Private company

Metalert, Inc.

Metalert, Inc. is an American radio and tv broadcasting and communications equipment company.1 It is headquartered in Los Angeles, California.1

Last updated Oct 20, 2026.

Overview

  • IndustryRadio & Tv Broadcasting & Communications Equipment1
  • HeadquartersLos Angeles, California1
  • Incorporated inNV2
  • Business address117 West 9Th Street,, Suite 1214,, Los Angeles,, Ca 900152
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

64.2%Gross margin3
-307.2%Operating margin3
-456.4%Net margin3
-26.9%Revenue growth, 20243

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue36¢$64.9K
  • Other costs64¢$116.6K

Out of $181.5K in revenue.3 The company lost money this year.

Financial statements

Revenue456783$181.5K in 2024−74% since 2018
0$500.0K$1.0M$1.5M$2.0M2018: $687.0K$687.0K20182019: $1.5M$1.5M2019+118%2020: $1.1M$1.1M2020−29%2021: $589.4K$589.4K2021−44%2022: $334.6K$334.6K2022−43%2023: $248.3K$248.3K2023−26%2024: $181.5K$181.5K2024−27%
Gross profit456783$116.6K in 2024−75% since 2018
0$500.0K$1.0M$1.5M2018: $474.0K$474.0K20182019: $1.3M$1.3M2019+176%2020: $460.3K$460.3K2020−65%2021: $255.3K$255.3K2021−45%2022: $144.8K$144.8K2022−43%2023: $21.4K$21.4K2023−85%2024: $116.6K$116.6K2024+444%
Operating income456783-$557.5K in 2024−45% since 2018
-$1.5M-$1.0M-$500.0K0$500.0K2018: -$1.0M-$1.0M20182019: $187.3K$187.3K20192020: -$627.2K-$627.2K20202021: -$904.5K-$904.5K2021+44%2022: -$1.4M-$1.4M2022+51%2023: -$876.9K-$876.9K2023−36%2024: -$557.5K-$557.5K2024−36%
Net income456783-$828.3K in 2024−53% since 2018
-$2.0M-$1.5M-$1.0M-$500.0K02018: -$1.8M-$1.8M20182019: -$586.3K-$586.3K2019−67%2020: -$368.4K-$368.4K2020−37%2021: -$1.2M-$1.2M2021+226%2022: -$1.5M-$1.5M2022+25%2023: -$1.2M-$1.2M2023−21%2024: -$828.3K-$828.3K2024−30%
Fiscal year2018201920202021202220232024
Revenue$687.0K4$1.5M5$1.1M6$589.4K7$334.6K8$248.3K3$181.5K3
Cost of revenue$213.0K4$193.5K5$599.0K6$334.2K7$189.8K8$226.9K3$64.9K3
Gross profit$474.0K4$1.3M5$460.3K6$255.3K7$144.8K8$21.4K3$116.6K3
Research and development$25.2K4$3.9K5$1.3K7$19.0K7$19.0K8$18.9K3$03
Operating expenses$1.2M7$1.5M8$898.4K3$674.0K3
Operating income-$1.0M4$187.3K5-$627.2K6-$904.5K7-$1.4M8-$876.9K3-$557.5K3
Interest
Net income-$1.8M4-$586.3K5-$368.4K6-$1.2M7-$1.5M8-$1.2M3-$828.3K3
Earnings per share-$0.667-$0.218-$0.053-$0.023
Earnings per share (diluted)-$0.218-$0.053-$0.023
Shares (weighted, basic)2.8M shares77.2M shares825.5M shares334.1M shares3
Shares (weighted, diluted)7.2M shares825.5M shares334.1M shares3

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What it owns

What Metalert, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$508.2K3 Dec 31, 2024$488.3K3 Dec 31, 2023+4.1%
Property and equipment, net$18.3K3 Dec 31, 2024$25.8K3 Dec 31, 2023−28.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$53.5K3 Dec 31, 2024$68.4K3 Dec 31, 2023−21.8%
Marketable securities, current$6493 Dec 31, 2024$6493 Dec 31, 20230%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$206.1K3 Dec 31, 2024$261.8K3 Dec 31, 2023−21.3%
Accumulated amortization$73.4K3 Dec 31, 2024$17.7K3 Dec 31, 2023+314.5%
Finite-lived intangibles, net$206.1K3 Dec 31, 2024$261.8K3 Dec 31, 2023−21.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$237.4K3 Dec 31, 2024$231.8K3 Dec 31, 2023+2.4%
Raw materials$12.8K3 Dec 31, 2024$24.9K3 Dec 31, 2023−48.8%
Finished goods$224.6K3 Dec 31, 2024$206.9K3 Dec 31, 2023+8.6%

Properties, in its own words

We have executive, administrative, and operating offices at 117 W 9th Street, Suite 1214, Los Angeles, California 90015. Our office space is approximately 1,600 square feet and consists of executive and administrative workspace for a base rent of $1,450 per month, on a month-to-month basis.

