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 quarter ended: ~~December~~March 31, ~~2024~~2025

☐ 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: 333-257458

CYTTA CORP.

(Exact name of registrant as specified in its charter)

Nevada

98-0505761

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

5450 W Sahara Ave Suite 300A

Las Vegas NV 89146

(Address of principal executive offices) (zip code)

(702) 900-7022

(Registrant’s telephone number, including area code)

Not applicable.

(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
None		N/A		N/A

Securities registered pursuant to Section 12(g) of the Act: Common Stock, $0.001 par value

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 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 check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 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 the 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 ☒ 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 ~~February~~September 1430, 2025, there were 470,237,826 shares outstanding of the registrant’s common stock, $0.001 par value per share.

CYTTA CORP.

INDEX

PART I. FINANCIAL INFORMATION
ITEM 1	Financial Statements (Unaudited)
	Balance Sheets as of December 31, 2024, and September 30, 2024 (Unaudited)	3
	Balance Sheets as of March 31, 2025 (unaudited), and September 30, 2024	3
	Statements of Operations for the three months ended December 31, 2024, and 2023 (Unaudited)	4
	Statements of Operations for the three and six months ended March 31, 2025, and 2024 (Unaudited)	4
	Statements of Changes in Stockholders’ Deficit for the three months ended December 31, 2024, and 2023 (Unaudited)	5
	Statements of Changes in Stockholders’ Equity (Deficit) for the three and six months ended March 31, 2025, and 2024 (Unaudited)	5
	Statements of Cash Flows for the three months ended December 31, 2024, and 2023 (Unaudited)	6
	Statements of Cash Flows for the six months ended March 31, 2025, and 2024 (Unaudited)	7
	Notes to Interim Unaudited Financial Statements	78
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	2225
ITEM 3.	Quantitative and Qualitative Disclosures About Market Risk	2528
ITEM 4.	Controls and Procedures	2528
PART II. OTHER INFORMATION
ITEM 1.	Legal Proceedings	2730
ITEM 1A.	Risk Factors	2730
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds	2730
ITEM 3.	Defaults Upon Senior Securities	2730
ITEM 4.	Mine Safety Disclosures	2730
ITEM 5.	Other Information	2730
ITEM 6.	Exhibits	2831

Table of Contents

CYTTA CORP BALANCE SHEETS ~~(Unaudited)~~

	December 31,			September 30,
	March 31,			September 30,
	2024			2024
	2025			2024
ASSETS	(unaudited)
Current Assets
Cash	$	1629,~~008,186~~061		$	1,439,835
Accounts receivable		230,835			-
Prepaid expenses- related party		351,091			421,334
Prepaid expenses – related party		421,334			421,334
Prepaid expenses- other		16,135			122,712
Prepaid expenses - other		53,171			122,712
Marketable securities at fair value		6,489,441			-
Total Current Assets		1,713,526			1,983,881
Security deposits		6,500			-
Prepaid expenses – related party, non-current		35,109			140,443
Total Current Assets		7,492,228			1,983,881
Property and equipment, net		40,573			50,867
Prepaid expenses, non-current		-			140,443
TOTAL ASSETS	$	1,789,208		$	2,175,191
Property and equipment, net		34,412			50,867
TOTAL ASSETS	$	7,526,640		$	2,175,191
LIABILITIES AND STOCKHOLDERS' DEFICIT
Liabilities
Current Liabilities
Accounts payable and accrued expenses	$	~~655~~609,~~324~~720		$	~~527~~524,~~678~~251
Related party liabilities		~~423~~403,~~997~~175			~~443~~413,093
Deferred revenue		195,524			2,914
Dividend payable		33,427			33,427
Convertible notes payable		1,438,950			1,438,950
Deferred revenue		416			2,914
Total Current Liabilities and Total Liabilities		2,713,795			2,412,635
Convertible notes payable		305,950			1,438,950
Total Current Liabilities and Total Liabilites		1,352,688			2,412,635
COMMITMENTS AND CONTINGENCIES		-			-
Stockholders' Deficit
Stockholders' Equity (Deficit)
Preferred stock par value $0.001; (100,000,000 shares authorized)
Series C Preferred Stock par value $0.001; (12,000,000 shares authorized and 600,000 shares issued and outstanding)		600			600
Series D Preferred Stock par value $0.001; (10,000,000 shares authorized and 50,000 shares issued and outstanding)		50			50
Series E Preferred Stock par value $0.001; (13,650,000 shares authorized and -0- issued and outstanding)		-			-
Series F Preferred Stock par value $0.001; (59,270,000 shares authorized and -0- issued and outstanding)		-			-
Common stock par value $0.001; (600,000,000 shares authorized and 469,877,826 shares issued and outstanding)		469,879			469,879
Common stock par value $0.001; (600,000,000 shares authorized and 470,237,826 (2025) and 469,877,826 (2024) shares issued and outstanding)		470,239			469,879
Additional paid in capital		3637,~~159~~073,~~919~~274			36,159,919
Accumulated deficit		(3731,~~555~~370,~~035~~211	)		(36,867,892	)
Total Stockholders' Deficit		(924,587	)		(237,444	)
Total Stockholders' Equity (Deficit)		6,173,952			(237,444	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	1,789,208		$	2,175,191
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	7,526,640		$	2,175,191

The accompanying notes are an integral part of these unaudited financial statements

Table of Contents

CYTTA CORP
STATEMENTS OF OPERATIONS
(Unaudited)

	For the Three Months Ended December 31,
	For the Three Months Ended March 31,						For the Six Months Ended March 31,
	2024			2023
	2025			2024			2025			2024
Revenues	$	381,~~225~~249		$	~~2,411~~-		$	2,498		$	2,411
Cost of revenues		18,~~459~~632			-			37,091			-
Gross Profit		19,766			2,411
Gross Profit (loss)		(17,383	)		-			(34,593	)		2,411
Operating Expenses:
General and administrative - related party		221,~~738~~340			~~213~~216,~~208~~834			443,078			430,042
General and administrative - other		~~420~~340,~~469~~694			~~777~~688,~~244~~876			761,163			1,466,120
Total operating expenses		~~642~~562,~~207~~034			~~990~~905,~~452~~710			1,204,241			1,896,162
Loss from Operations		(~~622~~579,~~441~~417	)		(~~988~~905,~~041~~710	)		(1,238,834	)		(1,893,751	)
Other expenses (income)
Interest expense		6473,~~702~~044			7182,~~287~~954			137,746			154,241
Interest income		-			(200	)
Loss on settlement of debt		787,637			-			787,637			-
Total Other Expenses (Income)		64,702			71,087
Interest income		-			(123	)		-			(323	)
Loss before income taxes		(687,143	)		(1,059,128	)
Gain on fair value change of marketable securities		(7,661,898	)		-			(7,661,898	)		-
Provision for income taxes		-			-
Total Other Expenses (Income)		(6,801,217	)		82,831			(6,736,515	)		153,918
Net loss	$	(687,143	)	$	(1,059,128	)
Income (loss) before income taxes		6,221,800			(988,541	)		5,497,681			(2,047,669	)
Loss per share, basic and diluted	$	(0.00	)	$	(0.00	)
Provision for income taxes		-			-			-			-
Weighted average shares outstanding Basic and Diluted		469,877,826			428,575,956
Net income (loss)	$	6,221,800		$	(988,541	)	$	5,497,681		$	(2,047,669	)
Income (Loss) per share, basic	$	0.01		$	(0.00	)	$	0.01		$	(0.00	)
Income (Loss) per share, diluted	$	0.01		$	(0.00	)	$	0.01		$	(0.00	)
Weighted average shares outstanding, basic		470,137,826			440,663,814			470,006,397			434,586,858
Weighted average shares outstanding, diluted		543,726,146			440,663,814			543,594,717			434,586,858
The accompanying notes are an integral part of these unaudited financial statements

The accompanying notes are an integral part of these statements

Table of Contents

Cytta Corp. STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) The ~~Three~~Six Months Ended ~~December~~March 31, ~~2024~~2025 (Unaudited)

																		Total
	Series C Preferred Stock				Series D Preferred Stock				Series E Preferred Stock				Series F Preferred Stock					Common Stock					Paid-in		Accumulated			Stockholders'Equity
	Series C Preferred Stock				Series D Preferred Stock				Common Stock				AdditionalPaid-in		Accumulated			Stockholders'Equity
	Shares		Amount		Shares		Amount		Shares		Amount		Shares		Amount			Shares			Amount		Capital		Deficit			(Deficit)
	Shares		Amount		Shares		Amount		Shares		Amount		Capital		Deficit			(Deficit)
Balance September 30, 2024		600,000	$	600		50,000	$	50		-	$	-		-	$	-			469,877,826		$	469,879	$	36,159,919	$	(36,867,892	)		(237,444	)
Balances September 30, 2024		600,000	$	600		50,000	$	50		469,877,826	$	469,879	$	36,159,919	$	(36,867,892	)		(237,444	)
Net loss for the three months ended December 31, 2024		-		-		-		-		-		-		-		-			-			-		-		(724,119	)		(724,119	)
Net loss for the three months ended December 31, 2024		-		-		-		-		-		-		-		(687,143	)		(687,143	)
Balance December 31, 2024		600,000		600		50,000		50		-		-		-		-			469,877,826			469,879		36,159,919		(37,592,011	)		(961,563	)
Balances December 31, 2024		600,000	$	600		50,000	$	50		469,877,826	$	469,879	$	36,159,919	$	(37,555,035	)	$	(924,587	)
Issuance of Reticulate Micro common stock for convertible notesand accrued interest conversion		-		-		-		-		-		-		-		-			-			-		905,579		-			905,579
Common stock issued for accounts payable and accrued liabilities		-		-		-		-		-		-		-		-			360,000			360		7,776		-			8,136
Net income for the three months ended March 31, 2025		-		-		-		-		-		-		-		-			-			-		-		6,221,800			6,221,800
Balance March 31, 2025		600,000	$	600		50,000	$	50		-	$	-		-	$	-			470,237,826		$	470,239	$	37,073,274	$	(31,370,211	)	$	6,173,952

Cytta Corp. STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) The Three Months Ended December 31, 2023 (Unaudited)

																		Total
	Series C Preferred Stock				Series D Preferred Stock				Common Stock				AdditionalPaid-in		Accumulated			Stockholders'Equity
	Shares		Amount		Shares		Amount		Shares		Amount		Capital		Deficit			(Deficit)
Balances September 30, 2023		600,000	$	600		50,000	$	50		426,831,170	$	426,832	$	31,915,639	$	(32,603,480	)	$	(260,359	)
Common stock and warrants issued for services		-		-		-		-		6,000,000		6,000		163,200		-			169,200
Common stock issued for accounts payable and accrued liabilities		-		-		-		-		1,887,750		1,888		48,893		-			50,781
Net loss for the three months ended December 31, 2023		-		-		-		-		-		-		-		(1,059,128	)		(1,059,128	)
Balances December 31, 2023		600,000	$	600		50,000	$	50		434,718,920	$	434,720	$	32,127,732	$	(33,662,608	)	$	(1,099,506	)

The accompanying notes are an integral part of these statements

Table of Contents

Cytta Corp. ~~STATEMENTS~~STATEMENT OF ~~CASH~~CHANGES ~~FLOWS~~IN STOCKHOLDERS' EQUITY (DEFICIT) The Six Months Ended March 31, 2024 (Unaudited)

	For the Three Months Ended December 31,
	Series C Preferred Stock						Series D Preferred Stock				Series E Preferred Stock				Series F Preferred Stock				Common Stock				Paid-in		Accumulated			Total
	2024			2023
	Shares			Amount			Shares		Amount		Shares		Amount		Shares		Amount		Shares		Amount		Capital		Deficit
CASH FLOWS FROM OPERATING ACTIVITIES
Balances September 30, 2023		600,000		$	600			50,000	$	50		-	$	-		-	$	-		426,831,170	$	426,832	$	31,915,639	$	(32,603,480	)	$	(260,359	)
Net loss	$	(687,143	)	$	(1,059,128	)
Common stock and warrants issued for services		-			-			-		-		-		-		-		-		6,000,000		6,000		163,200		-			169,200
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for accounts payable and accrued liabilities		-			-			-		-		-		-		-		-		1,887,750		1,888		48,893		-			50,781
Stock-based compensation expenses for services - related party		123,783			123,208
Net loss for the three months ended December 31, 2023		-			-			-		-		-		-		-		-		-		-		-		(1,059,128	)		(1,059,128	)
Stock-based compensation expenses for services – other		135,234			476,308
Balance Deember 31, 2023		600,000			600			50,000		50		-		-		-		-		434,718,920		434,720		32,127,732		(33,662,608	)		(1,099,505	)
Amortization of note discounts		-			15,353
Common stock issued for services		-			-			-		-		-		-		-		-		5,000,000		5,000		99,000		-			104,000
Loss on debt extinguishment		-			3,955
Common stock issued for accounts payable and accrued liabilities		-			-			-		-		-		-		-		-		2,227,661		2,228		44,108		-			46,336
Depreciation expense		10,294			10,576
Warrants vested to purchase common stock		-			-			-		-		-		-		-		-		-		-		272,299		-			272,299
Changes in Operating Assets and Liabilities:
Net loss for the three months ended March 31, 2024		-			-			-		-		-		-		-		-		-		-		-		(988,541	)		(988,541	)
Accounts receivable		(230,835	)		-
Balance March 31, 2024		600,000		$	600			50,000	$	50		-	$	-		-	$	-		441,946,581	$	441,948	$	32,543,139	$	(34,651,149	)	$	(1,665,411	)
Prepaid expenses – other		(11,747	)		63,285
Accounts payable and accrued liabilities		73,701			31,252
Accounts payable - related party		(37,546	)		13,040
Deferred revenue		192,610			(2,411	)
Net cash used in operating activities		(431,649	)		(324,562	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of short-term convertible notes payable		-			40,000
Net cash provided by financing activities		-			40,000
NET CHANGE IN CASH		(431,649	)		(284,562	)
CASH AT BEGINNING OF PERIOD		1,439,835			674,824
CASH AT END OF PERIOD	$	1,008,186		$	390,262
SUPPLEMENTAL CASH FLOW DISCLOSURES
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-
NON-CASH INVESTING AND FINANCING ACTIVITIES
Common stock issued for services	$	-		$	169,200
Common stock issued for accounts payable and accrued liabilities	$	-		$	50,781

