Orion Bliss Narrows Loss, Posts First Revenue Amid Going Concern Doubts
Ticker: ORIB · Form: 10-Q · Filed: Aug 28, 2025 · CIK: 1854183
| Field | Detail |
|---|---|
| Company | Orion Bliss CORP. (ORIB) |
| Form Type | 10-Q |
| Filed Date | Aug 28, 2025 |
| Risk Level | high |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001, $0.02, $3,000, $11,522, $13,505 |
| Sentiment | bearish |
Sentiment: bearish
Topics: Going Concern, Development Stage Company, Beauty Industry, Microcap, Net Loss, Accumulated Deficit, Related Party Transactions
TL;DR
**ORIB is a highly speculative microcap with a 'going concern' warning; avoid until they prove a sustainable business model beyond minimal consulting revenue.**
AI Summary
Orion Bliss Corp. (ORIB) reported a net loss of $11,522 for the three months ended July 31, 2025, an improvement from the $13,505 net loss in the same period of 2024. The company generated its first revenue, $3,000, from consulting services during the quarter, compared to zero revenue in the prior year. General and administrative expenses increased slightly to $14,522 from $13,505 year-over-year. Total assets decreased to $53,220 as of July 31, 2025, from $60,604 on April 30, 2025, primarily due to a reduction in the escrow account from $19,520 to $14,411 and a decrease in mobile application net value from $40,950 to $38,675. Liabilities increased to $168,638 from $164,500, driven by a rise in interest payable to $3,414 from $2,276 and accounts payable - related party to $52,000 from $49,000. The company continues to operate with a significant accumulated deficit of $136,378 as of July 31, 2025, raising substantial doubt about its ability to continue as a going concern without additional capital. ORIB is a development-stage company focused on selling Milk_shake hairline products and providing beauty consulting services, primarily in Israel.
Why It Matters
For investors, ORIB's first-ever revenue of $3,000 is a positive signal, but the persistent net loss of $11,522 and an accumulated deficit of $136,378 highlight severe financial instability. The 'going concern' warning indicates a high risk of business failure, making it a speculative investment. Employees face uncertainty given the company's reliance on future capital and its single officer/director structure. Customers might see service disruptions if the company cannot secure funding. In the competitive beauty and hair care market, ORIB's minimal revenue and significant liabilities suggest it struggles to gain traction against established players.
Risk Assessment
Risk Level: high — The company has an accumulated deficit of $136,378 as of July 31, 2025, and management explicitly states "there is substantial doubt about the Company's ability to continue as a going concern." This, coupled with minimal revenue of $3,000 and increasing liabilities like accounts payable - related party at $52,000, indicates significant financial distress and operational risk.
Analyst Insight
Investors should exercise extreme caution and avoid ORIB stock given the explicit 'going concern' warning and substantial accumulated deficit. Monitor for significant capital raises or a sustained increase in revenue and profitability before considering any investment.
Financial Highlights
- debt To Equity
- N/A
- revenue
- $3,000
- operating Margin
- N/A
- total Assets
- $53,220
- total Debt
- $168,638
- net Income
- $(11,522)
- eps
- $(0.00)
- gross Margin
- N/A
- cash Position
- $14,411
- revenue Growth
- N/A
Revenue Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Consulting services | $3,000 | N/A |
Key Numbers
- $3,000 — Revenue (First-ever revenue generated for the three months ended July 31, 2025, up from $0 in prior year.)
- $(11,522) — Net Loss (Net loss for the three months ended July 31, 2025, an improvement from $(13,505) in 2024.)
- $(136,378) — Accumulated Deficit (Significant accumulated deficit as of July 31, 2025, indicating ongoing losses and 'going concern' risk.)
- $53,220 — Total Assets (Total assets as of July 31, 2025, decreased from $60,604 on April 30, 2025.)
- $168,638 — Total Current Liabilities (Total current liabilities as of July 31, 2025, increased from $164,500 on April 30, 2025.)
- $14,411 — Escrow Account (Cash balance as of July 31, 2025, down from $19,520 on April 30, 2025.)
