$SLTC · Siltrium Tech Corp
Siltrium Tech Corporation filed its annual 10-K for FY2026 (ended July 31, 2026), reporting its first full year of operations. Revenue totaled $43,670 from the launch of its wellness-travel platform, while operating expenses reached $95,096 — including $39,427 in amortization and $55,669 in G&A — producing a net loss of $51,426. The balance sheet shows a working capital deficit of $174,998, and the auditor's report includes a going concern qualification.
- FY2026 revenue of $43,670 against $95,096 in operating expenses, yielding a net loss of $51,426.
- Working capital deficit of $174,998 as of July 31, 2026, with current liabilities of $195,093 vs. $20,095 in current assets.
- Auditor includes a going concern note citing recurring losses and a working capital deficit that raise substantial doubt about the Company's ability to continue.
- Company issued 1,700,000 shares at $0.025/share for $42,500 in cash proceeds during FY2026 to fund operations and intangible asset acquisitions.
- No established public trading market for the common stock as of October 28, 2026; 3,600,000 shares outstanding.
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A development-stage company with a going concern flag, minimal revenue, and no public trading market — this is a high-risk micro-cap that needs immediate capital to survive.
Siltrium operates in the wellness-travel tech space with a subscription-based TripWeaver platform. At $43,670 in annual revenue against a $175K working capital deficit, it remains a micro-cap development-stage company with no proven monetization at scale.
Going concern warning: auditor notes recurring losses and a $174,998 working capital deficit raise substantial doubt about the Company's ability to continue as a going concern. The Company has no insurance coverage, exposing it to unmitigated litigation risk. It also lacks an established public trading market, meaning investors may be unable to liquidate positions.