SecureTech Innovations (SCTH) 10-K 1 May 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	May 01, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-55927
Entity Registrant Name	SecureTech Innovations, Inc.
Entity Central Index Key	0001703157
Entity Tax Identification Number	82-0972782
Entity Incorporation, State or Country Code	WY
Entity Address, Address Line One	2355 Highway 36 West
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Roseville
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55113
City Area Code	(651) 317-8990
Local Phone Number	317-8990
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 25,480,410
Entity Common Stock, Shares Outstanding		78,071,881
Document Financial Statement Error Correction [Flag]	false
Auditor Name	M&K CPAS, PLLC
Auditor Firm ID	2738
Auditor Location	The Woodlands, TX

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and equivalents	$ 5,987	$ 138,318
Inventories	13,656	27,549
Deposits	1,088	30,674
Total current assets	20,731	196,541
Property and equipment, net	3,486	4,470
Total assets:	24,217	201,011
Current liabilities:
Accounts payable	45,879	1,565
Credit cards payable	14,564	13,194
Accrued payroll	112,328	5,679
Taxes payable	317	5,153
Total current liabilities	173,088	25,591
Total liabilities	173,088	25,591
Stockholders’ equity:
Preferred stock, $0.001 par value, 50,000,000 shares authorized;     3,200 and -0- shares issued and outstanding,     respectively	3
Common stock, $0.001 par value, 500,000,000 shares authorized;     79,862,655 and 111,839,085 shares issued and outstanding,     respectively	79,863	111,839
Additional paid-in capital	1,076,391	1,000,239
Accumulated deficit	(1,305,128)	(936,658)
Total stockholders’ equity (deficit)	(148,871)	175,420
Total liabilities and stockholders’ equity	$ 24,217	$ 201,011

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2023	May 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	50,000,000	250,000	50,000,000
Preferred Stock, Shares Issued	3,200		0
Preferred Stock, Shares Outstanding	3,200		0
Common Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Common Stock, Shares Authorized	500,000,000		500,000,000
Common Stock, Shares, Issued	79,862,655		111,839,085
Common Stock, Shares, Outstanding	79,862,655		111,839,085

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Sales	$ 48,024	$ 46,803
Cost of goods sold	12,429	12,674
Gross profit	35,595	34,129
Expenses:
General and administrative	395,358	504,316
Research and development	8,501	12,074
Total operating expenses	403,859	516,390
(Loss) from operations	(368,264)	(482,261)
Other income (expense)	(206)	1,334
Provision for income taxes
Net (loss)	$ (368,470)	$ (480,927)
Loss per share,    basic and diluted	$ 0	$ 0
Weighted average number of common shares     outstanding, basic and diluted	93,857,961	111,929,796

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2021		$ 113,336	$ 592,899	$ 455,731	$ 250,504
Shares, Issued at Dec. 31, 2021		113,336,300
Issuance of common shares for cash		$ 189	224,812		225,001
Issuance of common shares for cash, shares		188,785
Cancellation of common shares		$ (1,700)	1,700
Cancellation of common shares, shares		(1,700,000)
Exercise of $0.50 warrants into common shares		$ 14	6,986		7,000
Exercise of warrants into common shares, shares		14,000
Stock option expense			173,842		173,842
Patent royalty contribution
Net loss				(480,927)	(480,927)
Ending balance, value at Dec. 31, 2022		$ 111,839	1,000,239	936,658	175,420
Shares, Issued at Dec. 31, 2022		111,839,085
Issuance of common shares for cash		$ 24	41,226		$ 41,250
Issuance of common shares for cash, shares		23,570			23,570
Stock option expense
Share exchange – related party	$ 2	$ (25,000)	24,998
Shares	2,500	(25,000,000)
Share exchange – unrelated	$ 1	$ (7,000)	6,999
Shares	700	(7,000,000)
Patent royalty contribution			2,929		2,929
Net loss				(368,470)	(368,470)
Ending balance, value at Dec. 31, 2023	$ 3	$ 79,863	$ 1,076,391	$ (1,305,128)	$ (148,871)
Shares, Issued at Dec. 31, 2023	3,200	79,862,655

