SSGC Research | Milton Maxwell

SSGC

SafeSpace Global Corporation

0.2970

+0.0330+12.5%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

55.84M

P/E (TTM)

Basic EPS (TTM)

-0.04

Dividend Yield

Recent Filings

10-Q

12/15/25Dec 15, 2025

8-K

12/5/25Dec 5, 2025

10-K

FY2025 results

10/29/25Oct 29, 2025

SafeSpace Global posted zero revenue for FY2025 ended July 31, 2025, down from $322,000 in FY2024, as the company poured resources into AI safety tech expansion amid its April rebrand. Operating expenses ballooned 350% to $4.8 million, fueled by executive hires, stock-based comp jumping 744% to $1.6 million, and marketing surges, yielding a net loss that widened sharply year-over-year. Q4 saw sequential momentum in team builds, with key officers like the CTO and CRO joining to drive product pilots, including a transit authority test for 2026 events, while cash reserves hit $6.5 million from $10.8 million in stock sales. No dividends or buybacks; capex focused on $176,000 in software dev, with $500,000 planned next year. Yet rapid tech shifts could stall quarterly pilots.

10-Q

Q3 FY2025 results

6/13/25Jun 13, 2025

SafeSpace Global posted no revenue for Q3 FY2025 ended April 30, 2025, down from $60K a year earlier, while operating expenses surged 444% y/y to $1.4M, driven by higher stock-based compensation and amortization, yielding an operating loss of $1.4M (up 606% y/y) and net loss of $1.3M (up 509% y/y, or $(0.01) per diluted share on 165M shares). For the nine months, the net loss widened to $3.3M from $0.6M y/y, with EPS at $(0.03) matching the diluted share count of 121M. Cash swelled to $8.1M on $10.2M from stock sales, erasing prior debt and funding AI development; free cash flow isn't disclosed in the 10-Q. The rebrand to SafeSpace signals broader safety tech ambitions. Yet competition in AI monitoring could squeeze margins.

8-K

Name change to SafeSpace Global

5/9/25May 9, 2025

SafeSpace Global Corporation amended its Articles of Incorporation on April 17, 2025, rebranding from Healthcare Integrated Technologies Inc. to emphasize AI-driven situational awareness and safety measures. Bylaws were also updated to match, with the new ticker SSGC effective April 24, 2025, on the OTC Pink Market. This signals a strategic pivot to AI leadership. No stockholder action needed.

About

SafeSpace Global Corporation, through its subsidiaries, operates as a multimodal AI technology solutions company in the United States, Europe, Singapore, and India. It offers SafeFace Fall Monitoring, a product that utilizes AI monitoring tools for resident safety in senior living; SafeFace Access Control, a solution that leverages facial recognition to unlock doors for registered staff and visitors; SafeFace Time Compliance, a platform that monitors staff movements, rounds, and care tasks in real time; SafeGuard Wander Protection, which consists of facial recognition cameras; SafeTrace Rapid Investigations, an investigation solution that selects a face to retrieve video clips of the individual across facilities; and SafeSchool, a product that detects weapons and identifies persons of concern through real-time AI-based monitoring. The company was formerly known as Healthcare Integrated Technologies, Inc. and changed its name to SafeSpace Global Corporation in April 2025. SafeSpace Global Corporation was incorporated in 2013 and is based in Knoxville, Tennessee.

CEO

Mr. Scott M. Boruff

IPO

1/8/2021

Website

https://safespaceglobal.ai

Employees

Sector

Technology

Industry

Software - Infrastructure