Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 54

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 2
Chunk 54
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5

2024

AI UltraProd products
$
3,338,975
$
-

AI UltraProd services
 
397,552
 
-

Total sales
 
3,736,527
 
-

Cost of Goods Sold

Cost of goods sold for the three months ended September 30, 2025, was $2,731,078, compared to $-0- for the same period of 2024. As a percentage of overall sales, the cost of goods sold was 73.1% during the three months ended September 30, 2025.

Gross Profit

Gross profit for the three months ended September 30, 2025, was $1,005,449, compared to $-0- for the same period of 2024. Our gross profit margin was 26.9% during the three months ended September 30, 2025.

Operating Expenses

Three Months Ended September 30,

2025

2024

Operating expenses:

General and administrative
$
328,638
$
81,642

Selling and marketing expenses
 
18,956
 
-

Research and development
 
83,528
 
-

Operating expenses
$
431,122
$
81,642

Our operating expenses for the fiscal period consisted of three components: general and administrative expenses, selling and marketing expenses, and research and development expenses. Total operating expenses were $431,122 during the three months ended September 30, 2025, compared to $81,642 for the same period of 2024, representing an increase in operating expenses of $349,480, or 428.1%, from the three months ended September 30, 2024. The increase in operating expenses is a result of SecureTech’s acquisition of AI UltraProd.

36

Profit (Loss) From Operations

As a result of the foregoing, our profit from operations was $574,327 during the three months ended September 30, 2025, compared with a loss of ($81,642) for the same period of 2024. The swing from an operating loss to an operating profit is the result of SecureTech’s acquisition of AI UltraProd.

Other Income (Expense)

Our other income (expense) is comprised of bank interest received on cash deposits, interest paid on outstanding loans, and other non-operating items. During the three months that ended September 30, 2025, we generated $31,274 in other income compared to a loss of ($2