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SafeSpace Global Corporation reported a larger quarterly loss as it continues to build out its AI safety platform. For the three months ended October 31, 2025, the company generated no revenue and recorded a net loss of $1,620,037, or $0.01 per share, compared with a loss of $684,138 a year earlier.
Total operating expenses rose 152% year over year to $1,687,066, driven by higher officer compensation, new salaries, professional fees, marketing and travel, plus $554,994 of stock-based compensation. Intangible assets increased to $732,876 as the company invested in internally developed software and patents.
Despite higher spending and negative operating cash flow of $1,188,899, SafeSpace Global ended the quarter with $5,968,757 in cash and cash equivalents and working capital of $5,766,973, with no debt outstanding. Management highlights renewed and new partnerships in senior living as it seeks to commercialize its multimodal AI safety solutions. Management also concluded that disclosure controls and procedures were not effective due to continuing material weaknesses in internal control over financial reporting.
SafeSpace Global Corporation reported a leadership change, as Chief Revenue Officer Theo Davies resigned from his role effective December 4, 2025. The notice was given to the company on the same date and the resignation was effective immediately, meaning he is no longer serving in the top revenue leadership position. The filing does not describe any transition plan, successor, or changes to his other responsibilities, focusing solely on his departure from the Chief Revenue Officer role.
SafeSpace Global Corporation filed its annual report, outlining a pivot to multimodal AI safety solutions and a 2025 rebranding to the ticker SSGC. The company reported no contract revenue for the year ended
To fund operations, SafeSpace raised
As context, non‑affiliate market value was approximately
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