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Elventix Technology Corp

CIK: 20767651 Annual ReportLatest: 2026-08-31
Revenue: $3,359Net Income: -$108,556Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / August 31, 2026

Elventix Technology Corporation

Overview

Elventix Technology Corporation is an early-stage technology company focused on developing and commercializing the Smarterest mobile application, a news aggregation and content-curation platform. The company also offers a subscription-based API that provides a selection of news sources, personalized and filtered for integration into third-party platforms and workflows. The stated objective is to improve access to timely, relevant information while minimizing non-essential content.

Products and offerings

  • Smarterest mobile application — news aggregation and personalized content delivery.
  • Smarterest API — subscription-based, providing structured, standardized, continuously updated access to news content for developers and platforms.

Business model and monetization

  • Primary revenue from software and API subscriptions.
  • Revenue recognized for the fiscal year ended May 31, 2026: $3,359.
  • Deferred revenue at May 31, 2026: $18,090 for subscription periods not yet elapsed.

Corporate structure and key transactions

  • Formed as a Wyoming corporation.
  • May 15, 2025: Acquired the Smarterest mobile application via an Application Sale Agreement with Smarterest Incorporated.
  • Financing via a Promissory Note dated May 15, 2025 (amended November 13, 2025).
  • December 31, 2025: Smarterest Incorporated assigned all rights under the Promissory Note (outstanding principal approximately $163,000) to 360 DIGITAL LLC; payments thereafter to 360 DIGITAL LLC (assignment does not discharge the obligation).
  • Second amendment to the Promissory Note extended maturity from December 31, 2025 to November 14, 2026.
  • The company owns the Smarterest application and holds exclusive, irrevocable rights to modify, develop, commercialize, and license the technology.

Location and assets

  • Principal address: Avinguda de Blondel, 21, 25002 Lleida, Spain.
  • Principal asset: Smarterest mobile application and related intellectual property.

Development activity and capitalization (fiscal year ended May 31, 2026)

  • Website development costs capitalized: $25,200 (placed in service: Oct 2025 = $16,800; May 2026 = $8,400).
  • Software refactoring/optimization costs capitalized: $50,395 (placed in service March 2026).
  • Other expenditures: $5,500 R&D; $16,800 server rental; $5,600 website support.

Competitive strengths

  • Full ownership of Smarterest source code and related IP rights, including derivative works and branding.
  • Planned multi-platform compatibility with Android and iOS without additional platform integration costs.
  • Planned feature expansion, including offline reading and downloadable content.
  • Flexible monetization model: initial API subscription with potential for additional revenue streams such as consumer subscriptions and digital advertising.

Growth strategies

  • Near term: release additional app versions, expand the user base domestically and internationally, invest in technology and product enhancements, and improve personalization and monetization.
  • Near to medium term: focus on user acquisition and engagement, partnerships, international expansion and localization, and application of AI/ML technologies.
  • Long term: diversify revenue streams, expand into multimedia content, enhance AI-driven personalization, and strengthen social/community features.

Employees and governance

  • As of May 31, 2026, there are no full-time employees under employment agreements. Operations rely on technology consultants and third-party development firms.
  • Board of Directors: Tallis Mateus Da Silva (President, Director, Treasurer, Secretary) and Jose Alejandro Bejarano Velasquez (Director).

Regulatory and risk context

  • Subject to intellectual property, trademark, and digital content laws; data privacy and protection laws; app store policies; evolving AI regulatory frameworks; and digital advertising and consumer protection standards.
  • No regulatory barriers have been encountered to date; future regulatory changes could require modifications to practices or architecture.

Financial highlights and references

  • Fiscal year ended May 31, 2026 revenue: $3,359.
  • Deferred revenue at May 31, 2026: $18,090.
  • Additional information is available at elventix.com and in the company's SEC filings.