Company: AGSS
Filing Date: 2025-05-08
Form Type: 10-K/A
Source: 0001829126-25-003478
Chunk: 33

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-08
Form: 10-K/A
Chunk 33
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ivity in evaluating the audit evidence obtained.

Our audit
procedures to address this critical audit matter included, among others:

| ● | Assess                                                                                                                         
 the methodologies and significant assumptions used by management in estimating the fair value of the reporting unit, including 
 the application of the discounted cash flow (DCF) model.                                                                       |

| ● | Test                                                                                  
 the completeness and accuracy of the underlying data used in the impairment analysis. |

| ● | Evaluate                                                                                                                     
 the qualifications and objectivity of the valuation specialists engaged by management and the appropriateness of key inputs, 
 such as the discount rate and long-term growth projections.                                                                  |

| ● | Perform                                                                                                                       
 sensitivity analyses to assess how changes in significant assumptions could affect the estimated fair value and the potential 
 for impairment                                                                                                                |

/s/ Bush & Associates CPA LLC

We have
served as the Company’s auditor since 2024.

Henderson, Nevada

May 8,
2025

PCAOB ID
Number 6797

<div align='center'>F-3

AmeriGuard Security Services, Inc.

CONSOLIDATED BALANCE SHEETS</div>

| Assets                                                                                                          
 Current Assets                                                                                                  |     | Restated December 31, 
 2023                  |            |   |     | Restated December 31, 
 2022                  |            |   |
|:----------------------------------------------------------------------------------------------------------------|:----|:----------------------|-----------:|:--|:----|:----------------------|-----------:|:--|
| Cash                                                                                                            |     | $                     |  2,166,118 |   |     | $                     |  1,227,654 |   |
| Accounts Receivable, Net (note 3)                                                                               |     |                       |  1,583,379 |   |     |                       |  1,869,268 |   |
| Current Portion Related Party Note Receivable (note 4)                                                          |     |                       |      9,300 |   |     |                       |          - |   |
| Prepaid Expenses                                                                                                |     |                       |    327,147 |   |     |                       |    110,829 |   |
| Deposits                                                                                                        |     |                       |     61,575 |   |     |                       |          - |   |
| Related Party Receivable (note 5)                                                                               |     |                       |          - |   |     |                       |          - |   |
| Total