Item 2 of the 10-K filed Apr 16, 2025.12

Leadership

Who has led Metalert, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Patrick Bertagna2008–2023
  2. Alex Grimes McKean2013

Chair

  1. Patrick Bertagna2013–2014

President

  1. Jeff Sharpe2008
  2. Patrick Bertagna2008–2014

Chief financial officer

  1. Williams H. Murray2008–2011
  2. Alex Grimes McKean2012–2023

Chief operating officer

  1. Christopher M. Walsh2009–2013
  2. Louis Martin Rosenbaum2022–2023
2010201520202025
Board members and other officers (6)

Former names

  • GTX CORPMar 20, 2008 to Aug 12, 20222
  • DEEAS RESOURCES INC.Dec 12, 2006 to Mar 10, 20082

Timeline

  1. Sep 13, 20248-K Entered a material agreement; Unregistered sale of shares25
  2. Jul 18, 20248-K Change of auditor26
  3. Oct 10, 20238-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed27
  4. Sep 8, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares28
  5. Dec 1, 20228-K Entered a material agreement; Regulation FD disclosure29
  6. Sep 22, 20228-K Bylaws or fiscal year changed30
  7. Feb 19, 2013New chief executive Alex Grimes McKean becomes CEO13
  8. Apr 15, 2008New chief executive Patrick Bertagna becomes CEO14

Filings

57 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 6 major events, 8 insider forms, 27 other. The latest 20:

  1. Dec 11, 202510-Q EDGAR
  2. Aug 18, 2025NT 10-Q EDGAR
  3. Jul 17, 202510-Q EDGAR
  4. May 15, 2025NT 10-Q EDGAR
  5. Apr 16, 202510-K EDGAR
  6. Mar 31, 2025NT 10-K EDGAR
  7. Nov 14, 202410-Q EDGAR
  8. Sep 13, 20248-K EDGAR
  9. Aug 19, 202410-Q EDGAR
  10. Aug 14, 2024NT 10-Q EDGAR
  11. Jul 18, 20248-K EDGAR
  12. Jun 26, 202410-Q EDGAR
  13. May 24, 202410-K EDGAR
  14. May 16, 2024NT 10-Q EDGAR
  15. Apr 2, 2024NT 10-K EDGAR
  16. Nov 22, 202310-Q EDGAR
  17. Nov 14, 2023NT 10-Q EDGAR
  18. Oct 10, 20238-K EDGAR
  19. Sep 8, 20238-K EDGAR
  20. Aug 18, 202310-Q EDGAR

The 57 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Metalert, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMetalert, Inc.1
  • CIK0001375793
  • Employer ID (EIN)98-049344612
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company12
  • Incorporated inNevada12
  • Fiscal year endsDecember 311
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address117 West 9Th Street,, Suite 1214,, Los Angeles,, CA 900151
  • Phone604-808-62111
  • Shares outstanding52,145,104 as of Dec 11, 202510
  • Public float$1.3M as of Jun 30, 202412
  • Auditordbbmckennon, Newport Beach, California PCAOB ID 3501; no auditor attestation of internal control over financial reporting12
  • On EDGAR sinceDec 12, 20061
  • Filings353 in all: 4 (114), 10-Q (53), 8-K (35), 5 (19), NT 10-Q (18), 10-K (17), 3 (14), NT 10-K (10)1
    All 38 form types

    424B3 (9), UPLOAD (9), CORRESP (6), EFFECT (5), 10-Q/A (4), 10QSB (4), S-1/A (4), 5/A (3), S-1 (3), SC 13G (3), 1-A (2), 8-K/A (2), QUALIF (2), 10-K/A (1), 10KSB (1), 253G1 (1), 253G2 (1), 4/A (1), 424B4 (1), 8-A12G (1), CT ORDER (1), DEF 14C (1), POS AM (1), PRE 14C (1), REGDEX (1), S-8 (1), SB-2 (1), SB-2/A (1), SC 13G/A (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Apr 16, 2025
    Quarterly report (10-Q) Dec 11, 2025
    Latest 8-K (8-K) Sep 13, 2024

Securities registered for trading

ClassSymbolExchange
MLRT

From the cover page of the 10-K filed Apr 16, 2025 (Section 12(b) of the Exchange Act).12

Risk factors and legal proceedings

The risks Metalert, Inc. names in Item 1A of its 10-K filed Apr 16, 2025: 35 risks under these headings, as written.12

