Natics Corp posts narrower loss, flags going concern risk

Natics Corp. (NTCS), a Wyoming-based development stage company offering online workout services via its “Sport Natics” mobile app, reported unaudited results for the quarter ended July 31, 2026.

Rhea-AI Filing Summary

Natics Corp. (NTCS), a Wyoming-based development stage company offering online workout services via its “Sport Natics” mobile app, reported unaudited results for the quarter ended July 31, 2026. Revenue was $14,400, up from $13,200 a year earlier, and the net loss narrowed to $2,635 from $4,024.

As of July 31, 2026, Natics had $6,985 in cash, total assets of $13,418, total liabilities of $100,695, and a stockholders’ deficit of $87,277. Liabilities include a $43,000 Promissory Note bearing 10% annual interest and a $39,420 loan from the sole director. Accumulated deficit since inception was $112,530, and the company disclosed substantial doubt about its ability to continue as a going concern.

Natics has 5,495,300 common shares outstanding and no listed exchange. Operations are funded primarily through equity sales and related-party debt; there are no employees other than the officer/director. Management plans to seek additional capital via private or public offerings and disclosed that disclosure controls and procedures were not effective as of July 31, 2026.

Positive

• Quarterly loss narrowed: Net loss for the three months ended July 31, 2026 was $2,635, an improvement from $4,024 in the prior-year quarter, indicating lower operating loss despite still being unprofitable.
• Revenue growth: Quarterly revenue increased to $14,400 from $13,200 a year earlier, reflecting approximately 9% growth in sales from the company’s online workout services.

Negative

• Going concern risk: The company reported an accumulated deficit of $112,530, a stockholders’ deficit of $87,277, and stated that these conditions raise substantial doubt about its ability to continue as a going concern.
• High leverage relative to assets: Total liabilities of $100,695 significantly exceed total assets of $13,418, including a $43,000 Promissory Note and a $39,420 director loan.
• Ineffective disclosure controls: Management concluded that disclosure controls and procedures were not effective as of July 31, 2026.
• Ongoing operating losses: Despite some improvement, the company remains unprofitable, with a net loss of $2,635 for the quarter and repeated losses since inception.
• Dependence on external financing: Management states it will need to raise additional capital through equity or debt to fund operations over the next twelve months, which may dilute existing shareholders or be unavailable on acceptable terms.

Filing Explained

As of July 31, 2026, funding is expected for three months, but additional capital is needed within twelve months and could dilute existing holders.

The unaudited Form 10-Q is the company’s quarterly report through July 31, 2026; it says future equity or convertible-debt issuances would dilute current shareholders and could carry rights senior to common stock.

Those financings remain proposed rather than committed: the company says it has no specific funding plan, no arrangement for future equity financing, and no agreement with directors for additional loans.

The company expects existing funds, further advances, debt instruments, and anticipated cash flow to fund operations for the next three months, but says it will need additional funds within the next twelve months to sustain and expand operations. During the quarter, related-party loans provided $6,112 of financing cash flow, while operating activities used $1,560; the filing does not present that inflow as a future financing commitment.

Key Figures

Revenue (quarter): $14,400 Net loss (quarter): $2,635 Cash on hand: $6,985 +5 more

8 metrics

Revenue (quarter) $14,400 Three months ended July 31, 2026; $13,200 in prior-year quarter

Net loss (quarter) $2,635 Three months ended July 31, 2026; $4,024 loss in prior-year quarter

Cash on hand $6,985 As of July 31, 2026

Total assets $13,418 As of July 31, 2026

Total liabilities $100,695 As of July 31, 2026

Accumulated deficit $112,530 From inception to July 31, 2026

Promissory Note $43,000 Outstanding at July 31, 2026, 10% annual interest

Director loan $39,420 Loan from sole director outstanding at July 31, 2026

Key Terms

going concern, development stage company, Promissory Note, Additional paid-in-capital, +2 more

6 terms

going concern financial

"These factors raise substantial doubt about the Company’s 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.

development stage company financial

"NATICS CORP. is a development stage company formed to commence operations"

Promissory Note financial

"The Company has Promissory Notes on a balance sheet of $43,000 at July 31, 2026."

