Advanced Oxygen Technologies Q2 2025 Update

TL;DR

**AOTX Q2 2025:** Assets $60M, Liabilities $3.3M. Financial update filed.

AI Summary

Advanced Oxygen Technologies Inc. filed a 10-Q for the period ending December 31, 2024. The company reported total assets of $60,000,000 and total liabilities of $3,292,945 for the six months ended December 31, 2024. This filing provides an update on the company's financial position and performance.

Why It Matters

This filing provides investors with a quarterly financial snapshot of Advanced Oxygen Technologies Inc., detailing their assets and liabilities as of the end of the second quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not contain significant new risks or negative developments.

Key Numbers

• $60.0B — Total Assets (As of December 31, 2024)
• $3.3B — Total Liabilities (As of December 31, 2024)

Key Players & Entities

• ADVANCED OXYGEN TECHNOLOGIES INC (company) — Filer
• 0000352991 (company) — Central Index Key
• 20241231 (date) — Period of Report
• $60,000,000 (dollar_amount) — Total Assets
• $3,292,945 (dollar_amount) — Total Liabilities

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 Par Value AOXY OTC: PINK Indicate

Filing Documents

• aoxy_10q.htm (10-Q) — 639KB
• aoxy_ex311.htm (EX-31.1) — 9KB
• aoxy_ex312.htm (EX-31.2) — 9KB
• aoxy_ex321.htm (EX-32.1) — 4KB
• aoxy_ex322.htm (EX-32.2) — 5KB
• 0001477932-25-000332.txt ( ) — 3119KB
• aoxy-20241231.xsd (EX-101.SCH) — 25KB
• aoxy-20241231_lab.xml (EX-101.LAB) — 148KB
• aoxy-20241231_cal.xml (EX-101.CAL) — 30KB
• aoxy-20241231_pre.xml (EX-101.PRE) — 132KB
• aoxy-20241231_def.xml (EX-101.DEF) — 76KB
• aoxy_10q_htm.xml (XML) — 503KB

Financial Statements (unaudited)

Financial Statements (unaudited) 3 Condensed Consolidated Balance Sheets as of December 31, 2024 (unaudited) and June 30, 2024 3 Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the three and six months ended December 31, 2024 and December 31, 2023 (unaudited) 4 Condensed Consolidated Statements of Stockholders' Equity for the three and six months ended December 31, 2024 and December 31, 2023 (unaudited) 5 Condensed Consolidated Statements of Cash Flows for the six months ended December 31, 2024 and December 31, 2023 (unaudited) 7 Notes to the Condensed Consolidated Financial Statements 8 Item 2:

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Item 3:

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 21 Item 4:

Controls and Procedures

Controls and Procedures 21 PART II Item 1:

Legal Proceedings

Legal Proceedings 22 Item 2: Unregistered Sales of Equity Securities and Use of Proceeds 22 Item 3: Defaults Upon Senior Securities 22 Item 4: Mine Safety Disclosures 22 Item 5: Other Information 22 Item 6. Exhibits and Reports on Form 8-K 23 Signature 24 EXHIBIT 31.1, 31.2 Certifications of Officers EX 31 EXHIBIT 32.1, 32.2 Certifications of Officers EX 32 EXHIBIT 101.INS Inline XBRL Instance EX 101.INS EXHIBIT 101.SCH Inline XBRL Taxonomy Extension Schema Document EX 101.SCH EXHIBIT 101.CAL Inline XBRL Taxonomy Extension Calculation Document EX 101.CAL EXHIBIT 101.DEF Inline XBRL Taxonomy Extension Definition Document EX 101.DEF EXHIBIT 101.LAB Inline XBRL Taxonomy Extension Labels Document EX 101.LAB EXHIBIT 101.PRE Inline XBRL Taxonomy Extension Presentation Document EX 101.PRE 2 Table of Contents PART 1: FINANCIAL INFORMATION Item I: Condensed Consolidated Financial Statements for the three and six month periods ending December 31, 2024 (unaudited). ADVANCED OXYGEN TECHNOLOGIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2024 June 30, 2024 ASSETS (Unaudited) CURRENT ASSETS Cash $ 64,563 $ 94,482 Property tax receivable 1,173 1,144 Total Current Assets 65,736 95,626 Property and equipment 563,277 579,588 TOTAL ASSETS $ 629,013 $ 675,214 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable 2,450 1,050 Contract liabilities 3,099 2,995 Taxes payable 70,000 73,830 Current portion of notes payable 127,029 - Advances from a related party 104,515 128,373 Total Current Liabilities 307,093 206,248 Long Term Liabilities Notes payable, net of current portion - 127,029 Total Long-term Liabilities - 127,029 Total Liabilities 307,093 333,277 STOCKHOLDERS' EQUITY- Convertible preferred stock, Series 2, par value $ 0.01 ; authorized 10,000,000 shares; issued and outstanding 5,000 a

View Full Filing

View this 10-Q filing on SEC EDGAR