Overview
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- TickerCIRX on OTC2
- IndustryBeverages2
- HeadquartersWest Valley City, United States2
- Incorporated inNV4
- Business address6360 S Pecos Road, Suite 8, Las Vegas, Nv 891204
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formProfit Corporation2
- LEI549300JRVQ2B0WNVMN832
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O INCORP SERVICES, INC., 89169-6014 Las Vegas, United States2
- Registered withBusiness Center (Secretary of State), C2045-19872
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LBC Products, Inc., CirTran Products Corp., and CirTran - Asia, Inc., through which we conduct our activities.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Tobacco Line brought in 94% of the revenue CIRTRAN CORP broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Tobacco Line | $1.1M | $2.9M |
| All Other Product Line | $239.9K | $189.2K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue51¢$1.6M
- Selling, general and admin37¢$1.2M
- Other costs12¢$378.8K
Out of $3.1M in revenue.6 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net sales | $3.1M | $1.3M |
| Cost of sales | $1.6M | $458.2K |
| Gross profit | $1.5M | $838.6K |
| Employee costs | $508.6K | $515.8K |
| Selling, general and administrative expenses | $1.2M | $873.6K |
| Total operating expenses | $1.7M | $1.4M |
| Loss from operations | -$129.7K | -$550.7K |
| Interest expense | -$822.7K | -$790.6K |
| Gain on settlement of debt | $328.9K | |
| Gain on forgiveness of debt | $19.9K | |
| (Loss) gain on disposal of equipment | -$9.3K | $7.2K |
| Impairment of investment | -$52.0K | |
| Gain (loss) on derivative valuation | $64.9K | -$1.2M |
| Other income | $6 | $250 |
| Total other expense | -$418.4K | -$2.0M |
| Net loss from continuing operations | -$548.2K | -$2.5M |
| Loss from discontinued operations | -$153.5K | -$153.9K |
| Net Loss before income tax | -$701.6K | -$2.7M |
| Income tax | $74.4K | |
| Net Loss | -$701.6K | -$2.6M |
| Net loss from continuing operations per common share, basic | -$0 | -$0 |
| Net loss from continuing operations per common share, diluted | -$0 | -$0 |
| Net loss from discontinued operations per common share, basic | -$0 | -$0 |
| Net loss from discontinued operations per common share, diluted | -$0 | -$0 |
| Net loss per common share, basic | -$0.14 | -$0.53 |
| Net loss per common share, diluted | -$0.14 | -$0.53 |
| Basic weighted average common shares outstanding | 4.9M shares | 4.9M shares |
| Diluted weighted average common shares outstanding | 4.9M shares | 4.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $9.6K | ||
| Inventory | $1.1M | $737.2K | |
| Accounts receivable, net | $365.7K | $25.6K | |
| Other current assets | $468.3K | $485.6K | |
| Total current assets | $2.3M | $1.3M | |
| Investment in securities at cost | $248.0K | $248.0K | |
| Property and equipment, net of accumulated depreciation | $4.6K | $6.4K | |
| Total assets | $2.5M | $1.5M | |
| Accounts payable | $149.4K | $762.4K | |
| Cash overdraft | $30.4K | ||
| Liabilities for product returns and credits | $90.8K | $70.1K | |
| Accrued liabilities | $2.8M | $2.8M | |
| Accrued payroll and compensation expense | $5.7M | $5.4M | |
| Accrued interest, current portion | $6.7M | $6.3M | |
| Convertible debenture, current portion, net of discounts | $264.3K | $264.3K | |
| Derivative liability | $2.4M | $2.5M | $1.3M |
| Liabilities from discontinued operations | $4.8M | $4.7M | |
| Total current liabilities: | $24.7M | $23.1M | |
| Note payable, net of current portion | $643.0K | $643.0K | |
| Convertible debenture, net of current portion, net of discount | $2.3M | $2.2M | |
| Total liabilities | $27.6M | $25.9M | |
| Common stock, par value $0.001; 100,000,000 shares authorized; 4,945,417 shares issued and outstanding | $4.9K | $4.9K | |
| Additional paid-in capital | $37.2M | $37.2M | |
| Accumulated deficit | -$62.3M | -$61.6M | |
| Total stockholders deficit | -$25.1M | -$24.4M | -$21.8M |
