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NEURALBASE AI LTD.

CIK: 11307811 Annual ReportsLatest: 2025-04-25

10-K / April 25, 2025

Neuralbase AI Ltd. Company Summary

Business Focus

  • Neuralbase AI Ltd. specializes in AI-powered document processing solutions, primarily through its platform MultiDoc.ai.
  • The platform enables organizations to create customized AI assistants capable of resolving most queries by extracting information from thousands of internal documents, archives, and repositories.
  • The core technology automates data extraction, classification, organization, and retrieval from various types of documents including PDFs, images, scanned, and handwritten documents.

Key Product Features

  • Intelligent Document Processing (IDP): Automates extraction and management of data from diverse document formats.
  • Custom AI Assistants: Organizations can tailor AI models to their specific needs, processing internal digital, scanned, or handwritten documents.
  • Source Verification: When answering queries, the platform indicates the specific paragraphs and documents used for the response, ensuring transparency.
  • Role-Based Access Control: Limits document and data accessibility based on user roles within an organization.
  • Integration Methods: Uses APIs with security features like API keys and JWT for embedding and connection with external platforms.

Current Operations

  • Stage: Development stage company, with limited business activity.
  • Customers: 4 corporate beta test users; issued 422 beta licenses.
  • Revenue: No revenues reported.
  • Employees: 6 full-time employees.
  • Intellectual Property: Has proprietary AI technology and assets related to MultiDoc.ai.
  • Business Strategy: Focused on testing, refining, and industry-specific pilot implementations (e.g., legal, healthcare, finance, oil sector).

Financial and Business Details

  • Revenue: Zero for 2023 and 2024.
  • Net Income: Loss of approximately $1.28 million in 2024; Loss of about $414,273 in 2023.
  • Assets: No current assets as of December 31, 2024.
  • Liabilities: Total liabilities of approximately $709,000, primarily current liabilities, including accounts payable and notes payable.
  • Equity: Negative stockholders’ equity of about $709,000.
  • Funding: No current secured financing; plans to raise $400,000 with a minimum target of $50,000 for operations in the next 12 months.

Strategic and Developmental Plans

  • Operating in initial testing and beta phases.
  • Aiming to expand client base and industry verticals.
  • Focused on continuous platform refinement, security, scalability, and industry-specific customization.
  • No current revenues or assets beyond intellectual property; business is largely reliant on future funding and client onboarding.

Summary

Neuralbase AI Ltd. develops AI-based intelligent document processing technology, allowing organizations to create customized AI assistants for internal document querying and data extraction. It is currently in a developmental stage with limited clients (beta testers), no revenue, and plans to seek additional funding to further develop and commercialize its platform.