# ONPEAK CAPITAL LLC X-17A-5 (2026-01-23) — Broker-dealer annual report

- Company: ONPEAK CAPITAL LLC
- Form: X-17A-5
- Filed: 2026-01-23
- Period: 2025-12-31
- Accession: 0001820133-26-000001
- CIK: 1820133
- File #: 8-70565
- Type: Broker-dealer
- Material weakness: No
- Auditor: Brian W. Anson
- Auditor location: Tarzana, CA
- Contact: Dennis Tsesarsky
- Phone: (917) 645-2077
- Signed by: Dennis Tsesarsky (Managing Partner)

Original filing: https://www.sec.gov/Archives/edgar/data/1820133/000182013326000001/2025-12OnPeakAuditPUBLIC.pdf

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## **ONPEAK CAPITAL LLC**

### FINANCIAL STATEMENTS AND ACCOMPANYING INFORMATION

*For the Year Ended December 31, 2025* 

*And Report <d1ndependent Registered Public Accounting Firm* 

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

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sec File number

8-70565

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

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<br>MM/DD/YY                                                                                   | AND ENDING | 12/31/25<br>MM/DD/YY |
|---------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|------------|----------------------|
|                                                                     | A. REGISTRANT IDENTIFICATION                                                                           |            |                      |
| NAME OF FIRM:                                                       | Onpeak Capital                                                                                         |            |                      |
| TYPE OF REGISTRANT (check all applicable boxes):<br>L Broker-dealer | _ Security-based swap dealer<br>[ Check here if respondent is also an OTC derivatives dealer           |            |                      |
|                                                                     | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)<br>1221 Brinkall Avonua  Suita QNN |            |                      |

|        | (No. and Street) |            |
|--------|------------------|------------|
| Miami  | FL               | 33131      |
| (City) | (State)          | (Zip Code) |

PERSON TO CONTACT WITH REGARD TO THIS FILING

| Dennis Isesarskv | (917) 645-2077                 | dt(@onpeakcapital.com |
|------------------|--------------------------------|-----------------------|
| (Name)           | (Area Code – Telephone Number) | (Email Address)       |
|                  | B. Accountant Identification   |                       |

INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\*

# Brian W. Anson, CPA

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(Name – if individual, state last, first, and middle name)

| 18455 Burbank Blvd., #406  Tarzana               |                       | CA      | 91356                                      |
|--------------------------------------------------|-----------------------|---------|--------------------------------------------|
| (Address)                                        | (City)                | (State) | (Zip Code)                                 |
| 09/15/2005                                       |                       | 2370    |                                            |
| (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 uniess the form displays a currently valid OMB control number.

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#### OATH OR AFFIRMATION

| Dennis Tsesarsky                                                   | sweat to the many swear (or affirm) that, to the best of my knowledge and belief, the                                               |
|--------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| tinancial report pertaining to the firm of __ Ompeak Capital       | and the commended as bot                                                                                                            |
| 12/31                                                              | 2 025 _ is true and correct. I further swear (or affirm) that neither the company nor any                                           |
| as that of a customer.                                             | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified soledy |
|                                                                    | legnature:<br>nnis / Sesarial                                                                                                       |
|                                                                    | Title<br>Managing Partner                                                                                                           |
|                                                                    |                                                                                                                                     |
| 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.
- [] 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 t o 17 CFR 240.18a-4, as applicable.
- [] (() 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 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 EFR 240.15c3 3 or 17 CFR 240.18a 4, ac applicable, if material differences cxist, 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-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.
- E (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.
- (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.
- E (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.173-5 or 17 CFR 240.18a-7, as applicable.
- = (x) Supplemental reports on applying agreedures, in accordance with 17 CR 240.15c3-1e or 17 CFR 240.17a-12, as applicable.
- = {y} Report describing any material mattequacces found to have existed since the date of the previous addit, or a statement that no material inadequacies exist, under 17 CFR 240,17a-12(k).
- \_ (z) Other:

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<sup>\*\*</sup> To request confidention treatment of certain portions of this film, see 17 CFR 240.170-5(c){3} or 17 CFR 240.180-7(d){2}, as applicable.