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY (Parenthetical)	Dec. 31, 2022 $ / shares
Statement of Stockholders' Equity [Abstract]
Warrant Exercise Price per share	$ 0.50

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net (loss)	$ (368,470)	$ (480,927)
Adjustments to reconcile net (loss) to net cash used in operating activities:
Depreciation	984	536
Loss on disposal of assets		812
Stock option expense		173,842
Patent royalty expense	2,929
Changes in operating assets and liabilities:
Decrease (increase) in inventories	13,893	12,426
Increase (decrease) in accounts payable	44,314	405
Increase (decrease) in credit cards payable	1,370	13,194
Increase (decrease) in accrued payroll	106,649	5,679
Decrease (increase) in deposits	29,586	(30,674)
Increase (decrease) in taxes payable	(4,836)	2,816
Net cash used in operating activities	(173,581)	(301,891)
Cash flows from investing activities:
Acquisition of office equipment		(5,818)
Net cash used in investing activities		(5,818)
Cash flows from financing activities:
Issuance of common stock for cash	41,250	225,001
Exercise of $0.50 warrants into common shares for cash		7,000
Net cash provided by financing activities	41,250	232,001
Net increase (decrease) in cash	(132,331)	(75,708)
Cash – beginning of period	138,318	214,026
Cash – end of period	5,987	138,318
Cash paid for interest	2,241
Non-cash financing activities:
Exchange of common shares for preferred shares – related party	25,000
Exchange of common shares for preferred shares – unrelated	7,000
Cancellation of common shares		$ 1,700

NOTE 1 _ Summary of Significant

NOTE 1 – Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
NOTE 1 – Summary of Significant Accounting Policies	NOTE 1 – Summary of Significant Accounting Policies Organization SecureTech Innovations, Inc. (“ Company SecureTech Piranha SecureTech is an emerging company focused on developing and marketing advanced security and safety technologies. SecureTech’s products preserve life, protect property, and prevent crime. Under the Top Kontrol brand, SecureTech currently sells the world’s only anti-theft and anti-carjacking automobile security and safety system. Under its wholly-owned Piranha subsidiaries, SecureTech intends to develop and acquire secure green energy data centers, advanced cybersecurity technologies, and blockchain and cryptocurrency systems and platforms for mining, storage, and trading exchanges. Basis of Presentation US GAAP SEC Use of Estimates The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities depends on future events, the preparation of financial statements for a period necessarily involves the use of estimates made using careful judgment. Actual results may vary from these estimates. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. As of December 31, 2023 and 2022, the Company had no cash equivalents. Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, require an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level Description Level 1 Applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Inventory and Cost of Sales Inventories are stated at the lower of cost or realizable value, using the weighted average cost method. When an impairment indicator suggests that the carrying amounts of inventories might not be recoverable, the Company reviews such carrying amounts and estimates the net realizable value based on the most reliable evidence available at that time. An impairment loss is recorded if the net realizable value is less than the carrying value. Impairment indicators considered for these purposes are, among others, obsolescence, decrease in market prices, damage, and a firm commitment to sell. Deposits Refundable deposits are carried on the Company’s balance sheet at their fair market refundable value under current assets. Net Loss per Share Calculation Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share is calculated similarly to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. SecureTech excludes all potentially dilutive securities from its diluted net loss per share computation since their effect would be anti-dilutive because SecureTech recorded a loss for the fiscal years ended December 31, 2023 and 2022. The Company had no dilutive securities outstanding as of December 31, 2023 and 2022. Property and Equipment and Depreciation Property and equipment are recorded at cost and are depreciated using the straight-line method over their estimated useful lives in years as follows: Computer software and equipment 2 - 15 Furniture, fixtures, and equipment 3 - 10 Leasehold improvements Life of Lease Repair and maintenance costs are expensed as incurred. Costs associated with improvements that extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on the disposition of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. Depreciation expenses totaled $ 984 $536 December 31, 2023 2022 Accumulated Depreciation Computer software and equipment $ 984 $ 536 $ 1,520 Furniture, fixtures, and equipment — — — Leasehold improvements — — — $ 984 $ 536 $ 1,520 Revenue Recognition The Company’s primary source of revenue is from the sale of our Top Kontrol product. www.topkontrol.com Because of this professional installation requirement, the Company sells its products to and through Authorized Dealers and independent Certified Top Kontrol Technicians. When the Company sells directly to the end-user, product installation must be performed by authorized Company personnel or a third-party Certified Top Kontrol Technician to avoid voiding the Top Kontrol limited liability warranty. Revenue Recognition; ASC 606 Five-Step Model Under ASC 606, the Company recognizes revenue from the sale of service contracts by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. Revenue Recognition; General Right of Return Customers are allowed to return goods that are defective (warranty returns). In some instances, customers may be allowed to return a limited number of units for periodic stock adjustment returns. Such stock adjustment returns would be limited to no more than 5% of their total units sold. As is standard in the industry, we only will accept returns from active customers. If a customer ceases doing business with us, we have no further obligation to accept additional product returns from that customer. Revenue Recognition; Concentration As of December 31, 2023, the Company had two customers who are Authorized Dealers, each comprised in excess of 10% of the Company’s overall revenue. In aggregate, these two dealers represented 54.3% of the Company’s revenue for the fiscal year ended December 31, 2023. Income Taxes The Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes. Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences. The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the following majority-owned subsidiaries in December 31, 2023: Subsidiary Percentage Owned Piranha Blockchain, Inc. 100.0 % Piranha Blockchain, Ltd. 100.0 % Advertising Costs The Company's advertising costs consist primarily of digital and Internet marketing. Advertising costs are expensed as incurred. Advertising costs totaled $43,419 and $15,612 for the fiscal years ended December 31, 2023, and 2022, respectively. Fiscal Year The Company elected December 31st for its fiscal year-end. Recent Accounting Pronouncements There are various updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to a have a material impact on the Company’s financial position, results of operations or cash flows.

