SEATech Ventures Corp. (SEAV) Form 10-Q — May 13, 2026
SEATech Ventures Corp. reported a net profit of $1,459 for the quarter ended March 31, 2026, remaining a pre-revenue company with zero dollars in sales. General and administrative expenses fell significantly to $2,818 from $31,674 in the prior year, attributed to reduced personnel costs following officer resignations. The company disclosed material weaknesses in internal control over financial reporting and expressed substantial doubt about its ability to continue as a going concern within one year due to an accumulated deficit of $1,091,717 and a minimal cash balance of $460.
Key figures
- Eps
- 0
- Revenue
- 0
- Net Income
- 1459
- Total Assets
- 4687
- Cash Position
- 460
- Shares Outstanding
- 92562343
- Accumulated Deficit
- 1091717
- General and administrative expenses
- 2818
- Net cash used in operating activities
- -5
Price after filing
Close on the filing date to close N calendar days later (from $0.03). Historical, not a forecast.
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