The accompanying notes are an integral part of these unaudited financial statements

Table of Contents

Cytta Corp.
STATEMENTS OF CASH FLOWS
(Unaudited)

	For the Six Months Ended March 31,
	2025			2024

CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss)	$	5,497,681		$	(2,047,669	)
Adjustments to reconcile net income (loss) to net
cash used in operating activities:
Stock-based compensation expenses for services - related party		247,167			250,042
Stock-based compensation expenses for services - other		228,856			742,000
Gain on change in fair value of marketable securities		(7,661,898	)		-
Loss on issunace of RM stock for debt extinguishment		787,637			-
Amortization of note discounts		-			30,706
Gain on debt extinguishment		(864	)		(4,834	)
Depreciation expense		19,455			21,084
Changes in Operating Assets and Liabilities:
Prepaid expenses - other		(14,378	)		65,436
Accounts payable and accrued liabilities		143,986			126,946
Accounts payable-related party		(46,418	)		28,040
Deferred revenue		(2,498	)		(2,411	)
Security deposits		(6,500	)		-
Net cash used in operating activities		(807,774	)		(790,660	)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment		(3,000	)		-
Net cash used in investing activities		(3,000	)		-

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of short-term convertible note payable		-			557,500
Net cash provided by financing activities		-			557,500

NET CHANGE IN CASH		(810,774	)		(233,160	)
CASH AT BEGINNING OF PERIOD		1,439,835			674,824
CASH AT END OF PERIOD	$	629,061		$	441,664

SUPPLEMENTAL CASH FLOW DISCLOSURES

Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-

NON-CASH INVESTING AND FINANCING ACTIVITIES

Common stock issued for services	$	-		$	273,200
Common stock issued for accounts payable and accrued liabilities	$	8,136		$	101,949
Settlement of convertible notes and accrued interest by transfer of Reticulate Micro common stock	$	1,290,400		$	-

The accompanying notes are an integral part of these unaudited financial statements

Table of Contents

Cytta Corp.

Notes to Financial Statements

~~December~~March 31, ~~2024~~ 2025

(Unaudited)

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Cytta Corp., (“Cytta” or the “Company”) was incorporated on May 30, 2006, under the laws of the State of Nevada. It is located in Las Vegas, Nevada. Cytta is in the business of imagineering, developing and securing disruptive technologies.

The Company's proprietary CyttaCOMMS incident management software system offers real-time integration of video and audio streams, enabling improved collaboration and providing ongoing, relevant, actionable intelligence. Their innovative new product, CyttaCARES, is a game-changer in ensuring the safety and well-being of individuals in educational institutions and beyond. Cytta's CyttaCOMP ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) technology delivers real-time compression of video streams with ultra-low latency, even in low bandwidth environments in conjunction with their compression Licensee Reticulate Micro, Inc.

Cytta’s proprietary SUPR Intelligence, Surveillance and Reconnaissance (ISR) technology designated CyttaCOMP, is now licensed to Reticulate Micro, Inc. CyttaCOMP, is at the core of our products and is the most potent software compression codec commercially available. CyttaCOMP is explicitly designed for realtime streaming of HD, 4K, and higher resolution video while requiring only limited bandwidth and minimal computational resources.

Cytta’s CyttaCOMMS (formerly ~~IGAN~~IGANTM Incident Command System (ICS) system) seamlessly streams and integrates all available video and audio sources during emergencies, enabling sharing of multiple video and audio inputs. The trial (MVP- Minimum Viable Product) version of the CyttaCOMMS product was introduced into the market in the last quarter of 2024. ~~The~~Based ~~CyttaCOMMS~~upon ~~online~~the ~~software~~information ~~platform~~gathered isthe ~~fully~~all ~~SaaS~~of ~~based~~the ~~with~~MVP noversions ~~hardware~~utilizations ~~components.~~of ~~The~~the CyttaCOMMS ~~introduces~~were ~~immediate~~terminated ~~real-time video~~ and ~~audio~~the ~~situational~~server-side ~~awareness,~~architecture ~~which~~redesigned ~~is valuable~~ for ~~police,~~an ~~firefighters,~~enterprise ~~first~~level ~~responders,~~sales ~~emergency~~program ~~medical~~when ~~workers,~~the ~~industry,~~product ~~environmental~~is ~~and~~upgraded ~~emergencies,~~to ~~security,~~incorporate ~~military,~~the ~~and~~missing ~~all~~functionality ~~their command centers in any emergency~~requested. The ~~proprietary~~Company ~~IGAN software~~is ~~technology~~currently ~~powers,~~working ~~Cytta’s~~to ~~SaaS~~finalize Based COMMS system creates an integrated communications platform which seamlessly streams all available video and audio sources in all critical situations, for first responders enabling real time event and interactive mapping information. Also based upon the ~~IGAN~~MMP ~~technology, Cytta’s CyttaCARES~~ (~~Crisis~~Minimum ~~Alert~~Marketable ~~and Response Emergency System~~Product) ~~system~~version isof anthe ~~innovative~~CyttaCOMMS ~~SAAS~~software ~~solution~~designated ~~designed~~CyttaCOMMS ~~to enhance safety and security in educational institutions especially during emergency situations~~2.0 ~~This~~for ~~comprehensive~~the ~~system provides real-time alerts, rapid two-way secure video communication, and efficient response coordination with live location tracking to emergency response teams~~marketplace.

WeThe ~~have~~CyttaCOMMS ~~created~~online ~~advanced~~software ~~video~~platform ~~compression~~is ~~(SUPR),~~fully ~~video/audio~~SaaS ~~streaming~~based ~~and~~with ~~collaboration~~no ~~software~~hardware (components. CyttaCOMMS), ~~and~~introduces ~~school~~immediate real-time video and ~~institution~~audio ~~safety~~situational ~~and~~awareness, ~~security~~which ~~software~~is ~~systems~~valuable ~~(CyttaCARES)~~for ~~that~~police, ~~solve~~firefighters, ~~real~~first ~~world~~responders, ~~streaming~~emergency medical workers, ~~safety~~industry, environmental and emergencies, security, ~~problems~~military, ~~for~~and ~~multiple~~all ~~institutions~~their ~~and~~command ~~organizations~~centers in any emergency. WeThe ~~believe~~proprietary ~~our~~IGANTM software ~~products~~technology ~~will~~powers ~~enable~~Cytta’s SaaS based COMMS system and ~~empower~~creates ~~the~~an ~~world~~integrated tocommunications ~~consume~~platform ~~higher~~which ~~quality~~seamlessly streams all available video ~~anywhere~~and audio sources in all critical situations, ~~anytime~~for ~~while~~first ~~providing~~responders ~~unparallelled~~enabling ~~safety~~real time event and ~~security~~interactive mapping information.

Also based upon the IGAN^TM technology, Cytta’s CyttaCARES (Crisis Alert and Response Emergency System) system is an innovative SAAS solution designed to enhance safety and security in educational institutions, especially during emergency situations. This comprehensive system provides real-time alerts, rapid two-way secure video communication, and efficient response coordination with live location tracking to emergency response teams. The CyttaCARES system has reached the trial or MVP stage, however because of the sensitive nature of the technology the product will require additional work to bring it to the MMP stage, before we begin live school demonstrations.

We have created advanced video compression (SUPR), video/audio streaming and collaboration software (CyttaCOMMS), and school and institution safety and security software systems (CyttaCARES) that solve real world streaming, safety and security problems for multiple institutions and organizations. We believe our products will enable and empower the world to consume higher quality video anywhere, anytime while providing unparallelled safety and security.

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NOTE 2 - GOING CONCERN

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of ~~December~~March 31, ~~2024~~2025, the Company had an accumulated deficit of $3731,~~555~~370,~~035~~211, ~~a working capital deficit of $1,000,269~~ and ~~has~~limited ~~also generated losses since inception~~revenues. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of these uncertainties.

The Company intends to fund operations through equity and/or debt financing arrangements, which may not be sufficient to fund its capital expenditures, working capital and other cash requirements for the foreseeable future.

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NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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 the instructions to Form 10-Q and Article 8 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 as of ~~December~~March 31, ~~2024~~2025, and the results of operations and cash flows for the periods presented. The results of operations for the three and six months ended ~~December~~March 31, ~~2024~~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 audited financial statements and related notes thereto included in the Company’s Annual Report on Form 10-K filed on January 14, 2025, for the year ended September 30, 2024.

Use of Estimates

The preparation of financial statements in conformity 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 and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.

Reclassifications

Certain prior period amounts have been reclassified to conform with the current period presentation.

Cash and Cash Equivalents

The Company considers all highly liquid investments with an original term of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value. Cash and cash equivalent balances may, at certain times, exceed federally insured limits of $250,000 per financial institution. The amount in excess of the FDIC insurance as of ~~December~~March 31, ~~2024~~2025, was approximately $~~750~~379,000. The Company has no cash equivalents at December 31, 2024, and September 30, 2024.

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Prepaid expenses

The Company considers expenses or services paid for prior to the period the expense is incurred to be recorded as a prepaid expense. Included in this account is the value of common stock, options and warrants issued to consultants. Such issuances are pursuant to consulting agreements that can have a one-to-~~two~~three-year term. The Company amortized the value of the stock issued over the term of the agreement. The activity for the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~the year ended September 30, 2024, is summarized as:

	December 31,
	March 31, 2025			September 30, 2024
	2024			2023
Balance beginning of period	$	684,489		$	1,548,752
Amortization of stock-based compensation		(186,621	)		(389,260	)
Stock-based compensation					309,550
Other prepaid expense activity		11,746			(63,285	)
Amortization of stock-based compensation		(331,641	)		(1,093,370	)
Sub-total		509,614			1,096,207
Other prepaid expense activity		14,378			(80,443	)
Less non-current portion (all related party)		35,109			456,443
Sub-total		367,226			684,489
Prepaid expenses, current portion		474,505			639,764
Less non-current portion (all related party)		-			140,443
Less prepaid expenses – related party, current portion		421,334			421,334
Prepaid expenses, current portion		367,226			544,046
Prepaid expenses – other, current portion	$	53,171		$	218,430
Less prepaid expenses – related party, current portion		351,091			421,334
Prepaid expenses – other, current portion	$	16,135		$	122,712

Marketable Securities at fair value

Marketable Securities consists of Class A Common Shares of Reticulate Micro, Inc. (RM) that the Company carries at fair value and are expected to be liquidated within one year from the balance sheet date, are classified as Current Assets.

The Company accounts for marketable and available-for-sale securities under ASU 2016-01, “Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income.

At March 31, 2025, the Company owned 2,434,513 shares and the fair value was reported on the balance sheet as Marketable securities at fair value of $6,489,441 ($2.6656/share). The Company recorded an adjustment of $7,661,898 for the three and six months ending March 31, 2025, as unrealized gain on fair value change of marketable securities and is reported as Other Income.

Property and equipment

Property and equipment are stated at cost, and depreciation is provided by use of a straight-line method over the estimated useful lives of the assets.

The Company reviews property and equipment for potential impairment whenever events or changes in circumstances indicate that the carrying amounts of assets may not be recoverable. The estimated useful lives of property and equipment is as follows:

Vehicles and equipment	5 years
Software	3 years

Convertible Instruments

The Company evaluates and accounts for conversion options embedded in convertible instruments in accordance with ASC 815, Derivatives and Hedging Activities.

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GAAP requires companies to bifurcate conversion options from their host instruments and account for them as free-standing derivative financial instruments according to certain criteria. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not remeasured at fair value under other GAAP with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument.

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In August 2020, the FASB issued Accounting Standards Update 2020-06 (ASU 2020-06). ASU 2020-06 eliminates the beneficial conversion feature and cash conversion models in Accounting Standards Codification 470-20 that require separate accounting for embedded conversion features in convertible instruments. The new guidance also eliminates some of the conditions that must be met for equity classification under ASC 815-40-25. The standard is effective for smaller reporting companies for annual periods beginning after December 15, 2023. Early adoption is permitted. The Company chose to early adopt this standard. As a result, financial results contained herein are reported in accordance with this standard as applicable.

The convertible debt issued by the Company referred to in Note 7, did not require separate accounting for the conversion feature as it was not considered to be a derivative. The Company issued warrants in connection with the debt financing and in accordance with ASC 470-20-25-2 the proceeds from the sale of the debt instruments have been allocated to the debt and warrants based on the relative fair value of the two components. The amount allocated to the warrants has been recorded as a debt discount to be amortized of the life of the note.

Fair value of financial instruments

The Company measures assets and liabilities at fair value based on an expected exit price as defined by the authoritative guidance on fair value measurements, which represents the amount that would be received on the sale of an asset or paid to transfer a liability, as the case may be, in an orderly transaction between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value on either a recurring or nonrecurring basis whereby inputs, used in valuation techniques, are assigned a hierarchical level.

The following are the hierarchical levels of inputs to measure fair value:

●· Level 1 - Observable inputs that reflect quoted market prices in active markets for identical assets or liabilities. ●· Level 2 - Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. ●· Level 3 - Unobservable inputs reflecting the Company’s assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.

The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, accounts payable and accrued expenses, related party liabilities, and deferred revenue, approximate their fair values because of the short maturity of these instruments.

The Company measures the Reticulate Micro common stock it holds at fair value on a recurring basis. The activity for the six months ended March 31, 2025, is as follows:

	March 31, 2025
Beginning balance	$	-
Initial value of 2,664,609 RM shares at $3.75 per share		9,992,284
Settlement of convertible notes and accrued interest via transfer of 230,095 RM shares		(1,172,453	)
Changes in fair value		(2,330,390	)
Ending balance March 31, 2025	$	6,489,441

Revenue recognition

Our revenues are primarily generated from fees charged in connection with the implementation of our software platform (including the sale of SaaS products and services, maintenance associated with the sale of on premise software licenses).

