Company: AGSS
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001829126-25-003800
Chunk: 3

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
 March 31, 2025

    Additional

    Total

    Common Stock

    Paid-In

    Stockholders’

    Stockholders’

    Shares

    Amount

     Capital

    Equity

    Equity

    Balance, December 31, 2024

    94,918,292

    $
    159,846

    $
    7,120,595

    $
    (10,400,571
    )
     
    $
    (3,120,130
    )
  
    Net Income for the three months ending March 31, 2025

    - 

    - 

    (1,439,183
    )

    (1,439,183
    )
  
    Balance, March 31, 2025

    94,918,292

    $
    159,846

    $
    7,120,595

    $
    (11,839,754
    )
     
    $
    (4,559,313
    )

See accompanying notes to financial statements

3

AmeriGuard Security Services, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Three Months Ending

    March 31,

    March 31,

    2025

    2024

    Cash Flows from Operating Activities

    Net Income/(Loss)
     
    $
    (1,439,183
    )
     
    $
    (854,198
    )
  
    Adjustment to reconcile net loss from operations:

    Changes in Operating Assets and Liabilities

    Accounts receivable, net

    108,913

    255,971

    Prepaid insurance

    (165,267
    )

    9,875

    Accounts payable

    (301,598
    )

    58,803

    Deferred revenue

    -

    -

    Accrued interest

    -

    21,300

    Accrued payroll

    447

    (860
    )
  
    Payroll liability - pension

    (202,689
    )

    (139,181
    )
  
    Deferred liability subsidiary

    133,500

    Depreciation

    78,507

    41,082

    Net Cash (Used)/provided in Operating Activities

    (1,787,370
    )

    (607,208
    )

    Cash Flows