Summary of Significant Accounting Policies (Policies) |
12 Months Ended | ||||||||||||||||||||
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Apr. 30, 2026 | |||||||||||||||||||||
| Accounting Policies [Abstract] | |||||||||||||||||||||
| Basis of Presentation | Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America "US GAAP" and are presented in US dollars. The Company has adopted an April 30 fiscal year-end. |
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| Fair Value of Financial Instruments | Fair Value of Financial Instruments For the Company's financial instruments, which comprise cash, accounts payable, and advances payable to its sole officer and director, their carrying amounts are approximate to their fair value. This alignment is due to the short timeframe between their inception and their expected realization. Fair value is classified into three levels: Level 1: Based on observable inputs, such as active market quoted prices. Level 2: Based on inputs other than active market quoted prices that are either directly or indirectly observable. Level 3: Based on unobservable inputs, necessitating an entity to develop its own assumptions due to a lack of market data. Consistent with the above, the carrying value of cash and the Company's loan from its shareholder also approximates fair value due to their short-term maturity.
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| Use of Estimates | Use of Estimates Preparing financial statements in accordance with generally accepted accounting principles necessitates management's use of estimates and assumptions. These estimates influence the reported values of assets and liabilities, the disclosure of contingent assets and liabilities at the financial statement date, and the reported revenues and expenses during the period. Actual outcomes may vary from these estimates.
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| Cash and Cash Equivalents | Cash and Cash Equivalents The Company defines cash equivalents as highly liquid instruments bought with a maturity of three months or less, provided they are not held for investment. As of April 30, 2026 and 2025, our cash balance was $4,798 and $4,000, respectively.
F-8 |
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| Prepaid Expenses | Prepaid Expenses Prepaid expenses are amounts paid to secure the use of assets or the receipt of services at a future date or continuously over one or more future periods. When the prepaid expenses are eventually consumed, they are charged to expense. As of April 30, 2026 and 2025, prepaid expenses amounted to $9,750 and $0, respectively. The balance will be amortized on a straight-line basis over the applicable service period.
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| Impairment of Long-Lived Assets | Impairment of Long-Lived Assets The Company evaluates the recoverability of its long-lived assets, or asset groups, in accordance with ASC 360. This assessment is performed whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. In alignment with ASC 360, the Company utilizes a two-step impairment test: Recoverability Test: The Company first compares the carrying amount of the asset group to the sum of the undiscounted future cash flows expected to result from the use and eventual disposition of the group. Measurement of Loss: If the asset group is not recoverable under Step 1, an impairment loss is recognized for the amount by which the carrying amount exceeds its fair value. Assets held for sale are separately categorized and valued at the lower of carrying amount or fair value less costs to sell.
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| Net Income (Loss) per Common Share |
Net income (loss) per common share is calculated according to FASB Accounting Standards Codification ("ASC") 260, "Earnings Per Share." Basic net income (loss) per common share is determined by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share is calculated by dividing net income (loss) by the weighted average number of common shares and all potentially dilutive common shares outstanding during the period. This reflects the potential dilution from common shares that could be issued through contingent share arrangements, stock options, and warrants. No potentially dilutive common shares were outstanding for the period included. The following table presents the calculation of basic and diluted net loss per share: F-9
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| Revenue Recognition | Revenue Recognition
The Company has adopted Accounting Standards Codification No. 606, Revenue from Contracts with Customers ("ASC 606"), as its revenue recognition policy, and applies this guidance upon commencement of revenue-generating activities. Under ASC 606, revenue will be recognized when promised goods or services are transferred to the customer. The revenue amount recognized should reflect the total consideration the company expects to receive for these goods or services. The Financial Accounting Standards Board (FASB) developed a five-step approach to guide entities in determining when and how much revenue to recognize: Step 1: Identify the contract with a customer. Step 2: Identify the performance obligations within the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to each performance obligation. Step 5: Recognize revenue as (or when) each performance obligation is satisfied. The Company generates revenue from subscriptions to its AI Business Plan Generator API and Business Name Generator API, which are offered under monthly subscription plans and annual license arrangements. Each subscription represents a single performance obligation satisfied over time, as the customer simultaneously receives and consumes the benefit of API access provided by the Company throughout the subscription period. For monthly subscriptions, revenue is recognized ratably over the one-month service period. For annual licenses, the Company receives payment in advance of providing access to the service; because the customer benefits from unlimited API access is provided evenly over the twelve-month license term, the Company recognizes the associated revenue on a straight-line basis over that term. Amounts collected in advance of revenue recognition are recorded as deferred revenue, a contract liability, and are recognized as revenue as the Company satisfies its performance obligation over the remaining contract term. For the year ended April 30, 2026 and for the period from February 20, 2025 (Inception) to April 30, 2025 the Company recorded revenue of $49,961 and $0, respectively. Deferred revenue was $15,751 and $0 Accounts receivable was $0 as of April 30, 2026 and 2025, respectively.
