# CACHE SECURITIES LLC X-17A-5 (2026-03-02) — Broker-dealer annual report - Company: CACHE SECURITIES LLC - Form: X-17A-5 - Filed: 2026-03-02 - Period: 2025-12-31 - Accession: 0001922100-26-000002 - CIK: 1922100 - File #: 8-70913 - Type: Broker-dealer - Material weakness: No - Auditor: Goldman & Company, CPA's P.C. - Auditor location: Marietta, GA - Contact: Elisa Garibay - Phone: 650-533-1528 - Email: elisa@usecache.com - Website: usecache.com - Signed by: Elisa Garibay (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1922100/000192210026000002/1csfull25.pdf --- {0}------------------------------------------------ ![](_page_0_Picture_0.jpeg) FINANCIAL STATEMENTS WITH REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM DECEMBER 31, 2025 {1}------------------------------------------------ # CONTENTS PAGE | FORM X-17A-5, PART III 1 - 3 | | |-----------------------------------------------------------------------------------------------|----| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 4 | | FINANCIAL STATEMENTS | | | Statement of Financial Condition | 5 | | Statement of Operations | 6 | | Statement of Changes in Member's Equity | 7 | | Statement of Cash Flows | 8 | | Notes to Financial Statements 9 - 14 | | | SUPPLEMENTAL INFORMATION –
SCHEDULE I: COMPUTATION OF NET CAPITAL UNDER RULE 15c3-1 | 15 | | EXEMPTION REPORTS | | | SCHEDULE II: Computation for Determination of
Reserve Requirements Under Rule 15c3-3 | 16 | | SCHEDULE III: Information Relating to Possession or Control Requirements
Under Rule 15c3-3 | 17 | | Exemption Report Pursuant to Rule 17a-5 –
of the Securities and Exchange Commission | 18 | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
EXEMPTION REPORT REVIEW | 19 | {2}------------------------------------------------ | 8-70913 | | | | |---------|--|--|--| | 01/01/2025
12/31/2025 | | | | | | | | |--------------------------------|--------------|------|--------------------|--|--|--|--| | | | | | | | | | | | | | | | | | | | Cache Securities LLC | | | | | | | | | ■ | | | | | | | | | | | | | | | | | | 921 Front Street, 2nd Floor | | | | | | | | | | | | | | | | | | San Francisco | CA | | 94111 | | | | | | | | | | | | | | | | | | | | | | | | Elisa Garibay | 650-533-1528 | | elisa@usecache.com | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Goldman & Company, CPA's, P.C. | | | | | | | | | | | | | | | | | | 3535 ROswell Rd., Suite 32 | Marietta | GA | 30062 | | | | | | | | 1952 | | | | | | | | | | | | | | | | | | | | | | | | {3}------------------------------------------------ | Elisa Garibay | swear (or affirm) that, to the best of my knowledge and belief, the | | |------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------|--| | financial report pertaining to the firm of Cache Securities, LLC | . as of | | | December 31 | 2 025 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 proprietary interest in any account classified solely | | | Signature: | | |------------|--| |------------|--| - - - - - - - - - - - - - - - - - - - - - - - - - - - {4}------------------------------------------------ #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Cache Securities, LLC #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Cache Securities, LLC as of December 31, 2025, the related statements of operations, changes in member's equity and cash flows for the year ended December 31, 2025 and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Cache 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. #### **Basis for Opinion** These financial statements are the responsibility of Cache Securities, LLC 's management. Our responsibility is to express an opinion on Cache 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 the company 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 Supplemental Information: Schedule I: Computation of Net Capital Under SEC Rule 15c3-1, Schedule II: Computation for Determination of Reserve Requirements Pursuant to SEC Rule 15c3-3 (exemption) and Schedule III: Information Relating to Possession or Control Requirements Pursuant to SEC Rule 15c3-3 (exemption) have been subjected to audit procedures performed in conjunction with the audit of Cache Securities, LLC's financial statements. The supplemental information is the responsibility of Cache 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 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 Supplemental Information is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the Company's auditor since 2024. Goldman & Company, CPA's, P.C. Marietta, Georgia February 28, 2026 {5}------------------------------------------------ # STATEMENT OF FINANCIAL CONDITION # DECEMBER 31, 2025 ## ASSETS | Cash and cash equivalents
Deposits with clearing brokers | \$
204,472
