TANICO Posts $19,985 Revenue, Faces 'Going Concern' Warning

TL;DR

**TANICO is a pre-revenue shell company with a 'going concern' warning; avoid until they prove a sustainable business model and secure significant funding.**

AI Summary

TANICO Inc., incorporated on May 3, 2021, reported revenue of $19,985 for the fiscal year ended September 30, 2025, from the sale of its proprietary web-based gaming application to a single commercial customer. The company incurred a net loss of $312 for the year, contributing to an accumulated deficit of $65,879. Operating expenses totaled $20,297, primarily professional fees of $19,288. Cash used in operations significantly decreased to $312 in 2025 from $20,726 in 2024, largely because directors and officers developed the product without compensation. TANICO's cash balance was $20,000 as of September 30, 2025, with current liabilities of $52,629, leading to a 'going concern' opinion from its independent registered public accountant. The company requires a minimum of $25,000 in additional funding to cover legal and registration fees for public company status and plans to raise capital through an offering to fund its 'The Adventure of Giggly Numbers' and 'Invisible Crypto-Coin' game development.

Why It Matters

TANICO's 10-K reveals a nascent company with minimal revenue and a significant accumulated deficit, raising serious questions about its long-term viability. The 'going concern' opinion from its auditor signals high risk for investors, as the company's ability to continue operations is dependent on securing additional financing. For employees (currently only managing officers), the lack of compensation and reliance on future funding highlights job insecurity. Customers, particularly parents and psychologists targeted for child psychological well-being games, face uncertainty regarding product development and support from a financially precarious entity. In a competitive market for educational games, TANICO's limited resources and reliance on uncompensated officer labor put it at a severe disadvantage against established players.

Risk Assessment

Risk Level: high — TANICO Inc. has an accumulated deficit of $65,879 and a cash balance of only $20,000 as of September 30, 2025, against current liabilities of $52,629. The independent registered public accountant issued a 'going concern' opinion, explicitly stating 'substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills.' This indicates an extremely high risk of business failure.

Analyst Insight

Investors should exercise extreme caution and avoid TANICO Inc. stock at this stage. The company is a development-stage entity with a 'going concern' warning and no established public trading market. Wait for clear evidence of successful capital raises, sustained revenue generation beyond a single customer, and a profitable business model before considering any investment.

Financial Highlights

debt To Equity

N/A

revenue

$19,985

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

-$312

eps

N/A

gross Margin

N/A

cash Position

$20,000

revenue Growth

N/A

Revenue Breakdown

Key Numbers

• $19,985 — Revenue (from sale of web-based gaming application for fiscal year ended September 30, 2025)
• $312 — Net Loss (for the fiscal year ended September 30, 2025)
• $65,879 — Accumulated Deficit (as of September 30, 2025)
• $20,000 — Cash Balance (as of September 30, 2025)
• $52,629 — Current Liabilities (as of September 30, 2025)
• $25,000 — Minimum Funding Required (for legal and registration fees for public company status)
• 7,825,000 — Shares Outstanding (as of December 29, 2025)
• 34 — Shareholders of Record (as of September 30, 2025)

Key Players & Entities

• TANICO Inc. (company) — registrant
• Nikita Fenev (person) — provides facilities free of charge
• Anton Mikhalev (person) — President and Director, works 20 hours/week
• Maria Tomskaia (person) — Treasurer, works 12 hours/week
• SEC (regulator) — Securities and Exchange Commission
• FINRA (regulator) — Financial Industry Regulatory Authority
• Nevada (company) — State of incorporation

