Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 18

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 18
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 potentially dilutive shares of common stock outstanding during the period, which include the assumed conversion of all outstanding convertible securities. Diluted earnings (loss) per share were the same as basic net income (loss) per share for the three and nine months ended September 30, 2024, as shares issuable upon the conversion of the then-outstanding convertible securities were anti-dilutive as a result of the net loss incurred for those periods.
 
The table below sets forth the computation of basic and diluted earnings (loss) per share:

    For the three months ended September 30, 
    For the nine months ended September 30,

    2025 
    2024 
    2025 
    2024

    Numerator: 

    Net income (loss) 
    $490,999  
    $(93,708) 
    $302,746  
    $(258,892)

    Denominator: 

    Basic – weighted average shares outstanding 
     35,311,829  
     78,076,881  
     42,398,398  
     78,170,883 
  
    Effect of dilutive securities: 

    Convertible note 
     74,184  
     —    
     74,184  
     —   
  
    Series A preferred shares 
     178,950,000  
     —    
     178,950,000  
     —   
  
    Diluted – weighted average shares outstanding 
     214,336,013  
     78,076,881  
     221,422,582  
     78,170,883 

    Earnings (loss) per share: 

    Earnings (loss) per share: Basic 
    $0.01  
    $(0.00)* 
    $0.01  
    $(0.00)*
  
    Earnings (loss) per share: Diluted 
    $0.00* 
    $(0.00)* 
    $0.00* 
    $(0.00)*

* Less than US$0.005

23

NOTE 14 – CONVERTIBLE DEBT AND DERIVATIVE LIABILITY
 
On September 18, 2025, the Company issued a $150,000 convertible promissory note to CFI Capital LLC bearing interest at 6% per annum