$SGBX
SAFE & GREEN HOLDINGS CORP. Stock $sgbx

$sgbx Overview Financials Valuation SEC Filings Company Website

2019 Q2 Form 10-Q Financial Statement

#000121390019008438 Filed on May 13, 2019

Income Statement

Concept	2019 Q2	2019 Q1	2018 Q1
Revenue	$727.9K	$1.735M	$1.544M
YoY Change	-68.43%	12.41%	155.3%
Cost Of Revenue	$460.6K	$1.191M	$1.380M
YoY Change	-79.75%	-13.69%	206.65%
Gross Profit	$267.3K	$544.1K	$163.6K
YoY Change	746.69%	232.59%	9.06%
Gross Profit Margin	36.72%	31.36%	10.6%
Selling, General & Admin	$590.9K	$380.4K	$507.3K
YoY Change	-9.46%	-25.03%	-34.11%
% of Gross Profit	221.04%	69.91%	310.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.136K	$3.165K	$931.00
YoY Change	-97.76%	239.96%	-99.38%
% of Gross Profit	1.17%	0.58%	0.57%
Operating Expenses	$1.239M	$1.035M	$917.7K
YoY Change	-2.46%	12.76%	17.65%
Operating Profit	-$971.7K	-$490.7K	-$754.1K
YoY Change	-21.55%	-34.93%	19.7%
Interest Expense		$0.00	$0.00
YoY Change			-100.0%
% of Operating Profit
Other Income/Expense, Net			$4.00
YoY Change
Pretax Income	-$971.7K	-$490.7K	-$754.1K
YoY Change	-21.19%	-34.92%	9.29%
Income Tax
% Of Pretax Income
Net Earnings	-$971.7K	-$490.7K	-$754.1K
YoY Change	-21.19%	-34.92%	9.29%
Net Earnings / Revenue	-133.49%	-28.28%	-48.86%
Basic Earnings Per Share
Diluted Earnings Per Share	-$4.042M	-$2.333M	-$3.571M
COMMON SHARES
Basic Shares Outstanding	5.108M shares	4.260M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q2	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$170.0K	$250.0K	$4.510M
YoY Change	-94.37%	-94.46%	1226.47%
Cash & Equivalents	$173.9K	$250.5K	$4.513M
Short-Term Investments
Other Short-Term Assets	$70.80M	$95.80M	$630.0K
YoY Change	29400.0%	15106.35%	53.66%
Inventory	$0.00	$0.00
Prepaid Expenses
Receivables	$1.449M	$2.957M	$1.430M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.874M	$4.001M	$6.570M
YoY Change	-66.66%	-39.11%	663.95%
LONG-TERM ASSETS
Property, Plant & Equipment	$65.04K	$68.17K	$10.00K
YoY Change	550.36%	581.72%
Goodwill	$4.162M	$4.162M
YoY Change
Intangibles	$2.371M	$2.408M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$6.599M	$6.638M	$7.050M
YoY Change	-4.37%	-5.84%	-7.72%
TOTAL ASSETS
Total Short-Term Assets	$1.874M	$4.001M	$6.570M
Total Long-Term Assets	$6.599M	$6.638M	$7.050M
Total Assets	$8.472M	$10.64M	$13.62M
YoY Change	-32.33%	-21.89%	60.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.670M	$2.250M	$1.610M
YoY Change	-16.08%	39.75%	198.15%
Accrued Expenses
YoY Change
Deferred Revenue	$184.4K	$1.580M
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.854M	$3.832M	$2.770M
YoY Change	-34.03%	38.35%	179.8%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change			-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.854M	$3.832M	$2.770M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$1.850M	$3.830M	$2.770M
YoY Change	-34.16%	38.27%	-23.06%
SHAREHOLDERS EQUITY
Retained Earnings	-$12.13M	-$11.15M
YoY Change
Common Stock	$51.08K	$42.60K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.618M	$6.806M	$10.85M
YoY Change
Total Liabilities & Shareholders Equity	$8.472M	$10.64M	$13.62M
YoY Change	-32.33%	-21.89%	60.24%

