v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 712,906 $ 582,776
Accounts receivable, net 741,299 1,280,456
Contract assets 18,391 36,384
Held for sale assets 4,400,361 4,396,826
Inventories 402,186 465,560
Prepaid expenses and other current assets 826,917 744,211
Total current assets 7,102,060 7,506,213
Property, plant and equipment, net 6,901,417 5,608,903
Project development costs and other non-current assets 603,431 483,546
Goodwill 1,309,330 1,309,330
Right-of-use asset 2,203,659 4,421,002
Long-term note receivable 879,418 857,534
Intangible assets, net 1,951,367 1,997,833
Deferred contract costs, net 40,785 71,374
Investment in non-marketable securities 700,000 700,000
Investment in and advances to equity affiliates 3,642,607 3,599,945
Total Assets 25,334,074 26,555,680
Current liabilities:    
Accounts payable and accrued expenses 6,193,349 4,009,522
Contract liabilities 1,311,002 437,271
Lease liability, current maturities 1,001,138 1,225,394
Assumed liability 20,795 5,795
Short term notes payable, net 7,156,737 2,648,300
Total current liabilities 15,683,021 8,326,282
Long-term note payable 2,500,000 750,000
Lease liability, net of current maturities 734,027 3,039,836
Total liabilities 18,917,048 12,116,118
Stockholders’ equity:    
Preferred stock, $1.00 par value, 5,405,010 shares authorized; none issued or outstanding
Common stock, $0.01 par value, 25,000,000 shares authorized; 16,482,771 issued and 15,948,789 outstanding as of September 30, 2023 and 12,613,978 issued and 12,590,863 outstanding as of December 31, 2022 164,828 126,140
Additional paid-in capital 67,760,551 56,173,977
Treasury stock, at cost – 67,318 shares as of September 30, 2023 and 23,115 shares as of December 31, 2022 (92,396) (49,680)
Accumulated deficit (62,331,370) (41,428,268)
Total Safe & Green Holdings Corp. stockholders’ equity 5,501,613 14,822,169
Non-controlling interest 915,413 (382,607)
Total stockholders’ equity 6,417,026 14,439,562
Total Liabilities and Stockholders’ Equity $ 25,334,074 $ 26,555,680

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