NOTE 2 _ GOING CONCERN

NOTE 2 – GOING CONCERN	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 2 – GOING CONCERN	NOTE 2 – GOING CONCERN The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying financial statements during the fiscal year ended December 31, 2023, the Company has not established a source of revenues sufficient to cover its operating costs. As such, it has incurred an operating loss since its inception. Further, as of December 31, 2023, the Company had an accumulated deficit of ($1,305,128) The Company’s existence depends on management’s ability to develop profitable operations and obtain additional financing sources. There can be no assurance that the Company’s financing efforts will result in profitable operations or resolve the Company’s liquidity problems. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.

NOTE 3 _ INVENTORIES

NOTE 3 – INVENTORIES	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
NOTE 3 – INVENTORIES	NOTE 3 – INVENTORIES Inventory is stated at the lower of cost or realizable value, using the weighted average cost method. When an impairment indicator suggests that the carrying amounts of inventories might not be recoverable, the Company reviews such carrying amounts and estimates the net realizable value based on the most reliable evidence available at that time. An impairment loss is recorded if the net realizable value is less than the carrying value. Impairment indicators considered for these purposes are, among others, obsolescence, decrease in market prices, damage, and a firm commitment to sell. The following table summarizes the Company’s inventories as of December 31, 2023 and 2022: December 31, 2023 2022 Inventories: Raw materials and work-in-progress $ 1,925 $ 2,185 Finished goods 11,731 25,364 Gross inventories 13,656 27,549 Inventory valuation reserves — — Inventories, net $ 13,656 $ 27,549

NOTE 4 _ INCOME TAXES

NOTE 4 – INCOME TAXES	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
NOTE 4 – INCOME TAXES	NOTE 4 – INCOME TAXES The provision (benefit) for income taxes for the years ended December 31, 2023 and 2022 were as follows, assuming a 21% effective tax rate: For the fiscal year ended December 31, 2023 2022 Current tax provision: Federal Taxable income $ — $ — Total current tax provision $ — $ — Deferred tax provision: Federal Loss carryforwards $ 274,077 $ 196,698 Change in valuation allowance (274,077 ) (196,698 ) Total deferred tax provision $ — $ — As of December 31, 2023, the Company had approximately $1,305,128 The Company provided a valuation allowance equal to the deferred income tax assets for the period from March 2, 2017 (inception) to December 31, 2023, because it is not presently known whether future taxable income will be sufficient to utilize the tax loss carryforwards. The Company has no uncertain tax positions.