Cashflow Statement

Concept	2019 Q2	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	-$971.7K	-$490.7K	-$754.1K
YoY Change	-21.19%	-34.92%	9.29%
Depreciation, Depletion And Amortization	$3.136K	$3.165K	$931.00
YoY Change	-97.76%	239.96%	-99.38%
Cash From Operating Activities	-$630.0K	-$1.118M	-$384.8K
YoY Change	-58.0%	190.54%	249.8%
INVESTING ACTIVITIES
Capital Expenditures	$0.00		$3.184K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$30.00K
YoY Change		-100.0%
Cash From Investing Activities	$0.00		$26.85K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	550.0K
YoY Change
NET CHANGE
Cash From Operating Activities	-630.0K	-$1.118M	-$384.8K
Cash From Investing Activities	0.000		$26.85K
Cash From Financing Activities	550.0K
Net Change In Cash	-80.00K	-$1.118M	-$357.9K
YoY Change	-94.67%	212.33%	49.14%
FREE CASH FLOW
Cash From Operating Activities	-$630.0K	-$1.118M	-$384.8K
Capital Expenditures	$0.00		$3.184K
Free Cash Flow	-$630.0K	-$1.118M	-$388.0K
YoY Change	-58.0%	188.15%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q1	us-gaap	Bankruptcy Proceedings Description Of Proceedings BankruptcyProceedingsDescriptionOfProceedings	Intangible assets represent the preliminary assets identified upon emergence from bankruptcy and consist of $2,766,000 of proprietary knowledge and technology which is being amortized over 20 years and $1,113,000 of customer contracts which is being amortized over 2.5 years. In addition, included in intangible assets is $ 28,820 of trademarks and $5,300 of website which is being amortized over 5 years.
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Operating Cycle OperatingCycle	The length of the Company's contracts varies, but is typically between six to twelve months.
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Trading Symbol TradingSymbol	SGBX
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001023994
CY2019Q1	us-gaap	Short Term Investments ShortTermInvestments	0	USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4260041	shares
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4260041	shares
CY2019Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2018Q4	us-gaap	Short Term Investments ShortTermInvestments	0	USD
CY2019Q1	sgbx	Warrant Description WarrantDescription	The Company agreed to pay Roth an aggregate fee equal to 7.0% of the gross proceeds received by the Company from the sale of the securities in the transactions. Pursuant to the Placement Agency Agreement, the Company also agreed to grant to Roth or its designees warrants to purchase up to 10% of the aggregate number of shares of Common Stock sold in the transactions, or 84,775 shares (the “Roth Warrants”), which Roth Warrants shall be issued in two series of warrants (50% of the Roth Warrants in each series) and the second series of warrants shall vest ratably upon the exercise of the first series of warrants.
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5107791	shares
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1368395	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2956614	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1746326	USD
CY2019Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	12424	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	260325	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	781046	USD
CY2018Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	986687	USD
CY2019Q1	us-gaap	Assets Current AssetsCurrent	4000548	USD
CY2018Q4	us-gaap	Assets Current AssetsCurrent	4361733	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	68172	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	71337	USD
CY2018Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	405418	USD
CY2019Q1	us-gaap	Goodwill Goodwill	4162173	USD
CY2018Q4	us-gaap	Goodwill Goodwill	4162173	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2407648	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2443929	USD
CY2019Q1	us-gaap	Assets Assets	10638541	USD
CY2018Q4	us-gaap	Assets Assets	11039172	USD
CY2019Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2251920	USD
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2624218	USD
CY2019Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1580481	USD
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1334887	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3832401	USD
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3959105	USD
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5405010	shares
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5405010	shares
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4260041	shares
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4260041	shares
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	42601	USD
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	42601	USD
CY2019Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	17917551	USD
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	17700743	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-11154012	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	6806140	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	7080067	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10638541	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11039172	USD
