UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-Q

[X] Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended ~~May~~November 3130, 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 333-275161

E-SMART CORP.

(Exact name of registrant as specified in its charter)

Nevada	7371		35-2810816
(State or Other Jurisdiction of Incorporation or Organization)		(Primary Standard Industrial Classification Number)		(IRS Employer Identification Number)

Diana Vasylenko

7311 Oxford Ave

Philadelphia, PA 19111

Tel. +1620-3079197

Email: [email protected]

(Address, including zip code, and telephone number, including area code,

of registrant's principal executive offices)

Indicate by ~~check~~checkmark ~~mark~~ whether the ~~registrant~~issuer: (1) has filed all reports required to be filed by Section 13 or 15 (d) of the ~~Securities~~ Exchange Act ~~of 1934~~ during the past ~~preceding~~ 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~~ requirements for the past 90 days. Yes ( [X) ] 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 [X] ~~( )~~ No ~~(X)~~[ ]

~~Indicate~~Large ~~by check mark whether the registrant is a large~~ accelerated filer, an[ ~~accelerated~~] Accelerated filer, a[ ~~non~~] Non-accelerated filer, or[X] aSmaller ~~smaller~~ reporting company. ~~See~~[X] ~~the~~Emerging ~~definitions~~growth ~~of “large accelerated filer,” “accelerated filer” and “smaller reporting~~ company” ~~in Rule 12b-2 of the Exchange Act. (Check one):~~[X]

~~Large~~If an ~~accelerated~~emerging ~~filer~~growth (company, )indicate ~~Large~~by ~~accelerated~~check ~~filer~~mark (if )the ~~Non-accelerated~~registrant ~~filer~~has ~~(Х)~~elected ~~Smaller~~not ~~reporting~~to ~~company~~use ~~(X)~~the ~~Emerging~~extended ~~growth~~transition ~~company~~period for complying with any new or revised financial accounting standards provided pursuant to Section 13(Xa) of the Exchange Act. [ ]

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 (X)

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 5,799,469 common shares issued and outstanding as of ~~July~~January 14, ~~2025~~2026.

E-SMART CORP.

QUARTERLY REPORT ON FORM 10-Q

TABLE OF CONTENTS

		Page
PART I	FINANCIAL INFORMATION:
Item 1.	Financial Statements (Unaudited)	3
	Condensed Balance Sheets as of May 31, 2025 (Unaudited) and August 31, 2024	4
	Condensed Balance Sheets as of November 30, 2025 (Unaudited) and August 31, 2025	4
	Condensed Statements of Operations for the three and nine months ended May 31, 2025 and 2024 (Unaudited)	5
	Condensed Statements of Operations for the three months ended November 30, 2025 and 2024 (Unaudited)	5
	Condensed Statements of Changes in Stockholders’ Equity (Deficit) for the three and nine months May 31, 2025 and 2024 (Unaudited)	6
	Condensed Statements of Changes in Stockholders’ Deficit for the three months ended November 30, 2025 and 2024 (Unaudited)	6
	Condensed Statements of Cash Flows for the nine months ended May 31, 2025 and 2024 (Unaudited)	7
	Condensed Statements of Cash Flows for the three months ended November 30, 2025 and 2024 (Unaudited)	7
	Notes to the Condensed Financial Statements for the three and nine months ended May 31, 2025 and 2024 (Unaudited)	8
	Notes to the Condensed Financial Statements for the three months ended November 30, 2025 and 2024 (Unaudited)	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1413
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1617
Item 4.	Controls and Procedures	1617
PART II	OTHER INFORMATION:
Item 1.	Legal Proceedings	1718
Item 1A	Risk Factors	1718
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1718
Item 3.	Defaults Upon Senior Securities	1718
Item 4.	Submission of Matters to a Vote of Securities Holders	1718
Item 5.	Other Information	1718
Item 6.	Exhibits	1718
	Signatures	1718

PART 1 – FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying interim financial statements of E-Smart Corp. (“the Company”, “we”, “us” or “our”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted principles have been condensed or omitted pursuant to such rules and regulations.

The interim financial statements are condensed and should be read in conjunction with the company’s latest annual financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

E-SMART CORP.

Condensed Balance Sheets

		May 31, 2025 (unaudited)		August 31, 2024
		November 30, 2025 (Unaudited)		August 31, 2025
ASSETS
Current Assets
Cash and cash equivalents	$	43,~~358~~999	$	~~546~~6,825
Total Current Assets		4,358		546
Prepaid Expenses		31,374		20,274
Other Current Assets
Total Current Assets		35,373		27,099
Prepaid Expenses		19,371		-
Accounts Receivable		2,500		-
Total Other Current Assets		21,871		-
Intangible assets
Intangible assets, net		173,800		173,800
Intangible assets		173,800		173,800
Accumulated Amortization		(50,928)		(24,858)
Accumulated amortization		(68,308)		(59,618)
Total Intangible assets		~~122~~105,~~872~~492		~~148~~114,~~942~~182
Total Assets	$	~~149~~140,~~101~~865	$	~~149~~141,~~488~~281
STOCKHOLDERS’ DEFICIT AND LIABILITIES
Liabilities
Current Liabilities
Related Party Loans	$	202,046	$	180,297
Related Party Loan	$	208,063	$	200,790
Deferred Revenue		3,133		-
Accounts Payable		3,948		198
Accounts Payable		10,198		-
Deferred Revenue		8,141		-
Total Current Liabilities		~~215~~220,~~377~~152		~~180~~200,~~297~~988
Total Liabilities		~~215~~220,~~377~~152		~~180~~200,~~297~~988
Stockholders’ Deficit
Common stock, par value $0.001; 75,000,000 shares authorized, 5,799,469 shares issued and outstanding as of May 31, 2025 and 4,500,000 as of August 31, 2024		5,799		4,500
Common stock, par value $0.001; 75,000,000 shares authorized, 5,799,469 shares issued and outstanding as of November 30, 2025 and August 31, 2025, respectively		5,799		5,799
Additional Paid-in Capital		4247,~~090~~176		644,~~905~~742
Accumulated deficit		(~~114~~132,~~165~~262)		(42110,~~215~~249)
Total Stockholders’ Deficit		(6679,~~276~~287)		(3059,~~810~~708)
Total Liabilities and Stockholders’ Deficit	$	~~149~~140,~~101~~865	$	~~149~~141,~~488~~281

See accompanying notes, which are an integral part of these financial statements

E-SMART CORP.

