Overview
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- TickerOMTK on OTC1
- IndustryMotor Vehicle Parts & Accessories1
- HeadquartersVista, California1
- Business address1345 Specialty Dr., # E, Vista, Ca 920812
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Omnitek Engineering, Corp., a California corporation, began operations on October 10, 2001, and was a spin-off from Nology Engineering, Inc., a manufacturer in the automotive aftermarket parts industry and the developer/manufacturer of the patented “HotWires” spark plug wires. Our business is located at 1345 Specialty Dr. #E, Vista, California, 92081, which consists of approximately 11,751 square feet of industrial space. Omnitek has never filed for bankruptcy and has never been subject to receivership or similar proceedings.3 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.
Products and services
Components brought in 51% of the revenue Omnitek Engineering Corp broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Components | $527.8K | $737.8K |
| Filters | $491.9K | $712.1K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue62¢$897.4K
- Research and development5¢$68.4K
- Other costs12¢$179.1K
- Interest2¢$30.5K
- Income tax0¢$800
- Profit19¢$273.6K
Out of $1.4M in revenue.4
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $1.4M | $1.0M |
| COST OF GOODS SOLD | $897.4K | $561.9K |
| GROSS MARGIN | $552.5K | $457.9K |
| General and administrative | $566.2K | $532.7K |
| Research and development | $68.4K | $70.3K |
| Depreciation and amortization | $3.9K | $3.3K |
| Total Operating Expenses | $638.4K | $606.4K |
| LOSS FROM OPERATIONS | -$85.9K | -$148.5K |
| Allowance for obsolete inventory | -$34.3K | -$85.2K |
| Other Income | $425.2K | $87.9K |
| Interest expense | -$30.5K | -$20.6K |
| Total Other Income (Expense) | $360.3K | -$17.8K |
| INCOME (LOSS) BEFORE INCOME TAXES | $274.4K | -$166.3K |
| INCOME TAX EXPENSE | $800 | $800 |
| NET INCOME (LOSS) | $273.6K | -$167.1K |
| BASIC AND DILUTED LOSS PER SHARE | $0.01 | -$0.01 |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED | 21.9M shares | 21.9M shares |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED | 21.9M shares | 21.9M 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.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $14.1K | $104.4K | |
| Accounts receivable, net | $4.1K | $11.1K | |
| Accounts receivable - related parties | $20.4K | $3.1K | |
| Inventory Net | $296.1K | $267.6K | |
| Deposits | $329.2K | $495.5K | |
| Total Current Assets | $664.0K | $881.8K | |
| PROPERTY & EQUIPMENT, net | $4.8K | $8.7K | |
| Operating lease - right-of-use asset | $72.1K | $212.5K | |
| Long-term deposit | $13.5K | $13.5K | |
| Total Long-Term Assets | $90.4K | $234.7K | |
| TOTAL ASSETS | $754.4K | $1.1M | |
| Accounts payable and accrued expenses | $269.1K | $334.2K | |
| Accrued management compensation | $636.9K | $636.3K | |
| Accounts payable - related parties | $34.6K | $139.8K | |
| Notes payable - related parties | $198.9K | $44.9K | |
| Convertible notes payable - related party | $10.0K | $10.0K | |
| Customer deposits | $388.3K | $845.3K | |
| Operating lease liabilities - current | $86.9K | $167.5K | |
| Total Current Liabilities | $1.6M | $2.2M | |
| Loans payable - SBA | $199.0K | $199.0K | |
| Operating lease liabilities - long-term | $0 | $86.9K | |
| Total Long-term Liabilities | $199.0K | $285.9K | |
| Total Liabilities | $1.8M | $2.5M | |
| Common stock, 125,000,000 shares authorized; no par value; 21,948,091 and 21,948,091 shares, respectively issued and outstanding | $8.6M | $8.6M | |
