10-Q

Artisan Consumer Goods, Inc. (ARRT)

10-Q 2026-05-15 For: 2026-03-31
View Original
Added on May 17, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(MARK ONE)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026

OR

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.

000-54838

ARTISAN CONSUMER GOODS, INC.
(Exact name of registrant as specified in its charter)
Nevada 26-1240056
--- ---
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

999 N Northlake Way Ste 203

Seattle, Washington 98103-3442

(Address of principal executive offices, zip code)

(206) 517-7147

(Registrant’s telephone number, including area code)

____________________________________________________________

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common ARRT OTC Markets

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorte'r 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, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (check one):

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 Exchange Act Rule 12b-2 of the Exchange Act): Yes ☐     No ☒

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes ☐     No ☐

APPLICABLE ONLY TO CORPORATE ISSUERS

As of May 15, 2026, there were 4,400,048 shares of common stock, $0.001 per share, outstanding.

ARTISAN CONSUMER GOODS, INC.

QUARTERLY REPORT ON FORM 10-Q

FOR THE PERIOD ENDED MARCH 31, 2026

INDEX

Index Page
Part I. Financial Information
Item 1. Financial Statements
Balance Sheet as of March 31, 2026 (unaudited) and June 30, 2025 (audited). 3
Statement of Operations for the three and nine months ended March 31, 2026 and 2025 (unaudited). 4
Statement of Changes in Stockholders’ Deficiency for the three and nine months ended March 31, 2026 and 2025 (unaudited). 5
Statement of Cash Flows for the three and nine months ended March 31, 2026 and 2025 (unaudited). 6
Notes to Financial Statements (unaudited). 7
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. 10
Item 3. Quantitative and Qualitative Disclosures About Market Risk. 11
Item 4. Controls and Procedures. 11
Part II. Other Information
Item 1. Legal Proceedings. 12
Item 1A. Risk Factors 12
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 12
Item 3. Defaults Upon Senior Securities. 12
Item 4. Mine Safety Disclosures. 12
Item 5. Other Information. 12
Item 6. Exhibits. 13
Signatures 14
2
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ARTISAN CONSUMER GOODS, INC.

Balance Sheet

June 30, 2025
(Audited)
Assets
Current assets:
Cash 638 $ 1,370
Prepaid Expenses 1,875 7,500
Total current assets 2,513 8,870
Other assets
Trademarks 1,000 1,000
Total other assets 1,000 1,000
Total Assets 3,513 $ 9,870
Liabilities and Stockholders' Deficiency
Current liabilities:
Accounts payable 43,454 $ 33,850
Accrued expenses 46,614 47,099
Related party loans 268,687 255,666
Total current liabilities 358,755 336,615
Commitments and contingencies - -
Stockholders' deficiency:
Preferred stock, 0.001 par value; 25,000,000 shares authorized, -0- preferred stock shares issued and outstanding as of March 31, 2026 and June 30, 2025 - -
Common stock, 0.001 par value, 500,000,000 shares authorized 4,400,048 issued and outstanding as of as of March 31, 2026 and June 30, 2025 4,400 4,400
Additional paid-in capital 18,984,200 18,984,200
Stock to be issued 13,843 12,548
Accumulated deficit (19,357,685 ) (19,327,893 )
Total stockholders' deficiency (355,242 ) (326,745 )
Total Liabilities and Stockholders' Deficiency 3,513 $ 9,870

All values are in US Dollars.

The accompanying notes are an integral part of these financial statements.

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ARTISAN CONSUMER GOODS, INC.

Statement of Operations (Unaudited)

For the Three Months Ended For the Nine Months Ended
March 31, 2026 March 31, 2025 March 31, 2026 March 31, 2025
Operating expenses:
Professional fees $ 3,578 $ 30,061 $ 22,626 $ 42,444
General and administrative expenses 2,055 (112 ) 7,651 1,472
Amortization expense - - - 125
Total operating expenses 5,633 29,949 30,277 44,041
Net operating income (loss) (5,633 ) (29,949 ) (30,277 ) (44,041 )
Other income (expense):
Other income (expense) 813 (3,097 ) 485 (25 )
Total Other income (expense) 813 (3,097 ) 485 (25 )
Loss before provision for taxes (4,820 ) (33,046 ) (29,792 ) (44,066 )
Provision for income taxes - - - -
Net income (loss) $ (4,820 ) $ (33,046 ) $ (29,792 ) $ (44,066 )
Basic and diluted income (loss) per share $ (0.00 ) $ (0.01 ) $ (0.01 ) $ (0.01 )
Weighted average number of common shares outstanding - basic and diluted 4,400,048 4,400,048 4,400,048 4,400,048

The accompanying notes are an integral part of these financial statements.

