DSFT 10-K & 10-Q changes, risk factors and insider trading
DeltaSoft Corp · OTC · Services-Computer Programming Services · CIK 2020919 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Risk Factors
Not applicable to smaller reporting companies.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
New heading “Cash Flows from (used in) Investing Activities”
New heading “Cash Flows from (provided by) Financing Activities”
Removed heading “Cash Flows from Investing Activities”
Removed heading “Cash Flows from Financing Activities”
Largest changes
For thesee in full comparisonyearyears ended March 31,20252026 andfor the period from January 4, 2024 (inception) through March 31, 20242025:
During thesee in full comparisonyearyears ended March 31,20252026 andfor the2025,period from January 4, 2024 (inception) through March 31, 2024,the Company generated$46,431$37,918 and$0$46,431 of revenue, respectively. The decrease in revenue was primarily due to a reduction in the number of customers. The cost of goods sold for theyearyears ended March 31,20252026 andfor the period from January 4, 2024 (inception) through March 31, 2024,2025, was$12,300$15,100 and$0,$12,300, respectively.The increase in total revenue was due to an overall increase in sales volume.
Full comparison: every changed paragraph (24)
For the yearyears ended March 31, 20252026 and for
the period from January 4, 2024 (inception) through March 31, 20242025:
During the yearyears ended March 31, 20252026 and for the2025,
period from January 4, 2024 (inception) through March 31, 2024, the Company generated $46,431$37,918 and $0$46,431 of revenue, respectively. The decrease in revenue was primarily due to a reduction in the number
of customers. The cost
of goods sold for the yearyears ended March 31, 20252026 and for the period from January 4, 2024 (inception) through March 31, 2024,2025, was $12,300
$15,100 and $0,$12,300, respectively. The increase in total revenue was due to an overall increase in sales volume.
Total expenses for the year ended March 31, 2026, were $36,575 consisting of general and administrative expenses ($16,382) and professional fees ($20,193). Total expenses for the year ended March 31, 2025, were $34,592 consisting of general and administrative expenses ($20,540) and professional fees ($14,052). Expenses increased in the current period compared to the prior year period primarily due to amortization expenses and higher professional fees.
Total expenses for the year ended March 31, 2025
were $34,592 consisting of general and administrative expenses ($20,540) and professional fees ($14,052). Total expenses for the period
from January 4, 2024 (inception) through March 31, 2024, were $273 consisting of general and administrative expenses ($74) and professional
fees ($199). Expenses increased due to the Company’s operational activities.
For the year ended March 31, 2025 and for the
period from January 4, 2024 (inception) through March 31, 2024, the company recorded a net loss of $461 and $273, respectively.
The other comprehensivenon-operating income for the yearyears ended
March 31, 20252026 and for the period from January 4, 2024 (inception) through March 31, 2024,2025, were $34$13,681 and $0, respectively. The other non-operating income consists of debt forgiveness.
For the years ended March 31, 2026 and 2025, the company recorded a net loss of $76 and $461, respectively.
The other comprehensive income (loss) for the years ended March 31, 2026 and 2025, were $(210) and $34, respectively.
As of March 31, 20252026
and 2024,2025, the Company’s total assets were $82,972$73,338 and $3,531,$82,972, respectively. Total assets were comprised of $38,771$25,470 in cash ($3,531$38,771
as of March 31, 20242025), and $44,201$20,000 in intangibleprepaid assetsexpenses ($0 as of March 31, 20242025) and $27,868 in intangible assets ($44,201 as of March 31,
2025). As of March 31, 2025,2026, our total liabilities were $34,470 ($43,818
($304 as of March 31, 20242025) consisting of $32,687$8,239 in accounts payable
($0$32,687 as of March 31, 20242025) and $11,131$26,231 in director loan ($304$11,131 as
of March 31, 20242025).
Cash Flows from (used in) Operating Activities
For the year ended March 31, 2025 and for the
period from January 4, 2024 (inception) through March 31, 2024, net cash flows used in operating activities was $37,059 and $273, respectively.
Cash Flows from Investing Activities
For the year ended March 31, 2025 and for the
period from January 4, 2024 (inception) through March 31, 2024, net cash flows used in investing activities was $49,000 and $0, respectively.
