For the quarter ending 2026-03-31, SPAI has $16,736,600 in assets. $1,318,631 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 14,802,060 | 16,793,088 | 7,597,009 | 805,596 |
| Accounts receivable and other receivables, net | 61,723 | 100,028 | 40,394 | 38,559 |
| Total other assets | - | - | 1,273,097 | 2,207,493 |
| Inventory | 453,815 | 615,024 | 493,547 | 306,288 |
| Prepaid expenses and other current assets | 249,208 | 420,306 | 291,340 | 181,395 |
| Total current assets | 15,566,806 | 17,928,446 | 8,422,290 | 1,331,838 |
| Property and equipment, gross | 569,770 | 521,569 | - | - |
| Less accumulated depreciation | 262,013 | 238,482 | - | - |
| Property and equipment, net | 307,757 | 283,087 | 281,650 | 296,932 |
| Goodwill | - | - | - | 684,867 |
| Right of use assets, net | 39,568 | 59,010 | 77,952 | 96,733 |
| Intangible assets, net | 812,669 | 834,461 | 903,695 | 1,119,161 |
| Security deposits | 9,800 | 9,800 | 9,800 | 9,800 |
| Total other assets | 1,169,794 | 1,186,358 | - | - |
| Total assets | 16,736,600 | 19,114,804 | 9,695,387 | 3,539,331 |
| Accounts payable | 463,647 | 461,306 | 261,113 | 168,693 |
| Accrued expenses | 207,110 | 270,932 | 260,474 | 129,313 |
| Accrued compensation | - | 7,187 | 7,566 | 4,065 |
| Due to related parties | 437,090 | 437,362 | 432,731 | 384,878 |
| Contract liabilities | 28,230 | 18,897 | 73,007 | 45,401 |
| Lease liabilities, current portion | 36,554 | 55,160 | 73,417 | 77,561 |
| Lease liabilities, net of current portion | - | 947 | 1,743 | 16,192 |
| Total current liabilities | 1,172,631 | 1,250,844 | 1,108,308 | 809,911 |
| Note payable | 146,000 | 146,000 | 146,000 | 146,000 |
| Total long-term liabilities | 146,000 | 146,947 | 147,743 | 162,192 |
| Total liabilities | 1,318,631 | 1,397,791 | 1,256,051 | 972,103 |
| Preferred stock, value-Series APreferred Stock | - | - | 0 | 0 |
| Preferred stock, value-Series BPreferred Stock | - | - | 0 | 0 |
| Preferred stock, value-Series CPreferred Stock | - | - | 0 | 0 |
| Common stock 0.0001 par value, 200,000,000 shares authorized, 20,889,586 shares issued and 20,586,317 outstanding at march 31, 2026, and 20,899,270 shares issued and 20,736,816 outstanding at december 31, 2025 | 2,089 | 2,090 | 1,885 | 1,537 |
| Treasury stock at cost, 303,269 and 162,454 shares of common stock at march 31, 2026 and december 31, 2025, respectively | 1,407,113 | 676,034 | - | - |
| Additional paid-in capital | 48,190,008 | 46,964,487 | 33,578,136 | 22,696,018 |
| Accumulated deficit | -31,367,015 | -28,573,530 | -25,140,685 | -20,130,327 |
| Total stockholders equity | 15,417,969 | 17,717,013 | 8,439,336 | 2,567,228 |
| Total liabilities and stockholders equity | 16,736,600 | 19,114,804 | 9,695,387 | 3,539,331 |
Safe Pro Group Inc. (SPAI)
Safe Pro Group Inc. (SPAI)