U.S.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

Mark One

☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~June~~December 3031, 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 No. 333-261614

WELSIS CORP.

(Exact name of registrant as specified in its charter)

Wyoming

8000

EIN 98-1620699

(State or Other Jurisdiction of

Incorporation or Organization)

(Primary Standard Industrial

Classification Number)

(IRS Employer

Identification Number)

WELSIS CORP.

701 E Cathedral Rd.

Ste 45 PMB 405

Philadelphia, PA 19128

Telephone: 212-552-8991

(Address and telephone number of principal executive offices)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to section 12(g) of the Act: None

Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such 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 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 filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

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 7(a)(2)(B) of the exchange act. ☒

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

At ~~August~~January 229, ~~2025~~2026, the number of shares of the Registrant’s common stock outstanding was 2,752,667.

TABLE OF CONTENTS

PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)	3
	Balance Sheet	3
	Statement of Operations	4
	Statement of Stockholders’ Equity	5
	Statement of Cash Flows	6
	Notes to the Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	13
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	16
Item 4.	Controls and Procedures	16

PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	17
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	17
Item 3.	Defaults Upon Senior Securities	17
Item 4.	Mine Safety Disclosures	17
Item 5.	Other Information	17
Item 6.	Exhibits	18
	Signatures	19

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PART I. FINANCIAL INFORMATION

WELSIS CORP.

~~Condensed~~ Balance Sheets

(Unaudited)

	December 31,			September 30,
	2025			2025
	(Unaudited)			(Audited)
ASSETS
Current Assets
Prepaid Expense	$	1,126		$	2,169
Total Current Assets		1,126			2,169

TOTAL ASSETS	$	1,126		$	2,169

LIABILITIES AND SHAREHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued liabilities	$	14,940		$	19,714
Accrued interest		28,120			24,894
Note payable		40,000			40,000
Total Current Liabilities		83,060			84,608

Long term liabilities
Convertible note payable		78,417			67,892
Total Long-term liabilities		78,417			67,892

TOTAL LIABILITIES		161,477			152,500

SHAREHOLDERS' DEFICIT
Common stock: 75,000,000 shares authorized; $0.0001 par value 2,752,667 shares issued and outstanding		276			276
Additional paid in capital		75,519			75,519
Accumulated deficit		(236,146	)		(226,126	)
TOTAL SHAREHOLDERS' DEFICIT		(160,351	)		(150,331	)

TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT	$	1,126		$	2,169

	June 30,			September 30,
	2025			2024
ASSETS
Current Assets
Prepaid Expense	$	2,169		$	-
Total Current Assets		2,169			-
TOTAL ASSETS	$	2,169		$	-
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued liabilities	$	6,714		$	16,919
Accrued interest		21,780			14,777
Note payable		40,000			40,000
Total Current Liabilities		68,494			71,696
Long term liabilities
Convertible note payable		64,998			17,945
Total Long-term liabilities		64,998			17,945
TOTAL LIABILITIES		133,492			89,641
SHAREHOLDERS' DEFICIT
Common stock: 75,000,000 shares authorized; $0.0001 par value 2,752,667 shares issued and outstanding		276			276
Additional paid in capital		75,519			75,519
Accumulated deficit		(207,118	)		(165,436	)
TOTAL SHAREHOLDERS' DEFICIT		(131,323	)		(89,641	)
TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT	$	2,169		$	-

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

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WELSIS CORP.

~~Condensed~~ Statements of Operations

(Unaudited)