Cash Flows from Financing Activities
For the yearyears ended March 31, 20252026 and for the
period from January 4, 2024 (inception) through March 31, 2024,2025, net
cash flows provided by financing(used in) operating activities was $47,181$(28,401) and $3,804,
$37,059, respectively.
Cash used in operating activities for the year ended March 31, 2026, can be attributed to net loss of $286 adjusted for $16,333 in amortization, and changes in prepaid expenses of $20,000, and accounts payable of $24,448.
Cash Flows from (used in) Investing Activities
For the years ended March 31, 2026 and 2025, net cash flows used in investing activities was $0 and $49,000, respectively.
Cash flows from investing activities for the year ended March 31, 2025, consisted of capitalized software development costs
Cash Flows from (provided by) Financing Activities
For the years ended March 31, 2026 and 2025, net cash flows provided by financing activities was $15,100 and $47,181, respectively.
Cash flows provided by financing activities for the year ended March 31, 2026, consisted of proceeds from related party loan. Cash flows provided by financing activities for the year ended March 31, 2025, consisted of proceeds from the sale of common stock ($36,354) and proceeds from related party loan ($10,827).
Our audited financial statements and the accompanying notes thereto found elsewhere in this report contain a description of recent accounting pronouncements.
The Company has reviewed all the recent accounting
pronouncements issued to date of the issuance of these financial statements, and does not believe any of these pronouncements will have
a material impact on the Company’s financial reporting.
What changed in the latest 10-Q
Risk Factors
Not required for smaller reporting companies.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Removed heading “Nine Months Periods Ended December 31, 2025 and 2024:”
Removed heading “Plan of Operation and Funding”
Largest changes
“As of the date of this Form 10-Q, the current funds available to the Company should be sufficient to continue maintaining our reporting status until we raise funds from our offering. In case raising funds will take longer than planned, or our short-term expenses exceed our expectations, the company’s sole officer and director, Andrey Novokhatski, has indicated that he may be willing to provide funds required to maintain the reporting status in the form of a non-secured loan until minimum required proceeds are obtained by the Company. …”see in full comparison
As ofsee in full comparisonDecemberJune31,30,20252026, and March 31,2025,2026, the Company’s total assets were$64,589$55,762 and$82,972,$73,338, respectively. Total assets were comprised of$12,637$8,449 in cash ($38,771$25,470 as of March 31,20252026), $20,000 in prepaid expenses ($0$20,000 as of March 31,20252026) and$31,952$27,313 in intangible assets ($44,201$27,868 asasof March 31,20252026). As ofDecemberJune31,30,2025,2026, our total liabilities were$40,892$26,455 ($43,818$34,470 as of March 31,20252026) consisting of$21,761$224 in accountsaccountspayable ($32,687$8,239 as of March 31,20252026) and$19,131$26,231 in director loan ($11,131$26,231 as of March 31,20252026).
“Total expenses for the three months ended December 31, 2025, were $7,676 consisting of general and administrative expenses ($4,095) and professional fees ($3,581). Total expenses for the three months ended December 31, 2024, were $4,549 consisting of general and administrative expenses ($2,249) and professional fees ($2,300). Expenses increased in the current period compared to the prior year period primarily due to amortization expenses and higher professional fees.”see in full comparison
“During the three months ended December 31, 2025 and 2024, the Company generated $11,564 and $8,372 of revenue, respectively. Revenue increased compared to the prior-year quarter primarily due to a higher-priced project recognized in the current quarter. The cost of goods sold for the three months ended December 31, 2025 and 2024 was $4,000 and $3,000, respectively.”see in full comparison
Full comparison: every changed paragraph (16)
Three Months Periods Ended DecemberJune 31,30, 2026
2025 and 20242025:
During the three months ended December 31, 2025
and 2024, the Company generated $11,564 and $8,372 of revenue, respectively. Revenue increased compared to the prior-year quarter primarily
due to a higher-priced project recognized in the current quarter. The cost of goods sold for the three months ended December 31, 2025
and 2024 was $4,000 and $3,000, respectively.
