E-Smart Corp. filed its annual report on Form 10-K with the SEC on November 10, 2026, covering the fiscal year ended August 31, 2026, disclosing operational details, financial condition, and competitive positioning for its digital tattoo platform.

Key Highlights

  • Share count: 3,799,469 shares of common stock (par value $0.001) were outstanding as of November 10, 2026, according to the filing.
  • Market value of non-affiliate holdings: The aggregate market value of voting stock held by non-affiliates as of August 31, 2026 was reported as $0.
  • Company classification: E-Smart Corp. is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.
  • Core platform: The company operates a digital catalog of tattoo artists and publishes monthly tattoo-related news, according to the filing.
  • AI product: The company offers an AI Tattoo Idea Generator that allows users to submit concepts and produce tattoo sketches for exploration.
  • Revenue model: Paid API subscription plans, labeled Starter and Power Pack, provide one-month access with allowances of 1,000 and 2,500 API requests, respectively, with revenue recognized ratably over each plan's one-month term.
  • Incorporation: E-Smart Corp. was incorporated on June 6, 2023, under the laws of the State of Nevada.

E-Smart Corp. Business Operations and Financial Position in Fiscal 2026

According to the filing, E-Smart Corp. operates a digital platform focused on tattoo artist discovery, connecting prospective clients with artists through profiles that display each artist's work. The company also publishes monthly content covering tattoo styles, new materials, and industry developments. Its principal executive offices are located at Pau Claris 79, Barcelona 8010, Spain, and the company was incorporated on June 6, 2023 under Nevada law.

The company's monetization strategy, as described in the filing, centers on its AI Tattoo Idea Generator API, offered through subscription plans paid in advance. The Starter plan provides 1,000 API requests per month and the Power Pack provides 2,500 API requests per month, both for one month of access. Revenue from each plan is recognized ratably over its one-month term. The company also offers a free Tattoo Cost Calculator that estimates tattoo pricing based on size, color option, and artist experience level, though the filing notes that estimates are not final quotes.

The filing reports that the aggregate market value of voting stock held by non-affiliates as of August 31, 2026 was $0, and that 3,799,469 shares of common stock were outstanding as of November 10, 2026. No securities are registered under Section 12(b) of the Exchange Act; common stock with a par value of $0.001 is registered under Section 12(g). The filing identifies significant competitive risks, noting that "many existing and potential competitors have greater financial, technical, marketing, and personnel resources than we do, longer operating histories, greater brand recognition, and larger or more established client and artist bases." The company competes with online platforms, mobile applications, social media channels, and general-purpose AI image generation tools, according to the filing.

What Was Disclosed

E-Smart Corp. disclosed its annual business operations, revenue model, competitive environment, and financial position for the fiscal year ended August 31, 2026, including 3,799,469 shares outstanding and a reported $0 aggregate market value of non-affiliate voting stock.