Our revenue recognition policy follows the guidance from Accounting Standards Codification (“ASC”) 606, “Revenue Recognition,” and Accounting Standards Update No. 2014-09 – Revenue from Contracts with Customers (Topic 606) which provide guidance on the recognition, presentation, and disclosure of revenue in financial statements. We determine revenue recognition through the following steps: (i) identification of the contract, or contracts, with a customer; (ii) identification of the performance obligations in the contract; (iii) determination of the transaction price; (iv) allocation of the transaction price to the performance obligations in the contract and (v) recognition of revenue when a performance obligation is satisfied.

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Revenue from fees charged in connection with the implementation of our software platform is recognized ratably over the term specified with the customers, which is primarily one year. The transaction price is the amount of consideration to which the Company expects to be entitled to receive in exchange for providing access to its platform. Maintenance and support services generally call for the Company to provide software updates and technical support to customers and is recognized ratably over the term of the contract as this is the period the services are delivered. The Company does not view the provision of initial setup services as a discrete earnings event that is distinct. Our standard payment terms are generally no more than 60 days. SaaS and maintenance services are typically invoiced annually in advance. Amounts billed or collected in excess of revenue recognized are included as deferred revenue.

For the three months ended December 31, 2024, and 2023, the Company derives all of its revenues from the 1-year license software/hosting package of CyttaComms IGAN v3.0 unlimited channels/users and streams.

Accounts receivable

The Company records accounts receivable at the time services are invoiced when the access to our platform is delivered or provided to the customers. An allowance for losses is established through a provision for losses charged to expenses. Receivables are charged against the allowance for losses when management believes collectability is unlikely. The allowance (if any) is an amount that management believes will be adequate to absorb estimated losses on existing receivables, based on evaluation of the collectability of the accounts and prior loss experience.

Stock-based compensation

The Company accounts for its stock based compensation under the recognition and measurement principles of the fair value recognition provisions of Statement of Financial Accounting Standards No. 123 (revised 2004) “Share-Based Payment” (ASC 718) using the modified prospective method for transactions in which the Company obtains employee services in share-based payment transactions and the Financial Accounting Standards Board Emerging Issues Task Force Issue No. 96-18 “Accounting For Equity Instruments That Are Issued To Other Than Employees For Acquiring, Or In Conjunction With Selling Goods Or Services” (“EITF No. 96-18”) for share-based payment transactions with parties other than employees provided in (ASC 718). All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instrument issued is the grant date.

Income taxes

The Company accounts for income taxes under Statement of Financial Accounting Standards No. 109 “Accounting for Income Taxes” (“SFAS No. 109”) (ASC 740). Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. 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 the statements of operations in the period that includes the enactment date.

Cash flows reporting

The Company follows the provisions of ASC 230 for cash flows reporting and accordingly classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230 to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments.

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Reporting segments

ASC 280 establishes standards for the way that public enterprises report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in interim financial statements regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performances. Currently, ASC 280 has no effect on the Company’s financial statements as substantially all of the Company’s operations are conducted in one industry segment.

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Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Earnings (Loss) Per Share of Common Stock

The Company has adopted ASC 260-10-20, “Earnings per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period.

In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period.

To calculate fully diluted earnings per share, the Company uses the Treasury Stock Method. This methodology adds to the Weighted Average Shares Outstanding the number of additional shares that could potentially be issued pursuant to the conversion of all of the Company’s in-the-money outstanding convertible securities (including options, warrants and debt), with the further assumptions that all funds (if any) received pursuant to the conversions would be used to purchase the maximum number of shares at the average price per share for the period in order to offset and minimize the dilution effects. Fully Diluted Earnings Per Share is calculated by dividing Net Income by the adjusted Average Weighted Average Shares Outstanding.

The following table represents the classes of dilutive securities as of March 31, 2025, and 2024:

	March 31, 2025		March 31, 2024
Series C Preferred Stock		60,000,000		60,000,000
Series D Preferred Stock		50,000		50,000
Convertible notes payable		13,538,320		73,525,720
Unexercised options and warrants		24,000,000		28,000,000
Total		97,588,320		161,575,720

The following table represents the basic and diluted weighted average shares outstanding for the three and six months ended March 31, 2025, and 2024:

	Three months ended March 31,				Six months ended March 31,
Description	2025		2024		2025		2024
Basic weighted average shares outstanding		470,137,826		440,663,814		470,006,397		434,586,858
Convertible notes payable		13,538,320		-		13,538,320		-
Series C Preferred Stock		60,000,000		-		60,000,000		-
Series D Preferred Stock		50,000		-		50,000		-
Total		543,726,146		440,663,814		543,594,717		434,586,858

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	Three months ended March 31,					Six months ended March 31,
Fully Diluted Earnings (loss) per share	2025		2024			2025		2024
Net income (loss)	$	6,221,800	$	(988,541	)	$	5,497,681	$	(2,047,669	)
Adjustments		13,768		-			27,536		-
Adjusted net income (loss)		6,235,568		(988,541	)		5,525,217		(2,047,669	)
Weighted average number of common shares outstanding		470,137,826		440,663,814			470,006,397		434,586,858
Shares computed on if converted basis		73,588,320		-			73,588,320		-
Total number of shares on fully diluted basis		543,726,146		440,663,814			543,594,717		434,586,858
Fully diluted earnings (loss) per share	$	0.01	$	(0.00	)	$	0.01	$	(0.01	)

Recent Accounting Pronouncements

There have been no recent accounting pronouncements or changes in accounting pronouncements during the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, that are of significance or potential significance to the Company.

NOTE 4 - PROPERTY AND EQUIPMENT

The following table represents the Company’s property and equipment as of ~~December~~March 31, ~~2024~~2025, and September 30, 2024:

	December 31,2024			September 30,2024
	March 31,2025			September 30,2024
Property and equipment	$	~~245~~248,606		$	245,606
Accumulated depreciation		(~~205~~214,~~033~~194	)		(194,739	)
Property and equipment, net	$	4034,~~573~~412		$	50,867

Depreciation expense was $109,~~294~~191 and $1019,~~576~~455 for the three and six months ended ~~December~~March 31, ~~2024~~2025, respectively, and ~~2023~~$10,508 and $21,084 for the three and six months ended March 31, 2024, respectively.

NOTE 5 - RELATED PARTY TRANSACTIONS

Related Party agreements and fees

For the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, the Company recorded expenses to related parties in the following amounts:

	Three months endedDecember 31,
	Three months ended March 31,				Six months ended March 31,
	2024		2023
Description	2025		2024		2025		2024
Management fees, Chief Executive Officer (CEO)	$	45,000	$	45,000
CEO-Management fees	$	45,000	$	45,000	$	90,000	$	90,000
President and Chief Operating Officer (COO)		45,000		45,000
President and Chief Operating Officer		45,000		45,000		90,000		90,000
Stock-based compensation expense, officers		123,~~783~~384		~~123~~126,~~208~~834		247,167		250,042
Office rent and expenses		7,~~955~~956		-		15,911		-
Total	$	221,~~738~~340	$	~~213~~216,~~208~~834	$	443,078	$	430,042

Effective January 1, 2023, the monthly fee for the CEO was $15,000.

11Effective ~~Table~~February 1, 2023, the Company entered a Consulting Executive Officer Agreement with a three- year term to an entity (SGG World LLC or "SGG") to provide the services of ~~Contents~~a Chief Operating Officer (the “COO”) of the Company. On October 1, 2023, the BOD also appointed the COO as the President. Pursuant to the agreement, the Company agreed to a monthly fee of $10,000, and the issuance of 250,000 common shares per month, to be issued semi-annually. The monthly fee was increased to $15,000 per month effective September 1, 2023. For the three months and six months ended March 31, 2025, the Company recorded expenses of $18,050 and $36,500, respectively, and $21,500 and $39,375, respectively, for the three and six months ended March 31, 2024, related to the 250,000 common shares per month, calculated based on the closing market price of the common stock on the last day of each month.

~~Effective~~14 ~~February~~Table ~~1, 2023, the Company entered a Consulting Executive Officer Agreement with a three- year term to an entity (SGG World LLC or "SGG") to provide the services~~ of a Chief Operating Officer (the “COO”) of the Company. On October 1, 2023, the BOD also appointed the COO as the President. Pursuant to the agreement, the Company agreed to a monthly fee of $10,000, and the issuance of 250,000 common shares per month, to be issued semi-annually. The monthly fee was increased to $15,000 per month effective September 1, 2023. For the three months ended December 31, 2024, and 2023, the Company recorded expenses of $18,450 and $17,875, respectively, related to the 250,000 common shares per month, calculated based on the closing market price of the common stock on the last day of each month.Contents

The Company granted an option to SGG purchase 10,000,000 shares of the Company’s common stock at $0.02 per share with an expiry date of July 1, 2025 (the "CYCA Option”). The CYCA option vests at the rate of 25% beginning on the first six-month anniversary of the agreement, as well as a warrant to purchase 250,000 shares of the Reticulate Micro common stock the Company owns (the “RM Warrant”). The RM Warrant has an exercise price of $1.00 per share and an expiry date of July 1, 2025. The Company valued the CYCA Option at $639,543 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $53,295 and $106,590, respectively, is included in stock-based compensation expense-related party for the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, respectively. The Company valued the RM Warrant at $624,458 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $52,038 and $104,076, respectively, is included in stock-based compensation expense-related party for the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, respectively.

Beginning in April 2024, the Company agreed to rent office space for the COO at $2,575 per month plus incidental expenses, on a month to month basis, accordingly, $7,~~955~~956 and $15,911 is included in related party expenses for the three and six months ended ~~December~~March 31, ~~2024~~2025.

Related party liabilities

As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, the Company owes $~~423~~403,~~997~~175 and $~~443~~413,093, respectively, to related parties as follows:

	December 31, 2024		September 30, 2024
	March 31, 2025		September 30, 2024
Management fees, Chief Executive Officer (CEO)	$	110,000	$	110,000
Bonus, CEO		48,040		68,040
Stock to be issued President and COO		~~227~~245,~~085~~135		208,635
Accounts payable, President and COO		~~8,872~~-		26,418
Fees, bonus, and accounts payable, former CTO		30,000		30,000
Total	$	403,175	$	413,093
Total	$	423,997	$	443,093

NOTE 6 - ~~NOTE~~CONVERTIBLE NOTES PAYABLE

OnDuring ~~January~~the 10quarter ended March 31, 2023, (the “March 2023 Notes”) the Company ~~entered~~issued ~~into~~five an(5) 8%convertible promissory notes, in the aggregated principal amount of $40160,000, ~~face~~to ~~value~~investors. ~~promissory~~The ~~note~~notes ~~with~~bear aan ~~third-party~~interest ~~lender~~rate ~~with~~of a18% ~~maturity~~per ~~date~~annum. ~~the~~Principal ~~earlier~~amount of ~~the~~$100,000 ~~Company~~matured ~~raising~~on $July 1,~~000~~ 2024, and have been extended to July 1, 2025, while principal amount of $60,000 inmatured ~~debt~~on orvarious ~~equity~~dates of February 2024 and were all extended to May 31, 2025. Interest payments are due quarterly. The Holders shall have the right to convert all or ~~January~~any 10part of the outstanding and unpaid principal, ~~2024~~interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of Reticulate Micro (the “RM Stock”) owned by the Company. The ~~lender~~notes ~~may~~are ~~extend~~convertible into shares of the ~~maturity~~Company’s ~~date~~common ~~for~~stock anbeginning ~~additional~~on ~~one~~the ~~year~~Issuance Date at ~~their~~$0.025, ~~option~~or RM Stock at $1.00 per share. The note proceeds will be used by ~~providing~~the 30Company ~~days~~for ~~written~~general ~~notice~~working capital purposes. The Company also agreed to pledge RM stock at $1.00 per share to equal the ~~Company~~outstanding ~~before~~principal and interest due upon any defaults of the ~~maturity~~note. ~~date~~In conjunction with one note of $50,000, the Company issued a warrant to purchase 2,000,000 shares of common stock at an exercise price of $0.025 ~~Effective~~with ~~January~~an 10expiration date of July 1, ~~2024~~2025, and a warrant to purchase 100,000 shares of RM Stock at $1.00 per share with an expiry date of July 1, 2025. The warrants issued to purchase the ~~lender~~Company’s ~~amended~~common stock, and ~~restated~~ the ~~note~~RM ~~with~~Stock resulted in a ~~principal~~debt ~~balance~~discount of $43,~~200~~416, ~~that~~with ~~matures~~the onoffset ~~July~~to 10additional paid in capital. For the three and six months ended March 31, 2024, amortization of the debt discounts of $7,661 and $15,323 was charged to interest expense. In conjunction with one note of $50,000, the Company issued a warrant to purchase 2,000,000 shares of common stock at an ~~interest~~exercise ~~rate~~price of 8%$0.025 with an expiration date of July 1, 2025, and ~~pledged~~a 45warrant to purchase 100,000 shares of RM Stock at $1.00 per share with an expiry date of July 1, 2025. The warrants issued to purchase the Company’s common stock, asand ~~collateral~~the ~~for~~RM Stock resulted in a debt discount of $43,585, with the ~~note~~offset to additional paid in capital. On ~~August~~For 12the three and six months ended March 31, 2024, amortization of the ~~Company~~debt ~~has~~discounts ~~agreed~~of $7,691 and $15,383 was charged to ~~transfer~~interest 45expense. Both debt discounts were fully amortized as of September 30, 2024. During the six months ended March 31, 2025, $10,000 of principal notes and $1,670 of accrued interest were converted into 11,670 shares of RM stock. toAs RMof (March 31, 2025, and September 30, 2024, the ~~lender)~~outstanding ~~for~~principal ~~satisfaction~~balance of the ~~note~~March ~~and~~2023 ~~accrued~~Notes was $150,000 and ~~unpaid~~$160,000, ~~interest~~respectively.