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ARTISAN CONSUMER GOODS, INC.

Statement of Changes in Stockholders' Deficiency (Unaudited)

Common Stock Preferred Stock Additional<br><br>Paid-In Common Stock Accumulated Total<br><br>Stockholders'
Shares Amount Shares Amount Capital To Be Issued Deficit Deficiency
For the Three Months Ended March 31, 2025
Balance at December 31, 2024 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 11,288 $ (19,288,181 ) $ (288,293 )
Stock based compensation - - - - - 735 - 735
Net loss - - - - - - (33,046 ) (33,046 )
Balance at March 31, 2025 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 12,023 $ (19,321,227 ) $ (320,604 )
For the Nine Months Ended March 31, 2025
Balance at June 30, 2024 (Audited) 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 10,763 $ (19,277,161 ) $ (277,798 )
Stock based compensation - - - - - 1,260 - 1,260
Net loss - - - - - - (44,066 ) (44,066 )
Balance at March 31, 2025 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 12,023 $ (19,321,227 ) $ (320,604 )
For the Three Months Ended March 31, 2026
Balance at December 31, 2025 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 13,563 $ (19,352,865 ) $ (350,702 )
Stock based compensation - - - - - 280 - 280
Net loss - - - - - - (4,820 ) (4,820 )
Balance at March 31, 2026 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 13,843 $ (19,357,685 ) $ (355,242 )
For the Nine Months Ended March 31, 2026
Balance at June 30, 2025 (Audited) 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 12,548 $ (19,327,893 ) $ (326,745 )
Stock based compensation - - - - - 1,295 - 1,295
Net loss - - - - - - (29,792 ) (29,792 )
Balance at March 31, 2026 4,400,048 $ 4,400 - $ - $ 18,984,200 $ 13,843 $ (19,357,685 ) $ (355,242 )

The accompanying notes are an integral part of these financial statements.

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ARTISAN CONSUMER GOODS, INC.

Statement of Cash Flows (Unaudited)

For the Nine Months Ended
March 31, 2026 March 31, 2025
Cash flows from operating activities:
Net income (loss) $ (29,792 ) $ (44,066 )
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization expense - 125
Stock based compensation 1,295 1,260
Fair value adjustment for shares issued from settlement agreement (Note 4) (485 ) 25
Changes in operating assets and liabilities:
Prepaid expenses 5,625 -
Accounts payable 9,604 15,697
Net cash used in operating activities (13,753 ) (26,959 )
Cash flows from financing activities
Proceeds from related party loans 13,021 30,000
Net cash provided by financing activities 13,021 30,000
Net increase (decrease) in cash (732 ) 3,041
Cash - beginning of the year 1,370 1,795
Cash - end of the quarter $ 638 $ 4,836
Supplemental disclosures:
Interest paid $ - $ -
Income taxes $ - $ -

The accompanying notes are an integral part of these financial statements.

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Artisan Consumer Goods, Inc.

Notes to Financial Statements

As of March 31, 2026 (unaudited)

NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS

Artisan Consumer Goods, Inc. (the “Company”) was incorporated in the State of Nevada on September 14, 2009, and its year-end is June 30. The Company’s principle executive office address is 999 N Northlake Way Ste 203, Seattle, Washington 98103-3442.

The Company had previously acquired mineral properties located in the Thunder Bay mining district, Province of Ontario, Canada but never determined whether these properties contain reserves that are economically recoverable. As of June 30, 2015, the Company ceased our exploration operations in the Thunder Bay mining district due to a lack of funds. As of September 30, 2018, the Company ceased pursuing all mining exploration.

The Company acquired the Within / Without Granola (“WWG”) brand on July 15, 2021 from Paleo Scavenger, LLC for $10,000. During June 2022, the Company restarted the manufacturing process for the Within / Without Granola products. The Company generated the first sales since inception during August 2022. The Company is currently selling the original and maple flavored granola products on Shopify. During February 2023, the inventory from the first run the Within / Without Granola products expired and the remaining inventory was written off. The Company is searching for a new manufacturer to produce smaller batches of the Within / Without Granola products. As of March 31, 2026, a new manufacturer has not been engaged.