Condensed Statements of Operations (Unaudited)

		Three months ended May 31, 2025		Three months ended May 31, 2024		Nine month ended May 31, 2025		Nine months ended May 31, 2024
		Three months ended November 30, 2025		Three months ended November 30, 2024
REVENUES	$	9,~~756~~609	$	4,~~100~~451	$	~~20,101~~	$	~~7,000~~
Discounts given		-		(9432)		~~(42)~~		~~(94)~~
GROSS PROFIT		9,~~756~~609		4,~~006~~419		~~20,059~~		~~6,906~~
OPERATING EXPENSES
General and Administrative Expenses		4129,~~582~~188		1116,~~675~~579		~~84,770~~		~~33,864~~
TOTAL OPERATING EXPENSES		(4129,~~582~~188)		(1116,~~675~~579)		~~(84,770)~~		~~(33,864)~~
LOSS FROM OPERATIONS		(3119,~~826~~579)		(712,~~669~~160)		~~(64,711)~~		~~(26,958)~~
OTHER LOSS
Interest Income		-		15		5		29
Interest Expense		(2,~~597~~434)		-(2,359)		~~(7,246)~~		-
TOTAL OTHER LOSS		(2,~~597~~434)		1(2,355)		~~(7,241)~~		29
PROVISION FOR INCOME TAXES		-		-		-		-
NET LOSS	$	(3422,~~423~~013)	$	(714,~~668~~514)	$	~~(71,952)~~	$	~~(26,929)~~
NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.0100)	$	(0.00)	$	~~(0.01)~~	$	~~(0.01)~~
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		5,799,469		4,~~500~~719,~~000~~210		~~5,411,413~~		~~4,500,000~~

See accompanying notes, which are an integral part of these financial statements

E-SMART CORP.

Condensed Statements of Changes in Stockholders’ ~~Equity (~~Deficit)

For the three ~~and nine~~ months ended ~~May~~November 3130, 2025 ~~and~~ and 2024 (Unaudited)

	Common Stock				Additional Paid-in		Accumulated Deficit		Total Stockholders’
	Shares	~~Amount~~	Amount		Capital				Equity/ (Deficit)
Balance, August 31, 2023	4,500,000	$	4,500	$	-	$	(979)	$	3,521
Net Loss for the Period	-		-		-		(12,155)		(12,155)
Balance, November 30, 2023	4,500,000	$	4,500	$	-	$	(13,134)	$	(8,634)
Net Loss for the Period	-		-		-		(14,774)		(14,774)
Balance, May, 2024	4,500,000	$	4,500	$	-	$	(27,908)	$	(23,408)
Balance, August 31, 2024	4,500,000	$	4,500	$	6,905	$	(42,215)	$	(30,810)
Common Shares Issued for Cash	1,020,003		1,020		21,930		-		22,950
Imputed Interest	-		-		2,359		-		2,359
Net Loss for the Period	-		-		-		(14,514)		(14,514)
Balance, November 30, 2024	5,520,003	$	5,520	$	31,194	$	(56,729)	$	(20,015)
Common Shares Issued for Cash	279,466		279		6,009		-		6,288
Balance, August 31, 2025	5,799,469	$	5,799	$	44,742	$	(110,249)	$	(59,708)
Imputed Interest	-		-		42,~~887~~434		-		42,~~887~~434
Net Loss for the Period	-		-		-		(5722,~~436~~013)		(5722,~~436~~013)
Balance, May 31, 2025	5,799,469	$	5,799	$	42,090	$	(114,165)	$	(66,276)
Balance, November 30, 2025	5,799,469	$	5,799	$	47,176	$	(132,262)	$	(79,287)

See accompanying notes, which are an integral part of these financial statements

E-SMART CORP.

Condensed Statements of Cash Flows (Unaudited)

	For the nine months ended May 31, 2025			For the nine months ended May 31, 2024
		For the three months ended November 30, 2025		For the three months ended November 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(7122,~~952~~013)	$	$(14,514)	~~(26,929)~~
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization		268,~~070~~690		8,690	~~16,608~~
Accounts Payable		103,~~198~~750		-	~~(1,500)~~
Accounts Receivable		(2,500)			307
Prepaid Expense		(11,100)		(18,321)
Prepaid Expense		(19,371)			-
Deferred revenue		8,141		2,725
Deferred revenue		3,133			-
Imputed Interest		2,434		2,359
Imputed interest		7,246			-
Cash flows used in Operating Activities		(10,098)		(19,061)
CASH FLOWS USED IN OPERATING ACTIVITIES		(47,175)			(11,514)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Intangible Assets		-		-
Intangible Assets		-			(157,300)
Cash flows used in Investing Activities		-		-
CASH FLOWS USED IN INVESTING ACTIVITIES		-			(157,300)
CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Related Party Loan (proceeds /repayment)		7,273		(490)
Director Loan (proceeds /repayment)		21,749			168,594
Issuance of capital stock		-		22,950
Issuance of capital stock		29,238			-
Cash Flows provided by Financing Activities		7,273		22,460
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		50,987			168,594
NET CHANGE IN CASH		2,825		3,399
NET CHANGE IN CASH		3,812			(220)
Cash, beginning of period		6,825		546
Cash, beginning of period		546			225
Cash, end of period	$	3,999	$	3,945
Cash, end of period	$	4,358		$	5
SUPPLEMENTAL CASH FLOW INFORMATION:
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-	$	-
Interest paid	$	-		$	-
Income taxes paid	$	-	$	-
Income taxes paid	$	-		$	-

See accompanying notes, which are an integral part of these financial statements

E-SMART CORP.

Notes to the Condensed Financial Statements

For the three ~~and nine~~ months ended ~~May~~November 3130, 2025 ~~and~~ and 2024 (Unaudited)

Note 1 – ORGANIZATION AND NATURE OF BUSINESS

E-Smart Corp. (“the Company”, “we”, “us” or “our”) was incorporated on June 6, 2023 under the laws of the State of Nevada United States of America. E-Smart Corp. is an innovative digital platform that aims to revolutionize the tattoo industry by efficiently connecting tattoo artists and clients. Our platform is designed to enhance efficiency, simplifying the client-artist interaction process to meet the requirements of both clients and tattoo studios.

Our platform ensures a seamless experience for all users, providing a comprehensive database of skilled tattoo artists. Artists can easily showcase their exceptional work, and expand their client base. By including essential information and direct links to their social media profiles, we facilitate convenient access for users to view portfolios and initiate contact with their preferred artists. Masters interested in joining our platform shall contact us through our designated contacts and apply for inclusion in the database.

