Swarmer, Inc
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
SWMR$8.97+26.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| June 30,2026 | December 31,2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $25,289,260 | $9,283,566 |
| Accounts receivable | 95,580 | — |
| Receivable from sale of common stock | 4,625,269 | — |
| UAV deployment program advance payment | 1,845,000 | — |
| Prepaid expenses and other current assets | 1,137,379 | 115,473 |
| Total current assets | 32,992,488 | 9,399,039 |
| Property and equipment, net | 470,586 | 227,908 |
| Operating lease right-of-use asset | 99,610 | 131,184 |
| Intangible assets | 97,668 | — |
| Deferred offering costs | — | 471,719 |
| Other assets | 275,333 | 106,830 |
| Total assets | $33,935,685 | $10,336,680 |
| Liabilities, convertible preferred stock and shareholders' equity (deficit) | ||
| Current liabilities: | ||
| Accounts payable | $204,803 | $223,236 |
| Accrued expenses and other current liabilities | 1,329,493 | 680,782 |
| Grant advance | 178,381 | 189,200 |
| Deferred revenue | 107,121 | 23,272 |
| Operating lease liability - current | 73,453 | 70,703 |
| Advances received under combined arrangement | 793,092 | — |
| Total current liabilities | 2,686,343 | 1,187,193 |
| Operating lease liability - non-current | 38,757 | 76,273 |
| Total liabilities | 2,725,100 | 1,263,466 |
| Convertible preferred stock, par value $0.00001 per share: | ||
| Series A preferred stock: no shares authorized, issued or outstanding as of June 30, 2026; 4,358,597 shares authorized and 3,661,083 shares issued and outstanding as of December 31, 2025 | — | 19,013,673 |
| Commitments and contingencies (Note 10) | ||
| Shareholders' equity (deficit) | ||
| Preferred stock, $0.00001 par value; 10,000,000 shares authorized and no shares issued and outstanding as of June 30, 2026; no shares authorized, issued or outstanding as of December 31, 2025 | — | — |
| Common stock, $0.00001 par value; 200,000,000 and 25,000,000 shares authorized as of June 30, 2026 and December 31, 2025, respectively; 11,608,117 and 1,410,975 shares issued as of June 30, 2026 and December 31, 2025, respectively; and 11,284,769 and 911,255 shares outstanding as of June 30, 2026 and December 31, 2025, respectively | 113 | 10 |
| Additional paid-in capital | 53,397,926 | 663,514 |
| Accumulated other comprehensive income (loss) | 195,502 | (4,900) |
| Accumulated deficit | (22,382,956) | (10,599,083) |
| Total shareholders' equity (deficit) | 31,210,585 | (9,940,459) |
| Total liabilities, convertible preferred stock and shareholders' equity (deficit) | $33,935,685 | $10,336,680 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.