NOTE 5 _ STOCKHOLDERS_ EQUITY

NOTE 5 – STOCKHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
NOTE 5 – STOCKHOLDERS’ EQUITY	NOTE 5 – STOCKHOLDERS’ EQUITY Preferred stock The Company has authorized 50,000,000 $0.001 On May 31, 2023, the Company’s Board of Directors created a new class of preferred stock designated as Series A Preferred Stock, $0.001 250,000 Designation and Amount This class of preferred stock shall be designated Series A Preferred Stock (“ Preferred Stock Rank The Preferred Stock shall rank superior to the Corporation’s common stock and all other classes, including currently outstanding or future preferred stock designations. Dividends The Preferred Stock is eligible for all legal dividends as may be approved by the Corporation’s Board of Directors. If a dividend is declared across multiple classes of stock, the amount of any dividend to be received by holders of the Preferred Stock shall be calculated on a fully diluted, pro-rata basis with the other classes of stock participating in said dividend. Voting Rights Holders of the Preferred Stock shall have the right to vote on all matters with holders of common stock (and other eligible classes of preferred stock, if any) by aggregating votes into one (1) voting class of stock. Each share of Preferred Stock shall have ten thousand (10,000) votes Redemption by the Company After a minimum period of one (1) year from the date of issue the Company may, at its sole discretion, redeem some or all of the Preferred Stock in either cash (the then market value), the Company’s common stock at a fixed ratio of ten thousand (10,000) shares of common stock for each share of Preferred Stock redeemed, or a combination thereof. During the fiscal year ended December 31, 2023, the Company issued 3,200 Series A Preferred Stock shares pursuant to Share Exchange Agreements with four stockholders. As of December 31, 2023, the Company had one class of preferred stock, Series A Preferred Stock, and 3,200 Common stock The Company has authorized 500,000,000 $0.001 Share Issuances During the fiscal ended December 31, 2023, the Company sold an aggregate of 23,570 $0.001 $41,250 $1.75 Share Exchange and Cancellations During the fiscal year ended December 31, 2023, the Company entered into a series of Share Exchange Agreements whereby it issued 3,200 32,000,000 25,000,000 2,500 All of the shares of common stock received in this stock exchange were subsequently canceled. No consideration was paid or received in connection to the share exchange. As of December 31, 2023, the Company had 79,862,655

NOTE 6 _ WARRANTS

NOTE 6 – WARRANTS	12 Months Ended
	Dec. 31, 2023
Note 6 Warrants
NOTE 6 – WARRANTS	NOTE 6 – WARRANTS As of December 31, 2023, the Company had no warrants issued or outstanding.

NOTE 7 _ STOCK OPTIONS

NOTE 7 – STOCK OPTIONS	12 Months Ended
	Dec. 31, 2023
Note 7 Stock Options
NOTE 7 – STOCK OPTIONS	NOTE 7 – STOCK OPTIONS As of December 31, 2023, the Company had no stock options issued or outstanding.

NOTE 8 _ RELATED PARTY TRANSACT

NOTE 8 – RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
NOTE 8 – RELATED PARTY TRANSACTIONS	NOTE 8 – RELATED PARTY TRANSACTIONS Founder’s Shares On March 2, 2017, the Company issued an aggregate of 175,000,000 $0.001 0 Of these Founder’s Shares, 80,000,000 75,000,000 20,000,000 Share Exchange and Cancellations During the fiscal year ended December 31, 2023, the Company entered into a Share Exchange Agreement with its President and CEO, Kao Lee, whereby it issued 2,500 shares of its Series A Preferred Stock in exchange for an aggregate of 25,000,000 shares of its common stock. The common shares tendered by Mr. Lee were canceled and returned to the Company’s Treasury. Accrued Payroll As of December 31, 2023, the Company had aggregated $ 63,090 $58,500 $4,590 Patent Royalties On March 2, 2017, SecureTech entered into a Patent License Agreement with Shongkawh, LLC, which is controlled by our executive officers Kao Lee and Anthony Vang (and directly owned by Mr. Lee and his brother, Thao Lee). Under this agreement, ShongKawh is to receive a royalty of 2% of all products manufactured under this covered patent. As of December 31, 2023, ShongKawh accrued $ 2,929