CY2019Q1	us-gaap	Revenues Revenues	1735124	USD
CY2018Q1	us-gaap	Revenues Revenues	1543526	USD
CY2019Q1	us-gaap	Cost Of Revenue CostOfRevenue	1191019	USD
CY2018Q1	us-gaap	Cost Of Revenue CostOfRevenue	1379930	USD
CY2019Q1	us-gaap	Gross Profit GrossProfit	544105	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	163596	USD
CY2019Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	638550	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	333000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	426275	USD
CY2019Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	47359	USD
CY2018Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	81047	USD
CY2019Q1	us-gaap	Other General Expense OtherGeneralExpense	15931	USD
CY2018Q1	us-gaap	Other General Expense OtherGeneralExpense	4964	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	1034840	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	917704	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-490735	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-754108	USD
CY2019Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest		USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	4	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense		USD
CY2018	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	79989	USD
CY2018	us-gaap	Profit Loss ProfitLoss	-754104	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1210288	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1576243	USD
CY2019Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-247901	USD
CY2018Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-59763	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-490735	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-754104	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-490735	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-754104	USD
CY2019Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.18
CY2019Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4260041	shares
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4260041	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	11527874	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	10853759	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	7080067	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	216808	USD
CY2019Q1	us-gaap	Profit Loss ProfitLoss	-490735	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	6806140	USD
CY2019Q1	us-gaap	Profit Loss ProfitLoss	-490735	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	-754104	USD
CY2019Q1	us-gaap	Depreciation Depreciation	3165	USD
CY2018Q1	us-gaap	Depreciation Depreciation	931	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	36281	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	147316	USD
CY2019Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments		USD
CY2018Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	4	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-205641	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	442192	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-317983	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-542879	USD
CY2019Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	245594	USD
CY2018Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-509846	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1117931	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-384783	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Other Investments ProceedsFromSaleOfOtherInvestments		USD
CY2018Q1	us-gaap	Proceeds From Sale Of Other Investments ProceedsFromSaleOfOtherInvestments	30037	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3184	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	26853	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		USD
CY2019Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1117931	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-357930	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	250464	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4512894	USD
CY2019Q1	sgbx	Non Cash Conversion Of Salary To Restricted Stock Units NonCashConversionOfSalaryToRestrictedStockUnits	54315	USD
CY2018Q1	sgbx	Non Cash Conversion Of Salary To Restricted Stock Units NonCashConversionOfSalaryToRestrictedStockUnits		USD
CY2019Q1	us-gaap	Other Assets Current OtherAssetsCurrent	95800000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	95839840	USD
CY2019Q1	us-gaap	Use Of Estimates UseOfEstimates	<div> <div> <p style="color: #000000; font: 10pt 'Times New Roman', Times, serif; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt 0px 0pt 0.5in;"><span><b><i>Accounting estimates </i></b>– The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Significant areas that require the Company to make estimates include revenue recognition, stock-based compensation and allowance for doubtful accounts. Actual results could differ from those estimates.</span></p> </div> </div>
CY2019Q1	sgbx	Warranty Offered On Completed Contracts WarrantyOfferedOnCompletedContracts	P1Y
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1735124	USD
CY2019Q1	sgbx	Revenue From Contract With Customer Excluding Assessed Tax Percentage RevenueFromContractWithCustomerExcludingAssessedTaxPercentage	1	pure
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1543526	USD
