Securetech Innovations Files 10-Q for Q2 2025

TL;DR

SEC filing for Securetech Innovations (SCTH) Q2 2025 is in. Check financials.

AI Summary

Securetech Innovations, Inc. filed its quarterly report on August 19, 2025, for the period ending June 30, 2025. The company, previously known as Securetech, Inc., is incorporated in Wyoming and operates in the motor vehicle parts & accessories sector. Its principal business address is in Roseville, MN.

Why It Matters

This filing provides investors with an update on Securetech Innovations' financial performance and operational status for the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediately apparent significant negative events.

Key Players & Entities

• Securetech Innovations, Inc. (company) — Filer
• 20250630 (date) — Reporting period end date
• 20250819 (date) — Filing date
• Roseville, MN (location) — Business address
• Securetech, Inc. (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value SCTH OTCQB Exchange Indic
• $505 — assets. Depreciation expenses totaled $505 and $491 for the six months ended June
• $491 — Depreciation expenses totaled $505 and $491 for the six months ended June 30, 2025

Filing Documents

• scth_form10q06302025.htm (10-Q) — 754KB
• ex311.htm (EX-31.1) — 8KB
• ex312.htm (EX-31.2) — 8KB
• ex321.htm (EX-32.1) — 4KB
• ex322.htm (EX-32.2) — 4KB
• stsec10q6302510q63025v4_1.jpg (GRAPHIC) — 46KB
• stsec10q6302510q63025v4_2.jpg (GRAPHIC) — 295KB
• stsec10q6302510q63025v4_3.jpg (GRAPHIC) — 79KB
• stsec10q6302510q63025v4_4.jpg (GRAPHIC) — 66KB
• stsec10q6302510q63025v4_5.jpg (GRAPHIC) — 83KB
• 0001017386-25-000115.txt ( ) — 4664KB
• scth-20250630.xsd (EX-101.SCH) — 23KB
• scth-20250630_cal.xml (EX-101.CAL) — 43KB
• scth-20250630_def.xml (EX-101.DEF) — 62KB
• scth-20250630_lab.xml (EX-101.LAB) — 182KB
• scth-20250630_pre.xml (EX-101.PRE) — 153KB
• scth_form10q06302025_htm.xml (XML) — 387KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial Statements 5

Item 1. Financial Statements 5 CONSOLIDATED BALANCE SHEETS 5 CONSOLIDATED STATEMENTS OF OPERATIONS 7 CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) 8 CONSOLIDATED STATEMENTS OF CASH FLOWS 10

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 12

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 12

Management's Discussion and Analysis of Financial Condition and Results of Operations 23

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 23

Quantitative and Qualitative Disclosures About Market Risk 36

Item 3. Quantitative and Qualitative Disclosures About Market Risk 36

Controls and Procedures 36

Item 4. Controls and Procedures 36

– OTHER INFORMATION

PART II – OTHER INFORMATION

Legal Proceedings 38

Item 1. Legal Proceedings 38

Risk Factors 38

Item 1A. Risk Factors 38

Unregistered Sales of Equity Securities and Use of Proceeds 38

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 38

Default Upon Senior Securities 38

Item 3. Default Upon Senior Securities 38

Mine Safety Disclosures 38

Item 4. Mine Safety Disclosures 38

Other Information 38

Item 5. Other Information 38

Exhibits 38

Item 6. Exhibits 38 SIGNATURES 41 3 Cautionary Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations or financial condition, business strategy, and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would," and other similar expressions and variations, or comparable terminology, or the negatives of any of the foregoing, may identify forward-looking statements (collectively, " forward-looking statements "), but the absence of these words does not mean that a statement is not forward-looking. Our actual results or outcomes could differ materially from those indicated in these forward-looking statements for a variety of reasons, including, among others: Our ability to execute our growth strategies Supply chain disruptions and general price inflation Our ability to maintain favorable relationships with suppliers and manufacturers Competition from more established and better financed competitors Our ability to attract and retain competent and qualified personnel Regulatory changes and developments affecting our business Our ability to obtain additional capital to finance operations Managing a "just right" product inventory size and mix Impacts on our business from epidemics, pandemics, or natural disasters Our ability to remediate the material weakness in our internal control over financial reporting or additional material weaknesses or other deficienci

