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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form 10-Q |
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended April 30, 2026
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______ to _______
Commission File No. 000-56762
SUN
(Exact name of registrant as specified in its charter)
| Wyoming | 35-2871996 | |
| (State or Other Jurisdiction of Incorporation or Organization) | (IRS Employer Identification Number) |
| 10 Lily Pond Lane East Hampton, NY 11937 |
7389 | |
| (Address of principal executive offices) | (Primary Standard Industrial Classification Code Number) |
(909) 274-0257
Registrant’s telephone number, including area code:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered |
| N/A | N/A | N/A |
Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer ☐ | Accelerated filer ☐ | ||
| Non-accelerated filer ☒ | Smaller reporting company ☒ | ||
| Emerging growth company ☒ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) Yes ☐ No ☒
As of April 30, 2026, the registrant had shares of common stock issued and outstanding.
TABLE OF CONTENTS
| PART 1 | FINANCIAL INFORMATION | |
| Item 1. | Financial Statements (Unaudited) | 3 |
| Balance Sheets | 4 | |
| Statements of Operations | 5 | |
| Statements of Stockholders Equity (Deficit) | 6 | |
| Statements of Cash Flows | 7 | |
| Notes to Financial Statements | 8 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 13 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 16 |
| Item 4. | Controls and Procedures | 16 |
| PART II. | OTHER INFORMATION | |
| Item 1. | Legal Proceedings | 17 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 17 |
| Item 3. | Defaults Upon Senior Securities | 17 |
| Item 4. | Mine Safety Disclosures | 17 |
| Item 5. | Other Information | 17 |
| Item 6. | Exhibits | 17 |
| Signatures | 18 |
| 2 |
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
Condensed Balance Sheets as of April 30, 2026 (Unaudited) and October 31, 2025 (Audited)
Condensed Statements of Cash Flows for the Six Months Ended April 30, 2026 and 2025 (Unaudited)
Notes to the Condensed Financial Statements
| 3 |
SUN
CONDENSED BALANCE SHEETS
| April 30, 2026 | October 31, 2025 | |||||||
| (Unaudited) | (Audited) | |||||||
| ASSETS | ||||||||
| Current assets | ||||||||
| Cash & cash equivalents | $ | 63 | $ | 8,856 | ||||
| Accounts receivable | – | – | ||||||
| Deferred Offering Costs | 20,000 | – | ||||||
| Prepaid expenses | 500 | 500 | ||||||
| Total current assets | 20,563 | 9,356 | ||||||
| Non-Current assets | ||||||||
| Intangibles | 499 | 499 | ||||||
| Equipment (net) | 7,829 | 10,551 | ||||||
| Long-term investments | 87,500 | 87,500 | ||||||
| Note receivable - Related Party | 50,000 | 50,000 | ||||||
| Total Non-Current assets | 145,828 | 148,550 | ||||||
| TOTAL ASSETS | $ | 166,391 | $ | 157,906 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current Liabilities | ||||||||
| Accounts payable | $ | 5,500 | $ | 5,500 | ||||
| Accrued Interest Payable | 13,125 | 7,875 | ||||||
| Short-term loans from shareholder (Related Party) | 500 | 2,050 | ||||||
| Unearned revenue | 16,719 | 16,667 | ||||||
| Total Current Liabilities | 35,844 | 32,092 | ||||||
| Non-Current Liabilities | ||||||||
| Long-term loans from shareholder (Related Party) | 39,086 | 22,159 | ||||||
| Long-term business loans | 70,000 | 70,000 | ||||||
| Total non-current liabilities | 109,086 | 92,159 | ||||||
| Total Liabilities | 144,930 | 124,251 | ||||||
| Stockholders’ Equity (Deficit) | ||||||||
| Common stock, $ par value, shares authorized; shares issued and outstanding | 847 | 847 | ||||||
| Additional Paid-In-Capital | 32,430 | 32,430 | ||||||
| Accumulated Deficit | (11,816 | ) | 378 | |||||
| Total Stockholders’ equity (deficit) | 21,461 | 33,655 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | $ | 166,391 | $ | 157,906 | ||||
The accompanying notes are an integral part of these financial statements
| 4 |
SUN
CONDENSED STATEMENTS OF OPERATIONS
(UNAUDITED)
| Three months ended April 30, 2026 | Three months ended April 30, 2025 | Six months ended April 30, 2026 | Six months ended April 30, 2025 | |||||||||||||
| Revenue | $ | 5,551 | $ | 50,000 | $ | 16,151 | $ | 54,500 | ||||||||
| Cost of revenue | – | (4,500 | ) | – | ||||||||||||
| Gross Profit | 5,551 | 50,000 | 11,651 | 54,500 | ||||||||||||
| Operating expenses | ||||||||||||||||
| General and administrative expenses | 1,553 | 3,986 | 14,692 | 8,343 | ||||||||||||
| Advertising and marketing | – | – | 1,090 | 7,500 | ||||||||||||
| Professional services | 116 | – | 2,813 | – | ||||||||||||
| Other operating expenses | 2,625 | – | 5,250 | 2,625 | ||||||||||||
| Total operating expenses | 4,294 | 3,986 | 23,845 | 18,468 | ||||||||||||
| Income (Loss) before provision for income taxes | 1,257 | 46,014 | (12,194 | ) | 36,032 | |||||||||||
| Provision for income taxes | – | – | – | – | ||||||||||||
| Net income (loss) | $ | 1,257 | $ | 46,014 | $ | (12,194 | ) | $ | 36,032 | |||||||
| Income (loss) per common share: Basic and diluted | $ | $ | $ | ) | $ | |||||||||||
| Weighted Average Number of Common Shares Outstanding: Basic and diluted | ||||||||||||||||
The accompanying notes are an integral part of these financial statements
| 5 |
SUN
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
FOR SIX MONTHS ENDED APRIL 30, 2025 & FOR SIX MONTHS ENDED APRIL 30, 2026
(UNAUDITED)
| Number of Common Shares |
Amount | Additional Paid-In-Capital |
Accumulated Deficit |
Total | |||||||||||||||
| Balance at October 31, 2024 | 5,200,000 | $ | 520 | $ | $ | (3,510 | ) | $ | (2,990 | ) | |||||||||
| Net Income (loss) for the period | – | 36,032 | 36,032 | ||||||||||||||||
| Balance as of April 30, 2025 | 5,200,000 | $ | 520 | $ | $ | 32,522 | $ | 33,042 | |||||||||||
| Balance at October 31, 2025 | 8,475,000 | $ | 847 | $ | 32,430 | $ | 378 | $ | 33,655 | ||||||||||
| Net loss for the period | – | (12,194 | ) | (12,194) | |||||||||||||||
| Balance as of April 30, 2026 | 8,475,000 | $ | 847 | $ | 32,430 | $ | (11,816 | ) | $ | 21,461 | |||||||||
The accompanying notes are an integral part of these financial statements
| 6 |
SUN
CONDENSED STATEMENTS OF CASH FLOWS
(UNAUDITED)
| Six months ended April 30, 2026 | Six months ended April 30, 2025 | |||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
| Net loss | $ | (12,194 | ) | $ | 36,032 | |||
| Adjustments for non-cash items: | ||||||||
| Depreciation | 2,722 | 2,723 | ||||||
| Accounts receivable | – | 14,975 | ||||||
| Short-term loans from shareholders (Related Party (see Note 7) | (1,550 | ) | 2,922 | |||||
| Accounts payable | – | 5,500 | ||||||
| Prepaid expenses | – | (2,000 | ) | |||||
| Long-term loans from shareholders (Related Party (see Note 7) | 16,927 | (31,672 | ) | |||||
| Unearned Revenue | 52 | (50,000 | ) | |||||
| Accrued Interest Payable | 5,250 | 2,625 | ||||||
| Net cash provided by (used in) Operating activities | 11,207 | (18,895 | ) | |||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
| Purchase of non-current assets | – | – | ||||||
| Long-term investments | – | – | ||||||
| Note receivable | – | (50,000 | ) | |||||
| Net cash provided by (used in) Investing activities | – | (50,000 | ) | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
| Deferred offering costs | (20,000 | ) | – | |||||
| Proceeds from sale of common stock | – | – | ||||||
| Proceeds of long-term business loans | – | 70,000 | ||||||
| Net cash provided by Financing activities | (20,000 | ) | 70,000 | |||||
| Increase (decrease) in cash and equivalents | (8,793 | ) | 1,105 | |||||
| Cash and equivalents at beginning of the period | 8,856 | 2,500 | ||||||
| Cash and equivalents at end of the period | $ | 63 | $ | 3,605 | ||||
The accompanying notes are an integral part of these financial statements.
