Here are the 10-K annual reports from DarkPulse, Inc. (DPLSD) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow DPLSD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DPLSD filings page.
DarkPulse, Inc. filed Amendment No. 1 to its annual report for the year ended December 31, 2025 to correct figures in the auditor’s going concern paragraph while leaving the underlying audited financial statements unchanged.
For 2025, DarkPulse generated $308,492 of revenue and recorded a net loss of $2,925,582, widening its accumulated deficit to $74,226,493. Total assets were $1,367,930 against total liabilities of $20,888,088, resulting in a stockholders’ deficit of $19,520,158. Current liabilities exceeded current assets by $19,721,196, and year-end cash was $62,786.
The auditor’s report emphasizes substantial doubt about DarkPulse’s ability to continue as a going concern, citing recurring losses, a large working capital deficit, and reliance on raising additional capital through equity or debt. The company also carries a $316,099 derivative liability related to convertible promissory notes and a secured debenture of $614,756 tied to its core patent portfolio. Despite modest revenue growth and some debt extinguishment gains, operations remain heavily loss-making and dependent on external financing.
DarkPulse, Inc. files its annual report describing a high-risk turnaround story built around patented BOTDA fiber-optic sensing and security solutions plus drone subsidiary TerraData Unmanned. The company effected a 1-for-200 reverse stock split effective October 8, 2025 and has not yet sold any BOTDA units, having built only two demonstration systems.
The report discloses substantial doubt about its ability to continue as a going concern, reliance on external financing, and material weaknesses in internal control. DarkPulse impaired about $19.4 million owed by former subsidiary Optilan (UK) Limited, now in liquidation, and recognized prior losses of about $3.3 million from a terminated SPAC sponsorship. It plans to place a first volume manufacturing order with contract manufacturer Sanmina Corp in Q2 2026, contingent on working capital and final engineering, but there is no assurance this will occur.