Elventix Technology Corp. (ELVX) generated $32,196 in API subscription revenue for the three months ended August 31, 2026, versus no revenue in the prior-year quarter. Net loss was $11,828, compared with $19,229, while operating expenses were $44,024 versus $19,229. Operating cash flow was $10,649, investing cash use was $35,640, and financing cash flow was $24,200. Cash was $630 at quarter-end, with a $173,127 working capital deficit.
At August 31, 2026, the $163,000 promissory note was due November 14, 2026. On September 30, CEO and director Tallis Mateus Da Silva forgave a separate $163,584 related-party loan, leaving its Loan Agreement balance at $0 without payment or other consideration. Elventix said available capital reserves were insufficient to remain operational and conditions raised substantial doubt about its ability to continue as a going concern. Management plans to finance the next twelve months with available cash, API subscription revenues, and loans from the director and/or a private offering of common stock. Management also concluded disclosure controls were not effective, citing material weaknesses.