NAPC Defense, Inc.
BLIS
NAPC Defense, Inc. has secured $38 million in contracts highlighting demand for its CornerShot USA tactical products. Despite stable revenues near $85,000, operating losses widened sharply to nearly $2.5 million in fiscal 2025, reflecting increased expenses amid limited sales growth. The company faces severe liquidity constraints with a current ratio around 0.04 and negative equity but has taken corporate actions including expanding authorized shares and creating a Voting Control Preferred stock class to maintain governance control during strategic initiatives. International expansion and school safety advocacy complement commercial prospects, yet financial stability remains a key challenge.
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NAPC Defense, Inc. (BLIS)

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