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Segment Information | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment Information | Note 16 – Segment Information Operating segments are defined as components of an entity for which separate financial information is available and that is regularly provided to the Chief Operating Decision Maker (CODM) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is the Company’s CODM. The CODM reviews financial information presented by operating segment in making operating decisions, allocating resources, and evaluating financial performance. The Company conducts the business through the following three operating segments: Drones, Sensors and SaaS. The accounting policies of the operating segments are the same as those described in Note 2. Non-allocated administrative and other expenses are reflected in Corporate. Corporate assets include cash, prepaid expenses, notes receivable, right of use asset and other assets. As of December 31, 2024 and 2023 and for the years then ended, operating information about the Company’s reportable segments consisted of the following: Goodwill and Assets Schedule of Goodwill and Assets
|  | Corporate |  |  | Drones |  |  | Sensors |  |  | SaaS |  |  | Total |
As of December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | — |  |  | $ | — |  |  | $ | 4,459,644 |  |  | $ | — |  |  | $ | 4,459,644 |
Assets |  | $ | 3,804,628 |  |  | $ | 7,028,158 |  |  | $ | 9,744,152 |  |  | $ | 4,616 |  |  | $ | 20,581,554 |
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | — |  |  | $ | — |  |  | $ | 7,402,644 |  |  | $ | — |  |  | $ | 7,402,644 |
Assets |  | $ | 1,148,638 |  |  | $ | 8,666,641 |  |  | $ | 15,260,263 |  |  | $ | 80,359 |  |  | $ | 25,155,901 |
AGEAGLE AERIAL SYSTEMS INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 Note 16 – Segment Information- Continued Net (Loss) Income Schedule of Net (Loss) Income
|  | Corporate |  |  | Drones |  |  | Sensors |  |  | SaaS |  |  | Total |
Year ended December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | — |  |  | $ | 6,410,305 |  |  | $ | 6,663,196 |  |  | $ | 319,276 |  |  | $ | 13,392,777 |
Cost of sales |  |  | — |  |  |  | 3,288,665 |  |  |  | 3,534,296 |  |  |  | 281,180 |  |  |  | 7,104,141 |
Compensation and related expenses |  |  | 457,324 |  |  |  | 5,643,297 |  |  |  | 1,325,552 |  |  |  | 827,418 |  |  |  | 8,253,591 |
Professional fees |  |  | 656,699 |  |  |  | 794,842 |  |  |  | 634,186 |  |  |  | 271,888 |  |  |  | 2,357,615 |
Other operating expenses |  |  | 2,701,359 |  |  |  | 1,946,947 |  |  |  | 451,447 |  |  |  | 270,046 |  |  |  | 5,369,799 |
Impairment charge |  |  | — |  |  |  | — |  |  |  | 2,943,000 |  |  |  | — |  |  |  | 2,943,000 |
Loss from operations |  | $ | (3,815,382 | ) |  | $ | (5,263,446 | ) |  | $ | (2,225,285 | ) |  | $ | (1,331,256 | ) |  | $ | (12,635,369 | )
Other income (expense), net |  |  | (22,331,474 | ) |  |  | (60,841 | ) |  |  | (13,989 | ) |  |  | — |  |  |  | (22,406,304 | )
Net loss |  | $ | (26,146,856 | ) |  | $ | (5,324,287 | ) |  | $ | (2,239,274 | ) |  | $ | (1,331,256 | ) |  | $ | (35,041,673 | )
Year ended December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | — |  |  | $ | 6,197,049 |  |  | $ | 7,100,419 |  |  | $ | 443,930 |  |  | $ | 13,741,398 |
Cost of sales |  |  | — |  |  |  | 3,770,886 |  |  |  | 3,439,350 |  |  |  | 1,067,922 |  |  |  | 8,278,158 |
Compensation and related expenses |  |  | 687,487 |  |  |  | 7,292,243 |  |  |  | 2,438,643 |  |  |  | 406,682 |  |  |  | 10,825,055 |
Professional fees |  |  | 268,439 |  |  |  | 824,207 |  |  |  | 479,912 |  |  |  | — |  |  |  | 1,572,558 |
Other operating expenses |  |  | 6,473,857 |  |  |  | 3,597,527 |  |  |  | 373,887 |  |  |  | 15,108 |  |  |  | 10,460,379 |
Impairment charge |  |  | — |  |  |  | — |  |  |  | 15,856,055 |  |  |  | 5,899,305 |  |  |  | 21,755,360 |
Loss from operations |  | $ | (7,429,783 | ) |  | $ | (9,287,814 | ) |  | $ | (15,487,428 | ) |  | $ | (6,945,087 | ) |  | $ | (39,150,112 | )
Other income (expense), net |  |  | (2,060,844 | ) |  |  | (211,698 | ) |  |  | (998,580 | ) |  |  | (503 | ) |  |  | (3,271,625 | )
Net loss |  | $ | (9,490,627 | ) |  | $ | (9,499,512 | ) |  | $ | (16,486,008 | ) |  | $ | (6,945,590 | ) |  | $ | (42,421,737 | )
Other segment expenses are primarily comprised of software and IT related subscriptions, rent, insurance, listing fees to be public, and other general and administrative costs. Revenues by Geographic Area Schedule of Geographical Revenues
|  | Drones |  |  | Sensors |  |  | SaaS |  |  | Total |
Year ended December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,806,630 |  |  | $ | 1,956,620 |  |  | $ | 310,633 |  |  | $ | 4,073,883 |
Latin America |  |  | 1,040,864 |  |  |  | 284,509 |  |  |  | 5,185 |  |  |  | 1,330,558 |
Europe, Middle East and Africa |  |  | 3,299,302 |  |  |  | 2,863,566 |  |  |  | 495 |  |  |  | 6,163,363 |
Asia Pacific |  |  | 263,509 |  |  |  | 1,367,301 |  |  |  | 2,468 |  |  |  | 1,633,278 |
Other |  |  | — |  |  |  | 191,200 |  |  |  | 495 |  |  |  | 191,695 |
Total |  | $ | 6,410,305 |  |  | $ | 6,663,196 |  |  | $ | 319,276 |  |  | $ | 13,392,777 |
Year ended December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 2,169,983 |  |  | $ | 2,655,443 |  |  | $ | 407,490 |  |  | $ | 5,232,916 |
Latin America |  |  | 1,571,956 |  |  |  | 256,524 |  |  |  | 28,671 |  |  |  | 1,857,151 |
Europe, Middle East and Africa |  |  | 2,183,763 |  |  |  | 2,957,644 |  |  |  | 1,254 |  |  |  | 5,142,661 |
Asia Pacific |  |  | 271,347 |  |  |  | 1,117,485 |  |  |  | 6,515 |  |  |  | 1,395,347 |
Other |  |  | — |  |  |  | 113,323 |  |  |  | — |  |  |  | 113,323 |
Total |  | $ | 6,197,049 |  |  | $ | 7,100,419 |  |  | $ | 443,930 |  |  | $ | 13,741,398 |

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