FAQ

Risk Factors

• Going Concern Uncertainty [high — financial]: The company has a cash balance of $20,000 and current liabilities of $52,629 as of September 30, 2025. An independent auditor has issued a 'going concern' opinion due to substantial doubt about its ability to continue as an ongoing business without additional capital.
• Need for Additional Funding [high — financial]: TANICO Inc. requires a minimum of $25,000 in additional funding to cover legal and registration fees for public company status and to fund game development. The company has no arrangements for additional cash other than the current offering.
• Limited Operating History and Revenue [medium — operational]: As a development stage company, TANICO has very limited operating history and anticipates no significant revenue until initial business development is complete. The company incurred a net loss of $312 and an accumulated deficit of $65,879 as of September 30, 2025.
• Dependence on Single Customer [high — operational]: The company's entire revenue of $19,985 for the fiscal year ended September 30, 2025, was generated from a single commercial customer. This concentration poses a significant risk if this customer relationship is lost.
• Product Development and Market Adoption [medium — operational]: The company plans to develop and launch new games, 'The Adventure of Giggly Numbers' and 'Invisible Crypto-Coin'. Success is dependent on effective development, market adoption by parents and child psychologists, and the ability to generate recurring revenue streams.
• Public Company Compliance Costs [medium — regulatory]: The company requires $15,000 for legal and registration fees to achieve public company status. Ongoing compliance with SEC regulations and reporting requirements will also represent a significant cost and operational burden.

Industry Context

TANICO Inc. operates in the children's educational gaming sector, aiming to provide valuable feedback to parents on child psychological well-being. The market includes families with preschool children and professional child psychologists. The company plans to leverage online gaming and smart devices, with potential future deployment on app stores and a dedicated website.

Regulatory Implications

As an emerging growth company, TANICO Inc. may benefit from exemptions under the JOBS Act. However, the company faces significant costs and compliance requirements associated with becoming a publicly traded entity, including legal and registration fees estimated at $15,000.

What Investors Should Do

1. Evaluate the funding plan and offering details.
2. Assess the product development roadmap and market potential.
3. Consider the significant 'going concern' risk.
4. Analyze the concentration risk from a single customer.

Key Dates

• 2021-05-03: Incorporation of TANICO Inc. — Marks the official start of the company's legal existence and operations.
• 2024-09-30: Fiscal year end — Represents the end of the prior fiscal year, for which comparative financial data would typically be available.
• 2025-09-30: Fiscal year end — The reporting period for the current 10-K, showing revenue of $19,985 and a net loss of $312.
• 2025-12-29: Shares Outstanding recorded — Provides a snapshot of the company's equity structure as of a recent date.

Glossary

Accumulated Deficit

The total cumulative net losses of a company since its inception, minus any cumulative net income. (TANICO Inc. has an accumulated deficit of $65,879 as of September 30, 2025, indicating it has not yet achieved profitability.)

Going Concern

An accounting assumption that a company will continue to operate for the foreseeable future. A 'going concern' opinion from an auditor means there is substantial doubt about this assumption. (TANICO Inc. received a 'going concern' opinion from its auditor, highlighting significant financial instability and the need for immediate funding.)

Development Stage Company

A company that is still in the process of developing a product or service and has not yet generated significant revenue or profits. (TANICO Inc. is a development stage company, explaining its limited operating history, low revenue, and focus on future product development.)

Emerging Growth Company

A company defined by the JOBS Act that has total annual gross revenues of less than $1.235 billion during its most recently completed fiscal year. They are eligible for certain regulatory and reporting exemptions. (TANICO Inc. qualifies as an emerging growth company, which may allow it to take advantage of reduced reporting requirements.)

Professional Fees

Costs incurred for services provided by external professionals such as lawyers, accountants, or consultants. (Professional fees constituted the majority of TANICO's operating expenses ($19,288 out of $20,297) for the fiscal year ended September 30, 2025.)

Year-Over-Year Comparison

The current filing shows a significant reduction in cash used by operations, from $20,726 in the prior year to $312 in the year ended September 30, 2025. This was primarily due to directors and officers providing services without compensation. Revenue generation is minimal at $19,985, compared to potentially higher figures in the prior year (though not explicitly stated here). The accumulated deficit has grown to $65,879, and the company continues to face substantial going concern risks, necessitating immediate funding.

