Overview
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- TickerOZSC on OTC1
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
- HeadquartersWarwick, New York1
- Incorporated inNV2
- Business address55 Ronald Reagan Blvd., Warwick, Ny 109902
- Filer categoryNon-accelerated filer, Smaller reporting company2
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October 29, 2021, EV Insurance Company, Inc. (“EVCO”) was formed as a captive insurance company in the State of Delaware.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
OED Installations brought in 66% of the revenue OZOP ENERGY SOLUTIONS, INC. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| OED Installations | $300.6K | $201.7K |
| Sourced and Distributed Products | $1.0M | $105.7K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue72¢$220.8K
- Research and development15¢$46.8K
- Other costs13¢$39.8K
Out of $307.4K in revenue.4 The company lost money this year.
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 |
|---|---|---|
| Revenue | $307.4K | $1.3M |
| Cost of revenue | $220.8K | $1.2M |
| Gross profit | $86.7K | $155.5K |
| General and administrative, related parties | $960.0K | $960.0K |
| General and administrative, other | $2.1M | $2.7M |
| Total operating expenses | $3.1M | $3.6M |
| Loss from continuing operations | -$3.0M | -$3.5M |
| Interest expense | $4.2M | $4.0M |
| Loss (gain) on change in fair value of derivatives | $1.6M | -$1.0M |
| Gain on litigation settlement | -$271.4K | |
| Gain on sale of building to a related party | -$86.2K | |
| Total Other Expenses | $5.7M | $2.7M |
| Loss from continuing operations before income taxes | -$8.7M | -$6.2M |
| Net loss from continuing operations | -$8.7M | -$6.2M |
| Income from discontinued operations, net of tax | $3.6K | |
| Net loss | -$8.7M | -$6.2M |
| Loss from continuing operations per share of common stock basic | -$4 | -$5 |
| Loss from continuing operations per share of common stock fully diluted | -$4 | -$5 |
| Income from discontinued operations per share of common stock basic | $0 | $0 |
| Income from discontinued operations per share of common stock fully diluted | $0 | $0 |
| Loss per share fully basic | -$4.44 | -$4.88 |
| Loss per share fully diluted | -$4.44 | -$4.88 |
| Weighted average shares outstanding basic | 2.0M shares | 1.3M shares |
| Weighted average shares outstanding diluted | 2.0M shares | 1.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 9 quarters (quarterly), latest first.4
| Period ending | 2026-02-28 | 2026-01-31 | 2025-12-31 | 2025-05-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Cash | $266.4K | ||||
| Prepaid expenses | $32.1K | ||||
| Accounts receivable | $21.6K | ||||
| Inventory | $117.7K | ||||
| Total Current Assets | $437.7K | ||||
| Operating lease right-of-use asset, net | $161.7K | ||||
| Note receivable, related party | $150.0K | ||||
| Property and equipment, net | $10.7K | ||||
| Other assets | $13.4K | ||||
| TOTAL ASSETS | $773.5K | ||||
| Accounts payable and accrued expenses | $12.9M | ||||
| Related party liabilities | $281.6K | ||||
| Convertible notes payable, net of discounts | $2.7M | ||||
| Current portion of notes payable, net of discounts | $18.4M | ||||
| Derivative liabilities | $4.2M | ||||
| Operating lease liability, current portion | $84.6K | ||||
| Deferred liability | $532.4K | ||||
| Liabilities of discontinued operations | $1.0M | ||||
| Total Current Liabilities | $40.2M | ||||
| Operating lease liability, net of current portion | $93.7K | ||||
| TOTAL LIABILITIES | $40.3M | ||||
| Common stock (25,990,000,000 shares authorized, par value $0.001; 2,665,555 and 1,417,204 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | $2.7K | ||||
