Company: AGSS
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001829126-25-003800
Chunk: 1

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
    9,332,229

    7,598,594

    Long Term Liabilities

    Long
    Term Portion of Notes Payable (note 10)

    2,441,046

    3,000,123

    Long
    Term Portion Operating Lease (note 6)

    2,145,274

    2,336,607

    Total Liabilities

    13,918,548

    12,935,324

    Stockholders’ equity

    Common
    Stock, $.001 par value, 94,917,302 shares issued and outstanding at December 31, 2023 and 2022 (Note 11)

    159,846

    159,846

    Retained Earnings/(Deficit)

    (4,719,159
    )

    (3,279,976
    )
  
    Total Stockholders’ Equity

    (4,559,313
    )

    (3,120,130
    )
  
    Total Liabilities and Stockholders’ Equity
     
    $
    9,359,235

    $
    9,815,194

See accompanying notes to financial statements

1

AmeriGuard Security Services, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Months Ending

    March 31,

    March 31,

    2025

    2024

    Revenue

    Services
     
    $
    7,132,863

    $
    5,861,638

    Discounts and allowances

    (2,545
    )

    (4,169
    )
  
    Other operational income

    47,792

    33,687

    Total Revenue

    7,178,110

    5,891,155

    Cost of Services

    Salaries and related taxes

    4,433,208

    3,935,031

    Employee benefits

    794,739

    740,493

    Sub-Contractor payments

    526,819

    -

    Training and direct expenses

    33,388

    34,205

    Vehicles and equipment expenses

    788,577

    413,673

    Total Cost of Services

    6,576,731

    5,123,402

    Gross Margin