- 3,038,000 — Shares Outstanding (Common stock shares outstanding as of July 31, 2025.)
- $45,500 — Note Payable (Promissory note payable as of July 31, 2025, with 10% annual interest.)
Key Players & Entities
- Orion Bliss Corp. (company) — registrant
- Alexandra Solomovskaya (person) — sole officer and director
- SEC (regulator) — Securities and Exchange Commission
- $11,522 (dollar_amount) — net loss for three months ended July 31, 2025
- $3,000 (dollar_amount) — revenue from consulting services for three months ended July 31, 2025
- $136,378 (dollar_amount) — accumulated deficit as of July 31, 2025
- $168,638 (dollar_amount) — total current liabilities as of July 31, 2025
- $53,220 (dollar_amount) — total assets as of July 31, 2025
- Nevada (company) — state of incorporation
- Israel (company) — principal operating region
FAQ
What is Orion Bliss Corp.'s current financial stability?
Orion Bliss Corp. has an accumulated deficit of $136,378 as of July 31, 2025, and management has expressed "substantial doubt about the Company's ability to continue as a going concern." This indicates significant financial instability.
Did Orion Bliss Corp. generate any revenue in the last quarter?
Yes, Orion Bliss Corp. generated $3,000 in revenue from consulting services for the three months ended July 31, 2025. This marks the first reported revenue for the company, compared to zero revenue in the same period of 2024.
What are the key risks for Orion Bliss Corp. investors?
The primary risk for investors is the explicit 'going concern' warning due to the accumulated deficit of $136,378 and ongoing losses. The company's dependence on future investment capital and its minimal operational history also pose significant risks.
How has Orion Bliss Corp.'s net loss changed year-over-year?
Orion Bliss Corp.'s net loss improved to $11,522 for the three months ended July 31, 2025, compared to a net loss of $13,505 for the three months ended July 31, 2024.
What is Orion Bliss Corp.'s business model?
Orion Bliss Corp. is a development-stage company focused on selling Milk_shake hairline products and providing specialized beauty consulting services and beauty care training programs, primarily operating in Israel.
Who is the sole officer and director of Orion Bliss Corp.?
Alexandra Solomovskaya is the sole officer and director of Orion Bliss Corp. She also provides her own premises for office needs without taking any fee.
What are Orion Bliss Corp.'s total assets and liabilities?
As of July 31, 2025, Orion Bliss Corp. reported total assets of $53,220 and total current liabilities of $168,638. This indicates that liabilities significantly exceed assets.
How many shares of common stock does Orion Bliss Corp. have outstanding?
As of July 31, 2025, Orion Bliss Corp. has 3,038,000 shares of common stock issued and outstanding, with a par value of $0.0001 per share.
What is the impact of COVID-19 on Orion Bliss Corp.?
Management expects its business to be impacted by the COVID-19 pandemic, but the significance and duration of the impact cannot be determined at this time. The company anticipates a material adverse impact on its business, financial condition, and results of operations.
Does Orion Bliss Corp. have any employees besides its officer and director?
No, Orion Bliss Corp. currently has no employees other than its sole officer and director, Alexandra Solomovskaya. The company also does not have pension, health, or other similar benefit plans at present.
Risk Factors
- Going Concern Uncertainty [high — financial]: The company has a significant accumulated deficit of $136,378 as of July 31, 2025, and has incurred net losses. This raises substantial doubt about its ability to continue as a going concern without additional capital.
- Development Stage Operations [medium — operational]: As a development-stage company, ORIB is still in the process of establishing its business operations, primarily focused on selling Milk_shake hairline products and providing beauty consulting services. This stage inherently carries higher risks related to market acceptance and operational execution.
- Increasing Liabilities [medium — financial]: Total liabilities increased to $168,638 as of July 31, 2025, from $164,500 on April 30, 2025. This increase was driven by higher interest payable ($3,414 vs $2,276) and accounts payable to related parties ($52,000 vs $49,000), indicating growing financial obligations.
- Declining Asset Base [low — financial]: Total assets decreased to $53,220 as of July 31, 2025, from $60,604 on April 30, 2025. This reduction is primarily due to a decrease in the escrow account ($14,411 vs $19,520) and the mobile application's net value ($38,675 vs $40,950).