| Treasury stock, at cost, 47,500 shares of Series C Preferred Stock and 18,667 shares of Series D Preferred Stock | -$11.2M | ||||
| Additional paid in capital | $206.1M | ||||
| Accumulated deficit | -$233.6M | ||||
| Total Ozop Energy Solutions, Inc. stockholders deficit | -$38.7M | ||||
| Noncontrolling interest | -$784.8K | ||||
| TOTAL STOCKHOLDERS DEFICIT | -$39.5M | ||||
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $773.5K | ||||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |||
| Preferred stock, par value | $0.00 | ||||
| Common stock, shares authorized | 26.0B shares | 26.0B shares | 26.0B shares | ||
| Common stock, par value | $0.00 | ||||
| Common stock, shares issued | 58.3K shares | 5.0K shares | 2.7M shares | ||
| Common stock, shares outstanding | 5.0K shares | 2.7M shares | |||
| Common stock to be issued, shares | 128 shares |
| Period ending | 2026-02-28 | 2026-01-31 | 2025-12-31 | 2025-05-31 | 2025-03-31 | 2025-02-28 | 2024-12-31 | 2024-05-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash | $266.4K | $797.1K | |||||||
| Prepaid expenses | $32.1K | $64.9K | |||||||
| Accounts receivable | $21.6K | $80.0K | |||||||
| Inventory | $117.7K | $10.7K | |||||||
| Total Current Assets | $437.7K | $952.7K | |||||||
| Operating lease right-of-use asset, net | $161.7K | $226.7K | |||||||
| Note receivable, related party | $150.0K | ||||||||
| Property and equipment, net | $10.7K | $561.4K | |||||||
| Other assets | $13.4K | $13.4K | |||||||
| TOTAL ASSETS | $773.5K | $1.8M | |||||||
| Accounts payable and accrued expenses | $12.9M | $10.9M | |||||||
| Related party liabilities | $281.6K | $60.0K | |||||||
| Convertible notes payable, net of discounts | $2.7M | $25.0K | $25.0K | ||||||
| Current portion of notes payable, net of discounts | $18.4M | $20.2M | |||||||
| Derivative liabilities | $4.2M | $210.5K | |||||||
| Operating lease liability, current portion | $84.6K | $163.7K | |||||||
| Deferred liability | $532.4K | $502.6K | |||||||
| Liabilities of discontinued operations | $1.0M | $1.0M | |||||||
| Total Current Liabilities | $40.2M | $33.2M | |||||||
| Operating lease liability, net of current portion | $93.7K | $72.7K | |||||||
| TOTAL LIABILITIES | $40.3M | $33.3M | |||||||
| Common stock (25,990,000,000 shares authorized, par value $0.001; 2,665,555 and 1,417,204 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | $2.7K | $1.4K | $1.1K | ||||||
| Treasury stock, at cost, 47,500 shares of Series C Preferred Stock and 18,667 shares of Series D Preferred Stock | -$11.2M | -$11.2M | |||||||
| Additional paid in capital | $206.1M | $205.4M | $204.2M | ||||||
| Accumulated deficit | -$233.6M | -$224.9M | |||||||
| Total Ozop Energy Solutions, Inc. stockholders deficit | -$38.7M | -$30.7M | |||||||
| Noncontrolling interest | -$784.8K | -$784.8K | |||||||
| TOTAL STOCKHOLDERS DEFICIT | -$39.5M | -$31.5M | -$26.5M | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $773.5K | $1.8M | |||||||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | 10.0M shares | 10.0M shares | 10.0M shares | ||||
| Preferred stock, par value | $0.00 | $0.00 | |||||||
| Common stock, shares authorized | 26.0B shares | 26.0B shares | 26.0B shares | 16.0B shares | 26.0B shares | 9.0B shares | |||
| Common stock, par value | $0.00 | $0.00 | |||||||
| Common stock, shares issued | 58.3K shares | 5.0K shares | 2.7M shares | 1.4M shares | 1.1M shares | ||||
| Common stock, shares outstanding | 5.0K shares | 2.7M shares | 1.4M shares | ||||||
| Common stock to be issued, shares | 128 shares | 128 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 loss from continuing operations | -$8.7M | -$6.2M |
| Net income from discontinued operations | $3.6K | |
