AXE COMPUTE INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
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 31, 2025
AGPU$7.64+1.9%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 Statements of Net Loss
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $1,623,817 | $1,627,697 |
| Cost of sales | 826,137 | 609,212 |
| Gross profit | 797,680 | 1,018,485 |
| Operating expenses: | ||
| General and administrative expense | 7,419,892 | 8,380,917 |
| Operations expense | 2,851,045 | 3,268,165 |
| Sales and marketing expense | 1,466,213 | 1,487,139 |
| Total operating expenses | 11,737,150 | 13,136,221 |
| Total operating (loss) | (10,939,470) | (12,117,736) |
| Other income | 89,367 | 152,685 |
| Other expense | (11,478) | (64,967) |
| Gain on derivative instruments | 1,376 | 12,457 |
| Loss from continuing operations | (10,860,205) | (12,017,561) |
| Loss from discontinued operations | (1,804,183) | (1,966,406) |
| Net (loss) | $(12,664,388) | $(13,983,967) |
| Loss per common share, basic and diluted: | ||
| Loss from continuing operations | (1.99) | (2.99) |
| Loss from discontinued operations | (0.33) | (0.49) |
| Net (loss) per common share, basic and diluted | $(2.32) | $(3.48) |
| Weighted average shares used in computation – basic and diluted | 5,453,632 | 4,014,848 |
CONSOLIDATED STATEMENT OF STOCKHOLDERS’** EQUITY
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.