are unsecured and are expected to be repaid as the Company's financial position improves.

As of the end of the reporting period, the outstanding balance of short-term loans from the director totaled **$5,350**.

**NOTE 8 – NOTE RECEIVABLE – RELATED PARTY**

The Company holds a **$50,000 note receivable** from MUY HOUSE, a related party, arising from a partnership and advertising agreement.

The note is non-interest-bearing and payable in full on **October 30, 2026**.

No payments had been received as of the end of the reporting period.

**NOTE 9 – UNEARNED REVENUE**

Unearned revenue represents amounts received or contractually owed for services that have not yet been performed.

As of the end of the reporting period, the Company had **$16,667 of unearned revenue** related to services that remain to be performed under existing agreements.

Revenue will be recognized as performance obligations are satisfied.

**NOTE 10 – LONG-TERM INVESTMENTS**

The Company continues to hold long-term investments totaling $87,500 related to the development of immersive media content and strategic equity investments. Management evaluates these investments for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.

No impairment was recorded during the current period.

**NOTE 11 – LONG-TERM BUSINESS LOAN**

The Company maintains a long-term business loan agreement with principal proceeds of **$70,000**.

Interest accrues on the outstanding principal balance in accordance with the terms of the agreement.

For the three months ended January 31, 2026, the Company recorded **interest expense of $2,625**, which was accrued and included in accrued interest payable.

**NOTE 12 – INCOME TAXES**

The Company accounts for income taxes in accordance with ASC 740.

The Company has generated net operating losses and has recorded a full valuation allowance against its deferred tax assets.

**NOTE 13 – SUBSEQUENT EVENTS**

Management has evaluated subsequent events through the date the financial statements were available to be issued and determined that there were no events requiring adjustment or disclosure.

FORWARD LOOKING STATEMENTS

Certain statements contained in this Quarterly Report on Form 10-Q that are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Forward-looking statements include statements regarding the Company's expectations, beliefs, plans, objectives, future financial performance, and assumptions underlying or relating to such statements. These statements are often identified by the use of words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intend," "continue," or similar expressions.

These forward-looking statements are based on management's current expectations and assumptions and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such statements.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

*<u>ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</u>*

**Overview**

SUN Inc. (the "Company") was incorporated in the State of Wyoming on September 5, 2024. The Company is focused on the development and production of immersive virtual reality experiences and related digital media content. In addition, the Company provides marketing, promotional, and consulting services associated with creative production and brand development.

The Company is currently in the early stage of development and continues to build its operational infrastructure, develop intellectual property, and expand revenue-generating activities.

**Results of Operations**

**Three Months Ended January 31, 2026 Compared to Three Months Ended January 31, 2025**

**Revenue**

Revenue for the three months ended January 31, 2026 was **$10,600**, compared to **$4,500** for the three months ended January 31, 2025.

The increase in revenue was primarily attributable to audiovisual production services provided in connection with a private event and related media production activities during the current period, compared to limited consulting and marketing services provided during the prior-year period.

**Cost of Revenue**

Cost of revenue for the three months ended January 31, 2026 was **$4,500**, compared to **$0** for the three months ended January 31, 2025.

Cost of revenue during the current period primarily consisted of editing, post-production, and other direct production costs incurred in connection with the audiovisual production project.

**Gross Profit**

Gross profit for the three months ended January 31, 2026 was **$6,100**, compared to **$4,500** in the prior-year period.

The decrease in gross margin percentage reflects the inclusion of direct production costs associated with revenue-generating projects during the current period.

**Operating Expenses**

Operating expenses for the three months ended January 31, 2026 were **$19,552**, compared to **$14,818** for the three months ended January 31, 2025.

The increase in operating expenses was primarily attributable to higher general administrative expenses, professional services, and operational costs associated with the Company's ongoing business development and reporting requirements as a public company.

Operating expenses consisted primarily of:

· **General and administrative expenses:** $13,137 (2026) compared
to $7,318 (2025), primarily reflecting higher operational and administrative costs.

· **Advertising and marketing:** $1,090 (2026), compared to no advertising
costs during the prior-year period.

· **Professional services:** $2,697 (2026), primarily related to
legal, accounting, and consulting services.

· **Other operating expenses:** $2,628 (2026), compared to $7,500
in the prior-year period.

**Net Loss**

Net loss for the three months ended January 31, 2026 was **$13,452**, compared to **$10,318** for the three months ended January 31, 2025.

The increase in net loss was primarily attributable to higher operating expenses as the Company continued to develop its business operations and expand its activities.

**Liquidity and Capital Resources**

As of January 31, 2026, the Company had **cash and cash equivalents of $2,690**, compared to **$55 as of January 31, 2025**.

Net cash used in operating activities for the three months ended January 31, 2026 was **$6,166**, compared to **$22,445 used in operating activities** during the comparable prior-year period.

The decrease in operating cash outflows was primarily attributable to improved operating cash flow dynamics and lower working capital adjustments compared to the prior period.

During the three months ended January 31, 2026, the Company received **$3,300 in advances from the Company's director**, which were used to support ongoing operating activities.

As of January 31, 2026, the Company had total liabilities of **$130,176**, including **$70,000 related to a long-term business loan** and **$22,159 related to loans from a related party**.

The Company continues to operate with limited working capital and relies on a combination of operating revenues, related-party advances, and external financing to support its ongoing operations.

**Plan of Operations and Funding**

Over the next twelve months, the Company intends to continue developing immersive virtual reality experiences and expand its content production, audiovisual services, and consulting activities related to creative media and digital production.

