Company: AGSS
Filing Date: 2025-05-08
Form Type: 10-K/A
Source: 0001829126-25-003478
Chunk: 36

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-08
Form: 10-K/A
Chunk 36
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 | ) |
| Cash at Beginning of Period                               |     |                       | 1,227,654 |   |     |                       | 2,129,801 |   |
| Cash at End of Period                                     |     | $                     | 2,166,118 |   |     | $                     | 1,227,654 |   |
| Supplemental Cash Flow Information:                       |     |                       |           |   |     |                       |           |   |
| Income Taxes Paid                                         |     | $                     |      (742 | ) |     | $                     |    10,350 |   |
| Interest Paid                                             |     | $                     |   277,205 |   |     | $                     |   105,826 |   |
| Supplemental disclosure of non-cash financing activities: |     |                       |           |   |     |                       |           |   |
| Shareholder Loan                                          |     | $                     | 2,697,960 |   |     | $                     | 3,384,950 |   |
| Operating leases - right of use asset                     |     | $                     |   977,600 |   |     | $                     |   241,786 |   |
| Operating leases - lease liability                        |     | $                     |   977,599 |   |     | $                     |   241,786 |   |

<div align='center'>See accompanying notes to financial statements

F-7</div>

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS

AmeriGuard Security Services, Inc. (AGS), was incorporated on November 14, 2002, with an S-Corp tax election. The corporation was incorporated with the issuance of 1,000 shares of no-par value stock held by Lawrence Garcia, President and CEO with 550 shares and Lillian Flores, VP of Operations with 450 shares. AGS provides armed guard services as a federal contractor with licenses in 5 states and provides commercial guard services in California.

On July 7, 2021, AGS, entered into an agreement to gain 100% control of Health Revenue Assurance Holdings, Inc (HRAA) a public corporation, incorporated in Nevada, by the purchase of 10,000,000 shares of Preferred A-1 Stock from the seller, Custodian Ventures LLC. The purchase of HRAA allowed the Company to begin plans to consummate a reverse merger with HRAA, becoming