NOTE 9 _ CONTINGENCY_LEGAL

NOTE 9 – CONTINGENCY/LEGAL	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
NOTE 9 – CONTINGENCY/LEGAL	NOTE 9 – CONTINGENCY/LEGAL As of December 31, 2023, and during the past ten years, no director, person nominated to become a director, executive officer, or promoter of SecureTech has been involved in any legal proceeding that would require disclosure hereunder. From time to time, we may become subject to various legal proceedings and claims that arise in the ordinary course of our business activities. However, litigation is subject to inherent uncertainties for which the ultimate outcome cannot be predicted. Any adverse result in these or other legal matters could arise and cause harm to our business. We currently are not a party to any claim or litigation.

NOTE 10 _ SUBSEQUENT EVENTS

NOTE 10 – SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
NOTE 10 – SUBSEQUENT EVENTS	NOTE 10 – SUBSEQUENT EVENTS Common Stock Issuance On April 19, 2024, the Company sold an aggregate of 5,000 $5,000 $1.00 Common Stock Repurchase On January 30, 2024, the Company repurchased 100,000 $3,000 $0.03 As of May 1, 2024, the shares have yet to be transferred to the Company. When the share transfer is completed, the Company intends to cancel the shares and return them to the Treasury. Share Exchange and Cancellations On January 16, 2024, a shareholder entered into a Share Exchange Agreement whereby the Company issued 200 1,795,774 As of May 1, 2024, the Company had 78,071,881 As of May 1, 2024, the Company had one class of preferred stock, Series A Preferred Stock, with 3,400 No other material events or transactions have occurred during this subsequent event reporting period that required recognition or disclosure in the financial statements.