Note 2 – GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company currently has losses and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

E-Smart Corp. has generated $209,~~059~~609 of revenue and incurred a net loss of $7122,~~952~~013 for the ~~nine~~three months ended ~~May~~November 3130, 2025, additionally, it’s reporting an accumulated deficit since inception of $~~114~~132,~~165~~262 as of ~~May~~November 3130, 2025.

The Company's capacity to operate as a going concern is reliant on its ability to generate profitable operations in the future and/or secure the required funding to meet its obligations and settle liabilities resulting from standard business operations when they become due. Management plans to finance operational expenses for the next twelve months by using available cash on hand, as well as loans from directors and/or a private offering of Common Stock.

Note 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s year -end is August 31.

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.

Fair Value of Financial Instruments

FASB ASC Topic 820, "Fair Value Measurement," defines fair value as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standards apply to recurring and nonrecurring fair value measurements of financial and non-financial assets and liabilities. The Company determines the fair values of its assets and liabilities based on a fair value hierarchy that includes three levels of inputs that may be used to measure fair value.

The three levels are defined as follows:

Level 1:	defined as observable inputs such as quoted prices in active markets;
Level 2:	defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
Level 3:	defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $43,~~238~~999 and $~~546~~6,825 of cash as ~~May~~November 3130, 2025 and August 31, ~~2024~~2025, respectively.

Prepaid Expenses

Prepaid expenses are amounts paid to secure the use of assets or the receipt of services at a future date or continuously over one or more future periods. When the prepaid expenses are eventually consumed, they are charged to expense.

As of ~~May~~November 3130, 2025 ~~and~~the ~~2024,~~amount of prepaid expenses ~~amounted~~ towas $1931,~~371 and $0, respectively~~374. The balance of prepaid expenses as of ~~May~~November 3130, 2025 relates to a 12-month ~~server~~ lease of servers, marketing services, and search engine optimization (SEO) services for the same period. The 12-month ~~server~~ lease ~~and~~of ~~SEO~~these services ~~were~~was not ~~recognized~~accounted for under ASC 842 due to the Company's ~~election~~decision not to apply the ~~recognition~~ requirements of ASC 842 to short-term leases (leases with a term of twelve months or less). The balance will be amortized onusing athe straight-line ~~basis~~method over the 12-month term. During the three months ended ~~May~~November 2025, we recognized server expenses of $5,100, ofmarketing ~~server~~expenses ~~expense and~~of $34,~~750~~950, ofand SEO ~~services~~service expenses of $3,750.

Accounts Payable

Accounts Payable discloses a liability to a creditor, carried on open account, usually for purchases of goods and services. As of ~~May~~November 3130, 2025, the Company had accounts payable of $103,~~198~~948.

Depreciation, Amortization, and Capitalization

The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. We estimate that the useful life of equipment is 5 years. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income.

As of ~~May~~November 3130, 2025, the Company had accumulated ~~amortization~~ amortization of $5068,~~928~~308.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

All income tax amounts reflect the use of the liability method under accounting for income taxes. Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes arising primarily from differences between financial and tax reporting purposes. Current year expense represents the amount of income taxes paid, payable or refundable for the period.

Deferred income taxes, net of appropriate valuation allowances, are determined using the tax rates expected to be in effect when the taxes are actually paid. Valuation allowances are recorded against deferred tax assets when it is more likely than not that such assets will not be realized. When an uncertain tax position meets the more likely than not recognition threshold, the position is measured to determine the amount of benefit or expense to recognize in the financial statements.

The Company’s income tax returns are subject to review and examination by federal, state and local governmental authorities. As of ~~May~~November 3130, 2025, there is no year currently under examination with federal, state and local governmental authorities. To the extent penalties and interest are incurred through an examination, they would be included in the income tax section of the statement of operations.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

Revenue Recognition

Under Accounting Standards Codification No. 606, "Revenue from Contracts with Customers" ("ASC 606"), the Company recognizes revenue when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. ASC 606 establishes a five-step model for revenue recognition:

1. Identify the contract with the customer: The Company enters into subscription agreements for its API services with customers. The Company offers the "AI Powered Tattoo Artist," a subscription-based API service that utilizes artificial intelligence to generate custom tattoo designs. The "AI Powered Tattoo Artist" API is available through both a free trial plan with limited features and paid subscription plans for different amount of API requests.

2. Identify the performance obligations in the contract: The Company's performance obligation is providing access to its API services for the subscription period.

3. Determine the transaction price: The transaction price is the fixed amount agreed upon in the subscription agreement, adjusted for any variable consideration such as discounts or rebates.

4. Allocate the transaction price to the performance obligations: The transaction price is allocated entirely to the performance obligation of API access.

5. Recognize revenue when (or as) the performance obligation is satisfied: Revenue is recognized over time as API access is provided, typically ratably over the subscription period.

During the nine months ended May 31, 2025 and 2024 the Company recorded revenue of $20,059 and $6,906, respectively. As of May 31, 2025 and August 31, 2024 the Company reported deferred revenue of $3,133 and $0, respectively. Accounts receivable was $2,500 and $0 as of May 31, 2025 and August 31, 2024.10

During the three months ended November 30, 2025 and 2024 the Company recorded revenue of $9,609 and $4,419, respectively. As of November 30, 2025 and August 31, 2025 the Company reported deferred revenue of $8,141 and $0, respectively. Accounts receivable was $0 as of November 30, 2025 and August 31, 2025.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

Note 4 – INTANGIBLE ASSETS

Intangible ~~assets~~ assets relate to the website and API software, which the Company purchased on June 30, 2023. The ~~Website~~website was put on use on August 30, 2023 and amortization is expected to cover a period of 5 years. As of ~~May~~November 3130, 2025, the amount of intangible assets is $173,800 consisting of website and API. Amortization ~~expense~~ expense for the ~~nine~~three months ended ~~May~~November 3130, 2025 was $268,~~070~~690. Accumulated amortization as of ~~May~~November 3130, 2025 was $5068,~~928~~308.

Intangible assets amounts are as follows:

		Website Development		Ai-Powered Tattoo Cost Calculator Api	~~Ai-Powered Tattoo Cost Calculator Api~~	Total	~~Total~~
Estimated Useful Life (Years)		5		5	5
Total Cost of the Asset	$	81,000	$	92,800	~~92,800~~$	$173,800	~~173,800~~
Accumulated Amortization at May 31, 2025		(26,988)			(23,940)		(50,928)
Accumulated Amortization at November 30, 2025		(33,908)		(34,400)		(68,308)
Net Book Value at May 31, 2025	$	54,012	$		68,860	$	122,872
Net Book Value at November 30, 2025	$	47,092	$	58,400	$	105,492
Amortization Expense for nine months ended May 31, 2025	$	13,330	$		12,740	$	26,070
Amortization Expense for three months ended November 30, 2025	$	4,050	$	4,640	$	8,690

Note 5 – COMMON STOCK

The Company has 75,000,000, $0.~~0001~~001 par value shares of common stock authorized.