Key Financial Figures

• $20,000 — September 30, 2025 our cash balance was $20,000. We believe our cash balance is not suf
• $25,000 — e-month period, we require a minimum of $25,000 (approximately $15,000 of which are leg
• $15,000 — ire a minimum of $25,000 (approximately $15,000 of which are legal and registration fee
• $312 — ber 30, 2025 we have incurred a loss of $312 with total accumulated deficit of $65,8
• $65,879 — $312 with total accumulated deficit of $65,879; no significant revenue is anticipated
• $19,985 — 2025, the Company recognized revenue of $19,985 from the sale of its proprietary web-ba
• $20,297 — ights. Our total operating expenses of $20,297 were comprised of professional fees of
• $19,288 — were comprised of professional fees of $19,288 and general and administrative expenses
• $1,009 — general and administrative expenses of $1,009 as compared with total operating expens
• $20,967 — mpared with total operating expenses of $20,967, which included $19,437 of professional
• $19,437 — ing expenses of $20,967, which included $19,437 of professional fees and $1,530 in gene
• $1,530 — cluded $19,437 of professional fees and $1,530 in general and administrative expenses
• $20,726 — ed in operations was $312 compared with $20,726 for the fiscal year ended September 30,
• $10,701 — generated from financing activities was $10,701 compared with $16,038 for the year ende
• $16,038 — ng activities was $10,701 compared with $16,038 for the year ended September 30, 2024.

Filing Documents

• tanico_10k.htm (10-K) — 417KB
• tanico_ex311.htm (EX-31.1) — 9KB
• tanico_ex312.htm (EX-31.2) — 9KB
• tanico_ex321.htm (EX-32.1) — 4KB
• 0001477932-25-009202.txt ( ) — 1997KB
• tanico-20250930.xsd (EX-101.SCH) — 22KB
• tanico-20250930_lab.xml (EX-101.LAB) — 118KB
• tanico-20250930_cal.xml (EX-101.CAL) — 22KB
• tanico-20250930_pre.xml (EX-101.PRE) — 97KB
• tanico-20250930_def.xml (EX-101.DEF) — 26KB
• tanico_10k_htm.xml (XML) — 209KB

Business

Item 1. Business 3

Properties

Item 2. Properties. 5

Legal Proceedings

Item 3. Legal Proceedings. 5

Mine Safety Disclosures

Item 4. Mine Safety Disclosures. 5 PART II 6

Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. 6

Selected Financial Data

Item 6. Selected Financial Data. 6

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

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. 6

Quantitative and Qualitative Disclosures About Market Risk

Item 7A. Quantitative and Qualitative Disclosures About Market Risk. 9

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data. F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM F-2 Tanico Inc. Notes to the Financial Statements September 30, 2025 F-7 Note 1 - Organization and Operations F-7 Note 2 - Significant and Critical Accounting Policies and Practices F-7 Note 3 – Going Concern F-13 Note 4 – Property, Plant and Equipment F-14 Note 5 – Stockholder's Equity F-14 Note 6 – Related Party Transactions F-14 Note 7 – Concentrations, Risk and Uncertainties F-15 Note 8 – Income Tax Provision F-15 Note 9 – Subsequent Events F-16

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 10

Controls and Procedures

Item 9A. Controls and Procedures. 10

Other Information

Item 9B. Other Information. 10 PART III 11

Directors, Executive Officers and Corporate Governance

Item 10. Directors, Executive Officers and Corporate Governance. 11

Executive Compensation

Item 11. Executive Compensation. 14

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 15

Certain Relationships and Related Transactions, and Director Independence

Item 13. Certain Relationships and Related Transactions, and Director Independence. 15

Principal Accounting Fees and Services

Item 14. Principal Accounting Fees and Services. 15 PART IV 16

Exhibits, Financial Statement Schedules

Item 15. Exhibits, Financial Statement Schedules. 16

Form 10-K Summary

Item 16. Form 10-K Summary 16 EXHIBIT INDEX 16

SIGNATURES

SIGNATURES 17 2 Table of Contents PART I

Business

Item 1. Business Overview TANICO INC. has been incorporated on May 3, 2021 in the State of Nevada. We have never been involved in any reclassification, merger, consolidation, purchase or sale of a significant amount of assets, nor have we ever declared bankruptcy, been in receivership, or been involved in any legal action or proceedings. Since incorporation, management has developed a detailed business plan to provide customers with unique and innovative solution for their needs. Products/Services Description of Product or Services TANICO INC. is a new company that develops children's games that can provide valuable feedback to parents about child psychological well-being and early detection of any potential problems of psychological development. In the modern world, parents do not have enough time and experience to identify potentially dangerous psychological deviation in child behavior on early-stage (during early years of child development) and address it adequately. The games we develop will generate specific situations and monitor the child's reaction. Multiple consecutive steps allow seeing some repeating patterns and trends. There are different types of games for each age, although by analyzing children's skills and intellectual abilities, the level of the games will adjust automatically. No personal data is stored on our gaming servers. Each account is only associated with parents' email and/or with unique id number and password. Account is optional and is only necessary if parents would like to receive feedback. Parents will receive feedback regularly. In case of early problems, they will receive a recommendation to see a professional help for their child. With parents' consent we can provide data to help professional child psychologists to conduct long-term monitoring of child behavior and receive more information about child mental development. The psychologists can provide their valuable input on what game scenarios can identify different beha

