TCRI 10-K & 10-Q changes, risk factors and insider trading
TechCom, Inc. · OTC · Blank Checks · CIK 1481443 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Risk Factors
Not available: the section could not be located automatically in both filings (non-standard layout or incorporated by reference). See the original filing. Open the filing on SEC.gov.
Management's Discussion & Analysis (MD&A)
Largest changes
“In September 2025, the FASB issued ASU No. 2025-06, Intangibles: Goodwill and Other‒Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06). The guidance modernizes the accounting for software costs and enhances the transparency about an entity’s software costs. The guidance will be effective for the annual periods beginning with the year ending December 31, 2027 and for interim periods beginning January 1, 2028. Early adoption is permitted. …”see in full comparison
“In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40). The ASU requires the disaggregated disclosure of specific expense categories, including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. …”see in full comparison
“In November 2023, the FASB issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures (Topic 280). This ASU updates reportable segment disclosure requirements by requiring disclosures of significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”) and included within each reported measure of a segment's profit or loss. …”see in full comparison
“In December 2025, the FASB issued ASU No. 2025-10, Accounting for Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (ASU 2025-10) to establish authoritative guidance on the recognition, measurement, and presentation of government grants received by business entities. The guidance will be effective for the annual periods beginning with the year ending December 31, 2028 and for interim periods beginning January 1, 2029. Early adoption is permitted. …”see in full comparison
“In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Improvements to Income Tax Disclosures (Topic 740). The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as additional information on income taxes paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024. Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance. …”see in full comparison
“In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (ASU 2024-03). The guidance requires disaggregated information about certain income statement expense line items on an annual and interim basis. This guidance will be effective for annual periods beginning with the year ending December 31, 2027 and for interim periods thereafter. The new standard permits early adoption and can be applied prospectively or retrospectively. …”see in full comparison
Full comparison: every changed paragraph (9)
A reconciliation of income tax expense (benefit) computed at the federal statutory rate to the reported income tax expense (benefit) for the years ended December 31, 2025 and 2024 is as follows:
In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (ASU 2024-03). The guidance requires disaggregated information about certain income statement expense line items on an annual and interim basis. This guidance will be effective for annual periods beginning with the year ending December 31, 2027 and for interim periods thereafter. The new standard permits early adoption and can be applied prospectively or retrospectively. We are evaluating the effect that this guidance will have on our financial statements and related disclosures.
In September 2025, the FASB issued ASU No. 2025-06, Intangibles: Goodwill and Other‒Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06). The guidance modernizes the accounting for software costs and enhances the transparency about an entity’s software costs. The guidance will be effective for the annual periods beginning with the year ending December 31, 2027 and for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption, the guidance can be applied prospectively, retrospectively, or under a modified transition approach. We are evaluating the effect that this guidance and do not expect the adoption of this guidance to have a material impact on our financial statements.
In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements (ASU 2025-11), which clarifies interim disclosure requirements and the applicability of Topic 270. The guidance will be effective for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption, the guidance can be applied prospectively or retrospectively.
In December 2025, the FASB issued ASU No. 2025-10, Accounting for Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (ASU 2025-10) to establish authoritative guidance on the recognition, measurement, and presentation of government grants received by business entities. The guidance will be effective for the annual periods beginning with the year ending December 31, 2028 and for interim periods beginning January 1, 2029. Early adoption is permitted. Upon adoption, the guidance can be applied using a modified prospective, modified retrospective, or under a retrospective approach. We are evaluating the effect that this guidance and do not expect the adoption of this guidance to have a material impact on our financial statements. We do not expect the adoption of this guidance to have a material impact on our financial statements.
In December 2023, the Financial Accounting Standards
Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Improvements to Income Tax Disclosures
(Topic 740). The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as
additional information on income taxes paid. The ASU is effective on a prospective basis for annual periods beginning after December 15,
2024. Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance. This
ASU will likely result in the required additional disclosures being included in our consolidated financial statements, once adopted.
In November 2024, the FASB issued ASU No. 2024-03,
Disaggregation of Income Statement Expenses (Subtopic 220-40). The ASU requires the disaggregated disclosure of specific expense categories,
including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This
ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective
for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Adoption
of this ASU can either be applied prospectively to consolidated financial statements issued for reporting periods after the effective
date of this ASU or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is
also permitted. This ASU will likely result in the required additional disclosures being included in our consolidated financial statements,
once adopted. We are currently evaluating the provisions of this ASU.
Beginning in 2025 annual reporting, we adopted Accounting Standards Update (ASU) No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09) on a prospective basis. This standard improves the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the effective tax rate reconciliation and income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures.