| Additional paid-in capital | $12.1M | $12.1M | |
| Accumulated deficit | -$21.8M | -$22.0M | |
| Total Stockholders' Deficit | -$1.1M | -$1.3M | -$1.2M |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $754.4K | $1.1M | |
| Common Stock, Shares Authorized | 125.0M shares | 125.0M shares | |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | |
| Common Stock, Shares, Issued | 21.9M shares | 21.9M shares | |
| Common Stock, Shares, Outstanding | 21.9M shares | 21.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $14.1K | $104.4K | |
| Accounts receivable, net | $4.1K | $11.1K | |
| Accounts receivable - related parties | $20.4K | $3.1K | |
| Inventory Net | $296.1K | $267.6K | |
| Deposits | $329.2K | $495.5K | |
| Total Current Assets | $664.0K | $881.8K | |
| PROPERTY & EQUIPMENT, net | $4.8K | $8.7K | |
| Operating lease - right-of-use asset | $72.1K | $212.5K | |
| Long-term deposit | $13.5K | $13.5K | |
| Total Long-Term Assets | $90.4K | $234.7K | |
| TOTAL ASSETS | $754.4K | $1.1M | |
| Accounts payable and accrued expenses | $269.1K | $334.2K | |
| Accrued management compensation | $636.9K | $636.3K | |
| Accounts payable - related parties | $34.6K | $139.8K | |
| Notes payable - related parties | $198.9K | $44.9K | |
| Convertible notes payable - related party | $10.0K | $10.0K | |
| Customer deposits | $388.3K | $845.3K | |
| Operating lease liabilities - current | $86.9K | $167.5K | |
| Total Current Liabilities | $1.6M | $2.2M | |
| Loans payable - SBA | $199.0K | $199.0K | |
| Operating lease liabilities - long-term | $0 | $86.9K | |
| Total Long-term Liabilities | $199.0K | $285.9K | |
| Total Liabilities | $1.8M | $2.5M | |
| Common stock, 125,000,000 shares authorized; no par value; 21,948,091 and 21,948,091 shares, respectively issued and outstanding | $8.6M | $8.6M | |
| Additional paid-in capital | $12.1M | $12.1M | |
| Accumulated deficit | -$21.8M | -$22.0M | |
| Total Stockholders' Deficit | -$1.1M | -$1.3M | -$1.2M |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $754.4K | $1.1M | |
| Common Stock, Shares Authorized | 125.0M shares | 125.0M shares | |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | |
| Common Stock, Shares, Issued | 21.9M shares | 21.9M shares | |
| Common Stock, Shares, Outstanding | 21.9M shares | 21.9M 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.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | $273.6K | -$167.1K |
| Amortization and depreciation expense | $3.9K | $3.3K |
| Options and warrants issued for services | $4.5K | $5.4K |
| Amortization of ROU asset | $140.4K | $133.0K |
| Inventory reserve | $34.3K | $85.2K |
| Accounts receivable | $7.0K | $1.2K |
| Operating lease liability | -$167.5K | -$131.9K |
| Accounts receivable-related parties | -$17.3K | -$1.8K |
| Deposits | $166.3K | -$471.1K |
| Inventory | -$62.8K | $18.1K |
| Accounts payable and accrued expenses | -$65.1K | $11.0K |
| Customer deposits | -$457.0K | $535.2K |
| Accounts payable-related parties | -$105.2K | $8.5K |
| Accrued management compensation | $577 | $1.2K |
| Net Cash Provided by (Used in) Operating Activities | -$244.3K | $30.1K |
| Purchase of fixed assets | $0 | -$6.3K |
| Net Cash Used in Investing Activities | $0 | -$6.3K |
| Proceeds from related party payable | $154.0K | $7.0K |
| Net Cash Provided by Financing Activities | $154.0K | $7.0K |
| NET CHANGE IN CASH | -$90.3K | $30.7K |
| Interest | $30.5K | $21.6K |
| Income taxes | $800 | $800 |
No quarter-by-quarter statement was filed.
Corporate structure
Omnitek Engineering Corp sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Omnitek Engineering Corp
- Hard Rock Holdco LLC Filed SCHEDULE 13D on Omnitek Engineering Corp, latest Oct 9, 2026
- Omnitek Engineering Corp Vista, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Omnitek Engineering 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 |
|---|---|---|---|
| Accumulated depreciation | $74.7K4 Dec 31, 2025 | $70.8K4 Dec 31, 2024 | +5.4% |
| Property and equipment, net | $4.8K4 Dec 31, 2025 | $8.7K4 Dec 31, 2024 | −44.5% |
| Operating-lease assets (leased space) | $72.1K4 Dec 31, 2025 | $212.5K4 Dec 31, 2024 | −66.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $296.1K4 Dec 31, 2025 | $267.6K4 Dec 31, 2024 | +10.7% |
| Raw materials | $845.1K4 Dec 31, 2025 | $841.1K4 Dec 31, 2024 | +0.5% |
| Finished goods | $493.4K4 Dec 31, 2025 | $434.6K4 Dec 31, 2024 | +13.5% |
Properties, in its own words
The Company owns no real property. On June 3, 2021, the Company entered into a lease for the premises located at 1345 Specialty Drive #E, Vista, CA, containing approximately 11,751 square feet of rentable area. The lease commenced on July 1, 2021 and expires on June 30, 2026. The monthly base rent under the lease is $9,988 per month and monthly operating expenses during the term of the lease, subject to adjustment under the lease, is $1,175 per month. On Commencement Date, the Company recognized a right-of-use (“ROU”) asset of $653,701 and a lease liability of $652,350.
Item 2 of the 10-K filed Apr 15, 2026.3
Leadership
Who has led Omnitek Engineering Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerWerner Funk Jun 30, 2010 to now14
- PresidentWerner Funk Jun 30, 2010 to now14
- Chief financial officerWerner Funk Jan 13, 2021 to now15
- Chief financial officerRichard L. Miller Dec 4, 2015 to Jan 3, 202016
- Chief financial officerAlicia A. Rolfe Sep 24, 2013 to Jan 16, 201517
- Chief financial officerJanice M. Quigley Jun 30, 2010 to Jan 14, 201318
Board members and other officers (6)
- Vice PresidentJanice M. Quigley Sep 14, 2011 to Feb 22, 201719
- Board memberRichard L. Miller Jan 9, 2018 to Jan 3, 202020
- Board memberJohn M. Palumbo Nov 14, 2013 to now21
- Board memberGeorge G. Chachas Aug 7, 2012 to Jan 22, 201922
- Board memberJanice M. Quigley Jun 30, 2010 to Feb 22, 201718
- Board memberWerner Funk Jun 30, 2010 to now14
Timeline
- Oct 5, 20268-K Entered a material agreement; Other events23
- Oct 2, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change24
- Sep 30, 20268-K Unregistered sale of shares; Change in control; Bylaws or fiscal year changed25
- Oct 9, 20258-K Shareholder vote26
- Sep 13, 20248-K Shareholder vote27
- May 9, 20248-K Entered a material agreement; Unregistered sale of shares28
- Sep 15, 20238-K Shareholder vote29
- Jun 16, 20238-K Change of auditor30
- Oct 27, 20228-K Shareholder vote31
- Dec 14, 20218-K Shareholder vote32
- Jun 30, 2010New chief executive Werner Funk becomes CEO14
Filings
109 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 10 major events, 44 insider forms, 1 large holders, 33 other. The latest 20:
- Oct 9, 2026SCHEDULE 13D EDGAR
- Oct 8, 20263 EDGAR
- Oct 8, 20263 EDGAR
- Oct 8, 20263 EDGAR
- Oct 5, 20268-K OMNITEK ENGINEERING CORP. - FORM 8-K SEC FILING EDGAR
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 2, 20268-K OMNITEK ENGINEERING CORP. - FORM 8-K SEC FILING EDGAR
- Sep 30, 20268-K OMNITEK ENGINEERING CORP. - FORM 8-K SEC FILING EDGAR
- Aug 19, 202610-Q OMNITEK ENGINEERING CORP. - FORM 10-Q SEC FILING EDGAR
- Aug 10, 2026NT 10-Q OMNITEK ENGINEERING CORP_NT10-Q EDGAR
