Baltic International (BISA) ends quarter with $2,976 cash

Rhea-AI Filing Summary

Baltic International USA, Inc. reports that for the quarter ended March 31, 2026 it had no revenues and a net loss of $6,293, similar to the prior year period. General and administrative expense was $3,906 and interest expense was $2,387.

The company had total assets of $2,976, all in cash, against total liabilities of $5,226,640, resulting in a shareholders’ deficit of $5,223,664. This includes dividends payable of $4,536,684, short-term debt to officers and directors of $69,481, and an accumulated deficit of $19,184,912. Management discloses a working capital deficit of $5,223,664 and states there is substantial doubt about the company’s ability to continue as a going concern, relying on possible support from officers, directors, and investors.

The company describes itself as seeking to acquire a target business to gain the advantages of being publicly held, and it does not currently generate positive cash flows. Management expects to fund ongoing reporting costs and any transaction work through existing cash and potential financing. The Chief Executive Officer and Chief Financial Officer concluded that disclosure controls and procedures were not effective due to a lack of adequate resources, although no significant changes in internal control over financial reporting occurred during the quarter.

Positive

• None.

Negative

• Substantial doubt about going concern: management states there is substantial doubt about the company’s ability to continue as a going concern, given minimal cash, large liabilities, and ongoing losses.
• Severe working capital deficit: current assets of $2,976 versus current liabilities of $5,226,640 create a working capital deficit of $5,223,664 and indicate heavy balance sheet stress.
• Material weakness in disclosure controls: the CEO/CFO conclude disclosure controls and procedures were not effective, citing inadequate resources and a deficiency in the design and implementation of review controls.

Filing Explained

The filing records 39,380 dollars of unpaid preferred dividends and 10,975,760 common shares outstanding alongside convertible preferred stock.

The unaudited quarterly filing updates the balance sheet through March 31, 2026: cash remained $2,976, while the working-capital deficit widened from $5,177,991 at December 31, 2025 to $5,223,664, primarily as additional liabilities accrued.

The equity table lists 40,000,000 common shares authorized, 16,629,229 issued, and 10,975,760 outstanding, alongside convertible Series A and Series B preferred stock.

The filing also reports $39,380 of preferred dividends declared and unpaid as a noncash financing activity for the quarter, rather than as a reported cash payment.

Key Figures

Cash and cash equivalents: $2,976 Total liabilities: $5,226,640 Shareholders’ deficit: $5,223,664 +5 more

8 metrics

Cash and cash equivalents $2,976 Balance at March 31, 2026

Total liabilities $5,226,640 Balance at March 31, 2026

Shareholders’ deficit $5,223,664 Balance at March 31, 2026

Accumulated deficit $19,184,912 Cumulative losses as of March 31, 2026

Net loss $6,293 Three months ended March 31, 2026

Dividends payable $4,536,684 Preferred dividends outstanding at March 31, 2026

Short-term debt to officers and directors $69,481 Current liability at March 31, 2026

Common shares outstanding 10,975,760 shares As of August 10, 2026

Key Terms

going concern, working capital deficit, disclosure controls and procedures, smaller reporting company, +1 more

5 terms

going concern financial

"There is substantial doubt about our ability to continue as a going concern"

Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.

working capital deficit financial

"resulting in a working capital deficit of $5,223,664"

A working capital deficit occurs when a company's short-term obligations—like bills, supplier payments and near-term debt—are larger than its readily available short-term resources such as cash, money expected from customers, and inventory that can be sold. Like a household whose monthly bills exceed its checking account, it signals potential difficulty paying immediate expenses, which matters to investors because it raises the chance the company will need outside financing or cut operations, affecting risk and value.

disclosure controls and procedures regulatory

"our disclosure controls and procedures were not effective to provide reasonable assurance"

Policies, routines and internal checks a public company uses to identify, collect and verify information that must appear in its financial reports and public filings, and to make sure that material news is disclosed accurately and on time. Investors care because effective controls increase confidence that the company’s reported numbers and disclosures are reliable and reduce the risk of surprises, much like a building’s inspection and alarm system helps occupants trust the structure’s safety.

smaller reporting company regulatory

"Non-accelerated filer [X] Smaller reporting company [X]"