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company’s unaudited financial statements have been prepared on an accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (US GAAP) for interim financial information applicable for a going concern, which assumes that the Company will realize its assets and discharge its liabilities in the ordinary course of the business, and in accordance with the instructions for Form 10-Q and Article 10 of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended. Certain information and disclosures included in the financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to such rules and regulations.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

The results for the nine months ending March 31, 2026 are not necessarily indicative of the results of operations for the full year. These unaudited financial statements and related footnotes should be read in conjunction with the financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2025 filed with the Securities and Exchange Commission on October 2, 2025.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The Company provides estimates for its common stock valuations and valuation allowances for deferred taxes.

Segment Reporting

The Company operates within a single reportable operating segment being the manufacture of electric vehicles. The Company has identified its chief executive officer as its chief operating decision maker (“CODM”), who regularly reviews the Company’s performance and allocates resources based on information reported at the consolidated entity level.

Cash Flow Reporting

The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230, Statement of Cash Flows, to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments.

Cash and Cash Equivalents

The Company considers all highly liquid debt instruments and other short-term investments with a maturity of three months or less, when purchased, to be cash equivalents. There were no cash equivalents as of March 31, 2026.

The Company maintains its cash balance at one financial institution that is insured by the Federal Deposit Insurance Corporation.

Basic Earnings (loss) per Share

The Company computes net income (loss) per share in accordance with ASC 260, Earnings per Share. ASC 260 specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.

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Basic net loss per common share is computed using the weighted average number of common shares outstanding. Diluted earnings per share (EPS) include additional dilution from common stock equivalents, such as stock issuable under the Billy Drury agreement as discussed in Note 4 Related Party Transactions below are not included in the computation of diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for the periods presented. At March 31, 2026 and 2025, the total shares issuable under the Billy Drury agreement would be approximately 197,000 shares and 183,000 shares. respectively of the Company’s common stock.

Share Based Compensation

The Company accounts for share-based compensation in accordance with the fair value recognition provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) No. 718. . The Company issues restricted stock to employees and consultants for their services. Cost for these transactions are measured at the fair value of the equity instruments issued at the date of grant. These shares are considered fully vested, and the fair market value is recognized as an expense in the period granted. The Company recognized consulting expenses and a corresponding increase to additional paid-in-capital related to stock issued for services. For agreements requiring future services, the consulting expense is to be recognized ratably over the requisite service period. Stock based compensation amounted to $280 and $735 for the three months ending March 31, 2026 and 2025, respectively, and $1,295 and $1,260 for the nine months ending March 31, 2026 and 2025, respectively.

Fair Value Measurements

In September 2006, the FASB issued ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The provisions of ASC 820 were effective January 1, 2008.

As defined in ASC 820, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observations of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

The three levels of the fair value hierarchy defined by ASC 820 are as follows:

Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.

Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date. Level 2 includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.

Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.

Other than the Drury settlement shares adjusted to fair value at the end of each quarter (see Note 4 Related Party Transactions for further discussion), the Company did not identify any assets or liabilities that are required to be adjusted on the balance sheet to fair value in accordance with ASC 825-10 as of March 31, 2026 and June 30, 2025.

Income Taxes

The Company’s policy is to provide for deferred income taxes based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates that will be in effect when the differences are expected to reverse. The U.S. federal corporate income tax rate is 21% and no state income tax is applicable in states the Company operates. We did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because we have experienced operating losses since inception. When it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carryforwards, because management has determined that it is more likely than not that we will not earn sufficient income to realize the deferred tax assets during the carryforward period.

The Company is not aware of any uncertain tax position that, if challenged, would have a material effect on the financial statements for the three months March 31, 2026 or during the prior three years applicable under FASB ASC 740. We did not recognize any adjustment to the liability for uncertain tax position and therefore did not record any adjustment to the beginning balance of accumulated deficit on the consolidated balance sheet. The Company intends to file income tax returns in the U.S. federal tax jurisdiction and various state tax jurisdictions. The tax years for 2019 to 2025 remain open for examination by federal and/or state tax jurisdictions. The Company is currently not under examination by any other tax jurisdictions for any tax year.

Going Concern

These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred a loss since inception resulting in an accumulated deficit of $19,357,685 at March 31, 2026 and further losses are anticipated in the development of its business. In addition, the Company has negative working capital and cash flows from operating activities. These factors indicate raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or private placement of common stock. There is no guarantee that the Company will be able to raise any capital through any type of offering.

