For the quarter ending 2026-03-31, SPAI had -$1,991,028 decrease in cash & cash equivalents over the period. -$1,226,177 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Lease liabilities | - | -111 | 189 | -67 |
| Accrued compensation | - | 48,083 | 11,577 | -111,279 |
| Impairment of other intangibles | - | 0 | 146,001 | - |
| Impairment of goodwill | - | 0 | 684,867 | - |
| Net loss | -2,793,485 | -3,432,845 | -5,010,358 | -5,879,576 |
| Relative fair value of options granted | - | 0 | - | - |
| Lease costs | - | 0 | - | - |
| Amortization of debt discount | - | 0 | - | 0 |
| Depreciation and amortization expense | 78,822 | 75,570 | 92,451 | 213,309 |
| Stock-based compensation and professional fees | 1,225,520 | 858,695 | 2,590,645 | 3,457,765 |
| Accounts receivable | -38,305 | 59,634 | 1,835 | -85,127 |
| Inventory | -161,209 | 121,477 | 187,259 | -35,773 |
| Prepaid expenses and other assets | -171,098 | 128,966 | 109,945 | -132,268 |
| Accounts payable | 2,341 | 137,568 | 92,420 | 48,881 |
| Accrued expenses | -71,009 | 10,458 | 66,545 | 103,665 |
| Contract liabilities | 9,333 | -54,110 | 27,606 | -38,367 |
| Lease liability | -111 | - | - | - |
| Net cash used in operating activities | -1,177,977 | -2,666,769 | -1,597,096 | -1,952,501 |
| Purchases of property and equipment | 48,200 | 22,773 | 5,001 | 21,034 |
| Investment in internal-use software | 33,500 | -15,000 | 2,702 | 204,843 |
| Net cash used in investing activities | -81,700 | -7,773 | -7,703 | -225,877 |
| Proceeds from convertible notes payable | - | 0 | - | 0 |
| Proceeds from notes payable | - | 0 | - | 0 |
| Payments on notes payable | - | 0 | - | - |
| Proceeds from sale of common stock and warrants | - | 6,767,500 | - | 0 |
| Proceeds from sale of common stock in offering | - | 6,177,500 | 6,767,500 | - |
| Proceeds from issuance of series c preferred stock and warrants | - | 0 | 0 | 1,050,000 |
| Purchase of treasury stock in connection with stock repurchase program | - | 613,409 | - | - |
| Proceeds from warrant exercise | - | 0 | 1,511,570 | - |
| Proceeds from option exercise | - | 0 | 12,750 | - |
| Payments for employee tax withholdings on net share settlement | - | 465,601 | - | - |
| Purchases of treasury stock in connection with stock purchase program | 731,079 | - | - | - |
| Proceeds from related party advances | 5,934 | 12,815 | 53,400 | 75,651 |
| Repayment of due to related party | 6,206 | 8,184 | -18,684 | 80,088 |
| Net increase in cash | - | 9,196,079 | - | - |
| Net cash (used in) provided by financing activities | -731,351 | 11,870,621 | 8,363,904 | 1,045,563 |
| Net decrease in cash | -1,991,028 | 9,196,079 | 6,759,105 | -1,132,815 |
| Cash, beginning of period | 16,793,088 | 7,597,009 | 1,970,719 | - |
| Cash, end of period | 14,802,060 | 16,793,088 | 7,597,009 | - |
Safe Pro Group Inc. (SPAI)
Safe Pro Group Inc. (SPAI)