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### **BRIAN W. ANSON**

*Certified Public Accountant* 

**1 8455 Burbank Blvd. , Suite 406, Tarzana, CA 9 1356 • Tel. (8 1 8) 636-5660 •** 

## **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Member's and Board of Member's of Onpeak. Capital LLC

## **Opinion on the Financial Statements**

I have audited th� accu1.11pauy iug **:::.t<1.ki11c::ui.** of fiuafn;iai co1:iJitiu11 of Onveak Capital LLC as uf Dect:mbt::r 31, 2025, and the related notes ( collectively referred to as the financial statements). In my opinion, the financial statements present fairly, in all material respects, the financial position of Onpeak Capital LLC as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

## **Basis for Opinion**

These financial statements are the responsibility of Onpeak Capital LLC's management. My responsibility is to express an opinion on Onpeak Capital LLC' s financial statements based on my audit. 1 am a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and am required to be independent with respect to Onpeak Capital LLC in accordance with the U.S . federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and foe PCAOB.

I conducted my audit in accordance with the standards of the PCAOB. Those standards require that I 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. My 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. My audit also included evaluating the accounting principles used and significant estimates made by management, as evaluating the overall presentatio f the financial statements. I believe that my audit provides a reasonable basis for my opinion.

� LJl.¥1a.U ""VY • Anson, CPA

Tarzana, California January 2 1 , 2026

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## **ONPEAK CAPITAL LLC**  STATEMENT OF FINANCIAL CONDITION

*DECEMBER 31. 2025* 

| Assets                                 |             |
|----------------------------------------|-------------|
| Cas h and cash equivalents             | \$ 1 84,730 |
| Prepaid expen:se6                      | 3,049       |
| Other current assets                   | 4, 552      |
| Total assets                           | \$ 1 92,331 |
| Liabilities and Member's Equ ity       |             |
| Liabilities                            |             |
| Accrued expenses                       | 3,000       |
| Total l iabil ities                    | \$3,000     |
| Member's equ ity                       | \$ 1 89,331 |
| Total liabil ities and member's equity | \$ 1 92,331 |

The accompanying notes to the financial statements are an integral part of this statement.

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### **Note 1-0 rganization and natu re of operations**

Onpeak Capital LLC (the "Company") is a renew·ables investment banking finn engaged in mergers and acquisitions advisory, m1d private placement services. The Company was fonned in April 2020 as a limited liability compmry in the State of Delavvare. The Compm1y became registered as a broker-dealer in November 2020 and thus is subject to various rules and regulations promulgated by the Securities and Exchange Commission ("SEC"). Accordingly, the accompanying finm1cial statements have been prepared in accordance with accounting principles generally accepted in the United Statz3 cf /\\_rr.�d�a (''G/\.,A'"P") �� �ppEc�b1c t� brok�r:; and dco.!crs in so�uritics.

#### **Note 2-Summary of significant accounting policies and disclosu res**

*Use of estimates* - The preparation of financial statements in confonnity with GAAP requires management to make estimates m1d assumptions that affect the reported mnounts 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.

*Cash and cash equivalents* - Includes cash on hand and in the bm1k, as ,vell as all short-tenn securities held for the primary purpose of general liquidity . Such securities nonn ally m ature within three months from the date of acquisition. The Compm1y places part of its cash m1d cash equivalents on deposit with finm1cial institutions in the United States. The Federal Deposit Insurance Corporation ("FDIC") covers \$250,000 for substantially all depository accounts. The Company may have amounts on deposit in excess of the insured limits.

*investments -* The Company keeps for its ow11 account part of its cash in liquid assets. The carrying mnount represents fair value. F ASB ASC 820 defines fair value, establishes a framework for measuring fair value, and establishes a fair value hierarchy, which prioritizes the inputs to valuation techniques. Fair value is the price that would be received to sell m1 asset or paid to transfer a liability in an orderly transaction bet,veen m arket participants at the measurement date. A fair value measurement assumes that the trm1saction to sell the asset or liability or, in the absence of a principal market, takes place in the most advantageous market for the asset or liability. Valuation techniques that are consistent with the market, income or cost approach, as specified by F ASB ASC 820, are used to measure fair value.