	Three Months Ended						~~Nine Months Ended~~
	June 30,						June 30,
	December 31,
	2025			2024			~~2025~~			~~2024~~
REVENUE	$	-		$	-		$	-		$	~~2,000~~
GROSS PROFIT		-			-			-			~~2,000~~
OPERATING EXPENSES
General and administrative expense	$	56,~~928~~793		$	1522,~~688~~244		$	~~34,679~~		$	~~43,979~~
Total operating expenses		56,~~928~~793			1522,~~688~~244			~~34,679~~			~~43,979~~
Loss from Operations		(56,~~928~~793	)		(1522,~~688~~244	)		~~(34,679~~	)		~~(41,979~~	)
OTHER INCOME (EXPENSE)
Gain on debt forgiveness		-			-			-			55,000
Interest expense		(3,227	)		(2,012	)
Interest expense		(2,790	)		(1,664	)		(7,003	)		(3,662	)
Total other income (expense)		(3,227	)		(2,012	)
Total other income (expense)		(2,790	)		(1,664	)		(7,003	)		51,338
NET LOSS	$	(10,020	)	$	(24,256	)
NET INCOME (LOSS)	$	(8,718	)	$	(17,352	)	$	(41,682	)	$	9,359
NET LOSS PER SHARE, BASIC AND DILUTED	$	(0.00	)	$	(0.01	)
NET INCOME (LOSS) PER SHARE, BASIC AND DILUTED	$	(0.00	)	$	(0.01	)	$	(0.02	)	$	0.00
WEIGHTED AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED		2,752,667			2,752,667
WEIGHTED AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED		2,752,667			2,752,667			2,752,667			2,752,667

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

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WELSIS CORP.

~~Condensed~~ Statements of Stockholders’ Deficit

(Unaudited)

~~Nine~~Three Months Ended ~~June~~December 3031, 2025

	Common Stock				Additional					Total
					Additional					Total
	Number of Shares		Amount		Paid in Capital		Accumulated Deficit			Stockholder's Deficit
	Common Stock				Paid in		Accumulated			Stockholder's
Balance - September 30, 2024		2,752,667	$	276	$	75,519	$	(165,436	)	$	(89,641	)
	Number of Shares		Amount		Capital		Deficit			Deficit
Net loss		-		-		-		(24,256	)		(24,256	)
Balance - September 30, 2025		2,752,667	$	276	$	75,519	$	(226,126	)	$	(150,331	)
Balance - December 31, 2024		2,752,667	$	276	$	75,519	$	(189,692	)	$	(113,897	)
Net loss		-		-		-		(10,020	)		(10,020	)
Net loss		-		-		-		(8,708	)		(8,708	)
Balance - December 31, 2025		2,752,667	$	276	$	75,519	$	(236,146	)	$	(160,351	)
Balance - March 31, 2025		2,752,667	$	276	$	75,519	$	(198,400	)	$	(122,605	)
Net loss		-		-		-		(8,718	)		(8,718	)
Balance - June 30, 2025		2,752,667	$	276	$	75,519	$	(207,118	)	$	(131,323	)

~~Nine~~Three Months Ended ~~June~~December 3031, 2024

	Common Stock				Additional					Total
					Additional					Total
	Number of Shares		Amount		Paid in Capital		Accumulated Deficit			Stockholder's Deficit
	Common Stock				Paid in		Accumulated			Stockholder's
Balance - September 30, 2023		2,752,667	$	276	$	22,504	$	(140,753	)	$	(117,973	)
	Number of Shares		Amount		Capital		Deficit			Deficit
Net loss		-		-		-		(13,264	)		(13,264	)
Balance - September 30, 2024		2,752,667	$	276	$	75,519	$	(165,436	)	$	(89,641	)
Balance - December 31, 2023		2,752,667	$	276	$	22,504	$	(154,017	)	$	(131,237	)
Net loss		-		-		-		(24,256	)		(24,256	)
Forgiveness of related party loans		-		-		53,015		-			53,015
Balance - December 31, 2024		2,752,667	$	276	$	75,519	$	(189,692	)	$	(113,897	)
Net income		-		-		-		39,975			39,975
Balance – March 31, 2024		2,752,667	$	276	$	75,519	$	(114,042	)	$	(38,247	)
Net loss		-		-		-		(17,352	)		(17,352	)
Balance -June 30, 2024		2,752,667	$	276	$	75,519	$	(131,394	)	$	(55,599	)

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

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WELSIS CORP.