- May 20, 202610-Q OMNITEK ENGINEERING CORP. - FORM 10-Q SEC FILING EDGAR
- May 8, 2026NT 10-Q OMNITEK ENGINEERING CORP_NT10-Q EDGAR
- Apr 15, 202610-K OMNITEK ENGINEERING CORP. - FORM 10-K SEC FILING EDGAR
- Mar 31, 2026NT 10-K OMNITEK FORM NT10-K EDGAR
- Jan 28, 20264 PRIMARY DOCUMENT EDGAR
- Jan 28, 20265 PRIMARY DOCUMENT EDGAR
- Jan 28, 20264/A PRIMARY DOCUMENT EDGAR
- Jan 28, 20264 PRIMARY DOCUMENT EDGAR
The 109 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.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 3, 2022 | Maier Gary SDirector | Buy | 11,000 | $0.09 | $990 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Hard Rock Holdco LLCSCHEDULE 13D, 1 filing Oct 9, 202633
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Werner Funk | 67 | $150.0K | $153.8K34 |
| 2023 | CEOPresident, and Secretary | $150.0K | $151.8K34 |
SEC filer profile
How Omnitek Engineering Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROmnitek Engineering Corp1
- CIK0001404804
- Employer ID (EIN)33-09844503
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inCalifornia3
- Fiscal year endsDecember 311
- Industry code (SIC)3714 Motor Vehicle Parts & Accessories1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address1345 Specialty Dr., # E, Vista, CA 920811
- Phone760-591-00891
- Shares outstanding21,948,091 as of Aug 19, 202612
- Public float$266.6K as of 3
- AuditorMercurius & Associates LLP, New Delhi PCAOB ID 32233
- On EDGAR sinceJun 22, 20071
- Filings444 in all: 4 (132), 5 (64), 8-K (50), 10-Q (49), 424B3 (21), 10-K (16), NT 10-Q (16), DEF 14A (15)1
All 29 form types
DEFA14A (11), PRE 14A (11), UPLOAD (11), 3 (10), NT 10-K (7), 4/A (6), CORRESP (4), 10-12G/A (3), 10-K/A (2), 5/A (2), 8-K/A (2), D (2), S-8 (2), 10-12G (1), 10-Q/A (1), DEFR14A (1), EFFECT (1), REGDEX (1), S-1 (1), S-1/A (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) Aug 19, 2026
Proxy statement (DEF 14A) Aug 8, 2025
Latest 8-K (8-K) Oct 5, 2026
Risk factors and legal proceedings
The risks Omnitek Engineering Corp names in Item 1A of its 10-K filed Apr 15, 2026: 28 risks under these headings, as written.3
- Risks Related to Ukrainian Crises
- Russia’s recent military intervention in Ukraine and the international community’s response have created substantial political and economic disruption, uncertainty, and risk.
- Risks Related to Middle East Crises
- The Israel-Gaza war has created substantial uncertainty and risk.
- Risks Related to our Business
- An overall economic downturn could negatively impact our earnings.
- Unforeseeable circumstances could delay or disrupt our operations and negatively impact our operating results and financial condition.
- Increases in the wholesale price of natural gas could reduce our earnings.
- Climate change, carbon neutral or energy efficiency legislation or regulations could restrict our market opportunities, negatively affecting our growth, cash flows and earnings.
- We are subject to physical and financial risks associated with climate change.
- A downturn in the trucking industry could materially adversely impact our results of operations.
- Unpredictability in the adoption, implementation and enforcement of increasingly stringent emission standards by multiple jurisdictions around the world could adversely affect our business.
The other 19 risks
- We are exposed to risks arising from the price and availability of energy.
- The market for alternative fuel engines may not continue to develop according to our expectations and, as a result, our business may not grow as planned and our business plan may be adversely affected.
