Safe & Green (SGBX) 8-K Safe & Green Holdings Enters Definitive Agreement to Merge with Olenox and Machfu.com

Exhibit 99.2

SGBX/Olenox Combined Profoma P&L

SGBX/OLENOX	Q1 2025			Q2 2025			Q3 2025			Q4 2025			2025 TOTAL			Q1 2026
SG Echo (SGBX)
Total Sales	$	1,100,000		$	2,250,000		$	6,350,000		$	4,650,000		$	14,350,000		$	13,889,969
Total Materials	$	(679,250	)	$	(1,311,750	)	$	(3,666,239	)	$	(2,785,796	)	$	(8,443,035	)	$	(7,868,668	)
Total Direct Labor	$	(165,000	)	$	(337,500	)	$	(952,500	)	$	(697,500	)	$	(2,152,500	)	$	(2,083,495	)
Total Overhead	$	(982,484	)	$	(1,023,236	)	$	(1,300,300	)	$	(1,431,512	)	$	(4,737,532	)	$	(1,554,513	)
Operating Profit	$	(726,734	)	$	(422,486	)	$	430,960		$	(264,808	)	$	(983,067	)	$	2,383,294
SG Holdings (SGBX)
Total SG Holdings	$	1,557,500		$	957,500		$	(442,500	)	$	985,000		$	3,057,500		$	(1,155,000	)
Combined Total SGBX	$	830,766		$	535,014		$	(11,540	)	$	720,192		$	2,074,433		$	1,228,294
NAHD/OLENOX
Total Sales	$	952,954		$	1,623,704		$	1,380,454		$	2,247,854		$	6,204,966		$	2,452,667
Total Materials	$	202,608		$	642,608		$	251,608		$	519,608		$	1,616,430		$	557,884
Total Direct Labor	$	614,440		$	614,440		$	614,440		$	614,440		$	2,457,762		$	768,051
Total Overhead	$	439,897		$	399,152		$	373,722		$	412,984		$	1,625,755		$	415,145
Total Olenox (NAHD)	$	(303,991	)	$	(32,496	)	$	140,684		$	700,822		$	505,019		$	711,587
Combined Total SGBX & Olenox/NAHD	$	526,775		$	502,518		$	129,144		$	1,421,014		$	2,579,452		$	1,939,881

SGBX & OLENOX (NAHD) Combined Proforma Balance Sheet	Pro Forma Post Merger			Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026
ASSETS
Current assets:
Cash and cash equivalents	$	440,000		$	700,000		$	950,000		$	1,000,000		$	1,725,000		$	2,695,000
Accounts receivable	$	1,371,490		$	1,634,878		$	1,886,137		$	1,950,709		$	2,661,216		$	3,631,156
Inventory	$	960,000		$	1,000,000		$	1,200,000		$	1,300,000		$	1,400,000		$	1,500,000
Contract assets	$	2,500		$	2,500		$	2,500		$	2,500		$	2,500		$	2,500
Prepaid expenses	$	211,000		$	150,000		$	125,000		$	110,000		$	100,000		$	90,000
Other current Assets	$	2,635,752		$	2,500,000		$	2,250,000		$	2,000,000		$	1,800,000		$	1,750,000
Total current assets	$	5,620,742		$	5,987,378		$	6,413,637		$	6,363,209		$	7,688,716		$	9,668,656
NON-CURRENT ASSETS
Property and equipment, net	$	7,232,077		$	7,232,077		$	7,232,077		$	7,232,077		$	7,232,077		$	7,232,077
Right of use asset	$	53,050,315		$	53,050,315		$	53,050,315		$	53,050,315		$	53,050,315		$	53,050,315
Intangible assets, net	$	12,847		$	12,847		$	12,847		$	12,847		$	12,847		$	12,847
Long-term investment	$	2,522,056		$	2,500,000		$	2,500,000		$	2,500,000		$	2,500,000		$	2,500,000
Goodwill	$	2,750,000		$	2,750,000		$	2,750,000		$	2,750,000		$	2,750,000		$	2,750,000
Other non-current assets	$	5,196,432		$	5,195,000		$	5,195,000		$	5,195,000		$	5,195,000		$	5,195,000
Total non-current assets	$	70,763,727		$	70,740,239		$	70,740,239		$	70,740,239		$	70,740,239		$	70,740,239
Total assets	$	76,384,469		$	76,727,617		$	77,153,876		$	77,103,448		$	78,428,955		$	80,408,895
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expense	$	8,803,087		$	7,000,000		$	6,000,000		$	5,000,000		$	4,000,000		$	3,000,000
Contract liabilities	$	596,082		$	596,082		$	596,082		$	596,082		$	596,082		$	596,082
Due to related party -current	$	3,087,220		$	0		$	0		$	0		$	0		$	0
Deferred Revenue	$	552,500		$	552,500		$	552,500		$	552,500		$	552,500		$	552,500
Lease liability - current	$	133,311		$	133,311		$	133,311		$	133,311		$	133,311		$	133,311
Notes payable - current	$	2,467,244		$	2,467,244		$	2,467,244		$	2,467,244		$	2,467,244		$	2,467,244
Notes payable - related party	$	108,221		$	108,221		$	108,221		$	108,221		$	108,221		$	108,221
Total current liabilities	$	15,747,665		$	10,857,358		$	9,857,358		$	8,857,358		$	7,857,358		$	6,857,358
Non-Current liabilities:
Due to related party - noncurrent	$	1,015,778		$	0		$	0		$	0		$	0		$	0
Notes payable - noncurrent	$	6,257,184		$	6,257,184		$	6,257,184		$	6,257,184		$	6,257,184		$	6,257,184
Convertible notes payable, noncurrent	$	899,932		$	899,932		$	899,932		$	899,932		$	899,932		$	899,932
Total non-current liabilities	$	8,172,894		$	7,157,116		$	7,157,116		$	7,157,116		$	7,157,116		$	7,157,116
Total liabilities	$	23,920,559		$	18,014,474		$	17,014,474		$	16,014,474		$	15,014,474		$	14,014,474
Stockholders' equity:
Preferred stock, $1.00 par value	$	0		$	0		$	0		$	0		$	0		$	0
Common stock, $0.01 par value	$	60,384		$	60,384		$	60,384		$	60,384		$	60,384		$	60,384
Current Period Net Income	$	640,687		$	526,775		$	502,518		$	129,144		$	1,421,014		$	1,939,881
Additional Paid-in Capital	$	165,121,181		$	170,843,032		$	171,766,773		$	172,587,201		$	173,491,694		$	174,531,754
Treasury stock	$	(92,396	)	$	(92,396	)	$	(92,396	)	$	(92,396	)	$	(92,396	)	$	(92,396	)
Accumulated deficit	$	(113,265,340	)	$	(112,624,653	)	$	(112,097,878	)	$	(111,595,359	)	$	(111,466,215	)	$	(110,045,201	)
Accumulated other comprehensive income	$	(606	)	$	0		$	0		$	0		$	0		$	0
Non-controlling interests	$	0		$	0		$	0		$	0		$	0		$	0
Total stockholders' equity	$	52,463,910		$	58,713,142		$	60,139,402		$	61,088,974		$	63,414,481		$	66,394,422
Total liabilities and stockholders' equity	$	76,384,469		$	76,727,616		$	77,153,876		$	77,103,448		$	78,428,955		$	80,408,896