# CIMAS LLC X-17A-5 (2026-02-17) — Broker-dealer annual report - Company: CIMAS LLC - Form: X-17A-5 - Filed: 2026-02-17 - Period: 2025-12-31 - Accession: 0001296051-26-000002 - CIK: 1296051 - File #: 8-66579 - Type: Broker-dealer - Material weakness: No - Auditor: Assurance Dimensions, LLC - Auditor location: Coral Springs, FL - Contact: Alexis Meeks - Phone: 518-391-4200 - Email: ameeks@curranllc.com - Website: curranllc.com - Signed by: Kevin Curran (President) Original filing: https://www.sec.gov/Archives/edgar/data/1296051/000129605126000002/CIMASFinancials.pdf --- {0}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20S49** | ANNUAL REPORTS | |----------------| | FORM X-17A-S | | PART Ill | | 0MB APPROVAL | |---------------------------| | 0MB Number: 3235-0123 | | Expires: Nov. 30, 2026 | | Estimated average burden | | hours per response:
12 | | 8-66579 | | |-----------------|--| | SEC FILE NUMBER | | **FACING PAGE** **Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** | FILING FOR THE PERIOD BEGINNING 01 /01 /25 | | AND ENDING 12/31 f25 | |--------------------------------------------|--|----------------------| |--------------------------------------------|--|----------------------| MM/DD/VY MM/DD/VY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM: CIMAS, LLC TYPE OF REGISTRANT (check all applicable boxes): [!] Broker-dealer □ Security-based swap dealer D Check here if respondent is also an OTC derivatives dealer □ Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | 30 S. Pearl St, Suite 902 | | (No. and Street) | | | |---------------------------------------------------------------------------|--------------|-----------------------------------------------------------------------------|----------------------|--------------------------------------------| | Albany | | NY | | 12207 | | (City) | | (State) | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Alexis Meeks | 518-391-4200 | | ameeks@curranllc.com | | | (Name) | | (Area Code - Telephone Number) | (Email Address) | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | B. ACCOUNTANT IDENTIFICATION | | | | Assurance Dimensions, LLC | | | | | | 3111 N. University Dr. Suite 621 | | (Name - if individual, state last, first, and middle name)
Coral Springs | FL | 33065 | | (Address) | | (City) | (State) | (Zip Code) | | 04/13/2010 | | | 5036 | | | l"
of Regi,t,atioo with PCAOB)(if applicable) | | | | (PCAOB Registratioo N"mbec, if apPlicable) | accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-S(e)(l)(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 0MB control number.** {1}------------------------------------------------ #### **OATH OR AFFIRMATION** | | swear (or affirm) that, to the best of my knowledge and belief, the
I, Kevin Curran | |---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 2~
financial report pertaining to the firm of CIMAS, LLC
as of | | | 12/31
is true and correct. I further swear (or affirm) that neither the company nor any | | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely | | | ~
BORNHORST | | | J.
;v~
Signature~
~- STATE OF NEW YORK | | | No. 01BO0020515 | | | Title: ;;;,I)
,, | | | ·2'! | | | | | | | | | This filing** contains (check all applicable boxes): | | i!iiiil | (a) Statement of financial condition. | | i!iiiil | (b) Notes to consolidated statement of financial condition. | | i!iiiil | (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). | | i!iiiil | (d) Statement of cash flows. | | i!iiiil | (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. | | D | (f) Statement of changes in liabilities subordinated to claims of creditors. | | D | (g) Notes to consolidated financial statements. | | i!iiiil | (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. | | D | (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. | | D | (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. | | D | (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. | | D | (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net | | | worth under 17 CFR 240.15c3-l, 17 CFR 240.18a-1, or 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. | | D | (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. | | i!iiiil | (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. | | D | (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. | | i!iiiil | (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. | | i!iiiil | (t) Independent public accountant's report based on an examination of the statement of financial condition. | | | □ (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17
CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. | | D | (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. | | D | (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. | | D | (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, | | | as applicable. | | D | (y) Report describing any material inadequacies found to exist or 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). | | D | _____________________________________
(z) Other:
_ | \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3} or 17 CFR 240.18a-7(d}(2}, as applicable. {2}------------------------------------------------ ## **CIMAS, LLC** AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2025 {3}------------------------------------------------ ## **CIMAS, LLC December 31, 2025** #### **TABLE OF CONTENTS** | Report of Independent Registered Public Accounting Firm | 1 | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------|----| | Financial Statements | | | Statement of Financial Condition | 2 | | Statement of Operations | 3 | | Statement of Changes in Members' Equity | 4 | | Statement of Cash Flows | 5 | | Notes to Financial Statements | 6 | | Supplementary Information | | | Schedule I -
