01 September 2026
Elventix Technology Corp
CIK: 2076765•1 Annual Report•Latest: 2026-08-31
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.