| 7 |
SUN
NOTES TO THE CONDENSED FINANCIAL STATEMENTS
FOR SIX MONTHS ENDED APRIL 30, 2026
NOTE 1 – ORGANIZATION AND BUSINESS
SUN (the “Company”) is a corporation organized under the laws of the State of Wyoming on September 5, 2024.
The Company is an early-stage entertainment company engaged primarily in the development of proprietary immersive virtual reality (“VR”) content and, to a lesser extent, in providing advertising, brand promotion, and consulting services.
The Company has adopted October 31 as its fiscal year end.
NOTE 2 – BASIS OF PRESENTATION
The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and Article 8 of Regulation S-X.
Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
In the opinion of management, all adjustments considered necessary for a fair presentation of the Company’s financial position, results of operations, and cash flows for the interim period have been included.
Operating results for the interim period presented are not necessarily indicative of the results that may be expected for the full fiscal year.
These financial statements should be read in conjunction with the Company’s audited financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2025.
NOTE 3 – GOING CONCERN
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.
For the six months ended April 30, 2026, the Company generated revenue of $16,151 and reported a net loss of $12,194.
The Company continues to rely on financing from related parties and third-party lenders to support its operations and working capital requirements.
These conditions raise substantial doubt about the Company’s ability to continue as a going concern.
Management plans to continue funding operations through a combination of revenues from services, equity issuances, and additional debt financing.
The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
| 8 |
NOTE 4 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The accounting policies followed by the Company are consistent with those described in the audited financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2025.
There have been no material changes to the Company’s significant accounting policies during the interim period.
Revenue Recognition
The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers.
Revenue during the current interim period was primarily derived from audiovisual production services and related media production activities.
Revenue is recognized when the Company satisfies performance obligations under its service agreements.
Segment Reporting
The Company operates as a single operating segment. Management reviews financial information on a consolidated basis and therefore the Company has reportable segment.
NOTE 5 – REVENUE AND COST OF REVENUE
During the six months ended April 30, 2026, the Company recognized $16,151 in revenue related primarily to audiovisual production, advertising, promotional, and creative consulting services.
Direct costs associated with these services totaled $4,500 and consisted primarily of editing, post-production, and production services provided by third-party contractors.
These direct production costs are recorded as cost of revenue in the accompanying condensed statements of operations.
NOTE 6 – EQUIPMENT (NET)
Equipment is recorded at cost less accumulated depreciation.
Depreciation is calculated using the straight-line method over an estimated useful life of three years.
As of April 30, 2026, equipment (net) totaled $7,829.
Depreciation expense for the six months ended April 30, 2026 totaled $2,722.
| 9 |
NOTE 7 – RELATED PARTY TRANSACTIONS
The Company may receive advances from its director and related parties to support working capital requirements, operating expenses, and public company compliance activities.
During the six months ended April 30, 2026, the Company received additional advances from related parties totaling $16,927, a portion of which was used to fund offering-related activities and costs associated with DTC eligibility and public market compliance matters.
As of April 30, 2026, outstanding short-term related-party advances totaled $500 and long-term related-party advances totaled $39,086.
These advances are unsecured and non-interest bearing unless otherwise specified.
NOTE 8 – NOTE RECEIVABLE – RELATED PARTY
The Company holds a $50,000 note receivable from MUY HOUSE, a related party, arising from a partnership and advertising agreement.
The note is non-interest-bearing and payable in full on October 30, 2026.
No payments had been received as of April 30, 2026.
NOTE 9 – UNEARNED REVENUE
Unearned revenue represents amounts received or contractually owed for services that have not yet been performed.
As of April 30, 2026, the Company had approximately $16,719 of unearned revenue related to services that remain to be performed under existing agreements.
Revenue will be recognized as performance obligations are satisfied.