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION I tem 1. Financial Statements SECURETECH INNOVATIONS, INC. CONSOLIDATED BALANCE SHEETS (Amount in U.S. Dollars, except for number of shares or otherwise noted) ASSETS Note June 30, 2025 (unaudited) December 31, 2024 (audited) Current assets: Cash and equivalents $ 373,837 — Accounts receivable, net 5 965,139 — Amounts due from related parties 10 69,900 — Inventories 4 1,255,997 — Deposits 1,114 1,114 Prepayments and other current assets 11 2,916,142 — Total current assets $ 5,582,129 $ 1,114 Non-current assets: Equipment, net 1 $ 207,207 $ 2,503 Goodwill 3 8,450,439 — Total non-current assets $ 8,657,646 $ 2,503 Total assets: $ 14,239,775 $ 3,617 The accompanying notes to the financial statements are an integral part of these statements. 5 Table of Contents SECURETECH INNOVATIONS, INC. CONSOLIDATED BALANCE SHEETS (CONTINUED) (Amount in U.S. Dollars, except for number of shares or otherwise noted) LIABILITIES AND STOCKHOLDERS ' EQUITY Note June 30, 2025 (unaudited) December 31, 2024 (audited) Current liabilities: Accounts payable $ 862,919 14,205 Accounts payable, related party 52,706 50,978 Accrued payroll 61,998 322,448 Amounts due to related parties 200,578 39,611 Bank overdraft — 346 Contract liabilities 6 357,123 — Notes payable 26,372 — Short-term borrowings 7 2,165,228 — Taxes payable — 1,115 Accrued expenses and other current liabilities 107,147 14,956 Total current liabilities $ 3,834,071 $ 443,659 Total liabilities: $ 3,834,071 $ 443,659 Stockholders' equity (deficit): Preferred stock, $ 0.001 par value, 50,000,000 shares authorized; 17,895 and 13,400 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 18 13 Common stock, $ 0.001 par value, 500,000,000 shares authorized; 35,311,829 and 78,086,881 shares issue

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025 (unaudited) NOTE 1 – Summary of Significant Accounting Policies Organization SecureTech Innovations, Inc. (" SecureTech " or the " Company ") was incorporated in the State of Wyoming on March 2, 2017, under the name SecureTech, Inc. On December 20, 2017, the Company amended its Articles of Incorporation to change its name to SecureTech Innovations, Inc. The Company has established several wholly owned subsidiaries to support its strategic growth initiatives: On November 19, 2021, and November 25, 2021, the Company formed Piranha Blockchain, Inc., a Wyoming corporation, and Piranha Blockchain, Ltd., an Anguilla-based international business company, respectively (collectively, " Piranha "). On January 27, 2025, the Company incorporated two additional Wyoming-based subsidiaries: Terra Nova Technologies, Inc. and Top Kontrol, LLC. On June 6, 2025, the Company formed AI UltraProd, Inc., also a Wyoming corporation. On June 23, 2025, through its wholly owned subsidiary AI UltraProd, Inc., the Company acquired 100% of Aiultraprod Group Limited, a Hong Kong limited liability company. Aiultraprod Group Limited owns a 90% equity interest in Zhejiang Jizhu Technology Co., Ltd., a limited liability company organized under the laws of the People's Republic of China (collectively, " AI UltraProd "). SecureTech is a technology-focused company that develops and commercializes advanced solutions across several high-growth sectors, including artificial intelligence, industrial 3D printing and manufacturing, cybersecurity, and digital infrastructure. The Company's business segments include: AI UltraProd: Specializes in AI-powered industrial 3D manufacturing technologies. Piranha Blockchain: Develops Web3 security protocols, blockchain infrastructure, digital asset reserves and management systems, and cybersecurity solutions Top Kontrol: Offers a patented anti-theft and anti-carjacking system capable of autonomousl

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View this 10-Q filing on SEC EDGAR