# BONDXN TECHNOLOGIES LLC X-17A-5 (2026-03-03) — Broker-dealer annual report - Company: BONDXN TECHNOLOGIES LLC - Form: X-17A-5 - Filed: 2026-03-03 - Period: 2025-12-31 - Accession: 0002003066-26-000001 - CIK: 2003066 - File #: 8-71194 - Type: Broker-dealer - Material weakness: No - Auditor: Assurance Dimensions LLC - Auditor location: Coral Springs, FL - Contact: Carl Anthony Serra - Phone: 3394401333 - Email: aarora@bondxn.com - Website: bondxn.com - Signed by: William Gafner (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/2003066/000200306626000001/publicbt.pdf --- {0}------------------------------------------------ # **BONDXN TECHNOLOGIES LLC SEC FILE NO: 8-71194** **FINANCIAL STATEMENT DECEMBER 31, 2025 WITH REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PUBLIC PER RULE 17a-5 (e)(3))** {1}------------------------------------------------ ### **TABLE OF CONTENTS** #### **DECEMBER 31, 2025** | | Page | |--------------------------------------------------------|------| | Facing Page to Form X-17 A-5 | 1 | | Affirmation | 2 | | Report oflndependent Registered Public Accounting Firm | 3 | | Financial Statements: | | | Statement of Financial Condition | 4 | | Notes to Financial Statements | 5-8 | {2}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** # **ANNUAL REPORTS FORM X-17 A-5 PART Ill** 0MB APPROVAL 0MB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 | SEC FI LE NUMBER | | |------------------|--| | 8-71194 | | **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 **1/1/2025** MM/DD/YY AND ENDING **12/3 1 / 2 5** MM/DD/YY **A. REGISTRANT IDENTIFICATION** NAME oF FIRM: BondXN Technologies LLC TYPE OF REGISTRANT (check all applicable boxes): C!l Broker-dealer D Security-based swap dealer D Major security-based swap participant □ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 165 PASSAIC AVE, SUITE 201 (No. and Street) FAIRFIELD **NJ** 07004 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Arjun Arora 973-214-9099 I aarora@bondxn.com (Name) (Area Code -Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* Assurance Dimensions LLC (Name - if individual, state last, first, and middle name) 3111 N University Drive, Suite 621 Coral Springs Florida 33065 (Address) (City) (State) (Zip Code) April 10, 2010 5036 **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.l?a-S(e)(l)(ii), if appli cable. **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.** {3}------------------------------------------------ #### OATH **OR AFFIRMATION** | I, William Gafner | swear (or affirm) that, to the best of my knowledge and belief, the | | | | | |-------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-------|--|--|--| | financial report pertaining to the firm of BondXN Technologies LLC | | as of | | | | | 2~
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 | | | | | | | as that of a customer. | | | | | | | | Signature: | | | | | Title: CEO #### **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. - D (f) Statement of changes in liabilities subordinated to claims of creditors. - D (g) Notes to consolidated financial statements. - D (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - D (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 Exhibit A to 17 CFR 240.18a-4, as applicable. - D (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 240.15c3-1, 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. - D (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-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. - D (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 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 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - □ (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. {4}------------------------------------------------ ![](_page_4_Picture_1.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of **BondXN Technologies, LLC** #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of **BondXN Technologies, LLC** as of 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 **BondXN Technologies, 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 **BondXN Technologies, LLC's** management. Our responsibility is to express an opinion on **BondXN Technologies, 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 **BondXN Technologies, LLC** in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission ("SEC") 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 statement is 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 statement, 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 statement. 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 statement. 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 Pursuant to Rule 15c3-1 of the Securities and Exchange Commission, Schedule II: Computation for Determination of Reserve Requirements Under Rule 15c3-3 of the Securities and Exchange Commission, and Schedule III: Information Relating to the 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 **BondXN Technologies, LLC's** financial statements. The supplemental information is the responsibility of **BondXN Technologies, 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 Pursuant to Rule 15c3-1 of the Securities and Exchange Commission, Schedule II: Computation for Determination of Reserve Requirements Under Rule 15c3-3 of the Securities and Exchange Commission, and Schedule III: Information Relating to the 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 **BondXN Technologies, LLC's** auditor since 2025. Assurance Dimensions, LLC Coral Springs, Florida March 2, 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. AD LLC and AD Advisors practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regu lations, and professional standards. AD LLC is a licensed independent CPA firm that provides attest services to its clients, and AD Advisors provide tax and business consulting services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA firms. {5}------------------------------------------------ #### **STATEMENT OF FINANCIAL CONDITION** #### **DECEMBER 31, 2025** ## **ASSETS** | Cash | \$
956,344 | |---------------------|-----------------| | Accounts receivable | 449,321 | | Prepaid expenses | 13,975 | | Total Assets | \$
1,419,640 | ### **LIABILITIES AND MEMBER'S EQUITY** #### Liabilities: | Contract liabilities
Accounts payable and accrued expenses | 210,988
\$
23,478 | |---------------------------------------------------------------|-------------------------| | Total Liabilities | 234,466 | | Member's Equity | 1,185,174 | | Total Liabilities and Member's Equity | \$