1215 Table of Contents

~~NOTE~~During 7the quarter ended December 31, 2023, (the “December 2023 Notes”) the Company issued a convertible promissory note of $40,000, to an investor. The note bears an interest rate of 18% per annum and matured during the quarter ended December 31, 2024, and has been extended to May 31, 2025. Interest payments are due quarterly. The Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable ~~CONVERTIBLE~~shares ~~NOTES~~of ~~PAYABLE~~common stock of the Company or to the Class A common stock of RM Stock owned by the Company beginning on the Issuance Date of the Company's common stock at $0.025 or RM Stock at $1.00 per share. The note proceeds will be used by the Company for general working capital purposes. The Company also agreed to pledge RM stock at $1.00 per share to equal the outstanding principal and interest due upon any defaults of the note. During the six months ended March 31, 2025, $40,000 of principal notes and $6,600 of accrued interest were converted into 46,600 shares of RM stock. As of March 31, 2025, and September 30, 2024, there is a balance due of $-0- and $40,000, respectively, on the December 2023 Notes.

During the quarter ended March 31, ~~2023~~2024, (the “March ~~2023~~2024 Notes”) the Company issued ~~five~~nine (59) convertible promissory notes, in the ~~aggregated~~aggregate ~~principal amount~~ of $~~160~~517,~~000~~500, to investors. The notes bear an interest rate of 18% per annum. ~~Principal amount of $100,000 matured on July 1, 2024,~~ and ~~have~~mature ~~been~~during ~~extended~~the toquarter ~~July~~ended 1,March ~~2025, while principal amount of $60,000 matured on various dates of February 2024 and have all been extended to May~~ 31, 2025. Interest payments are due quarterly. The ~~Holders~~Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of ~~Reticulate Micro (the “~~RM Stock”) owned by the Company. ~~The~~beginning ~~notes~~on ~~are~~the ~~convertible~~Issuance ~~into~~Date ~~shares~~ of the Company’'s common stock ~~beginning on the Issuance Date~~ at $0.025, or RM Stock at $12.00 per share., ~~The~~excluding a note ~~proceeds~~of ~~will~~$250,000 bewhich ~~used~~has bya ~~the~~conversion ~~Company~~price ~~for~~of ~~general working capital purposes. The Company also agreed to pledge RM stock at~~ $1.00 ~~per~~of ~~share~~RM tostock ~~equal~~for ~~the outstanding~~ principal and ~~interest~~$2.50 ~~due~~of ~~upon~~RM ~~any~~stock ~~defaults~~for ofinterest. ~~the~~The note. Inproceeds ~~conjunction~~will ~~with~~be ~~one~~used ~~note~~by ~~of $50,000,~~ the Company ~~issued~~for ageneral ~~warrant~~working tocapital ~~purchase 2,000,000 shares of common stock at an exercise price of $0~~purposes.~~025~~ ~~with~~The anCompany ~~expiration~~also ~~date~~agreed ~~of July 1, 2025, and a warrant~~ to ~~purchase~~pledge ~~100,000 shares of~~ RM ~~Stock~~stock at $12.00 per share ~~with an expiry date of July 1, 2025. The warrants issued~~ to ~~purchase~~equal the ~~Company’s~~outstanding ~~common~~principal ~~stock,~~ and ~~the~~interest RMdue ~~Stock~~upon ~~resulted~~any indefaults ~~a debt discount~~ of ~~$43,416, with~~ the ~~offset to additional paid in capital~~note. ~~For~~During the ~~three~~year ~~months~~ ended ~~December~~September 3130, ~~2023~~2024, ~~amortization of~~ the ~~debt~~lenders ~~discounts~~ of $7167,~~662~~500 ~~was charged to interest expense. In conjunction with one note~~ of ~~$50,000,~~ the ~~Company~~March ~~issued~~2024 aNotes ~~warrant~~agreed to ~~purchase~~settle ~~2,000,000~~the ~~shares~~notes ofby ~~common~~the ~~stock~~issuance ~~at an exercise price~~ of ~~$0.025 with an expiration date of July 1~~83,750 ~~2025, and a warrant to purchase 100,000~~ shares of RM ~~Stock at $1.00 per share with an expiry date of July 1, 2025. The warrants issued to purchase the Company’s common~~ stock, ~~and~~for the RMprincipal ~~Stock resulted in a debt discount of $43,585, with the offset to additional paid in capital~~amount. ~~For~~During the ~~three~~six months ended ~~December~~March 31, ~~2023~~2025, ~~amortization~~$350,000 of ~~the~~principal ~~debt~~notes ~~discounts~~and of $759,~~692,~~575 ~~was~~of ~~charged~~accrued to interest ~~expense. Both debt discounts~~ were ~~fully~~converted ~~amortized~~into as352,288 shares of ~~September~~RM ~~30, 2024~~stock. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, ~~the~~there ~~outstanding~~is ~~principal~~a balance of $-0- and $350,000, respectively on the March ~~2023~~2024 Notes ~~was $160,000~~.

During the quarter ended ~~December~~June 3130, ~~2023~~2024, (the “~~December~~June ~~2023~~2024 Notes”) the Company issued athirty eight (38) convertible promissory ~~note~~notes in the aggregate of $401,~~000~~910,950 to ~~an investor~~investors. The ~~note~~notes ~~bears~~bear an interest rate of 18% per annum and ~~matured~~mature during the quarter ~~ended~~ending ~~December~~June 3130, ~~2024, and has been extended to May 31,~~ 2025. Interest payments are due quarterly. The Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of RM Stock owned by the Company beginning on the Issuance Date of the Company's common stock at $0.025 or RM Stock at $12.00 per share, excluding $85,000 of June 2024 Notes where the conversion price is $1.00 for the RM stock and $15,000 of June 2024 Notes where the conversion price is $0.025 for the Company’s common stock. The note proceeds will be used by the Company for general working capital purposes. The Company also agreed to pledge RM stock at $12.00 per share to equal the outstanding principal and interest due upon any defaults of the note. During the year ended September 30, 2024, the lenders of $1,147,000 of the June 2024 Notes agreed to settle the notes by the issuance of 573,500 shares of RM stock for the principal amount. During the six months ended March 31, 2025, $608,000 of principal notes and $105,395 of accrued interest were converted into 400,648 shares of RM stock. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there is a balance ~~due~~ of $40155,~~000~~950 and $763,950, respectively, due on the ~~December~~June ~~2023~~2024 Notes.

During the quarter ended ~~March~~September 3130, 2024, (the “~~March~~September 2024 Notes”) the Company issued ~~nine~~two (92) convertible promissory notes in the aggregate of $~~517~~125,~~500,~~000 to investors. The notes bear an interest rate of 18% per annum and mature during the quarter ended ~~March~~September 3130, 2025. Interest payments are due quarterly. The Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of RM Stock owned by the Company beginning on the Issuance Date of the Company's common stock at $0.025 or RM Stock at $2.00 per share~~, excluding a note of $250,000 which has a conversion price of $1~~.00 ~~of RM stock for principal and $2.50 of RM stock for interest.~~ The note proceeds will be used by the Company for general working capital purposes. The Company also agreed to pledge RM stock at $2.00 per share to equal the outstanding principal and interest due upon any defaults of the note. During the ~~year~~six months ended ~~September~~March 3031, ~~2024~~2025, ~~the lenders of~~ $~~167~~125,~~500~~000 of ~~the~~principal ~~March~~notes ~~2024~~and ~~Notes~~$22,500 ~~agreed~~of toaccrued ~~settle~~interest ~~the~~were ~~notes~~converted ~~by the issuance of 83~~into 73,750 shares of RM stock ~~for the principal amount~~. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there is a balance of $~~350,000~~-0- ~~due~~and ~~on the March 2024 Notes. Among the total~~ $~~350~~125,000 ~~balance~~, ~~principal of $250~~respectively,~~000~~ ~~matured~~ on ~~January 22, 2025, which, together with $45,000 of accrued and unpaid interest, was fully converted into 295,000 shares of RM stock owned by~~ the ~~Company~~September in2024 ~~January 2025 (see Note 13), and remaining principal of $100,000 matures in various dates of March 2025~~Notes.

~~During~~16 ~~the~~Table ~~quarter ended June 30, 2024, (the “June 2024 Notes”) the Company issued thirty eight (38) convertible promissory notes in the aggregate~~ of $1,910,950 to investors. The notes bear an interest rate of 18% per annum and mature during the quarter ending June 30, 2025. Interest payments are due quarterly. The Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of RM Stock owned by the Company beginning on the Issuance Date of the Company's common stock at $0.025 or RM Stock at $2.00 per share, excluding $85,000 of June 2024 Notes where the conversion price is $1.00 for the RM stock and $15,000 of June 2024 Notes where the conversion price is $0.025 for the Company’s common stock. The note proceeds will be used by the Company for general working capital purposes. The Company also agreed to pledge RM stock at $2.00 per share to equal the outstanding principal and interest due upon any defaults of the note. During the year ended September 30, 2024, the lenders of $1,147,000 of the June 2024 Notes agreed to settle the notes by the issuance of 573,500 shares of RM stock for the principal amount. As of December 31, 2024, and September 30, 2024, there is a balance of $763,950 due on the June 2024 Notes.Contents

13The ~~Table~~activity offor ~~Contents~~the six months ended March 31, 2025, and the year ended September 30, 2024, is summarized as follows:

During the quarter ended September 30, 2024, (the “September 2024 Notes”) the Company issued two (2) convertible promissory notes in the aggregate of $125,000 to investors. The notes bear an interest rate of 18% per annum and mature during the quarter ended September 30, 2025. Interest payments are due quarterly. The Holder shall have the right to convert all or any part of the outstanding and unpaid principal, interest, and any other amounts due into fully paid and non-assessable shares of common stock of the Company or to the Class A common stock of RM Stock owned by the Company beginning on the Issuance Date of the Company's common stock at $0.025 or RM Stock at $2.00 per share. The note proceeds will be used by the Company for general working capital purposes. The Company also agreed to pledge RM stock at $2.00 per share to equal the outstanding principal and interest due upon any defaults of the note. As of December 31, 2024, and September 30, 2024, there is a balance of $125,000 due on the September 2024 Notes.

	March 31, 2025			September 30, 2024
Beginning balance, face value	$	1,438,950		$	1,215,000
Convertible notes issued		-			2,593,450
Convertible notes converted		(1,133,000	)		(2,369,500	)
Ending balance	$	305,950		$	1,438,950

The ~~activity~~Company ~~for~~has the ~~three~~following ~~months~~convertible ~~ended~~notes ~~December~~payable outstanding as of March 31, ~~2024~~2025, and ~~2023~~September 30, ~~is summarized as follows~~2024:

	December 31, 2024		December 31, 2023
	March 31,2025		September 30,2024
Beginning balance, face value	$	1,438,950	$	1,215,000
March 2023 Convertible notes payable, interest at 18%, $60,000 matures May 31, 2025, and $100,000 matures July 1, 2025	$	150,000	$	160,000
Convertible notes issued		-		40,000
December 2023 Convertible note payable, interest at 18%		-		40,000
Convertible note discount		-		(32,859	)
March 2024 Convertible notes payable, interest at 18%		-		350,000
Ending balance	$	1,438,950	$	1,222,141
June 2024 Convertible notes payable, interest at 18%, matures during quarter ending June 30, 2025		155,950		763,950
September 2024 Convertible notes payable, interest at 18%		-		125,000
Convertible notes payable, balance	$	305,950	$	1,438,950

~~The~~NOTE ~~Company~~7 ~~has~~- ~~the~~CAPITAL ~~following~~STOCK ~~convertible notes payable outstanding as of December 31, 2024, and September 30, 2024:~~

	December 31,2024		September 30,2024
March 2023 Convertible notes payable, interest at 18%, $60,000 matures May 31, 2025, and $100,000 matures July 1, 2025	$	160,000	$	160,000
December 2023 Convertible note payable, interest at 18%, matures May 31, 2025		40,000		40,000
March 2024 Convertible notes payable, interest at 18%, $250,000 matured January 22, 2025, and $100,000 matures various dates of March 2025		350,000		350,000
June 2024 Convertible notes payable, interest at 18%, matures during quarter ending June 30, 2025		763,950		763,950
September 2024 Convertible notes payable, interest at 18%, matures during quarter ending September 30, 2025		125,000		125,000
Convertible notes payable, balance	$	1,438,950	$	1,438,950

NOTE 8 - CAPITAL STOCK

Common Stock

The Company has authorized 600,000,000 common shares, par value $0.001. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there were 470,237,826 and 469,877,826, respectively, common shares issued and outstanding.

~~There~~During ~~were~~the nosix ~~shares~~months ofended ~~common~~March ~~stock~~31, ~~issued~~2025, ~~during~~ the ~~three~~following ~~months~~shares ~~ended~~of ~~December~~common ~~31,~~stock ~~2024.~~were issued:

~~During~~· ~~the three months ended December 31~~360,000 ~~2023, the following~~ shares of common ~~stock~~issued ~~were~~for ~~issued:~~accrued interest, valued at $8,136.

	●	6,000,000 shares of common issued for services. The Company valued the shares at $169,200 based on the price of the common stock on the date the Company agreed to issue the shares.
	●	1,887,750 shares issued for payment of $46,826 of accounts payable and accrued interest. The value of the shares issued was $50,781 based upon the share price of the Company’s common stock on the date the Company agreed to issue the common stock. The Company included $3,955 in loss on debt extinguishment for the three months ended December 31, 2023.

During the six months ended March 31, 2024, the following shares of common stock were issued:

· On January 18, 2024, the Company issued 5,000,000 shares of common issued for services. The Company valued the shares at $104,000 based on the price of the common stock on the date the Company agreed to issue the shares. The shares were issued pursuant to a one-year consulting agreement beginning January 1, 2024. The company will amortize the value over the term of the contract. For the three and six months ended March 31, 2024, the Company recorded $26,000 of stock-based consulting expense. · On January 12, 2024, the Company issued 2,227,661 shares of common stock for payment of $55,124 of accounts payable and accrued interest. The value of the shares issued was $46,336 based upon the share price of the Company’s common stock on the date the Company agreed to issue the common stock. The Company recorded an $8,788 gain on debt extinguishment for the three and six months ended January 31, 2024. · On December 14, ~~Table~~2023, the Company issued 6,000,000 shares of ~~Contents~~common issued for services. The Company valued the shares at $169,200 based on the price of the common stock on the date the Company agreed to issue the shares and is included in stock-based consulting expense for the six months ended March 31, 2024. · On November 30, 2023, the Company issued 1,887,750 shares issued for payment of $46,826 of accounts payable and accrued interest. The value of the shares issued was $50,781 based upon the share price of the Company’s common stock on the date the Company agreed to issue the common stock. The Company included $3,955 in loss on debt extinguishment for the six months ended March 31, 2024.

