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, 2025 OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
☐
For the transition period from to
Commission file number: 333-215884
ALEXANDER TECH CORP.
(Exact name of registrant as specified in its charter)
Delaware | 80-0914174 |
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
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6161 Fleetwood Court, San Jose, CA | 95120 |
(Address of principal executive offices) | (Zip Code) |
(519) 619-4370 | |
(Registrant’s telephone number, including area code) | |
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N/A | |
(Former name, former address and former fiscal year, if changed since last report) | |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
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None | N/A | N/A |
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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 a checkmark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted 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 and post such files). Yes ☑ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | ☐ | Accelerated filer | ☐ |
Non-accelerated filer | ☑ | Smaller reporting company | ☑ |
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| 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 check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☑ No ☐
As of August 1, 2026, the registrant had 268,725 outstanding shares of common stock.
FORM 10-Q
TABLE OF CONTENTS
PART I – FINANCIAL INFORMATION
ParticularsIndex | |
Item 1. Financial Statements | F–2 |
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Balance Sheets as of July 31, 2025, and April 30, 2025 | F–2 |
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Statements of Operations for the Three Months ended July 31, 2025 and 2024 | F–3 |
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Statements of Shareholders’ Deficit for the Three Months ended July 31, 2025 and 2024 | F–4 |
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Statements of Cash Flows for the Three Months ended July 31, 2025 and 2024 | F–5 |
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Notes to the Financial Statements | F–6 |
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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 10 |
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Item 4. Controls and Procedures | 12 |
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PART II – OTHER INFORMATION |
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Item 6. Exhibits | 13 |
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SIGNATURES | 13 |
Alexander Tech Corp
Item 1. Financial Statements Balance Sheets
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| July 31, 2025 (unaudited) |
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April 30, 2025 | ||
ASSETS |
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Current Assets |
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Cash |
| $ | 10,831 |
| $ | 10,856 |
Prepaid expenses |
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| – |
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| – |
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Total Assets |
| $ | 10,831 |
| $ | 10,856 |
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LIABILITIES AND STOCKHOLDERS’ DEFICIT |
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Current Liabilities |
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Account payable and accrued liabilities |
| $ | 9,873 |
| $ | 615 |
Due to related party |
| $ | 337,125 |
| $ | 324,875 |
Advances payable |
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$ |
42,001 |
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$ |
42,001 |
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Total Liabilities |
| $ | 388,999 |
| $ | 367,491 |
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Commitments and contingencies |
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| – |
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Stockholders’ Deficit |
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Preferred Stock, 25,000,000 shares authorized, $0.0000001 par value; 0.48 shares issued and outstanding at July 31, 2025 and April 30, 2025 |
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– |
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– |
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Class A Common Stock, 700,000,000 shares authorized, $0.0000001 par value; 268,725 shares issued and outstanding at July 31, 2025 and April 30, 2025 |
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– |
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– |
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Class B Common Stock, 200,000,000 shares authorized, $0.0000001 par value; no shares issued and outstanding at July 31, 2025 and April 30, 2025 |
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– |
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– |
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Class C Common stock, 75,000,000 shares authorized, $0.0000001 par value; no shares issued and outstanding at July 31, 2025 and April 30, 2025 |
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– |
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– |
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Additional paid-in capital |
| $ | 454,216 |
| $ | 454,216 |
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Accumulated deficit |
| $ | (832,384) |
| $ | (810,851) |
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Total Stockholders’ Deficit |
| $ | (336,168) |
| $ | (356,635) |
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Total Liabilities and Stockholders’ Deficit |
| $ | 10,831 |
| $ | 10,856 |
(The accompanying notes are an integral part of these financial statements)
F-2
Alexander Tech Corp Statements of Operations
(unaudited)
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| Three Months Ended July 31 |
| Three Months Ended July 31, |
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| 2024 |
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Revenue |
| $ | – |
| $ | – |
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Expenses |
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General and administrative |
| $ | (22,148) |
| $ | (10,900) |
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Other Income |
| $ | 615 |
| $ | – |
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Net Profit/(Loss) before provision for income tax |
| $ | (21,533) |
| $ | (10,900) |
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Provision for income tax |
| $ | – |
| $ | – |
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Net Profit/ (Loss) |
| $ | (21,533) |
| $ | (10,900) |
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Net Profit/ (Loss) Per Common Share – Basic and Diluted |
| $ | (0.08) |
| $ | (0.04) |
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Weighted Average Number of Common Shares Outstanding – Basic and Diluted |
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| 268,725 |
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| 268,725 |
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(The accompanying notes are an integral part of these financial statements) F-3
Alexander Tech Corp
Statements of Shareholders’ Deficit (unaudited)
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| Preferred Stock |
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| Class A Common Stock |
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| Class B Common Stock |
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| Class C Common Stock |