~~Condensed~~ Statements of Cash Flows

(Unaudited)

	Nine Months Ended
	Three Months Ended
	June 30,
	December 31,
	2025			2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$	(41,682	)	$	9,359
Net loss	$	(10,020	)	$	(24,256	)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of mobile application and website		-			6,000
Gain on debt forgiveness		-			(55,000	)
Changes in operating assets and liabilities:
Prepaid expense		(21,~~169~~043	)		-(4,106	)
Accounts payable and accrued liabilities		(104,~~205~~774	)		2617,~~145~~061
Accrued interest		73,~~003~~226			32,~~662~~012
Net cash used in Operating Activities		(4710,~~053~~525	)		(9,~~834~~289	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from issuance of convertible notes		4710,~~053~~525			-9,289
Net cash provided by Financing Activities		4710,~~053~~525			-9,289
Net changes in cash and cash equivalents		-			~~(9,834~~-	)
Cash and cash equivalents, beginning of period		-			~~9,834~~-
Cash and cash equivalents, end of period	$	-		$	-
Supplemental cash flow information
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-
Non-cash transactions:
Forgiveness of related party debts	$	-		$	53,015

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

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WELSIS CORP.

Notes to the ~~Condensed~~ Unaudited Financial Statements

~~June~~December 3031, 2025

NOTE 1 - NATURE OF OPERATIONS

Welsis Corp. (referred as the “Company”, “we”, “our”) was Incorporated in the State of Wyoming and established on August 16, 2021. We are a development-stage company formed to commence operations concerned with the virtual psychological therapy that is also known as teletherapy or telepsychology services. We have developed a full business plan. Our Company provides counselling and psychological services for adolescents (from 14 years) and adults, for men and women, therapy for individuals, couples and families. Also, we plan to provide our services to specific communities, for example to the corporative sector of business in a form of corporate group sessions or individual ones. We have purchased a website and a working prototype of online services mobile platform application known as “Psychologist-24”.

On March 13, 2024, Dusan Zindovic, the previous majority shareholder of Welsis Corp. (the “Company”), entered into a stock purchase agreement for the sale of 2,000,000 shares of Common Stock of the Company to Skywest Pinnacle Limited. The closing of the purchase and sale occurred on April 1, 2024. As a result of the acquisition, Skywest Pinnacle Limited holds approximately 73% of the issued and outstanding shares of Common Stock of the Company, and as such it is able to unilaterally control the election of our board of directors, all matters upon which shareholder approval is required and, ultimately, the direction of our Company. Also effective April 1, 2024, the previous sole officer and director of the company, Dusan Zindovic, resigned his positions with the Company. Upon such resignations, Kwok Boon Kit was appointed as Chief Executive Officer, Treasurer and Secretary, and Director of the Company.

On September 23, 2024, Welsis Corp announced that it is entering the cryptocurrency and blockchain industry by launching TokenTraders.net, a fully functional crypto-exchange site. Tokentraders.net allows users to exchange and trade cryptocurrencies with ease by utilizing real time rates at minimal fees. Tokentraders.net also has an in-built crypto wallet which allows its users to securely store their cryptocurrencies safely.

NOTE 2 - ~~SUMMARY~~GOING ~~OF SIGNIFICANT ACCOUNTING POLICIES~~CONCERN

The Company’s financial statements have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.

As reflected in the financial statements, the Company had an accumulated deficit of $236,146 at December 31, 2025 and negative operating cash flow of $10,525 for the three months ended December 31, 2025. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily operations. Management intends to raise additional funds through equity market, related party loan and loan from unaffiliated parties through the issuance of convertible notes. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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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 generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the ~~nine~~three months ended ~~June~~December 3031, 2025 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, ~~2025~~2026. For further information, refer to the financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, ~~2024~~2025 as filed with the Securities and Exchange Commission on January 1413, ~~2025~~2026.

RECLASSIFICATION

Certain amounts from prior period have been reclassified to conform to the current period presentation. These reclassifications had no impact on reported operating and net loss.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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FAIR VALUE OF FINANCIAL INSTRUMENTS

ASC 820, “Fair Value Measurements and Disclosures”, defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosure requirements for fair value measures. The three levels are defined as follows:

Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments.

Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value.

The carrying amounts of financial instruments such as accounts payable and note payable approximate their fair values because of the short maturity of these instruments.

CASH AND CASH EQUIVALENTS

For the purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.

