UAS Drone Corp., a Nevada corporation (the “Company”, “UAS”, “we”, “us”, or similar terms), headquartered in Palm Beach, Florida, was founded in 2014 as Unlimited Aerial Systems, LLP (“UAS LLP”). We completed an Asset Purchase Agreement on March 31, 2015, purchasing all the assets and certain liabilities of UAS LLP in exchange for 600,000 shares of our common stock and our assumption of certain liabilities of UAS LLP. Our mailing address is 420 Royal Palm Way, Suite 100, Palm Beach, FL 33480, and our telephone number is 561-693-1424. Our web site address is www.uasdronecorp.com.
Company profile
Ticker
USDR
Exchange
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Boeing • Joby Aviation • Lilium • AeroVironment • Vertical Aerospace • AgEagle Aerial Systems • Archer Aviation • Bantec • Eve Holding • PONO Capital ...
SEC CIK
Corporate docs
Subsidiaries
Duke Robotics, Inc. • Duke Airborne Systems Ltd. ...
IRS number
473052410
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
9 Jan 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Other Events
15 Aug 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
10-Q
2022 Q1
Quarterly report
4 May 22
8-K
Entry into a Material Definitive Agreement
8 Apr 22
10-K
2021 FY
Annual report
7 Mar 22
10-Q
2021 Q3
Quarterly report
5 Nov 21
10-Q
2021 Q2
Quarterly report
12 Aug 21
S-8
Registration of securities for employees
21 Jun 21
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 3.01 mm | 3.01 mm | 3.01 mm | 3.01 mm | 3.01 mm | 3.01 mm |
| Cash burn (monthly) | 48.00 k | 60.00 k | 78.00 k | 84.00 k | 48.00 k | 57.50 k |
| Cash used (since last report) | 200.54 k | 250.67 k | 325.87 k | 350.94 k | 200.54 k | 240.23 k |
| Cash remaining | 2.81 mm | 2.76 mm | 2.68 mm | 2.66 mm | 2.81 mm | 2.77 mm |
| Runway (months of cash) | 58.5 | 46.0 | 34.4 | 31.7 | 58.5 | 48.2 |
Institutional ownership, Q1 2021
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Jul 22 | Sagiv Aharon | Common Stock | Other | Dispose J | No | No | 0 | 157,094 | 0.00 | 4,904,537 |