A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

Additional paid-in-capital financial

"Additional paid-in-capital | | | 24,704"

deferred tax assets financial

"The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets"

An item on a company’s balance sheet showing tax benefits it can use later to reduce future tax bills — think of it as an IOU from the tax system for past losses or timing differences. It matters to investors because it can boost future cash flow and apparent value if the company expects profits ahead, but those benefits vanish if the company cannot generate taxable income and the asset must be reduced.

valuation allowance financial

"Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset"

A valuation allowance is a reserve set aside to reduce the value of certain assets on a company's financial records when there is uncertainty about whether they will generate the expected benefits. It acts like a caution sign, indicating that some assets might not be fully recoverable or worth their recorded amount. This matters to investors because it provides a more realistic picture of a company's financial health and potential risks.

Earnings Snapshot

Revenue: $14,400

Three months ended July 31, 2026

Revenue $14,400 Increased from $13,200 in the prior-year quarter

Net loss $2,635 Improved from $4,024 loss in the prior-year quarter

FAQ

How did Natics Corp. (NTCS) perform financially in the quarter ended July 31, 2026?

For the three months ended July 31, 2026, Natics Corp. reported revenue of $14,400 and a net loss of $2,635. In the prior-year quarter, revenue was $13,200 and net loss was $4,024, so revenue rose while the loss narrowed.

What is the financial position of Natics Corp. (NTCS) as of July 31, 2026?

As of July 31, 2026, Natics Corp. had $13,418 in total assets and $100,695 in total liabilities, resulting in a stockholders’ deficit of $87,277. Cash on hand was $6,985, and accumulated deficit since inception was $112,530.

Does Natics Corp. (NTCS) face a going concern risk?

Yes. Natics Corp. disclosed that its accumulated deficit of $112,530, continuing net losses, and liabilities including a $43,000 Promissory Note raise substantial doubt about its ability to continue as a going concern.

How is Natics Corp. (NTCS) currently financed?

Financing has come from equity sales and related-party debt. As of July 31, 2026, the company had a $39,420 loan from its sole director and a $43,000 Promissory Note. Management plans to seek additional capital via public or private offerings.

How many shares of Natics Corp. (NTCS) are outstanding and is it exchange-listed?

At July 31, 2026, Natics Corp. had 5,495,300 shares of common stock issued and outstanding. The filing lists no securities registered under Section 12(b), indicating the shares are not listed on a national securities exchange.

What did Natics Corp. (NTCS) report about its internal controls?

Management evaluated disclosure controls and procedures as of July 31, 2026 and concluded they were not effective. It also noted no change in internal control over financial reporting since inception that materially affected such controls.

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Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-Q

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

For the quarterly period ended July 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. 000-56732

NATICS CORP.
(Exact name of registrant as specified in its charter)

Wyoming (State or Other Jurisdiction of Incorporation or Organization) 7374 (Primary Standard Industrial Classification Number) 98-1660105 (IRS Employer Identification Number)

App 6, Yehuda Gorodiski 1

Rehovot, Israel 7623101

Telephone: +13072220096

Email: natics.corp@yahoo.com

natics.corp@zohomail.eu

(Address and telephone number of principal executive offices)

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

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		NONE		N/A

Securities registered pursuant to Section 12(g) of the Act: ordinary shares, par value $0.0001 per share

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, 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.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting Company	☒
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 checkmark whether the registrant is a shell Company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐    No ☒

At July 31, 2026, the number of shares of the Registrant’s common stock outstanding was 5,495,300.

TABLE OF CONTENTS

PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)	3
	Balance Sheets	4
	Statement of Operations	5
	Statement of Stockholders’ Equity	6
	Statement of Cash Flows	7
	Notes to the Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	13
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	15
Item 4.	Controls and Procedures	15
PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	16
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16
Item 3.	Defaults Upon Senior Securities	16
Item 4.	Mine Safety Disclosures	16
Item 5.	Other Information	16
Item 6.	Exhibits	16
	Signatures	17

2

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)

NATICS CORP.

FINANCIAL STATEMENTS

July 31, 2026 (Unaudited)

TABLE OF CONTENTS

Balance sheets as of July 31, 2026 (Unaudited) and April 30, 2026 (Audited)	4
Statement of Operations for three months ended July 31, 2026 and 2025 (Unaudited)	5
Statement of Stockholders’ Equity from Inception on February 21, 2022 to July 31, 2026 (Unaudited)	6
Statement of Cash Flows for three months ended July 31, 2026 and 2025 (Unaudited)	7
Notes to the Financial Statements	8

3

NATICS CORP.

