Quarterly ResultMay 15, 2026, 08:38 AM
Securetech Innovations Q1 Revenue $2.08M; Net Loss $(389K)
AI Summary
Securetech Innovations, Inc. reported its first-quarter 2026 financial results, showing significant revenue generation of $2.08 million, primarily from sales of goods and service revenue, compared to no revenue in the prior year period. The company recorded a net loss attributable to shareholders of $(389,137), an increase from $(94,365) in Q1 2025. This quarter's results reflect the impact of the AI UltraProd acquisition in June 2025, which introduced new business segments in AI-powered industrial 3D manufacturing and related services.
Key Highlights
- Total revenues reached $2,079,735 in Q1 2026, up from $0 in Q1 2025.
- Net loss attributable to SecureTech shareholders increased to $(389,137) from $(94,365) year-over-year.
- Basic loss per share was $(0.02) for Q1 2026, compared to $(0.00) in Q1 2025.
- Cash and equivalents increased to $407,580 as of March 31, 2026, from $233,825 at year-end 2025.
- Total current assets decreased to $8,478,879 from $8,705,863 since December 31, 2025.
- Total liabilities decreased to $6,769,724 from $7,115,144 since December 31, 2025.
- Weighted average common shares outstanding decreased to 18,189,590 from 56,333,864.
- Net cash used in operating activities was $(1,085,856) in Q1 2026.
Price Impact
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