On June 30, 2023, the Company issued 4,500,000 shares of common stock to its President and Incorporator, Diana Vasylenko, at $0.001 per share.

The Company did not issue any common shares during the three months ended ~~May~~November 3130, 2025.

~~During~~As ~~the~~of ~~nine~~November ~~months ended May 31~~30, 2025, the Company ~~issued~~had 15,~~299~~799,469 shares ofissued ~~common~~and ~~stock for cash proceeds at $0~~outstanding.~~0225 per share for a total of $29,238.~~

As of May 31, 2025, the Company had 5,799,469 shares issued and outstanding.

Note 6 – RELATED PARTY

Effective June 6, 2023, the Company entered a Loan Agreement with its CEO. The lender agreed to lend a total of $70,000 payable in applicable installments over the Term of the loan. The CEO agreed to an interest rate of 0% and a Term of 5 years. Effective November 14, 2023, the CEO agreed to increase maximum amount of the Loan to $220,000.

As of ~~May~~November 3130, 2025 and August 31, ~~2024~~2025, the amount due to a related ~~party~~ party was $~~202~~208,~~046~~063 and $~~180~~200,~~297~~790, respectively.

Imputed interest expense of $2,~~597~~434 ~~and $7,246~~ for the three ~~and nine~~ months ended ~~May 31~~November 30, 2025 was recorded as additional paid in capital.

Note 7 – COMMITMENTS AND CONTINGENCIES

In the normal course of business, the Company may become a party to litigation matters involving claims against it. As of ~~May 31~~November 30, 2025, there are no current matters that would have a material effect on the Company’s financial position or results of operations.

Note 8 – SUBSEQUENT EVENTS

In accordance with FASB ASC Topic 855 “Subsequent Events”, the Company has analyzed its operations subsequent to ~~May 31~~November 30, 2025, and has determined that it does not have any material subsequent events to disclose in these financial statements

ITEM 2. MANAGEMENT’ DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

FORWARD LOOKING STATEMENT NOTICE

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 "may," "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 may 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.

Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles.

IN GENERAL

E-Smart Corp. (“Company”) was incorporated on June 06, 2023 under the laws of Nevada. We are a Nevada-incorporated Company focused on creating a platform that facilitates interaction between tattoo artists and enthusiasts. Our product serves as a combined professional profile and artistic showcase for tattoo artists, enabling them to present their expertise and history in an aesthetically pleasing format. This platform simplifies the process for employers to identify and locate skilled artists within their vicinity. Moreover, our service offers users the capability to generate preliminary tattoo sketches through an AI-driven tattoo design tool.

E-Smart is a dynamic and forward-thinking digital platform that connects tattoo artists and clients seamlessly. By leveraging advanced technologies, offering comprehensive services, and prioritizing user convenience, we provide an unparalleled experience for all stakeholders in the tattoo industry.

INITIAL FOCUS OF OUR BUSINESS

We are an emerging growth company, as defined in the Jumpstart Our Business Startups Act of 2012, as amended, and therefore we intend to take advantage of certain exemptions from various public Company reporting requirements, including not being required to have our internal control over financial reporting audited by our independent registered public accounting firm pursuant to Section 404(b) of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in this prospectus, our periodic reports and our proxy statements and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and any golden parachute payments not previously approved. We will remain an emerging growth company until the earliest of (i) the last day of the fiscal year in which the market value of our Common Stock that is held by non-affiliates equals or exceeds $700 million as of the end of that year’s second fiscal quarter, (ii) the last day of the fiscal year in which we have total annual gross revenue of $1.235 billion or more during such fiscal year (as indexed for inflation), (iii) the date on which we have issued more than $1.00 billion in non-convertible debt in the prior three-year period.

We are not a “shell Company” within the meaning of Rule 405, promulgated pursuant to the Securities Act, because we have developed business plan and real business operations.

MONETIZATION STRATEGY

Our monetization strategy includes offering an API - AI textual tattoo idea generator, enabling businesses and developers to leverage our technology to enhance their own products and services.

Businesses and developers can integrate this technology into their products and services by subscribing to the API. This API is provided on a subscription basis, offering different tiers such as a 14-day pass and a 30-day pass. To obtain an AI key for API access, users can choose a pricing plan on our website and initiate contact by using the designated button, submitting their request. Additionally, we are exploring other revenue avenues, including premium features, and strategic partnerships with tattoo-related businesses.

Exploring collaborations with tattoo supply companies, tattoo equipment manufacturers, and other industry partners is essential for long-term growth and revenue diversification.

~~Continuous~~ITEM ~~assessment~~2. ~~of market~~MANAGEMENT’ ~~trends~~DISCUSSION ~~and~~AND ~~customer~~ANALYSIS ~~feedback~~OF ~~will~~FINANCIAL ~~guide~~CONDITION usAND inRESULTS ~~refining~~OF ~~and expanding the functionality of our platform to unlock additional monetization opportunities.~~OPERATIONS

~~PROMOTION~~FORWARD ~~AND MARKETING~~LOOKING STATEMENT NOTICE

WeStatements ~~have~~made ~~budgeted~~in ~~funds to~~this ~~promote~~Form ~~our~~10-Q ~~platform~~that toare ~~attract~~not ahistorical or ~~diverse~~current ~~user~~facts ~~base,~~are ~~including~~"forward-looking ~~tattoo~~statements" ~~artists~~made ~~and~~pursuant ~~clients.~~to ~~Our~~the ~~comprehensive~~safe ~~advertising~~harbor ~~campaign~~provisions ~~aims~~of Section 27A of the Securities toAct ~~increase~~of ~~platform~~1933 ~~visibility~~(the "Act") and ~~drive~~Section ~~user~~21E ~~acquisition~~of the Securities Exchange Act of 1934. ToThese ~~effectively~~statements ~~reach~~often ~~our~~can ~~target~~be ~~audience,~~identified weby the use of terms such as "may," "will," ~~leverage~~"expect," ~~social~~"believe," ~~media~~"anticipate," ~~marketing~~"estimate," ~~online~~"approximate" ~~advertising~~or ~~channels~~"continue," ~~and~~or ~~strategic~~the ~~partnerships~~negative ~~with~~thereof. ~~industry~~We ~~influencers~~intend that such forward-looking statements be subject to the safe harbors for such statements. We ~~plan~~wish to ~~develop~~caution ~~compelling~~readers ~~promotional~~not ~~materials~~to place undue reliance on any such forward-looking statements, which ~~including~~speak ~~videos,~~only toas ~~showcase~~of the ~~platform~~date made. Any forward-looking statements represent management's ~~features~~best ~~and~~judgment ~~benefits,~~as ~~generating~~to ~~excitement~~what ~~and~~may ~~engagement.~~occur ~~Depending~~in on the ~~availability~~future. ofHowever, ~~funds~~forward-looking statements are subject to risks, weuncertainties ~~may~~and ~~engage~~important ~~with~~factors ~~promotional~~beyond ~~firms~~our control that could cause actual results and events to ~~accelerate~~differ ~~our~~materially ~~marketing~~from ~~efforts~~historical results of operations and events and those presently anticipated or projected. We ~~Consideration~~disclaim ~~will~~any beobligation ~~given~~subsequently to ~~investing~~revise inany ~~a year~~forward-~~long subscription~~looking ~~for~~statements ~~Google~~to ~~Adwords,~~reflect ~~providing~~events aor ~~quality~~circumstances ~~SEO~~after ~~campaign~~the date of such statement or to ~~improve~~reflect ~~our~~the ~~search~~occurrence ~~engine~~of ~~visibility~~anticipated or unanticipated events.

