What changed in this filing

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Item 1. Financial Statements

2025-09-15 compared with 2025-07-07 · 130 added, 103 removed, 178 unchanged (57% of the section changed)

10 unchanged sentences

Current Liabilities

Accounts Payable/Accrued Liabilities

Interest Payable

2 unchanged sentences

Director Loan

Due to Third Party

Promissory Note

3 unchanged sentences

Common stock, $ 0.0001 par value, 75,000,000 shares authorized;

3,632,750 shares issued and outstanding April 30, 2025, and January 31, 2025, respectively;

3,632,750 shares issued and outstanding July 31, 2025 and January 31, 2025 respectively;

Additional paid-in-capital

Retained earnings (Accumulated deficit)

Accumulated deficit

Total Stockholders’ Equity

Total Liabilities and Stockholders’ Equity

The accompanying notes are an integral part of

these financial statements.

The accompanying notes are an integral part of these

financial statements.

RAPID LINE INC.

STATEMENT OF OPERATIONS (Unaudited)

April 30, 2025

April 30, 2024

July 31, 2025

July 31, 2024

July 31, 2025

July 31, 2024

OPERATING EXPENSES

1 unchanged sentence

TOTAL OPERATING EXPENSES

Other income/debt forgiveness

NET INCOME (LOSS) FROM OPERATIONS

OTHER INCOME (EXPENSE)

Forgiveness of debt

TOTAL OTHER INCOME/EXPENSE

PROVISION FOR INCOME TAXES

2 unchanged sentences

BASIC AND DILUTED

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:

WEIGHTED AVERAGE NUMBER OF SHARES

BASIC AND DILUTED

The accompanying notes are an integral part of

these financial statements.

The accompanying notes are an integral part of these

financial statements.

RAPID LINE INC.

2 unchanged sentences

Inception, January 10, 2022

Shares issued for cash at $0.0001 per

share on January 10, 2022

the year ended January 31, 2022

Shares issued for cash at $0.0001 per share on January 10, 2022

Net loss for the year ended January 31, 2022

Balance, January 31, 2022

Shares issued for cash at $0.02

per share in July, 2022

Shares issued for cash at $0.02

per share in October, 2022

Shares issued for cash at $0.02

per share in January, 2023

Net loss for the period ending

January 31, 2023

Shares issued for cash at $0.02 per share in July, 2022

Shares issued for cash at $0.02 per share in October, 2022

Shares issued for cash at $0.02 per share in January, 2023

Net loss for the period ending January 31, 2023

Balance, January 31, 2023

Shares issued for cash at $0.02

per share in April, 2023

Net loss for the period ending

January 31, 2024

Shares issued for cash at $0.02 per share in April, 2023

Net loss for the period ending January 31, 2024

Balance, January 31, 2024

Net loss for the period ending

January 31, 2025

Net loss for the period ending January 31, 2025

Balance, January 31, 2025

Net income for the period ending

April 30, 2025

Net income for the period ending April 30, 2025

Balance, April 30, 2025

Net income for the period ending July 31, 2025

Balance, July 31, 2025

The accompanying notes are an integral part of these

financial statements.

RAPID LINE INC.

STATEMENT OF CASH FLOWS (Unaudited)

April 30, 2025

April 30, 2024

July 31, 2025

July 31, 2024

CASH FLOWS FROM OPERATING ACTIVITIES

2 unchanged sentences

Accumulated amortization

Forgiveness of debt

Increase/Decrease related to Prepaid Expenses

Increase in accounts payable

Decrease in interest payable

CASH FLOWS USED IN OPERATING ACTIVITIES

1 unchanged sentence

Related Party Loans

Interest payable

CASH FLOWS PROVIDED BY FINANCING ACTIVITIES

4 unchanged sentences

Cash paid for:

The accompanying notes are an integral part of

these financial statements.

The accompanying notes are an integral part of these

financial statements.

RAPID LINE INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED APRIL 30, 2025

SINCE INCEPTION ON JANUARY 10, 2022 TO JULY 31,

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

4 unchanged sentences

From our formation we were engaged in the business of namely

the development, marketing and business process analysis, problem solving and general business services by our sole officer and director,

the development, marketing and business process analysis, problem solving and general business services.

Our executive and business office is located at 1111

51st Floor, T1 Building, Qianhai Excellence No.

