secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPECTRAL CAPITAL Corp (FCCN)
CIK:        0001131903
Form:       8-K/A
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001096906-25-001691
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral Capital files 42 Telecom audited FY2024: revenue $26.1M, net income $524k
--------------------------------------------------------------------------------

- 42 Telecom FY2024 total revenue $26.1M (up 38% from $18.9M in FY2023); net income $524k vs loss $690k.
- Gross profit improved to $3.3M (12.6% margin) from $1.8M (9.3% margin) in FY2023.
- Related-party revenue surged to $9.5M (36% of total) from $2.0M in FY2023.
- As of Dec 31, 2024: total assets $5.0M, total liabilities $3.7M, stockholders' equity $1.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131903/000109690625001691/0001096906-25-001691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131903/000109690625001691/fccn-20250801_8kz.htm
  HTML page:      https://secwatch.observer/filing/0001096906-25-001691

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer