Company: OMTK
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001096906-25-000867
Chunk: 7

Company: Omnitek Engineering Corp
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 8
Chunk 7
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ICIT

Common stock, 125,000,000 shares authorized; no par value; 21,948,091 and 21,948,091 shares, respectively issued and outstanding
 
8,607,086  
 
8,607,086  

Additional paid-in capital
 
12,073,279  
 
12,072,934  

Accumulated deficit
 
(22,054,144) 
 
(22,027,484) 

Total Stockholders' Deficit
 
(1,373,779) 
 
(1,347,464) 

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
 
$1,054,462  
 
$1,116,455  

The accompanying notes are an integral part of these financial statements.

Page 3

OMNITEK ENGINEERING CORP.

Condensed Statements of Operations (unaudited)

For the Three Months Ended March 31, 2025
 
For the Three Months Ended March 31, 2024

REVENUES
 
$359,746  
 
$237,077  

COST OF GOODS SOLD
 
218,778  
 
153,358  

GROSS MARGIN
 
140,968  
 
83,719  

OPERATING EXPENSES

General and administrative
 
132,451  
 
126,045  

Research and development
 
18,309  
 
18,471  

Depreciation and amortization
 
964  
 
436  

Total Operating Expenses
 
151,724  
 
144,952  

LOSS FROM OPERATIONS
 
(10,756) 
 
(61,233) 

OTHER INCOME (EXPENSE)

Interest expense
 
(6,290) 
 
(5,225) 

Other expense
 
(9,838) 
 
-  

Other income
 
224  
 
-  

Total Other Income (Expense)
 
(15,904) 
 
(5,225) 

LOSS BEFORE INCOME TAXES
 
(26,660) 
 
(66,458) 

INCOME TAX EXPENSE
 
-  
 
-  

NET LOSS
 
$(26,660) 
 
$(66,458) 

BASIC AND DILUTED LOSS PER SHARE
 
$(0.00) 
 
$(0.00)