A smaller reporting company is a publicly traded firm that meets regulatory size tests allowing it to provide abbreviated financial disclosures and compliance filings compared with larger companies. For investors, that means financial statements and notes may be less detailed, which can make it harder to compare performance or spot risks—think of reading a short summary instead of a full report when deciding whether to buy or hold a stock.

accumulated deficit financial

"we had an accumulated deficit of $19,184,912"

Accumulated deficit is the running total of a company’s past net losses minus any profits, showing how much the business has eaten into its own funds over time—think of it like a bank account that’s been overdrawn by repeated shortfalls. It matters to investors because a large accumulated deficit reduces the cushion that protects owners and creditors, can limit dividends or borrowing, and signals how much funding the company may need to reach profitability.

Earnings Snapshot

Revenues: $0

Three months ended March 31, 2026

Revenues $0 unchanged from $0 in Q1 2025

Net loss $6,293 vs $6,294 net loss in Q1 2025

Working capital deficit $5,223,664 vs $5,177,991 at December 31, 2025

Cash $2,976 unchanged from $2,976 at December 31, 2025

FAQ

What were Baltic International USA, Inc. (BISA) revenues and net loss for Q1 2026?

Baltic International USA, Inc. reported no revenues and a net loss of $6,293 for the quarter ended March 31, 2026. The loss was driven by general and administrative expenses of $3,906 and interest expense of $2,387.

What is Baltic International USA, Inc.’s (BISA) liquidity position as of March 31, 2026?

As of March 31, 2026, the company had cash of $2,976 and a working capital deficit of $5,223,664. Current liabilities totaled $5,226,640, far exceeding the company’s minimal current assets.

Does Baltic International USA, Inc. (BISA) face going concern risks?

Yes. Management states there is substantial doubt about the company’s ability to continue as a going concern, citing ongoing losses, large obligations due or past due, and limited cash resources.

What is Baltic International USA, Inc. (BISA) doing as its main business objective?

The company’s principal objective for the next 12 months is to identify and, if warranted, acquire a target business seeking the advantages of being publicly held, rather than generating immediate earnings from existing operations.

How strong are Baltic International USA, Inc.’s (BISA) internal controls?

The CEO and CFO concluded that disclosure controls and procedures were not effective as of March 31, 2026, due to lack of adequate resources and deficiencies in review controls. No significant changes to internal control over financial reporting occurred in the quarter.

What is Baltic International USA, Inc.’s (BISA) accumulated deficit and capital structure?

As of March 31, 2026, the company had an accumulated deficit of $19,184,912. Capital structure includes Series A and B convertible preferred stock, common stock with 10,975,760 shares outstanding, and treasury stock of $804,574 at cost.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

10-Q Quarterly Reports: What Changes Quarter to Quarter →

Available on EDGAR 08/17/2026 - 04:06 PM Accepted by SEC EDGAR 08/17/2026 - 04:05 PM Learn about SEC filing dates

