AgEagle Aerial Systems Inc.

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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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.

FY2025 · Filed Mar 31, 2026

UAVS$0.37+16.0%Stored close · as of Nov 9, 2026

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Contents

PART I			3
ITEM 1.	BUSINESS		4
ITEM 1A.	RISK FACTORS		17
ITEM 1B.	UNRESOLVED STAFF COMMENTS		31
ITEM 1C.	CYBER-SECURITY		31
ITEM 2.	PROPERTIES		33
ITEM 3.	LEGAL PROCEEDINGS		34
ITEM 4.	MINE SAFETY DISCLOSURES		34
PART II			34
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES		34
ITEM 6.	[RESERVED]		36
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		36
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		46
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA		46
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE		46
ITEM 9A.	CONTROLS AND PROCEDURES		47
ITEM 9B.	OTHER INFORMATION		48
ITEM 9C.	DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS		48
PART III			48
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE		48
ITEM 11.	EXECUTIVE COMPENSATION		48
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS		48
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE		48
ITEM 14.	PRINCIPAL ACCOUNTANT FEES AND SERVICES		48
PART IV			49
ITEM 15.	EXHIBITS, FINANCIAL STATEMENTS, SCHEDULES		49
INDEX TO FINANCIAL STATEMENTS		F-1

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.

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