~~RESEARCH~~Financial ~~AND~~information ~~DEVELOPMENT~~contained ~~EXPENDITURES~~in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles.

WeIN ~~have not incurred any research expenditures since our incorporation.~~GENERAL

~~BANKRUPTCY~~E-Smart Corp. OR(“Company”) ~~SIMILAR~~was ~~PROCEEDINGS~~incorporated on June 06, 2023 under the laws of Nevada. We are a Nevada-incorporated Company focused on creating a platform that facilitates interaction between tattoo artists and enthusiasts. Our product serves as a combined professional profile and artistic showcase for tattoo artists, enabling them to present their expertise and history in an aesthetically pleasing format. This platform simplifies the process for employers to identify and locate skilled artists within their vicinity. Moreover, our service offers users the capability to generate preliminary tattoo sketches through an AI-driven tattoo design tool.

~~There~~E-Smart ~~has~~is ~~been~~a nodynamic and ~~bankruptcy~~forward-thinking digital platform that connects tattoo artists and clients seamlessly. By leveraging advanced technologies, ~~receivership~~offering comprehensive orservices, ~~similar~~and prioritizing user convenience, we provide an unparalleled experience for all stakeholders in the ~~proceeding~~tattoo industry.

~~COMPLIANCE~~INITIAL ~~WITH~~FOCUS ~~GOVERNMENT~~OF ~~REGULATION~~OUR BUSINESS

We are ~~will~~an beemerging ~~required~~growth tocompany, ~~comply~~as ~~with~~defined ~~all~~in ~~regulations~~the Jumpstart Our Business Startups Act of 2012, ~~rules~~ as amended, and ~~directives~~therefore we intend to take advantage of ~~governmental~~certain ~~authorities~~exemptions ~~and~~from ~~agencies~~various ~~applicable~~public Company reporting requirements, including not being required to have our internal control over financial reporting audited by our independent registered public accounting firm pursuant to Section 404(b) of the ~~construction~~Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in this prospectus, our periodic reports and ~~operation~~our proxy statements and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and any ~~facility~~golden parachute payments not previously approved. We will remain an emerging growth company until the earliest of (i) the last day of the fiscal year in ~~any~~which the ~~jurisdiction~~market value of our Common Stock that is held by non-affiliates equals or exceeds $700 million as of the end of that year’s second fiscal quarter, (ii) the last day of the fiscal year in which we ~~would~~have ~~conduct~~total ~~activities~~annual gross revenue of $1.235 billion or more during such fiscal year (as indexed for inflation), (iii) the date on which we have issued more than $1.00 billion in non-convertible debt in the prior three-year period.

We doare not ~~believe~~a ~~that~~“shell Company” ~~any~~within ~~existing~~the ormeaning ~~probable~~of ~~government regulation~~Rule ~~on our business~~405, ~~including~~promulgated ~~any~~pursuant ~~applicable~~to ~~export~~the orSecurities ~~import~~Act, ~~regulation~~because orwe ~~control imposed by China will~~ have adeveloped ~~material~~business ~~impact~~plan and onreal ~~the way we conduct our~~ business operations.

~~PATENTS, TRADEMARKS AND COPYRIGHTS~~13

WeMONETIZATION doSTRATEGY not own, either legally or beneficially, any patents or trademarks. We intend to protect our website (https://e-smart.io/) with copyright laws. Beyond our trade name, we do not hold any other intellectual property.

~~SIGNIFICANT~~Our ~~EMPLOYEES~~monetization strategy includes offering an API - AI textual tattoo idea generator, enabling businesses and developers to leverage our technology to enhance their own products and services.

WeBusinesses doand ~~not~~developers can ~~currently~~integrate ~~have~~this ~~any~~technology ~~significant~~into ~~employees~~their products and services by subscribing to the API. This API is provided on a subscription basis, ~~aside~~offering ~~from~~different Mstiers such as a 14-day pass and a 30-day pass. ~~Vasylenko~~To obtain an AI key for API access, users can choose a pricing plan on our website and initiate contact by using the designated button, submitting their request. Additionally, we are exploring other revenue avenues, including premium features, and strategic partnerships with tattoo-related businesses.

13Exploring collaborations with tattoo supply companies, tattoo equipment manufacturers, and other industry partners is essential for long-term growth and revenue diversification.

~~MANAGEMENT’S~~Continuous ~~DISCUSSION~~assessment ~~AND~~of market ~~ANALYSIS~~trends OFand ~~FINANCIAL CONDITION~~customer ~~AND~~feedback ~~RESULTS~~will OFguide ~~OPERATIONS~~us in refining and expanding the functionality of our platform to unlock additional monetization opportunities.

~~RESULTS~~PROMOTION OFAND MARKETING ~~OPERATIONS~~

~~Results~~We ofare ~~Operations~~focused ~~for~~on ~~the~~promoting ~~three~~our ~~months~~platform ~~ended~~to attract ~~May~~a 31diverse user base, ~~2025~~including astattoo ~~compared~~artists and clients. Our comprehensive advertising campaign is aimed at increasing platform awareness and attracting new users. To effectively reach our target audience, we will utilize social media marketing, online advertising channels, and strategic partnerships with industry influencers. We plan to develop engaging promotional materials, including videos, to showcase the ~~three~~platform's ~~months~~features ~~ended~~and ~~May~~benefits, 31generating interest and user engagement. Depending on available resources, ~~2024~~we may engage advertising agencies to accelerate our marketing efforts.