In November 2023, the FASB issued ASU No. 2023-07,
Improvements to Reportable Segment Disclosures (Topic 280). This ASU updates reportable segment disclosure requirements by requiring disclosures
of significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”) and
included within each reported measure of a segment's profit or loss. This ASU also requires disclosure of the title and position of the
individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment’s profit or loss in
assessing segment performance and deciding how to allocate resources. The ASU is effective for annual periods beginning after December
15, 2023, and interim periods within fiscal years beginning after December 15, 2024. We adopted this ASU retrospectively on December 31,
2024. Refer to Note 17, Segment Reporting and Information about Geographic Areas for the inclusion of the new required disclosures.
What changed in the latest 10-Q
Risk Factors
The information to be reported under this Item is not required for smaller reporting companies.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
“For the six months ended June 30, 2026 and 2025, professional expenses were $13,201 and $17,800, respectively. The decrease of $4,599 was primarily attributable to lower legal and professional fees incurred during the current period. During the prior-year period, the Company incurred higher legal costs related to SEC filings, corporate governance matters, Delaware annual compliance, and other corporate advisory services. In addition, audit and accounting fees were lower during the current period due to reduced professional services required.”see in full comparison
“For the three months ended June 30, 2026 and 2025, professional expenses were $5,037 and $10,300 respectively. The decrease of $5,263 was primarily due to the absence of significant legal fees incurred in the prior-year quarter for SEC filing and corporate governance matters. Professional fees during the current quarter consisted primarily of audit review, accounting and compliance services, and related professional disbursements, resulting in lower overall professional expenses compared to the corresponding period in 2025.”see in full comparison
For the three months endedsee in full comparisonMarchJune31,30, 2026 and 2025,2025, generalprofessional and administrative expenses were$2,525$6,817 and$3,830$12,833, respectively. The decrease of$ 1,305 in general and administrative$6,016 wasduemainlyprimarily attributable tovirtual officelower legal andhandling expensesfees incurredinduring thepriorcurrent quarter. During the corresponding period($2,386),in 2025, the Company incurred higher legal fees related to SEC filings, Delaware corporate compliance, and corporate governance matters, which did not recur in the current quarter.period.The decrease was also partially attributable to lower administrative expenses during the current quarter.
In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements (ASU 2025-11), which clarifies interim disclosure requirements and the applicability of Topic 270. The guidance will be effective for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption, the guidance can be applied prospectively or retrospectively. We do not expect the adoption of this guidance to have a material impact on our financial statements In December 2025, the FASB issued ASU No. 2025-10, Accounting for Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (ASU 2025-10) to establish authoritative guidance on the recognition, measurement, and presentation of government grants received by business entities. The guidance will be effective for the annual periods beginning with the year ending December 31, 2028 and for interim periods beginning January 1, 2029. Early adoption is permitted. Upon adoption, the guidance can be applied using a modified prospective, modified retrospective, or under a retrospective approach. We are evaluating the effect that this guidance and do not expect the adoption of this guidance to have a material impact on our financial statements. We do not expect the adoption of this guidance to have a material impact on our financial statements.see in full comparison
“The decrease of $6,657 was primarily attributable to lower legal and professional fees incurred during the current period, including reduced costs associated with SEC filings, corporate governance, and other professional advisory services. In addition, the Company incurred lower administrative expenses compared to the prior-year period, reflecting reduced ongoing corporate and administrative activities.”see in full comparison
“In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements (ASU 2025-11), which clarifies interim disclosure requirements and the applicability of Topic 270. The guidance will be effective for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption, the guidance can be applied prospectively or retrospectively.”see in full comparison
Full comparison: every changed paragraph (20)
You should
read this discussion together with the Financial Statements, related Notes and other financial information included elsewhere in this
Form 10-Q .10-Q. The following discussion contains assumptions, estimates and other forward-looking statements that
involve a number of
risks and uncertainties, including those discussed under “Risk Factors,” and elsewhere in this Form 1010-Q. -Q.
These risks
could cause our actual results to differ materially from those anticipated in these forward-looking statements.
This discussion
is intended to further the reader’s understanding of the Company’s financial condition and results of operations and should
be read in conjunction with the Company’s financial statements and related notes included elsewhere herein. This discussion also
contains forward-looking statements. The Company’s actual results could differ materially from those anticipated in these forward-looking
statements as a result of the risks and uncertainties set forth elsewhere in this QuarterlyAnnual Report onand Form 10-Q and
in the Company’s other SEC filings.
Readers are cautioned not to place undue reliance on any forward-looking statements, which speak
only as of the date hereof. The Company
is not party to any transactions that would be considered “off balance sheet” pursuant
to disclosure requirements under Item
303(c) of Regulation S-K.
Due to our lack of revenues, we have not incurred
any tax obligations for the threesix months ended MarchJune 31,30, 2026 and 2025. However, we would anticipate that income tax obligations will arise
arise as we begin to generate significant revenue in the future.
In December 2025, the FASB issued ASU No. 2025-11,
Interim Reporting (Topic 270): Narrow-Scope Improvements (ASU 2025-11), which clarifies interim disclosure requirements and the applicability
of Topic 270. The guidance will be effective for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption,
the guidance can be applied prospectively or retrospectively.
