Guardforce AI Reports Decreased Assets

Guardforce AI Co (GFAI) has released an update.

Guardforce AI Co., Limited has reported a decrease in total assets to $36.2 million as of June 2024, compared to $45.8 million at the end of December 2023. Current assets have seen a significant reduction, while total liabilities have decreased to $12.6 million, with a notable decrease in current liabilities. The equity section reflects an increase in issued and outstanding shares, with a total equity including additional paid-in capital and legal reserves.

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