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Preferred Stock

The Company has 100,000,000 shares authorized as preferred stock, par value $0.001 (the “Preferred Stock”), which such Preferred Stock shall be issuable in such series, and with such designations, rights and preferences as the Board of Directors may determine from time to time.

Series C Preferred Stock

Under the terms of the Certificate of Designation of Series C Preferred Stock, 12,000,000 shares of the Company’s preferred shares are designated as Series C Preferred Stock. Each share of Series C Preferred Stock is convertible into one hundred shares Common Stock and each share of Series C Preferred Stock is entitled to one hundred votes. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there were 600,000 shares of Series C Preferred Stock issued and outstanding.

Series D Preferred Stock

On September 30, 2020, the Company filed an Amended and Restated Certificate of Designation with the State of Nevada of the Company’s Series D Preferred Stock. Under the terms of the Amendment to Certificate of Designation of Series D Preferred Stock, 10,000,000 shares of the Company’s preferred shares are designated as Series D Preferred Stock. Each share of Series D Preferred Stock is convertible into one share of fully paid and non-assessable Common Stock. For so long as any shares of the Series D Preferred Stock remain issued and outstanding, the Holders thereof, voting separately as a class, shall have the right to vote on all shareholder matters equal to two times the sum of all the number of shares of other classes of Corporation capital stock eligible to vote on all matters submitted to a vote of the stockholders of the Corporation. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there were 50,000 shares of Series D Preferred Stock issued and outstanding.

Series E Preferred Stock

On June 2, 2021, the Company filed a Certificate of Designation with the State of Nevada. Under the terms of the Certificate of Designation 13,650,000 (as amended on June 10, 2021) were designated as Series E Preferred Stock. Each share of Series E Preferred Stock is convertible into one share of fully paid and non-assessable Common Stock. For so long as any shares of the Series E Preferred Stock remain issued and outstanding, the Holders thereof, voting separately as a class, shall have the right to vote one share on all matters submitted to a vote of the stockholders of the Corporation. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there were no shares of Series E Preferred stock issued and outstanding.

Series F Preferred Stock

On November 24, 2021, the Company filed a Certificate of Designation with the State of Nevada. Under the terms of the Certificate of Designation 59,270,000 were designated as Series F Preferred Stock. Each share of Series F Preferred Stock is convertible into one share of fully paid and non-assessable Common Stock at any time by the holder. For so long as any shares of the Series F Preferred Stock remain issued and outstanding, the Holders thereof, voting separately as a class, shall have the right to vote one share on all matters submitted to a vote of the stockholders of the Corporation. The Series F Preferred Stock automatically converts to common stock after the shares of common stock closing market price is at least $0.20 for twenty (20) consecutive trading days. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, there were no shares of Series F Preferred stock issued and outstanding.

Stock Options

The Company did not issue any stock options during the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025.

On18 ~~February~~Table ~~1, 2023, pursuant to a three-year consulting agreement, the Company granted an option to SGG (a related party, the representative~~ of which is the Company’s COO ) to purchase 10,000,000 shares of common stock with an exercise price of $0.02 and an expiration date of July 1, 2025. The options vest over a two-year period at the rate of 25% every six months beginning on the six-month anniversary date of the agreement. The Company valued the option at $639,543 and will amortize the value over the three-year term of the agreement. For the three months ended December 31, 2024, and 2023, no options vested. Contents

15On ~~Table~~February 1, 2023, pursuant to a three-year consulting agreement, the Company granted an option to SGG (a related party, the representative of ~~Contents~~which is the Company’s COO ) to purchase 10,000,000 shares of common stock with an exercise price of $0.02 and an expiration date of July 1, 2025. The options vest over a two-year period at the rate of 25% every six months beginning on the six-month anniversary date of the agreement. The Company valued the option at $639,543 and will amortize the value over the three-year term of the agreement. As of March 31, 2025, 10,000,000 options have vested.

On March 3, 2023, pursuant to a one-year consulting agreement, the Company granted an option to a third party to purchase 10,000,000 shares of common stock with an exercise price of $0.02 and an expiration date of July 1, 2025. The options vest over a two-year period at the rate of 25% every six months beginning on the six-month anniversary date of the agreement. The Company valued the option at $449,651 and amortized the value over the one-year term of the agreement. ~~For~~As ~~the~~of ~~three~~March ~~months ended December~~ 31, ~~2024~~2025, ~~and 2023~~10,000,000 no options have vested.

The following table summarizes activities related to stock options of the Company for the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, and the year ended September 30, 2024. ~~There was no activity for the three months ended December 31, 2024.~~

	Number ofOptions		Weighted- Average Exercise Priceper Share		Weighted- Average Remaining Life (Years)
Outstanding at October 1, 2023		20,000,000	$	0.02		1.75
Outstanding at September 30, 2024		20,000,000	$	0.02		0.75
Exercisable at September 30, 2024		15,000,000	$	0.02		-
Outstanding at December 31, 2024		20,000,000	$	0.02		0.50
Outstanding at March 31, 2025		20,000,000	$	0.02		0.25
Exercisable at December 31, 2024		15,000,000	$	0.02		-
Exercisable at March 31, 2025		20,000,000	$	0.02		-

As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, -0- and 5,000,000 options to purchase shares of common stock remain unvested and $~~230~~177,~~946~~651 and $284,241, respectively, of stock compensation expense remains unrecognized and is being expensed over a weighted average period of 2.37 years from the date of the grant.

Warrants

On April 1, 2024, pursuant to a consulting agreement, the Company issued a warrant to a third party to purchase 50,000 shares of RM Stock that vested immediately and with an exercise price of $1.50 and an expiration date of April 1, 2025. The Company valued the warrant at $119,348 based on the Black Scholes option pricing model and expensed when granted. The following assumptions were utilized in the Black-Scholes valuation of this immediately vested warrant during the year ended September 30, 2024, risk free interest rate of 5.03%, volatility of 145% and an exercise price of $1.50.

On February 1, 2023, pursuant to a three-year consulting agreement, the Company granted a warrant to a related party (SGG) to purchase 250,000 shares of RM common stock with an exercise price of $1.00 and an expiration date of July 1, 2025. The Company valued the warrant at $624,458 and will amortize the value over the three-year term of the agreement. For the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, the Company has included $52,038 and $104,076 in stock-based compensation expense-related party, respectively.

On February 8, 2023, an investor paid $5,000 to acquire a warrant to purchase 2,000,000 shares of common stock. The warrant has an exercise price of $0.02 per share and expires July 1, 2024. The Company also issued a warrant to purchase 100,000 shares of RM Stock, with an exercise price of $1.00 and an expiration date of July 1, 2025, as amended.

On February 10, 2023, pursuant to a convertible note with a current shareholder of the Company, the Company issued a warrant to the investor to purchase 2,000,000 shares of common stock at an exercise price of $0.025 per share and an expiration date of July 1, 2025. The Company valued the warrant at $79,914, based on the Black Scholes option pricing model. The Company also issued a warrant to purchase 100,000 shares of RM Stock at an exercise price of $1.00 and an expiration date of July 1, 2025. The Company valued the RM Stock warrant at $249,811, based on the Black Scholes option pricing model. The Company applied $43,416 to the note as a discount based on the allocations of the fair values of the warrants and the note. The Company charged the note discount to interest expense over the term of the note. For the three and six months ended ~~December~~March 31, ~~2023~~2024, the Company recorded interest expense of $7,~~662~~661 and $15,323, respectively. The note discount was fully amortized as of September 30, 2024.

Table of Contents

On March 1, 2023, an investor paid $5,000 to acquire a warrant to purchase 2,000,000 shares of common stock. The warrant has an exercise price of $0.02 per share and expires July 1, 2024. The Company also issued a warrant to purchase 100,000 shares of RM Stock, with an exercise price of $1.00 and an expiration date of July 1, 2025, as amended.

16On ~~Table~~March 3, 2023, pursuant to a convertible note with a current shareholder of ~~Contents~~the Company, the Company issued a warrant to the investor to purchase 2,000,000 shares of common stock at an exercise price of $0.025 per share and an expiration date of July 1, 2025. The Company valued the warrant at $89,916, based on the Black Scholes option pricing model. The Company also issued a warrant to purchase 100,000 shares of RM Stock at an exercise price of $1.00 and an expiration date of July 1, 2025. The Company valued the RM Stock warrant at $249,822, based on the Black Scholes option pricing model. The Company applied $43,585 to the note as a discount based on the allocations of the fair values of the warrants and the note. The Company charged the note discount to interest expense over the term of the note. For the three and six months ended March 31, 2024, the Company recorded interest expenses of $7,691 and $15,383, respectively. The note discount was fully amortized as of September 30, 2024.

On March 3, 2023, pursuant to a ~~convertible~~one-year ~~note~~consulting agreement with a ~~current~~Company shareholder ~~of the Company~~, the Company issued ~~a warrant~~ to the ~~investor~~shareholder to purchase 2,000,000 shares of common stock at an exercise price of $0.025 per share and an expiration date of July 1, 2025. The Company valued the warrant at $89,916, based on the Black Scholes option pricing model. The Company also issued a warrant to purchase ~~100~~250,000 shares of RM Stock atwith an exercise price of $1.00 and an expiration date of July 1, 2025. The Company valued the ~~RM Stock~~ warrant at $~~249~~624,~~822,~~556 ~~based on the Black Scholes option pricing model. The Company applied $43,585 to the note as a discount based on the allocations of the fair values of the warrants~~ and ~~the~~amortized ~~note. The Company charged~~ the ~~note~~value ~~discount to interest expense~~ over the one-year term of the ~~note~~agreement. For the three and six months ended March ~~December~~ 31, ~~2023~~2024, the Company ~~recorded~~has ~~interest~~included ~~expenses~~$104,093 ofand $7260,~~692~~232, respectively, in general and administrative expenses. The ~~note~~warrant ~~discount~~value was fully amortized as of September 30, 2024.

OnThe ~~March~~following 3,table ~~2023,~~summarizes ~~pursuant~~activities related to awarrants ~~one-year~~of ~~consulting agreement with a Company shareholder,~~ the Company ~~issued~~for to the ~~shareholder~~six amonths ~~warrant~~ended toMarch ~~purchase 250~~31,~~000~~ ~~shares of RM Stock with an exercise price of $1.00 and an expiration date of July 1,~~ 2025~~. The Company valued the warrant at $624~~,~~556~~ and ~~amortized~~ the ~~value over the one-~~year ~~term of the agreement. For the three months~~ ended ~~December 31, 2023, the Company has included $156,139 in stock-based compensation expenses. The warrant value was fully amortized as of~~ September 30, 2024.

The following table summarizes activities related to warrants of the Company for the three months ended December 31, 2024, and the year ended September 30, 2024.

	Number of Warrants			Weighted Average Exercise Price Per Share		Weighted Average Remining Life (Years)
Outstanding and exercisable at October 1, 2023		8,000,000		$	0.0225		1.25
Expired or cancelled or forfeited		(4,000,000	)		0.0200		-
Outstanding and exercisable at September 30, 2024		4,000,000		$	0.0250		0.75
Outstanding and exercisable at March 31, 2025		4,000,000		$	0.0250		0.25

	Number of Warrants			Weighted Average Exercise Price Per Share		Weighted Average Remining Life (Years)
Outstanding and exercisable at October 1, 2023		8,000,000		$	0.0225		1.25
Expired or cancelled or forfeited		(4,000,000	)		0.0200		-
Outstanding and exercisable at September 30, 2024		4,000,000		$	0.0250		0.75
Outstanding and exercisable at December 31, 2024		4,000,000		$	0.0250		0.50

The following table summarizes activities related to warrants to purchase RM Stock from the Company for six months ended March 31, 2025, and the year ended September 30, 2024.

The following table summarizes activities related to warrants to purchase RM Stock from the Company for three months ended December 31, 2024, and the year ended September 30, 2024.

	Number of Warrants		Weighted Average Exercise Price Per Share		Weighted Average Remining Life (Years)
Outstanding and exercisable at October 1, 2023		900,000	$	1.00		1.53
Issued		50,000		1.50		1.00
Outstanding and exercisable at September 30, 2024		950,000	$	1.03		0.74
Outstanding and exercisable at March 31, 2025		950,000	$	1.03		0.24

	Number of Warrants		Weighted Average Exercise Price Per Share		Weighted Average Remining Life (Years)
Outstanding and exercisable at October 1, 2023		900,000	$	1.00		1.53
Issued		50,000		1.50		1.00
Outstanding and exercisable at September 30, 2024		950,000	$	1.03		0.74
Outstanding and exercisable at December 31, 2024		950,000	$	1.03		0.49

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NOTE 98 - COMMITMENTS AND CONTINGENCIES

The Company does not have an existing contract with the CEO. The monthly compensation and any bonus amounts are at the discretion of the Board of Directors. Effective January 1, 2023, the Company agreed to compensate the CEO $15,000 per month.

Effective February 1, 2023, the Company entered a Consulting Executive Officer Agreement with a three- year term to an entity (SGG) to provide the services of a Chief Operating Officer (the “COO”) of the Company. On October 1, 2023, the BOD also appointed the COO as the President. Pursuant to the agreement, the Company agreed to a monthly fee of $10,000, and the issuance of 250,000 common shares per month, to be issued semi-annually. The monthly fee was increased to $15,000 per month effective September 1, 2023. For the three months and six months ended ~~December~~January 31, ~~2024~~2025, ~~and 2023,~~ the Company recorded expenses of $18,~~450~~050 and $1736,~~875~~500, respectively, and $21,500 and $39,375, respectively, for the three and six months ended March 31, 2024, related to the 250,000 common shares per month, calculated based on the closing market price of the common stock on the last day of each month.

