For the quarter ending 2026-03-31, OMTK has $889,321 in assets. $2,026,897 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 79,204 | 14,097 | 39,241 | 32,636 |
| Long-term deposit | - | 13,514 | 13,514 | 13,514 |
| Accounts receivable, net | 7,131 | 4,089 | 4,874 | 3,654 |
| Total long-term assets | - | - | 121,475 | 156,872 |
| Accounts receivable - related parties | 22,734 | 20,393 | 18,167 | 13,089 |
| Inventory net | 302,690 | 296,132 | 319,380 | 325,861 |
| Deposits | 424,496 | 329,250 | 337,830 | 337,136 |
| Short-term deposit | 13,514 | - | - | - |
| Total current assets | 849,769 | 663,961 | 719,492 | 712,376 |
| Property & equipment, net | 3,852 | 4,816 | - | - |
| Operating lease - right-of-use asset | 35,700 | 72,095 | 107,961 | 143,358 |
| Total long-term assets | 35,700 | 90,425 | - | - |
| Total assets | 889,321 | 754,386 | 846,747 | 875,992 |
| Accounts payable and accrued expenses | 277,313 | 269,086 | 275,266 | 263,323 |
| Accrued management compensation | 636,311 | 636,888 | 639,196 | 635,734 |
| Accounts payable - related parties | 36,807 | 34,630 | 38,502 | 140,516 |
| Notes payable - related parties | 244,940 | 198,940 | 116,940 | 101,940 |
| Convertible notes payable - related party | 10,000 | 10,000 | 10,000 | 10,000 |
| Customer deposits | 578,819 | 388,301 | 540,683 | 598,327 |
| Operating lease liabilities - current | 43,707 | 86,878 | 129,520 | 171,641 |
| Total current liabilities | 1,827,897 | 1,624,723 | 1,750,107 | 1,921,481 |
| Loans payable - sba, net of current portion | 199,000 | 199,000 | 199,000 | 199,000 |
| Operating lease liabilities - long-term | - | 0 | 0 | 0 |
| Total long-term liabilities | 199,000 | 199,000 | 199,000 | 199,000 |
| Total liabilities | 2,026,897 | 1,823,723 | 1,949,107 | 2,120,481 |
| Common stock, 125,000,000 shares authorized no par value 21,948,091 and 21,948,091 shares, respectively issued and outstanding | 8,607,086 | 8,607,086 | 8,607,086 | 8,607,086 |
| Additional paid-in capital | 12,077,767 | 12,077,422 | 12,077,069 | 12,076,716 |
| Accumulated deficit | -21,822,429 | -21,753,845 | -21,786,515 | -21,928,291 |
| Total stockholders' deficit | -1,137,576 | -1,069,337 | -1,102,360 | -1,244,489 |
| Total liabilities and stockholders' deficit | 889,321 | 754,386 | 846,747 | 875,992 |
Omnitek Engineering Corp (OMTK)
Omnitek Engineering Corp (OMTK)