DISCONTINUED OPERATIONS

9 Months Ended

Jan. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

NOTE 10 – DISCONTINUED OPERATIONS

At April 30, 2025 NAPC Defense, Inc. decided to discontinue its treasure and shipwreck recovery business in order to focus on its defense related business. Accordingly, the Company categorized its treasure and shipwreck recovery business as discontinued operations for the three and nine month periods ended January 31, 2026 and 2025.

The operating results for discontinued operations have been presented in the accompanying consolidated statements of operations for the nine month period ended January 31, 2026 and 2025, respectively, as discontinued operations and are summarized below:

		January 31, 2026				January 31, 2025
Total revenue		$	-			$	-
Operating expenses			-				-
Income from operations			-				-
Other expenses			-				-
Loss from operations of discontinued operations		$	-			$	149,825

The operating results for discontinued operations have been presented in the accompanying consolidated statements of operations for the three month period ended January 31, 2026 and 2025, respectively, as discontinued operations and are summarized below:

		January 31, 2026				January 31, 2025
Total revenue		$	-			$	-
Operating expenses			-				-
Income from operations			-				-
Other expenses			-				-
Loss from operations of discontinued operations		$	-			$	-

The assets and liabilities of the discontinued operations at January 31, 2026 and April 30, 2025 are summarized below:

		January 31, 2026				April 30, 2025
Current assets		$	-			$	-
Other assets			-				-
Total Assets of discontinued operations, current			-				-

Property and equipment, net			-				-
Assets of discontinued operations, non-current			-
Total Assets		$	-			$	-

Contingent liability			-				-
Liabilities of discontinued operations, current			-				-

Liabilities of discontinued operations, non-current			-				-
Total Liabilities		$	-			$	-

Property and equipment

Fixed assets, at cost, for the discontinued operations consisted of the following at January 31, 2026 and April 30, 2025:

		January 31, 2026				April 30, 2025
Fixed Assets
Diving Vessel		$	-			$	36,390
Magnetometer			-				-
Diving Vessel (Boston Whaler)			-				-
Diving Vessel (Commander)			-				-
Accumulated Depreciation			-				(36,390	)
Fixed Assets, Net		$	-			$	-

Depreciation expense for the discontinued operations for the six months ended January 31, 2026 and 2024 was $0 and $3,436 respectively.

Impairment expense for the discontinued operations for the six months period ended January 31, 2026 and 2024 was $0 and $22,340 respectively.