NOTE 1 _ Summary of Significa_2

NOTE 1 – Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Organization	Organization SecureTech Innovations, Inc. (“ Company SecureTech Piranha SecureTech is an emerging company focused on developing and marketing advanced security and safety technologies. SecureTech’s products preserve life, protect property, and prevent crime. Under the Top Kontrol brand, SecureTech currently sells the world’s only anti-theft and anti-carjacking automobile security and safety system. Under its wholly-owned Piranha subsidiaries, SecureTech intends to develop and acquire secure green energy data centers, advanced cybersecurity technologies, and blockchain and cryptocurrency systems and platforms for mining, storage, and trading exchanges.
Basis of Presentation	Basis of Presentation US GAAP SEC
Use of Estimates	Use of Estimates The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities depends on future events, the preparation of financial statements for a period necessarily involves the use of estimates made using careful judgment. Actual results may vary from these estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. As of December 31, 2023 and 2022, the Company had no cash equivalents.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, require an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level Description Level 1 Applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
Inventory and Cost of Sales	Inventory and Cost of Sales Inventories are stated at the lower of cost or realizable value, using the weighted average cost method. When an impairment indicator suggests that the carrying amounts of inventories might not be recoverable, the Company reviews such carrying amounts and estimates the net realizable value based on the most reliable evidence available at that time. An impairment loss is recorded if the net realizable value is less than the carrying value. Impairment indicators considered for these purposes are, among others, obsolescence, decrease in market prices, damage, and a firm commitment to sell.
Deposits	Deposits Refundable deposits are carried on the Company’s balance sheet at their fair market refundable value under current assets.
Net Loss per Share Calculation	Net Loss per Share Calculation Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share is calculated similarly to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. SecureTech excludes all potentially dilutive securities from its diluted net loss per share computation since their effect would be anti-dilutive because SecureTech recorded a loss for the fiscal years ended December 31, 2023 and 2022. The Company had no dilutive securities outstanding as of December 31, 2023 and 2022.
Property and Equipment and Depreciation	Property and Equipment and Depreciation Property and equipment are recorded at cost and are depreciated using the straight-line method over their estimated useful lives in years as follows: Computer software and equipment 2 - 15 Furniture, fixtures, and equipment 3 - 10 Leasehold improvements Life of Lease Repair and maintenance costs are expensed as incurred. Costs associated with improvements that extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on the disposition of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. Depreciation expenses totaled $ 984 $536 December 31, 2023 2022 Accumulated Depreciation Computer software and equipment $ 984 $ 536 $ 1,520 Furniture, fixtures, and equipment — — — Leasehold improvements — — — $ 984 $ 536 $ 1,520
Revenue Recognition	Revenue Recognition The Company’s primary source of revenue is from the sale of our Top Kontrol product. www.topkontrol.com Because of this professional installation requirement, the Company sells its products to and through Authorized Dealers and independent Certified Top Kontrol Technicians. When the Company sells directly to the end-user, product installation must be performed by authorized Company personnel or a third-party Certified Top Kontrol Technician to avoid voiding the Top Kontrol limited liability warranty. Revenue Recognition; ASC 606 Five-Step Model Under ASC 606, the Company recognizes revenue from the sale of service contracts by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. Revenue Recognition; General Right of Return Customers are allowed to return goods that are defective (warranty returns). In some instances, customers may be allowed to return a limited number of units for periodic stock adjustment returns. Such stock adjustment returns would be limited to no more than 5% of their total units sold. As is standard in the industry, we only will accept returns from active customers. If a customer ceases doing business with us, we have no further obligation to accept additional product returns from that customer. Revenue Recognition; Concentration As of December 31, 2023, the Company had two customers who are Authorized Dealers, each comprised in excess of 10% of the Company’s overall revenue. In aggregate, these two dealers represented 54.3% of the Company’s revenue for the fiscal year ended December 31, 2023.
Income Taxes	Income Taxes The Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes. Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences. The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the following majority-owned subsidiaries in December 31, 2023: Subsidiary Percentage Owned Piranha Blockchain, Inc. 100.0 % Piranha Blockchain, Ltd. 100.0 % Advertising Costs The Company's advertising costs consist primarily of digital and Internet marketing. Advertising costs are expensed as incurred. Advertising costs totaled $43,419 and $15,612 for the fiscal years ended December 31, 2023, and 2022, respectively.
Fiscal Year	Fiscal Year The Company elected December 31st for its fiscal year-end.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are various updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to a have a material impact on the Company’s financial position, results of operations or cash flows.

NOTE 1 _ Summary of Significa_3

NOTE 1 – Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Property and Equipment and Depreciation	Computer software and equipment 2 - 15 Furniture, fixtures, and equipment 3 - 10 Leasehold improvements Life of Lease
Plant and equipment	December 31, 2023 2022 Accumulated Depreciation Computer software and equipment $ 984 $ 536 $ 1,520 Furniture, fixtures, and equipment — — — Leasehold improvements — — — $ 984 $ 536 $ 1,520

NOTE 3 _ INVENTORIES (Tables)

NOTE 3 – INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventories	December 31, 2023 2022 Inventories: Raw materials and work-in-progress $ 1,925 $ 2,185 Finished goods 11,731 25,364 Gross inventories 13,656 27,549 Inventory valuation reserves — — Inventories, net $ 13,656 $ 27,549

NOTE 4 _ INCOME TAXES (Tables)

NOTE 4 – INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes - Provision (benefit) for income taxes	For the fiscal year ended December 31, 2023 2022 Current tax provision: Federal Taxable income $ — $ — Total current tax provision $ — $ — Deferred tax provision: Federal Loss carryforwards $ 274,077 $ 196,698 Change in valuation allowance (274,077 ) (196,698 ) Total deferred tax provision $ — $ —

Property and Equipment and Depr

Property and Equipment and Depreciation (Details)	Dec. 31, 2023
Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years