~~Revenue~~RESEARCH AND DEVELOPMENT EXPENDITURES

~~For~~We ~~the~~have ~~three~~not ~~months~~incurred ~~ended~~any ~~May~~research ~~31,~~expenditures ~~2025, the Company~~since ~~generated~~our ~~total revenue of $9,756 from selling services to its customers~~incorporation.

~~For~~BANKRUPTCY ~~the~~OR ~~three~~SIMILAR ~~months ended May 31, 2024, the Company generated total revenue of $4,006 from selling services to its customers.~~PROCEEDINGS

~~Operating~~There ~~expenses~~has been no bankruptcy, receivership or similar proceeding.

~~Total~~COMPLIANCE ~~operating~~WITH ~~expenses~~GOVERNMENT for the three months ended May 31, 2025 ware $41,582. The operating expenses included bank service charges ($17), Amortization Expense ($8,690), Legal & Professional Fees ($846), Legal & Professional Services ($22,957), Postage and Delivery ($44), Exchange Gain or Loss ($178), Server leasing expense ($5,100) and Marketing services ($3,750).REGULATION

~~Total~~We ~~operating~~will ~~expenses~~be ~~for~~required ~~the~~to ~~three~~comply ~~months~~with ~~ended May~~all 31regulations, rules ~~2024~~and ~~were~~directives ~~$11,675.~~of ~~The~~governmental ~~operating~~authorities ~~expenses~~and ~~included~~agencies ~~Amortization~~applicable ~~Expense~~to ~~($8,250),~~the ~~Legal~~construction &and ~~Professional~~operation ~~Fees~~of ~~($3,226),~~any ~~Legal &~~facility ~~Professional~~in ~~Services~~any ~~($159),~~jurisdiction which ~~Postage~~we ~~and~~would ~~Delivery~~conduct ~~($40)~~activities.

~~Net~~We ~~Loss~~do not believe that any existing or probable government regulation on our business, including any applicable export or import regulation or control imposed by China will have a material impact on the way we conduct our business.

~~The net loss for the three months ended May 31~~PATENTS, ~~2025 was~~TRADEMARKS ~~$34,423.~~AND COPYRIGHTS

~~The~~We ~~net~~do ~~loss~~not ~~for~~own, ~~the~~either ~~three~~legally ~~months~~or ~~ended~~beneficially, ~~May~~any patents 31or trademarks. We intend to protect our website (https://e-smart.io/) with copyright laws. Beyond our trade name, ~~2024~~we do not hold ~~was~~any ~~$7,668~~other intellectual property.

~~Results~~SIGNIFICANT ~~of Operations for the nine months ended May 31, 2025 as compared to the nine months ended May 31, 2024~~EMPLOYEES

~~Revenue~~We do not currently have any significant employees aside from Ms. Vasylenko.

~~For the nine months ended May 31, 2025, the Company generated total revenue of $20,059 from selling services to its customers.~~14

~~For~~MANAGEMENT’S ~~the~~DISCUSSION ~~six~~AND ~~months~~ANALYSIS ~~ended~~OF ~~May 31, 2024, the Company~~FINANCIAL ~~generated~~CONDITION ~~total~~AND ~~revenue~~RESULTS ofOF ~~$6,906 from selling services to its customers.~~OPERATIONS

~~Operating~~RESULTS ~~expenses~~OF OPERATIONS

~~Total~~Results ~~operating~~of ~~expenses~~Operations for the ~~nine~~three months ended ~~May~~November 3130, 2025 ~~ware~~as ~~$84,770.~~compared ~~The~~to ~~operating~~the ~~expenses~~three ~~included~~months ~~bank~~ended ~~service~~November ~~charges ($104)~~30, Amortization Expense ($26,070), Legal & Professional Fees ($3,993), Legal & Professional Services ($38,287), Business Licenses and Permits ($220), Postage and Delivery ($137), Exchange Gain or Loss ($309), Server leasing expense ($11,900) and Marketing services ($3,750).2024

~~Total~~Revenue operating expenses for the nine months ended May 31, 2024 were $33,864. The operating expenses included Amortization Expense ($16,608), Business Licenses and Permits ($236), Legal & Professional Fees ($16,600), Legal & Professional Services ($280), Postage and Delivery ($140).

~~Net~~For ~~Loss~~the three months ended November 30, 2025, the Company generated total revenue of $9,609 from selling services to its customers.

~~The~~For ~~net loss for~~ the ~~nine~~three months ended ~~May~~November 3130, ~~2025~~2024, the ~~was~~Company generated total revenue of $714,~~952~~419 from selling services to its customers.

~~The~~Operating ~~net loss for the nine months ended May 31, 2024 was $26,929.~~expenses

14Total operating expenses for the three months ended November 30, 2025 ware $29,188. The operating expenses included bank service charges ($28), Amortization Expense ($8,690), Legal & Professional Fees ($747), Legal & Professional Services ($5,676), Postage and Delivery ($27), Business Licenses and Permits ($220), Server leasing expense ($5,100) and Marketing services ($8,700).

~~LIQUIDITY~~Total ~~AND~~operating ~~CAPITAL~~expenses ~~RESOURCES~~for the three months ended November 30, 2024 were $16,579. The operating expenses included bank service charges ($15), Amortization Expense ($8,690), Legal & Professional Fees ($300), Legal & Professional Services ($5,627), Business Licenses and Permits ($220), Postage and Delivery ($27) and Server leasing expense ($1,700).

~~Period~~Net ~~ended May 31, 2025 compared to period ended August 31, 2024~~Loss

AsThe atnet ~~May~~loss ~~31,~~for ~~2025,~~the ~~our~~three ~~Assets~~months ~~were~~ended ~~$149,101.~~November ~~Total Assets included Current Assets $26~~30,~~229 and Intangible assets $122,872. As at May 31,~~ 2025, ~~our~~was ~~Liabilities were~~ $~~215~~22,~~377 and Equity was ($66,276)~~013.

AsThe atnet ~~August~~loss ~~31,~~for ~~2024,~~the ~~our~~three ~~Assets~~months ~~were~~ended ~~$149,488.~~November ~~Total Assets included Current Assets $546 and Intangible assets $148~~30,~~942. As at August 31,~~ 2024, ~~our~~was ~~Liabilities were~~ $~~180~~14,~~297 and Equity was ($30,810)~~514.

~~CASH~~LIQUIDITY ~~FLOWS~~AND ~~FROM~~CAPITAL ~~OPERATING ACTIVITIES~~RESOURCES

~~For~~Period ~~the nine months~~ ended ~~May~~November 3130, 2025 ~~net~~compared ~~cash~~to ~~flows~~period ~~used~~ended inAugust ~~operating activities was $47~~31,~~175.~~ 2025

~~For~~As ~~the~~at ~~nine~~November ~~months~~30, ~~ended~~2025, ~~May~~our 31Assets were $140,865. Total ~~2024~~Assets ~~net~~included ~~cash~~Current ~~flows used~~Assets in$35,373 ~~operating~~and ~~activities~~Intangible Assets $105,492. As at November 30, 2025, our Liabilities were $220,152 and Equity was ($1179,~~514~~287).

~~CASH~~As ~~FLOWS~~at ~~FROM~~August ~~INVESTING~~31, ~~ACTIVITIES~~2025, our Assets were $141,281. Total Assets included Current Assets $27,099 and Intangible Assets $114,182. As at August 31, 2025, our Liabilities were $200,988 and Equity was ($59,708).

WeCASH ~~had~~FLOWS noFROM ~~cash~~OPERATING ~~used in investing activities during the nine months ended May 31, 2025.~~ACTIVITIES

For the ~~nine~~three months ended ~~May~~November 3130, ~~2024~~2025 wenet ~~have generated~~cash ~~$157,300~~flows ~~of cash~~ used in ~~investing~~operating activities was $10,098.

~~CASH~~For ~~FLOWS~~the ~~FROM~~three ~~FINANCING~~months ~~ACTIVITIES~~ended November 30, 2024 net cash flows used in operating activities was $19,061.

~~For~~CASH ~~the~~FLOWS ~~nine~~FROM ~~months~~INVESTING ~~ended May 31, 2025 net cash flows used in financing activities was $50,987.~~ACTIVITIES

~~For~~We ~~the~~had ~~nine~~no ~~months~~cash ~~ended~~used ~~May~~in ~~31,~~investing ~~2024~~activities ~~net cash flows~~during ~~used~~the inthree ~~financing~~months ~~activities~~ended ~~was~~November ~~168~~30,~~594~~ 2025.

~~MANAGEMENT’S DISCUSSION AND ANALYSIS~~15

~~You~~CASH ~~should~~FLOWS ~~read~~FROM ~~the~~FINANCING ~~following~~ACTIVITIES discussion and analysis of our financial condition and results of operations together with our consolidated financial statements and the related notes and other financial information. Some of the information contained in this discussion and analysis, including information with respect to our plans and strategy for our business and related financing.

WeFor ~~qualify as an “emerging growth company” under~~ the ~~JOBS~~three ~~Act.~~months Asended aNovember ~~result~~30, we2025 ~~are~~net ~~permitted to, and intend to, rely on exemptions from certain disclosure requirements. For so long~~cash asflows weprovided ~~are~~by financing anactivities ~~emerging~~was ~~growth company~~$7, ~~we will not be required to:~~273.

~~- Have~~For anthe ~~auditor~~three ~~report~~months onended ~~our~~November ~~internal~~30, ~~controls~~2024 ~~over~~net ~~financial~~cash flows ~~reporting~~provided ~~pursuant~~by financing toactivities ~~Section~~was ~~404(b) of the Sarbanes-Oxley Act;~~22,460.

~~- Provide an auditor attestation with respect to management~~MANAGEMENT’sS ~~report~~DISCUSSION onAND ~~the effectiveness of our internal controls over financial reporting;~~ANALYSIS

~~- Comply~~You ~~with~~should ~~any~~read ~~requirement~~the ~~that~~following ~~may~~discussion beand ~~adopted~~analysis of byour ~~the~~financial ~~Public~~condition ~~Company~~and ~~Accounting~~results ~~Oversight~~of ~~Board~~operations ~~regarding~~together ~~mandatory~~with ~~audit~~our ~~firm~~consolidated ~~rotation or~~financial astatements ~~supplement~~and to the ~~auditor’s~~related ~~report~~notes ~~providing~~and ~~additional~~other financial information. ~~about~~Some of the ~~audit~~information ~~and~~contained ~~the~~in ~~financial~~this ~~statements~~discussion ~~(i.e.~~and analysis, anincluding information with respect to our plans ~~auditor~~and ~~discussion~~strategy for our business and ~~analysis);~~related financing.

~~- Submit~~We ~~certain~~qualify ~~executive~~as ~~compensation~~an ~~matters~~“emerging togrowth ~~shareholder~~company” under ~~advisory~~the ~~votes~~JOBS Act. As a result, ~~such~~we asare ~~“say-on-pay”~~permitted to, and ~~“say-~~intend to, rely on~~-frequency;”~~ exemptions from certain disclosure requirements. For so long ~~and~~as we are an emerging growth company, we will not be required to:

- ~~Disclose~~Have ~~certain~~an ~~executive~~auditor ~~compensation~~report ~~related~~on ~~items~~our ~~such~~internal ascontrols ~~the~~over ~~correlation~~financial ~~between~~reporting ~~executive~~pursuant ~~compensation~~to ~~and~~Section ~~performance~~404(b) ~~comparisons~~ of the ~~CEO’s~~Sarbanes-Oxley ~~compensation to median employee compensation.~~Act;

~~In addition, Section 107 of the JOBS Act also provides~~- ~~that~~Provide an ~~emerging~~auditor ~~growth~~attestation ~~company~~with ~~can~~respect ~~take~~to ~~advantage~~management’s ofreport on the ~~extended~~effectiveness ~~transition period provided in Section 7(a)(2)(B)~~ of ~~the~~our ~~Securities Act~~internal ~~for~~controls ~~complying~~over ~~with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain~~financial ~~accounting standards~~reporting;

~~until~~- Comply ~~those~~with ~~standards~~any ~~would~~requirement ~~otherwise~~that ~~apply~~may tobe ~~private companies.~~adopted Weby ~~have~~the ~~elected~~Public toCompany ~~take~~Accounting ~~advantage~~Oversight ofBoard ~~the~~regarding ~~benefits~~mandatory ofaudit ~~this~~firm ~~extended~~rotation or ~~transition~~a ~~period.~~supplement ~~Our~~to ~~financial~~the ~~statements~~auditor’s ~~may~~report ~~therefore not~~providing beadditional ~~comparable~~information toabout ~~those~~the ofaudit ~~companies~~and ~~that~~the ~~comply~~financial ~~with~~statements ~~such~~(i.e., ~~new~~an auditor ordiscussion ~~revised~~and ~~accounting standards.~~analysis);

15- Submit certain executive compensation matters to shareholder advisory votes, such as “say-on-pay” and “say-on-frequency;” and

We will remain an “emerging growth company” for up to five years, or until the earliest of (i) the last day of the first fiscal year in which our total annual gross revenues exceed $1 billion, (ii) the date that we become a “large accelerated filer” as defined in Rule 12b-~~2 under the Securities Exchange~~ ~~Act~~Disclose ofcertain ~~1934,~~executive ~~which~~compensation ~~would~~related ~~occur~~items ifsuch ~~the market value of our ordinary shares that is held by non-affiliates exceeds $700 million~~ as of the ~~last~~ ~~business~~correlation ~~day~~between ofexecutive our most recently completed second fiscal quarter or (iii) the date on which we have issued more than $1 billion in non-convertible debt during the preceding three year period. However, even if we no longer qualify for the exemptions for an emerging growth company, we may still be, in certain circumstances, subject to scaled disclosure requirements as a smaller reporting company. For example, smaller reporting companies, like emerging growth companies, are not required to provide a compensation ~~discussion~~ and ~~analysis under~~performance ~~Item 402(b)~~ comparisons of ~~Regulation S-K or~~ the ~~auditor~~CEO’s ~~attestation~~compensation ofto ~~internal~~median ~~controls~~employee ~~over financial reporting~~compensation.

WeIn ~~believe~~addition, ~~that~~Section we107 ~~will~~of bethe ~~able~~JOBS toAct ~~raise~~also ~~enough~~provides ~~money~~that ~~through~~an ~~the~~emerging ~~offering~~growth tocompany ~~continue~~can ~~our~~take ~~proposed~~advantage ~~operations,~~of ~~but~~the weextended ~~cannot~~transition ~~guarantee~~period ~~that~~provided ~~once~~in weSection ~~continue~~7(a)(2)(B) ~~operations~~of wethe ~~will stay~~Securities inAct ~~business~~for ~~after~~complying ~~doing~~with sonew or revised accounting standards. IfIn weother ~~are~~words, ~~unable~~an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to ~~successfully~~private ~~find~~companies. ~~customers,~~We wehave ~~may~~elected ~~quickly~~to ~~use~~take upadvantage of the ~~proceeds~~benefits of ~~from~~ this ~~offering~~extended ~~and will~~transition ~~need~~period. Our financial statements may therefore not be comparable to ~~find~~those ~~alternative~~of ~~sources~~companies that comply with such new or revised accounting standards.

~~OFF~~We will remain an “emerging growth company” for up to five years, or until the earliest of (i) the last day of the first fiscal year in which our total annual gross revenues exceed $1 billion, (ii) the date that we become a “large accelerated filer” as defined in Rule 12b-~~BALANCE~~2 ~~SHEET~~under ~~ARRANGEMENTS~~the Securities Exchange Act of 1934, which would occur if the market value of our ordinary shares that is held by non-affiliates exceeds $700 million as of the last business day of our most recently completed second fiscal quarter or (iii) the date on which we have issued more than $1 billion in non-convertible debt during the preceding three year period. However, even if we no longer qualify for the exemptions for an emerging growth company, we may still be, in certain circumstances, subject to scaled disclosure requirements as a smaller reporting company. For example, smaller reporting companies, like emerging growth companies, are not required to provide a compensation discussion and analysis under Item 402(b) of Regulation S-K or the auditor attestation of internal controls over financial reporting.

We ~~have~~believe nothat ~~off-balance~~we ~~sheet~~will ~~arrangements that~~be ~~have~~able orto ~~are~~raise ~~reasonably~~enough money ~~likely~~through the offering to ~~have~~continue aour ~~current~~proposed oroperations, ~~future~~but ~~effect~~we oncannot ~~our~~guarantee ~~financial~~that ~~condition,~~once ~~changes~~we incontinue ~~financial~~operations ~~condition,~~we ~~revenues~~will stay orin ~~expenses,~~business ~~results~~after ofdoing ~~operations,~~so. ~~liquidity~~If we are unable to successfully find customers, ~~capital~~we ~~expenditures~~may orquickly ~~capital~~use ~~resources~~up the proceeds from this offering and will need to find alternative sources.

~~LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL CAPITAL~~16

~~There is no historical financial information about us upon which to base an evaluation of our performance. We are in start~~OFF-upBALANCE ~~stage~~SHEET operations and have generated limited revenues. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.ARRANGEMENTS

We have no ~~assurance~~off-balance sheet arrangements that ~~future~~have ~~financing~~or ~~will~~are ~~be available~~reasonably likely to ushave ona ~~acceptable~~current ~~terms.~~or Iffuture ~~financing~~effect ~~is not available~~ on ~~satisfactory~~our ~~terms~~financial condition, wechanges ~~may~~in befinancial ~~unable~~condition, torevenues or ~~continue~~expenses, ~~develop~~results orof ~~expand our~~ operations., ~~Equity~~liquidity, ~~financing~~capital ~~could~~expenditures ~~result~~or incapital ~~additional dilution to existing shareholders~~resources.

LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL CAPITAL

There is no historical financial information about us upon which to base an evaluation of our performance. We are in start-up stage operations and have generated limited revenues. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

None

ITEM 4. CONTROLS AND PROCEDURES

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is 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 Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of ~~May~~November 3130, 2025. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

Changes in Internal Controls over Financial Reporting

There was no change in the Company’s internal control over financial reporting during the quarterly period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are not currently a party to any legal proceedings, and we are not aware of any pending or potential legal actions.

ITEM 1A. RISK FACTORS

None

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

None

ITEM 3. DEFAULTS UPON SENIOR SECURITES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOITE OF SECURITIES HOLDERS

None

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

The following exhibits are included as part of this report by reference:

31.1		Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1		Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in the 7311 Oxford Ave, Philadelphia, PA 19111 United States on July 14, 2025.

E-SMART CORP.

By: /s/ Diana Vasylenko

Name: Diana Vasylenko

Title: President, Chief Executive Officer, Treasurer, Secretary and Director

(Principal Executive, Financial and Accounting Officer)

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are not currently a party to any legal proceedings, and we are not aware of any pending or potential legal actions.

ITEM 1A. RISK FACTORS

None

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

None

ITEM 3. DEFAULTS UPON SENIOR SECURITES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOITE OF SECURITIES HOLDERS

None

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

The following exhibits are included as part of this report by reference:


31.1		Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

32.1		Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

SIGNATURES

E-SMART CORP.

By: /s/ Diana Vasylenko

Name: Diana Vasylenko

Title: President, Chief Executive Officer, Treasurer, Secretary and

Director

(Principal Executive, Financial and Accounting Officer)

Filing Compare · E-Smart Corp.