In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements (ASU 2025-11), which clarifies interim disclosure requirements and the applicability of Topic 270. The guidance will be effective for interim periods beginning January 1, 2028. Early adoption is permitted. Upon adoption, the guidance can be applied prospectively or retrospectively. We do not expect the adoption of this guidance to have a material impact on our financial statements In December 2025, the FASB issued ASU No. 2025-10, Accounting for Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (ASU 2025-10) to establish authoritative guidance on the recognition, measurement, and presentation of government grants received by business entities. The guidance will be effective for the annual periods beginning with the year ending December 31, 2028 and for interim periods beginning January 1, 2029. Early adoption is permitted. Upon adoption, the guidance can be applied using a modified prospective, modified retrospective, or under a retrospective approach. We are evaluating the effect that this guidance and do not expect the adoption of this guidance to have a material impact on our financial statements. We do not expect the adoption of this guidance to have a material impact on our financial statements.
The following table sets forth, as of MarchJune 31,30,
2026, the capitalization of TechCom, Inc. on an actual basis. This table should be read in conjunction with the more detailed financial
statements and notes thereto included elsewhere herein.
Results of Operations for the three and six
months
ended MarchJune 31,30, 2026 and 2025
For the three and six months ended MarchJune 31,30, 2026
and and
2025, we had no revenue.
For the threesix months ended MarchJune 31,30, 2026 and 2025,
2025, professional and administrative expenses were $10,689$17,506 and $11,330,$24,163, respectively. There are no significant changes.
The decrease of $6,657 was primarily attributable to lower legal and professional fees incurred during the current period, including reduced costs associated with SEC filings, corporate governance, and other professional advisory services. In addition, the Company incurred lower administrative expenses compared to the prior-year period, reflecting reduced ongoing corporate and administrative activities.
For the six months ended June 30, 2026 and 2025, professional expenses were $13,201 and $17,800, respectively. The decrease of $4,599 was primarily attributable to lower legal and professional fees incurred during the current period. During the prior-year period, the Company incurred higher legal costs related to SEC filings, corporate governance matters, Delaware annual compliance, and other corporate advisory services. In addition, audit and accounting fees were lower during the current period due to reduced professional services required.
For the three months ended March 31, 2026 and
2025, professional expenses were $8,164 and $7,500, respectively. The increase of $ 664 in professional fees was due to the higher consultation
fees for the three months ended March 31, 2026.
For the three months ended MarchJune 31,30, 2026 and 2025,
2025, generalprofessional and administrative expenses were $2,525$6,817 and $3,830$12,833, respectively. The decrease of $ 1,305 in general and administrative$6,016 was
due mainlyprimarily attributable to virtual officelower
legal and mailprofessional handling expensesfees incurred induring the priorcurrent quarter. During the corresponding period ($2,386),in 2025, the Company incurred higher
legal fees related to SEC filings, Delaware corporate compliance, and corporate governance matters, which did
not recur in the current
quarter. period.The decrease was also partially attributable to lower administrative expenses during the current quarter.
For the three months ended June 30, 2026 and 2025, professional expenses were $5,037 and $10,300 respectively. The decrease of $5,263 was primarily due to the absence of significant legal fees incurred in the prior-year quarter for SEC filing and corporate governance matters. Professional fees during the current quarter consisted primarily of audit review, accounting and compliance services, and related professional disbursements, resulting in lower overall professional expenses compared to the corresponding period in 2025.
The accompanying financial statements have been
prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation
of liabilities in the normal course of business. The Company currently has no operations and has a stockholders deficit of $ 318,601$325,418 with
an accumulated deficit of $ 2,738,167.$2,744,984. The Company intends to find a merger target in the form of an operating entity. The Company cannot
be certain that it will be successful in this strategy.
These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. However, the shareholder is willing to provide necessary financial support minimum for the next 12 months. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Accordingly, the accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.
The Company is a shell company with no operations and does not have specific products. Our research and development will depend on a future merger with an operational company or companies.
As of MarchJune 31,30, 2026, the Company’s sole
officer is Mr. Aziz Ali. He is serving as the Director, Chief Executive Officer and Chief Financial Officer.
As of MarchJune 31,30, 2026, we had cash of approximately
$ 5,152.$5,314.
As a result of our current liquidity status, no
officer or director received cash compensation through MarchJune 31,30, 2026.
TCRI insider buying and selling (Form 4)
Since 2026-04-11, insiders reported open-market purchases in 0 Form 4 filings and open-market sales in 0 filings. Totals add up every open-market (code P and S) line in those filings, using the prices reported in the filings. Awards, option exercises, tax withholding and gifts are listed below but not counted.
No Form 4 stock transactions in this period.
Well-known investors holding TCRI (13F)
None of the 59 investors we track reported a position in their latest 13F.