The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels:

Level l inputs are quoted prices (unadj usted) in active markets for identical assets or liabilities the Company has the ability to access.

Level 2 inputs are inputs ( other than quoted prices included within Level I) that are observable for the asset or liability, either directly or indirectly.

Level 3 are unobservable inputs for the asset or liabilit;· and rely on management's o,vn assumptions about the assumptions that m arket participants would use in pricing the asset or liability. (The unobsencable inputs should be developed based on the best infonnation available in the circumstm1ces m1d m ay include the Compm1y's own data.)

There were no levels to measure as of December 3 1 , 2025.

*Fixed assets* - Fixed assets are recorded at cost and depreciated over estimated useful life of three (3) years by a straight-line method. Purchases over \$2,000 are capitalized. When items are retired or sold, the related cost and accumulated depreciation are removed from the accounts and m1y gains or losses arising from such transactions are recognized.

*ASC 606 revenue recognition* - Revenue is measured based on a consideration specified in a contract with a customer. The Company's revenues are generated primarily through providing mergers and acquisitions advisory sen1iccs. The Compm1y typically charges advisory fees paid upon signing or during an engagement, and transaction fees paid upon

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successful completion of transactions. The Company recognizes advisory fees in the period the service obligation is perfonned. Transaction fees are recognized if a trm1saction is completed.

One customer represented approximately 1 00% of total revenues for the period. At December 31, 2025, the Company had no accoimts receivable from customers.

*Leases -* In Febrnary 20 1 6, the FASB issued ASU No. 201 6-02 on Leases (Topic 842). Under the guidance, lessees are required to recognize a lease liability m1d a right-to-use asset for all leases at the commencement date, ,vith the exception of short-tenn leases. ·1 he Company was on a month-to-month lease durmg year ended December 31, l.025. Rent expense for year ended December 31, 202 5 was \$ 1 ,5 67.

*Income taxes* - The Compm1y is a single-member limited liability company and is treated as a disregarded entity for income tax purposes.

The Company is subject to audit by the taxing agencies for years ending December 31, 2022, 2023 and 2024.

*Segment Reporting* - The Company is engaged in a single line of business as a securities broker dealer, which is comprised of several classes of sen,ices, including mergers m1d acquisitions advisory, m1d private placement senices. The Compm1y has identified its Chief Executive Officer as the chief operating decision maker (CODM), ,vho uses net income to evaluate the results of the business, predominm1tly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital, ,vhich is not a measure of pro<sup>f</sup> it m1d loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Company's operations constitute a single operating segment m1d therefore, a single reportable segment, because the CODM m mrnges the business activities using infonnation from the Compm1y as a whole. The accounting policies used to measure the profit and loss of the segment are the smne as those described in the summary of significm1t accounting policies.

#### **Note 3-CapitaI requirements**

The Compm1y is subj ect to the Securities and Exchm1ge Commission Unifonn Net Capital Rule (SEC rnle l 5c3- l ), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. Net capital m1d aggregate indebtedness change day to day, but on December 31, 2025, the Company had net capital of \$181,73 0, which was \$ 1 76,73 0 in excess of its required net capital of \$5,000 and the Company's ratio of aggregate indebtedness of \$3,000 to net capital was 0.02 to l, which is less than the 15 to 1 maximum ratio allovved for a broker deal er.

### **Note -t-Indemnification agreements**

The Compm1y enters into contracts that contain a variety of indemnifications The Company's maximum exposure under these agreements is unknown. However, the Company has not had prior claims or losses pursuant to these contracts m1d expects the risk of loss to be remote.

#### **Note 5-Subsequent events**

The Company has revievved the results of operations from December 3 1 , 2025 through Jmrnary 2 1 , 2026, the date finm1cial statements were available to be issued, and has detennined that no adjustments are necessary to the amounts reported in the accompanying finm1cial statements nor have m1y subsequent events occurred, the nature of ,vhich would require disclosure.

### **Note 6-Commitments and contingen cies**

The Company did not have any litigation or other legal action that would require disclosure during year ended December 31, 2025.


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.