Advanced Oxygen Technologies Inc 10-Q for FY2026 Q2

Advanced Oxygen Technologies Inc (AOXY)

10-Q 2026-02-03 For: 2025-12-31

Added on April 06, 2026

About this 10-Q

Advanced Oxygen Technologies Inc filed this 10-Q on February 3, 2026, covering the quarter ended December 31, 2025 (FY2026 Q2).

Headline figures

Quarter ended December 31, 2025, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $11.72K; down 11.6% from $13.26K a year earlier
Net income: $2649; down 48.6% from net income of $5152 a year earlier
Diluted EPS: $0.00; compared with $0.00 a year earlier

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Delaware	0-9951	91-1143622
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

Title of Class		Trading Symbol		Name of each exchange on which registered
Common Stock, $0.01 Par Value		AOXY		OTC: PINK

Large Accelerated Filer	☐	Accelerated Filer	☐
Non-Accelerated Filer	☒	Smaller Reporting Company	☒
Emerging Growth Company	☐

	INDEX	Page
PART I

Item I:	Financial Statements (unaudited)	3
	Condensed Consolidated Balance Sheets as of December 31, 2025 (unaudited) and June 30, 2025	3
	Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the three and six months ended December 31, 2025 and December 31, 2024 (unaudited)	4
	Condensed Consolidated Statements of Stockholders’ Equity for the three and six months ended December 31, 2025 and December 31, 2024 (unaudited)	5
	Condensed Consolidated Statements of Cash Flows for the six months ended December 31, 2025 and December 31, 2024 (unaudited)	7
	Notes to the Condensed Consolidated Financial Statements	8

Item 2:	Management’s Discussion and Analysis of Financial Condition and Results of Operations	20
Item 3:	Quantitative and Qualitative Disclosures about Market Risk	21
Item 4:	Controls and Procedures	21

PART II

Item 1:	Legal Proceedings	22
Item 2:	Unregistered Sales of Equity Securities and Use of Proceeds	22
Item 3:	Defaults Upon Senior Securities	22
Item 4:	Mine Safety Disclosures	22
Item 5:	Other Information	22
Item 6.	Exhibits and Reports on Form 8-K	23
Signature		24

EXHIBIT 31.1, 31.2 Certifications of Officers		EX 31
EXHIBIT 32.1, 32.2 Certifications of Officers		EX 32
EXHIBIT 101.INS Inline XBRL Instance		EX 101.INS
EXHIBIT 101.SCH Inline XBRL Taxonomy Extension Schema Document		EX 101.SCH
EXHIBIT 101.CAL Inline XBRL Taxonomy Extension Calculation Document		EX 101.CAL
EXHIBIT 101.DEF Inline XBRL Taxonomy Extension Definition Document		EX 101.DEF
EXHIBIT 101.LAB Inline XBRL Taxonomy Extension Labels Document		EX 101.LAB
EXHIBIT 101.PRE Inline XBRL Taxonomy Extension Presentation Document		EX 101.PRE

	December 31, 2025			June 30, 2025
ASSETS	(Unaudited)

CURRENT ASSETS
Cash	$	33,958		$	57,225
Property tax receivable		1,252			1,251
Total Current Assets		35,210			58,476

Property and equipment		634,941			634,601
TOTAL ASSETS	$	670,151		$	693,077

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable		1,800			2,200
Contract liabilities		3,283			3,281
Taxes payable		95,683			88,979
Current Portion of Notes Payable		127,029			-
Advances from a related party		26,346			55,974
Total Current Liabilities		254,141			150,434

Long Term Liabilities
Notes payable, net of current portion		-			127,029
Total Long-term Liabilities		-			127,029

Total Liabilities		254,141			277,463

STOCKHOLDERS’ EQUITY-
Convertible preferred stock, Series 2, par value $0.01; authorized 10,000,000 shares; issued and outstanding 5,000 at December 31, 2025 and June 30, 2025		50			50
Convertible preferred stock, Series 3, par value $0.01; authorized 1,670,000 shares; zero shares issued and outstanding		-			-
Convertible preferred stock, Series 5; no par value,1 share authorized and zero shares issued and outstanding.		-			-
Common stock, par value $0.01; At December 31, 2025 and June 30, 2025, authorized 60,000,000 shares; issued and outstanding 3,292,945 shares and 3,292,945 shares, respectively		32,929			32,929
Additional paid-in capital		21,057,116			21,057,116
Accumulated other comprehensive income (loss)		79,344			78,152
Accumulated deficit		(20,753,429	)		(20,752,633	)
TOTAL STOCKHOLDERS’ EQUITY		416,010			415,614
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	670,151		$	693,077

☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: December 31, 2025

☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

	For the transition period from: _____________ to _____________

	For the three months ended December 31,					For the six months ended December 31,
	2025		2024			2025			2024
Revenues
Rent Revenues	$	11,724	$	13,256		$	23,505		$	24,141
Total Revenues		11,724		13,256			23,505			24,141

Operating Expenses
General and Administrative		2,051		1,512			3,345			3,552
Professional fees		4,500		4,000			15,960			15,019
Total Operating Expenses		6,551		5,512			19,305			18,571

Income from operations		5,173		7,744			4,200			5,570
Other income (expense)
Gain on Tax Settlement		-		352			-			352
Total Other Income		-		352			-			352

Income Before Income Taxes		5,173		8,096			4,200			5,922
Income Taxes Expense		2,524		2,944			4,996			5,245

NET INCOME (LOSS)	$	2,649	$	5,152		$	(796	)	$	677

Weighted Average number of common shares outstanding
Basic		3,292,945		3,292,945			3,292,945			3,292,945
Dilutive		3,302,945		3,302,945			3,292,945			3,302,945

Basic earnings per Share	$	0.00	$	0.00		$	(0.00	)	$	0.00
Dilutive earnings per Share	$	0.00	$	0.00		$	(0.00	)	$	0.00

OTHER COMPREHENSIVE INCOME (LOSS)
NET INCOME (LOSS)	$	2,649	$	5,152		$	(796	)	$	677
Foreign Currency Translation Adjustments	$	555	$	(51,438	)	$	1,192		$	(20,694	)
TOTAL COMPREHENSIVE INCOME (LOSS)	$	3,204	$	(46,286	)	$	396		$	(20,017	)

	Preferred Stock Convertible Series 2				Common Stock				Additional Paid In		Accumulated			Accumulated Other Comprehensive Income			Total Stockholders’
	Shares		Amount		Shares		Amount		Capital		Deficit			(Loss)			Equity
Balance at June 30, 2024		5,000		50		3,292,945		32,929		21,057,116		(20,756,771	)		8,613			341,937
Net income		-		-		-		-		-		677			-			677
Foreign Currency Translation Adjustment		-		-		-		-		-		-			(20,694	)		(20,694	)

Balance at December 31, 2024		5,000		50		3,292,945		32,929		21,057,116		(20,756,094	)		(12,081	)		321,920

Balance at June 30, 2025		5,000		50		3,292,945		32,929		21,057,116		(20,752,633	)		78,152			415,614
Net income (loss)		-		-		-		-		-		(796	)		-			(796	)
Foreign Currency Translation Adjustment		-		-		-		-		-		-			1,192			1,192

Balance at December 31, 2025		5,000		50		3,292,945		32,929		21,057,116		(20,753,429	)		79,344			416,010

	For the Six Months Ended December 31,
	2025			2024
Cash flows from operating activities:

Net Income (Loss)	$	(796	)		677
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Expenses paid on behalf of the company by a related party		18,910			16,519
Changes in operating assets and liabilities
Accounts payable and accrued liabilities		(398	)		1,503
Taxes payable		7,342			(1,873	)
Net cash provided by operating activities		25,058			16,826

Cash flow from financing activities:
Repayment of related party debt		(48,538	)		(45,080	)
Repayment of long-term debt		-			-
Net cash used in financing activities		(48,538	)		(45,080	)
Change due to Foreign Currency Translation		213			(208	)
NET CHANGE IN CASH		(23,267	)		(29,919	)

Cash at beginning of period	$	57,225		$	94,482
Cash at end of period	$	33,958		$	64,563
Supplemental Disclosures of Cash Flow Information
Cash paid for Interest	$	-		$	-
Cash paid for Income taxes	$	2,524		$	5,245

	Three Months Ended December 31,
Revenue Type	2025		2024
Real Estate Rental	$	11,724	$	13,256
Commission Revenues		-		-
Total Sales by Revenue Type	$	11,724	$	13,256

	Six Months Ended December 31,
Revenue Type	2025		2024
Real Estate Rental	$	23,505	$	24,141
Commission Revenues		-		-
Total Sales by Revenue Type	$	23,505	$	24,141

	Geographic Regions
	for the Three Months Ended December 31,
Revenue Type	2025		2024
International	$	11,724	$	13,256
Domestic		-		-
Total Sales by Geographic Location	$	11,724	$	13,256

	Geographic Regions
	for the Six Months Ended December 31,
Revenue Type	2025		2024
International	$	23,505	$	24,141
Domestic		-		-
Total Sales by Geographic Location	$	23,505	$	24,141

Fiscal Year Ending	Amount
2026		-
2027		127,029
Total	$	127,029
Less: Long-term portion of notes payable		-
Notes payable, current portion	$	127,029

	●	The ANV lease segment which leases land in Denmark by long term leases.
	●	The Sharx’s segment which generate commissions for the sale cargo security products.
	●	The Corporate segment, Advanced Oxygen Technologies, Inc. which does not generate revenues, but has administrative expenses.

