ELVX 10-K & 10-Q changes, risk factors and insider trading
Elventix Technology Corp · OTC · Services-Computer Processing & Data Preparation · CIK 2076765 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Comparison not available: Not available: fewer than two 10-K filings on EDGAR to compare (only one so far)..
What changed in the latest 10-Q
Risk Factors
As a smaller reporting company, we are not required to provide the information required by this Item.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
“In addition, Elventix Technology Corporation plans to offer subscription-based access to an API that provides a selection of news sources, which will be personalized and filtered. The Company’s objective is to improve access to timely and relevant information while minimizing non-essential or excessive content. The API is designed to seamlessly integrate into third-party platforms and workflows, providing structured, standardized, and continuously updated access to news content. …”see in full comparison
“Over the long term, the Company aims to consolidate its position as a leading global news aggregator, diversify revenue streams, expand into multimedia content, enhance AI-driven personalization, strengthen social and community features, and maintain sustainable and socially responsible operations. Potential challenges include evolving user preferences, technological changes, competition, regulatory compliance, and operational complexity associated with global expansion.”see in full comparison
“In the near term, the Company will focus on user acquisition, engagement, and strategic partnerships to broaden content offerings. Over the medium term, Elventix Technology Corporation plans to pursue international expansion, localization, and the application of emerging technologies, including artificial intelligence and machine learning, to deliver more relevant and personalized content. The Company also anticipates hiring additional personnel and securing partnerships to support growth initiatives.”see in full comparison
Elventix Technology Corporation was formed as a Wyoming corporation. On May 15, 2025, the Company entered into an Application Sale Agreement with Smarterest Incorporated to acquire the “Smarterest” mobile application in full, including the underlying source code and all associated intellectual property rights. The acquisition was financed through a Promissory Note executed on the same date, later amended on November 13, 2025, to correct a reference and extend the maturity date to December 31, 2025. On December 31, 2025, Smarterest Incorporated assigned all of its rights, title, and interest under the Promissory Note, including the outstanding principal amount of approximately $163,000, to 360 DIGITAL LLC. The Company received formal notice of the assignment and, following such notice, all payments under the Promissory Note are payable to 360 DIGITAL LLC. The assignment does not alter or discharge the Company’s obligations under the Promissory Note, which remain in full force and effect.see in full comparison
“Elventix Technology Corporation plans to enhance the existing codebase with the goal of releasing the first version of the “Smarterest” application on the App Store and Google Play Store. The Company is actively working on refining and expanding the application's features to ensure a seamless and engaging user experience.”see in full comparison
“Elventix Technology Corporation also intends to expand its market presence and user base both domestically and internationally. The Company plans to continue investing in technology and innovation to improve content personalization, expand content offerings, enhance user experience, and optimize monetization strategies.”see in full comparison
Full comparison: every changed paragraph (20)
In addition, Elventix Technology Corporation plans to offer subscription-based access to an API that provides a selection of news sources, which will be personalized and filtered. The Company’s objective is to improve access to timely and relevant information while minimizing non-essential or excessive content. The API is designed to seamlessly integrate into third-party platforms and workflows, providing structured, standardized, and continuously updated access to news content. It will offer a curated selection of news sources, enhanced by flexible filtering and personalization capabilities based on user-defined preferences and categories.
Elventix Technology Corporation was formed as a Wyoming corporation. On May 15, 2025, the Company entered into an Application Sale Agreement with Smarterest Incorporated to acquire the “Smarterest” mobile application in full, including the underlying source code and all associated intellectual property rights. The acquisition was financed through a Promissory Note executed on the same date, later amended on November 13, 2025, to correct a reference and extend the maturity date to December 31, 2025. On December 31, 2025, Smarterest Incorporated assigned all of its rights, title, and interest under the Promissory Note, including the outstanding principal amount of approximately $163,000, to 360 DIGITAL LLC. The Company received formal notice of the assignment and, following such notice, all payments under the Promissory Note are payable to 360 DIGITAL LLC. The assignment does not alter or discharge the Company’s obligations under the Promissory Note, which remain in full force and effect.
