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, 2023 | Dec 31, 2022 |
|---|---|---|
Condensed Consolidated Balance Sheets | ||
ASSETS | ||
CURRENT ASSETS: | ||
Cash and Cash Equivalents | 1,600,143 | 4,349,837 |
Accounts Receivable | 2,015,045 | 2,213,040 |
Inventory | 6,063,935 | 6,685,847 |
Other Non-Operating Current Assets | 832,188 | 1,029,548 |
Other Non-Operating Current Assets | 185,000 | 185,000 |
Total current assets | 10,696,311 | 14,463,272 |
Property, Plant and Equipment | 597,964 | 791,155 |
Operating Lease Right-of-Use Asset | 3,498,051 | 3,952,317 |
Intangible Assets | 9,242,659 | 11,507,653 |
Goodwill | 21,679,411 | 23,179,411 |
Sensors | 19,000,000 | — |
SaaS | 2,700,000 | — |
Sensors | 18,972,896 | 18,972,896 |
SaaS | 2,706,515 | 4,206,515 |
Other Non-Operating Current Assets | 336,091 | 291,066 |
Total assets | 46,050,487 | 54,184,874 |
Corporate Segment | 2,660,979 | 4,785,643 |
Drones And Custom Manufacturing | 12,383,293 | 14,930,789 |
Sensors | 25,495,556 | 26,081,788 |
SaaS | 5,510,659 | 8,386,654 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Accounts Payable | 2,125,689 | 1,845,135 |
Other Current Liabilities | 1,650,609 | 1,680,706 |
Promissory note | 2,625,000 | 287,381 |
Other Current Liabilities | 329,536 | 496,390 |
Operating Lease Liability, Current | 840,535 | 628,113 |
Current portion of COVID loans | 306,722 | 446,456 |
Total current liabilities | 7,878,091 | 5,384,181 |
Present value of future minimum lease payments – long-term | 2,756,056 | 3,161,703 |
Long-Term Debt | 509,184 | 446,813 |
Other Non-Operating Non-Current Liabilities | — | 106,163 |
Long term portion of promissory note | 1,470,000 | 1,861,539 |
Total liabilities | 12,613,331 | 10,960,399 |
STOCKHOLDERS’ EQUITY: | ||
Preferred Stock | 6 | 6 |
Total Stockholders' Equity | 117,880 | 88,467 |
Total Stockholders' Equity | 167,523,676 | 154,679,363 |
Total Stockholders' Equity | (134,374,548) | (111,553,444) |
Total Stockholders' Equity | 170,142 | 10,083 |
Total stockholders’ equity | 33,437,156 | 43,224,475 |
Series F Preferred Stock - Preferred Stock | 6 | 6 |
Common Stock | 117,880 | 88,467 |
Additional Paid-in Capital | 167,523,676 | 154,679,363 |
AOCI Attributable to Parent | 170,142 | 10,083 |
Retained Earnings | (134,374,548) | (111,553,444) |
Total liabilities and stockholders’ equity | 46,050,487 | 54,184,874 |