Cemtrex Inc 2023年度报告

FORM 10-K ₹ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESACT OF 1934 For the fiscal year ended September 30, 2024OR ₹TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESACT OF 1934 Commission File Number001-37464 (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(g) of the Act: Common Stock, $0.001 par value per share Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct. Yes₹No₹ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theExchange Act. Yes₹No₹ Indicate by check mark whether the registrant (has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes₹No₹ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or forsuch shorter period that the registrant was required to submit such files). Yes₹No₹ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer₹Accelerated filer₹Emerging growth company₹Non-accelerated filer₹Smaller reporting company₹ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.₹ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment ofthe effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.₹ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recoveryperiod pursuant to §240.10D-1(b).₹ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes₹No₹ As of March 28, 2024, the number of the registrant’s common stock held by non-affiliates of the registrant was 483and the aggregate market value $4,249,917 based on the average bid and asked price of $8,799 on March 28, 2024. As of December 23, 2024, the registrant had 1,724,162 shares of common stock outstanding. CEMTREX, INC. AND SUBSIDIARIES INDEX Page Item 4Mine Safety Disclosures28Part IIItem 5Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchasesof Equity Securities29Item 6[Reserved]30Item 7Management’s Discussion and Analysis of Financial Condition and Results of Operations30Item 7AQuantitative and Qualitative Disclosures about Market Risk34Item 8Financial Statements and Supplementary Data34Item 9Changes in and Disagreements with Accountants on Accounting and Financial Disclosure34Item 9AControls and Procedures34Item 9BOther Information35Item 9CDisclosure Regarding Foreign Jurisdictions That Prevent Inspections35Part IIIItem 10Directors, Executive Officers and Corporate Governance36Item 11Executive Compensation41Item 12Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters43Item 13Certain Relationships and Related Transactions and Director Independence45Item 14Pricipal Accountatnt Fees and Services45Part IVItem 15Exhibits and Financial Statement Schedules46Item 16Form 10-K Summary462 Part I FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K includes “forward-looking statements” within the meaning of theSecurities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). Anystatements contained in this Annual Report on Form 10-K, other than statements of historical fact, includingstatements about management’s beliefs and expectations, are forward-looking statements and should be evaluated assuch. These statements are made on the basis of management’s views and assumptions regarding future events andbusiness performance. These forwar