Computation of Net Capital under Rule 15c3-1 of the Securities and Exchange
Commission | 12 | | Schedule II -Statement on Exemption from the Computation for Determination of Reserve
Requirements Under Rule 15c3-3 of the Securities and Exchange Commission | 13 | | Schedule Ill -
Statement on Exemption Relating to Possession or Control Requirements
Under Rule 15c3-3 of the Securities and Exchange Commission | 13 | | Other Reports | | | Independent Auditor's Report on Exemption Report | 15 | | Exemption Report Pursuant to Rule 1 ?a-5 of the Securities and Exchange Commission | 16 | **Page** {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Members of Cil\'IAS, LLC: #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of CIMAS, LLC as of December 31, 2025, the related statements of operations, changes in members' equity, and cash flows for the year then ended, and the related notes and schedules (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of CIMAS, LLC as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of CIMAS, LLC's management. Our responsibility is to express an opinion on CIMAS, LLC's financial statements 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 CIMAS, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission 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 statements are 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 statements, 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 statements. 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 statements. We believe that our audit provides a reasonable basis for our opinion. #### **Auditor's Report on Supplemental Information** The Schedule I - Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission, Schedule II - Statement on Exemption from the Computation for Determination of Reserve Requirements Under Rule 15c3-3 of the Securities and Exchange Commission, and Schedule III - Statement on Exemption Relating to Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission have been subjected to audit procedures performed in conjunction with the audit of CIMAS, LLC's financial statements. The supplemental information is the responsibility of CIMAS, LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the Schedule I - Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission, Schedule II - Statement on Exemption from the Computation for Determination of Reserve Requirements Under Rule 15c3-3 of the Securities and Exchange Commission, and Schedule III - Statement on Exemption Relating to Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission are fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as CIMAS, LLC's auditor since 2020. Assurance Dimensions, LLC Coral Springs, Florida January 26, 2026 > **ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY:** 4920 W Cypress Street, Suite 102 I Tampa, FL 33607 I Office: 813.443.5048 I Fax: 813.443.5053 **JACKSONVILLE:** 7800 Belfort Parkway, Suite 290 I Jacksonville, FL 32256 I Office: 888.410.2323 I Fax: 813.443.5053 **ORLANDO:** 1800 Pembrook Drive, Suite 300 I Orlando, FL 32810 I Office: 888.410.2323 I Fax: 813.443.5053 **SOUTH FLORIDA:** 3111 N. University Drive, Suite 621 I Coral Springs, FL 33065 I Office: 754.800.3400 I Fax: 813.443.5053 www.assurancedimensions.com **"Assurance Dimensions" Is the brand name under which Assurance Dimensions, LLC Including Its subsidiary McNamara and Associates, LLC {referred together as "'AD LLC") and AD Advisors, LLC {"AO Advisors"), provide professional services. AO LLC and AD Advisors practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards, AO LLC Is a licensed independent CPA firm that provides attest services to its clients, and AO Advison provide talC and business consulting services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA firms.** {5}------------------------------------------------ ## **CIMAS, LLC STATEMENT OF FINANCIAL CONDITION December 31, 2025** | ASSETS | | |----------------------------------------------------------------------------------------------------------------|------------------------------------| | Cash and cash equivalents
Commissions receivable
Deposit on account
Prepaid expenses and other assets | \$ 10,285
1,687
613
2,262 | | Total assets | \$ 14,847 | | LIABILITIES AND MEMBERS' EQUITY | | | Due to affiliate | \$
461 | | Total liabilities | 461 | | MEMBERS' EQUITY | \$ 14,386 | | Total liabilities and members' equity | \$ 14,847 | {6}------------------------------------------------ ## **CIMAS, LLC STATEMENT OF OPERATIONS Year Ended December 31, 2025** | Revenues: | | |---------------------------------------------|---------------| | Commissions -
mutual funds | \$
20,307 | | Commissions -
debt and equity securities | 990 | | Interest and other income | 393 | | Total revenues | 21,690 | | Expenses: | | | Professional | 15,722 | | Employee compensation and benefits | 5,640 | | Licenses and permits | 3,910 | | Insurance | 3,285 | | Occupancy | 648 | | Utilities | 36 | | Annual filing fee | 25 | | Total expenses | 29,266 | | Net loss | \$
