Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 737

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 12
Chunk 737
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,727

    Cost of Services

    Salaries and related taxes

    16,695,048

    14,531,795

    Employee benefits

    3,386,874

    2,881,774

    Sub-Contractor payments

    848,247

    1,331,446

    Training and direct expenses

    130,347

    85,861

    Vehicles and equipment expenses

    2,376,139

    333,464

    Total Cost of Services

    23,436,656

    19,164,340

    Gross Margin

    2,998,955

    1,805,387

    Operating Expenses

    Salaries, payroll taxes and benefits

    1,365,121

    1,604,520

    Vehicle expense

    453,517

    384,013

    Professional services

    992,521

    463,524

    Communication services

    187,248

    130,538

    General liability insurance

    199,643

    160,431

    Advertising and marketing

    265,321

    144,391

    Staff training

    191,823

    183,704

    Livescan services fees

    88,643

    125,815

    Licenses and permits

    161,473

    104,381

    General and administrative expenses

    763,387

    605,686

    Loan interest

    1,495,789

    277,205

    Depreciation expense

    238,070

    49,861

    Total Operating Expenses

    6,402,556

    4,234,069

    Net Income/(Loss) from Operations

    (3,403,601
    )

    (2,428,682
    )

    Other Income (Expenses)

    Other Income

    52,366

    3,336,670

    Gain on Deferred Liability Subsidiary

    1,018,500

    -

    Other (Expense) Operational

    -

    (775,115
    )
  
    Loss on Deferred Liability Subsidiary

    (30,000
    )
  
    Total Other Income/(Expense)

    1,