Defense Technologies International Corp. filings document the company's reporting status and formal SEC notification activity. The recent record centers on Form 12b-25 notices for delayed quarterly reports on Form 10-Q, including period-ended references, registrant identifying information, SEC file and CUSIP references, and Rule 12b-25 relief statements.
These filings provide a formal record of periodic-report timing for the issuer, distinct from product updates involving Passive Security Scan Inc. and the Passive Portal security technology business.
Defense Technologies International Corp. reports quarterly results showing continued losses, no revenue, and a severe liquidity shortfall. For the six months ended October 31, 2025, the company recorded a net loss of $382,106 attributable to the company and had $63 in cash.
As of October 31, 2025, current liabilities were $2,477,014 against current assets of $7,662, creating a working capital deficit of $2,469,352 and a total stockholders’ deficit of $2,469,352. Management discloses that recurring losses, an accumulated deficit of $18,439,015 and lack of revenues raise substantial doubt about the company’s ability to continue as a going concern.
Defense Technologies International Corp. reported another quarter with no revenue for the three months ended July 31, 2025 and a net loss attributable to the company of $222,164, narrower than the $461,239 loss a year earlier, mainly because the prior-year period included a large loss on notes.
Cash was only $2,422 and total assets were $10,021, while current liabilities reached $2,309,579, leaving a stockholders’ deficit of $2,299,558 and an accumulated deficit of $18,271,717. Management discloses “substantial doubt” about the company’s ability to continue as a going concern, citing the absence of revenue and a significant working capital deficit.
The company continues to fund operations through promissory notes and related-party financing, including several new short-term notes in 2025, and ongoing conversions of preferred stock into common shares, which increase the share count. Internal controls over financial reporting are described as having material weaknesses due to limited accounting staff and segregation of duties issues.
Defense Technologies International Corp. reported a working capital deficit of $2,075,126 and noted substantial doubt about its ability to continue as a going concern. The company disclosed 34,147,881 authorized common shares with 9,729,878 issued and outstanding and 2,535,135 Series A preferred shares outstanding; aggregate preferred outstanding noted as 3,735,920. Management plans to fund operations through issuance of debt and equity and related-party support, but stated there is no assurance funding will be available. Multiple convertible and non-convertible notes mature in mid-2025 with several notes in default, including a note owed $20,042 plus interest. The company recognized share issuances to settle debt, including conversions of Series B preferred to common and a gain on debt of approximately $773,231 from settling $843,831 of payables. The filing lists initiatives to strengthen cybersecurity controls and third-party risk management.