DarkPulse, Inc. (DPLS) SEC Filings

DarkPulse, Inc. (DPLS) changed its independent registered public accounting firm. Effective September 11, 2026, the company dismissed Boladale Lawal & Co. and, on the same date, engaged M&K CPAS, PLLC to serve as its new independent auditor, a decision ratified by the board on September 14, 2026.

Boladale Lawal & Co.’s audit reports on DarkPulse’s consolidated financial statements for the years ended December 31, 2024 and 2025 contained explanatory paragraphs expressing substantial doubt about DarkPulse’s ability to continue as a going concern, but no adverse or disclaimed opinions and no qualifications on scope or principles. DarkPulse states there were no disagreements or other reportable events with the former auditor, and that it did not previously consult M&K on accounting or auditing matters before the engagement.

DarkPulse, Inc. (DPLS) entered into an Exclusive Patent License Agreement with the U.S. Government, represented by the Department of the Air Force, covering six issued U.S. patents related to satellite power sharing, satellite communications and laser-generation technologies. The agreement grants DarkPulse an exclusive license in the United States, in all fields of use, while the U.S. Government retains irrevocable, royalty-free rights for governmental purposes and can require sublicenses to meet public-use needs.

DarkPulse must use its best efforts to develop and commercialize products under a development plan, including rolling out a product within 30 months, submitting annual progress reports, and substantially manufacturing any royalty-based product in the United States. Sublicensing and assignment generally require Air Force approval, and the agreement can be terminated by the Air Force for nonpayment, failure to execute the development plan, substantial breach, willful misstatements, or specified insolvency events, and by DarkPulse on one month’s notice. The company highlighted risks that it may not meet development milestones, financial obligations, or achieve market acceptance for products based on the licensed technology.

DarkPulse, Inc. (DPLS) reports that Chief Executive Officer Dennis O’Leary hosted a live session on X (formerly Twitter) on September 3, 2026, providing general business discussion and updates. The company is making this X live available by link and treating it as information furnished under a current report.

The company states that the X live is summary information meant to be read together with its existing SEC filings and public announcements. The information is expressly characterized as furnished, not filed, is not deemed an admission of materiality, is not subject to certain Securities Act and Exchange Act liabilities, and is not incorporated by reference into other SEC filings.

DarkPulse, Inc. (DPLS) reported taking short-term financing and making a bid for a significant asset acquisition. In early August 2026, the company received advances totaling approximately $2.78 million from five unaffiliated lenders, later documented as unsecured promissory notes dated August 8, 2026. The notes bear 8% annual interest and mature no later than October 1, 2026, with principal and interest payable whether or not any acquisition occurs.

The funds were used mainly for an approximately $2.77 million bid deposit in receivership proceedings for Aero Precision, LLC and Ballistic Advantage, LLC. DarkPulse submitted a proposed asset purchase agreement for a cash purchase price of about $35.0 million, subject to assumed liabilities and adjustments, and obtained a financing commitment from N Advance LLC for up to $40.0 million, contingent on being selected as the successful bidder and signing definitive documents. The receiver has not executed the proposed purchase agreement, and there is no definitive acquisition agreement; completion of any transaction remains uncertain and subject to court approval, auction procedures, financing and closing conditions.

DarkPulse, Inc. (DPLS) reported very small operations and a highly leveraged balance sheet for the quarter ended June 30, 2026. Total assets were only $1.4 million against total liabilities of $21.0 million, resulting in a stockholders’ deficit of $19.6 million. Current liabilities exceeded current assets by $20.0 million, and cash was $83,182. The company disclosed that these conditions and its funding needs raise substantial doubt about its ability to continue as a going concern.

Revenue remains modest and is shrinking. For the six months ended June 30, 2026, revenue was $36,351, down sharply from $191,931 a year earlier, with a six‑month net loss of $1.15 million. Operating cash flow moved from $494,513 provided in the prior‑year period to $788,416 used. To fund operations, DarkPulse continues issuing equity and convertible notes, including multiple small draws under a $30 million equity financing agreement with GHS during 2026. As of August 19, 2026, common shares outstanding had risen to 226,544,189, reflecting significant dilution. The company also notes several legal matters, including court awards in its favor against prior noteholders, although these judgments remain unpaid.

DarkPulse, Inc. notified regulators that its Form 10-Q for the period ended June 30, 2026 will be filed late. The company states it has been unable to complete the review process with its auditor, which prevented filing within the prescribed time period.

DarkPulse, Inc. filed a current report describing a live audio session hosted on X (formerly Twitter) by Chief Executive Officer Dennis O’Leary on July 1, 2026. The session covered general business discussion and updates and is available via the company’s @darkpulsetech profile.

The company emphasizes that the information shared in the X live event is furnished under a Regulation FD disclosure item and is not deemed filed for liability purposes under federal securities laws. It is intended to be read together with DarkPulse’s other SEC filings and public announcements, and the company states it has no obligation to update the information.

DarkPulse, Inc. files a prospectus to register up to 68,000,000 shares of Common Stock for resale by GHS Investments LLC under a Third Amended Equity Financing Agreement (the "EFA").

The prospectus states the Company will not receive proceeds from resale by the Selling Security Holder; proceeds to the Company arise only from shares purchased under the EFA. The registration is conditioned by the EFA terms, including a 4.99% beneficial ownership limitation and price mechanics based on VWAP and a 92% pricing factor with 115% issuance per Put.