F-10
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| Cost of Revenue | Cost of Revenue Cost of revenue consists of costs directly attributable to delivering the Company's API-based subscription services to customers. For the year ended April 30, 2026, cost of revenue totaled $50,570, comprised of amortization of the Company's capitalized website and API software of $9,270, platform maintenance expenses of $23,300, consisting of third-party website and API optimization, stabilization, and support services, and server lease expenses of $18,000 for hosting infrastructure supporting the Company's platform. These costs are expensed as incurred, except for amortization, which is recognized on a straight-line basis over the estimated useful life of the underlying capitalized asset. |
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| Intangible Assets | Intangible Assets Intangible assets consist of internal-use software, including website development and API development costs, capitalized in accordance with ASC 350-40, Internal-Use Software. Capitalization of software development costs begins when the preliminary project stage is complete and management authorizes the project. Capitalized costs are amortized on a straight-line basis over their estimated useful lives of five years once the assets are placed in service. The Company reviews intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Amortization of the Company's capitalized website and API software is classified as cost of revenue, as these assets constitute the platform through which the Company's revenue-generating services are delivered to customers. Amortization expense of $9,270 was recorded within cost of revenue for the year ended April 30, 2026; no amortization was recorded for the period ended April 30, 2025, as these assets had not yet been placed in service. |
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| Income Taxes | Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance on deferred tax assets is established when management considers it is more likely than not that some portion or all of the deferred tax assets will not be realized. Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. Interest and penalties related to unrecognized tax benefits are recorded as incurred as a component of income tax expense. The Company has not recognized any tax benefits from uncertain tax positions for any of the reporting periods presented. F-11 |
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| Foreign Currency | Foreign Currency The U.S. dollar serves as the Company's functional and reporting currency. For transactions that take place in foreign currencies, management follows ASC 830, "Foreign Currency Matters." Monetary assets and liabilities held in foreign currencies are translated using the exchange rate active on the balance sheet date. Non-monetary assets and liabilities in foreign currencies are translated at the exchange rates in effect when the transaction occurred. Revenues and expenses are translated using average monthly rates. Any gains and losses resulting from the translation or settlement of foreign currency denominated transactions or balances are recognized in the Statement of Operations.
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| Dividends | Dividends The Company has no dividend policy in place and has not paid any dividends during the periods shown.
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| Stock Issuance Costs | Stock Issuance Costs
Direct and incremental costs directly attributable to the Company's public offering, consisting of legal fees and SEC registration fees totaling $1,518, were netted against the gross proceeds of the offering and recorded as a reduction of additional paid-in capital, in accordance with ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5.A.
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| Segment Reporting | Segment Reporting The company operates as a single operating and reporting segment, engaged in developing AI-based business plans for startups. Our Chief Executive Officer is our Chief Operating Decision Maker, (“CODM”) who evaluates performance and makes operating decisions about allocating resources considering our single geographical area and on a consolidated basis. Accordingly, the CODM considers the revenue and operating expenses of our single operating segment as reported on the statement of operations and considers our current and total assets as recorded on the balance sheet. There are no additional expense or asset information that are supplemental to those disclosed in these financial statements that are regularly provided to the CODM.
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| Recent Accounting Pronouncements | Recent Accounting Pronouncements In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires incremental disclosures about specific expense categories, including but not limited to, purchases of inventory, employee compensation, depreciation, amortization and selling expenses. The amendments are effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted and the amendments may be applied either prospectively or retrospectively. The Company is currently evaluating this ASU to determine its impact on the Company’s disclosures. The amendments only impact disclosures and are not expected to have an impact on the Company’s financial condition and results of operations. |