Company: ATVK
Filing Date: 2025-04-08
Form Type: 10-K
Source: 0001376474-25-000312
Chunk: 25

Company: Ameritek Ventures, Inc.
Filing Date: 2025-04-08
Form: 10-K
Item: Item 8
Chunk 25
---
730
$74,887
10,000,000
$100,000
59,988,972
$599,890
9,083,630
$90,836
23,000,000
$230,000
613,226,791
$613,227
$881,317
$2,117,540  
$4,707,697   

 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

For Bansal & Co. LLP

Chartered Accountants

/s/ S.K. Bansal

S K Bansal

Partner 

Date: March 31, 2025

Place: New Delhi, India

14

AMERITEK VENTURES, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ending

December 31, 2024 and December 31, 2023

(Unaudited)

Year Ending

Year Ending

December 31,

December 31,

2024

2023

Cash flows from operating activities:

Net income (loss)
 
$
4,496,799

$
(58,910
)

Adjustments to reconcile net loss to net cash used in operating activities:

Amortization and depreciation

32,136

82,640

Gain on sale of Ecker Capital, Inc.

(4,439,550
)

-

Amortization of LOC commitment fees

7,392

1,848

Decrease (increase) in assets:

Accounts receivable

(3,834
)

241,623

Prepaid expenses

1,519

-

Increase (decrease) in liabilities:

Accounts payable

(279,257
)

(203,954
)

    Accrued interest

106,836

149,235

    Deferred revenues

91,541

(235,491
)

    Short-term advance to affiliate

317,793

-

Net cash flow (used in)/ provided by operating activities

331,375

(23,009
)

Cash flows from investing activities:

   Purchase of equipment

-

-

Net cash flow (used in)/ provided by investing activities

-

-

Cash flows from financing activities:

  Change in line of credit

(296,155
)

-

  Proceeds of short-term debt

-

243,613

  Repayment of long-term debt

(33,504
)

(215,737
)

Net