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Lifeloc Technologies, Inc

For the period ended Mar 31, 2025. Filed May 15, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 15, 2025

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to

Commission file number 000-54319

(Exact name of registrant as specified in its charter)

Colorado84-1053680
(State or other jurisdiction of(I.R.S. Employer Identification No.)
incorporation or organization)

12441 West 49th Ave., Unit 4

Wheat Ridge, Colorado 80033

(Address of principal executive offices)

(303)431-9500

(Registrant's telephone number)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockLCTCN/A

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☐ No ☒*****

  • The registrant is a voluntary filer of reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934, and has filed all such reports during the preceding 12 months.

Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐
Non-accelerated filer ☐Smaller reporting company ☒
(Do not check if a smaller reporting company)
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒

Indicate the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:

Common Stock, no par value2,752,616 Shares
(Class)(outstanding at March 31, 2025)

FORM 10-Q

For the Three Months Ended March 31, 2025

INDEX

Page
Number
PART I.FINANCIAL INFORMATION3
ITEM 1FINANCIAL STATEMENTS (UNAUDITED)3
Condensed Balance Sheets as of March 31, 2025 (Unaudited) and December 31, 20243
Condensed Statements of (Loss) (Unaudited) for the three months ended March 31, 2025 and 20244
Statements of Changes in Stockholders' Equity (Unaudited) for the three months ended March 31, 2025 and 20245
Condensed Statements of Cash Flows (Unaudited) for the three months ended March 31, 2025 and 20246
Notes to Condensed Financial Statements (Unaudited)7
ITEM 2MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS13
ITEM 3QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK18
ITEM 4CONTROLS AND PROCEDURES18
PART II.OTHER INFORMATION19
ITEM 1LEGAL PROCEEDINGS19
ITEM 1ARISK FACTORS19
ITEM 2UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS19
ITEM 3DEFAULTS UPON SENIOR SECURITIES19
ITEM 4MINE SAFETY DISCLOSURES19
ITEM 5OTHER INFORMATION19
ITEM 6EXHIBITS20
SIGNATURES21
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.