AXE COMPUTE INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
AGPU$7.64+1.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Stockholders’ Equity
FOR THE YEAR ENDED
DECEMBER 31, 2024
| Series B Preferred · Common Stock · Additional Paid-In · Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit | Total | |
| Balance at 12/31/2023 | 79,246 | $792 | 4,062,853 | $40,629 | $175,992,242 | $(167,761,883) | $8,271,780 |
| Issuance of shares to non-employees | - | - | 38,923 | 389 | 98,864 | - | 99,253 |
| Vesting expense, net of forfeitures | - | - | - | - | 1,143 | - | 1,143 |
| Issuance of shares pursuant to At-The-Market financing, net of issuance costs | - | - | 1,607,100 | 16,071 | 3,105,931 | - | 3,122,002 |
| Issuance of shares pursuant to Warrant Inducement Transaction, net of issuance costs | - | - | 958,117 | 9,581 | 958,019 | - | 967,600 |
| Net loss | - | - | - | - | - | (12,664,388) | (12,664,388) |
| Balance at 12/31/2024 | 79,246 | $792 | 6,666,993 | $66,670 | $180,156,199 | $(180,426,271) | $(202,610) |
CONSOLIDATED STATEMENT OF STOCKHOLDERS’** EQUITY**
FOR THE YEAR ENDED
DECEMBER 31, 2023
| Series B Preferred · Series F Preferred · Common Stock · Additional Paid-In · Accumulated | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Total | ||||||||||
| Balance at 12/31/2022 | 79,246 | $792 | - | $ | - | 3,938,160 | $39,382 | $175,503,634 | $(153,777,916) | $21,765,892 |
| Shares issued to non-employees | - | - | - | - | 98,193 | 982 | 488,344 | - | 489,326 | |
| Vesting expense, net of forfeitures | - | - | - | - | - | - | 2,038 | - | 2,038 | |
| Series F Preferred Stock dividend | - | - | 79,404 | 794 | - | - | (794) | - | - | |
| Reverse stock split round up to whole shares | - | - | - | - | 25,343 | 253 | (253) | - | - | |
| Series F Preferred redemption | - | - | (79,404) | (794) | - | - | 794 | - | - | |
| Share issuance to CFO for vesting of RSUs, net of repurchase to cover withholding tax | - | - | - | - | 1,157 | 12 | (1,521) | - | (1,509) | |
| Net loss | - | - | - | - | - | - | - | (13,983,967) | (13,983,967) | |
| Balance at 12/31/2023 | 79,246 | $792 | - | $ | - | 4,062,853 | $40,629 | $175,992,242 | $(167,761,883) | $8,271,780 |
**CONSOLIDATED STATEMENTS OF CASH FLOWS
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