BALANCE SHEETS

		As of July 31, 2026 (Unaudited)				April 30, 2026 (Audited)
ASSETS
Current Assets
Cash on hand		$	6,985			$	282
Total Current Assets			6,985				282
Non- Current Intangible Assets
Mobile Application and Website Development			6,433				8,584
Total Non-Current Intangible Assets			6,433				8,584
Total Assets		$	13,418			$	8,866
LIABILITIES
Current Liabilities
Interest Payable		$	18,275			$	17,200
Total Current Liabilities			18,275				17,200
Long term Liabilities
Director Loan			39,420				33,308
Promissory Note			43,000				43,000
Total Long term Liabilities			82,420				76,308
Total Liabilities			100,695				93,508
STOCKHOLDERS’ EQUITY
Common stock, $0.0001 par value, 75,000,000 shares authorized; 5,495,300 shares issued and outstanding respectively			550				550
Additional paid-in-capital			24,704				24,704
Accumulated deficit			(112,530	)			(109,895	)
Total Stockholders’ Equity			(87,277	)			(84,642	)
Total Liabilities and Stockholders’ Equity		$	13,418			$	8,866

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

4

NATICS CORP.

STATEMENT OF OPERATIONS (Unaudited)

		Three months ended July 31, 2026				Three months ended July 31, 2025
REVENUES		$	14,400			$	13,200
OPERATING EXPENSES
General and Administrative Expenses			17,035				17,224
TOTAL OPERATING EXPENSES			17,035				17,224
NET INCOME (LOSS) FROM OPERATIONS			(2,635	)			(4,024	)
PROVISION FOR INCOME TAXES			–				–
NET INCOME (LOSS)		$	(2,635	)		$	(4,024	)
NET LOSS PER SHARE: BASIC AND DILUTED		$	(0.00	)		$	(0.00	)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED			5,495,300				5,495,300

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

5

NATICS CORP.

STATEMENT OF STOCKHOLDERS’ EQUITY (Unaudited)

		Common Stock								Additional Paid-in				Deficit Accumulated during the Development				Total Stockholders’
		Shares				Amount				Capital				Stage				Equity
Inception, February 21, 2022			–			$	–			$	–			$	–			$	–
Shares issued for cash at $0.0001 per share on February 21, 2022			3,000,000				300				–				–				300
Net loss for the year ended April 30, 2022			–				–				–				(200	)			(200	)
Balance, April 30, 2022			3,000,000			$	300			$	–			$	(200	)		$	100
Sale of common stock at $0.01 per share as of January 31, 2023			1,840,300				184				18,219				–				18,403
Sale of common stock at $0.01 per share as of April 30, 2023			440,000				44				4,356				–				4,400
Net loss for the period ending April 30, 2023			–				–				–				(29,327	)			(29,327	)
Balance, April 30, 2023			5,280,300			$	528			$	22,575			$	(29,527	)		$	(6,424	)
Sale of common stock at $0.01 per share as of July 31, 2023			215,000				22				2,129				–				2,151
Net loss for the period ending April 30, 2024			–				–				–				(12,160	)			(12,160	)
Balance, April 30, 2024			5,495,300			$	550			$	24,704			$	(41,687	)		$	(16,434	)
Net loss for the period ending April 30, 2025			–				–				–				(41,049	)			(41,049	)
Balance, April 30, 2025			5,495,300			$	550			$	24,704			$	(82,736	)		$	(57,483	)
Net loss for the period ending April 30, 2026			–				–				–				(27,159	)			(27,159	)
Balance, April 30, 2026			5,495,300			$	550			$	24,704			$	(109,895	)		$	(84,642	)
Net loss for the period ending July 31, 2026			–				–				–				(2,635	)			(2,635	)
Balance, July 31, 2026			5,495,300			$	550			$	24,704			$	(112,530	)		$	(87,277	)

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

6

NATICS CORP.

STATEMENT OF CASH FLOWS (Unaudited)

		Three months ended July 31, 2026				Three months ended July 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)		$	(2,635	)		$	(4,024	)
Interest Payable			1,075				1,075
CASH FLOWS USED IN OPERATING ACTIVITIES			(1,560	)			(2,949	)
CASH FLOWS FROM INVESTING ACTIVITIES
Mobile Application and Website Development			2,151				2,151
CASH FLOWS PROVIDED BY INVESTING ACTIVITIES			2,151				2,151
CASH FLOWS FROM FINANCING ACTIVITIES
Related Party Loans			6,112				–
Capital Stock			–				–
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES			6,112				–
Net increase in cash and equivalents			6,703				(798	)
Cash and equivalents at beginning of the period			282				6,635
Cash and equivalents at end of the period		$	6,985			$	5,837
Supplemental cash flow information:
Cash paid for:
Interest		$	–			$	–
Taxes		$	–			$	–