PREPAID EXPENSE

Prepaid expenses relate to prepayment made for future services in advance that will be expensed over time as the benefit of the services is received in the future expected. As of ~~June~~December 3031, 2025 and September 30, ~~2024~~2025, prepaid expense was $21,~~169~~126 and $02,169, respectively.

INTANGIBLE ASSETS

The Company accounts for intangible assets (including trademarks and formula) in accordance with ASC 350 “Intangibles-Goodwill and Other.”

ASC 350 requires that goodwill and other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of an asset has decreased below it carrying value. In addition, ASC 350 requires that goodwill be tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between annual tests when circumstances indicate that the recoverability of the carrying amount of goodwill may be in doubt. Application of the goodwill impairment test requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units, and determining the fair value. Significant judgments required to estimate the fair value of reporting units include estimating future cash flows, determining appropriate discount rates and other assumptions. Changes in these estimates and assumptions or the occurrence of one or more confirming events in future periods could cause the actual results or outcomes to materially differ from such estimates and could also affect the determination of fair value and/or goodwill impairment at future reporting dates.

The cost of intangible assets with determinable useful lives is amortized to reflect the pattern of economic benefits consumed, either on a straight-line or accelerated basis over the estimated periods benefited. Patents, technology, and other intangibles with contractual terms are generally amortized over their respective legal or contractual lives. When certain events or changes in operating conditions occur, an impairment assessment is performed and lives of intangible assets with determinable lives may be adjusted. (Note 4)

Mobile Application and Website development- amortization

The Company is using straight- line amortization for our mobile application and website since they are fully operational as of September 1, 2021.

Mobile Application and Website – $40,000

Term of amortization – 5 years

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~~For~~ASC 350 requires that goodwill and other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate that the ~~nine~~ ~~months~~fair ~~ended~~value ~~June~~of 30an asset has decreased below it carrying value. In addition, ~~2025~~ASC 350 requires that goodwill be tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and ~~2024~~between annual tests when circumstances indicate that the recoverability of the carrying amount of goodwill may be in doubt. Application of the goodwill impairment test requires judgment, ~~amortization~~including ~~was~~the $0identification of reporting units, assigning assets and $6liabilities to reporting units,~~000~~ assigning goodwill to reporting units, ~~respectively~~and determining the fair value. Significant judgments required to estimate the fair value of reporting units include estimating future cash flows, determining appropriate discount rates and other assumptions. Changes in these estimates and assumptions or the occurrence of one or more confirming events in future periods could cause the actual results or outcomes to materially differ from such estimates and could also affect the determination of fair value and/or goodwill impairment at future reporting dates.

~~Since~~The ~~the~~cost ~~mobile~~of ~~application~~intangible ~~and~~assets ~~website~~with ~~were~~determinable ~~used~~useful ~~for~~lives ~~psychological~~is ~~consultation~~amortized ~~which~~to ~~ceased~~reflect ~~since~~ the ~~change~~pattern of ~~management~~economic benefits consumed, either on ~~April~~a 1straight-line or accelerated basis over the estimated periods benefited. Patents, ~~2024~~technology, ~~the~~and ~~assets~~other ~~were~~intangibles ~~fully~~with ~~impairment~~contractual terms are generally amortized over their respective legal or contractual lives. ~~During~~When ~~the~~certain ~~year~~events ~~ended~~or ~~September~~changes ~~30,~~in ~~2024,~~operating ~~the~~conditions ~~Company~~occur, ~~recorded~~an impairment ~~loss~~assessment is performed and lives of ~~$15,333~~intangible assets with determinable lives may be adjusted.

LONG LIVED ASSETS

Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.

REVENUE RECOGNITION

The Company recognizes revenue from the sale of products in accordance with ASC 606, “Revenue Recognition” following the five steps procedure:

Step 1: Identify the contract(s) with customers

Step 2: Identify the performance obligations in the contract

Step 3: Determine the transaction price

Step 4: Allocate the transaction price to performance obligations

Step 5: Recognize revenue when the entity satisfies a performance obligation

For the nine months ended June 30, 2025 and 2024, the Company recognized consulting revenue of $0 and $2,000.

