Safe Pro Group Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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.
Jun 30, 2026 · Filed Aug 14, 2026
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 Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | ||||
| 2026 · 2025 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $(5,962,347) | $(5,879,576) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization expense | 167,768 | 213,309 | ||
| Stock-based compensation and professional fees | 2,546,226 | 3,457,764 | ||
| Change in operating assets and liabilities: | ||||
| Accounts receivable | (1,150,262) | 85,127 | ||
| Inventory | (142,428) | 35,773 | ||
| Prepaid expenses and other assets | 280,138 | 132,269 | ||
| Accounts payable | 68,658 | 48,881 | ||
| Accrued expenses | (48,178) | 71,357 | ||
| Contract liabilities | 184,872 | (38,367) | ||
| Lease liability | (221) | (67) | ||
| Accrued compensation | - | (111,279) | ||
| NET CASH USED IN OPERATING ACTIVITIES | (4,055,774) | (1,984,809) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||
| Purchases of property and equipment | (108,336) | (21,034) | ||
| Investment in internal-use software | (63,500) | (204,843) | ||
| NET CASH USED IN INVESTING ACTIVITIES | (171,836) | (225,877) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||
| Purchases of treasury stock in connection with Repurchase Program | (2,330,134) | - | ||
| Proceeds from sale of Preferred Series C shares and warrants | - | 1,050,000 | ||
| Proceeds from related party advances | 9,560 | 75,651 | ||
| Repayment of due to related party | (14,390) | (80,088) | ||
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | (2,334,964) | 1,045,563 | ||
| NET DECREASE IN CASH | (6,562,574) | (1,165,123) | ||
| CASH, beginning of period | 16,793,088 | 1,970,719 | ||
| CASH, end of period | $10,230,514 | $805,596 | ||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||
| Cash paid for: | ||||
| Interest | $4,272 | $4,937 | ||
| Income taxes | $ | - | $ | - |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||
| Contributed services | $ | - | $64,615 | |
| Related party waiver of accrued compensation | $ | - | $32,308 | |
See accompanying notes to the unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.