Securetech Innovations, Inc. (SCTH) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2355 HIGHWAY 36 WEST, SUITE 400 ROSEVILLE, MN 55113 |
| State of Incorp. | WY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6 | 138 | 214 | 90 | 133 | ||||
| Cash and cash equivalent | 6 | 138 | 214 | 90 | 133 | ||||
| Receivables | |||||||||
| Inventory, net of allowances, customer advances and progress billings | 14 | 28 | 40 | 49 | |||||
| Inventory | 14 | 28 | 40 | 49 | |||||
| Other current assets | |||||||||
| Other undisclosed current assets | 1 | 1 | 31 | 2 | |||||
| Total current assets: | 1 | 21 | 197 | 254 | 139 | 135 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 3 | 3 | 4 | ||||||
| Intangible asset, including goodwill, after accumulated amortization | |||||||||
| Goodwill | |||||||||
| Intangible asset, excluding goodwill, after accumulated amortization | |||||||||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 3 | 3 | 4 | ||||||
| TOTAL ASSETS: | 4 | 24 | 201 | 254 | 139 | 135 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 29 | 60 | 15 | 3 | 3 | 0 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 2 | 1 | |||
| Accounts payable | 14 | 46 | 2 | 1 | 1 | 0 | |||
| Accrued liabilities | 15 | 15 | 13 | ||||||
| Debt | 40 | ||||||||
| Other undisclosed current liabilities | 375 | 113 | 11 | ||||||
| Total current liabilities: | 444 | 173 | 26 | 3 | 3 | 0 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | |||||||||
| Deferred income tax liabilities | |||||||||
| Operating lease, liability | |||||||||
| Total noncurrent liabilities: | |||||||||
| Total liabilities: | 444 | 173 | 26 | 3 | 3 | 0 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (440) | (149) | 175 | 251 | 136 | 135 | |||
| Preferred stock | 0 | 0 | |||||||
| Common stock | 78 | 80 | 112 | 113 | 170 | 170 | |||
| Additional paid in capital | 1,196 | 1,076 | 1,000 | 593 | 313 | 247 | |||
| Accumulated other comprehensive income | |||||||||
| Accumulated deficit | (1,715) | (1,305) | (937) | (456) | (347) | (283) | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | (440) | (149) | 175 | 251 | 136 | 135 | |||
| TOTAL LIABILITIES AND EQUITY: | 4 | 24 | 201 | 254 | 139 | 135 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14 | 48 | 47 | 32 | 20 | |||
| Cost of revenue | (3) | (12) | (13) | (9) | (6) | |||
| Cost of product and service sold | (3) | (12) | (13) | (9) | ||||
| Gross profit: | 11 | 36 | 34 | 23 | 14 | |||
| Operating expenses | (414) | (404) | (516) | (132) | (79) | (61) | ||
| Other operating expense, net (Other Expenses) | ||||||||
| Other undisclosed operating income | ||||||||
| Operating income (loss): | (404) | (368) | (482) | (109) | (64) | (61) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (6) | (0) | 1 | |||||
| Interest and debt expense | ||||||||
| Income (loss) from continuing operations before income taxes: | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Income tax benefit | ||||||||
| Income (loss) from continuing operations: | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (109) | (64) | (61) | |
| Other undisclosed net income (loss) | (0) | |||||||
| Net income (loss): | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Net loss attributable to noncontrolling interest | ||||||||
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net income (loss) attributable to parent: | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, diluted: | (409) | (368) | (481) | (109) | (64) | (61) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Comprehensive income (loss): | (409) | (368) | (481) | (109) | (64) | (61) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (409) | (368) | (481) | (109) | (64) | (61) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.