Company: SCTH
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001017386-25-000115
Chunk: 26

Company: Securetech Innovations, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 26
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 expenses were $89,004 during the three months ended June 30, 2025, compared to $93,730 for the same period of 2024, representing a decrease in operating expenses of ($4,726), or (5.0%), from the three months ended June 30, 2024.

Loss From Operations

As a result of the foregoing, our loss from operations was ($89,004) during the three months ended June 30, 2025, compared with ($93,730) for the same period of 2024. This ($4,726), or (5.0%), decrease in our loss from operations was primarily attributable to a lack of any sales efforts and related expenses during the fiscal period ended June 30, 2025.

Other Income (Expense)

Our other income (expense) is comprised of bank interest received on cash deposits, cashback rewards generated from a bank credit card, and finance charges incurred on carried outstanding balances on our bank credit card. During the three months that ended June 30, 2025, we incurred ($4,884) in other expenses, compared to ($987) in other income for the same period of 2024.

Net Loss

The result was that our net loss was ($93,888) during the three months ended June 30, 2025, compared with ($93,708) for the same period of 2024. This $180, or 0.2%, increase in our loss from operations was primarily attributable to a lack of any sales during the fiscal period ended June 30, 2025.

Comparison of the Six Months Ended June 30, 2025 and 2024

The following table sets forth the results of our operations for the six months ended June 30, 2025 and 2024.

32

Six months ended June 30,

2025

2024

Sales
$
-
$
14,235

Cost of goods sold
 
-
 
(3,421)

Gross profit
 
-
 
10,814

Operating expenses
 
(179,939)
 
(184,226)

Loss from operations
 
(179,939)
 
(173,412)

Other income (expense)
 
(8,314)
 
(1,777)

Net loss
$
(188,253)
$
(175,189)

Sales

Sales for the six months ended June 30, 2025, were $-0-, compared to $14,235