CONVERTIBLE FINANCIAL INSTUMENTS

The Company account for our convertible financial instruments in accordance with ASC 470-20 “Debt with Conversion and Other Options.” The Company do not separately present in equity an embedded conversion feature of the convertible debts and do not record BCF on the issuance of convertible notes with conversion rate below the Company’s market stock price on the date of note issuance.

INCOME TAXES

The Company accounts for income taxes pursuant to FASB ASC 740 “Income Taxes”. Pursuant to ASC 740 deferred income taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences, and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The provision for income taxes represents the tax expense for the period, if any, and the change during the period in deferred tax assets and liabilities. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

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ASC 740 also provides criteria for the recognition, measurement, presentation and disclosure of uncertain tax positions. Under ASC 740, the impact of an uncertain tax position on the income tax return may only be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority.

NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed similar to basic net income (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. If applicable, diluted net income per share assumes the conversion, exercise or issuance of all common stock instruments, such as convertible notes, unless the effect is to reduce a loss or increase earnings per share.

9For ~~Table~~the three months ended December 31, 2025 and 2024, the following convertible note was excluded from the computation of ~~Contents~~diluted net loss per shares as the result of the computation was anti-dilutive:

For the nine months ended June 30, 2025 and 2024, the following convertible note was excluded from the computation of diluted net loss per shares as the result of the computation was anti-dilutive:

	December 31,		December 31
	2025		2024
	(Shares)		(Shares)
Convertible Notes		156,834		54,469

	June 30,		June 30
	2025		2024
	(Shares)		(Shares)
Convertible Notes		129,996		21,638

RECENT ACCOUNTING PRONOUNCEMENTS

We have evaluated all recently issued, but not yet effective, accounting pronouncements and do not believe that these accounting pronouncements will have any material impact on our financial statements or disclosures upon adoption.

RECENT ADOPTED ACCOUNTING STANDARDS

In August 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt-Debt with Conversion and Other Options” and ASC subtopic 815-40 “Hedging-Contracts in Entity’s Own Equity.” The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. ASU 2020-06 removes from U.S. GAAP the separation models for (1) convertible debt with a CCF and (2) convertible instruments with a beneficial conversion feature (“BCF”). With the adoption of ASU 2020-06, entities will not separately present in equity an embedded conversion feature these debts. The amendments in this update are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted. The adoption of ASU 2023-09 has not had a material effect on the Company’s statements and disclosures.

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280). The amendments in this update expand segment disclosure requirements, including new segment disclosure requirements for entities with a single reportable segment among other disclosure requirements. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024.The adoption of ASU 2023-07 has not had a material effect on the Company’s statements and disclosures.

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures (“ASU 2023-09”), which is intended to enhance the transparency and decision usefulness of income tax disclosures. The amendments in ASU 2023-09 provide for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. ASU 2023-09 is effective for the Company prospectively to all annual periods beginning after December 15, 2024. Early adoption is permitted. The adoption of ASU 2023-09 has not had a material effect on the Company’s statements and disclosures.

NOTE 3 - GOING CONCERN

As reflected in the financial statements, the Company had an accumulated deficit of $207,118 at June 30, 2025 and negative operating cash flow of $47,053 for nine months ended June 30, 2025. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

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NOTE 4 – ~~RELATED~~NOTE ~~PARTY TRANSACTIONS~~ PAYABLE

During the nine months ended June 30, 2024, the Company incurred debt forgiveness of $53,015, comprised of $38,615 for payable amount to the Company’s former Director who resigned on April 1, 2024 upon the change of control and $14,400 for payable amount to the Company’s majority shareholder. The gain on debt forgiveness was recorded to additional paid in capital.

During the nine months ended June 30, 2024, the Company incurred consulting fees of $3,000 to the former Director of the Company.

NOTE 5 – NOTE PAYABLE

On September 1, 2021, the Company issued to a non-affiliate of $40,000. The note has a maturity term of two years and bears interest at 10% per annum and default interest rate of 12% per annum.

During the ~~nine~~three months ended ~~June~~December 3031, 2025 and 2024, the note interest was $51,~~045~~858 and $31,~~662~~650, respectively.