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Recently Issued Accounting Standards

During the nine months ended March 31, 2026, there were several new accounting pronouncements issued by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company’s financial statements.

In December 2023, the FASB issued ASU No. 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” which requires two primary enhancements of 1) disaggregated information on a reporting entity’s effective tax rate reconciliation, and 2) information on cash income taxes paid. Additionally, specific disclosures related to unrecognized tax benefits and indefinite reinvestment assertions were removed. For public business entities, the new requirements will be effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU. This ASU will be adopted in our annual financial statements for the year ending June 30, 2026.

In November 2024, the FASB issued ASU No. 2024-03 “Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40)” which requires disclosure each reporting period, in the notes to the financial statements, of specified information about certain costs and expenses. For public business entities, the new requirements will be effective for annual periods beginning after December 15, 2026. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU.

NOTE 3 INTANGIBLE ASSETS

On July 15, 2021, the Company acquired the assets of Paleo Scavenger, LLC (Paleo) for $10,000. Paleo owns the Within / Without Granola (“WWG”) brand. The purchase price includes the WWG trademarks, brands, books, records, intellectual property, commercial sales channel, customer lists and manufacturing rights.

The fair value of the Intangible assets of $9,000 for the commercial sales channel, customer list and other intangible assets was calculated using the net present value of the projected gross profit to be generated over the next 36 months beginning on July 15, 2021 with quarterly amortization of $750. The WWG Trademark for $1,000 was deemed to have an indefinite life and will be evaluated for impairment on an annual basis. The intangible assets for $9,000 were fully amortized at September 30, 2024.

NOTE 4 RELATED PARTY TRANSACTIONS

On February 1, 2015, the Company entered into a 24-month consulting agreement extension with William Drury, an Officer of the Company and WICAWIBE LLC. Prior to subsequent termination, the agreement was to expire on January 31, 2017 and the monthly fee was $15,000. On September 28, 2016, Mr. Drury resigned as President and Treasurer of the Company. On September 29, 2016, a settlement agreement between Mr. Drury and the Company was signed which provides a payment of $50,000 in cash and $50,000 in the Company’s common stock to release the Company from all possible claims of accrued salary, independent contractor fees, expense and cost owed to Mr. Drury and terminate the consulting agreement which was scheduled to expire on January 31, 2017. On October 2, 2016, Mr. Drury resigned as director and the Company accepted his resignation and ratified the settlement agreement dated September 29, 2016. The shares of the Company’s common stock are issuable to Mr. Drury in increments of 3,571 shares. During 2023, Mr. Drury passed away. The estate of Mr. Drury will continue to be issued 3,571 until the estate is able to garner $50,000 by selling the shares in the over-the-counter market or an exchange (as defined under the securities act of 1933, as amended). On October 24, 2016, the Company issued 14,286 shares of the Company’s common stock to Mr. Drury to partially settle the $50,000 common stock obligation. Those shares had a fair value of $3,200 at the date of issuance. This liability represents an unconditional obligation to issue a variable number of shares for a fixed monetary amount. The fair value of the shares issued to the estate of Mr. Drury but not yet sold are netted against the liability in the balance sheet. Subsequent adjustments to the fair value of the shares issued but not sold are recognized as an adjustment to the net liability and other income/expense until such time as the shares are sold. The estate of Mr. Drury has not sold these shares as of March 31, 2026. The Company recognized other income (expense) due to the marking of these shares to fair value subsequent to issuance and recognized $813 and ($3,097) for the three months ended March 31, 2026 and 2025, respectively, and $485 and ($25) for the nine months ended March 31, 2026 and 2025, respectively.

Since September 2016, the Company’s President, Amber Finney, advanced the Company $268,687 as a related party loan. The proceeds for these loans were used for working capital. As of March 31, 2026 and June 30, 2025, there are related party loans totaling $268,687 and $255,666, respectively. These loans are unsecured, due on demand and carry no interest or collateral.

The officers of the Company could become involved in other business activities as they become available. This could create a conflict between the Company and the other business interests. The Company has not formulated a policy for the resolution of such a conflict should one arise.

NOTE 5 EQUITY TRANSACTIONS

As of March 31, 2026 and June 30, 2025, there are 500,000,000 shares of common stock at par value of $0.001 per share authorized and 4,400,048 issued and outstanding and 25,000,000 shares of (“blank check”) preferred stock, par value $0.001 per share authorized and -0- shares issued and outstanding.

