Company: ATVK
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001376474-25-000754
Chunk: 3

Company: Ameritek Ventures, Inc.
Filing Date: 2025-08-15
Form: 10-Q
Item: Item 2
Chunk 3
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 % decrease from $93,868, and amortization costs decreased by $8,045, or 80%, during the first two quarters of 2025, compared to 2024. Interest expense decreased by $17,850, or 38 % since Ameritek does not have three of the loans it previously had to pay or accrue interest expense for.

Net operating loss before other income decreased by $189,586 for the first two quarters of 2025 from the same period of 2024. 

For the six months ending June 30, 2025, and 2024

20

Ameritek had $380,350, or 94%, less revenue for the six months ended June 30, 2025, as compared to the same period ended 2024,a consequence of the sale of Ecker Capital, LLC with its subsidiaries Interactive Systems, Inc. and interlinkONE, Inc.

Ameritek incurred $70,545, or 87%, less in general and administrative costs for the first two quarters of 2025 as compared to 2024. These changes are also a result of the Interactive and interlinkONE sales. The Company incurred $183,000 in stock-based management fees compensation paid to Shaun Passley, PhD and Epazz, Inc., related parties, an 100% increase in this cost. The Company had no development and support costs, and amortization costs decreased by $16,090, or by 81%, during the first two quarters of 2024 and after selling the interlinkONE assets. Interest expense decreased by $33,517 or 38% since Ameritek does not have three of the loans it previously had to pay or accrue interest expense for.

Net operating loss before other income decreased by $246,561 for the first two quarters of 2025 from the same period of 2024.

Liquidity and Capital Resources

Cash Flow

The Company currently funds its operations, including working capital and capital expenditure, and acquisitions through cash, cash equivalents and short-term investments and financing activities as necessary. We expect that cash, cash equivalents and short-term investments, and other sources of liquidity, such as issuing equity or debt securities, subject to market conditions, will be available and sufficient to meet all foreseeable cash requirements. The following is a summary of the changes in the Company’s cash flows followed by a brief discussion of these changes:

Six Months Ended

June 30,

Change ($)
 
2025
 
202