10-K
Annual Report
AgEagle Aerial Systems Inc.
UAVS
NYSEAMER
CIK: 8504
File #: 001-36492
Balance Sheet
50 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
CURRENT ASSETS: | ||
Cash | 29,858,655 | 3,613,996 |
Accounts receivable, net | 3,448,909 | 1,432,470 |
Inventories, net | 5,662,384 | 5,475,857 |
Prepaid and other current assets | 556,655 | 425,182 |
Total current assets | 39,526,603 | 10,947,505 |
Property and equipment, net | 331,818 | 455,592 |
Right-of-use assets | 1,869,589 | 2,511,572 |
Intangible assets, net | 56,850 | 1,956,304 |
Goodwill | 0 | 4,459,644 |
Sensors Segment | 0 | 4,459,644 |
Segment Reporting, Reconciling Item, Corporate Nonsegment | — | 0 |
Operating Segments - Drones Segment | — | 0 |
Operating Segments - Sensors Segment | — | 4,459,644 |
Operating Segments - SaaS Segment | — | 0 |
Other assets | 444,481 | 250,937 |
Total assets | 42,229,341 | 20,581,554 |
Segment Reporting, Reconciling Item, Corporate Nonsegment | 30,086,163 | 3,804,628 |
Operating Segments - Drones Segment | 8,821,960 | 7,028,158 |
Operating Segments - Sensors Segment | 3,321,218 | 9,744,152 |
Operating Segments - SaaS Segment | 0 | 4,616 |
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
Accounts payable | 1,610,229 | 2,786,492 |
Accrued liabilities | 2,300,684 | 2,360,775 |
Convertible note | 0 | 1,333,333 |
Other short-term loan | 0 | 99,735 |
Contract liabilities | 127,874 | 148,054 |
Current portion of lease liabilities | 849,599 | 921,038 |
SenseFly COVID Loans | 104,787 | 237,464 |
Total current liabilities | 4,993,173 | 7,886,891 |
Long-term portion of lease liabilities | 1,024,878 | 1,646,878 |
Long-term portion of COVID loan | 209,563 | 274,389 |
Warrant liabilities | 50,000 | 16,400,000 |
Defined benefit plan obligation | 215,021 | 115,355 |
Total liabilities | 6,492,635 | 26,323,513 |
STOCKHOLDERS’ EQUITY (DEFICIT): | ||
Series F Convertible Preferred Stock | 4 | 6 |
Series G Convertible Preferred Stock | 6 | 0 |
Common Stock, $0.001 par value, 200,000,000 shares authorized as of December 31, 2025 and December 31,2024, respectively, 43,613,800 and 9,661,664 shares issued and outstanding as of December 31, 2025 and 2024 respectively | 43,614 | 9,662 |
Additional paid-in capital | 266,736,538 | 212,715,967 |
Accumulated deficit | (231,234,641) | (218,381,218) |
Accumulated other comprehensive income (loss) | 191,185 | (86,376) |
Total stockholders’ equity (deficit) | 35,736,706 | (5,741,959) |
Series F Convertible Preferred Stock - Preferred Stock | 4 | 6 |
Series G Convertible Preferred Stock - Preferred Stock | 6 | 0 |
Common Stock | 43,614 | 9,662 |
Additional Paid-in Capital | 266,736,538 | 212,715,967 |
AOCI Attributable to Parent | 191,185 | (86,376) |
Retained Earnings | (231,234,641) | (218,381,218) |
Total liabilities and stockholders’ equity (deficit) | 42,229,341 | 20,581,554 |