Company: AGSS
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001829126-25-003800
Chunk: 0

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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AmeriGuard Security Services, Inc.

CONSOLIDATED BALANCE SHEETS

    March 31,

    December 31,

    2025

    2024

    Assets

    Current Assets

    Cash
     
    $
    270,484

    $
    424,588

    Accounts Receivable, net

    2,226,800

    2,335,712

    Current Portion Note Receivable (note 3)

    12,289

    12,289

    Prepaid Expenses

    562,554

    414,288

    Deposits

    124,489

    107,489

    Related Party Receivable (note 4)

    -

    -

    Total Current Assets

    3,196,616

    3,294,366

    Other Non-Current Assets

    Fixed Assets, net depreciation (note 5)

    1,114,076

    1,175,547

    Note Receivable (note 3)

    192,455

    288,459

    Operating
    Lease (note 6)

    3,060,681

    3,261,415

    Goodwill (note 7)

    1,795,406

    1,795,406

    Total Non-Current Assets

    6,162,619

    6,520,827

    Total Assets
     
    $
    9,359,235

    $
    9,815,194

    Liabilities

    Current Liabilities

    Accounts Payable
     
    $
    1,299,694

    $
    1,601,752

    Accrued Payroll

    726,137

    730,110

    Deferred Revenue (note 8)

    657,327

    657,327

    Payroll Liability - Pension (note 9)

    510,311

    708,120

    Deferred Liability Subsidiary (note 7)

    255,000

    121,500

    Current Portion Operating Lease (note 6)

    915,408

    924,808

    Current portion of notes payable (note 10)

    4,968,352

    2,854,977

    Total Current Liabilities