v3.26.1
CONSOLIDATED BALANCE SHEETS
Mar. 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Current assets:    
Cash and equivalents $ 407,580 $ 233,825
Accounts receivable, current portion 1,291,616 1,933,221
Amounts due from related parties 67,951 24,098
Inventories 1,139,785 1,946,203
Prepayments and other current assets 4,419,439 3,383,420
Total current assets 7,326,371 7,520,769
Non-current assets:    
Equipment, net 310,383 312,229
Operating lease right-of-use, net 275,570 291,444
Intangible assets, patents 3,393,406 3,485,120
Goodwill 6,278,366 6,278,366
Accounts receivable, net of non-current portion 1,152,508 1,185,097
Deferred tax asset 118,793 117,177
Total non-current assets 11,529,026 11,669,433
Total assets: 18,855,397 19,190,202
Current liabilities:    
Accounts payable 298,215 1,483,093
Accounts payable, related parties 63,233 63,113
Amounts due to related parties 4,581
Contract liabilities 145,719 164,336
Notes payable 711,892 551,822
Notes payable, related parties 196,014 192,464
Operating lease liabilities, current portion 96,784 99,298
Short-term borrowings 3,261,815 2,499,607
Accrued expenses and other current liabilities 1,272,704 1,313,920
Total current liabilities 6,046,376 6,372,234
Non-current liabilities:    
Operating lease liabilities, net of current portion 188,565 194,720
Deferred tax liabilities 534,783 548,190
Total non-current liabilities 723,348 742,910
Total liabilities: 6,769,724 7,115,144
Mezzanine equity: Redeemable non-controlling interest 767,670 738,301
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value, 50,000,000 shares authorized; 19,725 and 18,295 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 20 18
Common stock, $0.001 par value, 500,000,000 shares authorized; 17,077,368 and 31,377,368 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 17,077 31,377
Contingent consideration 1,652,910 1,652,910
Additional paid in capital 10,669,104 10,442,707
Accumulated deficit (1,990,928) (1,601,791)
Accumulated other comprehensive gain 124,880 76,892
SecureTech shareholders 10,473,063 10,602,113
Non-controlling interests 844,940 734,642
Total stockholders’ equity (deficit) 11,318,003 11,336,755
Total liabilities and stockholders’ equity $ 18,855,397 $ 19,190,202