1,419,640 | See the accompanying notes to this financial statement. {6}------------------------------------------------ ## **NOTES TO FINANCIAL STATEMENTS** ### **FOR THE YEAR ENDED DECEMBER 31, 2025** ### **NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** ### **Organization** BondXN Technologies LLC (the "Company") was organized in Delaware on November 2nd, 2023, as a limited liability company. The Company is a wholly owned subsidiary of BondXN Inc. (the "Member"). The Company is a registered brokerdealer with the Securities and Exchange Commission ("SEC") and a member of the Financial Industry Regulatory Authority ("FINRA"), since October 1, 2024. As a limited liability company, the member's liability is limited to its investment. ### **Nature of Business** The Company operates a technology platform that facilitates communication and information exchange between institutional market participants in connection with securities transactions. The Company acts as an introducing broker-dealer and earns commissions on transactions executed between customers. The Company does not carry customer accounts or hold customer funds or securities. ## **Basis of Presentation** The accompanying financial statements are presented in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") to ensure consistent reporting of financial condition, results of operations, and cash flows. ## **Cash** The Company maintains its bank account at a high credit quality financial institution. The balance at times may exceed the Federal Deposit Insurance Corporation (FDIC) limit of \$250,000. Management does not believe the Company is exposed to any significant credit risk from balances in excess of federally insured limits. At December 31, 2025, the Company had a cash balance that exceeded the FDIC limit by \$706,344. ## **Estimates** The preparation of financial statements in conformity with generally accepted accounting principles may require management to make estimates and assumptions {7}------------------------------------------------ #### **NOTES TO FINANCIAL STATEMENTS** #### **FOR THE YEAR ENDED DECEMBER 31, 2025** #### **NOTE 1** - **ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)** #### **Estimates** ( **continued)** 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. #### **Accounts Receivable** On January 1, 2024, the Company adopted ASU 2016-13 *Financial Instruments* - *Credit Losses (ASC Topic 326): Measurement of Credit Losses on Financial Instruments* (ASC Topic 326). This standard replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss ("CECL") methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and generally applies to financial assets measured at amortized cost, including loan receivables and held-tomaturity debt securities, and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses. The Company evaluates accounts receivable for expected credit losses in accordance with ASC 326. Based on historical collection experience and current conditions, management determined that no allowance for credit losses was required as of December 31, 2025. The Company had \$449,321 in accounts receivable net of the \$0 in recorded allowance for credit losses. #### **Income Taxes** The Company is a disregarded entity for federal income tax reporting purposes. Accordingly, the Company does not file a separate income tax return. The income or losses of the Company flow through to and are taxable to the Member. Therefore, no income taxes are recorded in the accompanying financial statements. {8}------------------------------------------------ #### **NOTES TO FINANCIAL STATEMENTS** #### **FOR THE YEAR ENDED DECEMBER 31, 2025** ### **NOTE 1 -ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)** #### **Income Taxes ( continued)** Under the provisions of FASB Accounting Standards Codification 740-10 ("ASC 740-10"), Accounting for Uncertainty in Income Taxes, 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. A tax position includes an entity's status, including its status as a pass-through entity, and the decision not to file a tax return. The Company has evaluated each of its tax positions and has determined that it has no uncertain tax positions for which a provision or liability for income taxes is necessary. #### **Segment** The Company's Chief Operating Decision Makers ("CODMs") are its Chief Executive Officer and Chief Compliance Officer. Due to the similarities and related nature of the broker-dealer's services, the Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODMs manage the business activities using information of the Company as a whole. The COD Ms use net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODMs use excess net capital (see Note 3), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay distributions. 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. #### **NOTE 2 - NET CAPITAL REQUIREMENTS** The Company, as a registered broker dealer, is subject to the Securities and Exchange Commission Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of minimum net capital equal to the greater of \$5,000 or 6.67% of aggregate indebtedness and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. {9}------------------------------------------------ ## **NOTES TO FINANCIAL STATEMENTS** ### **FOR THE YEAR ENDED DECEMBER 31, 2025** ### **NOTE 2** - **NET CAPITAL REQUIREMENTS** ( **continued)** At December 31 , 2025, the Company had net capital of \$721 ,878 which was \$706,247 in excess of its required minimum net capital of \$5,631. The Company's ratio of aggregate indebtedness to net capital was 0.32 to 1.00. ### **NOTE 3** - **RELATED PARTY TRANSACTION** The Company has an expense sharing agreement with its Member. Under the terms of this agreement, the Company has allocated personnel services and occupancy based on estimated time spent or estimated usage by the Company by individuals employed by its Member. No amounts are due to the Member as of December 31 , 2025 as a result of this agreement. Financial position and results of operations might differ from the amounts in the accompanying financial statements if this related party agreement did not exist. ### **NOTE 4** - **COMMITMENTS AND CONTINGENCIES** The Company is subject to litigation in the normal course of business. The Company has no litigation in progress at December 31 , 202 5. ### **NOTE 5** - **CONCENTRATIONS** Approximately 85% of accounts receivable at December 31 , 2025, are due from three subscribers. #### **NOTE6- SUBSEQUENT EVENTS** Subsequent events were evaluated through March 2, 2026, the date the financial statements were issued. There have been no subsequent events requiring recognition or disclosure in the financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.