125,000 | |-------------------------------------------------------------|--------------------------| | Account receivable (see note 2) | 90,370 | | Prepaid expenses and other assets | 53,844 | | TOTAL ASSETS | \$
473,686 | | LIABILITIES AND MEMBER'S EQUITY | | | LIABILITIES | | | Accounts payable | \$
18,843 | | Accrued expenses | 12,349 | | Due to member | 32,773 | | TOTAL LIABILITIES | 63,965 | | MEMBER'S EQUITY | | | Additional paid-in capital | 3,047,041 | | Accumulated deficit | (2,637,320) | | TOTAL MEMBER'S EQUITY | 409,721 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | \$
473,686 | {6}------------------------------------------------ #### STATEMENT OF OPERATIONS #### FOR THE YEAR ENDED DECEMBER 31, 2025 | REVENUES | | |------------------------------------------|-----------------| | Support fees | \$
245,157 | | Referral fees | 43,672 | | Rebates | 2,472 | | TOTAL REVENUES | 291,301 | | EXPENSES | | | Salaries, bonuses and benefits | \$
554,664 | | Professional fees | 227,093 | | Brokerage, exchange and clearance fees | 182,773 | | Technology, data and communication costs | 125,115 | | Regulatory fees | 37,091 | | Advertising costs | 69,437 | | Business insurance | 6,417 | | Other expenses | 6,558 | | Allowance for credit loss | 453 | | TOTAL EXPENSES | \$1,209,601 | | NET OPERATING LOSS | (918,300) | | OTHER INCOME | | | Interest Earned | \$
4,852 | | TOTAL OTHER INCOME | 4,852 | | NET LOSS | \$
(913,448) | {7}------------------------------------------------ # STATEMENT OF CHANGES IN MEMBER'S EQUITY # FOR THE YEAR ENDED DECEMBER 31, 2025 | | Additional | | | |--------------------------------|-----------------|-------------------|---------------| | | Paid-In | Accumulated | | | | Capital | Deficit | Total | | | | | | | BALANCE - BEGINNING OF PERIOD | \$
2,147,041 | \$
(1,723,872) | \$
423,169 | | Capital contribution by member | 900,000 | - | 900,000 | | Net loss | - | (913,448) | (913,448) | | BALANCE - END OF PERIOD | \$
3,047,041 | \$
(2,637,320) | \$
409,721 | {8}------------------------------------------------ #### STATEMENT OF CASH FLOWS #### FOR THE YEAR ENDED DECEMBER 31, 2025 | OPERATING ACTIVITIES | | |-----------------------------------------------------------------------------|-----------------| | Net loss | \$
(913,448) | | Adjustments to reconcile net loss to net cash used in operating activities: | | | (Increase) decrease in operating assets: | | | Accounts receivable | (41,385) | | Prepaid expenses and other assets | (21,189) | | Increase (decrease) in operating liabilities: | | | Accounts payable | (1,652) | | Accrued expenses | (238) | | Due to member | 28,158 | | TOTAL ADJUSTMENTS | (36,306) | | NET CASH USED IN OPERATING ACTIVITIES | (949,754) | | FINANCING ACTIVITIES | | | Capital contributions from member | 900,000 | | NET CASH PROVIDED BY FINANCING ACTIVITIES | 900,000 | | NET INCREASE IN CASH AND CASH EQUIVALENTS | (49,754) | | CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD | 254,226 | | CASH AND CASH EQUIVALENTS - END OF PERIOD | \$
204,472 | | SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | | | Cash paid during the period for: | | | Interest | \$
- | | Taxes | \$
- | {9}------------------------------------------------ # NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS Cache Securities LLC (the "Company") is organized in the state of Delaware and is registered as an introducing broker dealer with the Securities and Exchange Commission ("SEC") and a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection Corporation ("SIPC"). The Company has a contractual agreement with one clearing broker. The clearing broker carries the accounts of the Company's customers on their books. The Company acts as an agency broker for corporate equity securities and exchange traded funds, and receives fees for transactions conducted by clients who employ the technologies/software offered by its parent. The Company is exempt from Rule 15c3-3 of the SEC under paragraph (k)(2)(ii) of that rule and footnote 74 contemplated by SEC Release No. 34-70073. The Company commenced operations on February 17, 2022 and is a single member limited liability company and is a wholly owned subsidiary of Cache Financials Inc. (the "Member"/"Parent"). # NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ### Basis of Financial Statement Presentation The financial statements are presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The Company is evaluating new accounting standards and will implement as required. ## Use of Estimates The preparation of financial statements in conformity with GAAP 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. #### Cash and Cash Equivalents The Company maintains cash in a commercial checking account in a high credit quality financial institution. Balances have exceeded federally insured limits of \$250,000. The Company has not