Omnitek Engineering Corp

Previous wording

Operating expenses for the three months period ended June 30, 2025 were $167,855 compared with $175,546 for the three months period ended June 30, 2024, a decrease of $7,691. General and administrative expense for the three months period ended June 30, 2025 was $149,895 compared with $156,953 for the three months period ended June 30, 2024. Major components of general and administrative expenses for the three months period ended June 30, 2025 were professional fees of $37,998, rent expense of $10,430, and salaries and wages of $51,979. This compares with professional fees of $39,922, rent expense of $10,825 and salaries and wages of $57,103 for the three months period ended June 30, 2024. For the three months period ended June 30, 2025 research and development outlays were $16,996 compared with $17,629 for the three months period ended June 30, 2024.

Current wording

Operating expenses for the three-month period ended September 30, 2025 were $145,511 compared with $149,694 in the same period a year ago, a decrease of $4,183. General and administrative expense for the three-month period ended September 30, 2025 was $127,526 compared with $131,072 for the same period the prior year. Major components of general and administrative expenses for the three-month period ended September 30, 2025 were professional fees of $21,053, rent expense of $10,430, and salaries and wages of $48,862. This compares with professional fees of $14,588, rent expense of $10,695 and salaries and wages of $56,951 for the same prior-year period. For the three-month period ended September 30, 2025 research and development expense was $17,021 compared with $17,658 for the same period last year.

Previous wording

Our net income for the three months period ended June 30, 2025 was $125,853, or $0.01 per share, compared with a net loss of $108,356, or ($0.00) per share, for the three months period ended June 30, 2024.

Current wording

Our net income for the three-month period ended September 30, 2025 was $141,776, or $0.01 per share, compared with a net loss of $32,841, or ($0.00) per share, for the same period a year ago.

Previous wording

Results for the three months period ended June 30, 2025 reflect the impact of non-cash expenses, including the value of options granted in the amount of $3,437 and depreciation and amortization of $964. For the three month period ended June 30, 2024, non-cash expenses included options granted in the amount of $2,694, depreciation and amortization of $964.

Current wording

Results for the three-month period ended September 30, 2025 reflect the impact of non-cash expenses, including the value of options and warrants granted in the amount of $353 and depreciation and amortization of $964. For the same period in the prior year, non-cash expenses included options and warrants granted in the amount of $353 and depreciation and amortization of $964.

Previous wording

Our operating expenses for the six months period ended June 30, 2025 were $319,579 compared to $320,498 the six months period ended June 30, 2024, a decrease of $919. General and administrative expense for the six months period ended June 30, 2025 were $282,346 compared with $282,997 for the six months period ended June 30, 2024. Major components of general and administrative expenses for the six months period ended June 30, 2025 were professional fees of $56,916, rent expense of $21,649 and salaries and wages of $114,133. This compares with professional fees of $53,897, rent expense of $20,860, and salaries and wages of $107,840 for the six months period ended June 30, 2024. Research and development outlays were $35,305 for the six months period ended June 30, 2025 compared to $36,100 for the six months period ended June 30, 2024.

Current wording

Our operating expenses for the nine months period ended September 30, 2025 were $483,489 compared with $507,839 for the same period in the prior year, a decrease of $24,350 or 5%. General and administrative expense for the nine months ended September 30, 2025 was $428,270 compared with $451,716 for the same period in 2024. Major components of general and administrative expenses for the nine months ended September 30, 2025 were professional fees of $77,968, rent expense of $31,290 and salaries and wages of $156,701. This compares with professional fees of $68,485, rent expense of 32,344, and salaries and wages of $171,083 for the same period a year ago. Research and development expense was $52,326 for the nine months ended September 30, 2025 compared with $53,758 in 2024.

Previous wording

Our net income for the six months period ended June 30, 2025 was $99,193, or $0.00 per share, compared to a net loss of $174,814, or $0.01 per share, for the six months period ended June 30, 2024.

Current wording

Our net income for the nine months period ended September 30, 2025 was $240,968 or $0.01 per share, compared with a net loss of $207,655, or ($0.01) per share, in the prior year.

Previous wording

Results for the six months period ended June 30, 2025 reflect the impact of non-cash expenses, including the value of options granted in the amount of $3,782 and depreciation and amortization of $1,928. For the six-month period ended June 30, 2024, non-cash expenses included the value of options granted of $4,657 and depreciation and amortization of $1,401.

Current wording

Results for the nine months period ended September 30, 2025 reflect the impact of non-cash expenses, including the value of options and warrants granted in the amount of $4,135 and depreciation and amortization of $2,893. For the nine-month period in the prior-year, non-cash expenses included the value of options and warrants granted of $5,010 and depreciation and amortization of $2,365.

Previous wording

At June 30, 2025, our current liabilities totaled $1,921,481and our current assets totaled $712,376, resulting in negative working capital of $1,209,105.

Current wording

At September 30, 2025, our current liabilities totaled $1,750,107 and our current assets totaled $719,492 resulting in negative working capital of $1,030,615.

Previous wording

We have historically incurred significant losses, which have resulted in a total accumulated deficit of $21,928,291 at June 30, 2025.

Current wording

We have historically incurred significant losses, which have resulted in a total accumulated deficit of $21,786,515 at September 30, 2025.

Previous wording

We realized a negative cash flow from operations of $128,809 for the six months period ended June 30, 2025 compared with a negative cash flow of $29,514 during the six months period ended June 30, 2024. Included in the operating income of $99,193 for the six months period ended June 30, 2025 are non-cash expenses, which are not a drain on our capital resources. During the period, these non-cash expenses include the value of options granted in the amount of $3,782 and depreciation and amortization of $1,928. Additionally, the operating income included general and administrative expenses of $282,346 and research and development expenses of $35,305.

Current wording

Included in the operating income of $43,791 for the nine-month period ended September 30, 2025 are non-cash expenses, which are not a drain on our capital resources. During this period, these non-cash expenses included the value of options granted in the amount of $4,135 and depreciation and amortization of $2,893. Additionally, the operating loss included general and administrative expenses of $428,270 and research and development expenses of $52,326.

Previous wording

We realized $57,000 positive cash flow from financing activities for the six months period ended June 30, 2025, compared with $0.00 cash flow for the six month period ended June 30, 2024.

Current wording

We realized a $72,000 positive cash flow from financing activities for the nine months ended September 30, 2025 compared with $0.00 for the same period the prior year.

Previous wording

There was $0.00 cash flow from investing activities for the six month period ended June 20, 2024 compared with a negative $6,336 cash flow from investing activities for the six month period ended June 30, 2024.

Current wording

There was $0.00 cash flow from investing activities for the nine month period ended September 30, 2025 compared with a negative cash flow of $6,336 for the nine month period ended September 30, 2024.

Previous wording

Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are

Current wording

Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received.