1, Shenzen, China.

South Roop Street, Unit 1915, Carson City, NV 89702.

NOTE 2 – GOING CONCERN

The Company’s financial statements have

been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and

liquidation of liabilities in the normal course of business.

As reflected in the financial statements, the

Company had retained earnings of $ 7,550 at April 30, 2025.

The Company had net income of $ 98,283 , which was attributable to forgiveness

of debt of $ 114,731 , for the three months ended April 30, 2025.

The Company has never generated any revenues and, unless it obtains capital,

is not expected to generate any revenues for the foreseeable future.

These factors raise substantial doubt about the Company’s ability

to continue as a going concern.

The Company is attempting to commence operations

and generate sufficient revenue;

however, the Company’s cash position may not be sufficient to support the Company’s daily

Company had stockholders’ equity of $ 2,258

at July 31, 2025.

The Company had net income of $ 70,086 ,

which was attributable to forgiveness of debt of $ 114,731 ,

during the three months ended April 30, 2025.

The Company has never generated any revenues and, unless it obtains capital, is not

expected to generate any revenues for the foreseeable future.

These factors raise substantial doubt about the Company’s

ability to continue as a going concern.

The Company is attempting to commence operations and

generate sufficient revenue;

however, the Company’s cash position may not be sufficient to support the Company’s daily operations.

Management intends to raise additional funds by way of a private or public offering.

While the Company believes in the viability

of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances

While the Company believes in the viability of its

strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances

to that effect.

6 unchanged sentences

Basis of Presentation

The accompanying financial statements have been

prepared in accordance with generally accepted accounting principles in the United States of America.

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 January 31.

10 unchanged sentences

results are not necessarily indicative of the results that may be expected for a full year or any other interim period.

In accordance with ASC 606, revenue is measured

based on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.

During the period ended April 30, 2025, the Company did not generate

In accordance with ASC 606, revenue is measured based

on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.

During the period ended July 31, 2025, we have not generated any revenue.

Use of Estimates

8 unchanged sentences

The Company issued 2,500,000 common shares for $250 at par

value $0.0001 to its former officer and director, Wictor Moroz, for the purpose of his taking care of financial operations for the Company.

value $0.0001 for the purpose of managing the expenses of the financial operations for the Company by its former director Wiktor Moroz.

Mobile Application and Website development -

- amortization

The Company is using straight - line amortization

2 unchanged sentences

Term of amortization – 60 months (5 years).

Since Inception to April 30, 2025 the company’s

Since Inception to July 31, 2025 the company’s

accumulated amortization was $ 12,646 .

4 unchanged sentences

Fair Value of Financial Instruments

AS topic 820 “Fair Value Measurements and

Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value.

The hierarchy

prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

AS topic 820 “Fair Value Measurements and Disclosures”

establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value.

The hierarchy prioritizes the inputs

into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

4 unchanged sentences

loan from shareholder approximates its fair value due to their short-term maturity.

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.

Income taxes are computed using the asset and liability

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.

allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

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.

As of April 30, 2025, there were no potentially

dilutive debt or equity instruments issued or outstanding.

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.

As of July 31, 2025, there were no potentially dilutive

debt or equity instruments issued or outstanding.

Stock-Based Compensation

3 unchanged sentences

Recent Accounting Pronouncements

Management does not believe that any recently

issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

Management does not believe that any recently issued,

but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

NOTE 4 – LOAN FROM DIRECTOR

2 unchanged sentences

Moroz, in the total amount of $ 114,731 .

Further, as of the date

of this filing, Jiang Jian, the Company’s former sole officer and director has forgiven all outstanding debt due to him for expenses

incurred by the Company which at July 31, 2025 was $ 11,000 .

There are currently no loans or liabilities due to any party as of the filing

date of this quarterly report on Form 10-Q.

NOTE 5 – COMMON STOCK

The Company has 75,000,000 , $ 0.0001 par value

shares of common stock authorized.

On January 10, 2022 the Company issued 2,500,000

shares of common stock to a director for services rendered estimated to be $ 250 at $0.0001 per share.

The Company has 75,000,000 , $ 0.0001 par value shares

of common stock authorized.

On January 10, 2022 the Company issued 2,500,000 shares

of common stock to a director for services rendered estimated to be $ 250 at $0.0001 per share.