  • RISKS RELATED TO CLIMATE
  • We may suffer climate related risks in the future
  • RISKS RELATED TO OUR BUSINESS
  • We will need additional funding in the near future to continue our current level of operations and growth.
  • There is substantial doubt about the entity’s ability to continue as a going concern.
  • We have had operating losses since formation and expect to continue to incur net losses for the near term.
  • Our current sources of funding are limited, and any additional funding that we may obtain may be on unfavorable terms and may significantly dilute our existing shareholders.
  • Our projected revenues in 2025 rely on the scaling of the our new 4G LTE GPS SmartSole® and the introduction of the Gun Alert product to local state and federal government agencies, adding subscribers, increasing our military business, growing our OEM and IP monetization business, and continuing the sales of related medical, health and wellness products and supplies.
  • The nature of our business is speculative and dependent on a number of variables beyond our control that cannot be reliably ascertained in advance.
  • Our wireless location products and technologies have to continuously evolve and respond to market changes. If we are unable to commercially release products that are accepted in the market or that generate significant revenues, our financial results will continue to suffer.
  • In order for our products to be successful, we need to establish market recognition quickly, following the introduction of our products.
  • We may encounter manufacturing or assembly problems for our products, which would adversely affect our results of operations and financial condition.
The other 25 risks
  • We primarily depend upon two manufacturers for the components of our SmartSole and if we encounter problems with these manufacturers there is no assurance that we could obtain products from other manufacturers without significant disruptions to our business.
  • Our markets are highly competitive, and our failure to compete successfully would limit our ability to sell our products, attract and retain customers and grow our business.
  • We may not be successful in developing our new products and services.
  • Our software products are complex and may contain unknown defects that could result in numerous adverse consequences, resulting in costly litigation or diverting management’s attention and resources.
  • If we are not able to take advantage of developments in technology and address changing consumer demand on a timely basis, we may experience a decline in the demand for our services, be unable to implement our business strategy and experience reduced profits.
  • We cannot accurately predict our future revenues and expenses.
  • There are risks of international sales and operations.
  • If we fail to develop and maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, our current and potential stockholders could lose confidence in our financial reports, which could harm our business and the trading price of our common stock.
  • We may suffer from product liability claims.
  • Our ability to compete could be jeopardized and our business seriously compromised if we are unable to protect ourselves from third-party challenges or infringement of the proprietary aspects of the wireless location products and technology we develop.
  • We depend on our key personnel to manage our business effectively in a rapidly changing market. If we are unable to retain our key employees, our business, financial condition and results of operations could be harmed.
  • Our products depend on continued availability of GPS and cellular wireless telecommunications systems.
  • Rapid technological change in our market and/or changes in customer requirements could cause our products to become obsolete or require us to redesign our products, which would have a material adverse effect on our business, operating results and financial condition.
  • Changes in the government regulation of our wireless location products or wireless carriers could harm our business.
  • Future acquisitions or strategic investments may not be successful and may harm our operating results.
  • Our executive officers and directors have the ability to significantly influence matters submitted to our stockholders for approval.
  • Failure to manage growth effectively could adversely affect our business, results of operations and financial condition.
  • RISKS RELATED TO AN INVESTMENT IN OUR SECURITIES
  • The resale of shares by the holders of our convertible promissory notes and our other investors could depress the market price of our common stock.
  • Our convertible notes may be converted into shares of our common stock at less than the then-prevailing market price for our common stock if the lenders chooses to convert the notes.
  • Our common stock is thinly traded and the price of our common stock may be negatively impacted by factors that are unrelated to our operations.
  • When we issue additional shares in the future, it will likely result in the dilution of our existing stockholders.
  • Financial Industry Regulatory Authority (FINRA) sales practice requirements may also limit a stockholder’s ability to buy and sell our common stock.
  • We have never paid dividends on our common stock and do not anticipate paying any in the foreseeable future.
  • The elimination of monetary liability against our directors, officers and employees under Nevada law and the existence of indemnification rights to our directors, officers and employees may result in substantial expenditures by us and may discourage lawsuits against our directors, officers and employees.
  • You may have difficulty selling our shares because they are deemed “penny stocks.”

Legal proceedings

From time to time, we may be involved in routine legal proceedings, as well as demands, claims and threatened litigation that arise in the normal course of our business. The ultimate amount of liability, if any, for any claims of any type (either alone or in the aggregate) may materially and adversely affect our financial condition, results of operations and liquidity. In addition, the ultimate outcome of any litigation is uncertain. Any outcome, whether favorable or unfavorable, may materially and adversely affect us due to legal costs and expenses, diversion of management attention and other factors. We expense legal costs in the period incurred. We cannot assure you that additional contingencies of a legal nature or contingencies having legal aspects will not be asserted against us in the future, and these matters could relate to prior, current or future transactions or events.

We are not currently a party to any material legal proceedings. We are not aware of any pending or threatened litigation against us that we expect will have a material adverse effect on our business, financial condition, liquidity, or operating results. However, legal claims are inherently uncertain, and we cannot assure you that we will not be adversely affected in the future by legal proceedings.

The opening of Item 3, Legal Proceedings.12

Sources

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