| Net loss | -$8.7M | -$6.2M |
| Non-cash interest expense | $1.2M | $1.1M |
| Amortization and depreciation | $208.6K | $214.4K |
| Loss (gain) on fair value change of derivatives | $1.6M | -$1.0M |
| Inventory write down | $134.0K | |
| Gain on sale of building to a related party | -$86.2K | |
| Stock compensation expense | $40.0K | |
| Accounts receivable | $58.4K | $88.8K |
| Inventory | -$107.0K | $945.3K |
| Prepaid expenses | $32.8K | $10.3K |
| Accounts payable and accrued expenses | $3.4M | $2.9M |
| Related party liabilities | $721.6K | $60.0K |
| Deferred revenue | $29.8K | $12.1K |
| Operating lease liabilities | -$161.1K | -$148.0K |
| Net cash used in continuing operations | -$1.8M | -$1.8M |
| Net cash used in discontinued operations | -$3.6K | |
| Net cash used in operating activities | -$1.8M | -$1.9M |
| Purchase of office and computer equipment | -$3.5K | -$11.1K |
| Loan to a related party in exchange for a promissory note receivable | -$150.0K | |
| Proceeds from sale of building to a related party | $100.0K | |
| Net cash used in investing activities | -$53.5K | -$11.1K |
| Proceeds from sale of common stock, net of costs | $392.2K | $1.2M |
| Proceeds from issuances of convertible notes payable, net | $573.0K | |
| Proceeds from issuances of promissory notes payable, net | $350.0K | |
| Net cash provided by financing activities | $1.3M | $1.2M |
| Net decrease in cash | -$530.7K | -$648.9K |
| Right-of-use assets obtained in exchange for operating lease obligations | $103.1K | |
| Forgiveness of related party liabilities for sale of building to a related party | $500.0K | |
| Common stock issued for convertible note payable | $153.9K | |
| Common stock issued for accrued interest | $131.7K | |
| Convertible note in exchange for promissory note and accrued interest | $3.6M | |
| Debt discount related to derivative liability | $2.4M |
No quarter-by-quarter statement was filed.
What it owns
What OZOP ENERGY SOLUTIONS, INC. 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 | $228.6K4 Dec 31, 2025 | $274.4K4 Dec 31, 2024 | −16.7% |
| Property and equipment, net | $10.7K4 Dec 31, 2025 | $561.4K4 Dec 31, 2024 | −98.1% |
| Operating-lease assets (leased space) | $161.7K4 Dec 31, 2025 | $226.7K4 Dec 31, 2024 | −28.7% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $117.7K4 Dec 31, 2025 | $10.7K4 Dec 31, 2024 | +1002.6% |
| Finished goods | $117.7K4 Dec 31, 2025 | $10.7K4 Dec 31, 2024 | +1002.6% |
Properties, in its own words
On January 2, 2021, the Company entered into a ten (10) year lease for a 6-bay garage storage facility of approximately 2,500 square feet. Pursuant to the lease the Company agreed to issue 20,000 post reverse split (100,000,000 prior to the reverse split) shares of restricted common stock. The shares were certificated on March 8, 2021, with an effective date of January 2, 2021. The Company valued the shares at $31.50 post reverse split ($0.0063 prior to the reverse split) per share (the market value of the common stock on the date of the agreement) and had initially recorded $630,000 as a prepaid expense. On September 6, 2022, the Company was assigned the title to a property located at 55 Ronald Reagan Blvd, Warwick, NY 10990, in exchange for the 20,000 post reverse split (100,000,000 prior to the reverse split) shares of common stock that were issued to the building owner in January 2021. The Company also entered into a free one-year Maintenance Agreement. The Company allocated $30,000 of the prepaid expense to the Maintenance Agreement and amortized the $30,000 over the one-year term. The Deed was recorded in the name of the Company on October 4, 2022. The Company reclassed the remaining $600,000 as a fixed asset and credited prepaid expense.
