Company: AGSS
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001829126-25-003800
Chunk: 4

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
 (Used)/Provided from Investing Activities

    Purchase of fixed assets, net retirements

    (17,036
    )

    (263,534
    )
  
    Building improvements

    -

    -

    Net
    Cash Used by Investing Activities

    (17,036
    )

    (263,534
    )

    Cash (Used)/Provided from Financing Activities

    Note receivable

    96,004

    2,261

    Financed Capital

    4,761,531

    622,454

    Loan
    principle payments

    (3,189,516
    )

    (419,368
    )
  
    Payment for shareholder buyout

    (17,718
    )

    (44,745
    )
  
    Net Cash Provided by Financing Activities

    1,650,302

    160,603

    Net Increase (Decrease) in Cash

    (154,104
    )

    (710,139
    )
  
    Cash at Beginning of Period

    424,588

    2,166,118

    Cash at End of Period
     
    $
    270,484

    $
    1,455,979

    Supplemental Cash Flow Information:

    Income taxes paid
     
    $
    -

    $
    -

    Interest paid
     
    $
    238,812

    $
    410,875

    Supplemental disclosure of non-cash financing activities:

    Shareholder loan
     
    $
    2,697,960

    $
    2,697,960

    Operating leases - right of use asset
     
    $
    3,060,681

    $
    1,005,633

    Operating leases - lease liability
     
    $
    2,145,274

    $
    1,060,015

See accompanying notes to financial statements

4

AmeriGuard Security Services, Inc.

Notes to Condensed Consolidated
Financial Statements

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