10-Q
Quarterly Report
AgEagle Aerial Systems Inc.
UAVS
NYSEAMER
CIK: 8504
File #: 001-36492
Balance Sheet
44 line items · 2 periods
XBRL
| Item | Mar 31, 2026 | Dec 31, 2025 |
|---|---|---|
CURRENT ASSETS: | ||
Cash | 26,911,440 | 29,858,655 |
Approximate | 26,911,000 | — |
Accounts receivable, net | 753,390 | 3,448,909 |
Inventories, net | 5,719,108 | 5,662,384 |
Investment in equity securities, at fair value | 9,477,682 | 0 |
Prepaid and other current assets | 619,565 | 556,655 |
Total current assets | 43,481,185 | 39,526,603 |
Property and equipment, net | 626,432 | 331,818 |
Right-of-use assets | 3,551,069 | 1,869,589 |
Intangible assets, net | 38,946 | 56,850 |
Other assets | 416,045 | 444,481 |
Total assets | 48,113,677 | 42,229,341 |
Segment Reporting, Reconciling Item, Corporate Nonsegment | 36,700,256 | 30,086,163 |
Operating Segments - Drones Segment | 7,142,773 | 8,821,960 |
Operating Segments - Sensors Segment | 4,270,648 | 3,321,218 |
Operating Segments - SaaS Segment | 0 | 0 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Accounts payable | 1,274,023 | 1,610,229 |
Accrued liabilities | 1,726,489 | 2,300,684 |
Contract liabilities | 83,279 | 127,874 |
Current portion of operating lease liability | 1,137,611 | 849,599 |
SenseFly COVID Loans | 155,193 | 104,787 |
Total current liabilities | 4,376,595 | 4,993,173 |
Long-term portion of operating lease liability | 2,457,247 | 1,024,878 |
Long-term portion of COVID loan | 154,989 | 209,563 |
Warrant liabilities | 55,000 | 50,000 |
Defined benefit plan obligation | 212,038 | 215,021 |
Total liabilities | 7,255,869 | 6,492,635 |
STOCKHOLDERS’ EQUITY: | ||
Series F Convertible Preferred Stock | 2 | 4 |
Series G Convertible Preferred Stock | 0 | 6 |
Common Stock, $0.001 par value, 200,000,000 shares authorized, 57,346,783 and 43,613,800 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 57,347 | 43,614 |
Additional paid-in capital | 271,660,183 | 266,736,538 |
Accumulated deficit | (231,163,762) | (231,234,641) |
Accumulated other comprehensive income | 304,038 | 191,185 |
Total stockholders’ equity | 40,857,808 | 35,736,706 |
Series F Convertible Preferred Stock - Preferred Stock | 2 | 4 |
Series G Convertible Preferred Stock - Preferred Stock | 0 | 6 |
Common Stock | 57,347 | 43,614 |
Additional Paid-in Capital | 271,660,183 | 266,736,538 |
AOCI Attributable to Parent | 304,038 | 191,185 |
Retained Earnings | (231,163,762) | (231,234,641) |
Total liabilities and stockholders’ equity | 48,113,677 | 42,229,341 |