U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For Quarterly Period Ended March 31, 2026. OR [ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From ___________ to ___________. Commission File Number: 0-26558 BALTIC INTERNATIONAL USA, INC. (Exact name of registrant as specified in its charter) TEXAS 76-0336843 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 9935 Barker Cypress Road, Suite 135, Cypress, Texas 77433 (Address of principal executive offices) (713) 961-9299 (Issuer's telephone number) Securities registered pursuant to Section 12(b) of the Act: None Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes [X] 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 during the preceding 12 months. Yes [ ] No [X] Indicate by check mark whether the registrant is a large accelerated filer, and 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 [ ] Non-accelerated filer [X] Smaller reporting company [X] 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 Exchange Act). Yes [X] No [ ]. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [ ]. Number of shares outstanding of each of the issuer's classes of common stock as of August 10, 2026: 10,975,760 shares. BALTIC INTERNATIONAL USA, INC. TABLE OF CONTENTS Page PART I - FINANCIAL INFORMATION Item 1 - Consolidated Financial Statements (unaudited) Balance Sheets - March 31, 2026 and December 31, 2025 3 Statements of Operations - Three Months Ended March 31, 2026 and 2025 4 Statements of shareholders' deficit - Three Months Ended March 31, 2026 and 2025 5 Statements of Cash Flows - Three Months Ended March 31, 2026 and 2025 7 Notes to Consolidated Financial Statements 8 Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations 10 Item 3 - Quantitative and Qualitative Disclosures About Market Risk 11 Item 4 - Controls and Procedures 12 PART II - OTHER INFORMATION Item 1 - Legal Proceedings 13 Item 1A - Risk Factors 13 Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds 13 Item 3 - Defaults Upon Senior Securities 13 Item 4 - Mine Safety Disclosures 13 Item 5 - Other Information 13 Item 6 - Exhibits 13 Signatures 14 2 PART I - FINANCIAL INFORMATION Item 1. FINANCIAL STATEMENTS BALTIC INTERNATIONAL USA, INC. Consolidated Balance Sheets (unaudited) March 31, December 31, 2026 2025 ASSETS CURRENT ASSETS Cash and cash equivalents $ 2,976 $ 2,976 ----------- ----------- Total assets $ 2,976 $ 2,976 =========== =========== LIABILITIES AND SHAREHOLDERS' DEFICIT CURRENT LIABILITIES Accounts payable and accrued liabilities $ 620,475 $ 614,182 Dividends payable 4,536,684 4,497,304 Short-term debt to officers and directors 69,481 69,481 ----------- ----------- Total liabilities 5,226,640 5,180,967 ----------- ----------- COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' DEFICIT Preferred stock: Series A, convertible, $10 par value, 499,930 shares authorized, 123,000 shares issued and outstanding 1,230,000 1,230,000 Series B, convertible, $10 par value, $25,000 stated value, 70 shares authorized, 14 shares issued and outstanding 350,000 350,000 Common stock, $.01 par value, 40,000,000 shares authorized, 16,629,229 shares issued and 10,975,760 shares outstanding 166,292 166,292 Additional paid-in capital 13,019,530 13,019,530 Accumulated deficit (19,184,912) (19,139,239) Treasury stock, at cost (804,574) (804,574) ----------- ----------- Total shareholders' deficit (5,223,664) (5,177,991) ----------- ----------- Total liabilities and shareholders' deficit $ 2,976 $ 2,976 =========== =========== See accompanying notes to consolidated financial statements. 3 BALTIC INTERNATIONAL USA, INC. Consolidated Statements of Operations (unaudited) Three Months Ended March 31, 2026 2025 REVENUES $ - $ - ------- ------- OPERATING EXPENSES: General and administrative 3,906 3,906 ------- ------- LOSS FROM OPERATIONS (3,906) (3,906) ------- ------- OTHER INCOME (EXPENSE): Interest expense (2,387) (2,388) ------- ------- Total other income (expense) (2,387) (2,388) ------- ------- LOSS BEFORE INCOME TAXES (6,293) (6,294) INCOME TAX EXPENSE - - ------- ------- NET LOSS $ (6,293) $ (6,294) ======= ======= LOSS PER SHARE: Basic and diluted $ (0.00) $ (0.00) WEIGHTED AVERAGE OUTSTANDING COMMON SHARES: Basic and diluted 10,975,760 10,975,760 See accompanying notes to consolidated financial statements. 4

BALTIC INTERNATIONAL USA, INC. Consolidated Statements of Shareholders' Deficit (Unaudited) Preferred Stock Series A Series B Common Stock Warrants Shares Amount Shares Amount Shares Amount Balance, December 31, 2025 $ - 123,000 $1,230,000 14 $ 350,000 16,629,229 $166,292 Net loss Dividends on preferred stock: Series A, $0.25 per share Series B, $616.44 per share ---------- -------- ---------- --- ---------- ---------- ------- Balance, March 31, 2026 $ - 123,000 $1,230,000 14 $ 350,000 16,629,229 $166,292 ========== ======== ========== === ========== ========== ======= Balance, December 31, 2024 $ - 123,000 $1,230,000 14 $ 350,000 16,629,229 $166,292 Net loss Dividends on preferred stock: Series A, $0.25 per share Series B, $623.29 per share ---------- -------- ---------- --- ---------- ---------- ------- Balance, March 31, 2025 $ - 123,000 $1,230,000 14 $ 350,000 16,629,229 $166,292 ========== ======== ========== === ========== ========== =======