As of ~~June~~December 3031, 2025 and September 30, ~~2024~~2025, note payable was $40,000 and accrued interest payable was $1923,~~604~~264 and $1421,~~559~~407, respectively. The note is currently in default.

NOTE 65 – CONVERTIBLE NOTE PAYABLE

On June 30, 2024, the Company issued to an unaffiliated party a convertible note at $10,819 for paying operating expenses on behalf of the Company. The convertible note has maturity term of six years, bears interest at 8% per annum and is convertible at $0.50 per share.

On September 30, 2024, the Company issued to an unaffiliated party a convertible note at $7,126 for paying operating expenses on behalf of the Company. The convertible note has maturity term of six years, bears interest at 8% per annum and is convertible at $0.50 per share.

On December 31, 2024, the Company issued to an unaffiliated party a convertible note at $9,289 for paying operating expenses on behalf of the Company. The convertible note has maturity term of six years, bears interest at 8% per annum and is convertible at $0.50 per share.

On March 31, 2025, the Company issued to an unaffiliated party a convertible note at $25,869 for paying operating expenses on behalf of the Company. The convertible note has maturity term of six years, bears interest at 8% per annum and is convertible at $0.50 per share.

On June 30, 2025, the Company issued to an unaffiliated party a convertible note at $11,895 for paying operating expenses on behalf of the Company. The convertible note has maturity term of six years, bears interest at 8% per annum and is convertible at $0.50 per share.

~~During~~On September 30, 2025, the ~~nine~~Company ~~months~~issued ~~ended~~to ~~June~~an ~~30,~~unaffiliated ~~2025~~party ~~and~~a ~~2024~~convertible note at $2,894 for paying operating expenses on behalf of the Company. The convertible note ~~interest~~has ~~was~~maturity $1term of six years,~~958~~ bears interest at 8% per annum and is convertible at $0,.50 ~~respectively~~per share.

AsOn ofDecember ~~June 30~~31, 2025, ~~and~~the ~~September~~Company ~~30,~~issued ~~2024,~~to an unaffiliated party a convertible note ~~payable~~at ~~was~~ $6410,~~998~~525 ~~and~~for ~~$17,945~~paying ~~and~~operating ~~accrued~~expenses ~~interest~~on ~~payable~~behalf ~~was~~of $2the Company. The convertible note has maturity term of six years,~~176~~ bears interest at 8% per annum and is convertible at $~~218,~~0.50 ~~respectively~~per share.

~~NOTE~~During 7the -three ~~EQUITY~~months ended December 31, 2025 and 2024, the note interest was $1,369 and $362, respectively.

~~The~~As ~~Company~~of ~~has~~December 7531,~~000~~ 2025 and September 30,~~000~~ 2025, convertible note payable was $~~0.0001~~78,417 ~~par~~and ~~value~~$67,892 ~~shares~~and ofaccrued ~~common~~interest ~~stock~~payable ~~authorized~~was $4,856 and 3,487, respectively.

As of June 30, 2025 and September 30, 2024, the issued and outstanding common stock was 2,752,667 shares.

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NOTE 86 –- ~~SEGMENT REPORTING~~EQUITY

The Company has 75,000,000, $0.0001 par value shares of common stock authorized.

As of December 31, 2025 and September 30, 2025, the issued and outstanding common stock was 2,752,667 shares.

NOTE 7 – SEGMENT REPORTING

Operating segments comprised of the components of an entity in which separate information is available for evaluation by the Company’s chief operating decision maker, or group of decision makers, in determining how to allocate resources in evaluating performance. The Company consists of a single reporting segment: cryptocurrency and blockchain industry. The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer.

Through ~~June~~September 30, 2025, the Company is still in development stage. Upon the start of its operation, the CODM will evaluate the performance of the cryptocurrency and blockchain industry segment based on the Company’s net income (loss) as reported in the Statements of Operations. The Company’s segment assets are reported on the Balance Sheets.

