SGD · Safe & Green Development Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.96M | - | $3.52M | $1.40M | $18.2K | - | $81.2K | $42.2K | $49.8K | - |
| Cost of Revenue | $2.63M | - | $2.61M | $857.6K | $28.1K | - | - | - | - | - |
| Gross Profit | $1.33M | - | $81.2K | $42.2K | $49.8K | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.42M | - | $2.04M | $1.61M | $735.1K | - | $778.4K | $284.7K | $466.3K | - |
| Total Operating Expenses | $4.10M | - | $3.24M | $5.48M | $1.27M | - | $1.47M | $945.1K | $2.55M | - |
| D&A | $553.8K | - | $431.1K | $0 | $365 | - | - | - | $161 | - |
| Operating Income | ($2.77M) | - | ($2.33M) | ($4.93M) | ($1.26M) | - | ($1.39M) | ($496.5K) | ($2.50M) | - |
| Interest Expense | $1.33M | - | $2.00M | $830.2K | $566.0K | - | $951.2K | $291.5K | $566.0K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($9.33M) | - | ($4.35M) | ($5.72M) | ($2.18M) | - | ($2.34M) | ($1.97M) | ($3.07M) | - |
| EPS - Basic | ($4.87) | - | ($1.12) | ($2.29) | ($1.08) | - | ($2.61) | ($0.13) | ($0.26) | - |
| EPS - Diluted | ($4.87) | - | ($1.12) | ($2.29) | ($1.08) | - | ($2.61) | ($787.92) | ($0.26) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $511.7K | $54.1K | $233.0K | $403.1K | $17.5K | $296.2K | $13.7K | $24.2K | $77.5K | $3.2K |
| Accounts Receivable | - | $799.1K | $877.5K | $1.10M | - | - | - | - | - | - |
| Inventory | $954.0K | $1.08M | $1.09M | $980.1K | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $3.19M | $2.57M | $3.35M | $3.64M | $5.73M | $1.80M | $850.0K | $970.6K | $487.9K | $235.2K |
| Total Assets | $35.73M | $35.48M | $38.38M | $39.07M | $13.11M | $12.75M | $13.04M | $12.65M | $11.81M | $9.56M |
| Current Liabilities | $30.00M | $21.61M | $32.58M | $30.38M | $11.99M | $10.40M | $10.35M | $9.69M | $8.32M | $7.67M |
| Long-term Debt | $3.33M | $8.24M | $2.52M | $1.50M | - | - | - | - | - | - |
| Total Liabilities | $34.49M | $31.08M | $36.40M | $34.69M | $12.80M | $11.90M | $12.22M | $10.64M | $7.67M | - |
| Stockholders' Equity | $1.24M | $4.39M | $1.98M | $4.38M | $301.1K | $853.2K | $2.02M | $2.02M | $2.22M | $1.89M |
| Retained Earnings | ($41.74M) | ($32.17M) | ($28.29M) | ($23.94M) | ($18.22M) | ($16.04M) | ($14.51M) | ($12.17M) | ($10.20M) | ($7.13M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.02M) | - | - | - | ($551.9K) | - | - | - | ($724.5K) | - |
| Investing Cash Flow | ($529.7K) | - | - | - | ($10.0K) | - | - | - | ($57.1K) | - |
| Financing Cash Flow | $3.00M | - | - | - | $283.2K | - | - | - | $855.9K | - |
| CapEx | $533.4K | - | - | - | - | - | - | - | $32.0K | - |
| Free Cash Flow | ($2.55M) | - | - | - | - | - | - | - | ($756.5K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.7% | - | 2.3% | 3.0% | 274.2% | - | - | - | - | - |
| Operating margin | -70.0% | - | -66.3% | -351.8% | -6955.8% | - | -1712.6% | -1177.5% | -5021.8% | - |
| EBITDA margin | -56.0% | - | -54.1% | -351.8% | -6953.8% | - | - | - | -5021.5% | - |
| Net margin | -235.7% | - | -123.7% | -408.1% | -11997.8% | - | -2883.9% | -4669.6% | -6158.0% | - |
| Free cash flow margin | -64.4% | - | - | - | - | - | - | - | -1518.6% | - |
| FCF / Net income | 0.27 | - | - | - | - | - | - | - | 0.25 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 35.9% | - | 57.9% | 114.9% | 4045.8% | - | 958.6% | 675.3% | 936.0% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -26.1% | - | -11.3% | -14.7% | -16.6% | - | -18.0% | -15.6% | -26.0% | - |
| Return on equity | -754.9% | - | -219.4% | -130.7% | -723.9% | - | -116.0% | -97.6% | -138.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.11 | 0.12 | 0.10 | 0.12 | 0.48 | 0.17 | 0.08 | 0.10 | 0.06 | 0.03 |
| Quick ratio | 0.07 | 0.07 | 0.07 | 0.09 | 0.48 | 0.17 | 0.08 | 0.10 | 0.06 | 0.03 |
| Cash ratio | 0.02 | 0.00 | 0.01 | 0.01 | 0.00 | 0.03 | 0.00 | 0.00 | 0.01 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | 2.70 | 1.88 | 1.27 | 0.34 | - | - | - | - | - | - |
| Debt / Assets | 0.09 | 0.23 | 0.07 | 0.04 | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.1x | - | -1.2x | -5.9x | -2.2x | - | -1.5x | -1.7x | -4.4x | - |
| Equity multiplier | 28.91 | 8.07 | 19.35 | 8.92 | 43.52 | 14.95 | 6.46 | 6.27 | 5.32 | 5.06 |
| Liabilities / Assets | 0.97 | 0.88 | 0.95 | 0.89 | 0.98 | 0.93 | 0.94 | 0.84 | 0.65 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.09 | 0.04 | 0.00 | - | 0.01 | 0.00 | 0.00 | - |
| Inventory turnover | 2.75 | - | 2.40 | 0.87 | - | - | - | - | - | - |
| Days sales outstanding | - | - | 91d | 285d | - | - | - | - | - | - |
| Days inventory outstanding | 133d | - | 152d | 417d | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 21683.8% | - | 4229.2% | 3226.5% | -63.5% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 2574.8% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -119.1% | - | -67.7% | -893.9% | 49.5% | - | -138.1% | - | - | - |
| Net income growth (YoY) | -327.9% | - | -85.8% | -190.7% | 28.9% | - | -153.6% | - | - | - |
| EPS growth (YoY) | -350.9% | - | 57.1% | 99.7% | -315.4% | - | -357.9% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 310.4% | 415.0% | -1.7% | 117.0% | -86.4% | -54.8% | 30.7% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$16.44M totalSales Revenue$8.22M · 50.0%
Sale Of Materials$8.20M · 49.9%
Commissions$18.2K · 0.1%
Peer comparison
Same SIC group: Refuse Systems
Comparing Safe & Green Development Corp against the 5 most active filers in the same SIC group.