Every 10-Q that Safe Pro Group Inc. (SPAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SPAI 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 SPAI filings page.
Safe Pro Group Inc. reported sharply higher revenue but continued losses for the quarter and six months ended June 30, 2026. Total revenue rose to $1,332,074 for the quarter and $2,552,203 for the first half of 2026, compared with $92,753 and $277,555 in the prior-year periods, driven primarily by government-contractor work in the Safe Pro AI segment and increased product sales.
The company recorded a quarterly net loss of $3,168,862 and a six‑month net loss of $5,962,347, similar to the prior year despite much higher revenue, as operating expenses reached $7,872,201 for the first half. Stock-based compensation and professional fees were significant, totaling $2,546,226 for the six months. Cash used in operating activities was $4,055,774, and cash used for share repurchases was $2,330,134, reducing cash from $16,793,088 at December 31, 2025 to $10,230,514 at June 30, 2026.
Total assets were $13,529,445 and stockholders’ equity was $11,970,758, with working capital of $10,965,737. Management cites prior private placements totaling $22,000,000 in 2025 and states it believes existing cash is sufficient to meet obligations for at least twelve months from the reporting date, while noting ongoing net losses and a high reliance on a small number of major customers.
Safe Pro Group Inc. reported sharply higher revenue but continued losses for the three months ended March 31, 2026. Total revenue rose to $1.22 million, up from $184,802 a year earlier, driven mainly by product sales of ballistic protection and AI-enabled solutions, which reached $1.15 million.
Gross profit increased to $830,429 from $61,566, while operating expenses of $3.75 million kept the company in an operating loss of $2.92 million. Net loss narrowed to $2.79 million compared with $3.97 million in the prior-year quarter, with basic and diluted loss per share improving to $(0.14) from $(0.27).
Cash stood at $14.8 million and working capital at $14.4 million as of March 31, 2026, supported by $22.0 million of equity financings completed in 2025. The company used $1.18 million of cash in operations and $731,079 to repurchase 140,815 shares, while also relying heavily on a single customer for 82.0% of quarterly sales.
Safe Pro Group Inc. (SPAI) reported Q3 2025 results showing lower revenue and a wider loss, alongside meaningful new capital raises. Revenue was $101,422 versus $330,756 a year ago, with nine‑month revenue at $378,977 versus $1,281,399. Q3 net loss was $5,010,358, compared to $3,685,456 last year, driven by higher operating expenses and non‑cash charges.
The company recorded a goodwill impairment of $684,867 and an intangible asset impairment of $146,001 following an interim review tied to performance and stock price. Cash rose to $7,597,009 from $1,970,719 at year‑end, and total assets reached $9,695,387 against liabilities of $1,256,051.
To strengthen liquidity, SPAI completed several financings: an August private placement of 2,000,000 shares with three‑year warrants for gross proceeds of approximately $8.0 million; an October sale of 2,000,000 shares at $7.00 per share for gross proceeds of approximately $14.0 million; and a May issuance of Series C preferred for $1.05 million with associated warrants, subsequently converted into common shares. Management states the aggregate $22.0 million from August and October mitigates prior going concern conditions and supports at least twelve months of operations.