CY2018Q1	sgbx	Revenue From Contract With Customer Excluding Assessed Tax Percentage RevenueFromContractWithCustomerExcludingAssessedTaxPercentage	1	pure
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	250464	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1368395	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	0	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	145124000000	USD
CY2019Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1505472	USD
CY2019Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	1026889	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	36281	USD
CY2018Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	147316	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	108843000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	145124000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	140801000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	139007000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	1728749000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2407648000000	USD
CY2019Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Concentrations of credit risk </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">–</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents. The Company places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. The Company has not experienced any losses in its account and believes that it is not exposed to any significant credit risk on the account.</span></p> <p style="margin: 0pt 0pt 0pt 36pt; text-indent: 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">With respect to receivables, concentrations of credit risk are limited to a few customers in the construction industry. The Company performs ongoing credit evaluations of its customers’ financial condition and, generally, requires no collateral from its customers other than normal lien rights. At <span id="fs_V38HIYKGUO00000000000000000000FM">March 31, 2019</span> and <span id="fs_8NI7HFE94W00000000000000000000fs">December 31, 2018</span>, 72% and <span style="border-left: none; border-right: none;">76</span>%, respectively, of the Company’s accounts receivable were due from two customers.</span></p> <p style="margin: 0pt; text-indent: 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Revenue relating to two and three customers represented approximately 89% and 80% of the Company’s total revenue for the three months ended <span id="fs_ZCNMH7FIWG00000000000000000000FM">March 31, 2019</span> and <span id="fs_79L71U547K00000000000000000000fs">2018</span>, respectively.</span></p> <p style="margin: 0pt; text-indent: 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="/* background-color: #ffffff;">Cost of revenue relating to two and three </span>vendors represented approximately 95% and <span>75</span>% of the Company’s total cost of revenue for the three months ended <span id="fs_I3RVFXOCO000000000000000000000FM">March 31, 2019</span> and <span id="fs_J5R30FT4TS00000000000000000000fs">2018</span>, respectively. The Company believes it has access to alternative suppliers, with limited disruption to the business, should circumstances change with its existing suppliers.</span></p>
CY2018Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	14723	USD
CY2019Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	3796509	USD
CY2018Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	2586221	USD
CY2019Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	839895	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	839895	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2956614	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1746326	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	839895	USD
CY2019Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2019Q1	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	USD
CY2018	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	810580	USD
CY2018	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	4920	USD
CY2019Q1	sgbx	Estimated Income Loss On Uncompleted Contracts EstimatedIncomeLossOnUncompletedContracts	-1032413	USD
CY2018Q4	sgbx	Estimated Income Loss On Uncompleted Contracts EstimatedIncomeLossOnUncompletedContracts	-838615	USD
CY2019Q1	us-gaap	Contract Receivable Retainage ContractReceivableRetainage	12208119	USD
CY2019Q1	sgbx	Contract With Customer Asset Liability ContractWithCustomerAssetLiability	-1568057	USD
CY2019Q1	sgbx	Contract With Customer Asset Liability ContractWithCustomerAssetLiability	-1568057	USD
CY2018Q4	sgbx	Contract With Customer Asset Liability ContractWithCustomerAssetLiability	-1074562	USD
CY2018Q4	us-gaap	Contract Receivable Retainage ContractReceivableRetainage	12146590	USD
CY2019Q1	sgbx	Costs In Excess Of Billings To Date CostsInExcessOfBillingsToDate	-13776176	USD
CY2019Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	102672	USD
CY2018Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	102672	USD
CY2019Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	34500	USD
CY2018Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	31335	USD
CY2018Q4	sgbx	Costs In Excess Of Billings To Date CostsInExcessOfBillingsToDate	13221152	USD
CY2019Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	12424	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	260325	USD
