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Ameritek Ventures (ATVK) 10-K Filings

ATVK OTC

Here are the 10-K annual reports from Ameritek Ventures (ATVK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow ATVK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ATVK filings page.

Rhea-AI Summary

Ameritek Ventures, Inc. reported a sharp downturn for the year ended December 31, 2025. The company generated no operating revenue, compared with $678,300 in 2024, and recorded a net loss of $6,384,392 versus prior-year net income of $13,518,894, largely due to a $3,582,515 loss on its investment in ZenaTech securities and a $2,117,676 impairment loss, including full goodwill write-off.

As of year-end 2025, Ameritek held only $2,543 in cash, current liabilities of $2,234,311, and a working capital deficit of $2,231,768. Its balance sheet is dominated by a $10,471,466 investment in ZenaTech, so results are highly sensitive to that stock’s value. The auditor highlighted these factors and disclosed substantial doubt about the company’s ability to continue as a going concern.

During 2024 Ameritek sold its prior software operations (Ecker Capital and subsidiaries) to related party ZenaTech and in 2025 it acquired Galaxy Batteries, Inc. under common control and formed Chicago Real Estate Partners, LLC to pursue solid-state batteries, manufacturing, aerospace services, and corporate housing. Operations are being funded mainly through related-party debt and advances from Epazz, Inc. and affiliates, while multiple preferred stock series and a large 2026 1-for-1,200 reverse stock split significantly reshaped the capital structure.

Rhea-AI Summary

Ameritek Ventures, Inc. filed Amendment No. 3 to its annual report to correct 2024 financial statements to match audited figures from Bansal & Co. LLP. The main change relates to valuing ZenaTech, Inc. securities received for selling subsidiary Ecker Capital, LLC, a related-party transaction.

After the correction, 2024 revenue was $678,300, down 29% from 2023, but operating income improved to $219,332 as expenses fell 44%. A $13,461,645 gain on asset disposal drove net income to $13,518,494 versus a small loss in 2023. Year-end assets were $16.2 million, largely ZenaTech securities and intangibles, against $2.5 million of liabilities and no cash, so the company continues to rely on borrowings.

Management concluded internal control over financial reporting and disclosure controls were not effective at December 31, 2024, citing a lack of a functioning audit committee and inadequate segregation of duties. Ameritek trades on the Pink Sheets under “ATVK” and is tightly controlled through multiple preferred stock series and related-party arrangements.