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Defense Technologies International Corp. Liquidation Value Calculator

Defense Technologies International Corp.

Current Price: N/A

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Advanced: All 60 XBRL Tags

Every XBRL tag from SEC EDGAR filings, grouped by financial statement type. total = may include children, fact = independent leaf value.

Balance Sheet

TagValueUnit
cash
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents total
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
$192 USD
AI Insight · Cash of $192 at January 31, 2026, down from $1,493 at April 30, 2025 fiscal year-end. Nine-month net cash decrease of $1,301. This is the only asset recovering at 100% under the liquidation lens, and it is immaterial at this level. The company is wholly dependent on new debt issuance and related-party advances to fund any cash outflow, including administrative costs.
current_liabilities
Interest Payable Current total
InterestPayableCurrent
$261,541 USD
inventory
Inventory Net total
InventoryNet
$7,599 USD
AI Insight · Inventory of $7,599 consisting of parts, WIP, and finished goods for passive portal units. Unchanged from April 30, 2025 per footnote disclosure. Under liquidation lens at 60% recovery, this yields approximately $4,560. The static balance over three quarters suggests no production activity. Specialized security scanning components have limited secondary market; 60% recovery haircut may be optimistic given niche application and absence of active market for partially assembled units.
liabilities_current
Liabilities Current total
LiabilitiesCurrent
$2.67M USD
AI Insight · Total current liabilities of $2,668,948 constitute the entire liability stack — there are no long-term liabilities. All obligations fall due immediately on any wind-up. The balance grew from $2,477,014 at October 31, 2025, a $192,000 increase in one quarter. This concentration of all debt in current maturities, combined with sub-$200 cash, means the company is technically insolvent on a cash basis and any liquidation would result in creditors receiving cents on the dollar.
liabilities_total
Liabilities total $2.67M USD
shares_outstanding
Common Stock Shares Outstanding total
CommonStockSharesOutstanding
35.5M shares
Unmapped Tags (53)
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
$216,670USD
Additional Paid In Capital
AdditionalPaidInCapital
$16.36MUSD
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
$0USD
Assets
Assets
$7,791USD
AI Insight · Total assets of $7,791 represent effectively the entire recoverable asset base under liquidation. At 100% recovery on cash ($192) and 60% on inventory ($7,599), liquidated asset value is approximately $4,700. This is de minimis relative to the $2.67 million liability stack, establishing a near-total wipeout for equity on any wind-up scenario. The asset base is unchanged from the prior quarter (October 31, 2025 showed $7,662 in current assets), indicating no asset accumulation.
Assets Current
AssetsCurrent
$7,791USD
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
$0USD/shares
Common Stock Shares Authorized
CommonStockSharesAuthorized
$600.00Mshares
Common Stock Shares Issued
CommonStockSharesIssued
$35.53Mshares
Common Stock Value
CommonStockValue
$3,754USD
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
$215,392USD
AI Insight · Convertible notes payable net of discount of $215,392 at January 31, 2026, unchanged from October 31, 2025. Gross principal outstanding per footnotes is $216,585 (RAB $197,085 plus ACM $7,000 plus institutional $12,500). The RAB note bears a $25 per share conversion price — far above current market — making conversion economically unlikely. The ACM note converts at $0.05 per share, creating dilution risk. On liquidation, these settle at face value of gross principal plus accrued interest, not net of unamortized discount.
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
$68,645USD
AI Insight · Derivative liability (Level 3 fair value) grew from $31,866 at April 30, 2025 to $53,533 at October 31, 2025 to $68,645 at January 31, 2026 — a 115% increase in nine months. The Binomial Lattice valuation uses 804% implied volatility. On liquidation, derivative contracts tied to convertible note conversion features would require settlement or assignment; the face-value treatment per the liquidation lens would treat these at the carrying $68,645. The growth trend is directionally unfavorable.
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
$3,000USD
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
$-1,500USD
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
$7,791USD
Loans Payable
LoansPayable
$116,168USD
Minority Interest
MinorityInterest
$-396,437USD
AI Insight · NCI deficit of $396,437 at January 31, 2026, worsened from $360,877 at April 30, 2025. The minority interest holders (23.72% of PSSI) have no obligation to fund further losses beyond their initial investment. In a consolidated liquidation, the NCI deficit effectively means the subsidiary's share of the liability stack exceeds its recoverable assets, concentrating losses back to the parent's creditors. The NCI balance has no positive recovery value.
Notes Payable Current
NotesPayableCurrent
$565,288USD
AI Insight · Notes payable current of $565,288 at January 31, 2026, up from $541,288 at October 31, 2025 and $476,312 at April 30, 2025 (fiscal year-end). The increase reflects continued issuance of short-duration promissory notes with OID discounts ranging 14-20% effective cost. Multiple notes were already in default or past maturity at period-end. On liquidation these settle at face value; the OID discount does not reduce the creditor claim. The rolling issuance pattern without revenue to service these obligations accelerates insolvency.
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
$0USD/shares
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
$20.00Mshares
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
$3.74Mshares
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
$-18.63MUSD
AI Insight · Accumulated deficit of $18,628,736 at January 31, 2026 versus $18,439,015 at October 31, 2025, a $189,721 increase in one quarter (driven by $182,365 net loss to controlling interest plus $7,356 deemed dividend). APIC of $16,359,889 is insufficient to offset this by over $2.27 million before considering NCI deficit of $396,437. The structural equity hole continues to widen on a trajectory that shows no path to reversal absent revenue generation.
Stockholders Equity
StockholdersEquity
$-2.26MUSD
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
$-2.66MUSD
AI Insight · Consolidated equity deficit of $2,661,157 at January 31, 2026, worsened from $2,469,352 at October 31, 2025. This is the direct output of the liquidation model: after applying 100% of liability face values against de minimis haircut assets, equity recovery is negative $2.66 million. The NCI deficit component of $396,437 is separately disclosed and deepening, reflecting PSSI's standalone losses allocated 23.72% to minority holders who have no further obligation to fund deficits.
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
$-1,301USD
Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
$43,529USD
Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
$0USD
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
$123,108USD
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
$267,484USD
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
$0USD
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
$129,328USD
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
$-130,629USD
Proceeds From Notes Payable
ProceedsFromNotesPayable
$0USD
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
$9,460USD
Repayments Of Notes Payable
RepaymentsOfNotesPayable
$34,271USD
Earnings Per Share Diluted
EarningsPerShareDiluted
$0USD/shares
General And Administrative Expense
GeneralAndAdministrativeExpense
$217,914USD
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
$-600,030USD
Income Taxes Paid Net
IncomeTaxesPaidNet
$0USD
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
$0USD
Net Income Loss
NetIncomeLoss
$-564,471USD
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
$-35,559USD
Nonoperating Income Expense
NonoperatingIncomeExpense
$-126,866USD
Operating Expenses
OperatingExpenses
$473,164USD
Operating Income Loss
OperatingIncomeLoss
$-473,164USD
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
$-42,058USD
Commitments And Contingencies
CommitmentsAndContingencies
$0USD
Customer Deposits Current
CustomerDepositsCurrent
$40,375USD
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
$-36,779USD
Interest Paid Net
InterestPaidNet
$0USD
Professional Fees
ProfessionalFees
$255,250USD
Profit Loss
ProfitLoss
$-600,030USD
LoanProcessingFee
LoanProcessingFee
$10,900USD
PreferredStockConvertibleSharesIssuable
PreferredStockConvertibleSharesIssuable
$37.35Mshares

Showing balance sheet tags only. Liquidation analysis uses balance sheet data.

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