KNOXVILLE, TN., March 20, 2026 (GLOBE NEWSWIRE) — SafeSpace World Company (OTCID: SSGC) (SafeSpace World or the Firm), a pacesetter in multimodal AI-powered security and safety options firm devoted to security innovation throughout a number of industries, on March 17, 2026 introduced the submitting of its Quarterly Report on Kind 10-Q for the quarter ended January 31, 2026 (Q2 FY2026) with the U.S. Securities and Trade Fee.
Q2 FISCAL 2026 | KEY HIGHLIGHTS
Transition to Income-Producing Stage: SafeSpace has efficiently exited its pre-revenue section, having deployed AI security options throughout its first of 4 core verticals, marking a major operational milestone.Nashville Workplace Growth: The Firm introduced the opening of further workplace area in Nashville, Tennessee, reflecting accelerating industrial momentum and geographic development to help scaling partnerships.Uplisting Initiative: SafeSpace has initiated the company governance course of required for a nationwide inventory change itemizing, together with searching for shareholder approval; a transfer designed to broaden investor entry and improve the Firm’s capital markets profile.Sturdy Working Capital Place: Working capital surplus of $3.6 million as of January 31, 2026, offering the Firm with a stable monetary basis to execute its development technique.Vital Asset Construct-Out: Whole intangible property, web, elevated to $1.26 million (from $290,469 at fiscal year-end July 31, 2025), pushed by continued funding in proprietary know-how and patents.Working Expense Discount in Q2: Whole working bills for Q2 decreased 7% year-over-year to $1.16 million, reflecting early-stage value self-discipline even because the crew scaled.Curiosity Revenue Generated: The Firm generated $109,130 in curiosity earnings for the six-month interval, reflecting prudent administration of its money balances.Zero Debt: All excellent debt has been absolutely repaid, leading to no curiosity expense and a clear stability sheet.189.4 Million Shares Excellent: As of March 12, 2026, with 189,429,097 frequent shares excellent.
MANAGEMENT COMMENTARY
“This quarter represents a defining inflection point for SafeSpace Global,” mentioned Scott M. Boruff, Chief Govt Officer. “After spending the past year systematically building out our four vertical markets; laying the technology, partnerships, and client infrastructure required to scale, we have now entered the revenue-generating phase of our commercial journey. The opening of our Nashville office is a direct reflection of that progress, as is the board’s decision to initiate the shareholder approval process for certain required action as part of its Corporate Governance undertakings for uplisting to a national exchange. We believe these milestones, taken together, position SafeSpace for rapid and meaningful growth in the months ahead.”
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“Our balance sheet remains strong, with over $5.6 million in total assets and $3.6 million in working capital as of January 31, 2026 and zero debt ,” Scott M. Boruff continued. “This financial stability, combined with the strategic partnerships and client relationships we have and will continue to establish across our verticals, gives us the confidence and the runway to scale aggressively. We look forward to sharing further updates on revenue progress and expansion milestones as we execute on our growth plan.”
SUMMARY FINANCIAL RESULTS | SIX MONTHS ENDED JANUARY 31, 2026
The next desk presents chosen unaudited monetary information for the six months ended January 31, 2026 in contrast with the prior-year-end interval:
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Stability Sheet (as of January 31, 2026 vs. July 31, 2025)
Money and money equivalents: $3,861,070 (vs. $7,546,390 at July 31, 2025; reflecting funding in capital expenditures and operations)Whole present property: $3,960,157Total property: $5,646,993Total present liabilities: $320,725; a lower of $45,286 from $366,011 on July 31, 2025Working capital surplus: $3,639,432 (vs. $7,274,432 at July 31, 2025)Whole stockholders’ fairness: $5,326,268
Revenue Assertion (Six Months Ended January 31, 2026 vs. 2025)
Whole working bills: $2,851,117 vs. $1,918,937; improve displays full-scale build-out of operations, headcount, and go-to-market infrastructureInterest earnings: $109,130 vs. $0; new, reflecting money balances from prior fairness raisesInterest expense: $0 vs. $(31,637); all debt extinguished)Web loss: $(2,741,987) vs. $(1,950,574)Web loss per frequent share (primary and diluted): $(0.01) vs. $(0.02)Weighted common frequent shares excellent: 186,831,829
Investing Exercise
Capital expenditures of $1,238,678 (Throughout Six Months Ended January 31, 2026); important funding in gear and intangible property to construct four-vertical industrial infrastructure; no materials capital expenditure commitments excellent as of January 31, 2026.
