Safe Pro Group Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Nov 14, 2025
SPAI$2.93-10.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | ||||
| 2025 · 2024 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $(10,889,934) | $(6,044,239) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization expense | 305,760 | 222,630 | ||
| Stock-based compensation and professional fees | 6,048,410 | 2,948,000 | ||
| Amortization of debt discount | - | 208,006 | ||
| Impairment of goodwill | 684,867 | - | ||
| Impairment of other intangibles | 146,001 | - | ||
| Change in operating assets and liabilities: | ||||
| Accounts receivable | 83,292 | (58,141) | ||
| Inventory | (151,486) | (16,115) | ||
| Prepaid expenses and other assets | 22,323 | (370,124) | ||
| Accounts payable | 141,301 | 64,661 | ||
| Accrued expenses | 170,210 | 161,652 | ||
| Contract liabilities | (10,761) | (14,382) | ||
| Lease liabilities | 122 | (9,110) | ||
| Accrued compensation | (99,702) | (157,945) | ||
| NET CASH USED IN OPERATING ACTIVITIES | (3,549,597) | (3,065,107) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||
| Purchases of property and equipment | (26,035) | (53,801) | ||
| Investment in internal-use software | (207,545) | (172,596) | ||
| NET CASH USED IN INVESTING ACTIVITIES | (233,580) | (226,397) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||
| Proceeds from convertible notes payable | - | 275,002 | ||
| Proceeds from notes payable | - | 236,500 | ||
| Proceeds from sale of common stock and warrants | - | (236,500) | ||
| Proceeds from sale of common stock in offering | 6,767,500 | 4,179,500 | ||
| Proceeds from sale of Preferred Series C shares and warrants | 1,050,000 | 489,003 | ||
| Proceeds from warrant exercises | 1,511,570 | - | ||
| Proceeds from option exercise | 12,750 | - | ||
| Proceeds from related party advances | 129,051 | - | ||
| Repayments of due to related party | (61,404) | (20,654) | ||
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 9,409,467 | 4,922,851 | ||
| NET INCREASE IN CASH | 5,626,290 | 1,631,347 | ||
| CASH, beginning of period | 1,970,719 | 703,368 | ||
| CASH, end of period | $7,597,009 | $2,334,715 | ||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||
| Cash paid for: | ||||
| Interest | $8,190 | $97,804 | ||
| Income taxes | $ | - | $ | - |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||
| Contributed services | $64,615 | $ | - | |
| Issuance of common shares and equity for convertible debt | $ | - | $750,002 | |
| Issuance of common shares for accrued interest payable | $ | - | $58,530 | |
| Increase in additional paid in capital for conversion of preferred shares to common shares | $ | - | $347 | |
| Increase in debt discount and additional paid-in capital | $ | - | $76,802 | |
See accompanying notes to the unaudited condensed consolidated financial statements.
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