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10-K true 2026-04-30 --04-30 false 333-288757 VENYRA CORPORATION WY 30-1439127 309 Coffeen Avenue STE 1200 Sheridan WY 82801 562 312-6022 No No Yes Yes Non-accelerated Filer true true true false false false 0 5564000 6771 Victor Mokuolu, CPA PLLC Houston, Texas

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Note 1 – Nature of Business Venyra Corporation (“the Company”) was incorporated under the laws of the State of Wyoming, U.S. on February 20, 2025 (Inception). Venyra Corporation is a technology-driven company developing a platform with AI-powered services aimed at simplifying and enhancing the startup journey. Our mission is to empower entrepreneurs, solopreneurs, and small business teams by providing them with innovative, efficient, and user-friendly tools for business planning, branding, and strategic development. We developed an Application Programming Interface ("the API") which can be accessible via our website https://venyra.net/#api. Users are able to have access and test our API-based services directly through the website, including the generation of business plans ("Al Business Plan Generator"), brand names ("Business Name Generator"), and other key strategic deliverables. Our primary offering is the Al-powered Business Plan Generator API, a service that assist users in creating structured, comprehensive business plans related to their specific industry and strategic objectives. Also, we have committed to develop a logo generator as a complementary tool for those looking for automatically generate logo concepts that fit a brand. We intend to integrate Al-powered services and a news and insights section into our website, thereby transforming it into a comprehensive platform.

Note 2 – Going Concern The financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The Company has incurred net losses since inception and has not yet achieved profitable operations. Venyra Corporation generated revenue of $49,961 and incurred a net loss of $39,688 for the year ended April 30, 2026. As of April 30, 2026, the Company had cash of $4,798 and an accumulated deficit of $41,117, and further losses are anticipated in the development of its business. The Company's ability to continue is dependent upon its ability to generate sufficient revenues and to obtain additional financing. As a result, these factors raise substantial doubt about the Company's ability to continue as a going concern for a period of at least one year from the date these financial statements are issued. Management intends to fund its operational expenses for the upcoming year using a combination of cash on hand, loans from directors, and/or proceeds from a private offering of Common Stock. There can be no assurance that such financing will be available on acceptable terms, or at all. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. F-7

49961

39688

41117

Note 3 – Summary of Significant Accounting Policies 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. 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. 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. 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 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. 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. 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 <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt; text-align: center; width: 44%; vertical-align: top"> </td> <td style="padding: 4pt 6pt; vertical-align: top; width: 3%; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding: 4pt 6pt; text-align: center; width: 25%; vertical-align: top"> Year Ended April 30, 2026</td> <td style="padding: 4pt 6pt; vertical-align: top; width: 3%; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding: 4pt 6pt; text-align: center; width: 25%; vertical-align: top"> Period from February 20, 2025 (Inception) to April 30, 2025</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Net loss</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(39,688)</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(1,429)</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Weighted average common shares outstanding - basic and diluted</td> <td style="padding: 4pt 6pt; text-align: center"> </td> <td style="border-bottom: Black 1.5pt double; padding: 4pt 6pt; text-align: right">4,425,796</td> <td style="padding: 4pt 6pt; text-align: center"> </td> <td style="border-bottom: Black 1.5pt double; padding: 4pt 6pt; text-align: right">114,286</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Net loss per common share - basic and diluted</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(0.01)</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(0.01)</td></tr> </table> 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 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. 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. 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 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. Dividends The Company has no dividend policy in place and has not paid any dividends during the periods shown. 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. 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. 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. The Company considers all new pronouncements and management has determined that there have been no other recently adopted or issued accounting standards that had or will have a material impact on its financial statements. F-12

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.

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.

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.

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

4798

4000

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.

9750

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.

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 <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt; text-align: center; width: 44%; vertical-align: top"> </td> <td style="padding: 4pt 6pt; vertical-align: top; width: 3%; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding: 4pt 6pt; text-align: center; width: 25%; vertical-align: top"> Year Ended April 30, 2026</td> <td style="padding: 4pt 6pt; vertical-align: top; width: 3%; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding: 4pt 6pt; text-align: center; width: 25%; vertical-align: top"> Period from February 20, 2025 (Inception) to April 30, 2025</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Net loss</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(39,688)</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(1,429)</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Weighted average common shares outstanding - basic and diluted</td> <td style="padding: 4pt 6pt; text-align: center"> </td> <td style="border-bottom: Black 1.5pt double; padding: 4pt 6pt; text-align: right">4,425,796</td> <td style="padding: 4pt 6pt; text-align: center"> </td> <td style="border-bottom: Black 1.5pt double; padding: 4pt 6pt; text-align: right">114,286</td></tr> <tr style="vertical-align: top"> <td style="padding: 4pt 6pt">Net loss per common share - basic and diluted</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(0.01)</td> <td style="padding: 4pt 6pt; text-align: center">$</td> <td style="padding: 4pt 6pt; text-align: right">(0.01)</td></tr> </table>

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

49961 0

5751

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.

