v3.26.3
CONSOLIDATED BALANCE SHEETS
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Current assets:    
Cash and equivalents $ 233,825
Accounts receivable, net 1,933,221
Amounts due from related parties 24,098
Inventories 1,946,203
Prepayments and other current assets 3,383,422 1,114
Total current assets 7,520,769 1,114
Non-current assets:    
Equipment, net 312,229 2,503
Operating lease right-of-use, net 291,444
Intangible assets, patents 3,485,120
Goodwill 6,278,366
Accounts receivable, net of non-current portion 1,185,097  
Deferred tax asset 117,177
Total non-current assets 11,669,433 2,503
Total assets: 19,190,202 3,617
Current liabilities:    
Accounts payable 1,483,093 14,205
Accounts payable, related parties 63,113 50,978
Accrued payroll, related parties 59,498 322,448
Amounts due to related parties 4,581
Contract liabilities 164,336
Notes payable 551,822
Notes payable, related parties 192,464 39,611
Operating lease liabilities, current portion 99,298  
Short-term borrowings 2,499,607
Accrued expenses and other current liabilities 1,254,422 16,417
Total current liabilities 6,372,234 443,659
Non-current liabilities:    
Operating lease liabilities, net of current portion 194,720
Deferred tax liabilities 548,190
Total non-current liabilities 742,910
Total liabilities: 7,115,144 443,659
Mezzanine equity: Redeemable non-controlling interest 738,303
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value, 50,000,000 shares authorized; 18,295 and 13,400 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 18 13
Common stock, $0.001 par value, 500,000,000 shares authorized; 31,377,368 and 78,086,881 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 31,377 78,087
Contingent consideration 1,652,910
Additional paid in capital 10,442,707 1,196,426
Accumulated deficit (1,601,791) (1,714,568)
Accumulated other comprehensive loss 76,892
SecureTech shareholders 10,602,113 (440,042)
Non-controlling interests 734,642
Total stockholders’ equity (deficit) 11,336,755 (440,042)
Total liabilities and stockholders’ equity $ 19,190,202 $ 3,617