Ameritek Ventures, Inc. reported significant changes in its financial performance for the fiscal year ending December 31, 2025, as it transitioned from a software-focused business model to real estate and battery manufacturing. The company recorded no revenue in 2025, a stark contrast to the $678,300 generated in 2024. This shift resulted in an operating loss of $2,709,326 for 2025, compared to an operating income of $219,332 in the previous year. The net loss for the year was $6,384,392, a significant decline from the net income of $13,518,894 reported in 2024.
The increase in operating expenses to $2,709,326 from $458,968 in 2024 was primarily attributed to a stock compensation issuance of $477,722 and an impairment loss of $2,117,676. The company had no development and support expenses in 2025, reflecting its exit from software operations, while general and administrative expenses decreased slightly to $95,874 from $132,398 in 2024. The unrealized loss on investment in ZenaTech, Inc. amounted to $3,582,515, contrasting sharply with a gain of $13,461,645 in the prior year.
Strategically, Ameritek Ventures made notable acquisitions and divestitures during the reporting period. The company sold Ecker Capital, LLC to ZenaTech, Inc. on October 1, 2024, and subsequently acquired Galaxy Batteries, Inc. from Epazz, Inc. on August 14, 2025. Ameritek's current focus includes solid-state batteries, adaptive manufacturing, robotic manufacturing, and luxury corporate housing through its newly formed subsidiary, Chicago Real Estate Partners, LLC. The company began purchasing luxury condominiums in Chicago in the third quarter of 2025, with plans for geographic expansion into other major cities.
As of December 31, 2025, Ameritek had a cash balance of $2,543, a significant increase from no cash reported in 2024. The company continues to rely on related-party financing and other external sources to fund its operations, which raises concerns about its ability to continue as a going concern. The company’s current liabilities stood at $2,234,311, leading to a working capital deficit of $2,231,768. Despite these challenges, Ameritek Ventures expects to meet its cash requirements through cash equivalents, short-term investments, and potential equity or debt securities issuance, depending on market conditions.
Looking ahead, Ameritek Ventures is focused on establishing its new business model in real estate and battery manufacturing. The company plans to continue its operations in the luxury housing market while divesting from its remaining software-related businesses. The management's outlook remains cautious, given the substantial losses incurred in 2025 and the ongoing reliance on external financing to support its operations.
About Ameritek Ventures, Inc.
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