See accompanying notes to consolidated financial statements. 5

BALTIC INTERNATIONAL USA, INC. Consolidated Statements of Shareholders' Deficit (Continued) (Unaudited) Additional paid-in Accumulated Treasury stock capital deficit Shares Amount Total Balance, December 31, 2025 $13,019,530 $(19,139,239) 5,653,469 $(804,574) $(5,177,991) Net loss (6,293) (6,293) Dividends on preferred stock: Series A, $0.25 per share (30,750) (30,750) Series B, $616.44 per share (8,630) (8,630) ----------- ------------ ----------- --------- ----------- Balance, March 31, 2026 $13,019,530 $(19,184,912) 5,653,469 $(804,574) $(5,223,664) =========== ============ =========== ========= =========== Balance, December 31, 2024 $13,019,530 $(18,955,933) 5,653,469 $(804,574) $(4,994,685) Net loss (6,294) (6,294) Dividends on preferred stock: Series A, $0.25 per share (30,750) (30,750) Series B, $616.44 per share (8,630) (8,630) ----------- ------------ ----------- --------- ----------- Balance, March 31, 2025 $13,019,530 $(19,001,607) 5,653,469 $(804,574) $(5,040,359) =========== ============ =========== ========= ===========

See accompanying notes to consolidated financial statements. 6 BALTIC INTERNATIONAL USA, INC. Consolidated Statements of Cash Flows (unaudited) Three Months Ended March 31, 2026 2025 Cash flows from operating activities: Net loss $ (6,293) $ (6,294) Adjustments to reconcile net loss to net cash flows from operating activities: Change in operating assets and liabilities: Accounts payable and accrued liabilities 6,293 6,294 ----------- ----------- Net cash used in operating activities - - ----------- ----------- Net increase in cash and cash equivalents - - Cash and cash equivalents, beginning of period 2,976 2,976 ----------- ----------- Cash and cash equivalents, end of period $ 2,976 $ 2,976 =========== =========== Supplemental disclosures: Cash paid for interest $ - $ - Cash paid for income taxes - - Noncash investing and financing activities: Dividends declared and unpaid on preferred stock $ 39,380 $ 39,380 See accompanying notes to consolidated financial statements. 7 BALTIC INTERNATIONAL USA, INC. Notes to Consolidated Financial Statements (unaudited) NOTE 1 - BASIS OF PRESENTATION The accompanying unaudited interim consolidated financial statements of Baltic International USA, Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the financial statements and notes thereto contained in our Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the consolidated financial statements which would substantially duplicate the disclosure contained in the consolidated financial statements for fiscal 2025 as reported in the Form 10-K have been omitted. NOTE 2 - FINANCIAL CONDITION We have incurred operating losses since inception. At March 31, 2026, we had an accumulated deficit of $19,184,912 and current assets and current liabilities of $2,976 and $5,226,640, respectively, resulting in a working capital deficit of $5,223,664. Net cash used in operating activities was $0 in the three months ended March 31, 2026 and $0 in three months ended March 31, 2025. We currently have limited cash resources available and have obligations due or past due. Management believes that we will be able to achieve a satisfactory level of liquidity to meets its business plan and capital needs for the next twelve months. Additionally, management believes we have the ability to obtain additional financing from key officers, directors and certain investors. Management also believes that we can continue to defer certain amounts payable by us that are either currently payable or past due. However, there can be no assurance we will be successful to meet its liquidity needs. There is substantial doubt about our ability to continue as a going concern. 8 NOTE 3 - LOSS PER COMMON SHARE Stock warrants and options are considered to be dilutive for earnings per share purposes if the average market price during the period exceeds the exercise price and we had earnings for the period. For the periods ended March 31, 2026 and 2025, all stock warrants and options are considered anti-dilutive. Supplemental disclosures for loss per share are as follows: Three Months Ended March 31, 2026 2025 Net loss to be used to compute loss per share: Net loss $ (6,294) $ (6,320) Less preferred dividends (39,380) (39,476) ---------- ---------- Net loss attributable to common shareholders $ (45,674) $ (45,796) ========== ========== Weighted average number of shares: Basic and diluted 10,975,760 10,975,760 ========== ========== Loss per common share: Basic and diluted $ (0.00) $ (0.00) ========== ========== 9 BALTIC INTERNATIONAL USA, INC. Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussions contain forward-looking information. Readers are cautioned that such information involves risks and uncertainties, including those created by general market conditions, competition and the possibility of events may occur which limit our ability to maintain or improve its operating results or execute its primary growth strategy. Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate, and there can therefore be no assurance that the forward-looking statements included herein will prove to be accurate. The inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. Current Plan of Operations Our current business objective for the next 12 months is to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. We will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. We do not currently engage in any business activities that provide us with positive cash flows. As such, the costs of investigating and analyzing business combinations for the next approximately 12 months and beyond will be paid with our current cash on hand and through funds from financing to be obtained. During the next 12 months, we anticipate incurring costs related to filing of Exchange Act reports and costs relating to consummating an acquisition. We believe we will be able to meet these costs with our current cash on hand and additional amounts, as necessary, to be loaned to or invested in us by our stockholders or other investors. We may consider a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital, but which desires to establish a public trading market for its shares, while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering. Any target business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks. 10 We anticipate that the selection of a business combination will be complex and extremely risky. Because of general economic conditions, rapid technological advances being made in some industries and shortages of available capital, our management believes that there are numerous firms seeking even the limited additional capital which we will have and/or the perceived benefits of becoming a publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex. Liquidity and Capital Resources We had $2,976 in cash at March 31, 2026, compared to $2,976 at December 31, 2025. At March 31, 2026, we had working capital deficit of $5,223,664 as compared to $5,177,991 at December 31, 2025. The increase in the working capital deficit is due primarily to the accrual of additional liabilities. Net cash used in operating activities for the three months ended March 31, 2026 was $0 as compared to $0 for the same period of 2025. We have incurred operating losses since inception. At March 31, 2026, we had an accumulated deficit of $19,184,912 and current assets and current liabilities of $2,976 and $5,226,640, respectively, resulting in a working capital deficit of $5,223,664. We currently have limited cash resources available and have obligations due or past due. Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK There has been no material change in our market risks since the end of the fiscal year 2025. 11 Item 4. CONTROLS AND PROCEDURES Our Chief Executive Officer and Chief Financial Officer, after evaluating the effectiveness of our "disclosure controls and procedures" (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this Quarterly Report on Form 10-Q, has concluded that our disclosure controls and procedures were not effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. Management has identified that there is a lack of adequate resources of the Company, which created a deficiency in the design and implementation of our review control. There were no significant changes in our internal control over financial reporting during our most recent fiscal quarter that materially affected, or were reasonably likely to materially affect, our internal control over financial reporting. Limitations on the Effectiveness of Internal Control Our management does not expect that our disclosure controls and procedures or our internal control over financial reporting will necessarily prevent all fraud and material errors. An internal control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations on all internal control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, and/or by management's override of the controls. The design of any system of internal control is also based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, controls may become inadequate because of changes in circumstances, and/or the degree of compliance with the policies and procedures may deteriorate. Because of the inherent limitations in a cost-effective internal control system, financial reporting misstatements due to error or fraud may occur and not be detected on a timely basis. 12 BALTIC INTERNATIONAL USA, INC. PART II - OTHER INFORMATION Item 1. LEGAL PROCEEDINGS, None Item 1A. RISK FACTORS, Not Required Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, None Item 3. DEFAULTS UPON SENIOR SECURITIES, None Item 4. MINE SAFETY DISCLOSURES, Not Applicable Item 5. OTHER INFORMATION, None Item 6. EXHIBITS: 31 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32 Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 13 BALTIC INTERNATIONAL USA, INC. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BALTIC INTERNATIONAL USA, INC. (Registrant) Date: August 17, 2026 By: /s/ David A. Grossman ---------------------- ------------------------------- David A. Grossman Chief Executive Officer, Chief Financial Officer and Corporate Secretary 14

Filing Exhibits & Attachments

2 documents

Financial & Certifications

• EX-31 SECTION 302 CERTIFICATION 3.6 KB
• EX-32 SECTION 906 CERTIFICATION 1.4 KB