Company: ATVK
Filing Date: 2025-11-14
Form Type: 10-Q/A
Source: 0001376474-25-000934
Chunk: 13

Company: Ameritek Ventures, Inc.
Filing Date: 2025-11-14
Form: 10-Q/A
Chunk 13
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 the invested capital value (debt and equity) of the business.

The Fair Market Value (enterprise value) of Ecker is estimated at $4,554,556. After any balance sheet adjustments, the adjusted value is $3,573,878 and after subtraction of term debt, if any, the equity value is $2,790,000. Equity value subtracts interest-bearing term debt and the working capital surplus or shortage, if any, from the enterprise value. A 100.00% interest of the Company's equity equals $4,550,000. The Valuator's conclusion is subject to the Report's Limiting Conditions and the note in the conclusion section.

The Fair Market Value (FMV) is defined as the value an asset or liability would exchange hands given a willing buyer and seller negotiate an "arms-length" transaction with neither party under duress and with the parties having access to all pertinent information. The valuation supports the issuance of number of shares issued and the transaction at arm's length price.

The following table describes the purchase of Ecker Capital, Inc. as of October 1, 2024.

| Assets Acquired                      |   |      USD |   |
|:-------------------------------------|:--|---------:|:--|
| Cash                                 | $ |    7,334 |   |
| Accounts receivable                  |   |  136,214 |   |
| Less Liabilities Assumed             |   |          |   |
| Accounts payable                     |   | (191,774 | ) |
| Deferred revenue                     |   | (242,546 | ) |
| SBA Loan – Interactive Systems, Inc. |   | (535,145 | ) |
| SBFS LLC Loan dba RapidAdvance       |   |  (44,684 | ) |
| Net Assets (Liabilities) Acquired    | $ | (870,571 | ) |

The assets and liabilities were accounted for at the carrying amount of previous owner since this was a transaction under common control.

6. PRODUCT DEVELOPMENT COSTS Product Development See product development activity described in the table below, as of September 30, 2025. 12

|                               |            |            |  Accumulated |  Beginning |      Amortization |        Total |        Net |
|                               |      Basis | Additions  | Amortization | Book Value | 9 Mo. Period End. | Amortization | Book Value |
|                               | 12/31/2024