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.

9270

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

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.

Dividends The Company has no dividend policy in place and has not paid any dividends during the periods shown.

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.

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.

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.

Note 4 – Intangible Assets The Company capitalizes costs related to developed software, including its website and API, in accordance with ASC 350-40, Internal-Use Software. Capitalization commences when the preliminary project stage is complete and management authorizes the project. These costs are amortized on a straight-line basis over an estimated useful life of five years. Intangible assets amounts are as follows: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="vertical-align: middle; width: 49%; font-size: 11pt; text-align: center"> </td> <td style="vertical-align: middle; width: 2%; padding-right: 12.15pt; padding-left: 0.1pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: middle; width: 15%; padding-right: 4.3pt; padding-left: 0.1pt; font-size: 11pt; text-align: center">Website Development</td> <td style="vertical-align: middle; width: 2%; padding-right: 4.6pt; padding-left: 0.2pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: middle; width: 15%; padding-right: 4.9pt; padding-left: 0.05pt; font-size: 11pt; text-align: center">API Development</td> <td style="vertical-align: middle; width: 2%; padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: middle; width: 15%; padding-right: 4.2pt; padding-left: 0.05pt; font-size: 11pt; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 4.5pt; font-size: 11pt; text-align: justify">Estimated Useful Life (Years)</td> <td style="padding-right: 12.15pt; padding-left: 0.1pt; font-size: 11pt; text-align: center"> </td> <td style="padding-right: 3.45pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">5</td> <td style="padding-right: 4.6pt; font-size: 11pt; text-align: justify"> </td> <td style="padding-right: 4.9pt; padding-left: 0.05pt; font-size: 11pt; text-align: right">5</td> <td style="padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center"> </td> <td style="padding-right: 4.2pt; padding-left: 0.05pt; font-size: 11pt; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 2.5pt; font-size: 11pt">Total Cost of the Asset</td> <td style="padding-left: 0.1pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 3.45pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">19,300</td> <td style="padding-right: 3.45pt; padding-left: 0.2pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4.9pt; padding-left: 3.3pt; font-size: 11pt; text-align: right">55,460</td> <td style="padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">74,760</td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 2.5pt; font-size: 11pt">Accumulated Amortization at April 30, 2026</td> <td style="padding-left: 0.1pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-right: 3.45pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">(3,978)</td> <td style="padding-right: 3.45pt; padding-left: 0.2pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-right: 4.9pt; padding-left: 3.3pt; font-size: 11pt; text-align: right">(5,292)</td> <td style="padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-right: 4pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">(9,270)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 2.5pt; font-size: 11pt">Net Book Value at April 30, 2026</td> <td style="padding-left: 0.1pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 3.45pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">15,322</td> <td style="padding-right: 3.45pt; padding-left: 0.2pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4.9pt; padding-left: 3.3pt; font-size: 11pt; text-align: right">50,168</td> <td style="padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">65,490</td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 2.5pt; font-size: 11pt">Accumulated Amortization at April 30, 2025</td> <td style="padding-left: 0.1pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 3.45pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">-</td> <td style="padding-right: 3.45pt; padding-left: 0.2pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4.9pt; padding-left: 3.3pt; font-size: 11pt; text-align: right">-</td> <td style="padding-right: 3.75pt; padding-left: 3.3pt; font-size: 11pt; text-align: center">$</td> <td style="border-bottom: Black 1pt solid; padding-right: 4pt; padding-left: 0.1pt; font-size: 11pt; text-align: right">-</td></tr> </table> Intangible assets include the website and API software developed with assistance from third parties. The website was put into operation on April 20, 2025, at a total capitalized cost of $19,300. The API was initially developed and put into operation on July 24, 2025, and subsequently expanded to incorporate the AI Business Name Generator functionality, which was completed and put into operation on January 15, 2026, bringing the total capitalized cost of the API to $53,160. The API underwent further improvements, raising its total capitalized cost to $55,460. As of April 30, 2026, we've capitalized $74,760. These costs are being amortized over a five-year period, resulting in an expected amortization expense of $1,246 per month. We have $9,270 amortization charges for the year ended April 30, 2026. The estimated aggregate amortization expense for each of the five succeeding fiscal years as of April 30, 2026 is as follows: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="border-bottom: Black 1pt solid; width: 60%; padding-right: 5.4pt; padding-left: 5.4pt">Fiscal Year</td> <td style="border-bottom: Black 1pt solid; width: 40%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">Amortization Expense</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">2027</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$14,952</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">2028</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$14,952</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">2029</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$14,952</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">2030</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$14,952</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2031</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$5,682</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Total</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$65,490</td></tr> </table>

