$SSGC

SafeSpace Global Corp

CIK:0001584693|SEC Filings

Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2026	Apr. 30, 2025
Income Statement [Abstract]
Revenue, net	$ 11,258		$ 11,258
Cost of revenue	(39,271)		(39,271)
GROSS MARGIN	(28,013)		(28,013)
OPERATING EXPENSES:
Selling, general and administrative	2,083,700	939,226	4,472,205	1,753,240
Stock-based compensation	154,981	363,555	606,710	1,244,302
Depreciation expense	1,448		10,953
Amortization of intangibles	690	122,002	2,068	299,953
Impairment of intangibles	1,222,580		1,222,580	46,225
Total operating expenses	3,463,399	1,424,783	6,314,516	3,343,720
OPERATING LOSS	(3,491,412)	(1,424,783)	(6,342,529)	(3,343,720)
OTHER INCOME (EXPENSE):
Extinguishment of liabilities		113,645		113,645
Interest expense		(6,872)		(38,509)
Interest income	23,406	7,367	132,536	7,367
Total other income (expense)	23,406	114,140	132,536	82,503
NET LOSS	$ (3,468,006)	$ (1,310,643)	$ (6,209,993)	$ (3,261,217)
NET LOSS PER COMMON SHARE
Basic	$ (0.02)	$ (0.01)	$ (0.03)	$ (0.03)
Diluted	$ (0.02)	$ (0.01)	$ (0.03)	$ (0.03)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic	189,551,213	165,259,474	188,138,280	121,402,192
Diluted	189,551,213	165,259,474	188,138,280	121,402,192

Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Apr. 30, 2026	Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (6,209,993)	$ (3,261,217)
Adjustments to reconcile loss to net cash used in operating activities:
Amortization expense	2,068	299,953
Depreciation expense	13,441
Right-of-use asset amortization expense	69,647
Stock-based compensation	606,710	1,244,302
Shares issued for services		91,500
Impairment of intangibles	1,222,580	46,225
Extinguishment of liabilities		(113,645)
Changes in operating assets and liabilities:
Accounts receivable, net	(7,206)	14,000
Prepaid expenses	(264,309)	(38,887)
Accounts payable and accrued expenses	(19,207)	82,356
Accounts payable and accrued expenses, related party	(7,831)	(137,969)
Payroll related liabilities	19,939	19,377
Operating lease liability	(32,842)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES	(4,607,003)	(1,754,005)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for development of intangible assets	(969,985)
Cash paid for capital expenditures	(230,930)
NET CASH USED BY INVESTING ACTIVITIES	(1,200,915)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock		10,172,074
Principal payments on note payable		(50,000)
Principal payments on related party notes		(410,207)
Notes payable, related parties		(2,080)
NET CASH PROVIDED BY FINANCING ACTIVITIES		9,709,787
Net change in cash and cash equivalents	(5,807,918)	7,955,782
Cash and cash equivalents, beginning of period	7,546,390	175,562
Cash and cash equivalents, end of period	1,738,472	8,131,344
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest, related party		65,074
SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES
Right-of-use asset, tenant improvement allowance, and lease liability additions	762,288
Issuance of common stock for payment of accrued expenses		28,124
Shares issued for extinguishment of convertible debt		$ 175,000

Interim Condensed Consolidated Balance Sheets - USD ($)	Apr. 30, 2026	Jul. 31, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 1,738,472	$ 7,546,390
Accounts receivable, net	7,206
Prepaid expenses	358,353	94,044
Tenant improvement allowance receivable	5,705
Total current assets	2,109,736	7,640,434
OTHER ASSETS:
Property and equipment, net	217,489
Right-of-use asset, net	643,811
Intangibles, net	35,806	290,469
Total assets	3,006,842	7,930,903
CURRENT LIABILITIES
Operating lease liability	34,500
Total current liabilities	393,412	366,011
OTHER LIABILITIES:
Operating lease liability	651,821
Total current and total liabilities	1,045,233	366,011
STOCKHOLDERS’ EQUITY:
Preferred stock par value $0.001; 30,000,000 shares authorized; no shares issued or outstanding.
Common stock par value $0.001; 300,000,000 shares authorized; 189,870,763 and 185,497,862 shares issued and outstanding as of April 30, 2026 and July 31, 2025, respectively	189,871	185,498
Additional paid-in capital	28,934,954	28,332,617
Accumulated deficit	(27,163,216)	(20,953,223)
Total stockholders’ equity	1,961,609	7,564,892
Total liabilities and stockholders’ equity	3,006,842	7,930,903
Nonrelated Party [Member]
CURRENT LIABILITIES
Accounts payable and accrued expenses	358,912	358,180
Related Party [Member]
CURRENT LIABILITIES
Accounts payable and accrued expenses		$ 7,831