APPLIED ENERGETICS, INC.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
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Consolidated Statements of Operations
| FOR THE YEARS ENDED DECEMBER 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $2,426,609 | $2,631,443 |
| Cost of revenue | 1,480,093 | 637,697 |
| Gross profit | 946,516 | 1,993,746 |
| Operating expenses | ||
| General and administrative | 9,509,860 | 8,771,901 |
| Selling and marketing | 374,710 | 384,231 |
| Research and development | 239,060 | 233,722 |
| Total operating expenses | 10,123,630 | 9,389,854 |
| Operating loss | (9,177,114) | (7,396,108) |
| Other income/(expense) | ||
| Other income | 2,156 | 45,673 |
| Total other income/(expense) | 2,156 | 45,673 |
| Loss before provision for income taxes | (9,174,958) | (7,350,435) |
| Provision for income taxes | - | - |
| Net loss | (9,174,958) | (7,350,435) |
| Preferred stock dividends | (34,005) | (34,005) |
| Net loss attributable to common stockholders | $(9,208,963) | $(7,384,440) |
| Net loss attributable to common stockholders per common share - basic and diluted | $(0.04) | $(0.03) |
| Weighted average number of common shares outstanding – basic and diluted | 212,891,508 | 211,084,080 |
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