The CODM will review performance based on gross profit, operating profit, net earnings and net earnings excluding the impact of the fair value adjustment, a non-GAAP financial measure. Operating profit is reviewed to monitor the operating and administrative expenses of the Company. Profitability is important to the Company’s ability to grow and expand operations and strategic initiatives. The Company do now anticipate any operations or sources of revenue outside of the United States.

NOTE 98 – SUBSEQUENT EVENTS

In accordance with ASC 855, “Subsequent Events,” the Company has ~~analysed~~analyzed its operations subsequent to ~~June~~December 3031, 2025 to the date these financial statements were issued and has determined that it does not have any material subsequent event to disclose in these financial statements.

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

FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "August," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what June occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

General Overview

Welsis Corp. (the “Company”) was incorporated in the State of Wyoming and established on August 16, 2021. We were a development stage startup company provided an online psychological help services, which are also known as teletherapy or telepsychology services. We purchased the telehealth platform, delivering on-demand professional psychological consultations anytime, anywhere, via mobile devices, the internet, video and phone calls. Our solution connects consumers with our board-certified specialists. We provided counseling and psychological services for adolescents (from 14 years) and adults, for men and women, therapy for individuals, couples and families.

On March 13, 2024, Dusan Zindovic, the previous majority shareholder of the Company, entered into a stock purchase agreement for the sale of 2,000,000 shares of Common Stock of the Company to Skywest Pinnacle Limited. The closing of the purchase and sale occurred on April 1, 2024. As a result of the acquisition, Skywest Pinnacle Limited holds approximately 73% of the issued and outstanding shares of Common Stock of the Company, and as such it is able to unilaterally control the election of our board of directors, all matters upon which shareholder approval is required and, ultimately, the direction of our Company. Also effective April 1, 2024, the previous sole officer and director of the company, Dusan Zindovic, resigned his positions with the Company. Upon such resignations, Kwok Boon Kit was appointed as Chief Executive Officer, Treasurer and Secretary, and Director of the Company.

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Results of Operations

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

Three months ended ~~June~~December 3031, 2025 compared to three months ended ~~June~~December 3031, 2024

	Three Months			Three Months
	Ended			Ended
	June 30,			June 30,
	December 31,			December 31,
	2025			2024			Changes
Revenue	$	-		$	-		$	-
Operating Expenses	$	56,~~928~~793		$	1522,~~688~~244		$	(915,~~760~~451	)
Other Expenses	$	(2,790	)	$	(1,664	)	$	(1,126	)
Other Income (Expenses)	$	(3,227	)	$	(2,012	)	$	(1,215	)
Net Loss	$	(8,718	)	$	(17,352	)	$	8,634
Net Income (Loss)	$	(10,020	)	$	(24,256	)	$	14,236

The Company incurred net loss of $810,~~718~~020 during the three months ended ~~June~~December 3031, 2025 as compared to net loss of $1724,~~352~~256 during the three months ended ~~June~~December 3031, 2024. The decrease in net loss was due to the decrease in professional fees.

Nine months ended June 30, 2025 compared to nine months ended June 30, 2024

	Nine Months			Nine Months
	Ended			Ended
	June 30,			June 30,
	2025			2024		Changes
Revenue	$	-		$	2,000	$	(2,000	)
Operating Expenses	$	34,679		$	43,979	$	(9,300	)
Other Income (Expenses)	$	(7,003	)	$	51,338	$	(58,341	)
Net Income (Loss)	$	(41,682	)	$	9,359	$	(51,041	)

The Company incurred net loss of $41,682 during the nine months ended June 30, 2025 as compared to net income of $9,359 during the nine months ended June 30, 2024. During the nine months ended June 30, 2024, the Company recognized gain on debt loan forgiveness of $55,000 for payable amount due to a non-affiliate related to acquisition of mobile application and website.

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Liquidity and Capital Resources

Working Capital

	As of			As of
	June 30,			September 30,
	December 31,			September 30,
	2025			2024			Changes
Current Assets	$	21,~~169~~126		$	-2,169		$	2(1,~~169~~043	)
Current Liabilities	$	6883,~~494~~060		$	7184,~~696~~608		$	(31,~~202~~548	)
Working Capital (Deficiency)	$	(6681,~~325~~934	)	$	(7182,~~696~~439	)	$	~~5,371~~505

As at ~~June~~December 3031, 2025, our Company had prepaid expense of $21,~~169~~126. As of ~~September~~December 3031, ~~2024~~2025, our Company had no cash ~~and assets~~.

