2024 Q3 Form 10-Q Financial Statement
#000182912624007504 Filed on November 14, 2024
Income Statement
Concept | 2024 Q3 | 2023 Q3 |
---|---|---|
Revenue | $6.980M | $4.520M |
YoY Change | 54.42% | |
Cost Of Revenue | $6.086M | $3.810M |
YoY Change | 59.74% | -31.47% |
Gross Profit | $893.5K | $710.0K |
YoY Change | 25.85% | -48.18% |
Gross Profit Margin | 12.8% | 15.71% |
Selling, General & Admin | $720.0K | |
YoY Change | 36597.25% | |
% of Gross Profit | 101.41% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $61.21K | $10.00K |
YoY Change | 512.14% | 0.0% |
% of Gross Profit | 6.85% | 1.41% |
Operating Expenses | $1.397M | $830.0K |
YoY Change | 68.29% | 11023.02% |
Operating Profit | -$503.3K | -$120.0K |
YoY Change | 319.42% | -108.81% |
Interest Expense | -$40.00K | |
YoY Change | 0.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | $10.20K | -$60.00K |
YoY Change | -116.99% | -25.0% |
Pretax Income | -$220.0K | |
YoY Change | 2849.06% | |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$493.1K | -$220.0K |
YoY Change | 124.14% | 2848.27% |
Net Earnings / Revenue | -7.06% | -4.87% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $0.00 | |
COMMON SHARES | ||
Basic Shares Outstanding | 94.92M shares | 94.47M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.560M | |
YoY Change | ||
Cash & Equivalents | $896.6K | $1.558M |
Short-Term Investments | ||
Other Short-Term Assets | $180.0K | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | $402.8K | $178.6K |
Receivables | $1.690M | $1.765M |
Other Receivables | $0.00 | |
Total Short-Term Assets | $3.103M | $3.501M |
YoY Change | -11.37% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $934.2K | $282.3K |
YoY Change | 230.89% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $2.274M | $585.0K |
YoY Change | 288.67% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.103M | $3.501M |
Total Long-Term Assets | $2.274M | $585.0K |
Total Assets | $5.377M | $4.086M |
YoY Change | 31.59% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $830.3K | $502.2K |
YoY Change | 65.34% | |
Accrued Expenses | $112.9K | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | $720.0K | |
YoY Change | ||
Total Short-Term Liabilities | $4.551M | $2.266M |
YoY Change | 100.84% | 4513.36% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.730M | |
YoY Change | ||
Other Long-Term Liabilities | $290.0K | |
YoY Change | ||
Total Long-Term Liabilities | $3.020M | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.551M | $2.266M |
Total Long-Term Liabilities | $3.020M | |
Total Liabilities | $8.652M | $5.288M |
YoY Change | 63.61% | 10665.43% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$3.435M | -$1.360M |
YoY Change | 152.48% | -86.53% |
Common Stock | $159.8K | $158.3K |
YoY Change | 0.95% | 131.68% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$3.275M | -$1.202M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.377M | $4.086M |
YoY Change | 31.59% |
Cashflow Statement
Concept | 2024 Q3 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$493.1K | -$220.0K |
YoY Change | 124.14% | 2848.27% |
Depreciation, Depletion And Amortization | $61.21K | $10.00K |
YoY Change | 512.14% | 0.0% |
Cash From Operating Activities | -$1.410M | |
YoY Change | 18800.8% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | -100.0% | |
Cash From Investing Activities | $0.00 | |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -20.00K | |
YoY Change | -368.1% | |
NET CHANGE | ||
Cash From Operating Activities | -1.410M | |
Cash From Investing Activities | 0.000 | |
Cash From Financing Activities | -20.00K | |
Net Change In Cash | -1.430M | |
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | -$1.410M | |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Document Fiscal Year Focus
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|
2024 | ||
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|
AMERIGUARD SECURITY SERVICES, INC. | ||
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Financed Capital
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Interest Paid Net
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10-Q | ||
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2024-09-30 | ||
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Increase Decrease In Accrued Taxes Payable
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Increase Decrease In Payroll Liability Pension
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Payments To Acquire Purchase Of Fixed Assets
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Payments To Acquire Purchase Of Fixed Assets
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Shareholder Loan
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5470 W. Spruce Avenue | ||
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Suite 102 | ||
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General Liability Insurance
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Marketing And Advertising Expense
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AGSS |
Staff Training
StaffTraining
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Staff Training
StaffTraining
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Livescan Services Fees
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AGSS |
Livescan Services Fees
LivescanServicesFees
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GeneralAndAdministrativeExpense
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General And Administrative Expense
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Loan Interest
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|
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Depreciation
Depreciation
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Depreciation
Depreciation
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Operating Expenses
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Operating Expenses
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Operating Income Loss
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us-gaap |
Other Income
OtherIncome
|
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us-gaap |
Other Income
OtherIncome
|
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us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
712873 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
37957 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
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us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
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us-gaap |
Net Income Loss
NetIncomeLoss
|
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us-gaap |
Net Income Loss
NetIncomeLoss
|
816090 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.0188 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.0188 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.0086 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.0086 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
