Every 10-Q that BELISS CORP (BLIS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BLIS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BLIS filings page.
NAPC Defense, Inc. reported a weak quarter as it continues transitioning fully into defense products. For the three and nine months ended January 31, 2026, the company generated no revenue, compared with $67,467 in revenue for the prior-year nine-month period, and posted net losses of $290,266 and $1,771,934, respectively.
Total assets were only $163,072, versus liabilities of $1,774,523, resulting in a stockholders’ deficit of $1,611,451. The company disclosed a working capital deficit of $1,653,789 and stated it expects to exhaust available cash in less than one month, raising substantial doubt about its ability to continue as a going concern.
Operations are being funded largely through highly dilutive convertible notes and share issuances. As of January 31, 2026, there were 375,182,322 common shares outstanding, rising to 397,474,072 by March 17, 2026, and approximately 202,373,123 additional shares were underlying outstanding convertible notes and warrants. Several notes are already in default, and lenders could pursue foreclosure on collateral if the company cannot refinance or raise new capital.
NAPC Defense, Inc. reports a net loss of $897,416 for the quarter and $1,481,668 for the six months ended October 31, 2025, with no revenue and higher operating expenses. Cash was $27,492 against current liabilities of $1,825,051, creating a working capital deficit of $1,775,936 and total stockholders’ deficit of $1,744,727.
The company discloses substantial doubt about its ability to continue as a going concern, expects no significant revenues for the foreseeable future, and relies on $1,379,631 of convertible notes payable plus $174,954 of accrued interest, including some notes already in default. As of October 31, 2025 it had 334,633,460 common shares outstanding and about 190,814,779 shares underlying outstanding convertible notes and warrants, highlighting significant potential dilution. NAPC has exited its former business lines to focus on defense products such as CornerShot systems, ballistic protection and small arms, increased authorized common shares to 2,000,000,000, and authorized a new Voting Control Preferred class representing 70% of total voting power, though no such preferred shares have been issued.
NAPC Defense, Inc. (BLIS) filed a 10-Q showing the company is operating with constrained liquidity and has an immediate need for additional working capital of $1,486,603. The company reported a number of accounting reclassifications for discontinued operations that reduced operating expenses and other expense line items, and recorded a material non-cash impairment: $1,615,000 of intellectual property originally recorded as prepaid product rights was written to $0 after management found no closed sales or licenses as of April 30, 2025. The filing discloses 500,000,000 authorized common shares and significant potential dilution from 163,582,925 shares underlying convertible notes and 35,536,302 warrants. The company also recorded a deemed dividend of $117,629 tied to additional warrants issuable under full ratchet protection.
The company entered a three-year lease for ~2,900 sq ft in Clearwater, Florida with base rent starting at $3,138 per month and escalating through the lease term, indicating ongoing operating presence while it seeks financing options (debt, equity, or combination).