10-K - OZOP ENERGY SOLUTIONS, INC. (0001679817) (Filer)

Tue, Apr 15, 8:20 PM (37 days ago)

**Ozop Energy Solutions, Inc. (OZSC)** **Financial Performance:** - **Revenue:** $1,342,653 (2024) vs. $4,760,705 (2023) - **Net Income:** $(6,198,161) (2024) vs. $(7,369,681) (2023) - **Operating Expenses:** $3,619,155 (2024) vs. $5,644,981 (2023) - **Earnings per Share:** $(0.00) (2024 & 2023) **Strategic Overview:** - **Business Lines:** Renewable energy, EV, energy storage, and energy resiliency sectors. - **Subsidiaries:** Ozop Energy Systems, Ozop Capital Partners, Ozop Engineering and Design, Automated Room Controls. - **Products:** NeoVolt™ system, vehicle service contracts (VSCs), advanced lighting controls. **Future Outlook:** - **Funding:** Plans to access public equities market for product development, sales, marketing, and inventory. - **Agreements:** Equity Financing Agreement with GHS for up to $10,000,000 of funding. **Risk Factors:** - **Financial Condition:** Accumulated deficit of $224,868,641 and working capital deficit of $32,232,815 as of December 31, 2024. - **Debt:** In default of $19,925,000 plus accrued interest on debt instruments. - **Market Position:** Trades on OTC Pink Market under the symbol "OZSC." **Market Position Changes:** - **Share Price:** $0.0003 as of April 14, 2025. - **Shares Outstanding:** 8,450,615,922 as of April 15, 2025. **Other Notable Points:** - **Legal:** Settlement with former employees and YHS for $1,125,000 and delivery of 11 containers of solar panels. - **Governance:** No independent directors or audit committee, CEO and CFO certifications required by Sarbanes-Oxley Act.