{7,576} | {7}------------------------------------------------ ## **CIMAS, LLC STATEMENT OF CHANGES IN MEMBERS' EQUITY Year Ended December 31, 2025** | Balance, January 1, 2025 | \$ 21,962 | |----------------------------|-----------| | Net loss | (7,576) | | Balance, December 31, 2025 | \$ 14,386 | {8}------------------------------------------------ ## **CIMAS, LLC STATEMENT OF CASH FLOWS Year Ended December 31, 2025** | CASH FLOWS FROM OPERATING ACTIVITIES | | |-----------------------------------------------|------------| | Net loss | \$ (7,576) | | Changes in operating assets and liabilities: | | | Decrease in deposit on account | 41 | | Decrease in commissions receivable | 397 | | Decrease in prepaid expenses and other assets | 1,726 | | Decrease in due from affiliate | 743 | | Increase in due to affiliate | 461 | | Net cash used in operating activities | (4,208) | | NET DECREASE IN CASH AND CASH EQUIVALENTS | \$ (4,208) | | CASH AND CASH EQUIVALENTS, Beginning of year | 14,493 | | CASH AND CASH EQUIVALENTS, End of year | \$ 101285 | {9}------------------------------------------------ #### **NOTE 1 - DESCRIPTION OF ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** #### **(a) Organization** CIMAS, LLC (the Company) is a two-member limited liability company. The Company was formed for the purpose of providing individualized investment management services. The Company is a broker-dealer registered with the Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority (FINRA). CIM, LLC d/b/a Curran Investment Management and d/b/a Curran Wealth Management (CIM, LLC) is an affiliate of the Company. #### **(b) Basis of Financial Statement Presentation** The accounting policies and reporting practices of the Company conform to the predominant practices in the broker-dealer industry and are in accordance with accounting principles generally accepted in the United States of America. #### **(c) Revenue Recognition** The Company follows Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers (ASC Topic 606"). The revenue recognition guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a five-step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. Commissions on debt and equity securities transactions are recorded based on the trade date. Commissions on mutual funds, insurance, interest and other income are recognized when earned. Commissions receivable represent commissions earned on these transactions, but not collected by the company. Commissions receivable also represent the unpaid portion of 12b-1 fee income adjusted for estimated uncollectible amounts. The Company adopted ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss (CECL) methodology. Credit losses are provided for on the allowance method based upon historical experience and management's estimation of collection losses on outstanding receivables. Receivables are written off against the allowance based on individual credit evaluation and specific circumstances of the client. As of December 31, 2025, there was no allowance for uncollectible amounts. {10}------------------------------------------------ #### **NOTE 1 - DESCRIPTION OF ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)** #### **(d) Segment Reporting** On January 1, 2024, the Company adopted ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires all public entities, including those with a single reportable segment, to disclose additional information about a reportable segment's expenses. ASU 2023-07 expands reportable segment information by requiring companies to disclose, on an annual and interim basis, significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker ("CODM") and included withing each reported measure of a segment's profit and loss. ASU 2023-07 also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM makes decisions about allocating resources to segments and evaluating performance. The Company conducts its business activities and reports financial results as a single reportable brokerage services segment. The CODM makes decisions about allocating resources and assessing performance in a manner consistent with the way the Company operates its business and presents their financial results. The nature of business and account policies of the brokerage services segment are the same as described in the description of business and summary of significant accounting policies notes. The CODM is Thomas Curran. #### **(e) Securities and Exchange Commission Rule 15c3-3 Exemption** The Company is not required to maintain a reserve account for the benefit of customers under Rule 15c3-3 of the Securities and Exchange Commission. The Company does not maintain margin accounts. #### **(f) Use of Estimates** The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. #### **(g) Cash and Cash Equivalents** For purposes of the statement of cash flows, the Company considers cash and cash equivalents to be cash on hand, cash in banks and temporary cash investments with an original maturity of less than three months. #### **(h) Income Taxes** The Company is treated as a partnership for federal and state income tax purposes, and it is the partner's responsibility to report and pay income taxes on the Company's income. Accordingly, no provision for income taxes has been provided for in the Company's financial statements. {11}------------------------------------------------ #### **NOTE 1 - DESCRIPTION OF ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)** #### **(h) Income Taxes (continued)** The Company follows the guidance issued by the Financial Accounting Standards Board ("FASS") regarding accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. The