74760

Note 5 – Capital Stock The Company has 75,000,000 common shares authorized with a par value of $0.001 per share. On April 29, 2025 the Company issued 4,000,000 shares of common stock to its President and Sole Director, Juvenal Victor Fontes Dos Santos, at $0.001 per share. The shares were issued as founder shares in connection with the formation and initial capitalization of the Company and were not issued as compensation for future services. On February 17, 2026, the Company finalized its public offering of common stock pursuant to its effective Form S-1 Registration Statement. In connection with the offering, the Company issued an aggregate of 1,564,000 shares of Common Stock, par value $0.001 per share, to 30 shareholders of record. The shares were issued at a price of $0.03 per share, generating total cash proceeds of $46,920. Direct incremental legal and other professional fees of $1,518 attributable to the offering were netted against the proceeds in accordance with ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5.A, resulting in net proceeds of $45,402, of which $1,564 was recorded as common stock and $43,838 was recorded as additional paid-in capital. As of April 30, 2026, the Company had 5,564,000 shares issued and outstanding. F-13 On February 17, 2026, the Company finalized its public offering of common stock pursuant to its effective Form S-1 Registration Statement. In connection with the offering, the Company issued an aggregate of 1,564,000 shares of Common Stock, par value $0.001 per share, to 30 shareholders of record. The shares were issued at a price of $0.03 per share, generating total cash proceeds of $46,920, of which $1,564 was recorded as common stock and $45,356 was recorded as additional paid-in capital. As of April 30, 2026, the Company had 5,564,000 shares issued and outstanding.

5564000

Note 6 – Related Party Transactions The Company may receive advances from related parties to meet its financial needs until it becomes self-sustaining or secures enough funding through equity sales or traditional debt. As of April 30, 2026, the CEO and sole director of the Company had advanced $56,002 under the original loan agreement dated March 3, 2025 for advances up to $150,000. The loan is non-interest bearing and it is payable on demand. The advanced funds received were used for general working capital purposes, including the development and capitalization of the Company's intangible assets and other operating expenses

56002

Note 7 – Commitments and Contingencies Litigation The Company was not subject to any legal proceedings.

Note 8- Income Taxes The Company has no tax position at April 30, 2026, for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties at April 30, 2026. The Company’s utilization of any net operating loss carryforward may be unlikely as a result of its intended activities. The income tax provision differs from the amount of income tax determined by applying the statutory income tax rates to pretax income from continuing operations for the period ended April 30, 2026, due to the following: The following table presents the components of the deferred tax asset: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_49A_20260430_zK2PX9b4eMFf" style="border-bottom: Black 1pt solid; text-align: center">April 30, 2026</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_499_20250430_z0fYy0zuW5P7" style="border-bottom: Black 1pt solid; text-align: center">April 30, 2025</td></tr> <tr id="xdx_40D_eus-gaap--OperatingLossCarryforwards_iI_z2kFPT2qxKyb" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net operating loss carryforward</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">41,117</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">1,429</td></tr> <tr style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Effective tax rate</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetInterestCarryforward_iI_zJE1w2GAWGUk" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Deferred tax asset</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,635</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">300</td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_zbbLgJ3a0WS5" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Less: valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(8,635)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(300)</td></tr> <tr id="xdx_40D_eus-gaap--DeferredTaxAssetsNet_iI_zOzv88cq4ilk" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net deferred asset</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr> <td style="width: 59%"> </td> <td style="width: 1%"> </td> <td style="width: 3%"> </td> <td style="width: 17%"> </td> <td style="width: 3%"> </td> <td style="width: 17%"> </td></tr> </table> F-14 Below is a comparison of the actual tax benefit with the expected benefit (at a rate of 21%) as of April 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_494_20250501__20260430_zACW7qbuE374" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2026</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_491_20250221__20250430_zULCJBXUqEpj" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2025</td></tr> <tr id="xdx_40F_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefit_zvKO0ysiIPCb" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Computed “expected” tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(8,334)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(300)</td></tr> <tr id="xdx_407_eus-gaap--ValuationAllowanceDeferredTaxAssetChangeInAmount_zk9T4mk6AF5i" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,334</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">300</td></tr> <tr id="xdx_405_eus-gaap--CurrentIncomeTaxExpenseBenefit_z6HalWEF3W6c" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Actual tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> </table> Due to the uncertainty regarding their realization, the deferred tax benefits from unutilized tax losses are offset by a full valuation allowance. Pursuant to ASC 740, management concluded that there are no significant uncertain tax positions requiring disclosure beyond what is already presented. Due to the uncertainty regarding their realization, the deferred tax benefits from unutilized tax losses are offset by a full valuation allowance. The Company adopted ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The following table presents a reconciliation of the U.S. federal statutory income tax rate to the Company's effective tax rate for the period ended April 30, 2026, disaggregated by the nature and jurisdiction of each reconciling item, as required by ASU 2023-09: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="border-bottom: Black 1pt solid; width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Reconciling Item</td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Jurisdiction</td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Rate</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Amount</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Tax at U.S. federal statutory rate</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Federal</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> (8,334)</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">State income tax, net of federal benefit</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Wyoming</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">0.0%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">0</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Federal</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,334</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Effective income tax rate / provision</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">0.0%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">0</td></tr> </table> The U.S. federal statutory rate of 21% applied to the net loss of $39,688 for the period results in a computed tax benefit of $8,334. The full benefit is offset by an equal increase in the valuation allowance, resulting in an effective tax rate of 0% and no income tax provision or benefit for the period.