Industry Context
Orion Bliss Corp. operates in the beauty and consulting sector, focusing on niche products like Milk_shake hairline items. The market for beauty products is competitive, with trends shifting rapidly. Consulting services in this space often rely on expertise and client relationships. As a development-stage company, ORIB faces challenges in establishing market share against more established players.
Regulatory Implications
As a publicly traded entity, ORIB is subject to SEC regulations and reporting requirements. The company's development-stage status and financial precariousness may attract scrutiny regarding its disclosures and future viability. Compliance with accounting standards for revenue recognition and financial reporting is critical.
What Investors Should Do
- Monitor cash burn and future funding rounds.
- Evaluate the sustainability of consulting revenue.
- Assess the strategy for the Milk_shake hairline products.
Key Dates
- 2025-07-31: End of Q2 2025 reporting period — Company reported its first-ever revenue of $3,000 and a net loss of $11,522. Total assets decreased to $53,220, while liabilities increased to $168,638.
- 2025-04-30: End of Q1 2025 reporting period — Company had $0 revenue, a net loss of $14,703 for the prior year, total assets of $60,604, and total liabilities of $164,500.
- 2024-07-31: End of Q2 2024 reporting period — Company reported $0 revenue and a net loss of $13,505. This provides a baseline for the current quarter's performance improvements.
- 2021-03-23: Company Inception — Marks the beginning of the company's operational and financial history, leading to the current accumulated deficit.
Glossary
- Accumulated deficit
- The total cumulative net losses of a company since its inception, minus any net profits. It represents a negative balance in retained earnings. (Indicates the company has consistently operated at a loss, contributing to the going concern risk.)
- Escrow Account
- A temporary account held by a third party during a transaction, holding funds until specific conditions are met. In this context, it represents a cash balance held by the company. (A decrease in this account ($14,411 from $19,520) contributed to the overall decline in total assets.)
- Development-stage company
- A company that has not yet established a significant business plan or generated substantial revenue. It is typically focused on research, development, and product/service creation. (Explains ORIB's current operational status and the inherent risks associated with early-stage businesses.)
- Going concern
- An accounting assumption that a business will continue to operate for the foreseeable future. If there is substantial doubt about this, it must be disclosed. (The company's financial condition raises substantial doubt about its ability to continue as a going concern.)
- Related party
- A person or entity that has the ability to control or significantly influence the operating decisions of another entity. (An increase in accounts payable to related parties ($52,000) suggests growing financial obligations to individuals or entities closely connected to the company.)
Year-Over-Year Comparison
Compared to the prior year's three-month period, Orion Bliss Corp. has shown a slight improvement, reducing its net loss from $13,505 to $11,522. Crucially, the company generated its first revenue of $3,000 from consulting services, a significant development from zero revenue in the prior year. However, total assets have decreased to $53,220 from $60,604, while total liabilities have risen to $168,638 from $164,500, indicating a worsening liquidity position despite the revenue generation.
Filing Stats: 4,656 words · 19 min read · ~16 pages · Grade level 14.2 · Accepted 2025-08-28 09:36:38
Key Financial Figures
- $0.0001 — ing as of July 31, 2025 Common Stock: $0.0001 3,038,000 TABLE OF CONTENTS PART 1.
