Rocket One 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
RKTO$0.38-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 2024 and 2023
CONSOLIDATED BALANCE SHEETS
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (As Restated) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $7,038,923 | $9,292,352 |
| Prepaid expenses and other current assets | 605,948 | 858,126 |
| Total Current Assets | 7,644,871 | 10,150,478 |
| NON-CURRENT ASSETS: | ||
| Operating lease right-of-use asset, net | 31,075 | 55,165 |
| Investment in joint ventures at fair value | 36,819 | 37,400 |
| Total Non-Current Assets | 67,894 | 92,565 |
| Total Assets | $7,712,765 | $10,243,043 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $412,071 | $35,592 |
| Accrued expenses | 390,760 | 614,226 |
| Operating lease liability, current portion | 28,366 | 28,839 |
| Total Current Liabilities | 831,197 | 678,657 |
| LONG-TERM LIABILITIES: | ||
| Operating lease liability, less current portion | 2,709 | 26,326 |
| Total Long-Term Liabilities | 2,709 | 26,326 |
| Total Liabilities | 833,906 | 704,983 |
| Commitments and Contingencies (Note 6) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 3,000,000 shares undesignated; 0 shares issued and outstanding as of December 31, 2024 and 2023 | - | - |
| Series A Convertible Preferred Stock, $0.0001 par value; 5,000,000 shares designated; 0 shares issued and outstanding on December 31, 2024 and 2023 | - | - |
| Series B Preferred Stock, $0.0001 par value; 2,000,000 shares designated; 0 shares issued and outstanding on December 31, 2024 and 2023 | - | - |
| Common stock, $0.0001 par value; 50,000,000 shares authorized; 8,042,747 and 4,348,129 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 804 | 435 |
| Additional paid-in capital | 67,279,033 | 61,732,106 |
| Accumulated deficit | (60,410,041) | (52,221,741) |
| Accumulated other comprehensive income | 9,063 | 27,260 |
| Total Stockholders’ Equity | 6,878,859 | 9,538,060 |
| Total Liabilities and Stockholders’ Equity | $7,712,765 | $10,243,043 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.