OMTK · Omnitek Engineering Corp · Debt
Substantial doubt about the company's ability to continue as a going concern.
“These uncertainties cast substantial doubt upon the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.”View the 10-Q filed Aug 19, 2026
8 customers — 94% of revenue (the year ended December 31, 2025)
“Approximately eight customers accounted for 94% of revenue for the year ended December 31, 2025, and loss of any of these customers could adversely affect our results of operations, financial condition, and profitability.”
4 customers — 87% of revenue (the year ended December 31, 2025)
“During the year ended December 31, 2025 four customers accounted for approximately 87% of sales.”
2 customers — 77% of revenue (the year ended December 31, 2025)
“During the year ended December 31, 2025, two customers accounted for approximately 77% of sales.”
4 customers — 72% of revenue (the year ended December 31, 2024)
“During the year ended December 31, 2024, four customers accounted for approximately 72% of sales.”
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Convertible notes payable, including current maturities | 2026-06-30 | USD 10,000 | 10-Q filed 2026-08-19 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Current operating lease liabilities | 2026-06-30 | USD 0 | 10-Q filed 2026-08-19 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 0 | 10-Q filed 2026-08-19 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.