In July of 2022, the Company issued 167,500 common

2 unchanged sentences

and outstanding as of July 31, 2022.

In October, the Company issued 625,250 common

In October of 2022, the Company issued 625,250 common

shares to few individuals at $0.02 per share in consideration of $ 12,505 .

1 unchanged sentence

and outstanding as of October 31, 2022.

In January, the Company issued 275,000 common

shares to few individuals at $0.02 per share in consideration of $ 5,500 .

In January, the Company issued 275,000 common shares

to few individuals at $0.02 per share in consideration of $ 5,500 .

There were 3,567,750 shares of common stock issued

2 unchanged sentences

to few individuals at $0.02 per share in consideration of $ 1,300 .

There were 3,632,750

shares of common stock issued and outstanding as of April 30, 2025.

There were 3,632,750 shares of common stock issued

and outstanding as of July 31, 2025.

NOTE 6 – COMMITMENTS AND CONTINGENCIES

Our sole officer and director, Jiang Jian, provides

Our sole officer and director, Richard Chiang, provides

office space to the Company at no charge.

11 unchanged sentences

Schedule of income tax benefit (expense)

April 30, 2025

July 31, 2025

Tax benefit (expenses) at U.S.

5 unchanged sentences

Schedule of deferred tax assets

April 30, 2025

July 31, 2025

Net operating loss

Valuation allowance

1 unchanged sentence

The Company has accumulated approximately $ 90,733

of retained earnings through April 30, 2025, and currently possesses no net operating loss carry-forward to offset future taxable income.

of net operating losses (“NOL”) carried forward to offset future taxable income up to 20 years, if any, in future years which

begin to expire in year 2038.

In assessing the realization of deferred tax assets, management considers whether it is more likely than

not that some portion or all of the deferred tax assets will be realized.

The ultimate realization of deferred tax assets is dependent

upon the generation of future taxable income during the periods in which those temporary differences become deductible.

Management considers

the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment.

Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs

for every period because it is more likely than not that all of the deferred tax asset will not be realized.

NOTE 8 – CHANGE IN CONTROL

9 unchanged sentences

as the Sole Director, President, Chief Executive Officer and Secretary of the Company.

On August 22, 2025, the Company entered into a

change in control whereby pursuant to a stock purchase agreement, Nova Aura Limited acquired 2,500,000 shares of the Company’s common

stock (the “Acquired Shares”) representing approximately 68.82% of the outstanding shares of the Company’s common stock

and voting control of the Company from Jiang Jian for $586,473 in cash.

In connection with the change in control, Mr.

Jian resigned his

titles as President, CEO, CFO, Secretary, Treasurer and Director of the Company.

NOTE 9 – FORGIVENESS OF DEBT

Effective March 18, 2025, in connection with the

Change-in-Control Agreement, the Company’s former sole officer and director, Wictor Moroz, forgave all amounts owed to him by the

Effective August 22, 2025, in connection with the

Change-in-Control Agreement, the Company’s former sole officer and director, Jiang Jian, forgave all amounts owed to him by the

Company, a total amount of $ 11,000 in principal and interest.

NOTE 10 – SUBSEQUENT EVENTS

In accordance with ASC 855-10 the Company has

analyzed its operations subsequent to April 30, 2025, to the date these financial statements were issued, June 23, 2025, and has determined

that it does not have any material subsequent events to disclose in these financial statements.

Management has evaluated subsequent events, in accordance

with FASB ASC Topic 855, “Subsequent Events,” through the date which the financial statements were available to be issued

and there are no material subsequent events, except as noted below.

Effective August 22, 2025, there occurred a change

in control of the Company.

On such date, pursuant to a stock purchase agreement (the “August Change-in-Control Agreement”),

Nova Aura Limited acquired 2,500,000 shares of the Company’s common stock (the “Acquired Shares”) from the Company’s

former Sole Officer and Director, Jiang Jian.

The Acquired Shares represent approximately 68.82% of the outstanding shares of the Company’s

common stock and constitute voting control of the Company.

The total consideration paid by Nova Aura Limited for the Acquired Shares was

$586,473 in cash, the source of which was corporate funds.

In conjunction with the August Change-in-Control Agreement, on August 22, 2025,

Jiang Jian resigned as Sole Director, CEO, CFO and Secretary of the Company and Nova Aura Limited appointed Richard Chiang as the Sole

Director, President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements