USBC, Inc.
For the period ended Mar 31, 2026. Filed May 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 13, 2026
USBC$0.37-3.3%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 Statements of Changes in Stockholders’(Deficit Equity
| Series C ConvertiblePreferred Stock · Series D ConvertiblePreferred Stock · Series H ConvertiblePreferred Stock · Common Stock · AdditionalPaid inCapital · AccumulatedDeficit · TotalStockholders'(Deficit)/Equity | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · $ · Shares · $ · Share · $ · Shares(1) · $ | |||||||||||||||||||||
| Balance as of December 31, 2024 | 17,858 | $1,790 | 10,161 | $1,015 | - | $ | - | 2,779,149 | $111,089 | $139,405,148 | $(143,433,942) | $(3,914,900) | |||||||||
| Stock compensation expense | - | - | - | - | - | - | - | - | 593,681 | - | 593,681 | ||||||||||
| Deemed dividends on Series C and D Preferred Stock | - | - | - | - | - | - | - | - | 23,662 | (23,662) | - | ||||||||||
| Issuance of common stock for At The Market common stock offering | - | - | - | - | - | - | 379,451 | 1,628 | 509,077 | - | 510,705 | ||||||||||
| Issuance of common stock for debt payment | - | - | - | - | - | - | 383,118 | 384 | 505,617 | - | 506,001 | ||||||||||
| Impact of reverse stock split due to rounding | - | - | - | - | - | - | (11) | - | - | - | - | ||||||||||
| Net loss | - | - | - | - | - | - | - | - | - | (3,579,036) | (3,579,036) | ||||||||||
| Balance as of March 31, 2025 | 17,858 | $1,790 | 10,161 | $1,015 | - | $ | - | 3,541,707 | $113,101 | $141,037,185 | $(147,036,640) | $(5,883,549) | |||||||||
| Balance as of December 31, 2025 | - | - | - | - | - | - | 388,143,679 | 388,144 | 271,689,292 | (190,545,661) | 81,531,775 | ||||||||||
| Stock compensation expense | - | - | - | - | - | - | - | - | 3,925,225 | - | 3,925,225 | ||||||||||
| Issuance of common stock for stock option exercises | - | - | - | - | - | - | 750 | - | 330 | - | 330 | ||||||||||
| Net loss | - | - | - | - | - | - | - | - | - | (25,554,769) | (25,554,769) | ||||||||||
| Balance as of March 31, 2026 | - | $ | - | - | $ | - | - | $ | - | 388,144,429 | $388,144 | $275,614,847 | $(216,100,430) | $59,902,561 | |||||||
(1)Information pertaining to the number of shares outstanding and per share data gives retroactive effect to a 1 for 40 reverse stock split that became effective on February 19, 2025.
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