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| Additional Paid-In Capital |
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| Accumulated Deficit |
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Total |
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Three Months Ended |
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Balance – April 30, 2024 |
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0.48 |
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$ |
– |
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268,725 |
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$ |
– |
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– |
$ |
– |
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– |
$ |
– |
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$ |
454,216 |
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$ |
(759,590 |
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$ |
(305,374 |
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Net loss for the period |
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– |
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– |
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– |
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– |
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– |
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– |
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– |
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– |
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– |
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(10,900 |
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(10,900 |
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Balance – July 31, 2024 |
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0.48 |
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$ |
– |
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268,725 |
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$ |
– |
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– |
$ |
– |
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– |
$ |
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$ |
454,216 |
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$ |
(770,490 |
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$ |
(316,274 |
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Balance – April 30, 2025 |
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0.48 |
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$ |
– |
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268,725 |
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$ |
– |
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– |
$ |
– |
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– |
$ |
– |
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$ |
454,216 |
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$ |
(810,851 |
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$ |
(356,635 |
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Net Loss for the period |
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– |
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– |
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– |
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(21,533) |
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(21,533) |
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Balance – July 31, 2025 |
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0.48 |
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$ |
– |
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268,725 |
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$ |
– |
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– |
$ |
– |
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– |
$ |
– |
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$ |
454,216 |
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$ |
(832,384 |
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$ |
(378,168 |
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) )
) )
) )
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(The accompanying notes are an integral part of these financial statements)
F-4
Alexander Tech Corp Statements of Cash Flows (unaudited)
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| Three Months Ended July 31, |
| Three Months Ended July 31, | ||
| 2025 |
| 2024 | ||
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Operating Activities: |
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Net Loss | $ | (21,533) |
| $ | (10,900) |
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Adjustments to reconcile net loss to net cash used in operating activities: |
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Foreign exchange (loss) gain on amount due to related party | $ | – |
| $ | (109) |
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Changes in operating assets and liabilities: |
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Accounts payable and accrued liabilities | $ | 9,258 |
| $ | – |
Prepaid expenses | $ | – |
| $ | 1,420 |
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Net Cash Used in Operating Activities | $ | (12,275) |
| $ | (9,589) |
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Financing Activities: |
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Proceeds of loan from the related party | $ | 212,250 |
| $ | 9,465 |
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Repayment of loan to the related party | $ | (200,000) |
| $ | – |
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Net Cash Provided by Financing Activities | $ | 12,250 |
| $ | 9,465 |
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Change in Cash | $ | (25) |
| $ | (124) |
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Cash – Beginning of Period | $ | 10,856 |
| $ | 10,459 |
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Cash – End of Period | $ | 10,831 |
| $ | 10,335 |
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Supplemental Disclosures: |
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Interest paid | $ | – |
| $ | – |
Income taxes paid | $ | – |
| $ | – |
(The accompanying notes are an integral part of these financial statements) F-5
Alexander Tech Corp.
Notes to the Financial Statements
July 31, 2025
(unaudited)
1. | Business Description |
Alexander Tech Corp (the “Company”) was incorporated in the State of Delaware on August 17, 2005. The Company is a Blank Check Company which plans to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business with one or more businesses. On July 14, 2018, the Company entered into a Letter of Intent with an unrelated third party. Following the change in control of the Company in 2021, the LOI was abandoned by the parties and has not been pursued thereafter. Except for this Letter of Intent, the Company has not identified any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. On January 12, 2022, the Company changed its name from The Diamond Cartel Inc. to Alexander Tech Corp.
2. | Going Concern |
These financial statements have been prepared on a going concern basis, which contemplates the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenue since its inception. As of July 31, 2025, the Company has a working capital deficiency of
$378,168 and has accumulated losses of $832,384 since inception. These factors, among others, raise substantial doubt regarding the Company’s ability to continue as a going concern. The continuation of the Company as a going concern is dependent upon the continued financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company intends to fund its activities through debt and equity financing arrangements. There is no assurance that the Company will obtain the necessary financing to complete its objectives.
