Napc Defense, INC 10-K annual reports
Annual reports — audited financials, the full risk-factor list, and management’s account of the year.
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NAPC Defense, Inc. reported significant net losses and a severe working capital deficit, with auditors expressing substantial doubt about its going concern status in its latest 10-K filing.
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NAPC Defense, Inc. filed an amended annual report revealing substantial net losses, a significant working capital deficit, and auditor concerns about its ability to continue as a going concern for the fiscal year ended April 30, 2025.
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NAPC Defense, Inc. reported a significant increase in net losses for fiscal year 2025, fully impairing its intellectual property and discontinuing its former treasure recovery business to focus solely on defense.
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NAPC Defense, Inc., formerly Treasure & Shipwreck Recovery, Inc., reported its full year 2024 results, highlighting a strategic shift towards the defense industry while maintaining its treasure recovery operations.