# OPENCASH SECURITIES LLC X-17A-5 (2026-03-02) — Broker-dealer annual report - Company: OPENCASH SECURITIES LLC - Form: X-17A-5 - Filed: 2026-03-02 - Period: 2025-12-31 - Accession: 0001493152-26-008575 - CIK: 1894191 - File #: 8-70830 - Type: Broker-dealer - Material weakness: No - Auditor: M&K CPAS, PLLC - Contact: Jack Hughes - Phone: 732-889-4300 - Email: ihughes@opencashbrokerage.com - Website: opencashbrokerage.com - Signed by: Jack Hughes (Principal) Original filing: https://www.sec.gov/Archives/edgar/data/1894191/000149315226008575/public.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ### ANNUAL REPORTS FORM X-17A-5 PART III | OMB APPROVAL | |---------------------------| | OMB Number: 3235-0123 | | Expires: Nov. 30, 2026 | | Estimated average burden | | hours per response:
12 | | SEC FILE NUMBER | | |-----------------|--| | 8-70830 | | 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 12/31/25 | | |------------------------------------------|----------|---------------------|----------| | | MM/DD/YY | | мм/пр/уу | A. REGISTRANT IDENTIFICATION # NAME OF FIRM: Opencash Securities LLC 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.) | 521 West Lancaster Avenue, Second Floor | | |-----------------------------------------|--| |-----------------------------------------|--| | | | (No. and Street) | | | | |---------------------------------------------------------------------------------------------|--------------------------------|------------------------------------------------------------|-----------------|--------------------------------------------|--| | Haverford | | Pennsylvania | | 19041 | | | (City) | | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Jack Hughes | | 732-889-4300 | | ihughes@opencashbrokerage.com | | | (Name) | (Area Code - Telephone Number) | | (Email Address) | | | | | | B. Accountant IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
M&K CPAS, PLLC | | (Name - if individual, state last, first, and middle name) | | | | | 24955 Interstate Hwy 45, Ste 400 The Woodlands | | | Texas | 77380 | | | (Address) | | (City) | (State) | (Zip Code) | | | 7/18/2006 | | | 2738 | | | | (Date of Registration with PCAOB)(if applicable) | | | | (PCAOB Registration Number, if applicable) | | | | | FOR OFFICIAL USE ONI Y | | | | | | | | | | | \* 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. {1}------------------------------------------------ #### OATH OR AFFIRMATION | Jack Hughes | | swear (or affirm) that, to the best of my knowledge and belief, the | |--------------------------------------------------------------------|--|-----------------------------------------------------------------------------------| | tinancial report pertaining to the firm of Opencash Securities LLC | | as of | | December 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 as that of a customer. > ack thinkes itle 674FA9200556426.. Principal #### 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. - [1) 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 appropriate explanations, of the FOCUS Report with computation of net capible net worth under 17 CFR 240.15c3-1, 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. - □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - | | Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - [ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 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. - [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 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. - | (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, 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)(3) or 17 CFR 240.18a-7(d)(2), as applicable. {2}------------------------------------------------ ## OPENCASH SECURITIES LLC STATEMENT OF FINANCIAL CONDITION Including Report of Independent Registered Public Accounting Firm For the Year ended December 31, 2025 {3}------------------------------------------------ #### OPENCASH SECURITIES LLC #### TABLE OF CONTENTS | | Page | | |--------------------------------------------------------------------------|------|--| | Report of Independent Registered Public Accounting Firm (PCAOB ID: 2738) | 1-2 | | | Financial Statements | | | | Statement of Financial Condition as of December 31, 2025 | 3 | | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member Opencash Securities LLC #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Opencash Securities LLC as of December 31, 2025, the related statements of operations, changes in member 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 Opencash Securities 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. #### Going Concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 9 to the financial statements, the Company incurred a loss during the year ended December 31, 2025, and is dependent on capital contributions from its member to ensure the Companys survival, all of which raises substantial doubt about its ability to continue as a going concern. Managements plans regarding these matters are also described in Note 9. the financial statements do not include any adjustments that might result from the outcome of this uncertainty. #### Basis for Opinion These financial statements are the responsibility of Opencash Securities LLC 's management. Our responsibility is to express an opinion on Opencash Securities 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 Opencash Securities 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 And Aggregate Indebtedness Pursuant To SEC Rule 15c3-1, has been subjected to audit procedures performed in conjunction with the audit of Opencash Securities LLC 's financial statements. The supplemental information is the responsibility of Opencash Securities 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 {5}------------------------------------------------ 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 And Aggregate Indebtedness Pursuant To SEC Rule 15c3-1, is fairly stated, in all material respects, in relation to the financial statements as a whole. /s/ M&K CPAS, PLLC M&K CPAS, PLLC We have served as Opencash Securities LLCs auditor since 2024 The Woodlands, TX March 2, 2026 {6}------------------------------------------------ #### OPENCASH SECURITIES LLC STATEMENT OF FINANCIAL CONDITION | | December 31,
2025 | |------------------------------------------|----------------------| | ASSETS | | | Current assets: | | | Cash and cash equivalents | \$
141,532 | | Prepaid assets | 13,927 | | Deposits, current | 104,925 | | Total current assets | 260,384 | | Other assets: | | | Deposits | 360 | | Total other assets | 360 | | Total assets | \$
260,744 | | LIABILITIES AND MEMBER EQUITY | | | Current liabilities: | | | Accounts payable and accrued liabilities | \$
15,675 | | Related party payables | 16,084 | | Total liabilities | 31,759 | | MEMBER EQUITY | 228,985 | | Total liabilities and member equity | \$
260,744 | The accompanying notes are an integral part of these financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.