On May 8, 2024, the Company issued 3,000,000 shares of common stock for the months of February 2023, through January 2024. On May 11, 2023, the Company issued 5,000,000 shares to the Company’s COO as a bonus pursuant to their Consulting Agreement. On July 10, 2023, the Company issued 15,000,000 shares to the Company’s COO as a bonus pursuant to their Consulting Agreement. On September 7, 2023, the Company issued 5,000,000 shares to the Company’s COO as a bonus pursuant to their Consulting Agreement.

17Additionally, ~~Table~~the Company granted an option to SGG, a related party (the representative of ~~Contents~~which is the Company’s COO), to purchase 10,000,000 shares of the Company’s common stock at $0.02 per share with an expiry date of July 1, 2025 (the "CYCA Option”). The CYCA option vests at the rate of 25% beginning on the first six-month anniversary of the agreement, as well as a warrant to purchase 250,000 shares of the Reticulate Micro common stock the Company owns (the “RM Warrant”). The RM Warrant has an exercise price of $1.00 per share and an expiry date of July 1, 2025. The Company valued the CYCA Option at $639,543 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $53,295 and $106,590, respectively, is included in stock-based compensation expense-related party for the three and six months ended March 31, 2025, and 2024, respectively. The Company valued the RM Warrant at $624,458 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $52,038 and $104,076, respectively, is included in stock-based compensation expense-related party for the three and six months ended March 31, 2025, and 2024, respectively.

~~Additionally~~On March 3, 2023, the Company ~~granted~~entered a Consulting Agreement with an ~~option~~ investor. Pursuant to ~~SGG~~the agreement, athe ~~related~~Company ~~party~~issued (2,000,000 shares of common stock for one year of services. The Company valued the ~~representative~~shares at $80,000 based on the price of ~~which~~the iscommon stock on the date the Company’s ~~COO~~agreed to issue the common stock. The Company also issued the consultant 1), an option to purchase 10,000,000 shares of the Company’s common stock at an exercise price of $0.02 per share with an expiry date of July 1, 2025 ~~(the "CYCA Option”)~~. The ~~CYCA~~options ~~option~~vest ~~vests~~over at the ~~rate~~two-year ofperiod in 25% increments beginning on the ~~first~~ six- month anniversary of the agreement, asand ~~well as~~ 2) a warrant to purchase 250,000 shares of ~~the Reticulate Micro common stock the Company owns (the “~~RM ~~Warrant”).~~Stock ~~The~~at ~~RM Warrant has~~ an exercise price of $1.00 per share ~~and~~with an expiry date of July 1, 2025. The option ~~Company~~to ~~valued~~purchase the ~~CYCA~~Company’s ~~Option~~common stock was valued at $~~639~~449,~~543~~651 based on the Black- Scholes option pricing ~~method~~model and ~~will~~was be amortized ~~through~~over the one-year term of the agreement,. For the three and ~~accordingly~~six months ended March 31, 2024, $5374,~~295~~942, and $187,355 is included in stock-based compensation expense~~-related~~, ~~party for~~respectively, ~~the~~and ~~three~~this ~~months~~option ~~ended~~value ~~December~~was ~~31,~~fully ~~2024,~~amortized ~~and~~as ~~2023~~of September 30, ~~respectively~~2024. The ~~Company~~warrant ~~valued~~to purchase the RM ~~Warrant~~Stock was valued at $624,~~458~~556 based on the Black- Scholes option pricing ~~method~~model and ~~will~~was be amortized ~~through~~over the one-year term of the agreement,. For the three and ~~accordingly~~six months ended March 31, 2024, $52104,~~038~~093 and $260,232 is included in stock-based compensation expense~~-related~~, ~~party~~respectively. ~~for~~and ~~the~~this ~~three~~warrant ~~months~~value ~~ended~~was ~~December~~fully 31amortized as of September 30, 2024. On December 6, 2023, the Company agreed to issue an additional 6,000,000 shares of common stock. The Company valued the 6,000,000 shares at $0.0282 per share and ~~2023~~included stock-based compensation expense of $169,200 ~~respectively~~for the six months ended March 31, 2024.

On ~~March~~April 31, 2023, the Company entered a Consulting Agreement with ana ~~investor.~~third ~~Pursuant~~party ~~to the agreement, the Company issued 2,000,000 shares of common stock~~ for ~~one~~marketing ~~year of~~ services. ~~The~~in ~~Company~~exchange ~~valued~~for ~~the shares at $80~~250,000 ~~based~~shares ~~on the price~~ of ~~the~~restricted common stock ~~on the date the Company agreed to issue the common stock~~. The ~~Company also issued the consultant 1) an option to purchase 10,000,000~~ shares ~~of the Company’s common stock at an exercise price of $0.02 per share with an expiry date of July 1, 2025. The options~~ vest ~~over the two-year period~~ in ~~25%~~12 ~~increments~~equal ~~beginning~~amounts ~~on the six- month anniversary~~ of ~~the agreement and 2) a warrant to purchase 250~~20,~~000 shares of RM Stock at an exercise price of $1~~833.00 ~~per~~For ~~share with an expiry date of July 1, 2025. The option to purchase~~ the ~~Company’s~~three ~~common stock was valued at $449,651 based on the Black Scholes option pricing model~~ and ~~was~~six ~~amortized over the one-year term of the agreement. For the three~~ months ended ~~December~~March 31, ~~2023~~2024, ~~$112,413~~the isCompany ~~included~~has inrecorded stock-based compensation ~~expense and this option value was fully amortized as~~ of ~~September 30, 2024. The warrant to purchase the RM Stock was valued at~~ $~~624~~3,~~556~~006 ~~based on the Black Scholes option pricing model~~ and ~~was amortized over the one-year term of the agreement. For the three months ended December 31, 2023,~~ $~~156~~6,~~139 is included in stock-based compensation expense and this warrant value was fully amortized as of September 30~~012, ~~2024. On December 6~~respectively, ~~2023,~~with the ~~Company~~offset ~~agreed~~ to ~~issue~~accounts anpayable ~~additional 6,000,000 shares of common stock. The Company valued the 6,000,000 shares at $0.0282 per share~~ and ~~included~~accrued ~~stock-based compensation expense of $169,200 for the three months ended December 31, 2023~~expenses.

On21 ~~April~~Table ~~1, 2023, the Company entered a Consulting Agreement with a third party for marketing services in exchange for 250,000 shares~~ of restricted common stock. The shares vest in 12 equal amounts of 20,833. For the three months ended December 31, 2023, the Company has recorded stock-based compensation of $3,006 with the offset to accounts payable and accrued expenses. Contents

On October 1, 2023, the Company entered into a one-year Agreement for Board of Advisor Services with a third party to provide general technical, AI, sales, and marketing services in exchange for 3,000,000 shares of common stock. The Company valued the shares at $80,700 ($0.0269 per share). The shares are to be issued at the end of the term, and the Company is amortizing the expense over the term of the contract. For the three and six months ended ~~December~~March 31, ~~2023~~2024, the Company included $20,175 and $40,350, respectively, in General and Administrative expenses and in accounts payable and accrued expenses. Effective May 1, 2024, the Company amended the October 1, 2023, agreement and agreed to issue 7,000,000 shares, of which 5,000,000 were immediately earned and were issued May 16, 2024, and to issue an additional 2,000,000 shares at the end of the term. The Company valued and expensed the 5,000,000 shares at $142,500 ($0.0285 per share) on the date of the agreement, and the Company is amortizing the expense related to the 2,000,000 shares (valued at $57,000) over the term of the contract. For the three and six months ended ~~December~~March 31, ~~2024~~2025, the Company included $14,250 and $28,500 in General and Administrative expenses and $1452,250 in accounts payable and accrued expenses.

On January 1, 2024, the Company entered into a one-year Consulting Agreement with a third party to provide market awareness services and the identification, evaluation, structuring, negotiating, and closing of joint ventures, strategic alliances, and business acquisitions, in exchange for 3,000,000 shares of common stock. The Company valued the shares at $62,400 and is amortizing the expense over the term of the contract. For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, the Company included $15,600 in General and Administrative expenses.

On January 2, 2024, the Company entered into a one-year Consulting Agreement with a third party to provide market awareness services and the identification, evaluation, structuring, negotiating, and closing of joint ventures, strategic alliances, and business acquisitions, in exchange for a monthly fee of $10,000 per month and 5,000,000 shares of common stock. The shares were issued on January 18, 2024. The Company valued the shares at $104,000 and is amortizing the expense over the term of the contract. For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, the Company included $26,000 in General and Administrative expenses.

18On ~~Table~~April 1, 2024, the Company entered an Agreement for Board of ~~Contents~~Advisor Services with a third party to provide general business, military, governmental, technical, AI, and sales and marketing services, in exchange for 2,500,000 shares of common stock upon execution of the agreement (the “Initial Issuance”) and a further 2,500,000 shares of common stock one year after the execution (the “Final Issuance”). The Initial Issuance of 2,500,000 shares of common stock were issued on May 8, 2024. The Company valued the 5,000,000 shares at $137,500 among which $68,750 related to Initial Issuance and is amortizing over the term of the contract. For the three and six months ended March 31, 2025, the Company included $68,750in General and Administrative expenses, including the amortization of prepaid expenses of $34,375 (Initial Issuance) and $34,375 accrued in accounts payable and accrued expenses (Final Issuance). In connection with the agreement, the Company also agreed to issue a warrant to purchase 50,000 Class A common stock shares of RM Stock owned by the Company, at $1.50 per share and vested immediately. The warrant to purchase the RM Stock was valued at $119,348 based on the Black Scholes option pricing model and was expensed when granted.

On April 123, 2024, the Company entered an Agreement for Board of Advisor Services with a third party to provide ~~general~~assistance ~~business,~~to ~~military,~~the ~~governmental,~~Company ~~technical,~~in ~~AI,~~building ~~and~~its ~~sales~~in house development team and ~~marketing~~manage ~~services~~software projects, in exchange for 23,~~500~~000,000 shares of common stock. ~~upon~~The ~~execution~~Company ofissued ~~the agreement (the “Initial Issuance”) and a further 2~~1,500,000 shares of common stock ~~one~~on ~~year~~May ~~after~~8, ~~the~~2024, ~~execution~~with (the ~~“Final~~balance ~~Issuance”).~~due ~~The~~on ~~Initial~~the ~~Issuance~~one-year ofanniversary ~~2,500,000 shares~~ of ~~common~~the ~~stock were issued on May 8, 2024~~agreement. The Company valued the 53,000,000 shares at $~~137~~67,500 among which $6833,750 related to ~~Initial~~the ~~Issuance~~already issued common shares and is amortizing over the term of the contract. For the three and six months ended ~~December~~March 31, ~~2024~~2025, the Company included $3416,~~375~~875 and $33,750, respectively, in General and Administrative expenses, including the amortization of prepaid expenses of $1716,~~187~~875 ~~(Initial Issuance)~~ and $1716,~~188~~875 accrued in accounts payable and accrued expenses ~~(Final Issuance)~~. In connection with the agreement, the Company also agreed to issue a warrant to purchase 50,000 Class A common stock shares of RM Stock owned by the Company, at $1.50 per share and vested immediately. The warrant to purchase the RM Stock was valued at $119,348 based on the Black Scholes option pricing model and was expensed when granted.

On April 23, 2024, the Company entered an Agreement for Board of Advisor Services with a third party to provide ~~assistance~~general tobusiness, ~~the~~military, ~~Company~~governmental, intechnical, ~~building~~AI, ~~its~~and insales ~~house development team~~ and ~~manage~~marketing ~~software projects~~services, in exchange for 35,000,000 shares of common stock. The Company issued 12,500,000 shares of common stock on May 8, 2024, with the balance due on the one-year anniversary of the agreement. The Company valued the 35,000,000 shares at $67112,500 among which $3356,~~750~~250 ~~related~~relates to the already issued common shares and is amortizing over the term of the contract. For the three and six months ended ~~December~~March 31, ~~2024~~2025, the Company included $1628,~~875~~125 and $56,250, respectively, in General and Administrative expenses, including the amortization of prepaid expenses of $828,~~437~~125 and $828,~~438~~125 accrued in accounts payable and accrued expenses.

OnNOTE April 23, 2024, the Company entered an Agreement for Board of Advisor Services with a third party to provide general business, military, governmental, technical, AI, and sales and marketing services, in exchange for 5,000,000 shares of common stock. The Company issued 2,500,000 shares of common stock on May 8, 2024, with the balance due on the one9 -~~year~~ ~~anniversary~~LICENSE of the agreement. The Company valued the 5,000,000 shares at $112,500 among which $56,250 relates to the already issued common shares and is amortizing over the term of the contract. For the three months ended December 31, 2024, the Company included $28,125 in General and Administrative expenses, including the amortization of prepaid expenses of $14,063 and $14,062 accrued in accounts payable and accrued expenses.AGREEMENT

NOTE 10 - LICENSE AGREEMENT

On August 9, 2022, the Company signed an Intellectual Property License Agreement (the “IPLA”) with Reticulate Micro, Inc. (“RM”). Pursuant to the ten-year term (the “Term”) of IPLA, RM agreed to issue to the Company 5,100,000 shares of RM’s Class A Common Stock and a royalty of 5% of net sales during the Term in exchange for the licensing of the Company’s technology related to its SUPR ISR (the Superior Utilization of Processing Resources- Intelligence, Surveillance and Reconnaissance).