3. | Summary of Significant Accounting Policies |
a) | Basis of Presentation |
The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial statements and with Rule 8-03 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company at July 31, 2025, and the results of operations and cash flows for the periods presented. The results of operations for the three months ended July 31, 2025, are not necessarily indicative of the operating results for the full fiscal year or any future period. These unaudited financial statements should be read in conjunction with the Form 10-K for the year ended April 30, 2025. The Company has an April 30 year-end.
b) | Use of Estimates |
The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to deferred income tax asset valuations. The Company bases its estimates and assumptions on current facts,
historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
c) | Recent Accounting Pronouncements |
The Company has implemented all new pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
4. | Other Income |
Other income as of July 31, 2025, of $615, relates to the reversal of an accrued professional fee that management determined was no longer payable. The amount includes writeback of a provision created for professional fees which is no longer payable. Management determined that these obligations no longer existed and accordingly recognized the write-off as Other income during the year.
5. | Advances Payable |
On July 14, 2018, the Company executed a Letter of Intent (the "LOI") with a corporation incorporated in Chile (the "Corporation"). Pursuant to the LOI, the Corporation agreed to (i) exchange 100% of its issued and outstanding shares for shares of the Company's common stock, (ii) provide funding of up to $500,000 to the Company, and (iii) enter into a consulting agreement with the Company's then President.
During the year ended April 30, 2019, the Corporation paid professional fees totaling $42,220 on behalf of the Company. These amounts were recorded as advances payable. Since initial recognition, the balance has remained substantially unchanged, with only minor adjustments arising from foreign exchange fluctuations.
The share exchange contemplated under the LOI was never completed. Following the change in control of the Company in 2021, the LOI was abandoned by the parties and has not been pursued thereafter. Although the underlying Letter of Intent was abandoned, management has not concluded that the related obligation has been legally settled, released, or otherwise extinguished. Accordingly, the liability continues to be recognized.
As of July 31, 2025, the Company reported advances payable of $42,001 (April 30, 2025 – $42,001), representing professional fees paid by the Corporation on behalf of the Company.
6. | Related Party Transactions |
As of July 31, 2025, and April 30, 2025, the Company was indebted to a company controlled by the current President of the Company for $337,125 and $324,875, respectively, which relates to a transfer of debt from the former President of the Company and expenses incurred on behalf of the Company. During the year, the related party advanced an additional $212,250 to the Company, of which $200,000 was repaid, resulting in a net increase of $12,250 in the related party balance during the period. These amounts are non-interest bearing, unsecured, and are due on demand.
7. | Share Capital |
On January 12, 2022, the Company amended its Articles of Incorporation, terminating the designation of 54,000 shares of authorized and unissued preferred shares as Series A Preferred Stock, increasing the
number of Preferred Stock authorized from 1,000,000 with a par value of $0.001, to 25,000,000 with a par value of $0.0000001, terminating the designation of 200,000,000 shares of Common Stock authorized, amended the authorization to issue 700,000,000 Class A Common Stock with a par value of
$0.0000001, 200,000,000 Class B Common Stock with a par value of $0.0000001, and 75,000,000 Class C Common Stock with a par value of $0.0000001, and effectuated a reverse stock split of all of the Company’s outstanding shares of Common Stock into Class A Common Stock by a ratio of 1:0.3, which resulted in 268,725 Class A Common Stock issued and outstanding.
Our current Articles of Incorporation authorize our Board of Directors to issue up to 700,000,000 Class A common shares par value of $0.0000001, each Class A share shall have one vote for one share. 200,000,000 Class B common shares par value of $0.0000001, each Class B share shall have 10 votes for one share 75,000,000 Class C common shares par value of $0.0000001, each Class C share shall have 0 votes for one share, and 25,000,000 Preferred shares par value $0.0000001 each preferred share carries no voting power.
As of July 31, 2025 and April 30, 2025, we had 268,725 outstanding shares of common stock which were owned by approximately 40 shareholders of record.
There were no share transactions during the three months ended July 31, 2025 or 2024.
8. | Subsequent Events |
Management has evaluated subsequent events through August 1, 2026, the date that these financial statements were issued. There have been no events that would require adjustment to or disclosure in the financial statements.
9. | Basic and Diluted Net Income (Loss) Per Share |
The Company computes net income (loss) per share in accordance with ASC 260, Earnings per Share which requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including convertible debt, stock options, and warrants, using the treasury stock method, and convertible securities, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
10. | Income Taxes |
Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740, Income Taxes as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.
ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Company has no material uncertain tax positions for any of the reporting periods presented.
11. Fair Value
Accounting standards regarding fair value of financial instruments define fair value, establish a three-level hierarchy which prioritizes and defines the types of inputs used to measure fair value, and establish disclosure requirements for assets and liabilities presented at fair value on the balance sheets. Fair value is the amount that would be received from the sale of an asset or paid for the transfer of a liability in an orderly transaction
between market participants. A liability is quantified at the price it would take to transfer the liability to a new obligor, not at the amount that would be paid to settle the liability with the creditor.
The three-level hierarchy is as follows:
·Level 1 inputs consist of unadjusted quoted prices for identical instruments in active markets.
·Level 2 inputs consist of quoted prices for similar instruments.
·Level 3 valuations are derived from inputs which are significant and unobservable and have the lowest priority.
Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The carrying amounts reported in the balance sheet for amounts due to related party approximate their fair market value based on the short-term maturity of these instruments.
(The accompanying notes are an integral part of these financial statements)
F-6
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ITEM 2. |
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
Executive Overview
We are a “blank check” Company incorporated on August 17, 2005 as a Delaware corporation. We plan to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On July 14, 2018 we had entered into a Letter of Intent with an unrelated third party. Except for this Letter of Intent, we have not identified any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with respect to identifying any business combination target.
Until we complete an acquisition, we may seek to raise additional funds through a private offering of debt or equity to fund our operations, including the costs associated with being a public company. We are not a party to any arrangement or understanding with any third party with respect to raising any additional capital.
We have neither engaged in any operations nor generated any revenues to date. Our only activities since inception have been organizational activities. We may not generate any operating revenues until after the completion of a business combination. There has been no significant change in our financial condition and no material adverse change has occurred since inception. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.
On July 1, 2021, the former President of the Company entered into a stock purchase agreement with 9A Technologies and Holdings LLC, a company controlled by the current President of the Company, to sell 166,988 shares of the Company’s common stock. The total shares sold under the stock purchase agreement represent 62% of the total shares outstanding. On June 10, 2021, 9A Technologies and Holdings, LLC made a $45,000 non-refundable deposit towards the stock purchase, and on July 9, 2021, 9A Technologies and Holdings, LLC made an additional non-refundable deposit of $13,850 towards amounts paid by the former President on behalf of the Company subsequent to the date of the agreement. On September 29, 2021, 9A Technologies and Holdings, LLC made the final $405,000 payment towards the stock purchase, which effected the close of the agreement. Upon closing of the Agreement, the former President of the Company transferred 166,988 shares of the Company’s common stock to 9A Technologies and Holdings, LLC, who then became the majority shareholder. In addition, upon final payment being made, the former President of the Company transferred to 9A Technologies and Holdings, LLC $117,076 of debt that was owed to the former President of the Company at the time of transfer.
On October 7, 2021, Mr. Atlidakis resigned as an officer and director of the Company and Mr. Paras Shah was appointed as the Chief Executive Officer and a director of the Company.
On January 12, 2022, the Company changed its name from The Diamond Cartel Inc. to Alexander Tech Corp.
As of July 31, 2025, we owed 9A Technologies and Holdings, LLC $337,125 for a transfer of debt from the former President of the Company and expenses incurred on our behalf. The amount we owe 9A Technologies and Holdings, LLC, is non-interest bearing, unsecured, and due on demand.
As of July 31, 2025, we did not have any off-balance sheet arrangements and did not have any commitments or contractual obligations.
See Note 3 to our financial statements included as part of this report for a description of our critical accounting policies and the potential impact of the adoption of any new accounting pronouncements.
Liquidity and Capital Resources
A critical component of our operating plan impacting our continued existence is the ability to obtain additional capital through additional equity and/or debt financing. We do not anticipate generating sufficient positive internal operating cash flow until such time as we can deliver our products to market and generate substantial revenues, which may take the next full year to fully realize, if ever. In the event that we cannot obtain the necessary capital to pursue our strategic plan, we may have to significantly curtail our operations. This would materially impact our ability to continue operations.