Plant and equipment (Details)

Plant and equipment (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
	$ 984	$ 536
Accumulated Depreciation	1,520
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
	984	536
Accumulated Depreciation	1,520
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]

NOTE 1 _ Summary of Significa_4

NOTE 1 – Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Depreciation Expense	$ 984	$ 536

NOTE 2 _ GOING CONCERN (Details

NOTE 2 – GOING CONCERN (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ (1,305,128)	$ (936,658)

Inventories (Details)

Inventories (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials and work-in-progress	$ 1,925	$ 2,185
Finished goods	11,731	25,364
Gross inventories	13,656	27,549
Inventory valuation reserves
Inventories, net	$ 13,656	$ 27,549

Income Taxes - Provision (benef

Income Taxes - Provision (benefit) for income taxes (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Deferred tax provision:
Loss carryforwards	$ 274,077	$ 196,698
Change in valuation allowance	$ (274,077)	$ (196,698)

NOTE 4 _ INCOME TAXES (Details

NOTE 4 – INCOME TAXES (Details Narrative)	Dec. 31, 2023 USD ($)
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$ 1,305,128

NOTE 5 _ STOCKHOLDERS_ EQUITY (

NOTE 5 – STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	May 31, 2023
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Preferred Stock, Shares Authorized	50,000,000	50,000,000	250,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001	$ 0.001
Preferred Stock, Voting Rights	one (1) voting class of stock. Each share of Preferred Stock shall have ten thousand (10,000) votes
Preferred Stock, Shares Issued	3,200	0
Preferred Stock, Shares Outstanding	3,200	0
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues	23,570
Stock Issued During Period, Value, New Issues	$ 41,250	$ 225,001
Sale of Stock, Price Per Share	$ 1.75
Preferred Stock, Conversion Basis	3,200
Common Stock, Conversion Basis	32,000,000
Common Stock, Shares, Outstanding	79,862,655	111,839,085
President [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Preferred Stock, Conversion Basis	2,500
Common Stock, Conversion Basis	25,000,000

NOTE 8 _ RELATED PARTY TRANSA_2

NOTE 8 – RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2017
Related Party Transaction [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Accured Payroll	$ 112,328	$ 5,679
Accured Payroll	58,500
Accurued payroll taxes	4,590
Patent Royalty Contribution	2,929
Founders [Member]
Related Party Transaction [Line Items]
Issuance of Founders shares, Shares			175,000,000
Common Stock, Par or Stated Value Per Share			$ 0.001
Issuance of Founders shares, amount			$ 0
Officer [Member]
Related Party Transaction [Line Items]
Issuance of Founders shares, Shares			80,000,000
Director [Member]
Related Party Transaction [Line Items]
Issuance of Founders shares, Shares			75,000,000
Outside Consultant [Member]
Related Party Transaction [Line Items]
Issuance of Founders shares, Shares			20,000,000
Related Party [Member]
Related Party Transaction [Line Items]
Accured Payroll	$ 63,090

NOTE 10 _ SUBSEQUENT EVENTS (De

NOTE 10 – SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended
	Apr. 19, 2024	Jan. 30, 2024	Jan. 16, 2024	May 01, 2024	Dec. 31, 2023	Dec. 31, 2022
Subsequent Event [Line Items]
Shares issued investors, shares	5,000
Shares issued investors, shares	$ 5,000
Share Price	$ 1	$ 0.03
Stock Repurchased During Period, Shares		100,000
Stock Repurchased During Period, Value		$ 3,000
Preferred stock exchange			200
Common stock exchange			1,795,774
Common Stock, Shares, Issued					79,862,655	111,839,085
Common Stock, Shares, Outstanding					79,862,655	111,839,085
Preferred Stock, Shares Issued					3,200	0
Preferred Stock, Shares Outstanding					3,200	0
Subsequent Event [Member]
Subsequent Event [Line Items]
Common Stock, Shares, Issued				78,071,881
Common Stock, Shares, Outstanding				78,071,881
Preferred Stock, Shares Issued				3,400
Preferred Stock, Shares Outstanding				3,400