# LIVERMORE TRADING GROUP, INC. X-17A-5 (2026-03-03) — Broker-dealer annual report

- Company: LIVERMORE TRADING GROUP, INC.
- Form: X-17A-5
- Filed: 2026-03-03
- Period: 2025-12-31
- Accession: 0000893248-26-000001
- CIK: 893248
- File #: 8-45248
- Type: Broker-dealer
- Material weakness: No
- Auditor: Nawrocki Smith LLP
- Auditor location: Hauppauge, NY
- Contact: Heather Fitzgerald
- Phone: 212-668-8700
- Email: hfitzgerald@acisecure.com
- Website: acisecure.com
- Signed by: Vincent Napolitano (CEO)

Original filing: https://www.sec.gov/Archives/edgar/data/893248/000089324826000001/livermorepublicaudit.pdf

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### UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12

# ANNUAL REPORTS FORM X-17A-5 PART III

| 8-45248         |  |
|-----------------|--|
| SEC FILE NUMBER |  |

|  | FACING PAGE           |  |  |
|--|-----------------------|--|--|
|  | 17- Г. 17- 19 --- 10- |  |  |

Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934

AND ENDING\_12/31/2025 filing for the period beginning 01/01/2025 MM/DD/YY

MM/DD/YY

A. REGISTRANT IDENTIFICATION

# NAME OF FIRM: Livermore Trading Group, Inc.

TYPE OF REGISTRANT (check all applicable boxes):

 Broker-dealer □ Check here if respondent is also an OTC derivatives dealer

ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)

# 11 Wall Street, 10th Floor

|                                                                                                  | (No. and Street)                                           |                                            |                           |  |
|--------------------------------------------------------------------------------------------------|------------------------------------------------------------|--------------------------------------------|---------------------------|--|
| New York                                                                                         | NY                                                         |                                            | 100005                    |  |
| (City)                                                                                           | (State)                                                    |                                            | (Zip Code)                |  |
| PERSON TO CONTACT WITH REGARD TO THIS FILING                                                     |                                                            |                                            |                           |  |
| Heather Fitzgerald                                                                               | 212-668-8700                                               |                                            | hfitzgerald@acisecure.com |  |
| (Name)                                                                                           | (Area Code - Telephone Number)                             | (Email Address)                            |                           |  |
|                                                                                                  | B. ACCOUNTANT IDENTIFICATION                               |                                            |                           |  |
| INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*<br>Nawrocki Smith, LLP | (Name - if individual, state last, first, and middle name) |                                            |                           |  |
| 100 Motor Parkway, Suite 580  Hauppauge                                                          |                                                            | NY                                         | 11788                     |  |
| (Address)                                                                                        | (City)                                                     | (State)                                    | (Zip Code)                |  |
| March 4, 2009                                                                                    |                                                            | 3370                                       |                           |  |
| (Date of Registration with PCAOB)(if applicable)                                                 |                                                            | (PCAOB Registration Number, if applicable) |                           |  |
|                                                                                                  | FOR OFFICIAL USE ONLY                                      |                                            |                           |  |
|                                                                                                  |                                                            |                                            |                           |  |

\* Claims for exemption from the requirement that the annual reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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### OATH OR AFFIRMATION

| Vincent Napolitano                                                       |  | swear (or affirm) that, to the best of my knowledge and belief, the |
|--------------------------------------------------------------------------|--|---------------------------------------------------------------------|
| tinancial report pertaining to the firm of Livermore Trading Group, Inc. |  | as of                                                               |
| 10101                                                                    |  |                                                                     |

i ડાંતરા ત , 2 025 partner, officer, director, or equivalent person, as the case may proprietary interest in any account classified solely as that of a customer.

Signature incent Napolitano Title: CFO

Notary Public

## This filing\*\* contains (check all applicable boxes):

- (a) Statement of financial condition.
- (b) Notes to consolidated statement of financial condition.
- □ (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).
- □ (d) Statement of cash flows.
- □ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
- \_ (f) Statement of changes in liabilities subordinated to claims of creditors.
- □ (g) Notes to consolidated financial statements.
- □ (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
- □ (i) Computation of tangible net worth under 17 CFR 240.18a-2.
- □ (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.
- □ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.
- □ (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
- □ (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
- □ (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
- □ (o) Reconciliations, including apropriate explanations, of the FOCUS Report with computation of net capible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
- □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.
- (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.18a-7, as applicable.
- |
- □ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- |
- □ (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
- □ (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- □ (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- | as applicable.
- \_ (y) Report describing any material inadequacies found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).
- □ (z) Other:
- \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(2), as applicable.

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Financial Statement and Supplemental Information

As of And For the Year Ended December 31, 2025

Filed pursuant to Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as a PUBLIC DOCUMENT.

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### FINANCIAL STATEMENT As of And For the Year Ended December 31, 2025

### TABLE OF CONTENTS

|                                                         | Page |
|---------------------------------------------------------|------|
|                                                         |      |
| Report of Independent Registered Public Accounting Firm |      |
| Statement of Financial Condition                        | 2    |
| Notes to Financial Statement                            | 3-5  |

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![](_page_4_Picture_0.jpeg)

## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders of Livermore Trading Group, Inc.:

## Opinion on the Financial Statement

We have audited the accompanying statement of financial condition of Livermore Trading Group, Inc. (the "Company") as of December 31, 2025, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of Livermore Trading Group Inc. as of December 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

## Basis for Opinion

This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that our audit provides a reasonable basis for our opinion.

We have served as Livermore Trading Group Inc.'s auditor since 2023.