SUMMARY OF BALANCE SHEET |
| July 31, 2025 |
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| April 30, 2025 |
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Cash and cash equivalents |
| $ | 10,831 |
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| $ | 10,856 |
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Total current assets |
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| 10,831 |
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| 10,856 |
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Total assets |
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| 10,831 |
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| 10,856 |
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Total liabilities |
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| 388,999 |
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| 367,491 |
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Accumulated deficit |
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| (832,384) |
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| (810,851 | ) |
Total stockholders’ deficit |
| $ | (378,168 | ) |
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| (356,635 | ) |
For the three months ended July 31, 2025, the Company recorded a net loss of $21,533 and at July 31, 2025, had a working capital deficit of $378,168. Since inception we had not established an ongoing source of revenue sufficient to cover our operating costs, however, in this quarter there is a write-back of provision for professional fees payable, which results in increase in Other income therefore we have seen the reduction in loss for this period ended July 31 2025. During the three months ended July 31, 2025, we primarily relied upon advances and loans from related parties to fund our operations. The Company has relied on raising debt and equity capital in order to fund its ongoing day-to-day operations and its corporate overhead. We had $10,831 in cash on July 31, 2025, compared to $10,856 in cash on April 30, 2025. We had total liabilities of $388,999 on July 31, 2025, compared to $367,491 on April 30, 2025.
Our current cash flow is not sufficient to meet our monthly expenses of approximately $4,000 and to fund future research and development adequately. We intend to rely on additional debt financing, loans from existing stockholders, and private placements of common stock for additional funding. However, there is no assurance that additional funding will be available. We do not have material commitments for future capital expenditures. However, we cannot assure you that we will be able to obtain short-term financing, or that sources of such financing, if any, will continue to be available, and if available, that they will be on favorable terms.
Results of Operations
Three Months Ended July 31, 2025, and 2024
SUMMARY OFThree-month period ended OPERATIONSJuly 31, | ||||||||
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| (Unaudited) |
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| 2025 |
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| 2024 |
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Revenues |
| $ | – |
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| $ | – |
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Total operating expenses |
| $ | (22,148) |
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| $ | (10,900) |
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Other Income |
| $ | 615 |
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| $ | – |
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Net Profit/(loss) |
| $ | (21,533) |
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| $ | (10,900) |
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Net Profit/ (loss) attributable to common stockholders’ |
| $ | (21,533) |
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| $ | (10,900) |
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Basic Profit/ (loss) per share |
| $ | (0.08) |
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| $ | (0.04) |
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Diluted Profit/ (loss) per share |
| $ | (0.08) |
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| $ | (0.04) |
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Total operating expenses increased to $22,148 during the three months ended July 31,2025, compared to $10,900 during the three months ended July 31, 2024. The increase during the period was primarily due to an increase in general and administrative expenses relating to an increase in consulting and professional fees.
Other Income increased to $615 during the three months ended July 31, 2025, compared to $0 during the three months ended July 31, 2024. Other Income increased to $615 during the three months ended July 31, 2025, primarily due to the reversal of an accrued professional fee that management determined was no longer payable.
Critical Accounting Policies
Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.
We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. A complete summary of these policies is included in note 3 of our financial statements. In general, management’s estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.
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ITEM 4. |
CONTROLS AND PROCEDURES |
Evaluation of Disclosure Controls and Procedures
Under the direction and with the participation of the Company’s management, including the Company’s Chief Executive and Chief Financial Officer, the Company has conducted an evaluation of the effectiveness of the design and operation of its disclosure controls and procedures as of July 31, 2025. The Company maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in its periodic reports with the Securities and Exchange Commission is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and regulations, and that such information is accumulated and communicated to the Company’s management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. The Company’s disclosure controls and procedures are designed to provide a reasonable level of assurance of reaching its desired disclosure control objectives. Based on the evaluation, the Chief Executive and Chief Financial Officer concluded that the Company’s disclosure controls and procedures were not effective as of July 31, 2025.
Changes in Internal Control over Financial Reporting
During the period ended July 31, 2025, there were no changes in the Company’s internal controls that materially affected, or are reasonably likely to materially affect the Company’s internal control over financial reporting.
PART II OTHER INFORMATION ITEM 6. EXHIBITS
ExhibitDescription of Document Number | ||
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31.1 |
| Certification of Principal Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, (filed herewith) |
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31.2 |
| Certification of Principal Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, (filed herewith) |
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32 |
| Certifications of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) |
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.
| ALEXANDER TECH CORP. | |
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Dated: August 1, 2026, 10-Q | By: | /s/ Paras Shah |
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| Paras Shah |
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| Principal Executive Officer |
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| By: | /s/ Paras Shah |
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| Paras Shah |
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| Principal Financial and Accounting Officer |
Alexander Tech Corp July 2025 10-Q