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Safe Pro Group Inc. SPAI Allowance for Doubtful Accounts

Allowance for Doubtful Accounts at other companies

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Other financials

Income statement

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Revenue$1.2M+560%
Gross profit$830.4K+1,249%
Operating income-$2.9M+27.2%
Net income-$2.8M+29.5%
EPS (diluted)-$0.14+48.1%

Balance sheet

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Cash & equivalents$14.8M+1,523%
Total debt$185.1K-18.0%
Total equity$15.4M+483%
Total assets$16.7M+354%

Cash flow

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Operating cash flow-$1.2M-25.1%
CapEx$48.2K+164%
Free cash flow-$1.2M-27.7%

Valuation

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Market cap$89.28M+132%
Enterprise value$74.66M+96.6%
P/S54.4×+28.6×

Profitability

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Gross margin59.1%+17.9pp
Operating margin-819.6%+1,627pp
Net margin-800.9%+1,197pp
FCF margin-397.8%

Returns & leverage

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Return on equity-145.6%-62.6pp
Debt / equity-0.1×
Current ratio13.3×+11.6×

Where this comes from

Reported directly by Safe Pro Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent.

The official record: Safe Pro Group Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Safe Pro Group Inc.'s allowance for doubtful accounts?
Safe Pro Group Inc. (SPAI) reported allowance for doubtful accounts of $142.53K in Q1 2026.
How has Safe Pro Group Inc.'s allowance for doubtful accounts changed year-over-year?
Safe Pro Group Inc.'s allowance for doubtful accounts decreased by 0.0% year-over-year, from $142.53K to $142.53K.
What is the long-term trend for Safe Pro Group Inc.'s allowance for doubtful accounts?
Over 2 years (2023 to 2025), Safe Pro Group Inc.'s allowance for doubtful accounts has grown at a 0.0% compound annual growth rate (CAGR), from $142.53K to $142.53K.
What does allowance for doubtful accounts mean?
This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to collect. It reflects management's assessment of credit risk and the historical reliability of its customer base. A rising allowance relative to total receivables may indicate deteriorating credit quality or economic headwinds.