SecureTech Innovations, Inc. filed an amended annual report that restates its 2025 year-end and related interim financial statements after its board, in consultation with its former auditor, concluded those prior statements should no longer be relied upon. The restatement reclassifies certain accounts receivable from current to non-current and moves a redeemable non‑controlling interest in Zhejiang Jizhu Technology Co., Ltd. from permanent equity to mezzanine (temporary) equity under ASC 480‑10‑S99, 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.
The company is a technology platform built around AI UltraProd, Piranha Blockchain, and the Top Kontrol automotive safety line. Through AI UltraProd, acquired in June 2025 for Series A preferred stock valued at $8.57 million, management highlights audited FY2025 revenue of $7.7 million, 12 issued patents, and 13 software copyrights. During 2025 it reduced common shares outstanding by about 61 million shares (78% reduction); as of March 24, 2026, 17,077,368 common shares were outstanding.
SecureTech remains a smaller reporting company with a history of losses of ($1,601,791) through December 31, 2025 and an auditor-issued going concern warning. Officers and directors control about 85.5% of voting power. Strategy centers on expanding AI UltraProd internationally, developing blockchain and data‑center initiatives, and pursuing a planned NASDAQ uplisting and a spin‑off of the Top Kontrol business, all subject to approvals, financing, and market conditions.
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, Inc. dismissed Gary Cheng CPA Limited as its independent auditor on July 31, 2026 and engaged Marcum Asia CPAs LLP to review 2026 interim results and audit 2026 financial statements. Management identified classification errors in prior filings and, after discussion with GCCPA, concluded that financial statements for the fiscal year ended December 31, 2025 and certain 2025–2026 interim periods should no longer be relied upon and will be restated.
The restatement reclassifies a redeemable non-controlling interest to mezzanine equity and moves certain accounts receivable from current to non-current assets; SecureTech states these balance-sheet changes do not affect previously reported revenue or cash. The company reports material weaknesses in internal control, including absence of an audit committee and weaknesses over complex equity and balance-sheet classifications, and has nominated three independent directors as part of plans to strengthen governance and pursue a Nasdaq listing.
Securetech Innovations, Inc. director and CFO, Treasurer & Secretary Anthony Vang reported a bona fide gift of 100,000 shares of Common Stock on June 24, 2026. The shares were transferred at a reported price of $0.00 per share, reflecting a non-cash disposition.
After this gift, Vang directly holds 2,849,070 shares of Securetech Innovations common stock. Because this is a charitable or personal gift rather than an open-market sale, it does not represent a market transaction or a change in his economic view of the stock.
SecureTech Innovations, Inc. appointed Anthony Vang as its full-time Chief Financial Officer, effective June 5, 2026. He will retain his existing roles as Director, Secretary, Treasurer, and Principal Financial Officer, responsibilities he has held since the company’s incorporation on March 2, 2017.
The board notes this appointment formally recognizes the financial leadership duties Mr. Vang has already been performing, including overseeing accounting, SEC reporting support, and operations for the U.S. parent and its China-based subsidiary. He will continue serving as full-time CFO without compensation until a Compensation Committee is seated and sets an appropriate package.
The company states there are no new employment, change-in-control, or other compensatory agreements linked to this appointment, and no disclosable related-party transactions or family relationships. SecureTech also highlights that the move aligns with governance enhancements as it pursues an uplisting of its common stock to the Nasdaq Capital Market.
Securetech Innovations, Inc. director and Principal Financial Officer Vang Anthony reported two insider transactions. He received a grant of 20 shares of Series A Preferred Stock at $1.00 per share, bringing his preferred holdings to 700 shares. On the same date, he disposed of 300,000 shares of Common Stock in a transaction coded as a disposition to the issuer at $5.80 per share, a non‑market transaction returning shares to the company. After this disposition, he directly holds 2,949,070 shares of Common Stock.
Securetech Innovations, Inc. insider Kao Lee, a co-founder, general manager, and ten percent owner, reported returning 10 shares of Series A Preferred Stock to the company at $1.00 per share. After this disposition to the issuer, Lee directly holds 6,890 Series A Preferred shares and 98,140 common shares.
Securetech Innovations, Inc. director and President & CEO Sitra J Scott reported updated holdings. An entity associated with Scott, Taurus Financial Partners, LLC, disposed of 10 shares of Series A Preferred Stock to the issuer at $1.00 per share, leaving 10,390 preferred shares held indirectly. Scott also reported direct ownership of 115,000 shares of common stock, shown as a holding entry rather than a new market trade.
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.