Company research
Arax Holdings Corp
CIK 1566243Updated Oct 25, 2026
SecurityARAT · OTC · equity
ARAT price & chart
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Recent filings
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
SCHEDULE 13D - filed by Vega Victor Jose Canales regarding Arax Holdings Corp
Regulation FD Disclosure
Items 7.01, 9.01
10-K filing
Other Events
Items 8.01
Show 5 more recent filings
SCHEDULE 13D - filed by Vega Victor Jose Canales regarding Arax Holdings Corp
Other Events
Items 8.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report · Other Events
Items 4.02, 8.01, 9.01
Financials
FY 2024 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 902,220Source | 7,147,934Source | — | — |
| Property, Plant and Equipment, NetUSD | 906Source | — | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 268,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 1,448,769Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 301,750Source | — | — | — |
| Assets, CurrentUSD | 420,907Source | 1,675,720Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,423,633Source | 258,134Source | 174,625Source | 26,012Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 10,000Source | 10,000Source | 10,000Source | 10,000Source |
| Common Stock, Value, IssuedUSD | 12,964Source | 126,160Source | 10,335Source | 10,335Source |
| Additional Paid in CapitalUSD | 10,452,313Source | 26,176,224Source | 684,046Source | 684,046Source |
| Retained Earnings (Accumulated Deficit)USD | -11,029,833Source | -19,422,584Source | -879,006Source | -730,393Source |
| Stockholders' Equity Attributable to ParentUSD | -521,414Source | 6,889,800Source | -174,625Source | -26,012Source |
| Liabilities and EquityUSD | 902,220Source | 7,147,934Source | — | — |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,423,633Source | 258,134Source | 174,625Source | 26,012Source |
| Accounts Payable, CurrentUSD | 103,298Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 397,580Source | 100,378Source | 116,869Source | 14,150Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,564,336Source | -18,543,578Source | -131,787Source | 0Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 724,862Source | 83,834Source | 83,834Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,456,612Source | -18,856,313Source | -21,941Source | 0Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -5,302,921Source | — | 0Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,127,000Source | 25,608,003Source | 21,941Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,329,612Source | 1,448,769Source | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 724,862Source | — | — | — |
| Amortization of Debt Issuance CostsUSD | 377Source | — | — | — |
| Capitalized Computer Software, AmortizationUSD | 65,356Source | — | — | — |
| DepreciationUSD | 604Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -103,400Source | — | — | — |
| General and Administrative ExpenseUSD | 3,839,240Source | 811,639Source | 26,012Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -3,564,336Source | -18,543,578Source | -131,787Source | 0Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -18,543,578Source | -131,787Source | — |
| Nonoperating Income (Expense)USD | -272,773Source | — | — | — |
| Operating ExpensesUSD | 3,905,200Source | 901,639Source | 131,787Source | 0Source |
| Other Nonoperating Income (Expense)USD | — | -830Source | — | 0Source |
| Payments to Acquire InvestmentsUSD | — | 269,589Source | — | — |
| Proceeds from Contributed CapitalUSD | — | 24,052,178Source | — | — |
| Proceeds from Issuance of Common StockUSD | 110,000Source | 115,825Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 613,636Source | — | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 311,886Source | 909,176Source | — | — |
| Selling, General and Administrative ExpenseUSD | — | 90,000Source | — | — |
| Operating Income (Loss)USD | -3,291,564Source | 7,536Source | -148,613Source | -131,787Source |
| Other Nonoperating Income (Expense)USD | — | -830Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,564,336Source | -18,543,578Source | -148,613Source | -131,787Source |
| Net Income (Loss) Attributable to ParentUSD | -3,564,336Source | -18,543,578Source | -148,613Source | -131,787Source |
| Earnings Per Share, BasicUSD per share | -0.03Source | -0.15Source | -0.01Source | — |
| Earnings Per Share, DilutedUSD per share | -0.03Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 127,808,063Source | 82,811,424Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 127,808,063Source | — | 10,335,294Source | — |
| Additional Financial Items | ||||
| Capitalized Computer Software, AmortizationUSD | 65,356Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 65,960Source | — | — | — |
| General and Administrative ExpenseUSD | 3,839,240Source | 811,639Source | 73,613Source | 26,012Source |
| Gross ProfitUSD | 613,636Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -18,543,578Source | — | -131,787Source |
| Nonoperating Income (Expense)USD | -272,773Source | — | — | — |
| Operating ExpensesUSD | 3,905,200Source | 901,639Source | 148,613Source | 131,787Source |
| Other General and Administrative ExpenseUSD | 3,114,378Source | — | — | — |
| Research and Development ExpenseUSD | 777,857Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 613,636Source | — | — | — |
Filing attachments
g085764_ex99-1.htm · 8-K · 2026-06-11
EX-99.1 2 g085764_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 ARAX Holdings Corp. Announces Filing of 2024 Form 10-K, Marks Major Recovery Milestone and Provides Strategic Business Update June 11, 2026 New York - ARAX Holdings Corp. (“ARAX” or the “Company”) today announced the successful filing of its Annual Report on Form 10-K for the fiscal year ended October 31, 2024, representing a major milestone in the Company’s recovery following one of the largest audit disruptions affecting U.S. public…
Read attachment ↗g084977_ex99-1.htm · 8-K · 2025-10-16
EX-99.1 2 g084977_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 ARAX Holdings Showcases Next-Generation Core Token Smart Contract Platform FOR IMMEDIATE RELEASE ARAX Holdings Corp. (“ARAX” or the “Company”), a pioneer in decentralized infrastructure and blockchain-based enterprise solutions, is proud to announce the official preview of its Core Token Smart Contract Platform, a no-code, compliance-native, with the support of CIP standards tokenization system purpose-built for real-world assets (RWA…
Read attachment ↗g084706_ex99-1.htm · 8-K · 2025-02-12
EX-99.1 2 g084706_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Arax Holdings Corp. The Next Evolution of Ping Exchange ARAX Holdings Corp. Announces the Next Evolution of Ping Exchange: The Most Compliant Digital Asset Trading Platform in the World Unrivaled Compliance, Seamless Transactions, and the Future of Digital Identity Management New York, February 12, 2025, ARAX Holdings Corp. proudly announces a groundbreaking technological milestone in its Ping Exchange Software Platform, positioning…
Read attachment ↗