Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 34

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 34
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,956
 
-

Research and development
 
85,674
 
-

Operating expenses
$
611,061
$
265,868

Our operating expenses for the fiscal period consisted of three components: general and administrative expenses, selling and marketing expenses, and research and development expenses. Total operating expenses were $611,061 during the nine months ended September 30, 2025, compared to $265,868 for the same period of 2024, representing an increase in operating expenses of $34,193, or 129.8%, from the nine months ended September 30, 2024. The increase in operating expenses is a result of SecureTech’s acquisition of AI UltraProd.

Profit (Loss) From Operations

As a result of the foregoing, our profit from operations was $394,388 during the nine months ended September 30, 2025, compared with a loss of ($255,054) for the same period of 2024. The swing from an operating loss to an operating profit is the result of SecureTech’s acquisition of AI UltraProd.

Other Income (Expense)

Our other income (expense) is comprised of bank interest received on cash deposits, interest paid on outstanding loans, and other non-operating items. During the nine months that ended September 30, 2025, we generated $39,588 in other income compared to a loss of ($3,838) in other income (expense) for the same period of 2024.

Net Profit (Loss)

The result was that our net profit was $354,800 during the nine months ended September 30, 2025, compared with a net loss of ($287,057) for the same period of 2024. After taking into 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.