Our current liabilities decreased from $7184,~~696~~608 as of ~~September~~December 3031, ~~2024~~2025 to $6883,~~494~~060 as of ~~June~~December 3031, 2025 mainly due to the decrease in accounts payable and accrued liabilities.

As at ~~June~~December 3031, 2025, our Company had a working capital deficiency of $6681,~~325~~934 compared with a working capital deficiency of $7182,~~696~~439 as at September 30, 2024. The decrease in working capital deficit was mainly due to the decrease in accounts payable and accrued liabilities.

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Cash Flows

	Nine Months			Nine Months
	Three Months			Three Months
	Ended			Ended
	June 30,			June 30,
	December 31,			December 31,
	2025			2024			Changes
Net cash used in Operating Activities	$	(4710,~~053~~525	)	$	(9,~~834~~289	)	$	(371,~~219~~236	)
Net cash used in Investing Activities	$	-		$	-		$	-
Net cash provided by Financing Activities	$	4710,~~053~~525		$	-9,289		$	471,~~053~~236
Net changes in cash and cash equivalents	$	-		$	~~(9,834~~-	)	$	~~9,834~~-

Cash Flow from Operating Activities

We have not generated positive cash flow from operating activities. During the ~~nine~~three months ended ~~June~~December 3031, 2025 and 2024, net cash used in operating activities was $47$10,~~053~~525 and $9,~~834~~289, respectively.

Cash flows used in operating activities during the ~~nine~~three months ended ~~June~~December 3031, 2025, comprised of a net loss of $4110,~~682~~020, increased by net changes in operating assets and liabilities of $~~5,371~~505.

Cash flows used in operating activities during the ~~nine~~three months ended ~~June~~December 3031, 2024, comprised of a net ~~income~~loss of $924,~~359~~256 reduced by ~~gain on debt forgiveness of $55,000, and increased by amortization of mobile application and website of $6,000 and~~ net changes in operating liabilities of $2914,~~807~~967.

Cash Flow from Investing Activities

The Company do not have any investing activities during the ~~nine~~three months ended ~~June~~December 3031, 2025 and 2024.

Cash Flow from Financing Activities

During the ~~nine~~three months ended ~~June~~December 3031, 2025 and 2024, net cash used in financing activities was $4710,~~053~~525 and $9,289 related to proceed from issuance of convertible notes., respectively.

The Company do not have any financing activities during the ~~nine~~three months ended ~~June~~December 3031, 2024.

Plan of Operation and Funding

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

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Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing August not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we August not be able to take advantage of prospective new business endeavours or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.

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Off-Balance Sheet Arrangements

As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Going Concern

The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 4. Controls and Procedures

Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer (our principal executive officer, principal financial officer and principal accounting officer), has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a- 15(e) and 15d- 15(e) under the Securities Exchange Act of 1934, as amended (Exchange Act)), as of the end of the period covered by this Quarterly Report on Form 10-Q. Based on such evaluation, our Chief Executive Officer has concluded that as of such date, our disclosure controls and procedures were not effective such that the information relating to us required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) 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.

Changes in Internal Control Over Financial Reporting

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II. OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings against us, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our company.

Item 1A. Risk Factors

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

None.

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Item 6. Exhibits

Exhibit		Description
31.1		Certification of the Company’s Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

32.1		Certification of the Company’s Principal Executive Officer and Principal Financial pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002**

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 Label Linkbase Document*

101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document*

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)*

_____________

*	Filed herewith.
**	Furnished and not filed

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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.

	Welsis Corp.	~~Welsis Corp.~~
	(Registrant)	~~(Registrant)~~
Dated: August 12, 2025		/s/ Kwok Boon Kit
Dated: February 17, 2026	/s/ Kwok Boon Kit
	Kwok Boon Kit	~~Kwok Boon Kit~~
	Director and CEO	~~Director and CEO~~

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