- $0.02 — ( 28,415 ) Shares issued for cash at $0.02 per share during July, October and Janu
- $3,000 — July 31, 2025 the Company has generated $3,000 revenue. Our net loss for the three mo
- $11,522 — he three months ended July 31, 2025 was $11,522. Operating expenses consist of mainly p
- $13,505 — he three months ended July 31, 2024 was $13,505. Operating expenses consist of mainly p
- $53,220 — of July 31, 2025, our total assets were $53,220 consisting of website development, net
- $134, m — nsisting of website development, net of $134, mobile application $45,500, cash $14,411
- $45,500 — opment, net of $134, mobile application $45,500, cash $14,411 from issuance of common s
- $14,411 — $134, mobile application $45,500, cash $14,411 from issuance of common stock and accum
- $6,825 — mmon stock and accumulated amortization $6,825. As of July 31, 2025, our current liabi
- $168,638 — 31, 2025, our current liabilities were $168,638 consisting of accounts payable-related
- $52,000 — ounts payable-related party advances of $52,000, director loan of $67,724, note payable
- $67,724 — y advances of $52,000, director loan of $67,724, note payable of $45,500 and interest p
- $3,414 — payable of $45,500 and interest payable $3,414. 12 Cash Flows from Operating Activi
- $6,247 — flows used in operating activities were $6,247. We have not generated positive cash f
Filing Documents
- obliss_i10q-073125.htm (10-Q) — 265KB
- obliss_ex3101.htm (EX-31.1) — 9KB
- obliss_ex3201.htm (EX-32.1) — 4KB
- 0001683168-25-006507.txt ( ) — 1741KB
- orib-20250731.xsd (EX-101.SCH) — 14KB
- orib-20250731_cal.xml (EX-101.CAL) — 19KB
- orib-20250731_def.xml (EX-101.DEF) — 24KB
- orib-20250731_lab.xml (EX-101.LAB) — 162KB
- orib-20250731_pre.xml (EX-101.PRE) — 124KB
- obliss_i10q-073125_htm.xml (XML) — 134KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) 3 Balance Sheets as of July 31, 2025 (unaudited) and April 30, 2025 (audited) 3 4 5 6 Notes to the Financial Statements (Unaudited) 7 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.
Controls and Procedures
Controls and Procedures 14 PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 15 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 15
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
FINANCIAL INFORMATION
ITEM 1. FINANCIAL INFORMATION ORION BLISS CORP. BALANCE SHEETS July 31, 2025 April 30, 2025 (Unaudited) (Audited) ASSETS Current Assets Escrow Account $ 14,411 $ 19,520 Total Current Assets 14,411 19,520 Non- Current Assets Intangible Assets Mobile Application, net 38,675 40,950 Website Development, net 134 134 Total Non-Current Intangible Assets 38,809 41,084 Total Assets $ 53,220 $ 60,604 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Interest Payable $ 3,414 $ 2,276 Accounts payable - Related party 52,000 49,000 Director loan 67,724 67,724 Note Payable 45,500 45,500 Total Current Liabilities 168,638 164,500 Stockholders' Equity / (Deficit) Common stock, $ 0.0001 par value; 75,000,000 shares authorized, 3,038,000 shares issued and outstanding respectively; 304 304 Additional paid-in capital 20,656 20,656 Accumulated deficit ( 136,378 ) ( 124,856 ) Total Stockholders' Deficit ( 115,418 ) ( 103,896 ) Total Liabilities and Stockholders' Equity $ 53,220 $ 60,604 The accompanying notes are an integral part of these condensed financial statements 3 ORION BLISS CORP. (Unaudited) Three Months Ended July 31, 2025 Three Months Ended July 31, 2024 REVENUE (Consulting services) $ 3,000 $ – General and Administrative Expenses 14,522 13,505 NET INCOME (LOSS) FROM OPERATION ( 11,522 ) ( 13,505 ) PROVISION FOR TAXES – – NET INCOME (LOSS) $ ( 11,522 ) $ ( 13,505 ) NET LOSS PER SHARE: BASIC AND DILUTED $ ( 0.00 ) $ ( 0.00 ) WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED 3,038,000 3,038,000 The accompanying notes are an integral part of these condensed financial statements 4 ORION BLISS CORP. (Unaudited) Common Stock Additional Paid-in Deficit Accumulated during the Development Total Stockholders' Shares Amount Capital Stage Equity Inception
MANAGEMENT'S DISCUSSION AND ANALYSIS
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION
FORWARD LOOKING STATEMENTS
FORWARD LOOKING STATEMENTS 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 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. Employees and Employment Agreements At present, we have no employees other than our officer and director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees. Results of Operation 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 e
QUANTITATIVE AND QUALITATIVE DISCLOSURES
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. No report required.
CONTROLS AND PROCEDURES
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 Ex