Arculus System Co., Ltd. Files 10-Q for Q2 2025

TL;DR

**Arculus System Co., Ltd. (AZRS) filed its Q2 2025 10-Q. Check financials.**

AI Summary

Arculus System Co., Ltd. filed a 10-Q for the period ending March 31, 2025. The company, formerly Azzurro Solutions Corp., is incorporated in Nevada and operates in wholesale durable goods. Their business address is in Newport Beach, California.

Why It Matters

This filing provides investors with an update on Arculus System Co., Ltd.'s financial performance and operational status for the second quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediately apparent significant negative events or disclosures.

Key Numbers

• $75,000,000 — Total Assets (Reported for the period ending March 31, 2025.)
• $4,058,167 — Net Income (Reported for the period ending March 31, 2025.)

Key Players & Entities

• Arculus System Co., Ltd. (company) — Filer of the 10-Q
• Azzurro Solutions Corp. (company) — Former name of Arculus System Co., Ltd.
• 0001828739 (company) — Central Index Key for Arculus System Co., Ltd.
• 20250331 (date) — End of the reporting period
• 20250819 (date) — Filing date of the 10-Q

FAQ

Key Financial Figures

• $0.001 — ng as of August 18, 2025 Common Stock, $0.001 4,058,167 TABLE OF CONTENTS PART I
• $27,161 — Net Loss Operating expenses increased $27,161, or 640%, to $31,401 for the three mont
• $31,401 — expenses increased $27,161, or 640%, to $31,401 for the three months ended March 31, 20
• $4,240 — months ended March 31, 2025 compared to $4,240 for the three months ended March 31, 20

Filing Documents

• azrs_10q.htm (10-Q) — 362KB
• azrs_ex311.htm (EX-31.1) — 10KB
• azrs_ex321.htm (EX-32.1) — 4KB
• 0001477932-25-006033.txt ( ) — 1391KB
• azzurro-20250331.xsd (EX-101.SCH) — 13KB
• azzurro-20250331_lab.xml (EX-101.LAB) — 89KB
• azzurro-20250331_cal.xml (EX-101.CAL) — 17KB
• azzurro-20250331_pre.xml (EX-101.PRE) — 67KB
• azzurro-20250331_def.xml (EX-101.DEF) — 16KB
• azrs_10q_htm.xml (XML) — 92KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1

Financial Statements (Unaudited)

Financial Statements (Unaudited) F-1 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 3 Item 3

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 7 Item 4

Controls and Procedures

Controls and Procedures 8

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 1

Legal Proceedings

Legal Proceedings 9 Item 1A

Risk Factors

Risk Factors 9 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 9 Item 3 Defaults Upon Senior Securities 9 Item 4 Mine Safety Disclosures 9 Item 5 Other Information 9 Item 6 Exhibits 10 2 Table of Contents

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements . ARCULUS SYSTEM CO., LTD. BALANCE SHEETS MARCH 31, 2025 AND SEPTEMBER 30, 2024 ASSETS (Unaudited) (Audited) March 31, 2025 September 30, 2024 CURRENT ASSETS Cash and cash equivalents $ 4,042 $ 3,145 Total assets $ 4,042 $ 3,145 CURRENT LIABILITIES Accounts payable 6,858 $ 5,356 Accrued payroll and payroll taxes payable 1,615 1,902 Due to related parties 148,647 87,147 Total liabilities 157,120 94,405 COMMITMENTS AND CONTINGENCIES - - STOCKHOLDERS' EQUITY Common stock, $ 0.001 par value, 75,000,000 authorized and 4,058,167 shares, respectively issued and outstanding; 4,058 4,058 Preferred stock, $ 0.001 par value, 75,000,000 authorized and 0 shares, respectively, issued and outstanding - - Additional paid-in capital 85,296 85,296 Accumulated deficit ( 242,432 ) ( 180,614 ) Total stockholders' deficit ( 153,078 ) ( 91,260 ) Total liabilities and stockholders' equity $ 4,042 $ 3,145 The accompanying notes are an integral part of these unaudited financial statements. F-1 Table of Contents ARCULUS SYSTEM CO., LTD. (Unaudited) Three Months Ended March 31, Six Months Ended March 31, 2025 2024 2025 2024 Revenues $ - $ - $ - $ - Operating expenses: Selling, general and administrative expenses 31,401 4,240 61,818 13,016 Total operating expenses 31,401 4,240 61,818 13,016 (Loss) from operations before provision for income tax ( 31,401 ) ( 4,240 ) ( 61,818 ) ( 13,016 ) Other income (expense) Loss from disposal - ( 1,833 ) - ( 1,833 ) Provision for income tax benefit (expense) - - - - Net income (loss) $ ( 31,401 ) $ ( 6,073 ) $ ( 61,818 ) $ ( 14,849 ) Weighted average common shares outstanding – basic and diluted 4,058,617 4,058,617 4,058,617 4,058,617 Net (loss) per common share – basic and diluted $ ( 0.01 ) $ ( 0.01 ) $ ( 0.01 )

Management ' s Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management ' s Discussion and Analysis of Financial Condition and Results of Operations The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this quarterly report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include but are not limited to those discussed below and elsewhere in this Quarterly Report. Our unaudited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

Forward-Looking Statements

Forward-Looking Statements This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. 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. As used in this quarterly report, the terms "we," "us," "our," or "the Company," mean Arculus System Co., Ltd., unless otherwise indicated. All dollar amounts refer to US dollars unless otherwise indicated. 3 Table of Contents Overview Arculus System Co., Ltd. (the "Company," "we," "our," or "us") is a development-stage company incorporated on October 4, 2019, in the State of Nevada under the name Azzurro Solutions Corp. and established a fiscal year end of September. On February 20, 2025, we changed our name to arculus system, and, on March 5, 2025, we amended and restated our articles of incorporation and changed our name to Arculus System Co., Ltd. and authorized 75,000,000 preferred shares. Subsequent to the change of control, our new management and majority shareholders have changed our business to

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View this 10-Q filing on SEC EDGAR