Company: ATVK
Filing Date: 2025-11-14
Form Type: 10-Q/A
Source: 0001376474-25-000934
Chunk: 30

Company: Ameritek Ventures, Inc.
Filing Date: 2025-11-14
Form: 10-Q/A
Chunk 30
---
 – |
| Cash flow (used in) provided by financing activities | $ |    321,343 | $ |            -8,316 | $ | -329,659 |

Operating activities The cash outflows do not compare directly since Ameritek had two different businesses during the first nine months of 2025, when it is branching into the real estate industry, and the similar 2024 period, when it operated in the software industry. Ameritek purchased two real estate properties to use them as rentals and it purchased Galaxy Batteries, Inc. from Epazz, Inc., a related party, during the last three quarters of 2025. Epazz, Inc. is owned by Shaun Passley, PhD, the CEO of Ameritek. The Company's operations were affected by the unrealized gain on the ZenaTech investment of almost $2 million. Investing Activities Ameritek invested by purchasing a franchise for $82,500 and two apartments for $423,242 during the nine months ending September 30, 2025. There were no investments during the same period in 2024. Financing Activities Ameritek paid $8,316 as repayment of long-term debt during the nine months ended September30, as compared to $329,659 which was paid during the same period of 2024. Cash and Cash Equivalents The Company had $26,602 in cash as of September 30, 2025, as compared with $0 as of December 31, 2024, a 100% increase. Off Balance Sheet Arrangements We do not have any significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our consolidated financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors. Recent Accounting Pronouncements Management did not contemplate any accounting standards and interpretations issued which are expected to have a material impact on the Company’s financial position, operations or cash flows during the nine months ended September 30, 2024, or for the year ended December 31, 2023. Item 3. Quantitative and Qualitative Disclosures about Market Risk Pursuant to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as it is a “smaller reporting company,” as defined by Rule 229.10(f)(1). Item 4. Controls and Procedures