Safe Pro Group Inc.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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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.
Mar 31, 2025 · Filed May 15, 2025
SPAI$2.93-10.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN OF STOCKHOLDERS’ EQUITY
For the Three Months Ended March 31, 2024
| Series A Preferred Stock · Series B Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Shareholders’ | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| # of Shares | Amount | # of Shares | Amount | # of Shares | Amount | Capital | Deficit | Equity | |
| Balance, December 31, 2023 | 3,000,000 | $300 | 3,275,000 | $328 | 8,734,770 | $873 | $8,597,147 | $(6,822,290) | $1,776,358 |
| Common shares issued for professional services rendered | - | - | - | - | 50,000 | 5 | 97,995 | - | 98,000 |
| Relative fair value of warrants issued with convertible debt | - | - | - | - | - | - | 76,802 | - | 76,802 |
| Net loss | - | - | - | - | - | - | - | (1,143,860) | (1,143,860) |
| Balance, March 31, 2024 | 3,000,000 | $300 | 3,275,000 | $328 | 8,784,770 | $878 | $8,771,944 | $(7,966,150) | $807,300 |
For the Three Months Ended March 31, 2025
| # of Shares · Amount · # of Shares · Amount · # of Shares · Amount · Paid-in Capital · Accumulated Deficit · Shareholders’ Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, December 31, 2024 | - | $ | - | - | $ | - | 14,534,685 | $1,453 | $18,123,723 | $(14,250,751) | $3,874,425 |
| Stock based compensation in relation to restricted stock awards | - | - | - | - | 637,500 | 64 | 2,435,561 | - | 2,435,625 | ||
| Fair value of options and warrants | 233,712 | - | 233,712 | ||||||||
| Contributed capital | 64,615 | - | 64,615 | ||||||||
| Net loss | - | - | - | - | - | - | - | (3,965,017) | (3,965,017) | ||
| Balance, March 31, 2025 | - | $ | - | - | $ | - | 15,172,185 | $1,517 | 20,857,611 | $(18,215,768) | $2,643,360 |
See accompanying unaudited notes to the 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.