The following table presents the components of the deferred tax asset: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_49A_20260430_zK2PX9b4eMFf" style="border-bottom: Black 1pt solid; text-align: center">April 30, 2026</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_499_20250430_z0fYy0zuW5P7" style="border-bottom: Black 1pt solid; text-align: center">April 30, 2025</td></tr> <tr id="xdx_40D_eus-gaap--OperatingLossCarryforwards_iI_z2kFPT2qxKyb" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net operating loss carryforward</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">41,117</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">1,429</td></tr> <tr style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Effective tax rate</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">21%</td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetInterestCarryforward_iI_zJE1w2GAWGUk" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Deferred tax asset</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,635</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">300</td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_zbbLgJ3a0WS5" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Less: valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(8,635)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(300)</td></tr> <tr id="xdx_40D_eus-gaap--DeferredTaxAssetsNet_iI_zOzv88cq4ilk" style="vertical-align: top"> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net deferred asset</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr> <td style="width: 59%"> </td> <td style="width: 1%"> </td> <td style="width: 3%"> </td> <td style="width: 17%"> </td> <td style="width: 3%"> </td> <td style="width: 17%"> </td></tr> </table> F-14 Below is a comparison of the actual tax benefit with the expected benefit (at a rate of 21%) as of April 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_494_20250501__20260430_zACW7qbuE374" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2026</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_491_20250221__20250430_zULCJBXUqEpj" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2025</td></tr> <tr id="xdx_40F_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefit_zvKO0ysiIPCb" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Computed “expected” tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(8,334)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(300)</td></tr> <tr id="xdx_407_eus-gaap--ValuationAllowanceDeferredTaxAssetChangeInAmount_zk9T4mk6AF5i" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,334</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">300</td></tr> <tr id="xdx_405_eus-gaap--CurrentIncomeTaxExpenseBenefit_z6HalWEF3W6c" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Actual tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> </table>

41117

1429

8635

300

8635

300

Below is a comparison of the actual tax benefit with the expected benefit (at a rate of 21%) as of April 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_494_20250501__20260430_zACW7qbuE374" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2026</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_491_20250221__20250430_zULCJBXUqEpj" style="border-bottom: Black 1pt solid; width: 17%; text-align: center">April 30, 2025</td></tr> <tr id="xdx_40F_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefit_zvKO0ysiIPCb" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Computed “expected” tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(8,334)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(300)</td></tr> <tr id="xdx_407_eus-gaap--ValuationAllowanceDeferredTaxAssetChangeInAmount_zk9T4mk6AF5i" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8,334</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">300</td></tr> <tr id="xdx_405_eus-gaap--CurrentIncomeTaxExpenseBenefit_z6HalWEF3W6c" style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">Actual tax expense (benefit)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">$</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> </table>

-8334

-300

8334

300

Note 9– Subsequent Events Consistent with ASC 855, Subsequent Events, the Company evaluated subsequent events through July 29, 2026, the date these financial statements were filed, and concluded that there are no significant subsequent events to disclose in these financial statements.