DeltaSoft Corp

What they do

DeltaSoft operates a web platform at deltasoft.work that combines project planning tools with freelancer hiring, organized into five app sections: Overview, Projects, Tasks, People and Reporting. Users create project descriptions and task breakdowns using smart forms or AI, and find or assign freelancers via manual ads or AI-generated role suggestions. Management tools include WBS, roadmaps, weekly planning and product hubs. The company also markets an Android mobile application and related promotional websites.

Revenue drivers

• Freelancer fee markup — The company's only stated revenue strategy: it charges clients a premium over the rates it pays freelancers and keeps the spread as profit margin, though the platform is described as 'soon-to-launch' for this model.

Recent performance

Annual revenue fell to $37,918 in 2026 from $46,431 in 2025, while net loss narrowed to $76 from $461. Operating cash flow swung to negative $28,401 in 2026 from positive $37,059 in 2025. Recent quarterly revenue was $16,245 for the quarter ended 2026-03-31 and $11,564 for the quarter ended 2025-12-31, with no revenue reported for the quarters ended 2025-09-30 and 2026-06-30. At 2026-06-30 the company reported total assets of $55,762, total liabilities of $26,455, shareholder equity of $29,307 and cash and equivalents of $8,449.

Strategy

Management is running marketing campaigns for the web platform and mobile app and has built supplementary promotional websites. It plans a referral program, strategic partnerships with project management consultants and freelance hubs, targeted PPC advertising on Google Ads, community engagement with forums, webinars and live demos, and media outreach to tech blogs. The financial statements are prepared on a going-concern basis, and management states it expects to require additional capital to meet long-term operating requirements.

Risks

• Going concern and capital need — Management states it expects to require additional capital to meet long-term operating requirements, and the financial statements are prepared assuming going-concern treatment with no related adjustments.
• Minimal operating scale — The company has no employees other than sole officer and director Andrey Novokhatski, who devotes approximately twenty hours per week to company matters.
• Unlaunched core revenue model — The freelancer fee markup model is tied to a platform the 10-K describes as 'soon-to-launch', so the primary revenue strategy may not yet be generating transaction revenue.
• Intense competition — The company names Upwork, Fiverr, Freelancer.com, Toptal, Guru and PeoplePerHour as competitors in the freelance marketplace space.

Outlook

Management describes the platform as fully operational and says it is continuously working to improve and maintain it, while running marketing campaigns for both the web platform and the mobile app. The company expects to need additional capital for long-term operating requirements. Recent accountant changes in July 2025, September 2025 and June 2026 are disclosed events since the last 10-K.