During the year ended December 31, 2025, the Company sold its building to an entity controlled by the Company’s CEO. The sale price was $600,000 and the Company received $100,000 in cash and the buyer forgave $500,000 of related party accrued and unpaid management fees owed to the CEO (see Note 8). The Company recorded a gain on the sale of the building to a related party of $86,250, which is included in the Statement of Operations for the year ended December 31, 2025. After the building was sold to the related party, the Company leased back the building from the same related party in September 2025 for a three-year lease with a monthly lease payment of $5,000 beginning on September 1, 2026, which was accounted for as a sale and leaseback transaction (see Note 12).
The rest of Item 2
On April 14, 2021, the Company entered into a five-year lease which began on June 1, 2021, for approximately 8,100 square feet of office and warehouse space in Carlsbad, California, expiring May 31, 2026. Initial lease payments of $13,148 began on June 1, 2021, and increase by approximately 2.4% annually thereafter. On February 22, 2023, with an effective date of March 1, 2023, the Company entered into a Sublease with the landlord and a third party for the office and warehouse in Carlsbad California. Pursuant to the Sublease agreement, the third party will be responsible for all of the Company’s lease obligations through May 31, 2026, the lease termination date.
Item 2 of the 10-K filed May 14, 2026.3
Leadership
Who has led OZOP ENERGY SOLUTIONS, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerMichael D. Chermak Aug 17, 2018 to Aug 17, 201812
- Chief financial officerBarry S. Hollander Aug 17, 2018 to Aug 17, 201813
- Chief operating officerSalman J. Chaudhry Aug 17, 2018 to Aug 17, 201814
- Chief operating officerThomas J. McLeer Nov 27, 2018 to Nov 27, 201815
Board members and other officers (3)
- Board memberEric Siu Aug 17, 2018 to Aug 17, 201816
- Board memberMichael D. Chermak Aug 17, 2018 to Aug 17, 201812
- Board memberSalman J. Chaudhry Aug 17, 2018 to Aug 17, 201814
Former names
Timeline
- Feb 25, 20268-K Regulation FD disclosure17
- Jan 27, 20268-K Regulation FD disclosure; Other events18
- Sep 25, 20248-K Regulation FD disclosure19
- Aug 2, 20248-K Regulation FD disclosure20
- Jul 22, 20248-K Regulation FD disclosure21
- May 3, 20248-K Regulation FD disclosure22
- Apr 12, 20248-K Regulation FD disclosure23
- Apr 2, 20248-K Regulation FD disclosure24
- Dec 18, 20238-K Regulation FD disclosure25
- Nov 14, 20238-K Regulation FD disclosure26
- Jun 30, 20238-K Bylaws or fiscal year changed27
- May 8, 20238-K Entered a material agreement28
- Aug 17, 2018New chief executive Michael D. Chermak becomes CEO12
Filings
95 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 23 major events, 50 other. The latest 20:
- Aug 19, 202610-Q EDGAR
- Aug 17, 2026NT 10-Q EDGAR
- Jul 2, 2026EFFECT EDGAR
- Jun 30, 2026CORRESP EDGAR
- Jun 23, 2026UPLOAD EDGAR
- Jun 18, 2026S-1 EDGAR
- May 22, 202610-Q EDGAR
- May 18, 2026NT 10-Q EDGAR
- May 14, 202610-K EDGAR
- Apr 1, 2026NT 10-K EDGAR
- Feb 25, 20268-K EDGAR
- Jan 27, 20268-K EDGAR
- Nov 19, 202510-Q EDGAR
- Nov 17, 2025NT 10-Q EDGAR
- Aug 19, 202510-Q EDGAR
- Aug 15, 2025NT 10-Q EDGAR
- Jun 3, 2025DEF 14C EDGAR
- May 22, 2025PRE 14C EDGAR
- May 20, 202510-Q EDGAR
- May 16, 2025NT 10-Q EDGAR
The 95 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.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Bessemer Group Inc | 1 | $0 | 0.0% | New |