~~RM, a Nevada corporation, was formed on June~~ 22, ~~2022.~~Table ~~Mr. Collins, the Company’s’ former CTO was a co-founder, and a former Director and President and Treasurer~~ of RM. Mr. Chermak, the Company’s former COO is a co-founder, Director and Vice-president and Secretary of RM. Mr. Ansari is a co-founder and former Director of RM. RM had initially issued 1,600,000, 1,000,000 and 1,000,000 shares of Class B Common Stock to Mr. Collins. Mr. Chermak and Mr. Ansari, respectively. On May 15, 2023, Mr. Collins cancelled his 1,600,000 shares of Class B common stock in exchange for 200,000 shares of Class A common stock. As of December 31, 2024, and September 30, 2024, RM has 2,000,000 and 2,000,000 Class B Common Stock shares outstanding, respectively. Each share of the Class B Common Stock has voting rights whereby each share of Class B Common Stock equals 100 voting shares. As of December 31, 2024, and September 30, 2024, RM had 10,479,431 and 10,459,199 Class A common stock shares issued and outstanding, respectively. As of December 31, 2024, the Company has agreed to issue 1,798,767 shares of RM stock (1,780,531 has been issued and an additional 18,236 shares to be issued) in satisfaction of $2,369,500 of principal of convertible notes and $84,888 of accrued interest. The Company also issued 45,000 shares of RM stock in satisfaction of note payable (principal and interest). Accordingly, as of December 31, 2024, and September 30, 2024, the Company’s 3,301,233 shares of RM Class A Common Stock represent approximately 1.57%, respectively of the voting stock of RM. Each share of the Class B Common stock is also convertible into one share of Class A Common Stock.Contents

~~The~~RM, a Nevada corporation, was formed on June 22, 2022. Mr. Collins, the Company’s’ ~~accounts~~former ~~for~~CTO ~~its~~was ~~interest~~a inco-founder, and a former Director and President and Treasurer of RM. ~~under~~Mr. Chermak, the ~~cost~~Company’s ~~method~~former COO is a co-founder, Director and Vice-president and Secretary of ~~accounting~~RM. ~~Due~~Mr. Ansari is a co-founder and former Director of RM. RM had initially issued 1,600,000, 1,000,000 and 1,000,000 shares of Class B Common Stock to Mr. Collins. Mr. Chermak and Mr. Ansari, respectively. On May 15, 2023, Mr. Collins cancelled his 1,600,000 shares of Class B common stock in exchange for 200,000 shares of Class A common stock. As of March 31, 2025, and September 30, 2024, RM ~~just~~has ~~being~~2,000,000 ~~formed~~and at2,000,000 ~~the~~Class ~~time~~B Common Stock shares are outstanding, respectively. Each share of the ~~license~~Class ~~agreement~~B noCommon ~~value~~Stock has ~~been~~voting ~~assigned~~rights towhereby each share of Class B Common Stock equals 100 voting shares. As of March 31, 2025, and September 30, 2024, RM had 10,479,431 and 10,459,199 Class A common stock shares issued and outstanding, respectively. As of March 31, 2025, the ~~investment~~Company has issued 2,620,486 shares of RM stock in satisfaction of $3,502,500 of principal of convertible notes and $280,627 of accrued interest. The Company also issued 45,000 shares of RM stock in satisfaction of note payable (principal and interest). Accordingly, as of March 31, 2025, and September 30, 2024, the Company’s 2,416,278 and 3,319,469 shares, respectively, of RM Class A Common Stock represent approximately 1.15% and 1.57%, respectively of the voting stock of RM. Each share of the Class B Common stock is also convertible into one share of Class A Common Stock.

19The ~~Table~~Company initially accounted for its interest in RM under the cost method of ~~Contents~~accounting. Durin the quarter ending March 31, 2025, the Company pursuant to ASC 321 was able to identify observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Accordingly, Company began to measure its equity investment at fair value in accordance with ASC 820 as of the date that the observable transaction occurred. A separate election to use the alternative needs to be made for each eligible investment and the alternative should be applied consistently from period to period until the investment’s fair value becomes readily determinable. Entities are also required to reassess at each reporting period whether an investment qualifies for the alternative.

~~NOTE~~From 11January 1, 2025, through January 29, 2025, the Company issued 654,860 shares of RM stock in settlement of $803,000 of principal and $138,175 of accrued interest on convertible notes. On January 30, 2025, the Company recorded the initial fair value of the 2,664,609 shares at $9,992,284 the initial value) to marketable securities at fiar value, based on $3.75 per share (the opening price of RM on OTC Markets with the offset to unrealized gain on marketable securities). From January 30, 2025, through March 31, 2025, the Company issued 230,095 shares of RM Class A Common Stock in settlement of $330,000 of principal and $54,820 of accrued interest on convertible notes and recorded a loss on the issuances of the shares of $787,637 which is included in realized losses on its available-for-sale ~~INCOME~~securities ~~TAXES~~in other income (expense), in its Statements of Operations for the three and six months ended March 31, 2025. The Company also recorded net unrealized losses of $2,330,386 for the three and six months ended March 31, 2025, based on the changes in fair value during the three months ended March 31, 2025, reducing the initial value. As of March 31, 2025, the marketable securities at fair value are $6,489,441 and are included in current assets on the balance sheet, and an unrealized gain of $7,661,898, is included Other Income.

NOTE 10 - INCOME TAXES

The Company provides for income taxes under ASC 740, Accounting for Income Taxes. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

In assessing the need for a valuation allowance, management must determine that there will be sufficient taxable income to allow for the realization of deferred tax assets. Based upon the historical and anticipated future income, management has determined that the deferred tax assets do not meet the more-likely-than-not threshold for realizability. Accordingly, there is a full valuation allowance provided against the Company’s deferred tax assets as of ~~December~~March 31, ~~2024~~2025, and September 30, 2024.

Table of Contents

A reconciliation of the provision for income taxes determined at the U.S. statutory rate to the Company’s effective income tax rate is as follows:

	Three months ended December 31,2024			Three months Ended December 31,2023
	Six months ended March 31,2025			Six months Ended March 31,2024
Pre-tax loss	$	(687,143	)	$	(1,059,128	)
Pre-tax income (loss)	$	5,497,681		$	(2,047,669	)
U.S. federal corporate income tax rate		21	%		21	%
Expected U.S. income tax credit		(144,300	)		(222,417	)
Expected U.S. income tax (credit)		1,154,513			(430,010	)
Permanent differences		54(1,~~394~~509,034	)		~~125~~208,~~898~~328
Change of valuation allowance		89354,~~906~~521			96281,~~519~~682
Effective tax expense	$	—		$	—

The Company had deferred tax assets as follows:

	December 31, 2024			September 30, 2024
	March 31, 2025			September 30, 2024
Net operating losses carried forward	$	2,~~535~~799,~~257~~871		$	2,445,350
Less: Valuation allowance		(2,~~535~~799,~~257~~871	)		(2,445,350	)
Net deferred tax assets	$	—		$	—

As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, the Company has approximately $1213,~~073~~332,000 and $11,645,000, respectively, net operating loss carryforwards available to reduce future taxable income. As of ~~December~~March 31, ~~2024~~2025, and September 30, 2024, the Company has no material unrecognized tax benefits which would favorably affect the effective income tax rate in future periods and does not believe that there will be any significant increases or decreases of unrecognized tax benefits within the next twelve months. No interest or penalties relating to income tax matters have been imposed on the Company during the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, and no provision for interest and penalties is deemed necessary as of ~~December~~March 31, ~~2024~~2025, and September 30, 2024.

NOTE 1211 - DEFERRED REVENUE

~~During the three months ended December 31, 2024, and 2023, the Company delivered $230,835 and $-0- in the aggregate of software services to customers under one year subscription periods.~~ The Company records the agreed amounts over the one-year term of the subscription agreements as deferred revenue, classified as a liability on the balance sheet, and amortizes the deferred revenue over the subscription period. For the three and six months ended ~~December~~March 31, ~~2024~~2025, ~~and 2023,~~ the Company recognized $381,~~225~~249 and $2,~~411~~498, ofrespectively, ~~revenue~~compared ~~from~~to ~~these~~$0 ~~agreements~~and $2,411 ~~respectively.~~for Asthe ofthree ~~December~~and ~~31,~~six ~~2024,~~months ~~and~~ended ~~September~~March 3031, 2024, ~~the~~respectively, ~~balance~~ of ~~deferred~~revenue ~~revenues~~from these agreements. As of ~~$195~~March 31,~~524~~ ~~and $2~~2025,~~914~~ isthere ~~included~~remains in$416 ~~the~~of ~~balance~~deferred ~~sheet, respectively~~revenue.

20NOTE ~~Table~~12 of- ~~Contents~~SUBSEQUENT EVENTS

NOTE 13 - SUBSEQUENT EVENTS

On January 27, 2025, the Company issued 180,000 shares of common stock in satisfaction of $4,500 of accrued interest.

On January 31, 2025, the Company issued 180,000 shares of common stock in satisfaction of $4,500 of accrued interest.

From January 22, 2025, through February 7, 2025, noteholders of the aggregate of $1,133,000 of principal of convertible notes payable and $195,740 of accrued and unpaid interest executed Notices of Conversion whereby they will receive 884,955 shares of RM Class A common stock owned by the Company, in full satisfaction of their notes.

The Company has evaluated subsequent events through the date the financial statements were issued. The Company has determined that there are no other such events that warrant disclosure or recognition in the financial statements.

2124 Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following is management’s discussion and analysis of certain significant factors that have affected our financial position and operating results during the periods included in the accompanying consolidated financial statements, as well as information relating to the plans of our current management. This report includes forward-looking statements. Generally, the words “believes,” “anticipates,” “may,” “will,” “should,” “expect,” “intend,” “estimate,” “continue,” and similar expressions or the negative thereof or comparable terminology are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including the matters set forth in this report or other reports or documents we file with the Securities and Exchange Commission from time to time, which could cause actual results or outcomes to differ materially from those projected. Undue reliance should not be placed on these forward -looking statements which speak only as of the date hereof. We undertake no obligation to update these forward-looking statements.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). These accounting principles require us to make certain estimates, judgments, and assumptions. We believe that the estimates, judgments, and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments, and assumptions are made. These estimates, judgments, and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. Our financial statements would be affected to the extent there are material differences between these estimates.

The following discussion should be read in conjunction with our unaudited financial statements and the related notes that appear elsewhere in this Quarterly Report on Form 10-Q.

THE COMPANY

Results of Operations for the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024:

Revenues offor the three and six months ended March 31, 2025, were $381,~~225~~249 and $2,498, respectively, compared to $-0- and $2,411, respectively, for the three and six months ended ~~December~~March 31, 2024, and ~~2023, respectively,~~ were from deferred revenue on subscription agreements being recognized.

Revenues consist of our proprietary software, integration consulting services, tech support and product maintenance billed to the customer. Revenues increased for the three months ended December 31, 2024, compared to the three months ended December 31, 2023, due to an increase in customers and the associated higher deferred revenue recognized on subscription agreements entered into and being recognized in the current quarter.

Operating expenses ~~decreased~~were by$562,035 and $~~348~~1,~~245~~204,241 for the three and six months ended ~~December~~March 31, 2025, compared to $905,710 and $1,896,162 for the three and six months ended March 31, 2024. The decreases of $343,675 and $691,921 for the three and six months ended March 31, 2025, compared to the three and six months ended ~~December~~March 31, ~~2023~~2024, are as shown in the table below:

	Three months ended December 31,
	Three months ended March 31,						Six months ended March 31,
Description	~~2024~~2025			~~2023~~2024			2025			2024
Related party expenses (excluding stock expenses)	$	97,955		$	90,000
Related party expenses (excluding stock-based compensation)	$	97,955		$	90,000		$	195,910		$	180,000
Stock based compensation		~~135~~93,~~229~~628			~~476~~265,~~308~~692			228,856			742,000
Stock based compensation, officers		123,~~783~~383			~~123~~126,~~208~~834			247,167			250,042
Professional fees		5070,~~649~~700			4561,~~001~~500			121,349			106,501
Consulting expenses (excluding stock expenses)		-			167,000
Consulting expenses (excluding stock-based compensation)		-			55,000			-			222,000
General and Administrative officers		4,516			2,618
Depreciation expense		9,161			10,508			19,455			21,084
Depreciation expense		10,294			10,576
Software and demo expenses		7,046			187,174			17,694			187,460
Auto, Travel and Meals and Entertainment		22,161			7,246
General and Administrative, officers		3,146			3,187			1,219			5,805
Rent expense		9,096			6,810
Auto, travel and entertainment		8,996			14,643			31,157			21,889
Investor relations expense		145,267			31,921
Rent expense		13,528			6,372			22,623			13,182
Other operating expenses		43,257			29,764
Transfer agent and filing fees		7,277			7,926			14,493			16,610
Total Operating expenses	$	642,207		$	990,452
Investor relations		103,400			57,560			248,667			89,481
Gain on debt extinguishment		(864	)		(8,789	)		(864	)		(4,834	)
Other operating expenses		24,678			28,103			56,514			44,942
Total	$	562,034		$	905,710		$	1,204,241		$	1,896,162

2225 Table of Contents

Related party expenses (excluding stock expenses) increased for the three and six months ended ~~December~~March 31, ~~2024~~2025, compared to the three and six months ended ~~December~~March 31, ~~2023~~2024, as follows:

	Three months ended December 31,
	Three months ended March 31,				Six months ended March 31,
	2024		2023
Description	2025		2024		2025		2024
Management fees, Chief Executive Officer (CEO)	$	45,000	$	45,000	$	90,000	$	90,000
Management fees, President and Chief Operating Officer (COO)		45,000		45,000
Management fees, Chief Operation Officer (COO)		45,000		45,000		90,000		90,000
Office rent and expenses		7,955		-		15,910		-
Total	$	97,955	$	90,000	$	195,910	$	180,000

Effective January 1, 2023, the monthly fee for the CEO was $15,000 and effective September 1, 2023, the monthly fee for the President and COO was $15,000. Beginning in April 2024, the Company agreed to rent office space for the COO at $2,575 per month plus incidental expenses, on a month to month basis, accordingly, $7,955 and $15,910 is included in related party expenses for the three and six months ended ~~December~~March 31, ~~2024.~~2025, respectively.

Stock-based compensation expenses decreased in the current ~~period~~periods compared to the prior ~~period~~periods. For the three and six months ended ~~December~~March 31, ~~2024~~2025, stock-based expenses include the compensation of $~~135~~93,~~229~~628 and $228,856 related to common stock all previously issued (amortization of prepaids) or to be issued (accrued), pursuant to the terms of each consultant’s contracts. For the three and six months ended ~~December~~March 31, ~~2023~~2024, stock-based expenses ~~include~~, ~~common~~were related to shares issued ~~and valued~~ to consultants of $-0- and $169,200, asrespectively ~~well~~and as the amortization of ~~options, warrants and~~ common stock (pursuant to the terms of each consultant’s contracts), ~~all~~options ~~previously~~and ~~issued~~warrants of $~~307~~265,~~108~~692 ~~for~~and ~~the three months ended December 31~~$572,800, ~~2023~~respectively.