| Total liabilities and stockholders deficit | $2.5M | $1.5M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 4.9M shares | 4.9M shares | |
| Common stock, shares outstanding | 4.9M shares | 4.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $9.6K | ||
| Inventory | $1.1M | $737.2K | |
| Accounts receivable, net | $365.7K | $25.6K | |
| Other current assets | $468.3K | $485.6K | |
| Total current assets | $2.3M | $1.3M | |
| Investment in securities at cost | $248.0K | $248.0K | |
| Property and equipment, net of accumulated depreciation | $4.6K | $6.4K | |
| Total assets | $2.5M | $1.5M | |
| Accounts payable | $149.4K | $762.4K | |
| Cash overdraft | $30.4K | ||
| Liabilities for product returns and credits | $90.8K | $70.1K | |
| Accrued liabilities | $2.8M | $2.8M | |
| Accrued payroll and compensation expense | $5.7M | $5.4M | |
| Accrued interest, current portion | $6.7M | $6.3M | |
| Convertible debenture, current portion, net of discounts | $264.3K | $264.3K | |
| Derivative liability | $2.4M | $2.5M | $1.3M |
| Liabilities from discontinued operations | $4.8M | $4.7M | |
| Total current liabilities: | $24.7M | $23.1M | |
| Note payable, net of current portion | $643.0K | $643.0K | |
| Convertible debenture, net of current portion, net of discount | $2.3M | $2.2M | |
| Total liabilities | $27.6M | $25.9M | |
| Common stock, par value $0.001; 100,000,000 shares authorized; 4,945,417 shares issued and outstanding | $4.9K | $4.9K | |
| Additional paid-in capital | $37.2M | $37.2M | |
| Accumulated deficit | -$62.3M | -$61.6M | |
| Total stockholders deficit | -$25.1M | -$24.4M | -$21.8M |
| Total liabilities and stockholders deficit | $2.5M | $1.5M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 4.9M shares | 4.9M shares | |
| Common stock, shares outstanding | 4.9M shares | 4.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$701.6K | -$2.6M |
| Loss from discontinued operations | $153.5K | $153.9K |
| Depreciation expense | $1.8K | $4.3K |
| Gain (loss) on derivative valuation | -$64.9K | $1.2M |
| Debt discount amortization | $106.1K | $99.8K |
| Gain on disposal of equipment | -$7.2K | |
| Loss on impairment of investment | $52.0K | |
| Gain on settlement of debt | -$328.9K | |
| Gain on forgiveness of debt | -$19.9K | |
| Inventory | -$399.3K | $78.4K |
| Deposits on inventory | -$252.5K | -$1.8K |
| Deposits on inventory - related party | $637 | $223.8K |
| Accounts receivable | -$340.0K | -$4.1K |
| Other current assets | $17.3K | -$44.5K |
| Accounts payable | -$264.3K | $135.0K |
| Liabilities for product returns and credits | $20.8K | $61.4K |
| Accrued liabilities | -$17.1K | -$113.4K |
| Income tax liability | -$55.9K | |
| Accrued payroll and compensation | $292.6K | $314.3K |
| Accrued interest | $457.6K | $523.2K |
| Net cash used by operating activities | -$1.3M | -$46.4K |
| Proceeds from sale of automobile | $15.4K | |
| Net cash provided by investing activities | $15.4K | |
| Bank overdraft | -$30.4K | $30.4K |
| Proceeds from related-party loans | $1.4M | $61.9K |
| Repayments of related-party loans | -$61.3K | |
| Net cash provided by financing activities | $1.3M | $31.0K |
| Net change in cash | $9.6K |
No quarter-by-quarter statement was filed.
What it owns
What CIRTRAN CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $12.2K6 Dec 31, 2025 | $12.2K6 Dec 31, 2024 | 0% |
| Accumulated depreciation | $7.6K6 Dec 31, 2025 | $5.8K6 Dec 31, 2024 | +31.0% |
| Property and equipment, net | $4.6K6 Dec 31, 2025 | $6.4K6 Dec 31, 2024 | −28.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $1.1M6 Dec 31, 2025 | $737.2K6 Dec 31, 2024 | +54.2% |
| Raw materials | $18.6K6 Dec 31, 2025 | $63.4K6 Dec 31, 2024 | −70.7% |
| Finished goods | $1.1M6 Dec 31, 2025 | $673.9K6 Dec 31, 2024 | +65.9% |
Properties, in its own words
We sublease a 2,500-square-foot office, showroom, and warehouse in Las Vegas, NV, for $2,500 per month, on a month to month basis, from GloBrands. We believe that the facilities described above are generally in good condition, well maintained, and suitable and adequate for our current needs.
