3. FAIR VALUE OF FINANCIAL INSTRUMENTS: Fair Value Measurements, Nonrecurring (Tables)

9 Months Ended

Sep. 30, 2025

	Fair Value Measurements as of September 30, 2025
	Level 1		Level 2			Level 3
Assets
Commitment fees – lines of credit	$	-	$	22,176		$	-
ZenaTech securities		-		12,087,323			-
Total assets		-		12,109,499			-

Liabilities
Short-term debt		-		21,000			-
Short-term advance from affiliate				876,886
Long-term debt, including current portion		-		1,038,920			-
Total liabilities	$	-	$	(1,939,806	)	$	-

Ameritek sold Ecker Capital, LLC to ZenaTech, Inc., a related party, on October 1, 2024. As a result of this sale, Ameritek owns an investment in ZenaTech, Inc. as of September 30, 2025, Ameritek owned:

- 1,583,333 common shares of ZenaTech stock.

- 5,000 super voting shares of ZenaTech stock and,

- 750,000 preferred shares of ZenaTech stock.

Ameritek owes Epazz, a related party, $558,992 and ZenaTech, Inc., a related party, $317,793, representing amounts transferred as of September 30, 2025, and December 31, 2024 (note 10).

For a detailed description of the sale, please refer to notes 5, Divestitures, and note 10, Related Parties.

	Fair Value Measurements as of December 31, 2024
	Level 1		Level 2			Level 3
Assets
Commitment fees – lines of credit	$	-	$	27,720		$	-
ZenaTech securities		-		14,053,981			-
Total assets		-		14,081,701			-

Liabilities
Short-term debt		-		21,000			-
Short-term advance from affiliate		-		317,793			-
Long-term debt, including current portion		-		1,022,411			-
Total liabilities	$	-	$	(1,361,204	)	$	-

Ameritek Ventures, Inc. 10-Q/A