	Six Months Ending December 31,
	2025			2024

Revenue by segment
Lease revenues	$	23,505		$	24,141
Commission revenues from security product sales		-			-
Corporate revenues		-			-
Total revenue	$	23,505		$	24,141

Segment profitability
Lease income (loss)	$	22,710		$	18,595
Commission income (loss) from security product sales		-			-
Corporate income (loss)		(18,510	)		(17,918	)
Total segment profitability	$	4,200		$	677

	Three Months Ending December 31,
	2025			2024

Revenue by segment
Lease revenues	$	11,724		$	13,256
Commission revenues from security product sales		-			-
Corporate revenues		-			-
Total revenue	$	11,724		$	13,256

Segment profitability
Lease income	$	11,473		$	10,426
Commission income (loss) from security product sales		-			-
Corporate (loss)		(6,300	)		(5,274	)
Total segment profitability	$	5,173		$	5,152

Three Months Ending December 31:	2025		2024
Net Sales
United States	$	-	$	-
Denmark		11,724		13,256
Total	$	11,724	$	13,256

As of December 31, 2025 and June 30, 2025	Dec 31, 2025		June 30, 2025
Long-Lived Assets
United States	$	-	$	-
Denmark		634,941		634,601
Total	$	634,941	$	634,601

Six Months Ending December 31:	2025		2024
Net Sales
United States	$	-	$	-
Denmark		23,505		24,141
Total	$	23,505	$	24,141

Three Months Ending December 31, 2025
	ANV		Sharx		Corporate			Total

Net sales	$	11,724	$	-	$	-		$	11,724
Operating income (loss)	$	11,473	$	-	$	(6,300	)	$	5,173
Interest expense	$	-	$	-	$	-		$	-
Total assets	$	670,001	$	-	$	150		$	670,151

Three Months Ending December 31, 2024
	ANV			Sharx		Corporate			Total

Net sales	$	13,256		$	-	$	-		$	13,256
Operating income (loss)	$	13,018		$	-	$	(5,274	)	$	7,744
Interest expense	$	(352	)	$	-	$	-		$	(352	)
Total assets	$	682,863		$	-	$	150		$	629,013

Six Months Ending December 31, 2025
	ANV		Sharx		Corporate			Total

Net sales	$	23,505	$	-	$	-		$	23,505
Operating income (loss)	$	22,710	$	-	$	(18,510	)	$	4,200
Interest expense	$	-	$	-	$	-		$	-
Total assets	$	670,001	$	-	$	150		$	670,151

Six Months Ending December 31, 2024
	ANV			Sharx		Corporate			Total

Net sales	$	24,141		$	-	$	-		$	24,141
Operating income (loss)	$	23,488		$	-	$	(17,918	)	$	5,570
Interest expense	$	(352	)	$	-	$	-		$	(352	)
Total assets	$	628,863		$	-	$	150		$	629,013

Three months ending December 31,	2025		2024
Subsidiary ANV Lease Revenues	$	11,724	$	13,256
Subsidiary Sharx commissions from the sales of cargo security products		-		-
Total	$	11,724	$	13,256

Exhibit Number		Description of the Document
3.1		Certificate of Incorporation as Amended and filed with the Secretary of State of Delaware effective on December 5, 2014(1)
3.2		Bylaws(2)
31.1*		Certification of Chief Executive Officer pursuant to Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*		Certification of Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*		Certification of Chief Executive Officer in accordance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*		Certification of Chief Financial Officer in accordance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

1.	I have reviewed this Quarterly Report on Form 10-Q for the 6 month period ended December 31, 2025 of Advanced Oxygen Technologies, Inc.;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of and for, the periods presented in this report;

4.	I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

	(a)	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	(b)	designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

	(c)	evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

	(d)	disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

	(a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	(b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: February 3, 2026	By:	/s/ Robert Wolfe
		Robert Wolfe
		Chief Executive Officer

	(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

	(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.