experienced any losses in such accounts and does not believe it is exposed to any significant credit risk on cash and cash equivalents. As of December 31, 2025, the Company does not have excess cash of federally insured limits. The company considers investments with original maturity dates of 90 days or less as cash or cash equivalents. {10}------------------------------------------------ #### NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) #### Accounts Receivable Receivables arise when the Company has an unconditional right to receive payment under a contract with an affiliated RIA, Cache Advisors LLC, and are reversed when the cash is received. The Company accounts for credit losses in accordance with ASC Topic 326, Financial Instruments - Credit Losses ("ASC Topic 326"). ASC Topic 326 impacts the impairment model for certain financial assets measured at amortized cost by requiring a current expected credit loss ("CECL") methodology to estimate expected credit losses over the entire life of the financial asset, recorded at inception or purchase. The Company has the ability to determine there are no expected credit losses in certain circumstances. The Company identified accounts receivable, prepaid expenses and other assets which are carried at amortized cost as in scope for consideration under ASC Topic 326. The allowance for credit losses is based on the Company's expectation of the collectability of financial instruments carried at amortized cost, including other assets utilizing the CECL framework. The Company considers factors such as historical experience, credit quality, age of balances and current and future economic conditions that may affect the Company's expectation of the collectability in determining the allowance for credit losses. The Company's expectation is that the credit risk associated with other assets is not significant until they are 120 days past due based on the contractual arrangement and expectation of collection in accordance with industry standards. For receivable amounts over 90 days the company estimated credit losses based on the Federal Fund Rate. The Company recorded account receivable from its affiliate Cache Advisors, LLC of \$91,359 at December 31, 2025. Allowance for credit losses was recorded at December 31, 2025 in the amount of \$989. Account receivable at January 1, 2025 was reported at \$48,985. #### Clearing Agreements The Company has an agreement with clearing broker to execute and clear, on a fully disclosed basis, customer accounts of the Company. In accordance with this agreement, the Company is required to maintain deposits in cash or securities. This amount was \$125,000 at December 31, 2025. #### Revenue Recognition The Company recognizes revenue in accordance with "ASC-606", Revenue from Contracts with Customers. The standard provides a comprehensive, industry-neutral revenue recognition model intended to increase financial statement comparability across various {11}------------------------------------------------ ## NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) companies, aiming at recognizing revenue when the entity satisfied a certain performance obligation. In relation to financial broker dealers, trading commission revenue is deemed to be recognized as an ongoing obligation as of the trade date, which is the single performance obligation for both, trade execution and clearing 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 obligation in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligation in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. ## Support Fees: The Company is an introducing broker-dealer (through Apex, its clearing broker) and acts as a placement agent for private placement exchange funds for its related party RIA. The Company's related party, Cache Advisors, LLC (RIA) , serve as the Investment Advisor to these Exchange Funds. The Company and its related parties offer tax advantaged private placement securities, specifically, Private Placement Exchange Funds. The Company's clients who wish to purchase an interest in an Exchange Fund complete a subscription agreement and establish an Apex account through the Cache portal. Clients then complete a transfer confirmation form and contribute securities to their account. The contributed securities are subsequently exchanged for an interest in the Exchange Fund chosen by the client. The Company is paid a support fee for administrative non-distribution-related services as the placement agent from its affiliated RIA entity. The firm has a separate intercompany agreement with its affiliated party RIA. The Support Fee is paid exclusively by the RIA from its own legitimate business revenue and not from any Fund assets. The firm's placement agent fee is calculated and recognized monthly for all new