# AUGMENT CAPITAL, LLC X-17A-5 (2025-12-29) — Broker-dealer annual report - Company: AUGMENT CAPITAL, LLC - Form: X-17A-5 - Filed: 2025-12-29 - Period: 2025-09-30 - Accession: 0001946919-25-000009 - CIK: 1946919 - File #: 8-70989 - Type: Broker-dealer - Material weakness: No - Auditor: Sanville & Company LLC - Auditor location: Dallas, TX - Contact: Deetra Tesla - Phone: (281) 728-7061 - Email: deetra@augment.capital - Website: augment.capital - Signed by: Deetra Tesla (CCO) Original filing: https://www.sec.gov/Archives/edgar/data/1946919/000194691925000009/2025-09CertAuditAugmentEDGAR.pdf --- {0}------------------------------------------------ # Public Copy # **Augment Capital, LLC** **Report on Audit of Financial Statements and Supplementary Information For the Year Ending September 30, 2025** This report is deemed CONFIDENTIAL in accordance with Rule 17a-5(e)(3) under the Securities Exchange Act of 1934. A statement of financial condition bound separately has been filed with the Securities and Exchange Commission simultaneously herewith as a PUBLIC document. {1}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** 0MB APPROVAL 0MB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 # **ANNUAL REPORTS FORM X-17A-5 PART Ill** | SEC FILE NUMBER | | |-----------------|--| | 8-70989 | | | Information Required Pursuant to Rules 17a-5, 17a-12, and lSa-7 under the Securities Exchange Act of 1934 | FACING PAGE | | | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|--------------------|-----------------------------------------|--| | FILING FOR THE PERIOD BEGINNING __ | 10_/0_1_/_2_4 ___ | AND ENDING __ 0_9_ | /_3_0_
/2_5 __ _
MM/DD/YY | | | | MM/DD/YY | | | | | | A. REGISTRANT IDENTIFICATION | | | | | NAME oF FIRM: _Au__g_m_en_t_C__a_p_ita_l_, _LL_C _____________ _ | | | | | | TYPE OF REGISTRANT (check all applicable boxes):
� Broker-dealer
D Security-based swap dealer
D Check here if respondent is also an OTC derivatives dealer | | | D Major security-based swap participant | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | 1204 San Antonio Street, 2nd FL | | | | | | | (No. and Street) | | | | | Austin | TX | | 78701 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Deetra Tesla | (281) 728-7061 | | deetra@augment.capital | | | (Name) | (Area Code-Telephone Number) | | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
Sanville & Company LLC | | | | | | | (Name-if individual, state last, first, and middle name) | | | | | 325 N. St. Paul Street, Ste 3100 | Dallas | | TX
75201 | | | (Address) | (City) | (State) | (Zip Code) | | | September 18
, 2003 | | 169 | | | | te of Registrntioo with PCAOB)(if applicable) | | | | | | r | FOR OFFICIAL USE ONLY | | | | | | | | | | \* Claims for exemption from the requirement that the annual reports be covered by the 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-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.** {2}------------------------------------------------ ### **OATH OR AFFIRMATION** **I,** Deetra Tesla **swear (or affirm) that, to the best of my knowledge and bel ief, the financial report pertain ing to the firm** of Augment Capital LLC **as of** **September 30 2� is true and correct. I further swear (or affirm) that neither the company nor any partne r, officer, director, or eq uiva lent person, as th e case may be, has any proprietary i nterest in any account classifi ed solely as that of a customer.** **Title: �** cco # **This filing\*\* conta ins (check all appl icable boxes):** - **ii (a ) Statement of financi al condition.** - □ **(b) Notes to consolidated statement of fi na ncial condition.** - **D (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 su bordinated to claims of creditors.** - **ii (g) Notes to consolidated financial statements.** - **D ( h ) Computation of net ca pital 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.** - **D {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 Exh ibit A to 17 CFR 240. 18a-4, as applicable.** - **D {I ) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.** - □ **{m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.** - **D { n ) Information relating to possession or control req uirements for security-based swap customers under 17 CFR 240.15c3-3 ( p){2 ) or 17 CFR 240. 18a-4, as applica ble.** - **D {o) Reconciliations, i ncluding appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240. 18a-2, as applicable, and the reserve req uirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material d ifferences exist, or a statement that no material differences exist.** - **D { p) Summary of fi nancial data for subsid iaries not consolidated in the statement of financial condition.** - □ **{q ) Oath or affirmation in accordance with 17 CFR 240. 17a-5, 17 CFR 240. 17a- 12, or 17 CFR 240. 18a-7, as applica ble.** - □ **{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.** - **ii {t) Independent public accou nta nt's report based on an examination of the statement of financial condition.** - **D (u) I ndependent public accountant's report based on an examination of the fi na ncial report or fi na ncial 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 exami nation of certain statements in the compliance report under 17 CFR 240. 17a-5 or 17 CFR 240. 18a-7, as applica ble.** - □ **{w) Independent public accou nta nt's report based on a review of the exemption report u nder 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applica ble.