NOTE 10 – DEFERRED OFFERING COSTS
Deferred offering costs consist primarily of legal, regulatory, market eligibility, and related public market preparation expenses incurred in connection with the Company’s anticipated public market activities.
As of April 30, 2026, deferred offering costs totaled $20,000.
| 10 |
NOTE 11 – LONG-TERM INVESTMENTS
The Company continues to hold long-term investments totaling $87,500 related to immersive media development projects and strategic investments.
Management evaluates these investments for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.
No impairment was recorded during the current period.
NOTE 12 – LONG-TERM BUSINESS LOAN
The Company maintains a long-term business loan agreement with principal proceeds of $70,000.
Interest accrues on the outstanding principal balance in accordance with the terms of the agreement.
For the six months ended April 30, 2026, the Company recorded interest expense of $5,250, which was accrued and included in accrued interest payable.
As of April 30, 2026, accrued interest payable totaled $13,125.
NOTE 13 – INCOME TAXES
The Company accounts for income taxes in accordance with ASC 740.
The Company has generated net operating losses and has recorded a full valuation allowance against its deferred tax assets.
NOTE 14 – SUBSEQUENT EVENTS
Management has evaluated subsequent events through the date the financial statements were available to be issued and determined that there were no events requiring adjustment or disclosure.
| 11 |
FORWARD LOOKING STATEMENTS
Certain statements contained in this Quarterly Report on Form 10-Q that are not historical facts constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements include statements regarding the Company’s expectations, beliefs, plans, objectives, future financial performance, and assumptions underlying or relating to such statements. These statements are often identified by the use of words such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “intend,” “continue,” or similar expressions.
These forward-looking statements are based on management’s current expectations and assumptions and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such statements.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
| 12 |
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Overview
SUN Inc. (the “Company”) was incorporated in the State of Wyoming on September 5, 2024. The Company is focused on the development and production of immersive virtual reality experiences and related digital media content. In addition, the Company provides audiovisual production, advertising, promotional, and consulting services associated with creative production and brand development.
The Company is currently in the early stage of development and continues to build its operational infrastructure, develop intellectual property, and expand revenue-generating activities.
Results of Operations
Six Months Ended April 30, 2026 Compared to Six Months Ended April 30, 2025
Revenue
Revenue for the six months ended April 30, 2026 was $16,151, compared to $54,500 for the six months ended April 30, 2025.
Revenue during the current period was primarily attributable to audiovisual production services, creative media production activities, advertising services, and consulting activities.
The decrease in revenue compared to the prior-year period was primarily attributable to the recognition of $50,000 of revenue under a partnership and advertising agreement during the prior-year period. No comparable revenue recognition event occurred during the current period.
Cost of Revenue
Cost of revenue for the six months ended April 30, 2026 was $4,500, compared to $0 during the comparable prior-year period.
Cost of revenue during the current period primarily consisted of editing, post-production, and other direct production costs associated with audiovisual production services.
Gross Profit
Gross profit for the six months ended April 30, 2026 was $11,651, compared to $54,500 during the comparable prior-year period.
The decrease in gross profit was primarily attributable to lower overall revenue levels during the current period and the inclusion of direct production costs associated with revenue-generating projects.
| 13 |
Operating Expenses
Operating expenses for the six months ended April 30, 2026 were $23,845, compared to $18,468 for the six months ended April 30, 2025.
The increase in operating expenses was primarily attributable to higher general administrative expenses, professional service fees, public company compliance costs, and interest expense associated with financing activities and ongoing operational development.
Operating expenses consisted primarily of:
| • | General and administrative expenses of $14,692 for the six months ended April 30, 2026, compared to $8,343 during the prior-year period, reflecting higher operational and administrative costs. | |
| • | Advertising and marketing expenses of $1,090 during the current period, compared to $7,500 during the prior-year period. | |
| • | Professional services expenses of $2,813 during the current period, primarily related to legal, accounting, compliance, and consulting services. | |
| • | Other operating expenses were $5,250 for the six months ended April 30, 2026, compared to $2,625 for the comparable prior-year period. The increase was primarily attributable to costs associated with the Company’s financing and operating activities during the current period. |
Net Income (Loss)
The Company reported a net loss of $12,194 for the six months ended April 30, 2026, compared to net income of $36,032 during the comparable prior-year period.