income tax position taken by the Company for any years open under the various statutes of limitations is that the Company continues to be exempt from income taxes by virtue of its pass-through entity status. Management believes this tax position meets the more-likely-thannot threshold and, accordingly, the tax benefit of this income tax position (no income tax expense or liability) has been recognized for the years ended on or before December 31, 2025. The Company believes that there are no tax positions taken or expected to be taken that would significantly increase or decrease unrecognized tax benefits within 12 months of the reporting date. None of the Company's federal or state income tax returns is currently under examination by the Internal Revenue Service ("IRS") or state authorities. #### **(i) Fair Value Measurement** Management determines the appropriate classification of securities at the time of purchase. Securities held for resale in anticipation of short-term market movements are classified as trading. Trading securities are recorded at fair value with changes in fair value included in earnings. Investments are accounted for under Fair Value Measurements, a practice which establishes a framework for measuring the fair value of investments and provides for certain investment related disclosures. Fair value is defined as the price that would be received for an asset, in the principal or most advantageous market for the asset, in an orderly transaction between market participants on the measurement date. The following describes the three levels of inputs that may be used to measure fair value: Level 1 - Quoted (unadjusted) market prices in active markets for identical assets. Level 2 - Observable inputs (other than quoted market prices) in active markets for identical assets. Level 3 - Unobservable inputs in which there is little or no market data available, which may require the Company to develop its own assumptions. A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. {12}------------------------------------------------ #### **NOTE 1 - DESCRIPTION OF ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)** #### **(j) Profitability and Liquidity** The Company has reported a net loss of approximately \$7,600 for the year ended December 31, 2025. The Company's ability to achieve profitability is dependent on continued business plan execution and continued support from CIM, LLC. Management has continued to implement its business plan and work to improve profitability and liquidity with CIM, LLC's support subsequent to year-end. #### **(k) Subsequent Events** The Company has evaluated events and transactions for potential recognition or disclosure of events that have occurred subsequent to December 31, 2025 through January 26, 2026, which is the date the financial statements were available to be issued and determined there are no subsequent events that occurred during such period that would require disclosure in this report or would be required to be recognized in the financial statements as of December 31, 2025. #### **NOTE 2 - PREPAID EXPENSES AND OTHER ASSETS** As of December 31, 2025, prepaid expenses and other assets are as follows: | Deposit on account with FINRA | \$
1,871 | |-----------------------------------------|-------------| | Prepaid insurance | 391 | | Total prepaid expenses and other assets | \$ 2 262 | #### **NOTE 3** - **RELATED PARTY TRANSACTIONS** Under an expense sharing agreement, CIM, LLC allocated certain operating expenses to the Company for occupancy expenses, employee services, and other miscellaneous expenses incurred for the benefit of the Company. CIM, LLC is reimbursed by the Company on a monthly basis at a flat rate of \$527 per month for occupancy expenses, employee services and other miscellaneous operating expenses. Expenses allocated to the Company were \$6,324 for the year ended December 31, 2025. As of December 31, 2025 there was an amount due to CIM, LLC of \$461 for 2025 shared expenses, reflected as due to affiliate on the statement of financial condition. In December 2025, the Company and CIM, LLC renewed the purchase of business insurance from a captive insurance company owned by the member's spouse. Coverage includes various business risks such as business interruption, data breach, legislative and regulatory, etc. Total premium approximated to be \$312,000 in 2025, of which approximately \$3,285 was allocated to the Company. The prepaid portion at December 31, 2025 was \$391 and is included in prepaid expenses. {13}------------------------------------------------ ## **CIMAS, LLC NOTES TO FINANCIAL STATEMENTS December 31, 2025** ## **NOTE 4 - NET CAPITAL REQUIREMENTS** The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC Rule 15c3-1), which requires the maintenance of minimum net capital of 6 2/3% of aggregate indebtedness but not less than \$5,000 and that the ratio of aggregate indebtedness to net capital both as defined, shall not exceed 15 to 1. The Rule also restricts the payment of dividends in certain cases. At December 31, 2025, the Company had net capital, as defined, of approximately \$9,600, which was approximately \$4,600 in excess of its minimum required net capital of \$5,000 at December 31, 2025. The Company's ratio of aggregate indebtedness to net capital was .048 to 1 at December 31, 2025. ## **NOTE 5 - CONCENTRATIONS OF CREDIT RISK** The Company's financial instruments that are exposed to concentrations of credit risk consist primarily of cash, cash equivalents and investment in money market funds. The Company places cash and cash equivalents with high quality credit institutions. At times such amounts may be in excess of the FDIC insurance limit. As of December 31, 2025, the Company did not have any cash in excess of the insured FDIC limit. FDIC insurance per depositor, per institution is \$250,000. {14}------------------------------------------------ # **SUPPLEMENTARY INFORMATION** {15}------------------------------------------------ # **SCHEDULE I** ## **CIMAS, LLC COMPUTATION OF NET CAPITAL UNDER RULE 15c3-1 OF THE SECURITIES AND EXCHANGE COMMISSION December 31, 2025** | Net Capital
Total members' equity qualified for net capital
Deductions and/or charges:
Non-allowable assets: | | \$ 14,386 | |-----------------------------------------------------------------------------------------------------------------------|------------------------------|-------------| | Commissions receivable | | \$ (1,687) | | Prepaid expenses and other assets | | (2,262) | | Deposits on account | | (613) | | Net capital before haircuts on securities positions | | \$
9,824 | | Haircuts (2%) | | (206) | | | Net Capital | \$
9,618 | | | | | | Accounts payable and accrued expenses | | \$
461 | | | Total aggregate indebtedness | \$
461 | | Computation of Basic Net Capital Requirement
Minimum net capital requirement | | 5,000 | | Excess net capital over minimum net capital requirement | | \$
4,618 | | Net capital less than the greater of 10% of aggregate indebtedness
or 120% of minimum net capital requirement | | \$
3,618 | | Ratio of aggregate indebtedness to net capital | | 048 • 1 | Note: There are no material differences between the Company's computation of net capital as filed in Part II A, Quarterly 17a-5 (a) Focus Report filed on January 23, 2026 and the above schedule as of December 31, 2025. {16}------------------------------------------------ ## **SCHEDULE** II ## **CIMAS, LLC STATEMENT ON EXEMPTION FROM THE COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION December 31, 2025** The Company claims exemption from the provisions of Rule 15c3-3 under the Securities Act of 1934, in that the Company's activities are limited to those set forth in the conditions from exemption appearing in paragraph (k)(1) of Rule 15c3-3 under the Securities Act of 1934. ## **SCHEDULE** Ill ## **CIMAS, LLC STATEMENT ON EXEMPTION RELATING TO POSSESSION OR CONTROL REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION December 31, 2025** The Company is exempt from the Rule 15c3-3 as it relates to Possession and Control Requirements under the (k)(1) exemptive provision. {17}------------------------------------------------ # **OTHER REPORTS** {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - EXEMPTION REPORT REVIEW To the Board of Directors and Members of CIMAS, LLC: We have reviewed management's statements, included in the accompanying CIMAS, LLC Exemption Report, in which (1) CIMAS, LLC identified the following provisions of 17 C.F.R. §15c3-3(k) under which CI MAS, LLC claimed the following exemption from 17 C.F.R. §240.15c3-3: (k)(l) (exemption provisions) and (2) CI.MAS, LLC stated that CI MAS, LLC met the identified exemption provisions throughout the most recent fiscal year without exception. CIMAS, LLC's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about CIMAS, LLC's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(l), of Rule 15c3-3 under the Securities Exchange Act of 1934. Assurance Dimensions, LLC Coral Springs, Florida January 26, 2026 > **ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY:** 4920 W Cypress Street, Suite 102 I Tampa, FL 33607 I Office: 813.443.5048 I Fax: 813.443.5053 **JACKSONVILLE:** 7800 Belfort Parkway, Suite 290 I Jacksonville, FL 32256 I Office: 888.410.2323 I Fax: 813.443.5053 **ORLANDO:** 1800 Pembrook Drive, Suite 300 I Orlando, FL 32810 I Office: 888.410.2323 I Fax: 813.443.5053 **SOUTH FLORIDA:** 3111 N. University Drive, Suite 621 I Coral Springs, FL 33065 I Office: 754.800.3400 I Fax: 813.443.5053 www.assurancedimensions.com "Assurance Dimensions" Is the brand name under which Assurance Dimensions, LLC Including Its subsidiary McNamara and Associates, LLC (referred together as "AD LLC"} and AD Advisors, llC ("AD Advisors"), provide profenional services. AD LlC and AO Advisors practice as an alternative practice structure ln actordance wlth the AICPA Cede of Professional Conduct and applicable laws, regulations, and professional standards. AD LLC is a licensed independent CPA firm that provides attest services to its d!enb, and AD Advisors provide tax and business consulting services to their clients. AD Advisors, and its subsidiary entities are net licemed CPA firms. {19}------------------------------------------------ ## **CIMAS, LLC** Exemption Report Pursuant to Rule 17a-5 of the Securities and Exchange Commission **CIMAS, LLC** (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(l) and (4). To the best of its knowledge and belief, the Company states the following: (1) The Company claims an exemption from 17 C.F.R. § 240.15c3-3(k) *(1)* (the "exemption provision") and (2) the Company met the exemption provision throughout the most recent fiscal year **January 1, 2025 to December 31, 2025** without exception. I, Kevin T. Curran, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. **By: Kevin T. Curran** Title: President/FINOP Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.