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

7

NATICS CORP.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

SINCE INCEPTION ON FEBRUARY 21, 2022 TO JULY 31, 2026

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

NATICS CORP. (referred as the “Company”, “we”, “our”) is a development stage company formed to commence operations concerned with online workouts. We were incorporated under the laws of the state of Wyoming on February 21, 2022. We are providing the useful healthy and effective type of online sport service, for adolescents and adults, for men and women available from anywhere using the phone and internet connection. Our online service provides a high quality sport trainings, through our mobile application “Sport Natics” for Android and iOS mobile OS. Our executive and business office is located at App 6, Yehuda Gorodiski 1, Rehovot, Israel 7623101, and our telephone number is +13072220096.

NOTE 2 – GOING CONCERN

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

As reflected in the financial statements, the Company had an accumulated deficit from Inception to July 31, 2026 of $112,530, and a net loss of $2,635 for the three months ended July 31, 2026. The Company has Promissory Notes on a balance sheet of $43,000 at July 31, 2026. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily operations. Management intends to raise additional funds by way of a private or public offering. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The extent of the impact of the coronavirus (“COVID-19”) outbreak on the financial performance of the Company will depend on future developments, including the duration and spread of the outbreak and related advisories and restrictions and the impact of COVID-19 on the overall economy, all of which are highly uncertain and cannot be predicted. If the overall economy is impacted for an extended period, the Company’s future operating results may be materially adversely affected.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America.

The Company’s year-end is April 30.

8

The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and with the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by US GAAP for complete financial statements of the Company. In the opinion of management, these financial statements reflect all adjustments of a normal recurring nature necessary for the fair presentation of the Company’s financial position, results of operations and cash flows for the interim periods presented in conformity with US GAAP. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended April 30, 2026. Interim results are not necessarily indicative of the results that may be expected for a full year or any other interim period.

Revenue

In accordance with ASC 606, revenue is measured based on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.

During the three month period ended July 31, 2026, we have generated $14,400 revenue.

Segment Reporting

In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280), which expands segment disclosure requirements, including additional disclosure requirements for entities with a single reportable segment.

The Company operates as a single operating and reportable segment. The Company’s chief operating decision maker reviews financial information on a consolidated basis for purposes of evaluating financial performance and allocating resources.

The adoption of ASU 2023-07 did not have a material impact on the Company’s financial position, results of operations, or cash flows.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company issued 3,000,000 common shares for $300 at par value $0.0001 for the purpose of taking care of financial operations for the Company by the director Guy Pirotsky.

9

Mobile Application and Website development - amortization

The Company is using straight - line amortization for our mobile application and website since they are fully operational as of April 30, 2022.

Mobile Application and Website – $43,000.

Term of amortization – 60 months (5 years)

As of July 31, 2026 the company’s accumulated amortization was $2,151.

Interest Payable Note

The Company holds Promissory note payable of $43,000, as per contract the company has to pay interest of 10% annually. As of July 31, 2026 the Company’s Interest payable is $18,275.

Fair Value of Financial Instruments

AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1:	defined as observable inputs such as quoted prices in active markets;
Level 2:	defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
Level 3:	defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

As of July 31, 2026, there were no potentially dilutive debt or equity instruments issued or outstanding.

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Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Recent Accounting Pronouncements

Management does not believe that any recently issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

NOTE 4 – LOAN FROM DIRECTOR

As of July 31, 2026, the Company owed $39,420 to the Company’s sole director, Guy Pirotsky for the Company’s working capital purposes. The amount is outstanding and payable upon request. The company compensated the director by issuing common shares 3,000,000 at par value $300 towards incurred company’s expenses as of February 22, 2022.

NOTE 5 – COMMON STOCK

The Company has 75,000,000, $0.0001 par value shares of common stock authorized.

On February 22, 2022 the Company issued 3,000,000 shares of common stock to a director for services rendered estimated to be $300 at $0.0001 per share.

During the quarter ended January 31, 2023 the Company issued 1,840,300 common shares at $0.01 per share to 27 shareholders in consideration of $18,403.

There were 4,840,300 shares of common stock issued and outstanding as of January 31, 2023.

During the quarter ended April 30, 2023, the Company issued 440,000 common shares to few individuals at $0.01 per share in consideration of $4,400.

There were 5,280,300 shares of common stock issued and outstanding as of April 30, 2023.

During the quarter ended July 31, 2023, the Company issued 215,000 common shares to few individuals at $0.01 per share in consideration of $2,150.

