0001437749-26-008965
SEC filingThis 10-K/A filing for LiqTech International, Inc. for the fiscal year ended December 31, 2025, is an amendment filed solely to include Part III disclosures (Items 10-14) and does not revise the company's financial statements. The document provides detailed information on corporate governance, executive compensation, and security ownership. Key personnel include CEO Fei Chen and CFO David Kowalczyk, who were appointed in 2022 and 2025 respectively. The company's board consists of six directors, with four determined to be independent. Executive compensation for 2025 totaled $816,557 for the CEO and $473,758 for the CFO. As of December 31, 2025, the company had 703,753 securities issuable upon exercise of outstanding options/warrants/rights and 1,385,737 shares available for future issuance under its equity compensation plan. The aggregate market value of common stock held by non-affiliates was $9,702,533 based on a $1.60 closing price on June 30, 2025. The company is classified as a non-accelerated filer and smaller reporting company.
This 10-K/A filing represents Amendment No. 1 to LiqTech International, Inc.'s Annual Report for the fiscal year ended December 31, 2025. The amendment was filed solely to include Part III disclosures (Items 10 through 14) covering directors, executive officers, corporate governance, executive compensation, security ownership, related transactions, and principal accountant fees. The filing explicitly states that this additional disclosure does not revise or alter the company's financial statements or any forward-looking statements contained in the original filing dated February 27, 2026. The company is incorporated in Nevada with principal executive offices in Ballerup, Denmark, and its common stock trades on Nasdaq under ticker LIQT. As of the filing date, the company had 9,947,841 shares of common stock outstanding with a par value of $0.001 per share.
The amendment filing does not contain revenue or segment performance data as it focuses exclusively on Part III disclosures. The explanatory note clearly states that the amendment does not revise the company's financial statements, which would typically contain revenue information. The document provides no segment breakdown, geographic mix, or revenue growth drivers since these would be contained in the financial statements and MD&A sections that are not part of this amendment. The filing's purpose is limited to corporate governance and compensation disclosures required under Items 10-14 of Form 10-K.
No margin or profitability data is included in this amendment filing. The document contains no information about gross margin, operating margin, net income, or earnings per share since these financial metrics would be presented in the company's financial statements, which are not revised or included in this amendment. The filing focuses exclusively on non-financial disclosures related to corporate governance, director and executive compensation, security ownership, and related party transactions. Cost structure information and profitability trends are not addressed in this specific document.
This amendment filing contains no cash flow or balance sheet information. The document does not include statements of cash flows, balance sheets, or related financial position data. The only financial figures mentioned relate to executive compensation amounts, director fees, audit fees, and security ownership percentages. Operating cash flow, free cash flow, debt levels, and liquidity position information would be contained in the company's financial statements, which are not part of this amendment filing. The document's Item 15 references financial statements being set forth under Item 8 of the Annual Report, but these are not included in this amendment.
The amendment filing contains no forward-looking statements, management guidance, or strategic priorities regarding future performance. The explanatory note specifically states that the additional disclosure in this amendment does not revise or alter any forward-looking statements contained in the original filing. No risk factors, market outlook, or strategic initiatives are discussed in this document since it is limited to the specific Part III disclosures. The filing serves the administrative purpose of completing the corporate governance and compensation disclosures required by SEC regulations without modifying the company's previously reported financial information or forward-looking statements.