Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 57

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 2
Chunk 57
---
 consideration non-controlling interests of $52,054 for the nine months ended September 30, 2025, SecureTech generated a net profit of $302,746 that was attributable to SecureTech’s shareholders.

Total Stockholders’ Equity

Our stockholders’ equity was $10,425,702 as of September 30, 2025.

Liquidity and Capital Resources

As of September 30, 2025, SecureTech Innovations, Inc. had cash and cash equivalents of $394,370, compared to no cash balances at December 31, 2024. The increase reflects cash generated from operations and financing activities during the nine‑month period. Total current assets were $6.3 million, primarily consisting of accounts receivable of $1.9 million, inventories of $1.5 million, and prepayments of $2.4 million. Non‑current assets totaled $9.2 million, driven largely by goodwill recognized in connection with the acquisition of AI UltraProd.

Total current liabilities increased to $4.3 million at September 30, 2025, compared to $0.4 million at December 31, 2024. The increase was primarily attributable to short‑term borrowings of $2.5 million, accounts payable of $1.1 million, and accrued expenses of $0.2 million. Non‑current liabilities were $0.2 million, consisting of operating lease obligations. As a result, total liabilities were $4.5 million, and total stockholders’ equity improved to $11.0 million, compared to a deficit of $0.4 million at year‑end 2024.

38

For the nine months ended September 30, 2025, SecureTech generated revenues of $3.7 million and reported net income attributable to shareholders of $0.3 million, compared to a net loss of $0.3 million for the same period in 2024. Gross profit was $1.0 million, reflecting a gross margin of approximately 27%. Operating cash flows for the period were impacted by working capital changes, including increases in receivables, inventories, and prepayments associated with scaling AI UltraProd operations.

Cash Flows

For the nine months ended September 30, 2025:

•
 
Operating activities: Net cash provided by operating activities of approximately $0.35 million, compared to net cash used in operating activities of $0.26 million for the same period in 2024.