| Towne Trust Company, N.A | 1 | $0 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How OZOP ENERGY SOLUTIONS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROZOP ENERGY SOLUTIONS, INC.1
- CIK0001679817
- Employer ID (EIN)35-25406723
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address55 Ronald Reagan Blvd., Warwick, NY 109901
- Phone(845) 544-51121
- Shares outstanding11,793,584 as of Aug 19, 202611
- Public float$2.7M as of Jun 30, 20253
- AuditorPrager Metis CPAs, LLC, Hackensack, New Jersey PCAOB ID 2733
- On EDGAR sinceAug 1, 20161
- Filings243 in all: 8-K (94), 10-Q (30), UPLOAD (14), NT 10-Q (13), CORRESP (12), 10-K (9), DEF 14C (8), EFFECT (8)1
All 27 form types
PRE 14C (8), NT 10-K (7), S-1 (7), 3 (6), 10-Q/A (4), S-1/A (4), 10-K/A (3), 8-K/A (3), 424B5 (2), SC 13G (2), 4 (1), 424B3 (1), 424B4 (1), 8-A12G (1), D (1), DEF 14A (1), DEFA14A (1), PRE 14A (1), S-3 (1)
- Latest filingsAnnual report (10-K) May 14, 2026
Quarterly report (10-Q) Aug 19, 2026
Proxy statement (DEF 14A) Mar 27, 2019
Latest 8-K (8-K) Feb 25, 2026
Risk factors and legal proceedings
Legal proceedings
We were involved as a plaintiff in a Complaint filed in the SUPERIOR COURT OF THE STATE OF CALIFORNIA FOR THE COUNTY OF SAN DIEGO NORTH COUNTY (the “Complaint”) on November 14, 2022. The Complaint alleges that former employees would place an order from a customer for purchase of product from OZOP with funds the exact source of which is presently unknown. OZOP alleges that next, the customer would sell that product to OZOP’s customers at a price marked up from the price for which the customer purchased from OZOP – to the benefit of Defendants and to the detriment of OZOP, their employer at the time. The Complaint further alleges that the former employees falsely represented that the price the customer was obtaining from other suppliers and therefore was willing to pay for OZOP product decreased, which allowed them to use the customer to then sell additional product to OZOP’s customers at increasingly larger margins, thus further wrongfully enriching themselves to the detriment of their employer, OZOP. The lawsuit also alleges that the employees were also making false statements to Ozop’s customers regarding the financial condition of Ozop and the lack of module inventory.
On April 4, 2024, the Company executed a Settlement Agreement (the “Settlement”) with its former employees and Your Home Solutions Corp (“YHS”). YHS and the former employees were all defendants (the “Defendants”) in the Complaint. Pursuant to the terms of the Settlement, the Defendants paid the Company $1,125,000 during the year ended December 31, 2024. In exchange, the Company agreed to release all Defendants from the lawsuit and to deliver 11 containers of solar panels. Upon the receipt of the $1,125,000 and the delivery of the 11 containers, and pursuant to the Settlement, the Company recorded sales of $728,640, a credit of $125,000 to legal expense and for the year ended December 31, 2024, recorded a gain on litigation settlement of $271,360.
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.
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- 16SEC EDGAREric Siu, Board member
- 17SEC EDGARRegulation FD disclosure
- 18
- 19SEC EDGARRegulation FD disclosure
- 20SEC EDGARRegulation FD disclosure
- 21SEC EDGARRegulation FD disclosure
- 22SEC EDGARRegulation FD disclosure
- 23SEC EDGARRegulation FD disclosure
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARRegulation FD disclosure
- 26SEC EDGARRegulation FD disclosure
- 27SEC EDGARBylaws or fiscal year changed
- 28SEC EDGAREntered a material agreement