** - □ **(x) Supplemental reports on applying agreed-u pon procedu res, in accordance with 17 CFR 240. 15c3-1e or 17 CFR 240.17a-12, as applica ble.** - □ **(y ) Report describing any material inadeq uacies found to exist or found to have existed since the date of the previous aud it, or a statement that no material inadequacies exist, under 17 CFR 240. 17a-12(k).** - **D (z) other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_** - *\*\*To request confidential treatmen t of certain portions of this filing, see 17 CFR 240. 1 7a-5(e){3) or 17 CFR 240. 18a-7(d){2), as applicable.* {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** To the Members and Those Charged With Governance Augment Capital , LLC # **Opinion on the Statement of Financial Condition** We have audited the accompanying statement of financial condition of Augment Capital , LLC (the Company) as of September 30, 2025, and the related notes (collectively, the statement of financial condition). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of the Company as of September 30, 2025, in conformity with accounting principles generally accepted in the United States of America. # **Basis for Opinion** This statement of financial condition is the responsibil ity of the Company's management. Our responsibil ity is to express an opinion on the Company's statement of financial condition 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 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 statement of financial condition is free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audit included performing procedures to assess the risks of material misstatement of the statement of financial condition, 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 statement of financial condition. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the statement of financial condition. We believe that our audit provides a reasonable basis for our opinion. We have served as the Company's auditor since 2024. :s� ✓ 0� LLC Sanvi lle & Company, LLC Dallas, Texas December 16, 2025 325 North Saint Paul Street Suite 3100 Dallas, Texas 75201 214. 738. 1998 {4}------------------------------------------------ #### (A LIMITED LIABILITY COMPANY) Statement of Financial Condition As of September 30, 2025 #### **ASSETS** | Cash
Accounts Receivable
Prepaid expenses | \$
1,264,199
838,256
37,794 | |-------------------------------------------------|--------------------------------------| | TOTAL ASSETS | \$
2,140,249 | | LIABILITIES AND MEMBER'S EQUITY | | | LIABILITIES | | | Accounts payable | \$
63,944 | | Commissions Payable | 68,112 | | TOTAL LIABILITIES | 132,056 | | MEMBER'S EQUITY | 2,008,193 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | \$
2,140,249 | See Notes to Financial Statements. {5}------------------------------------------------ (A LIMITED LIABILITY COMPANY) Notes to Financial Statements September 30, 2025 #### **1. Organization and Nature of Business** Augment Capital, LLC (the "Company"), was established in the state of Delaware on June 2, 2022. It is a registered broker dealer and is a member of the Financial Industry Regulatory Authority, Inc. (FINRA). The Company commenced operations on July 3, 2023. The Company's primary business activity is to operate an online platform and alternative trading system for the private placement of unregistered securities. **2. Significant Accounting Policies** *Basis of Accounting* - The fmancial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). *Cash* - Cash consists of funds maintained in a checking account held at a single fmancial institution which is insured by the Federal Deposit Insurance Corporation, and at times may exceed federally insured limits. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company's financial condition, results of operations, and cash flows. *Income taxes* - The Company is a limited liability company and is not a tax paying entity for federal or state income tax purposes. Income of the Company is taxed to the member in its respective return. Therefore, no provision or liability for federal or state income taxes has been included in these financial statements. Management is responsible for evaluating the Company's uncertain tax positions in accordance with the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 740, Income Taxes. The Company has evaluated its tax positions taken for all open tax years and has not identified any uncertain tax positions which would require disclosure in the fmancial statements as of September 30, 2025. *Use of estimates* - The preparation of fmancial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the fmancial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. 