Risk Factors

Item 1A. Risk Factors. Not applicable to smaller reporting companies.

Unresolved Staff Comments

Item 1B. Unresolved Staff Comments. Not applicable.

Properties

Item 2. Properties. We do not own any real estate or other properties.

Legal Proceedings

Item 3. Legal Proceedings. Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Year-End Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.

Mine Safety Disclosures

Item 4. Mine Safety Disclosures. Not applicable. 5 Table of Contents PART II

Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. Market Information There has been no market for our securities. Our common stock is not traded on any exchange or on the over-the-counter market. After the effective date of the registration statement relating to this prospectus, we hope to have a market maker file an application with the Financial Industry Regulatory Authority ("FINRA") for our common stock to be eligible for trading on the OTCQB or another quotation board. We do not yet have a market maker who has agreed to file such application. There is no assurance that a trading market will develop, or, if developed, that it will be sustained. Consequently, a purchaser of our common stock may find it difficult to resell the securities offered herein should the purchaser desire to do so when eligible for public resale. As of September 30, 2025, no shares of our common stock have traded. Number of Holders As of September 30, 2025, the 7,825,000 issued and outstanding shares of common stock were held by a total of 34 shareholders of record. Dividends We have not paid any cash dividends since our inception and do not foresee declaring any cash dividends on our common stock in the foreseeable future. Recent Sales of Unregistered Securities None. Purchase of our Equity Securities by Officers and Directors None. Other Stockholder Matters None.

Selected Financial Data

Item 6. Selected Financial Data. Not applicable.

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

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. You should read the following 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 included elsewhere in this Prospectus. Some of the information contained in this discussion and analysis or set forth elsewhere in this Prospectus, including information with respect to our plans and strategy for our business and related financing, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section of this Prospectus for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis. 6 Table of Contents As of September 30, 2025 our cash balance was $20,000. We believe our cash balance is not sufficient to fund our limited levels of operations for a sustainable period of time. We have been utilizing funds received from our President and Director, as well as funds from the proceeds of shares issuance. Our officer and director has no commitment, arrangement or legal obligation to advance or loan funds to the company. In order to implement our plan of operations for the next twelve-month period, we require a minimum of $25,000 (approximately $15,000 of which are legal and registration fees for a public company) of funding from this offering. Being a development stage company, we have very limited operating history. After twelve months period we may need additional financing, for which we currently don't have any arrangements. Our independent registered public accountant has issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional

Quantitative and Qualitative Disclosures About Market Risk

Item 7A. Quantitative and Qualitative Disclosures About Market Risk. Not applicable to smaller reporting companies. 9 Table of Contents

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data. Tanico Inc. September 30, 2025 Index to the Financial Statements Report of Independent Registered Public Accounting Firm F-2 Balance Sheets as of September 30, 2025 and 2024 F-3 F-4 F-5 F-6 Notes to The Financial Statements F-7 F-1 Table of Contents REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To: The Board of Directors and Stockholders of Tanico Inc. Opinion on the Financial Statements We have audited the accompanying balance sheets of Tanico Inc. (the Company) as of September 30, 2025 and 2024, and the related statements of operations, stockholders' equity, and cash flows for the two-years in the period ended September 30, 2025 and 2024, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of September 30, 2025 and 2024, and the results of its operations and its cash flows for the two-years in the period ended September 30, 2025, in conformity with accounting principles generally accepted in the United States of America. Explanatory Paragraph Regarding Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company is a start-up company and had incurred substantial losses during the year and limited working capital, which raises substantial doubt about its ability to continue as a going concern. Management's plan in regards to these matters are described in Note 3. These financial statements do not include any adjustments t

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