NOTE 14 – SEGMENT REPORTING

 

During the year ended December 31, 2025 and 2024, the Company operated in three reportable business segments which consisted of (1) the business of Safe-Pro USA, (2) the business of Airborne Response, and (3) the business of Safe Pro AI. The Company’s reportable segments are strategic business units that offer different products. They are managed separately based on the fundamental differences in their operations and locations.

 

Information with respect to these reportable business segments for the years ending December 31, 2025 and 2024 was as follows:

 

   2025   2024 
   For the Years Ended
December 31,
 
   2025   2024 
Revenues:          
Safe-Pro USA  $340,776   $873,274 
Airborne Response   191,500    1,280,863 
Safe Pro AI   74,405    15,041 
Revenues   606,681    2,169,178 
Depreciation and amortization:          
Safe-Pro USA   77,547    109,702 
Airborne Response   89,341    155,359 
Safe Pro AI   212,630    74,550 
Other (a)   1,812    1,472 
Depreciation and amortization   381,330    341,083 
Interest expense:          
Safe-Pro USA   6,020    6,717 
Airborne Response   1,133    983 
Safe Pro AI   -    - 
Other (a)   5,680    298,816 
Interest expense   12,833    306,516 
           
Net (loss) income:          
Safe-Pro USA   (916,414)   (366,564)
Airborne Response   (722,966)   (182,966)
Safe Pro AI   (1,618,707)   (375,332)
Other (a)   (11,064,692)   (6,503,599)
Net (loss) income  $(14,322,779)  $(7,428,461)

 

(a) The Company does not allocate any general and administrative or financing expenses of its holding company activities to its reportable segments, because these activities are managed at the corporate level.

 

  

December 31,

2025

  

December 31,

2024

 
Identifiable long-lived tangible assets, net by segment:          
Safe-Pro USA  $168,991   $217,134 
Airborne Response   68,118    71,444 
Safe Pro AI   38,818    22,143 
Other (a)   7,160    4,160 
Long lived tangible assets  $283,087   $314,881 

 

 

SAFE PRO GROUP INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

 

Historical Timeline

Fiscal YearFiled
2025Mar 31, 2026Showing above
2024Mar 31, 2025

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.