10-Q
Quarterly Report
AgEagle Aerial Systems Inc.
UAVS
NYSEAMER
CIK: 8504
File #: 001-36492
Balance Sheet
49 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
CURRENT ASSETS: | ||
Cash | 16,628,558 | 3,613,996 |
Approximate | 16,629,000 | — |
Accounts receivable, net | 2,522,013 | 1,432,470 |
Inventories, net | 5,987,114 | 5,475,857 |
Prepaid and other current assets | 646,085 | 425,182 |
Total current assets | 25,783,770 | 10,947,505 |
Property and equipment, net | 349,422 | 455,592 |
Right-of-use assets | 2,082,674 | 2,511,572 |
Intangible assets, net | 1,504,018 | 1,956,304 |
Domain Name | 0 | — |
Goodwill | 4,459,644 | 4,459,644 |
Segment Reporting, Reconciling Item, Corporate Nonsegment | 0 | 0 |
Operating Segments - Drones Segment | 0 | 0 |
Operating Segments - Sensors Segment | 4,459,644 | 4,459,644 |
Operating Segments - SaaS Segment | 0 | 0 |
Other assets | 285,754 | 250,937 |
Total assets | 34,465,282 | 20,581,554 |
Segment Reporting, Reconciling Item, Corporate Nonsegment | 16,923,685 | 3,804,628 |
Operating Segments - Drones Segment | 8,042,744 | 7,028,158 |
Operating Segments - Sensors Segment | 9,498,853 | 9,744,152 |
Operating Segments - SaaS Segment | 0 | 4,616 |
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
Accounts payable | 744,220 | 2,786,492 |
Accrued liabilities | 2,650,262 | 2,360,775 |
Convertible note | 0 | 1,333,333 |
Other short-term loan | 0 | 99,735 |
Contract liabilities | 70,602 | 148,054 |
Current portion of lease liabilities | 893,906 | 921,038 |
SenseFly COVID Loans | 103,098 | 237,464 |
Total current liabilities | 4,462,088 | 7,886,891 |
Long-term portion of lease liabilities | 1,207,755 | 1,646,878 |
Long-term portion of COVID loan | 206,184 | 274,389 |
Warrant liabilities | 123,000 | 16,400,000 |
Defined benefit plan obligation | 130,014 | 115,355 |
Total liabilities | 6,129,041 | 26,323,513 |
STOCKHOLDERS’ EQUITY (DEFICIT): | ||
Series F Convertible Preferred Stock | 3 | 6 |
Common Stock, $0.001 par value, 200,000,000 shares authorized, 36,734,690 and 9,661,664 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 36,735 | 9,662 |
Additional paid-in capital | 248,228,653 | 212,715,967 |
Accumulated deficit | (220,159,387) | (218,381,218) |
Accumulated other comprehensive income (loss) | 230,237 | (86,376) |
Total stockholders’ equity (deficit) | 28,336,241 | (5,741,959) |
Preferred Stock | 3 | 6 |
Common Stock | 36,735 | 9,662 |
Additional Paid-in Capital | 248,228,653 | 212,715,967 |
AOCI Attributable to Parent | 230,237 | (86,376) |
Retained Earnings | (220,159,387) | (218,381,218) |
Total liabilities and stockholders’ equity (deficit) | 34,465,282 | 20,581,554 |