---
title: "NAPC Defense 10-Q: $0 Revenue, $(0.01) EPS, Nine‑Month Net Loss $(1.77M)"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/279474715.md"
description: "NAPC Defense reported zero revenue and a net loss of $(1.77M) for the nine months ended January 31, 2026, resulting in a net loss per share of $(0.01). The company is transitioning from treasure recovery to defense products, acquiring CornerShot technology and targeting military and law enforcement sales, including potential contracts in Saudi Arabia. Plans for product expansion include developing small arms and protective gear, with a focus on R&D and licensing strategies."
datetime: "2026-03-17T18:01:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279474715.md)
  - [en](https://longbridge.com/en/news/279474715.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279474715.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/279474715.md) | [English](https://longbridge.com/en/news/279474715.md)


# NAPC Defense 10-Q: $0 Revenue, $(0.01) EPS, Nine‑Month Net Loss $(1.77M)

NAPC Defense reported zero revenue and zero gross profit for the three and nine months ended January 31, 2026, and posted a net loss of $(1,771,934) for the nine months, resulting in a net loss per share of $(0.01). The company recorded a loss from operations of $(1,111,303) for the nine‑month period. These results reflect the company’s transition in business focus during the period.

**Financial Highlights**

-   **Revenue**: $0 for the three and nine months ended January 31, 2026 (prior nine months: $67,467).
-   **Gross profit**: $0 for the three and nine months ended January 31, 2026 (prior nine months: $67,467).
-   **Operating income (loss)**: $(1,111,303) — loss from operations for the nine months ended January 31, 2026.
-   **Net income (loss)**: $(1,771,934) — net loss for the nine months ended January 31, 2026 (prior nine months: $(1,528,996)).
-   **Net loss per share**: $(0.01) — loss per share, basic and diluted, continuing operations for the nine months ended January 31, 2026.

**Business Highlights**

-   **Strategic rebrand and pivot**: The company changed its corporate name to NAPC Defense and shifted its business focus from treasure recovery to defense products and services.
-   **Product and licensing strategy**: Acquired rights to CornerShot technology and related intellectual property with plans for domestic production and licensed sales.
-   **Market channels and partnerships**: Pursuing sales to military and law enforcement customers and targeting international opportunities, including a letter of intent/relationship tied to a potential contract in Saudi Arabia.
-   **R&D and product expansion**: Plans to develop additional defense-related products including small arms, suppressors, protective gear, and to pursue munitions brokering under applicable State Department approvals.

Original SEC Filing: NAPC Defense, Inc. \[ BLIS \] - 10-Q - Mar. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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