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Balance Sheet Accounts | 12 Months Ended
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Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Balance Sheet Accounts | Note 3 - Balance Sheet Accounts Accounts Receivable, Net As of December 31, 2024 and 2023, accounts receivable, net consist of the following: Schedule of Accounts Receivable, Net
|  | December 31, 2024 |  |  | December 31, 2023 |
Accounts receivable |  | $ | 1,448,935 |  |  | $ | 2,216,235 |
Less: Allowance for credit losses* |  |  | (16,465 | ) |  |  | (158,689 | )
Accounts receivable, net |  | $ | 1,432,470 |  |  | $ | 2,057,546 |
* | Allowance for credit losses - Accounts receivable, net represent amounts billed and due from customers. Substantially all accounts receivable on December 31, 2024 are expected to be collected in 2025.
Customer Concentration Customers comprising more than 10% of the Company’s total revenue are summarized below: Schedule of Customer Concentration
|  | Percent of total accounts receivable for years ended December 31, |
Customers |  | 2024 |  |  | 2023 |
Customer A |  |  | 15.7 | % |  |  | — |
Customer B |  |  | — |  |  |  | 10.1 | %
Inventories, Net As of December 31, 2024 and 2023, inventories, net consist of the following: Schedule of Inventories
|  | December 31, |
|  | 2024 |  |  | 2023 |
Raw materials |  | $ | 3,488,703 |  |  | $ | 4,648,966 |
Work in process |  |  | 912,397 |  |  |  | 903,217 |
Finished goods |  |  | 1,527,975 |  |  |  | 1,806,239 |
Gross inventories |  |  | 5,929,075 |  |  |  | 7,358,422 |
Less: Provision for obsolescence |  |  | (453,218 | ) |  |  | (421,442 | )
Inventories, net |  | $ | 5,475,857 |  |  | $ | 6,936,980 |
AGEAGLE AERIAL SYSTEMS INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 Note 3 - Balance Sheet Accounts– Continued Property and Equipment, Net Property and Equipment is recorded at cost. Depreciation is computed using the straight-line method over estimated useful lives of three to five years. Expenses for maintenance and repairs are charged to expenses as incurred. As of December 31, 2024 and 2023, property and equipment, net consist of the following: Schedule of Property and Equipment, Net
|  | Estimated Useful Life |  | December 31, |
Type |  | (Years) |  | 2024 |  |  | 2023 |
Leasehold improvements |  | 3 |  | $ | 89,272 |  |  | $ | 136,382 |
Production tools and equipment |  | 5 |  |  | 874,995 |  |  |  | 1,003,726 |
Computer and office equipment |  | 3-5 |  |  | 359,113 |  |  |  | 407,747 |
Furniture |  | 5 |  |  | 58,880 |  |  |  | 74,420 |
Drone equipment |  | 3 |  |  | 130,163 |  |  |  | 170,109 |
Total property and equipment |  |  |  |  | 1,512,423 |  |  |  | 1,792,384 |
Less: Accumulated depreciation |  |  |  |  | (1,056,831 | ) |  |  | (992,492 | )
Total property and equipment, net |  |  |  | $ | 455,592 |  |  | $ | 799,892 |
For the years ended December 31, 2024 and 2023, depreciation expense is classified within the consolidated statements of operations and comprehensive loss as follows: Schedule of Property and Equipment Depreciation Expense
|  | For the Years Ended December 31, |
Type |  | 2024 |  |  | 2023 |
General and administrative |  | $ | 345,002 |  |  | $ | 257,092 |
Accrued Liabilities As of December 31, 2024 and 2023, accrued liabilities consist of the following: Schedule of Accrued Expenses
|  | December 31, |
|  | 2024 |  |  | 2023 |
Accrued purchases |  | $ | — |  |  | $ | 290,126 |
Accrued compensation and related liabilities |  |  | 569,079 |  |  |  | 278,794 |
Provision for warranty expense |  |  | 258,122 |  |  |  | 303,217 |
Accrued dividends |  |  | 746,666 |  |  |  | 512,227 |
Accrued professional fees |  |  | 652,530 |  |  |  | 211,086 |
Accrued interest |  |  | 47,123 |  |  |  | 326,945 |
Other |  |  | 87,255 |  |  |  | 21,957 |
Total accrued liabilities |  | $ | 2,360,775 |  |  | $ | 1,944,352 |
AGEAGLE AERIAL SYSTEMS INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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