- We may have difficulty managing the expansion of our operations.
- New products, including new engines we develop, may not achieve widespread adoption.
- We maintain a significant investment in inventory, and a decline in our customers’ purchases could lead to a decline in our sales and profitability and cause us to accumulate excess inventory.
- Our financial position, results of operations and cash flows have been, and may in the future be, negatively impacted by challenging global economic conditions.
- We could suffer warranty claims or be subject to product liability claims, both of which could materially and adversely affect our business.
- If we do not properly manage the sales of our products into foreign markets, our business could suffer.
- The price of our stock may be volatile and may decline in value.
- Business, political and economic factors may affect our operations
- Our performance is influenced by a variety of economic, social, and political factors
- A global economic crisis could result in decreases in customer spending
- Uncertainty relating to the ability to enforce rights under certain dealer agreements
- The Company is subject to foreign business, political and economic disruption risks
- The Company may be subject to intellectual property rights claims
- Operational stage of the Company and its products
- Uncertainty of future sales
- Future capital requirements; uncertainty of future funding
- Dependence on others; manufacturing capabilities and limited distribution capabilities
- Concentration of Risks
- Risk of technological obsolescence and competition
- Changes of prices for products
- Creditworthiness of distributors is an ongoing concern
- Trading and limited market
- No dividends
- Possible volatility of stock price
- We are subject to the periodic reporting requirements of the Securities Exchange Act of 1934, which require us to incur audit fees and legal fees in connection with the preparation of such reports. These additional costs could reduce our ability to earn a profit.
- Penny stock regulations
- Dependence upon key personnel
Legal proceedings
On September 16, 2022, the Company received a Summons and was named as a cross-defendant in the matter of Olson-Ecologic Engine Testing Laboratories, LLC -v- Michael Naylor, Omnitek Engineering Corp., and Moto Concerto, Inc., filed in the Superior Court of the State of California, County of Orange, Central Justice Center, Case No. 30-2020-01171344. Olson-Ecologic Engine Testing Laboratories, LLC filed the cross-complaint in response to the original complaint filed by Michael Naylor against Olson-Ecologic Engine Testing Laboratories. Omnitek served as a subcontractor to Olson-Ecologic who received a grant in May 2017 from the California Energy Commission. In October 2017, very early in the project and before completion of the project, which was to run into 2020, Olson-Ecologic advised Omnitek that the California Energy Commission had terminated the project. In the cross-complaint Olson-Ecologic alleges that Omnitek participated with Mr. Naylor in overcharging Olson-Ecologic, however, Olson-Ecologic does not provide a specific statement of facts or actions of what Omnitek allegedly did.
On November 18, 2025, the above matter was settled out of court. Pursuant to the Settlement agreement, Omnitek will pay to Plaintiff, Olson-Ecologic, the sum of $13,872.97 in six equal monthly payments commencing December 2025, and will in exchange take back certain engine parts of equal value. Omnitek will further waive the amount of $5,025 believed owed by Olson-Ecologic relating to testing services.
We are not a party to any other pending legal proceeding. No federal, state or local governmental agency is presently contemplating any proceedings against the Company. No director, executive officer or affiliate of the Company or owner of record or beneficially of more than five percent of the Company's common stock is a party adverse to the Company or has a material interest adverse to the Company in any proceeding.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARWerner Funk, Chief executive officer
- 15SEC EDGARWerner Funk, Chief financial officer
- 16
- 17
- 18
- 19SEC EDGARJanice M. Quigley, Vice President
- 20SEC EDGARRichard L. Miller, Board member
- 21SEC EDGARJohn M. Palumbo, Board member
- 22SEC EDGARGeorge G. Chachas, Board member
- 23
- 24
- 25
- 26SEC EDGARShareholder vote
- 27SEC EDGARShareholder vote
- 28
- 29SEC EDGARShareholder vote
- 30SEC EDGARChange of auditor
- 31SEC EDGARShareholder vote
- 32SEC EDGARShareholder vote
- 33
- 34