Arculus System Co., Ltd. SEC 10-Q Report

Arculus System Co., Ltd., a development-stage company specializing in Electronic Design Automation (EDA) tools and integrated circuit (IC) design services, has released its Form 10-Q report for the quarter ended December 31, 2024. The report provides insights into the company's financial performance and operational status, reflecting its ongoing efforts to establish a foothold in the EDA industry.

Financial Highlights

• Revenues: $0, The company did not incur any revenues for the three months ended December 31, 2024, or December 31, 2023.
• Operating Expenses: $30,417, Operating expenses increased by $21,641, or 246.60%, compared to the same period in 2023, primarily due to general and administrative expenses and professional fees.
• Net Income (Loss): $(30,417), The net loss for the three months ended December 31, 2024, increased by $21,641 compared to the same period in 2023, reflecting higher operating expenses.
• Net Income (Loss) Per Share: Not provided, The report does not specify net income per share for the periods presented.

Business Highlights

• Company Overview: Arculus System Co., Ltd. is a development-stage company specializing in Electronic Design Automation (EDA) tools and integrated circuit (IC) design services. The company aims to assist IC chip design enterprises in overcoming challenges during innovation and development processes.
• Product Offerings: The company's flagship product is the Architecture Compiler, which simplifies SoC architecture design by optimizing software and hardware co-design. Another key product is iPROfiler, an advanced SoC performance analysis tool driven by artificial intelligence, designed to enhance collaboration among SoC design teams.
• Business Strategy: Arculus System Co., Ltd. focuses on building strong partnerships with customers by understanding their goals and challenges. The company aims to become a trusted key partner in the EDA industry by leveraging its extensive experience and powerful EDA tools.
• Operational Status: As of the date of the filing, the company has not commenced principal revenue-generating operations and has generated limited revenues since inception. Operations have been limited to organizational activities, administrative functions, and preparation for future service offerings.
• Future Outlook: The company expects to require additional capital to meet long-term operating requirements and plans to raise this through the sale of equity or debt securities. Management anticipates increases in operating expenses and capital expenditures related to developmental and marketing expenses.

SEC Filing: Arculus System Co., Ltd. [ AZRS ] - 10-Q - Jul. 14, 2025