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BUSINESS UPDATE: FOUR VERTICALS POSITIONED TO SCALE
SafeSpace World has spent the previous fiscal yr executing a deliberate build-out technique throughout its 4 key goal verticals, every of which makes use of the Firm’s proprietary multimodal AI monitoring and security platform. With industrial deployments now underway, SafeSpace World is positioned to speed up income development by means of its rising community of strategic partnerships and direct consumer relationships.
The Firm’s superior AI platform is designed to reinforce situational consciousness and security outcomes, scale back operational threat, and enhance care effectivity; capabilities which are broadly relevant throughout the verticals it serves. Administration believes this cross-sector method creates a number of unbiased pathways to income whereas amplifying the general industrial potential of the SafeSpace know-how ecosystem.
STRATEGIC UPDATES: NASHVILLE EXPANSION & NATIONAL EXCHANGE UPLISTING
SafeSpace not too long ago introduced the opening of further workplace area in Nashville, Tennessee. This enlargement positions the Firm to raised serve shoppers and companions in a strategically necessary market, and displays the operational scaling underway because the Firm transitions from improvement to industrial execution.
In parallel, the Firm’s board of administrators has initiated the method of searching for shareholder approval in reference to the Firm’s company governance necessities for uplisting to a nationwide inventory change. Administration believes that itemizing on a nationwide change would broaden the Firm’s investor base, enhance buying and selling liquidity, and improve the general visibility and credibility of the SafeSpace model with institutional buyers and strategic companions.
FULL FILING AVAILABILITY
Readers are inspired to assessment the Firm’s full 10-Q submitting, obtainable at www.sec.gov, for an entire dialogue of dangers and uncertainties.
SafeSpace World Company’s Quarterly Report on Kind 10-Q for the interval ended January 31, 2026 is on the market at https://www.sec.gov/Archives/edgar/information/1584693/000149315226010534/form10-q.htm and on the OTC Markets web site below the ticker: SSGC.
ABOUT SAFESPACE GLOBAL CORPORATION
SafeSpace World Company (OTCID: SSGC) is a publicly traded know-how firm offering proprietary multimodal, superior, AI security options of their mission to assist save lives. The Firm’s platform delivers superior risk detection, incident notification, and complete safety capabilities designed to guard folks and property throughout a number of sectors, verticals and use-cases.
As of February 2026, SafeSpace World is producing recurring month-to-month income by means of service contracts with senior dwelling amenities using its AI-powered security monitoring platform. The Firm now has places of work in each Knoxville and Nashville, Tennessee.
SafeSpace World Company: https://www.safespaceglobal.ai
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press launch accommodates forward-looking statements throughout the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934. These statements contain recognized and unknown dangers, uncertainties, and different components that will trigger the Firm’s precise outcomes, efficiency, or achievements to be materially totally different from any future outcomes, performances, or achievements expressed or implied by the forward-looking statements. Ahead-looking statements embrace, however should not restricted to, statements relating to income era, industrial enlargement, partnership improvement, the Firm’s uplisting initiative, and future monetary efficiency. SafeSpace World Company undertakes no obligation to replace or revise any forward-looking statements, whether or not because of new info, future occasions, or in any other case, besides as required by relevant legislation. Traders are cautioned to not place undue reliance on these forward-looking statements.
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