The decrease in results of operations was primarily attributable to lower revenue levels, increased operating expenses, and higher financing-related costs during the current period.
Liquidity and Capital Resources
As of April 30, 2026, the Company had cash and cash equivalents of $63, compared to $8,856 as of October 31, 2025.
Net cash provided by operating activities for the six months ended April 30, 2026 was $11,207, compared to net cash used in operating activities of $18,895 during the comparable prior-year period.
The improvement in operating cash flow was primarily attributable to related-party advances and working capital adjustments during the current period.
During the six months ended April 30, 2026, the Company received $16,927 in additional advances from related parties, a portion of which was used to support operating activities, public company compliance costs, and deferred offering-related expenses associated with DTC eligibility and market preparation activities.
As of April 30, 2026, the Company had total liabilities of $144,930, including $70,000 related to a long-term business loan and $39,086 related to long-term related-party advances.
The Company continues to operate with limited working capital and relies on a combination of operating revenues, related-party advances, and external financing to support ongoing operations.
| 14 |
Plan of Operations and Funding
Over the next twelve months, the Company intends to continue developing immersive virtual reality experiences and expand its audiovisual production, creative media, promotional, and consulting activities.
The Company plans to continue focusing on the development of proprietary immersive media projects, virtual reality content, and related digital media assets, while also pursuing revenue-generating opportunities through audiovisual production services, promotional services, and creative consulting engagements.
The Company also maintains strategic investments related to immersive media development projects, which management believes may support future business opportunities.
The Company expects that working capital requirements will continue to increase as it develops operations, supports public company compliance obligations, and expands business activities.
Management expects that working capital requirements will continue to be funded through a combination of operating revenues, related-party advances, equity financings, and debt financing arrangements, if available.
There can be no assurance that additional financing will be available on acceptable terms, or at all. If adequate financing is not available, the Company may be required to reduce operational activities, delay development projects, or limit expansion initiatives.
Off-Balance Sheet Arrangements
As of the date of this Quarterly Report, the Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on its financial condition, results of operations, liquidity, capital expenditures, or capital resources.
Going Concern
The independent auditor’s report accompanying the Company’s financial statements for the fiscal year ended October 31, 2025 included an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern.
The Company continues to rely on financing from related parties and third-party lenders to support operations and working capital requirements.
The financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.
Management intends to address liquidity needs through a combination of operating revenues, related-party advances, and potential equity or debt financing arrangements. However, there can be no assurance that additional financing will be available on acceptable terms, or at all.
| 15 |
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
As a smaller reporting company, the Company is not required to provide the information required by this Item.
ITEM 4. CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
Disclosure controls and procedures are designed to ensure that information required to be disclosed by the Company in reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. Disclosure controls and procedures include controls and procedures designed to ensure that such information is accumulated and communicated to management, including the Company’s Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
The Company’s Chief Executive Officer and Chief Financial Officer, who is the same individual, evaluated the effectiveness of the Company’s disclosure controls and procedures as of April 30, 2026, pursuant to Rule 13a-15(b) under the Exchange Act.
Based on this evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures were not effective as of April 30, 2026 due to the material weaknesses in internal control over financial reporting described in the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2025.
| 16 |
PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
The Company is not currently involved in any material legal proceedings. From time to time, the Company may become involved in legal proceedings arising in the ordinary course of business. However, management does not believe that any such proceedings, if they were to occur, would have a material adverse effect on the Company’s financial condition, results of operations, or cash flows.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
No report required.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
No report required.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
ITEM 5. OTHER INFORMATION
During the quarter ended April 30, 2026, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
ITEM 6. EXHIBITS
Exhibits:
| 31.1 | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934. |
| 31.2 | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934. |
| 32.1 | Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 101.INS | Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Data File (formatted in inline XBRL, and included in exhibit 101). |
| 17 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
|
SUN | |
| Dated: June 3, 2026 | By: /s/ Michael Ssebugwawo Muyingo Michael Ssebugwawo Muyingo Chief Executive Officer (Principal Executive Officer) By: /s/ Michael Ssebugwawo Muyingo Michael Ssebugwawo Muyingo Chief Financial Officer (Principal Financial and Accounting Officer) |
| 18 |