and previously committed capital by clients of the RIA. These fees are transaction-based and are recognized at the point in time that the transaction is processed by its clearing broker, Apex, for the new investment and over time for the previously invested capital. The client is locked into the Exchange Fund for a lock down period as defined in the Private Placement Memorandum. If the client redeems before the lock down period, there is a redemption fee payable to the Company. There have been no early redemptions as of December 31, 2025. The Company believes that the performance obligation is satisfied at the time when securities are exchanged for an interest in the Exchange Fund because that is when the underlying financial instrument is identified, the pricing is agreed upon, and the risks and rewards of ownership have been transferred to/from the customer. {12}------------------------------------------------ ## NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Related clearing expenses are recorded on a trade-date basis as securities transactions occur. #### Referral Fees: The Company earns referral fees from other broker-dealers equal to 25% of the gross revenues from each completed Transaction, net of any amounts paid to third parties, which constitute variable consideration; such revenue is recognized at the point in time when the related Transaction is funded and the fee is contractually earned, measured as the net amount of consideration to which the Company expects to be entitled, subject to the variable consideration constraint under ASC 606 and presented on a net (agent) basis. For purposes of this policy, the Company is an agent because its performance obligation is to arrange for other broker-dealers to provide the underlying services to customers and it recognizes as revenue only the fee or commission it retains rather than the gross transaction amount. #### Taxes The Company is a single member limited liability company that is deemed to be a disregarded entity for federal income tax purposes. The taxable income or loss of the Company is allocated and taxed to its member. The Company accounts for uncertainties in income taxes under the provisions of Financial Accounting Standards Board "FASB" ASC 740-10-05, "Accounting for Uncertainty in Income Taxes." In accordance with the rule, the Company is required to evaluate each of its tax positions to determine if they are more likely than not to be sustained if the taxing authority examines the respective position. At December 31, 2025, management has determined that the Company had no material unrecognized tax positions that would require financial statement recognition as there are no uncertain tax positions at December 31, 2025. This determination will always be subject to ongoing reevaluation as facts and circumstances may require. #### Subsequent Events The Company has evaluated events and transactions that occurred between December 31, 2025 and February 28, 2026, the date the financial statements were available to be issued, for possible recognition or disclosure in the financial statements. There were no subsequent events that occurred during the 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 3 – RELATED PARTY TRANSACTIONS The Company has an Expense Sharing Agreement ("ESA") in place with its Parent. Under the terms of the ESA, the Parent provides the Company with human capital, technology, communication and data product services, and general operational and infrastructure costs. Costs that are included are allocated to the broker dealer in a fair and reasonable manner. {13}------------------------------------------------ #### NOTE 3 – RELATED PARTY TRANSACTIONS (CONTINUED) All these expenses are allocated to the Company monthly based on agreed upon percentages, and the Company's total reimbursements amounted to \$924,816 the year ended December 31, 2025. As of December 31, 2025, \$32,773 is included in Due to Member as reflected on the Statement of Financial Condition. Moreover, the Company has received \$900,000 of capital contributions by the Parent for the period December 31, 2025. Also see disclosures regarding affiliate cache Advisors, LLC in Note 2. # 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 and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2025, the Company had net capital of \$269,134 which was \$264,134 in excess of its required minimum of \$5,000. The Company's percent of aggregate indebtedness to net capital was 23.77% ## NOTE 6 – RISK AND UNCERTAINTIES, GOING CONCERN The financial statements are presented on a going concern basis. The Company had a net loss and negative cash flows from operations but the Company is optimistic that it will generate sufficient revenue to fund operations in the near future, meanwhile it will continue