Total expenses for the three months ended December
31, 2025, were $7,676 consisting of general and administrative expenses ($4,095) and professional fees ($3,581). Total expenses for the
three months ended December 31, 2024, were $4,549 consisting of general and administrative expenses ($2,249) and professional fees ($2,300).
Expenses increased in the current period compared to the prior year period primarily due to amortization expenses and higher professional
fees.
For the three months ended December 31, 2025 and
2024, the company recorded a net income (loss) of $(112) and $823, respectively.
The total other comprehensive income for the three
months ended December 31, 2025 and 2024 were $76 and $0, respectively.
Nine Months Periods Ended December 31, 2025
and 2024:
During the ninethree months ended DecemberJune 31,30, 20252026 and
and 2024,2025, the Company generated $21,673$0 and $36,356$10,109 of revenue, respectively. The decrease in revenue was primarily due to a reduction
in the number of customers. The cost of goods sold for the ninethree months ended DecemberJune 31,30, 2026 and
2025 was $0 and 2024 was $8,000 and $7,000,$4,000, respectively.
Total expenses for the ninethree months ended DecemberJune
31,30, 2025,2026, were $29,206$9,736 consisting of general and administrative expenses ($12,277$5,413) and professional fees ($16,929$4,323). Total expenses for the
the ninethree months ended DecemberJune 31,30, 20242025, were $16,581$4,979 consisting of general and administrative expenses ($5,931$4,083) and professional fees
($10,650$896).
Expenses increased in the current period compared to the prior year period primarily due to amortization expenses and higher professional
professional fees.
For the ninethree months ended DecemberJune 31,30, 20252026 and 2025,
2024, the company recorded a net income (loss) of $(15,5339,736) and $12,775,$1,130, respectively.
The total other comprehensive income for the ninethree
months ended DecemberJune 31,30, 2026 and 2025 and 2024 were $76$175 and $34,$0, respectively.
As of DecemberJune 31,30, 20252026,
and March 31, 2025,2026, the Company’s total assets were $64,589$55,762 and $82,972,$73,338, respectively. Total assets were comprised of $12,637$8,449 in
cash ($38,771$25,470 as of March 31, 20252026), $20,000 in prepaid expenses ($0$20,000 as of March 31, 20252026) and $31,952$27,313 in intangible assets ($44,201$27,868
as as
of March 31, 20252026). As of DecemberJune 31,30, 2025,2026, our total liabilities were $40,892$26,455 ($43,818$34,470 as of March 31, 20252026) consisting of $21,761$224 in accounts
accounts payable ($32,687$8,239 as of March 31, 20252026) and $19,131$26,231 in director loan ($11,131$26,231 as of March 31, 20252026).
For the ninethree months ended DecemberJune 31,30, 20252026 and 2025,
2024, net cash flows used in operating activities were $34,134$13,285 and $14,338,$14,788, respectively.
For the ninethree months ended DecemberJune 31,30, 20252026 and 2025,
2024, net cash flows from investing activities were $0$3,736 and $27,000.$0.
For the ninethree months ended DecemberJune 31,30, 20252026 and 2025,
2024, net cash flows provided by financing activities were $8,000$0 and $22,906,$4,000, respectively.
Plan of Operation and Funding
As of the date of this Form 10-Q, the current
funds available to the Company should be sufficient to continue maintaining our reporting status until we raise funds from our offering.
In case raising funds will take longer than planned, or our short-term expenses exceed our expectations, the company’s sole officer
and director, Andrey Novokhatski, has indicated that he may be willing to provide funds required to maintain the reporting status in the
form of a non-secured loan until minimum required proceeds are obtained by the Company. However, there is no contract in place or written
agreement securing this agreement. We believe that we will obtain this loan from our director as he is the majority owner of the company
and therefore has an incentive to finance us.
DSFT insider buying and selling (Form 4)
Since 2026-04-11, insiders reported open-market purchases in 0 Form 4 filings and open-market sales in 0 filings. Totals add up every open-market (code P and S) line in those filings, using the prices reported in the filings. Awards, option exercises, tax withholding and gifts are listed below but not counted.
No Form 4 stock transactions in this period.
Well-known investors holding DSFT (13F)
None of the 59 investors we track reported a position in their latest 13F.