For the quarter ending 2025-09-30, OMTK has $846,747 in assets. $1,949,107 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 39,241 | 32,636 | ||
| Accounts receivable, net | 4,874 | 3,654 | ||
| Accounts receivable - related parties | 18,167 | 13,089 | ||
| Inventory net | 319,380 | 325,861 | ||
| Deposits | 337,830 | 337,136 | ||
| Total current assets | 719,492 | 712,376 | ||
| Operating lease - right-of-use asset | 107,961 | 143,358 | ||
| Long-term deposit | 13,514 | 13,514 | ||
| Total long-term assets | 121,475 | 156,872 | ||
| Total assets | 846,747 | 875,992 | ||
| Accounts payable and accrued expenses | 275,266 | 263,323 | ||
| Accrued management compensation | 639,196 | 635,734 | ||
| Accounts payable - related parties | 38,502 | 140,516 | ||
| Notes payable - related parties | 116,940 | 101,940 | ||
| Convertible notes payable - related party | 10,000 | 10,000 | ||
| Customer deposits | 540,683 | 598,327 | ||
| Operating lease liabilities - current | 129,520 | 171,641 | ||
| Total current liabilities | 1,750,107 | 1,921,481 | ||
| Loans payable - sba, net of current portion | 199,000 | 199,000 | ||
| Operating lease liabilities - long-term | 0 | 0 | ||
| Total long-term liabilities | 199,000 | 199,000 | ||
| Total liabilities | 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 | ||
| Additional paid-in capital | 12,077,069 | 12,076,716 | ||
| Accumulated deficit | -21,786,515 | -21,928,291 | ||
| Total stockholders' deficit | -1,102,360 | -1,244,489 | ||
| Total liabilities and stockholders' deficit | 846,747 | 875,992 | ||
Omnitek Engineering Corp (OMTK)
Omnitek Engineering Corp (OMTK)