The Company plans to focus on the development of proprietary immersive media projects, including virtual reality content and related digital media assets, as well as providing creative production and audiovisual services for private events, media productions, and collaborative entertainment projects. The Company also intends to pursue strategic collaborations with creative partners and production studios to expand its portfolio of immersive entertainment content.

The Company also maintains strategic investments related to immersive media development projects, which management believes may support future business opportunities.

The Company expects that its working capital requirements will increase as it continues to develop its business operations, including expenses related to content development, production costs, administrative expenses, and marketing and promotional activities.

Management expects that working capital requirements will be funded through a combination of operating revenues, advances from related parties, potential equity financings, and debt financing, if available.

Existing working capital, anticipated cash flows from operations, and potential advances from the Company's director are expected to support the Company's operations in the short term. However, the Company expects that additional capital may be required in order to expand operations and fully execute its long-term business plan.

To date, the Company has financed its operations primarily through revenue generated from services, advances from related parties, and debt financing. The Company may seek to obtain additional funding through the issuance of equity securities, convertible debt, or other financing arrangements.

The issuance of additional equity or convertible securities could result in dilution to existing stockholders. In addition, such securities may have rights, preferences, or privileges senior to those of the Company's common stock.

There can be no assurance that additional financing will be available on acceptable terms, or at all. If adequate funds are not available when needed, the Company may be required to reduce the scope of its operations, delay or cancel development of certain projects, or limit its ability to pursue new business opportunities.

*<u>Off-Balance Sheet Arrangements</u>*

As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

*<u>Going Concern</u>*

The independent auditor's report accompanying the Company's financial statements for the fiscal year ended October 31, 2025 included an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern.

The Company continues to rely on financing from related parties and third-party lenders to support its operations. While the Company generated revenue during the current period, it continues to incur operating losses and has limited cash resources.

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

Management intends to address the Company's liquidity needs through a combination of operating revenues, advances from related parties, and potential equity or debt financing. However, there can be no assurance that such financing will be available on acceptable terms, or at all.

*<u>ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.</u>*

As a smaller reporting company, the Company is not required to provide the information required by this Item.

*<u>ITEM 4. CONTROLS AND PROCEDURES</u>*

**Evaluation of Disclosure Controls and Procedures**

Disclosure controls and procedures are designed to ensure that information required to be disclosed by the Company in reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. Disclosure controls and procedures include controls and procedures designed to ensure that such information is accumulated and communicated to management, including the Company's Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

The Company's Chief Executive Officer and Chief Financial Officer, who is the same individual, evaluated the effectiveness of the Company's disclosure controls and procedures as of January 31, 2026, pursuant to Rule 13a-15(b) under the Exchange Act.

Based on this evaluation, the Company's Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures were **not effective** as of January 31, 2026 due to the material weaknesses in internal control over financial reporting described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2025.

**PART II. OTHER INFORMATION**

*<u>ITEM 1. LEGAL PROCEEDINGS</u>*

The Company is not currently involved in any material legal proceedings. From time to time, the Company may become involved in legal proceedings arising in the ordinary course of business. However, management does not believe that any such proceedings, if they were to occur, would have a material adverse effect on the Company's financial condition, results of operations, or cash flows.

*<u>ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS</u>*

No report required.

*<u>ITEM 3. DEFAULTS UPON SENIOR SECURITIES</u>*

No report required.

*<u>ITEM 4. MINE SAFETY DISCLOSURES</u>*

Not applicable.

*<u>ITEM 5. OTHER INFORMATION</u>*

During the quarter ended January 31, 2026, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K.

*<u>ITEM 6. EXHIBITS</u>*

Exhibits:

31.1 [Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934](sun_ex3101.htm) .

31.2 [Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934](sun_ex3102.htm) .

32.1 [Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](sun_ex3201.htm) .

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | |
|:---|:---|
|  | **SUN**<br>|
| **Dated: March 16, 2026** | **By: <u>/s/ *Michael Ssebugwawo Muyingo*</u><br> Michael Ssebugwawo Muyingo<br> Chief Executive Officer<br> (Principal Executive Officer)<br>By: <u>/s/ *Michael Ssebugwawo Muyingo*</u><br> Michael Ssebugwawo Muyingo<br> Chief Financial Officer<br> (Principal Financial and Accounting Officer)** |

---

## Exhibit 31.1

**EXHIBIT 31.1**

**CERTIFICATION OF CHIEF EXECUTIVE OFFICER**

Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934

I, Michael Ssebugwawo Muyingo, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of SUN Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: March 16, 2026<br><u>/s/ Michael Ssebugwawo Muyingo</u><br> Michael Ssebugwawo Muyingo<br> Chief Executive Officer

## Exhibit 31.2

**EXHIBIT 31.2**

**CERTIFICATION OF CHIEF FINANCIAL OFFICER**

Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934

I, Michael Ssebugwawo Muyingo, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of SUN Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: March 16, 2026

<u>/s/ Michael Ssebugwawo Muyingo</u>

Michael Ssebugwawo Muyingo

Chief Financial Officer

## Exhibit 32.1

**EXHIBIT 32.1**

**CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350**

(Section 906 of the Sarbanes-Oxley Act)

In connection with the Quarterly Report of SUN Inc. (the "Company") on Form 10-Q for the quarterly period ended January 31, 2026, as filed with the Securities and Exchange Commission (the "Report"), I, Michael Ssebugwawo Muyingo, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, that to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: March 16, 2026<br><u>/s/ Michael Ssebugwawo Muyingo</u><br> Michael Ssebugwawo Muyingo<br> Chief Executive Officer and Chief Financial Officer