ClarificationMay 5, 2026, 02:12 PM
DarkPulse Amends 2025 10-K; Net Loss Corrected to $(2.93M)
AI Summary
DarkPulse, Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, primarily to correct errors in the 'Going Concern' paragraph of the Independent Registered Public Accounting Firm's report. The corrections reflect a higher accumulated deficit, net loss, and negative working capital, reinforcing substantial doubt about the company's ability to continue as a going concern. The underlying audited consolidated financial statements remain unchanged.
Key Highlights
- Accumulated deficit corrected to $(74,226,493) from $(74,087,829).
- Net loss corrected to $(2,925,582) from $(1,731,056).
- Negative working capital corrected to $(19,721,196) from $(19,637,276).
- Audit Report date updated to May 1, 2026, with new certifications.
- Company's ability to continue as a going concern remains in substantial doubt.
- 2025 Revenue: $308,492; Gross Profit: $209,591.
- 2025 Total Liabilities: $20,888,088; Total Stockholders' Deficit: $(19,520,158).
- Cash and cash equivalents as of December 31, 2025: $62,786.