CY2019Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1580481	USD
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1334887	USD
CY2019Q1	sgbx	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	11175706	USD
CY2018Q4	sgbx	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	11307975	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	68172	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	71337	USD
CY2017Q4	sgbx	Construction Contracts Backlog ConstructionContractsBacklog	76659029	USD
CY2019Q1	sgbx	New Contracts Received During Year NewContractsReceivedDuringYear	-82415	USD
CY2018Q1	sgbx	New Contracts Received During Year NewContractsReceivedDuringYear	29189062	USD
CY2019Q1	sgbx	Construction Backlog Gross ConstructionBacklogGross	97574964	USD
CY2018Q1	sgbx	Construction Backlog Gross ConstructionBacklogGross	105848091	USD
CY2019Q1	sgbx	Contract Revenue ContractRevenue	1735124	USD
CY2018Q1	sgbx	Contract Revenue ContractRevenue	8190712	USD
CY2018Q4	sgbx	Construction Contracts Backlog ConstructionContractsBacklog	97657379	USD
CY2019Q1	sgbx	Construction Contracts Backlog ConstructionContractsBacklog	95839840	USD
CY2018Q1	sgbx	Construction Contracts Backlog ConstructionContractsBacklog	97657379	USD
CY2019Q1	sgbx	Number Of Large Contracts NumberOfLargeContracts	2	Number
CY2018Q1	sgbx	Number Of Large Contracts NumberOfLargeContracts	1	Number
CY2019Q1	sgbx	Construction Backlog Contract Revenue ConstructionBacklogContractRevenue	55	USD
CY2017Q3	sgbx	Construction Backlog Contract Revenue ConstructionBacklogContractRevenue	15	USD
CY2018Q1	sgbx	Construction Backlog Contract Revenue ConstructionBacklogContractRevenue	25000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	95839840	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	95839840	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	162493	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	79989	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	162493	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	79989	USD
CY2019Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	32098	USD
CY2018Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	79989	USD
CY2016Q4	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	131815	shares
CY2019Q1	us-gaap	Share Price SharePrice	1.84
CY2018Q1	sgbx	Number Of Employees NumberOfEmployees	6	Employee
CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	320000	USD
CY2019Q1	us-gaap	Share Price SharePrice	2.70
CY2019Q1	sgbx	Options Vested Description OptionsVestedDescription	<span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Restricted stock units granted to Mr. Galvin, Mr. Armstrong, Mr. Shetty, and an aggregate of <span id="fs_HOKZQMQI8W00000000000000000000fs">six</span> employees and <span id="fs_ALBZ2KOEYO00000000000000000000fs">one</span> consultant of <span id="fs_2C3AGKXC2800000000000000000000fs">122,785</span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">,<span> </span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;"><span id="fs_Z8W5M89KW000000000000000000000fs">15,432</span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">,<span> <span id="fs_K0029RI9MO00000000000000000000fs">114,575</span></span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><span> </span>and an aggregate of<span> </span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;"><span id="fs_3RHEPRE6WG00000000000000000000fs">61,266</span></span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, respectively, vest in installments over either a <span id="fs_2S2XMSD2GW00000000000000000000fs">one</span>-year, <span id="fs_N9KCMQMKV400000000000000000000fs">two</span>-year, <span id="fs_8H4YJPACSG00000000000000000000fs">three</span>-year and <span id="fs_LCDYZZND3400000000000000000000fs">four</span>-year period and will fully vest by the end of December 31, 2022. The fair value of these units upon issuance amounted to $<span id="fs_4WO3HYJPU800000000000000000000fs">847,957</span>. </span>
CY2019Q1	us-gaap	Payments For Legal Settlements PaymentsForLegalSettlements	500000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	50000	USD

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0001213900-19-008438.txt	Edgar Link	pending
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ex311_1.htm	Edgar Link	pending
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Financial_Report.xlsx	Edgar Link	pending
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report.css	Edgar Link	pending
sgbx-20190331.htm	Edgar Link	pending
sgbx-20190331.xsd	Edgar Link	pending
sgbx-20190331_cal.xml	Edgar Link	unprocessable
sgbx-20190331_def.xml	Edgar Link	unprocessable
sgbx-20190331_htm.xml	Edgar Link	completed
sgbx-20190331_lab.xml	Edgar Link	unprocessable
sgbx-20190331_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending

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$SGBX
SAFE & GREEN HOLDINGS CORP. Stock $sgbx

2019 Q2 Form 10-Q Financial Statement

#000121390019008438 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SGBX SAFE & GREEN HOLDINGS CORP. Stock $sgbx

2019 Q2 Form 10-Q Financial Statement

#000121390019008438 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SGBX
SAFE & GREEN HOLDINGS CORP. Stock $sgbx