The potentially diluted shares of common stock issuable under the Billy Drury agreement as discussed in Note 4 Related Party Transactions above were 262,899 shares valued at $46,614 or $0.237 per share at March 31, 2026, and 231,901 shares valued at $47,099 or $0.203 per share at June 30, 2025.

Common Stock

During 2017, the Company signed an agreement with a consultant for accounting services to the Company. The consultant is compensated with cash and paid $25 per hour in restricted shares of the Company’s common stock based on the closing price of the Company’s common stock on the date of the consultant’s invoice. As of March 31, 2026, the consultant has earned 70,515 unregistered shares of the Company’s common stock under the agreement. The stock is valued at $13,843 or $0.1963 per share. The shares were not issued to the consultant at March 31, 2026.

NOTE 6 SEGMENT INFORMATION

The Company has determined that we have one operating and reportable segment. We define the segment primarily based on how internally reported financial and operating information is regularly reviewed by our chief operating decision maker (“CODM”) to evaluate financial performance, make decisions and allocate resources. Our CODM is the Chief Executive Officer. The CODM assesses the Company’s operating and financial performance based on operating expenses, net income revenue and return on investment. The Company determined that it does not have significant segment expenses.

NOTE 7 SUBSEQUENT EVENTS

The Company evaluated all events or transactions that occurred after March 31, 2026 up through May, 15, 2026. During this period, the Company did not have any material recognizable subsequent events.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The following information should be read in conjunction with (i) the financial statements of Artisan Consumer Goods, Inc., a Nevada corporation (the “Company”), and the notes thereto appearing elsewhere in this Form 10-Q together with (ii) the more detailed business information and the June 30, 2025 audited financial statements and related notes included in the Company’s Form 10-K (File No. 000-54838; the “Form 10-K”), as filed with the Securities and Exchange Commission on October 2, 2025. Statements in this section and elsewhere in this Form 10-Q that are not statements of historical or current fact constitute “forward-looking” statements.

OVERVIEW

The Company was incorporated in the State of Nevada on September 14, 2009 and has established a fiscal year end of June 30.

Going Concern

To date the Company has little operations or revenues and consequently has incurred recurring losses from operations. The Company has incurred a loss since inception resulting in an accumulated deficit of $19,357,685 at March 31, 2026 and further losses are anticipated in the development of its business. In addition, the Company has negative working capital and cash flows from operating activities. These factors indicate raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or private placement of common stock.

The Company plans to raise additional funds through debt or equity offerings. There is no guarantee that the Company will be able to raise any capital through this or any other offerings.

CRITICAL ACCOUNTING POLICIES

Please refer to Note 2 - Summary of Significant Accounting Policies in the accompanying Notes to the Financial Statements.

PLAN OF OPERATION

Our plan of operation for the following twelve months is as follows:

On July 15, 2021, we acquired the assets of Paleo Scavenger, LLC for $10,000. Paleo owns the Within / Without Granola (“WWG”) brand. The purchase price includes the WWG trademarks, brands, books, records, intellectual property, commercial sales channel, customer lists and manufacturing rights. Early in 2021, WWG ceased operations, and we restarted the manufacturing process in June 2022.

We generated our first sales since inception during August 2022. We were selling our original and maple flavored granola products on Shopify. During February 2023, the inventory from the first run of the Within / Without Granola products expired and the remaining inventory was written off. The Company is searching for a new manufacturer to produce smaller batches of the Within / Without Granola products. As of May, 15, 2026, a new manufacturer has not been engaged.

We must raise at least $100,000 to commence our plan of operation, described above, and fund our ongoing operational expenses. We have no assurance that future financing will materialize. If that financing is not available, we may be unable to continue our operations. Management believes that if we are successful in raising $100,000, we will be able to generate sales revenue within the following twelve months thereof. However, if such financing is not available, we could fail to satisfy our future cash requirements. We have no assurance that future financing will materialize. Management believes that if subsequent private placements are successful, we will be able to generate sales revenue within the following twelve months thereof. However, additional equity financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements.

If we are unsuccessful in raising at least $100,000 through a private placement, we will then have to seek additional funds through debt financing, which would be highly difficult for a new, development stage business to obtain. Therefore, the Company is highly dependent upon the success of an anticipated private placement offering and failure thereof would result in the Company having to seek capital from other sources such as debt financing, which may not even be available to the Company. However, if such financing were available, because we are a development stage company with little in the way of operations to date, we would likely have to pay additional costs associated with high-risk loans and be subject to an above market interest rate. If and when these funds are obtained, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If we cannot raise additional proceeds via a private placement of our common stock or secure debt financing, we would be required to cease business operations and as a result, investors in our common stock would lose all of their investment.

Results of Operations for the Three Months Ended March 31, 2026 and 2025

Overview. Artisan Consumer Goods, Inc. is a Nevada corporation, originally formed on September 19, 2009. We are attempting to restart the Within / Without Granola (“WWG”) brand acquired on July 15, 2021. We generated sales of $-0- for the three months ended March 31, 2026 and 2025, respectively. The Company has generated net losses of $4,820 and $33,046 for the three months ending March 31, 2026 and 2025, respectively. The decrease in net loss of $28,226 is attributable to the factors discussed below.

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Expenses. For the three months ending March 31, 2026 and 2025, respectively, we incurred total operating expenses of $5,633 and $29,949. The decrease of $24,316 was primarily attributable to an approximate $26,000 decrease in professional fees for our change in audit firms during the three months ended March 31, 2025, offset by a $2,000 increase in general and administrative expenses.

Other Income (Expense). Our total other income (expense) was $813 and ($3,097) for the three months ended March 31, 2026 and 2025, respectively. The increase in other income of $3,910 was attributable to a $3,910 increase in other income related to the change in market value of shares issued to the estate of Mr. Drury but not yet sold (See Note 4 – Related Party Transaction in the accompanying notes to the financial statements).

Results of Operations for the Nine Months Ended March 31, 2026 and 2025

Overview. Artisan Consumer Goods, Inc. is a Nevada corporation, originally formed on September 19, 2009. We are attempting to restart the Within / Without Granola (“WWG”) brand acquired on July 15, 2021. We generated sales of $-0- for the nine months ended March 31, 2026 and 2025, respectively. The Company has generated net losses of $29,792 and $44,066 for the nine months ending March 31, 2026 and 2025, respectively. The decrease in net loss of $14,274 is attributable to the factors discussed below.

Expenses. For the nine months ending March 31, 2026 and 2025, respectively, we incurred total operating expenses of $30,277 and $44,041. The decrease of $13,764 was primarily attributable to an approximate $20,000 decrease in professional fees for our change in audit firms during the nine months ending March 31, 2025, offset by an approximate $6,000 increase in other general and administrative expenses.

Other Income (Expense). Our total other income (expense) was $485 and ($25) for the nine months ended March 31, 2026 and 2025, respectively. The increase in other income of $510 was attributable to a $510 increase in other income related to the change in market value of shares issued to the estate of Mr. Drury but not yet sold (See Note 4 – Related Party Transaction in the accompanying notes to the financial statements).

Liquidity and Capital Resources

Our cash balance was $638 and a working capital deficit of $356,242 at March 31, 2026 compared to a cash balance of $1,370 and working capital deficit of $327,745 at June 30, 2025. Total expenditures over the next 12 months are expected to be approximately $50,000. If we experience a shortage of funds prior to generating revenues from operations we may utilize funds from our directors, who have informally agreed to advance funds to allow us to pay for operating costs, however they have no formal commitment, arrangement or legal obligation to advance or loan funds to us. Management believes our current cash balance will not be sufficient to fund our operations for the next twelve months.

As at March 31, 2026, our total assets were $3,513 and were comprised of cash for $638, prepaid expenses of 1,875 and trademarks for $1,000. The trademarks resulted from our July 15, 2021 acquisition of the Within / Without Granola brand.

As at March 31, 2026, our current liabilities of $358,755 were comprised of accounts payable of $43,454, accrued liabilities for $46,614 and related party loans of $268,687.

As at March 31, 2026, our stockholders’ deficiency was $355,242. We have an accumulated deficit of $19,357,685 at March 31, 2026.

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. Net cash used in operations was $13,753 and $26,959 for the nine months ending March 31, 2026 and 2025, respectively.

Cash Flows from Financing Activities

For the nine months ending March 31, 2026 and 2025, net cash flows provided by financing activities were $13,021 and $30,000, respectively from cash advances from our CEO.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

As a small reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 3.

ITEM 4. CONTROLS AND PROCEDURES.

DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, our principal executive officer and our principal financial officer is responsible for conducting an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end of the fiscal year covered by this report. Disclosure controls and procedures means that the material information required to be included in our Securities and Exchange Commission reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when this report was being prepared. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were not effective as of March 31, 2026.

There were no changes in the Company’s internal controls over financial reporting during the most recently completed fiscal quarter that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.

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PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

The Company is not currently subject to any legal proceedings. From time to time, the Company may become subject to litigation or proceedings in connection with its business, as either a plaintiff or defendant. There are no such pending legal proceedings to which the Company is a party that, in the opinion of management, is likely to have a material adverse effect on the Company’s business, financial condition or results of operations.

ITEM 1A. RISK FACTORS

As a small reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 1A.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. MINE SAFETY DISCLOSURES.

None.

ITEM 5. OTHER INFORMATION.

None.

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ITEM 6. EXHIBITS

(a) Exhibits required by Item 601 of Regulation S-K.

Number Description
3.1.1 Articles of Incorporation (1)
3.1.2 Certificate of Amendment (2)
3.1.3 Certificate of Amendment (3)
3.1.4 Certificate of Amendment (4)
3.1.5 Certificate of Change (5)
3.1.6 Certificate of Amendment (6)
3.2.1 Bylaws (1)
31.1 Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101* Interactive Data File
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 Labels Linkbase Document
101.PRE INLINE XBRL Taxonomy Extension Presentation Linkbase Document
104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

_________________

(1) Incorporated by reference to the Registrant’s Form S-1 (File No. 333-176939), filed with the Commission on September 21, 2011.
(2) Incorporated by reference to the Registrant’s Form 10-K (File No. 000-54838), filed with the Commission on October 15, 2013.
(3) Incorporated by reference to the Registrant’s Form 10-K (File No. 000-54838), filed with the Commission on January 31, 2017.
(4) Incorporated by reference to the Registrant’s Form 10-Q for the fiscal quarter ended September 30, 2016 (File No. 000-54838), filed with the Commission on February 1, 2017.
(5) Incorporated by reference to the Registrant’s Form 10-K (File No. 000-54838), filed with the Commission on October 16, 2017.
(6) Incorporated by reference to the Registrant’s Form 8-K (File No. 000-54838), filed with the Commission on May 23, 2018.

* XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

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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.

ARTISAN CONSUMER GOODS, INC.
(Name of Registrant)
Date: May 15, 2026 By: /s/ Amber Joy Finney
Name: Amber Joy Finney
Title: President and Chief Executive Officer<br><br>(principal executive officer,<br><br>principal accounting officer<br><br>and principal financial officer)
14
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arrt_ex311.htm EXHIBIT 31.1

SECTION 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER OF ARTISAN CONSUMER GOODS, INC.

I, Amber Joy Finney, certify that:

1. I have reviewed the March 31, 2026 quarterly report on Form 10-Q of Artisan Consumer Goods, Inc.:
2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: May 15, 2026 By: /s/ Amber Joy Finney

| | | Amber Joy Finney |

| | | President and Chief Executive Officer<br> <br>(principal executive officer,<br> <br>principal accounting officer<br> <br>and principal financial officer) |

arrt_ex312.htm EXHIBIT 31.2

SECTION 302 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER OF ARTISAN CONSUMER GOODS, INC.

I, Amber Joy Finney, certify that:

1. I have reviewed the March 31, 2026 quarterly report on Form 10-Q of Artisan Consumer Goods, Inc.:
2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: May 15, 2026 By: /s/ Amber Joy Finney

| | | Amber Joy Finney |

| | | President and Chief Executive Officer<br> <br>(principal executive officer,<br> <br>principal accounting officer<br> <br>and principal financial officer) |

arrt_ex321.htm EXHIBIT 32.1

SECTION 906 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER OF ARTISAN CONSUMER GOODS, INC.

In connection with the accompanying Quarterly Report on Form 10-Q of Artisan Consumer Goods, Inc. for the quarter ended March 31, 2026, the undersigned, Amber Joy Finney, President and Chief Executive Officer of Artisan Consumer Goods, Inc., does hereby certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) such Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
(2) the information contained in such Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 fairly presents, in all material respects, the financial condition and results of operations of Artisan Consumer Goods, Inc.
Date: May 15, 2026 By: /s/ Amber Joy Finney

| | | President and Chief Executive Officer |

| | | (Principal executive officer,<br> <br>principal accounting officer<br> <br>and principal financial officer) |