to be supported by Cache Financials Inc. through capital contributions until such time as it can independently sustain. Management has determined that the company will be able to meet obligations and net capital requirements for the next 12 months from issuance of these financials statements. # NOTE 7 – SEGMENT REPORTING The Company is engaged in a single line of business as a securities broker-dealer, and has a single reportable segment under ASC 280. The Company's primary product offering is the distribution of private placement securities, specifically Exchange Funds. The Company has identified its President as the chief operating decision maker ("CODM"), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital (see Note 4), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages {14}------------------------------------------------ # NOTE 7 – SEGMENT REPORTING (CONTINUED) the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. The company derived 99 percent of its total revenues from a single related customer in 2025. {15}------------------------------------------------ ## SCHEDULE I COMPUTATION OF NET CAPITAL UNDER RULE 15C3-1 SUPPLEMENTAL INFORMATION #### DECEMBER 31, 2025 | Net Capital | | |----------------------------------------------------------------------------------------------------------------------------------|---------------| | Total member's equity from the Statement of Financial Condition | \$
409,721 | | Nonallowable assets from the Statement of Financial Condition | (140,587) | | Net capital before haircuts | 269,134 | | Net capital | \$
269,134 | | Total aggregate indebtedness | \$
63,965 | | Computation of basic net capital requirement
Net capital requirement (greater of \$5,000 or 6-2/3% of aggregate indebtedness) | \$
5,000 | | Excess net capital | \$
264,134 | | Percentage of aggregate indebtedness to net capital | 23.77
% | There is nomaterial difference computed above and the Company's computation of net capital on its December 31, 2025 FOCUS Report - Part IIA agree. As a result, no reconciliation is necessary. See Report of Independent Registered Public Accounting Firm regarding supplementary information. {16}------------------------------------------------ # SCHEDULE II STATEMENT ON EXEMPTION FROM THE COMPUTATION FOR DETERMINATION OF RESERVE REQUIRMENTS UNDER RULE 15c3-3 #### DECEMBER 31, 2025 The Company is exempt from the requirement of Rule 15c3-3 under the exemption provided in Section k(2)(ii) of the Rule and footnote 74 contemplated by SEC release No. 34-70073. The Company has met the exemption provision in paragraph k(2)(ii) of Rule 15c3-3 throughout the year ended December 31, 2025 without exception and footnote 74 contemplated by SEC release No. 34-70073. See Report of Independent Registered Public Accounting Firm regarding supplementary information. {17}------------------------------------------------ # SCHEDULE III STATEMENT ON EXEMPTION RELATING TO POSSESSION OR CONTROL REQUIREMENTS UNDER RULE 15c3-3 #### DECEMBER 31, 2025 The Company is exempt from the requirements of Rule 15 c3-3 under the exemption provided in paragraph k(2)(ii) of Rule. The Company has met the exemption provision in paragraph k(2)(ii) of Rule 15c3-3 throughout the year ended December 31, 2025 without exemption. See Report of Independent Registered Public Accounting Firm regarding supplementary information. {18}------------------------------------------------ {19}------------------------------------------------ # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Cache Securities, LLC We have reviewed management's statements, included in the accompanying Cache Securities, LLC's Annual Exemption Report, in which Cache Securities, LLC identified the following provisions of 17 C.F.R. §15c3-3(k) under which Cache Securities, LLC claimed an exemption from both 17 C.F.R. §240.15c3-3: (k)(2)(ii), and Footnote 74 of the SEC Release No. 34-70073 (the "exemption provisions") because the Company limits its Footnote 74 business activities exclusively to include receiving transaction-based referral compensation from broker dealers and transaction based compensation from private placement of securities for individuals. (2) Cache Securities, LLC stated that Cache Securities, LLC met the identified exemption provisions throughout the most recent fiscal year without exception. In addition, Cache Securities, LLC did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception Cache Securities, 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 Cache Securities, 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(2)(ii) of Rule 15c3-3 and Footnote 74 of the SEC Release No. 34-70073 under the Securities Exchange Act of 1934. Goldman & Company, CPA's, P.C. Marietta, Georgia February 28, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.