Safe & Green Development Corp
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 1, 2024
RENX$1.06+14.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
PART I. FINANCIAL INFORMATION
**ITEM 1. Financial Statements
Safe and Green Development Corporation
Consolidated Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash | $3,236 | $720 |
| Prepaid assets and other current assets | 231,989 | 25,040 |
| Current Assets | 235,225 | 25,760 |
| Assets held for sale | 4,400,361 | 4,396,826 |
| Land | 1,190,655 | 1,190,655 |
| Property and equipment, net | 3,569 | - |
| Project development costs and other non-current assets | 65,339 | 55,732 |
| Equity-based investments | 3,642,607 | 3,599,945 |
| Intangible assets | 22,210 | |
| Total Assets | $9,559,966 | $9,268,918 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $601,292 | $255,278 |
| Due to affiliates | 260,000 | 4,200,000 |
| Short term notes payable, net | 6,810,897 | 2,648,300 |
| Total current liabilities | 7,672,189 | 7,103,578 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 issued and outstanding | - | - |
| Common stock, $0.001 par value, 50,000,000 shares authorized, 10,000,000 issued and outstanding as of December 31, 2023 and 1,000 shares authorized, issued and outstanding as of December 31, 2022 | 10,200 | 1 |
| Additional paid-in capital | 9,008,124 | 5,095,345 |
| Accumulated deficit | (7,130,547) | (2,930,006) |
| Total stockholders’ equity | 1,887,777 | 2,165,340 |
| Total Liabilities and Stockholders’ Equity | $9,559,966 | $9,268,918 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.