Every 10-Q that SECURETECH INNOVATINS INC (SCTH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SCTH 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 SCTH filings page.
SecureTech Innovations, Inc. (SCTH) reported its first meaningful operating scale from the AI UltraProd acquisition, with six‑month 2026 revenue of $4,852,716 versus no revenue a year earlier, producing gross profit of $1,073,080 but a net loss of $1,441,466 for the six months ended June 30, 2026.
Total assets were $20,910,360, including $3,301,693 of patents and $6,278,366 of goodwill from AI UltraProd, against $9,352,841 of total liabilities and $783,324 of mezzanine redeemable non‑controlling interests. Cash was $311,711, with net cash used in operations of $2,228,293 over six months, funded largely by new short‑term borrowings of $2,417,048 and multiple high‑discount convertible and structured notes.
SecureTech disclosed substantial doubt about its ability to continue as a going concern, citing continuing losses, limited cash, lack of committed financing, and near‑term obligations that cannot be met from existing liquidity alone. Management plans rely on raising additional equity and debt, restructuring short‑term bank loans, reducing costs, and scaling AI UltraProd, but stated these plans do not presently eliminate the going‑concern uncertainty.
SecureTech Innovations, Inc. filed an amended quarterly report for the three months ended March 31, 2026 after its board concluded that financial statements for 2025 and early 2026 should no longer be relied upon. The restatement corrects classification of certain accounts receivable and reclassifies the redeemable non‑controlling interest in Zhejiang Jizhu Technology to mezzanine equity under ASC 480 with related accretion.
For the quarter, SecureTech generated $2,079,735 in revenue, primarily from its AI UltraProd industrial technology operations, and recorded a net loss attributable to shareholders of $389,137, or $(0.02) per share. Operating cash outflow was $1,085,853, funded mainly by new borrowings and promissory notes.
At March 31, 2026, cash was $407,580 versus current liabilities of $6,046,376, including $3,261,815 of PRC bank loans and several convertible notes with variable conversion prices set at 60% of the lowest trading price in a recent 15‑day window. Management discloses “substantial doubt” about the ability to continue as a going concern and reports an additional material weakness in internal control over financial reporting related to complex equity instruments and balance sheet classifications.
SecureTech Innovations, Inc. filed an amended quarterly report for the period ended September 30, 2025 to restate prior financial statements after identifying classification errors in accounts receivable and misclassification of a redeemable non‑controlling interest, which is now presented as mezzanine equity with related accretion adjustments. Management also reports an additional material weakness in internal control over financial reporting related to complex equity instruments and balance sheet classifications.
For the quarter and nine months ended September 30, 2025, revenue was $3,736,527, all generated in 2025, compared with $0 and $14,235 in the prior‑year periods. Net profit attributable to SecureTech shareholders was $384,747 for the quarter and $196,495 for the nine‑month period, versus losses in 2024. Total assets rose to $16,852,902, including $6,278,366 of goodwill from the June 23, 2025 acquisition of AI UltraProd, which was funded through $8,565,500 of Series A Preferred Stock and $1,652,910 of contingent consideration.
Despite returning to profitability and holding $394,370 of cash at quarter‑end, the company discloses substantial doubt about its ability to continue as a going concern because current obligations significantly exceed cash resources and operations are expected to require additional bridge financing, longer‑term debt, and/or equity issuances. During 2025 SecureTech also executed a major share reduction, cutting common shares outstanding to 35,311,829 at September 30, 2025, while issuing a total of 17,895 high‑vote Series A Preferred shares and adding $2,452,592 of short‑term PRC bank borrowings and a $150,000 convertible note.
SecureTech Innovations, Inc. filed an amended quarterly report for the period ended June 30, 2025 to restate prior-period financial statements after identifying classification errors. Certain accounts receivable were reclassified from current to non‑current assets, and a redeemable non‑controlling interest in Zhejiang Jizhu Technology was moved from permanent equity to mezzanine equity under ASC 480‑10‑S99, with related accretion adjustments. Management also reported an additional material weakness in internal control over financial reporting related to complex equity instruments and balance sheet classifications.
At June 30, 2025, total assets were $15.8 million and liabilities $4.4 million, with $716,586 of redeemable non‑controlling interest and stockholders’ equity of $10.6 million. For the six months, the Company generated no revenue and recorded a net loss of $188,252, and the disclosure cites substantial doubt about its ability to continue as a going concern. During the period SecureTech completed the equity‑funded acquisition of AI UltraProd, a 3D manufacturing group that reported $2.9 million of 2024 revenue, canceled 43.1 million common shares to reduce its share count by about 55%, and later uplisted its stock to the OTCQB Venture Market.
SecureTech Innovations reported its first meaningful quarterly revenue but remains loss‑making and liquidity‑constrained. For the three months ended March 31, 2026, revenue reached $2,079,735, all from its AI UltraProd industrial technology business, generating gross profit of $185,326. Net loss attributable to shareholders widened to $389,137, or $0.02 per share, compared with a loss of $94,365 a year earlier.
Total assets were $18,554,814, including cash of $407,580, against current liabilities of $6,046,376 and total equity of $11,785,090. Management discloses substantial doubt about the company’s ability to continue as a going concern, citing negative operating cash flow of $1,085,856, heavy reliance on short‑term PRC bank loans and multiple high‑interest convertible notes, and the need for bridge and longer‑term financing.
During and after the quarter the company continued restructuring its capital structure, exchanging large blocks of common stock into Series A Preferred Stock and reducing common shares outstanding to about 17.1 million as of May 15, 2026, while planning a NASDAQ uplisting, an eventual spin‑off of the Top Kontrol business, and regional expansion of AI UltraProd.
SecureTech Innovations (SCTH) reported a transformational Q3 2025 driven by its AI UltraProd acquisition. For the nine months ended September 30, 2025, revenue rose to $3,736,527 from $14,235 a year earlier, producing gross profit of $1,005,449. The company swung to net income attributable to shareholders of $302,746 versus a prior-period loss of $258,892.
Total assets increased to $15,448,142, including $8,450,439 of goodwill from AI UltraProd and $1,864,333 of accounts receivable. Cash reached $394,370, while total liabilities were $4,487,339 and stockholders’ equity improved to $10,960,803 from a deficit at year-end 2024.
The company completed a “Phase 1” share reduction by canceling 43,100,000 common shares and now has 17,895 Series A preferred shares outstanding, each with 10,000 votes. New financing includes $2,452,592 in PRC bank short-term borrowings and a $150,000 convertible note with an $84,326 derivative liability. Despite returning to profitability, management discloses substantial doubt about its ability to continue as a going concern due to limited cash and $4,288,523 of current liabilities, and is pursuing additional financing, an uplisting, and a planned Top Kontrol spin-off.