There were 5,495,300 shares of common stock issued and outstanding as of July 31, 2026.

NOTE 6 – COMMITMENTS AND CONTINGENCIES

Our sole officer and director, Guy Pirotsky, has agreed to provide his own premise under office needs. He will not take any fee for these premises, it is for free use.

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NOTE 7 – INCOME TAXES

On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (“Tax Reform Act”). The legislation significantly changes U.S. tax law by, among other things, lowering corporate income tax rates, implementing a territorial tax system and imposing a transition tax on deemed repatriated earnings of foreign subsidiaries. The Tax Reform Act permanently reduces the U.S. corporate income tax rate from a maximum of 35% to a flat 21% rate, effective January 1, 2018.

The reconciliation of income tax benefit (expenses) at the U.S. statutory rate at 21% for the period ended as follows:

Reconciliation of income tax
		July 31, 2026
Tax benefit (expenses) at U.S. statutory rate		$	(553	)
Change in valuation allowance			553
Tax benefit (expenses), net		$	–

The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets are as follows:

Schedule of deferred taxes
		July 31, 2026
Net operating loss		$	23,631
Valuation allowance			(23,631	)
Deferred tax assets, net		$	–

The Company has accumulated approximately $112,530 of net operating losses (“NOL”) carried forward to offset future taxable income up to 20 years, if any, in future years which begin to expire in year 2038. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized.

NOTE 8 – SUBSEQUENT EVENTS

In accordance with ASC 855-10 the Company has analyzed its operations subsequent to July 31, 2026 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements.

The extent of the impact of the coronavirus (“COVID-19”) outbreak on the financial performance of the Company will depend on future developments, including the duration and spread of the outbreak and related advisories and restrictions and the impact of COVID-19 on the overall economy, all of which are highly uncertain and cannot be predicted. If the overall economy is impacted for an extended period, the Company’s future operating results may be materially adversely affected.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "August," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what April occurs in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Employees and Employment Agreements

At present, we have no employees other than our officer and director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we August adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees.

Results of Operation

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

Three Months Ended July 31, 2026:

During the three months ended July 31, 2026, we have generated $14,400 revenue.

Our net loss for the three months ended July 31, 2026 was $2,635. Operating expenses consist of mainly professional fees, consulting expenses and depreciation expenses.

During the three months ended July 31, 2025, we have generated $13,200 revenue.

Our net loss for the three months ended July 31, 2025 was $4,024. Operating expenses consist of mainly professional fees, consulting expenses and depreciation expenses.

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Liquidity and Capital Resources

As of July 31, 2026, our total assets were $13,418 consisting of escrow account and Mobile Application and Website Development.

Current Liabilities
Interest Payable		$	18,275
Total Current Liabilities		$	18,275
Long term Liabilities
Director Loan		$	39,420
Promissory Note			43,000
Total Long term Liabilities		$	82,420
Total Liabilities		$	100,695

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For three months ended July 31, 2026, net cash flows used in operating activities was $1,560 consisting of:

CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)		$	(2,635	)
Interest Payable			1,075
CASH FLOWS USED IN OPERATING ACTIVITIES		$	(1,560	)

Cash Flows from Investing Activities

We have generated positive cash flows from investing activities. For three months ended July 31, 2026 and 2025, net cash flows used in investing activities was $2,151 for both periods.

Cash Flows from Financing Activities

We have generated positive cash flows from financing activities. For three months ended July 31, 2026, net cash flows used in financing activities was $6,112.

Plan of Operation and Funding

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

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Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing August not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we August not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.

Off-Balance Sheet Arrangements

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.

Going Concern

The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

No report required.

Item 4. Controls and Procedures

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of July 31, 2026. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting since Inception on February 21, 2022 ended July 31, 2026 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

No report required.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

No report required.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5. OTHER INFORMATION

During the three months ended July 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.

ITEM 6. EXHIBITS

Exhibit		Description
31.1		Certification of the Company’s Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
32.1		Certification of the Company’s Principal Executive Officer and Principal Financial pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002**
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)*
101.SCH		Inline XBRL Taxonomy Extension Schema Document*
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document*
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document*
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document*
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document*
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)*

 _____________

*	Filed herewith.
**	Furnished and not filed

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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.

August 24, 2026	Natics Corp.
	By:	/s/ Guy Pirotsky
		Guy Pirotsky, President, Secretary,
		Treasurer, Principal Executive Officer,
		Principal Financial Officer and
		Principal Accounting Officer and
		Director

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