Hauppauge, New York March 2, 2026

Nawrocki Smith II K

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### STATEMENT OF FINANCIAL CONDITION

As of December 31, 2025

COLTA

| ASSE I J                                      |      |           |
|-----------------------------------------------|------|-----------|
| Cash and cash equivalents                     | ക    | 100,236   |
| Due from clearing broker                      |      | 796,198   |
| Commissions receivable                        |      | 36,820    |
| Prepaid Expenses                              |      | 112,770   |
| Fixed Assets, Net                             |      | 144,564   |
| Total assets                                  | ક    | 1,190,588 |
|                                               |      |           |
| LIABILITIES AND STOCKHOLDERS' EQUITY          |      |           |
| Liabilities:                                  |      |           |
| Accounts payable and accrued expenses         | ക്ക  | 64,535    |
| Other Liabilties                              |      | 2,500     |
| Total liabilities                             |      | 67,035    |
| Commitments and Contingencies(Note 4)         |      |           |
| Stockholders' equity                          |      |           |
| Common stock, no par value, 200 shares        |      |           |
| authorized, 20 shares issued and outstanding. |      | 65,000    |
| Paid in Capital                               |      | 150,000   |
| Retained earnings                             |      | 1,033,553 |
| Less: Treasury stock                          |      | (125,000) |
| Total stockholders' equity                    |      | 1,123,553 |
| Total liabilities and stockholders' equity    | ક્તિ | 1,190,588 |

The accompanying notes are an integral part of this statement.

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### NOTES TO FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2025

### Note 2 - Summary of Significant Accounting Policies (continued)

### Cash and cash Equivalents

The Company considers demand deposited money market funds to be cash equivalents.

The Company maintains cash in bank account which, at times may exceed federally insured limits or where no insurance in provided. The Company has not experienced an losses in such accounts and does not believe it is exposed to any significant credit risk on cash and cash equivalents.

### Property and Equipment

Property and equipment are recorded at cost and are depreciation method over their estinated useful lives. Computers and equipment are depreciated over three years. Upon disposal, property and the related accumulated depreciation and amortization are removed from the resulting gain or loss is reflected in the statement of income.

### Commission Receivable

The Company carries its accounts receivable at cost, less an allowance for doubtful accounts. On a periodic basis, the Company evaluates its accounts receivable and establishes an allowance for doubtful accounts based on history of past write-offs and collections and current credit conditions. No allowance for doubtful accounts was required at December 31, 2025.

### Basis of Presentation and Use of Estimates

These financial statements are prepared using the acrual basis of accordance with accounting principals generally accepted in the United States of America.

Management uses estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, and the reported amounts of revenues and expenses.

### Note 3 - Profit Sharing Plan

The Company is a sponsor of a defined contribution plan for its eligible. Contributions to the plan, if any, are determined by the employer and come out of its current accumulated profits. The employer's contribution for any fiscal year shall not exceed the maximum allowable as a deduction to the provisions of the IRS Code Section 404, as amended, or replaced from

The Company has no liability to the plan as of December 31, 2025.

### Note 4 - Commitments and Contingencies:

The Company had no commitments or contingent liabilities and had not been named as a defendant in any lawsuit at December 31, 2025, or during the period then ended.

### Note 5 - Financial Statements with Off-Balance Sheet Credit Risk

As a securities broker, the Company is engaged in buying and selling securities for a diverse group of institutional and individual investors. The Company introduces these transactions for clearance to another broker-dealer on a fully disclosed basis.

The Company's exposure to credit risk associated with non-performance of customers in fulfilling their contractual obligations pursuant to securities transactions can be directly impacted by volatile trading markets which may impair customers to the Company and the Company's ability to liquidate the collateral at an amount equal to the original contracted amount. The agreement between the Company and its clearing broker provides that the Company is obligated to such nonperformance by its customers. The control the aforementioned risks by requiring customers to maintain margin collateral in compliance with various requirements and the clearing broker's internal guidelines. The Company monitors its customer activity by reviewing it receives from its clearing broker on a daily basis, and requiring customers to deposit additional collateral, or reduce positions, when necessary.

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### NOTES TO FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2025

### Note 6 - Net Capital Requirement

The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (15:3-1), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, shall not exceed 1500%. At December 31, 2025, the Company had Net Capital of \$832,490 in excess of its required net capital of \$5,000. The Company's net capital ratio was 8.05%.

### Note 7 - Fixed Assets

Fixed assets consisted of the following as of December 31, 2025:

| Fixed Assets                    | ਦਿੱ | 305.949   |
|---------------------------------|-----|-----------|
| Less:  Accumulated depreciation |     | (161,385) |
| Net Fixed Assets                | ಿಕಿ | 144.564   |

Depreciation expense for the year ended December 31, 2025 was \$38,163 and included in the other expenses on the statement of

### Note 8 - Segment Reporting

The Company is engaged in a single line of business as a securities broker-dealer. which is comprised of placement fees, advisory fees, proprietary trading, and trail income. As described in FASB ASU 2023-07, FASB 280, operating segments are defined as components of an entity for which separate financial is available and that is regularly reviewed by the Chief Operating Decision Maker (the "CODM"). The Company's CODM is the Chief Executive Officer. The CODM reviews presented on a consolidated basis consistent with the presentation of the statement of operations for purposes of making operating decisions, allocating resources, and evaluating finance. The measure of segment assets is reported on the consolidated balance sheet as total assets. As a result, the Company in its entirety is a single reportable segment. The accunting policies of the Company's single reportable segment are those described in this Note 2. Refer to Note 1 for a description of the single

### Note 9 - Subsequent Events

The Company has evaluated events and transactions that occurred between January 1, 2026, which is the date the financial statements were available to be issued for possible disclosure and recognition in the financial statements.


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