Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 471

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 7A
Chunk 471
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 )

See accompanying notes to financial statements

F-5

AmeriGuard Security Services, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ending

    December 31,

    December 31,
2024

    2023
(restated)

    Cash Flows from Operating Activities

    Net Income/(Loss)
     
    $
    (2,336,297
    )
     
    $
    103,615

    Adjustment to reconcile net loss from operations:

    Changes in Operating Assets and Liabilities

    Accounts receivable, net

    (752,333
    )

    501,206

    Prepaid insurance

    (87,140
    )

    (132,948
    )
  
    Deposits

    (45,914
    )

    (28,575
    )
  
    Accounts payable

    1,151,832

    (445,405
    )
  
    Accrued Interest

    -

    (49,035
    )
  
    Accrued Payroll

    103,417

    (110,449
    )
  
    Deferred Revenue

    (65,000
    )

    (30,000
    )
  
    Payroll  liabilities

    200,327

    24,017

    Depreciation

    238,070

    49,861

    (Gain)/Loss on Deferred Liability - Subsidiary

    (1,018,500
    )

    30,000

    Operating Lease Liability

    (2,284,005
    )

    735,812

    Operating Lease Asset

    2,284,005

    (735,814
    )
  
    Net Cash (Used)/provided in Operating Activities

    (2,611,537
    )

    (87,715
    )

    Cash Flows (Used)/Provided from Investing Activities

    Purchase of Fixed Assets, Net Retirements

    (839,504
    )

    (45,702
    )
  
    Building improvements

    -

    (505
    )
  
    Net
    Cash Used by Investing Activities

    (839,504
    )

    (46,207
    )

    Cash (Used)/Provided from Financing Activities

    Note Receivable

    49,252

    307,493

    Financed Capital