The Company owns the Smarterest
application and holds all exclusive, irrevocable rights to modify, develop, commercialize, and license the technology. The Company’s
operations are conducted from its mail forwarding address inare located at 1309 Coffeen Avenue STE 1200 Sheridan, Wyoming.Wyoming 82801.
The Company acquired full ownership of the Smarterest source code and all associated intellectual property rights, including derivative works, branding, and future enhancements. This allows the Company to expand and commercialize the platform without licensing restrictions.
Elventix Technology Corporation plans to enhance the existing codebase with the goal of releasing the first version of the “Smarterest” application on the App Store and Google Play Store. The Company is actively working on refining and expanding the application's features to ensure a seamless and engaging user experience.
Elventix Technology Corporation also intends to expand its market presence and user base both domestically and internationally. The Company plans to continue investing in technology and innovation to improve content personalization, expand content offerings, enhance user experience, and optimize monetization strategies.
In the near term, the Company will focus on user acquisition, engagement, and strategic partnerships to broaden content offerings. Over the medium term, Elventix Technology Corporation plans to pursue international expansion, localization, and the application of emerging technologies, including artificial intelligence and machine learning, to deliver more relevant and personalized content. The Company also anticipates hiring additional personnel and securing partnerships to support growth initiatives.
Over the long term, the Company aims to consolidate its position as a leading global news aggregator, diversify revenue streams, expand into multimedia content, enhance AI-driven personalization, strengthen social and community features, and maintain sustainable and socially responsible operations. Potential challenges include evolving user preferences, technological changes, competition, regulatory compliance, and operational complexity associated with global expansion.
The Company’s long-term
strategy focuses on platform development, user acquisition, and scalable monetization. Management has outlined several key initiatives
for the next 1, 3, 5, and 10 years, with priority emphasis on the following:
As of the date of this filing,
the Company does not have any full-time employees under employment agreements. The Company relies on independenttechnology contractors, technology
consultants, and third-party
development firms for engineering, design, testing, and administrative functions. As the Company scales operations
and prepares for commercial
deployment, management expects to hire personnel in areas such as software development, product management,
user acquisition, data science,
and customer support.
Results of Operations
for the three and sixnine months ended NovemberFebruary 30,28, 2025,2026, compared to May 31, 2025:
For the three and sixnine months ended NovemberFebruary 30,28, 2025,2026,
the Company generated no revenue.
Total expenses for the three and sixnine months ended
NovemberFebruary 30,28, 20252026 were $17,140$31,820 and $36,369$68,189 consisting of general and administrative expenses.
The company recorded a net loss of $17,140$31,820 and $36,369$68,189
for the three and sixnine months ended NovemberFebruary 30,28, 2025,2026, respectively.
As of NovemberFebruary 30,28, 20252026, we
have cash reserves of approximately $110$890 ($2,500 as of May 31, 2025) and our total liabilities are $239,329$256,157 ($210,737 as of May 31, 2025),
including decreasing
$25,538a promissory note payable of $163,000 ($188,538 as of May 31, 2025), comprisingand $54,130$92,709 ($22,0199$22,199 as of May 31, 2025) owed to Tallis
Mateus Mateus
Da Silva, our director.director, as a related-party loan payable. The available capital reserves of the Company are not sufficient for the
Company to remain operational.
Shareholders’Shareholders' equity (deficit)
has decreased
from $4,391$4,301 as of May 31, 2025 to $(32,06824,963) as of NovemberFebruary 30,28, 2025.2026.
The Company has accumulated
a anet loss of $68,189 for the nine months ended February 28, 2026, compared to an accumulated deficit of $36,568 as
of May 31, 2025, compared to $199 as of May 31, 2025, and
further losses are anticipated in the development of its business. Accordingly,
there is substantial doubt about the Company’sCompany's ability
to continue as a going concern.
Net cash used in operating activities
for the six
nine months ended NovemberFebruary 30,28, 2025,2026, was $14,182.$68,707.
Cash flows fromused in investing
activities for the sixnine months
ended NovemberFebruary 30,28, 2025,2026, was $16,800.
Cash flows fromprovided by financing
activities for the sixnine months
ended NovemberFebruary 30,28, 2025,2026, was $28,592.$83,897.
ELVX 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 ELVX (13F)
None of the 59 investors we track reported a position in their latest 13F.