Item 2 of the 10-K filed Apr 15, 2026.5
Leadership
Who has led CIRTRAN CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerIehab J. Hawatmeh Mar 2, 2007 to Apr 25, 200815
- PresidentIehab J. Hawatmeh Mar 2, 2007 to Dec 31, 200715
- Chief financial officerDavid Harmon Nov 29, 2007 to Feb 22, 200816
- Chief financial officerRichard T. Ferrone Sep 13, 2006 to Oct 18, 200717
- Chief operating officerShaher Hawatmeh Feb 15, 2008 to Feb 15, 200818
Board members and other officers (6)
- Chief Marketing OfficerTrevor Saliba Jun 7, 2007 to Jun 7, 200719
- Board memberDonald L. Buehner Jan 23, 2008 to Feb 8, 200820
- Board memberIehab J. Hawatmeh Mar 2, 2007 to Apr 25, 200815
- Board memberTrevor Saliba Jun 7, 2007 to Jun 7, 200719
- Board memberRaed Hawatmeh Sep 10, 2007 to Sep 10, 200721
- Board memberFadi Nora Nov 2, 2007 to Sep 29, 201122
Former names
- VERMILLION VENTURES INCMay 30, 2000 to Jun 13, 20004
Timeline
Filings
42 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 1 major events, 21 other. The latest 20:
- Aug 18, 202610-Q EDGAR
- Aug 14, 2026NT 10-Q EDGAR
- May 20, 202610-Q EDGAR
- May 15, 2026NT 10-Q EDGAR
- Apr 15, 202610-K EDGAR
- Mar 30, 2026NT 10-K EDGAR
- Jan 16, 2026EFFECT EDGAR
- Jan 14, 2026CORRESP EDGAR
- Jan 14, 2026S-1/A EDGAR
- Jan 9, 2026UPLOAD EDGAR
- Jan 6, 2026S-1 EDGAR
- Dec 29, 20258-K EDGAR
- Nov 20, 202510-Q EDGAR
- Nov 14, 2025NT 10-Q EDGAR
- Aug 19, 202510-Q EDGAR
- Aug 13, 2025NT 10-Q EDGAR
- May 20, 202510-Q EDGAR
- May 15, 2025NT 10-Q EDGAR
- Apr 15, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
The 42 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How CIRTRAN CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCIRTRAN CORP1
- CIK0000813716
- Employer ID (EIN)68-01216365
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inNevada5
- Fiscal year endsDecember 311
- Industry code (SIC)2080 Beverages1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address6360 S Pecos Road, Suite 8, Las Vegas, NV 891201
- Phone80196351121
- Shares outstanding4,945,417 as of Aug 19, 202613
- Public float$94.2K as of Jun 30, 20255
- AuditorFruci & Associates II, PLLC, Spokane,Washington PCAOB ID 5525; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceMay 30, 20001
- Filings396 in all: 8-K (71), NT 10-Q (51), 10-Q (46), 10QSB (26), NT 10-K (22), 10QSB/A (18), 10-K (14), SB-2/A (14)1
All 43 form types
4 (13), 10KSB/A (10), 10KSB (9), 8-K/A (8), S-8 (8), UPLOAD (8), REGDEX (7), 10-K/A (6), POS AM (6), 424B3 (5), 5 (5), SB-2 (5), 3 (4), CORRESP (4), DEF 14A (4), RW (4), PRE 14A (3), 10-12G/A (2), 10-Q/A (2), 3/A (2), CT ORDER (2), EFFECT (2), NTN 10Q (2), REGDEX/A (2), 10-12G (1), 4/A (1), 8-A12G (1), NT 10-Q/A (1), PRE 14C (1), PRER14A (1), PRER14C (1), REVOKED (1), S-1 (1), S-1/A (1), S-8 POS (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) Aug 18, 2026
Proxy statement (DEF 14A) Mar 13, 2015
Latest 8-K (8-K) Dec 29, 2025
Risk factors and legal proceedings
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings that arise in the ordinary course of business. All judgments, including interest, have been booked as liabilities, except where we believe collection or enforcement of the judgments is barred by the applicable statute of limitations, in which case the liabilities have been eliminated. We consider litigation reduced to judgment as no longer pending. However, in certain circumstances, a litigant can initiate further proceedings following the entry of a non-appealable final judgment and the passage of the applicable statute of limitations on the enforcement of a judgment to seek enforcement or further relief. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. As of December 31, 2025, we were not a party to any material pending litigation, and no lawsuits have been threatened by or against us.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARCIRTRAN CORP filings on SEC EDGAR
- 2
- 3Yahoo FinanceCIRX quote
- 4SEC EDGARCIRTRAN CORP filings on SEC EDGAR
- 5
- 6SEC EDGARCIRTRAN CORP 10-K for fiscal 2025
- 7SEC EDGARCIRTRAN CORP 10-K for fiscal 2020
- 8SEC EDGARCIRTRAN CORP 10-K for fiscal 2021
- 9SEC EDGARCIRTRAN CORP 10-K for fiscal 2022
- 10SEC EDGARCIRTRAN CORP 10-K for fiscal 2023
- 11SEC EDGARCIRTRAN CORP 10-K for fiscal 2019
- 12SEC EDGARCIRTRAN CORP 10-Q for fiscal 2026
- 13SEC EDGARCIRTRAN CORP 10-Q for fiscal 2026
- 14SEC EDGARCIRTRAN CORP 10-K for fiscal 2019
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARDonald L. Buehner, Board member
- 21SEC EDGARRaed Hawatmeh, Board member
- 22SEC EDGARFadi Nora, Board member
- 23SEC EDGAREntered a material agreement