7 {6}------------------------------------------------ (A LIMITED LIABILITY COMPANY) Notes to Financial Statements September 30, 2025 #### **3. Revenue From Contracts With Customers** The Company recognizes revenue from private placement servies in accordance with ASC Topic 606, Revenue from Contracts with Customers. Revenue is recognized when performance obligations are satisfied by transferring control of promised services to customers, reflecting the consideration expected in exchange. For private placement services, the primary performance obligation • facilitating introductions of counterparties and assisting in transaction closings • is satisfied at a point in time upon transaction closing, as this is when the customer derives the benefit. Contracts may include multiple distinct services ( e.g. , introductions and ongoing assistance), requiring management's judgment to identify and allocate transaction price to separate performance obligations. Consideration is typically variable, based on a proportion of capital raised ( e.g., a fixed fee per share or percentage of transaction size), and is estimated using the expected value method with constraints applied to avoid significant reversals until closing occurs. In arrangements involving special purpose vehicles (SPY s ), the Company acts as principal for its facilitation services, recognizing revenue on a gross basis. The Company had no contract assets or liabilities as of or during the period ended September 30 2025. #### **4. Related Party Transactions** For the period ended September 30, 2025, the Company had an expense sharing agreement in place with the Parent, Augment Markets, Inc. The agreement specifies the allocation of certain shared expenses to the Company, which are included in the Statement of Income. Total allocated expenses for the period were approximately \$928,865, and the balance due to the Parent as of September 30, 2025 was \$0. The shared expenses consist of compensation, professional fees, rent, insurance and other expenses incurred in the normal course of business. #### **5. Net Capital Requirements** The Company is subject to the SEC 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 September 30, 2025, the Company had net capital of \$ 1,200,256, which was \$1,191,452 in excess of its required net capital of \$8,804. The Company's ratio of aggregate indebtedness to net capital was 11.00%. 8 {7}------------------------------------------------ (A LIMITED LIABILITY COMP ANY) Notes to Financial Statements September 30, 2025 #### **6. Concentrations of Risk** Cash • The Company maintains principally all cash balances in one financial institution which, at times may exceed the amount insured by the Federal Deposit Insurance Corporation. The exposure to the Company is solely dependent upon daily bank balances and the respective strength of the financial institution. The Company has not incurred any losses on this account. As of September 30, 2025, the account balance in excess of the insured limits of \$250,000 totaled \$1,014,199. Each time a customer enters into a buy transaction, the Company charges a commission. Commissions are recognized on the trade date (the date the Company fills the trade order, receives the customer subscription funding and confirms the trade with the customer). The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying private placement interest is identified, the pricing is agreed upon, and the risks and rewards of ownership have been transferred to the customer. #### **7. Indemnifications** In the normal course of its business, the Company indemnifies and guarantees certain service providers against specified potential losses in connection with their acting as an agent of, or providing services to, the Company. The maximum potential amount of future payments that the Company could be required to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and has not recorded any contingent liability in the financial statements for these indemnifications. The Company provides representations and warranties to counterparties in connection with a variety of commercial transactions and occasionally indemnifies them against potential losses caused by the breach of those representations and warranties. The Company may also provide standard indemnifications to some counterparties to protect them in the event additional taxes are owed or payments are withheld, due either to a change in or adverse application of certain tax laws. These indemnifications generally are standard contractual terms and are entered into in the normal course of business. The maximum potential amount of future payments that the Company could be required to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and has not recorded any contingent liability in the fmancial statements for these indemnifications. #### **8. Commitments and Contingencies** The Company had no lease or equipment rental commitments and no contingent liabilities as of or for the period ended September 30, 2025 that are material in nature. #### **9. Subsequent Events** The Company has evaluated events subsequent to the balance sheet date for items requiring recording or disclosure in the fmancial statements. The evaluation was performed through the date the fmancial statements were available to be issued. Based upon this review, the Company has determined that there were no events which took place that would have a material impact on its fmancial statements. #### **10. Segment Reporting** The Accounting Standards Update (ASU) 2023-07 issued by the Financial Accounting Standards Board (FASB) introduced enhancements to segment reporting requirements for public entities, including broker-dealers. The update aimed to improve the transparency and usefulness of fmancial disclosures for investors and other stakeholders. ASU 2023-07 disclosure requirements are effective for fiscal years starting after December 15, 2024. The chief operating decision maker is the Chief Executive Officer of the Company and it is determined that no additional disclosures are required as the Company has only one reportable segment. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.