Overview
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- TickerSNTW on OTC1
- IndustryRefuse Systems1
- HeadquartersMiami, Florida1
- Incorporated inNV3
- Business address1221 Brickell Avenue, Suite 900, Miami, Fl 331313
- Filer category, Emerging growth company3
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These activities were designed as preparatory work and were not intended to represent ongoing commercial operations.4 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
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue56¢$12.7K
- Interest44¢$10.0K
Out of $11.8K in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 1 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|
| Revenue | $11.8K | ||
| Cost of Sales | -$12.7K | ||
| Gross loss | -$870 | ||
| Interest income | $1.9K | ||
| Interest expense | -$10.0K | ||
| Gain on debt forgiveness | $12.5K | ||
| Total Other income: | -$10.0K | $14.4K | |
| General and administrative expenses | $320.2K | $230.6K | |
| Loss from operations | -$320.2K | -$230.6K | |
| Net Loss before tax | -$331.1K | -$314.6K | -$216.2K |
| Net Loss | -$331.1K | -$216.2K | |
| Basic Net Loss per share | -$0.05 | $0.00 | |
| Diluted Net Loss per share | -$0.05 | $0.00 | |
| Weighted average number of common shares outstanding | 68.9M shares | 88.7M shares | |
| Diluted weighted average number of common shares outstanding | 68.9M shares | 88.7M shares |
| Period ending | 2024-12-31 |
|---|---|
| General and administrative expenses | $98.4K |
| Loss from operations | -$98.4K |
| Net Loss before tax | -$98.4K |
| Net Loss | -$98.4K |
| Basic Net Loss per share | $0.00 |
| Diluted Net Loss per share | $0.00 |
| Weighted average number of common shares outstanding | 68.9M shares |
| Diluted weighted average number of common shares outstanding | 68.9M shares |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|---|
| Cash & cash equivalents | $94.6K | $39.2K | ||
| Deposits | $2.2K | $2.2K | ||
| Prepayments | $15.5K | $62.3K | ||
| Total Current Assets | $112.2K | $103.7K | ||
| Plant & equipment, net | $4.6K | |||
| Total Non-Current Asset | $4.6K | |||
| TOTAL ASSETS | $116.8K | $103.7K | ||
| Accounts payable and accrued expenses | $52.3K | $36.1K | ||
| Due to related parties | $957.1K | $629.0K | ||
| Total Current Liabilities | $1.0M | $665.1K | ||
| Common stock, $0.001 par value, 500,000,000 shares authorized; 68,911,657 issued and outstanding as of December 31, 2025 and December 31, 2024. | $68.9K | $68.9K | ||
| Additional paid-in capital | $878.8K | $878.8K | ||
| Accumulated deficit | -$1.8M | -$1.5M | ||
| Total Stockholders Deficit | -$892.5K | -$561.4K | $2.1M | -$538.5K |
| TOTAL LIABILITIES & STOCKHOLDERS DEFICIT | $116.8K | $103.7K | ||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued | 68.9M shares | 68.9M shares | ||
| Common stock, shares outstanding | 68.9M shares | 68.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|---|
| Cash & cash equivalents | $94.6K | $39.2K | ||
| Deposits | $2.2K | $2.2K | ||
| Prepayments | $15.5K | $62.3K | ||
| Total Current Assets | $112.2K | $103.7K | ||
| Plant & equipment, net | $4.6K | |||
| Total Non-Current Asset | $4.6K | |||
| TOTAL ASSETS | $116.8K | $103.7K | ||
| Accounts payable and accrued expenses | $52.3K | $36.1K | ||
| Due to related parties | $957.1K | $629.0K | ||
| Total Current Liabilities | $1.0M | $665.1K | ||
| Common stock, $0.001 par value, 500,000,000 shares authorized; 68,911,657 issued and outstanding as of December 31, 2025 and December 31, 2024. | $68.9K | $68.9K | ||
| Additional paid-in capital | $878.8K | $878.8K | ||
| Accumulated deficit | -$1.8M | -$1.5M | ||
| Total Stockholders Deficit | -$892.5K | -$561.4K | $2.1M | -$538.5K |
| TOTAL LIABILITIES & STOCKHOLDERS DEFICIT | $116.8K | $103.7K | ||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued | 68.9M shares | 68.9M shares | ||
| Common stock, shares outstanding | 68.9M shares | 68.9M 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 (annual) or 1 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-09-30 |
|---|---|---|
| Net loss | -$331.1K | -$216.2K |
| Depreciation of fixed assets | $2.3K | |
| Shares issued for services | $47.0K | $29.7K |
| Prepayments | -$206 | -$25.8K |
| Accounts payable and accrued expenses | $16.2K | $8.9K |
| Net cash used in operating activities | -$265.8K | -$203.3K |
| Purchase of property, plant and equipment | -$6.9K | |
| Net cash used in investing activities | -$6.9K | |
| Due to related party | $328.1K | |
| Proceed from share issuance | $100.0K | |
| Net cash generated from financing activity | $328.1K | $100.0K |
| Net increase (decrease) in cash and cash equivalents | $55.3K | -$103.3K |
| Interest | $7.7K |
| Period ending | 2024-12-31 |
|---|---|
| Net loss | -$98.4K |
| Shares issued for services | $8.8K |
| Prepayments | $29.2K |
| Accounts payable and accrued expenses | $3.3K |
| Net cash used in operating activities | -$57.1K |
| Due to related party | $50.0K |
| Net cash generated from financing activity | $50.0K |
| Net increase (decrease) in cash and cash equivalents | -$7.1K |
What it owns
What Summit Networks 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 |
|---|---|---|---|
| Property and equipment, before depreciation | $6.9K2 Dec 31, 2025 | $5.5K2 Dec 31, 2024 | +24.3% |
| Accumulated depreciation | $2.3K2 Dec 31, 2025 | $5.5K2 Dec 31, 2024 | −59.2% |
| Property and equipment, net | $4.6K2 Dec 31, 2025 | $3.3K8 Sep 30, 2021 | +39.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $94.6K2 Dec 31, 2025 | $39.2K2 Dec 31, 2024 | +141.0% |
Properties, in its own words
Our principal executive offices are located at 1221 Brickell Avenue, Suite 900, Miami, Florida, USA 33131
Item 2 of the 10-K filed Apr 24, 2026.4
Leadership
Who has led Summit Networks Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
20202025
- Chief executive officerChao Long Huang Dec 23, 2025 to now15
- PresidentChao Long Huang Dec 23, 2025 to now15
- PresidentRiggs Cheung Jun 26, 2017 to Jun 26, 201716
- Chief financial officerXian Nan Zheng Dec 23, 2025 to now17
Board members and other officers (3)
- Board memberXian Nan Zheng Dec 23, 2025 to now17
- Board memberQiuli Chen Mar 1, 2018 to Mar 1, 201818
- Board memberRiggs Cheung Jun 26, 2017 to Jun 26, 201716
Timeline
- Sep 10, 20268-K Executive or director change19
- Feb 24, 20268-K Executive or director change20
- Feb 24, 20268-K Other events21
- Feb 24, 20268-K Other events22
- Feb 20, 20268-K Executive or director change23
- Dec 23, 2025New chief executive Chao Long Huang becomes CEO15
- Nov 18, 20258-K Other events24
- Oct 17, 20258-K Executive or director change; Bylaws or fiscal year changed25
- Oct 8, 20258-K Executive or director change26
- Aug 28, 20258-K Executive or director change27
- Aug 12, 20258-K Other events28
- Aug 12, 20258-K Entered a material agreement29
- Apr 15, 20258-K Entered a material agreement30
Filings
69 filings to the SEC since October 2021: 7 annual reports, 19 quarterly reports, 31 major events, 2 insider forms, 10 other. The latest 20:
- Sep 10, 20268-K CURRENT REPORT EDGAR
- Aug 13, 202610-Q EDGAR
- May 19, 202610-Q QTR. REPORT - MARCH 31, 2026 EDGAR
- May 12, 2026NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Apr 24, 202610-K YEAR- END REPORT - DEC. 31, 2025 EDGAR
- Mar 30, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Feb 24, 20268-K CURRENT REPORT EDGAR
- Feb 24, 20268-K CURRENT REPORT EDGAR
- Feb 24, 20268-K CURRENT REPORT EDGAR
- Feb 20, 20268-K EDGAR
- Jan 9, 2026DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR
- Dec 23, 20253 PRIMARY DOCUMENT EDGAR
- Dec 23, 20253 PRIMARY DOCUMENT EDGAR
- Dec 19, 2025PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
- Nov 18, 20258-K CURRENT REPORT EDGAR
- Nov 14, 202510-Q QTR. REPORT - SEPT. 30, 2025 EDGAR
- Oct 17, 20258-K CURRENT REPORT EDGAR
- Oct 8, 20258-K CURRENT REPORT EDGAR
- Aug 28, 20258-K CURRENT REPORT EDGAR
- Aug 19, 202510-Q QTR. REPORT - JUNE 30, 2025 EDGAR
The 69 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 Summit Networks Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSummit Networks Inc.1
- CIK0001619096
- Employer ID (EIN)35-25112574
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)4953 Refuse Systems1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address1221 Brickell Avenue, Suite 900, Miami, FL 331311
- Phone305-347-51581
- Shares outstanding68,911,657 as of Jun 30, 202611
- Public float$1.9M as of Dec 31, 20254
- AuditorMao & Ying LLP, Vancouver, Canada PCAOB ID 6976; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceOct 1, 20141
- Filings170 in all: 8-K (55), 10-Q (35), NT 10-Q (13), 10-K (12), 3 (8), 10-Q/A (7), 10-K/A (6), NT 10-K (6)1
All 19 form types
8-K/A (4), SC 13D (4), UPLOAD (4), 4 (3), SC 14F1 (3), CORRESP (2), DEF 14C (2), PRE 14C (2), S-1/A (2), EFFECT (1), S-1 (1)
- Latest filingsAnnual report (10-K) Apr 24, 2026
Quarterly report (10-Q) Aug 13, 2026
Latest 8-K (8-K) Sep 10, 2026
Risk factors and legal proceedings
Legal proceedings
We are not currently involved in any material legal proceedings nor are we aware of any pending or potential legal actions.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARRiggs Cheung, President
- 17
- 18SEC EDGARQiuli Chen, Board member
- 19SEC EDGARExecutive or director change
- 20SEC EDGARExecutive or director change
- 21SEC EDGAROther events
- 22SEC EDGAROther events
- 23SEC EDGARExecutive or director change
- 24SEC EDGAROther events
- 25
- 26SEC EDGARExecutive or director change
- 27SEC EDGARExecutive or director change
- 28SEC EDGAROther events
- 29SEC EDGAREntered a material agreement
- 30SEC EDGAREntered a material agreement