94917302 | shares | |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
94917302 | shares | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1493624 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1781343 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3274967 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1781343 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
816090 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
106207 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-86209 | usd | |
us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
74445 | usd | |
us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
44776 | usd | |
us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-43914 | usd | |
us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-23874 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-164500 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-35000 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-120000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-63900 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1438888 | usd | |
AGSS |
Loan Principle Payments
LoanPrinciplePayments
|
60953 | usd | |
AGSS |
Payment For Shareholder Buyout
PaymentForShareholderBuyout
|
149150 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
685095 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-61717 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1269252 | usd | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
6979651 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
5561101 | usd |
CY2024Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
6086134 | usd |
CY2023Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
4661649 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
893517 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
899452 | usd |
CY2024Q3 | us-gaap |
Salaries And Wages
SalariesAndWages
|
314340 | usd |
CY2023Q3 | us-gaap |
Salaries And Wages
SalariesAndWages
|
357105 | usd |
CY2024Q3 | AGSS |
Vehicle Expense
VehicleExpense
|
132007 | usd |
CY2023Q3 | AGSS |
Vehicle Expense
VehicleExpense
|
113632 | usd |
CY2024Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
282802 | usd |
CY2023Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
139370 | usd |
CY2024Q3 | AGSS |
Communiction Services
CommunictionServices
|
48574 | usd |
CY2023Q3 | AGSS |
Communiction Services
CommunictionServices
|
37117 | usd |
CY2024Q3 | AGSS |
General Liability Insurance
GeneralLiabilityInsurance
|
43611 | usd |
CY2023Q3 | AGSS |
General Liability Insurance
GeneralLiabilityInsurance
|
16935 | usd |
CY2024Q3 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
49324 | usd |
CY2023Q3 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
34711 | usd |
CY2024Q3 | AGSS |
Staff Training
StaffTraining
|
125844 | usd |
CY2023Q3 | AGSS |
Staff Training
StaffTraining
|
87272 | usd |
CY2024Q3 | AGSS |
Livescan Services Fees
LivescanServicesFees
|
20688 | usd |
CY2023Q3 | AGSS |
Livescan Services Fees
LivescanServicesFees
|
30671 | usd |
CY2024Q3 | AGSS |
Licenses And Permits
LicensesAndPermits
|
37614 | usd |
CY2023Q3 | AGSS |
Licenses And Permits
LicensesAndPermits
|
24505 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
206281 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
139190 | usd |
CY2024Q3 | AGSS |
Loan Interest
LoanInterest
|
74524 | usd |
CY2023Q3 | AGSS |
Loan Interest
LoanInterest
|
44733 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
61214 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
28716 | usd |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1396824 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1053957 | usd |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-503307 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-154505 | usd |
CY2024Q3 | us-gaap |
Other Income
OtherIncome
|
10196 | usd |
CY2023Q3 | us-gaap |
Other Income
OtherIncome
|
16150 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
70500 | usd |
CY2024Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
10196 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-54350 | usd |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-493111 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-208855 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-493111 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-208855 | usd |
CY2002Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1000 | shares |
CY2024Q3 | AGSS |
Holder Ownership
HolderOwnership
|
0.88 | pure |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84D_eus-gaap--UseOfEstimates_zd9s63DCJlek" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="text-decoration: underline"><span id="xdx_86E_zlDydCDv1RMh">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In preparing financial statements in conformity with United States generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates include estimated useful lives and potential impairment of property and equipment, along with the collectability of some receivables from customers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> | ||
CY2024Q3 | us-gaap |
Cash
Cash
|
896616 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
2166118 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1005633 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1060015 | usd |
CY2024Q3 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
9300 | usd |
CY2024Q3 | us-gaap |
Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
|
333950 | usd |
CY2023Q4 | us-gaap |
Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
|
340700 | usd |
CY2021Q3 | AGSS |
Consideration Paid Shares
ConsiderationPaidShares
|
500000 | usd |
CY2024Q3 | AGSS |
Notes Receivablerelated Party
NotesReceivablerelatedParty
|
0 | usd |
CY2023Q4 | AGSS |
Notes Receivablerelated Party
NotesReceivablerelatedParty
|
0 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1715655 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1200197 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
781500 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
626083 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
934155 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
574114 | usd |
CY2024Q3 | AGSS |
Pension Balances
PensionBalances
|
575172 | usd |
CY2023Q4 | AGSS |
Pension Balances
PensionBalances
|
507793 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
49035 | usd |
CY2024Q3 | us-gaap |
Notes Payable
NotesPayable
|
4873185 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
4194840 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
1781343 | usd | |
CY2024Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
0 | usd |
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |