Security
SUMMIT NETWORKS INC Common Stock · SNTW
SNTWOTCCommon stockCurrentCIK 1619096Updated Oct 6, 2026
SNTW price & chart
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SEC disclosures
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
10-Q filing
10-Q filing
NT 10-Q filing
10-K filing
Show 2 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q3 2023 | Q2 2026 | Q2 2025 | Q2 2024 | Q2 2023 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | — | — | — | 116,849Source | 103,709Source | — | — | 164,377Source | 116,849Source | 234,676Source | 164,377Source | 8,829Source |
| Property, Plant and Equipment, NetUSD | — | — | — | 4,620Source | — | — | — | — | 4,620Source | — | — | — |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 94,559Source | 39,230Source | — | — | 149,614Source | 94,559Source | 39,230Source | 149,614Source | 8,829Source |
| Assets, CurrentUSD | — | — | — | 112,229Source | 103,709Source | — | — | 164,377Source | 112,229Source | 234,676Source | 164,377Source | 8,829Source |
| LIABILITIES AND EQUITY | ||||||||||||
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | — | — | — | 68,912Source | 68,912Source | — | — | 67,140Source | 68,912Source | 68,912Source | 67,140Source | 62,050Source |
| Additional Paid in CapitalUSD | — | — | — | 878,755Source | 878,755Source | — | — | 588,867Source | 878,755Source | 1,029,095Source | 588,867Source | 393,867Source |
| Retained Earnings (Accumulated Deficit)USD | — | — | — | -1,840,134Source | -1,509,061Source | — | — | -1,194,477Source | -1,840,134Source | -1,509,061Source | -1,194,477Source | -1,218,255Source |
| Stockholders' Equity Attributable to ParentUSD | -644,376Source | -451,985Source | -640,336Source | -892,467Source | -561,394Source | -489,513Source | -590,523Source | -538,470Source | -892,467Source | -411,054Source | -538,470Source | -762,338Source |
| Liabilities and EquityUSD | — | — | — | 116,849Source | 103,709Source | — | — | 164,377Source | 116,849Source | 234,676Source | 164,377Source | 8,829Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | — | — | — | 1,009,316Source | 665,103Source | — | — | 702,847Source | 1,009,316Source | 645,730Source | 702,847Source | 771,167Source |
cash flow · annual statements
| Line item | Q3 2025 | Q3 2024 | Q3 2023 | Q2 2026 | Q2 2025 | Q2 2024 | Q2 2023 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -62,472Source | -49,813Source | — | — | -51,043Source | -28,185Source | — | -331,073Source | — | 23,778Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | — | — | 2,259Source | — | — | 3,322Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | — | — | -265,848Source | — | -59,305Source | -72,049Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | — | — | -6,879Source | — | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | — | — | 6,879Source | — | — | — |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | — | — | 328,056Source | — | 200,090Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | 94,559Source | 39,230Source | 101,812Source | — | 149,614Source | 94,559Source | 39,230Source | 149,614Source | 8,829Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 7,697Source | — | — | — |
| Additional Financial Items | ||||||||||||
| DepreciationUSD | — | — | — | — | — | — | — | — | 2,259Source | — | 0Source | 3,322Source |
| General and Administrative ExpenseUSD | — | — | — | — | — | — | — | — | 320,220Source | — | 165,362Source | 108,205Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | — | — | — | — | -331,073Source | — | 23,778Source | -108,205Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | -9,983Source | — | 189,140Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | — | — | 200,090Source | — |
| Net Income (Loss) Available to Common Stockholders, Basic | —Source | —Source | — | — | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2020 | Q3 2025 | Q3 2024 | Q3 2022 | Q3 2021 | Q2 2022 | Q2 2021 | Q1 2021 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | — | — | — | — | — | — | 11,797Source | — | — | — |
| Cost of Goods and Services Sold | — | — | — | — | — | — | — | — | —Source | — | — | — |
| Operating Income (Loss)USD | — | — | — | — | — | — | — | -71,854Source | -320,220Source | -230,550Source | -165,362Source | -108,205Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | -9,983Source | 14,400Source | 189,140Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | -331,073Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | -54,494Source | -289,232Source | -76,204Source | -100,232Source | -71,854Source | -331,073Source | -216,150Source | 23,778Source | -108,205Source |
| Earnings Per Share, BasicUSD per share | — | — | — | — | — | — | — | 0Source | -0.05Source | 0Source | 0Source | 0Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | — | — | — | — | 0Source | -0.05Source | 0Source | 0Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | — | — | — | — | 64,049,990Source | 68,911,657Source | 88,711,657Source | 67,139,990Source | 62,049,990Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | — | — | — | — | 64,049,990Source | 68,911,657Source | 88,711,657Source | 67,139,990Source | 62,049,990Source |
| Additional Financial Items | ||||||||||||
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | — | — | 2,259Source | — | — | — |
| General and Administrative ExpenseUSD | — | — | — | — | — | — | — | 71,854Source | 320,220Source | 230,550Source | 165,362Source | 108,205Source |
| Gross ProfitUSD | — | — | — | — | — | — | — | — | -870Source | — | — | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | 9,983Source | — | — | — |
| Interest Expense, DebtUSD | — | — | — | — | — | — | — | — | 8,616Source | — | — | — |
| Interest Income (Expense), NetUSD | — | — | — | — | — | — | — | — | — | 1,900Source | 1,900Source | — |
| Net Income (Loss) Available to Common Stockholders, Basic | — | —Source | —Source | — | — | — | — | — | — | — | — | — |