Stock based compensation - officers was comprised pursuant to the agreement with the COO (SGG) to issue 250,000 common shares per month. For the three and six months ended ~~December~~March 31, ~~2024~~2025, the Company recorded expenses of $18,050 and ~~2023~~$36,500, respectively. For the three and six months ended March 31, 2024, the Company recorded ~~expenses~~an expense of $1821,~~450~~500 and $1739,~~875~~375 related to the 250,000 ~~respectively~~shares per month. Additionally, the Company granted an option to SGG (a related party) to purchase 10,000,000 shares of the Company’s common stock at $0.02 per share with an expiry date of July 1, 2025 (the “CYCA Option”). The CYCA option vests at the rate of 25% beginning on the first six-month anniversary of the agreement, as well as a warrant to purchase 250,000 shares of the Reticulate Micro common stock the Company owns (the “RM Warrant”). The RM Warrant has an exercise price of $1.00 per share and an expiry date of July 1, 2025. The Company valued the CYCA Option at $639,543 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $53,295 and $106,590, is included in stock-based compensation expense-related party for the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, respectively. The Company valued the RM Warrant at $624,458 based on the Black-Scholes option pricing method and will be amortized through the term of the agreement, and accordingly, $52,038 and $104,076, is included in stock-based compensation expense-related party for the three and six months ended ~~December~~March 31, ~~2024~~2025, and ~~2023~~2024, respectively.

Professional fees ~~increased~~remained infairly constant for the ~~current~~three ~~period~~and ~~compared~~six tomonths ~~the~~ended ~~prior~~March ~~period~~31, ~~because~~2025, ofcompared ~~higher~~to ~~auditing~~the ~~fees~~three inand ~~the~~six ~~current~~months ~~period~~ended March 31, 2024.

~~Consulting~~26 ~~expenses~~Table ~~(excluding~~of stock expenses) decreased during the three months ended December 31, 2024, compared to the three months ended December 31, 2023, as certain consultants engaged in the prior period were not engaged in the current period.Contents

~~Investor~~Consulting ~~relations~~expenses ~~fees~~(excluding ~~increased~~stock ~~for~~expenses) decreased during the three and six months ended ~~December~~March 31, ~~2024~~2025, compared to the three and six months ended ~~December~~March 31, ~~2023.~~2024, ~~The~~as ~~increases~~certain ~~were~~consultants ~~primarily~~engaged ain ~~result of~~ the ~~Company~~prior ~~attending~~periods ~~trade~~were ~~shows~~not ~~and~~engaged ~~conferences~~in ~~to expose~~ the ~~Company~~current ~~to potential investors~~periods.

23Investor ~~Table~~relations fees increased for the three and six months ended March 31, 2025, compared to the three and six months ended March 31, 2024. The increases were primarily a result of ~~Contents~~the Company attending trade shows and conferences to expose the Company to potential investors.

Other expense, net, for the three and six months ended ~~December~~March 31, ~~2024~~2025, was $64860,~~702~~681 and $925,383, respectively, compared to $7182,~~087~~831 and $153,918 for the three and six months ended ~~December~~March 31, ~~2023~~2024, respectively. The ~~decrease~~increase was a result of ~~certain~~the ~~note~~issuance ~~discounts~~of ~~that~~230,095 ~~were~~shares ~~fully~~of ~~amortized~~RM stock in settlement of $330,000, of principal and $54,820 of accrued interest on convertible notes, where the ~~prior~~Company ~~year~~recognized ~~period~~a loss of $787,637 for the three and six months ended March 31, 2025.

The following tables set forth key components of our balance sheet as of December 31, 2024, and September 30, 2024.

	Three months ended March 31,						Six months ended March 31,
Description	2025			2024			2025			2024
Interest expense	$	73,044		$	82,954		$	137,746		$	154,241
Loss on RM shares issued for debt conversions		787,637			-			787,637			-
Unrealized gain on fair value change of marketable securities		(7,661,898	)		-			(7,661,898	)		-
Interest income		-			(123	)		-			(323	)
Total Other Expense (Income)	$	(6,801,217	)	$	82,831		$	(6,736,515	)	$	153,918

	December 31,2024			September 30,2024
Current Assets	$	1,713,526		$	1,983,881
Long term assets	$	75,682		$	191,310
Total Assets	$	1,789,208		$	2,175,191
Current Liabilities	$	2,713,795		$	2,412,635
Total Liabilities	$	2,713,795		$	2,412,635
Stockholders’ Deficit	$	(924,587	)	$	(237,444	)
Total Liabilities and Stockholders’ Deficit	$	1,789,208		$	2,175,191

The following tables set forth key components of our balance sheet as of March 31, 2025, and September 30, 2024.

	March 31, 2025		September 30, 2024

Current Assets	$	7,492,228	$	1,983,881

Long term assets	$	34,412	$	191,310

Total Assets	$	7,526,640	$	2,175,191

Current and Total Liabilities	$	1,352,688	$	2,412,635

Stockholders’ Equity (Deficit)	$	6,173,952	$	(237,444	)

Total Liabilities and Stockholders’ Equity (Deficit)	$	7,526,640	$	2,175,191

Liquidity and Capital Resources

As of ~~December~~March 31, ~~2024~~2025, we had limited operating capital. Our current capital and our other existing resources will not be sufficient to provide the working capital needed for our current business. Additional capital will be required to meet our obligations, and to further expand our business. We may be unable to obtain the additional capital required. Our inability to generate capital or raise additional funds when required will have a negative impact on our business development and financial results. These conditions raise substantial doubt about our ability to continue as a going concern as well as our recurring losses from operations and the need to raise additional capital to fund operations. This “going concern” could impair our ability to finance our operations through the sale of debt or equity securities.

~~The~~27 ~~accompanying~~Table ~~financial statements have been prepared on a going concern basis, which contemplates the realization~~ of assets and the satisfaction of liabilities in the normal course of business. As of December 31, 2024, the Company had an accumulated deficit of $37,555,035, a working capital deficit of $1,000,269 and has also generated losses since inception. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of these uncertainties. The Company intends to fund operations through equity and/or debt financing arrangements, which may not be sufficient to fund its capital expenditures, working capital and other cash requirements for the foreseeable future.Contents

AsThe ofaccompanying ~~December~~financial ~~31,~~statements ~~2024~~have been prepared on a going concern basis, wewhich ~~had~~contemplates ~~cash~~the realization of ~~$1,008,186~~assets ~~compared~~and tothe ~~$1,439,835~~satisfaction atof ~~September~~liabilities ~~30,~~in ~~2024~~the normal course of business. As of ~~December~~March 31, ~~2024~~2025, wethe Company had ~~current~~an ~~assets~~accumulated deficit of $131,~~713~~370,~~526~~211 and ~~current~~limited ~~liabilities~~revenue. ofThese $2factors,~~713~~ among others,~~795,~~ ~~which~~raise ~~resulted~~substantial indoubt ~~working~~about ~~capital~~the ~~deficiency~~ability of ~~$1,000,269~~the Company to continue as a going concern. The ~~current~~accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities ~~are~~that ~~comprised~~may result from the outcome of ~~accounts~~these ~~payable~~uncertainties. The Company intends to fund operations through equity and/or ~~accrued~~debt ~~expenses~~financing arrangements, ~~related~~which ~~party~~may ~~liabilities,~~not ~~convertible~~be ~~notes~~sufficient ~~payable~~to fund its capital expenditures, working capital and ~~deferred~~other ~~revenue~~cash requirements for the foreseeable future.

As of March 31, 2025, we had cash of $629,061 compared to $1,439,835 at September 30, 2024. As of March 31, 2025, we had current assets of $7,492,228 and current liabilities of $1,352,687, which resulted in working capital of $6,139,540. The current liabilities are comprised of accounts payable and accrued expenses, related party liabilities, convertible notes payable, and deferred revenue.

Operating Activities

For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, net cash used in operating activities was $~~431~~807,~~649~~774 compared to $~~324~~790,~~562~~660 for the ~~three~~six months ended ~~December~~March 31, ~~2023~~2024. For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, our net cash used in operating activities was primarily attributable to ~~the~~ net ~~loss~~income of $~~687~~5,~~143~~497,681, adjusted by the unrealized gain on the fair value change of marketable securities of $7,661,898, the loss on issuance of RM stock in settlement of debt conversions of $787,637, stock-based compensation of $~~259~~476,~~017~~203, and depreciation of $1019,~~294~~455. Net changes of $1374,~~817~~191 in operating assets and liabilities increased the cash used in operating activities.

For the ~~three~~six months ended ~~December~~March 31, ~~2023~~2024, our net cash used in operating activities was primarily attributable to the net loss of $12,~~059~~047,~~128~~669 and gain on debt extinguishment of $4,834, adjusted by stock-based compensation of $~~599~~992,~~516~~042, amortization ~~and~~of ~~depreciation~~note discounts of $2530,~~929~~706, and ~~loss~~amortization onand ~~extinguishment~~depreciation of ~~debt of~~ $321,~~955~~084. Net changes of $~~105~~218,~~166~~011 in operating assets and liabilities decreased the cash used in operating activities.

24 Table of Contents

Investing Activities

For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, the Company purchased $3,000 of property and ~~2023~~equipment. For the six months ended March 31, 2024, there was no cash provided by or used in investing activities.

Financing Activities

For the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, there were no financing activities.

For the ~~three~~six months ended ~~December~~March 31, ~~2023~~2024, the Company received $40557,~~000~~500 in exchange for the issuance of avarious convertible promissory ~~note~~notes.

Critical Accounting Policies

Our significant accounting policies are summarized in Note 3 of our financial statements. While all these significant accounting policies impact our financial condition and results of operations, we view certain of these policies as critical. The SEC requested that all registrants list their most “critical accounting polices” in the Management Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Our management believes that given current facts and circumstances, there are no material estimates or assumptions with levels of subjectivity and judgement necessary to be considered critical accounting policies.

Off Balance Sheet Arrangements

We have no off-balance sheet arrangements, including arrangements that would affect our liquidity, capital resources, market risk support and credit risk support or other benefits.

Item 3. Quantitative and Qualitative Disclosures about Market Risk.

Not Applicable.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

We28 ~~carried~~Table ~~out an evaluation, under the supervision and with the participation~~ of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures as of December 31, 2024. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective for the reasons discussed below.Contents

25We ~~Table~~carried out an evaluation, under the supervision and with the participation of ~~Contents~~our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures as of March 31, 2025. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective for the reasons discussed below.

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of ~~December~~March 31, ~~2024~~2025, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

	1.	We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is an utmost important entity level control over the Company’s financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.
	2.	We did not maintain appropriate cash controls – As of ~~December~~March 31, ~~2024~~2025, the Company has not maintained sufficient internal controls over financial reporting for cash, including failure to segregate cash handling and accounting functions, and did not require dual signatures on the Company’s bank accounts.

Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls.

Our management, including our Chief Executive Officer and our Chief Financial Officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our company have been detected.

Changes in Internal Controls over Financial Reporting

There has been no change in our internal control over financial reporting occurred during the ~~three~~six months ended ~~December~~March 31, ~~2024~~2025, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

2629 Table of Contents

PART II. OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

None.

Item 1A. RISK FACTORS

Not applicable for smaller reporting companies.

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

~~None~~On January 23, 2025, the Company issued 180,000 shares of restricted common stock in settlement of $4,500 of accrued interest.

On January 27, 2025, the Company issued 180,000 shares of restricted common stock in settlement of $4,500 of accrued interest.

Item 3. DEFAULTS UPON SENIOR SECURITIES

None.

Item 4. MINE SAFETY DISCLOSURE

Not applicable.

Item 5. OTHER INFORMATION

	(a)	None.
	(b)	During the quarter ending ~~December~~March 31, ~~2024~~2025, there have not been any material changes to the procedures by which security holders may recommend nominees to the Board of Directors.

2730 Table of Contents

Item 6. EXHIBITS

The following documents are filed as part of this report:

Exhibit No.		Description
3.1		Articles of Incorporation of Cytta Corp.*
3.2		Bylaws of the Company *
3.3		Amendment to Articles of Incorporation Amending Authorized Common and Preferred Stock *
3.4		Amended and Restated Certificate of Designation of Series D Preferred Stock *
3.5		Amended and Restated Certificate of Designation of Series E Preferred Stock *
3.6		Certificate of Designation of Series F Preferred Stock**
10.1		Agreement by and between Cytta Corp and Makena Investment Advisors, LLC dated April 1, 2020 *
10.2		Sublease Agreement by and between Cytta Corp and Michael Collins dated October 25, 2020 *
10.3		Agreement by and between Cytta Corp and Peter Rettman dated August 27, 2020 *
10.4		Share Issuance agreement by and between Cytta Corp and United Financial Inc., dated September 30, 2020 *
10.5		Technology Access Agreement by and between Cytta Corp and Michael Collins dated July 19, 2018 *
14.1		Code of Ethics *
31.1		Certification of Chief Executive Officer required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002***
31.2		Certification of Chief Financial Officer required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002***
32.1		Certification of Chief Executive Officer and the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63***
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).***
101.SCH		Inline XBRL Taxonomy Extension Schema Document.***
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.***
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.***
101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document.***
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.***
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

* Incorporated by reference to the same exhibit to the registration statement filed by the Company on June 28, 2021.

** Incorporated by reference to exhibit 4.1 to the Current Report on Form 8-K filed by the Company on November 26, 2021.

*** Filed herewith

2831 Table of Contents

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.

Dated: ~~February~~September 1430, 2025

/s/ Gary Campbell
Gary Campbell
Chief Executive Officer
(principal executive officer)
(principal financial and accounting officer)

2932

Filing Compare · CYTTA CORP.