21 unchanged sentences
Common stock, $ 0.0001 par value, 75,000,000 shares authorized;
−Removed: 3,632,750 shares issued and outstanding July 31, 2025 and January 31, 2025 respectively;
+Added: 3,632,750 shares issued and outstanding October 31, 2025 and January 31, 2025 respectively;
Additional paid-in-capital
6 unchanged sentences
STATEMENT OF OPERATIONS (Unaudited)
−Removed: July 31, 2025
−Removed: July 31, 2024
−Removed: July 31, 2025
−Removed: July 31, 2024
+Added: October 31, 2025
+Added: October 31, 2024
+Added: October 31, 2025
+Added: October 31, 2024
OPERATING EXPENSES
7 unchanged sentences
BASIC AND DILUTED
−Removed: WEIGHTED AVERAGE NUMBER OF SHARES
+Added: WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
BASIC AND DILUTED
4 unchanged sentences
Stockholders’
−Removed: Inception, January 10, 2022
−Removed: Shares issued for cash at $0.0001 per share on January 10, 2022
−Removed: Net loss for the year ended January 31, 2022
Balance, January 31, 2025
−Removed: Shares issued for cash at $0.02 per share in July, 2022
−Removed: Shares issued for cash at $0.02 per share in October, 2022
−Removed: Shares issued for cash at $0.02 per share in January, 2023
−Removed: Net loss for the period ending January 31, 2023
−Removed: Balance, January 31, 2023
−Removed: Shares issued for cash at $0.02 per share in April, 2023
−Removed: Net loss for the period ending January 31, 2024
−Removed: Balance, January 31, 2024
−Removed: Net loss for the period ending January 31, 2025
+Added: Net income for the period ending April 30, 2025
+Added: Balance, April 30, 2025
+Added: Net income for the period ending July 31, 2025
+Added: Balance, July 31, 2025
+Added: Net income for the period ending October 31, 2025
+Added: Balance, October 31, 2025
+Added: Stockholders’
Balance, January 31, 2024
3 unchanged sentences
Balance, July 31, 2024
−Removed: The accompanying notes are an integral part of these
−Removed: financial statements.
+Added: Net income for the period ending October 31, 2024
+Added: Balance, October 31, 2024
+Added: The accompanying notes are an integral part of
+Added: these financial statements.
RAPID LINE INC.
STATEMENT OF CASH FLOWS (Unaudited)
−Removed: July 31, 2025
−Removed: July 31, 2024
+Added: October 31, 2025
+Added: October 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
1 unchanged sentence
Adjustment to reconcile net income (loss) to cash provided by operating activities
+Added: Debt forgiveness
Accumulated amortization
−Removed: Increase/Decrease related to Prepaid Expenses
−Removed: Increase in accounts payable
Decrease in interest payable
1 unchanged sentence
CASH FLOWS FROM FINANCING ACTIVITIES
−Removed: Related Party Loans
+Added: Related Parties
+Added: Interest Payable
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES
8 unchanged sentences
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
−Removed: SINCE INCEPTION ON JANUARY 10, 2022 TO JULY 31,
−Removed: NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION
+Added: SINCE INCEPTION ON JANUARY 10, 2022 TO OCTOBER 31,
+Added: NOTE 1 – ORGANIZATION AND BASIS OF
RAPID LINE INC.
7 unchanged sentences
NOTE 2 – GOING CONCERN
−Removed: As reflected in the financial statements, the
−Removed: Company had stockholders’ equity of $ 2,258
−Removed: at July 31, 2025.
−Removed: The Company had net income of $ 70,086 ,
−Removed: which was attributable to forgiveness of debt of $ 114,731 ,
−Removed: during the three months ended April 30, 2025.
−Removed: The Company has never generated any revenues and, unless it obtains capital, is not
−Removed: expected to generate any revenues for the foreseeable future.
+Added: As reflected in the financial statements, the Company
+Added: had stockholders’ equity of $ ( 28,045 ) at October 31, 2025.
+Added: The Company had net income of $ 39,781 , which was attributable to forgiveness
+Added: of debt of $ 144,425 , during the nine months ended October 31, 2025.
+Added: The Company has never generated any revenues and, unless it obtains
+Added: capital, is not expected to generate any revenues for the foreseeable future.
These factors raise substantial doubt about the Company’s
25 unchanged sentences
of operations and cash flows for the interim periods presented in conformity with US GAAP.
−Removed: These unaudited consolidated financial statements
−Removed: should be read in conjunction with the consolidated financial statements and notes thereto for the year ended January 31, 2024.
−Removed: results are not necessarily indicative of the results that may be expected for a full year or any other interim period.
+Added: These unaudited financial statements should
+Added: be read in conjunction with the financial statements and notes thereto for the year ended January 31, 2025.
+Added: Interim results are not necessarily
+Added: 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.
−Removed: During the period ended July 31, 2025, we have not generated any revenue.
+Added: During the period ended October 31, 2025, we have no t generated any revenue.
Use of Estimates
14 unchanged sentences
Term of amortization – 60 months (5 years).
−Removed: Since Inception to July 31, 2025 the company’s
+Added: Since Inception to October 31, 2025 the company’s
accumulated amortization was $ 14,696 .
1 unchanged sentence
All interest owed pursuant to loans were forgiven
−Removed: during the three months ended April 30, 2025.
−Removed: As of April 30, 2025, the Company had no liabilities.
+Added: during the nine months ended October 31, 2025.
+Added: As of October 31, 2025, the Company had no interest payable.
Fair Value of Financial Instruments
22 unchanged sentences
their effect is anti-dilutive.
−Removed: As of July 31, 2025, there were no potentially dilutive
−Removed: debt or equity instruments issued or outstanding.
+Added: As of October 31, 2025, there were no potentially
+Added: dilutive debt or equity instruments issued or outstanding.
Stock-Based Compensation
6 unchanged sentences
NOTE 4 – LOAN FROM DIRECTOR
−Removed: As of April 30, 2025, all loans from the Company’s
+Added: As of October 31, 2025, all loans from the Company’s
prior sole officer and director, Wiktor Moroz, had been forgiven by Mr.
3 unchanged sentences
incurred by the Company which at July 31, 2025 was $ 11,000 .
−Removed: There are currently no loans or liabilities due to any party as of the filing
−Removed: date of this quarterly report on Form 10-Q.
+Added: As of October 31, 2025, the company had $ 144,425 of debt forgiven.
+Added: The Company has $ 54,602 due to related parties as
+Added: of the filing date of this quarterly report on Form 10-Q.
NOTE 5 – COMMON STOCK
18 unchanged sentences
There were 3,632,750 shares of common stock issued
−Removed: and outstanding as of July 31, 2025.
+Added: and outstanding as of October 31, 2025.
NOTE 6 – COMMITMENTS AND CONTINGENCIES
13 unchanged sentences
Schedule of income tax benefit (expense)
−Removed: July 31, 2025
−Removed: Tax benefit (expenses) at U.S.
−Removed: statutory rate
+Added: October 31, 2025
+Added: January 31, 2025
+Added: Federal income tax benefit attributable to:
+Added: Current operations
change in valuation allowance
−Removed: Tax benefit (expenses), net
+Added: Net provision for Federal income taxes
The tax effects of temporary differences that give rise to significant
1 unchanged sentence
Schedule of deferred tax assets
−Removed: July 31, 2025
−Removed: Net operating loss
+Added: October 31, 2025
+Added: January 31, 2025
+Added: Net operating loss carryover
Valuation allowance
50 unchanged sentences
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.