DTII 10-Q: Assets $34.1M, Liabilities $9.7M
Ticker: DTII · Form: 10-Q · Filed: Apr 1, 2025 · CIK: 1533357
Sentiment: neutral
Topics: 10-Q, financials, capital-structure
TL;DR
**DTII 10-Q: Assets $34.1M, Liabilities $9.7M. Preferred stock and notes payable increased.**
AI Summary
Defense Technologies International Corp. (DTII) filed its 10-Q for the period ending January 31, 2025. The company, formerly Canyon Gold Corp., reported significant changes in its financial structure, including a substantial increase in preferred stock and notes payable. Key financial figures show total assets of $34.1 million and total liabilities of $9.7 million as of January 31, 2025.
Why It Matters
This filing provides insight into the financial health and operational changes of Defense Technologies International Corp., which could impact investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing indicates significant changes in the company's capital structure, including increases in preferred stock and notes payable, which warrants closer examination.
Key Numbers
- $34.1B — Total Assets (As of January 31, 2025)
- $9.7B — Total Liabilities (As of January 31, 2025)
- 20000000 — Preferred Stocks (As of January 31, 2025)
Key Players & Entities
- DEFENSE TECHNOLOGIES INTERNATIONAL CORP. (company) — Filer
- CANYON GOLD CORP. (company) — Former Company Name
- 20250131 (date) — Period of Report
- 20250401 (date) — Filed as of Date
- 34147881 (dollar_amount) — Total Assets
- 9729878 (dollar_amount) — Total Liabilities
FAQ
What is the total revenue for the period ending January 31, 2025?
The provided snippet does not contain specific revenue figures for the period ending January 31, 2025.
What were the significant changes in liabilities during the reporting period?
The filing indicates an increase in preferred stocks to $20,000,000 and notes payable/other payables, contributing to total liabilities of $9,729,878 as of January 31, 2025.
What is the company's primary business activity according to the SIC code?
The Standard Industrial Classification (SIC) code listed is [1040] GOLD & SILVER ORES.
When did the company change its name from Canyon Gold Corp.?
The company changed its name from Canyon Gold Corp. on October 24, 2011.
What are the listed business and mailing addresses for Defense Technologies International Corp.?
The business and mailing addresses are both listed as 6700 N. LINDER ROAD, STE. 156-361, MERIDIAN, ID 83646.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 1, 2025 regarding DEFENSE TECHNOLOGIES INTERNATIONAL CORP. (DTII).