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Sono Group N.V.

For the period ended Dec 31, 2024. Filed Apr 17, 2025.

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About 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 Apr 17, 2025

SSM$0.92+3.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

December 31,
20242023
KEURKEUR
ASSETS
Current Assets
Cash1,3547,412
Inventory304–
Prepaid taxes531681
Prepaid expenses and other103778
Total Current Assets2,2928,871
Property, plant and equipment, net of accumulated depreciation of KEUR51 and KEUR-0- as of December 31, 2024 and 2023, respectively129–
Right of use lease assets630679
Total Assets3,0519,550
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable and accrued expenses57556,576
Lease liability, current portion5849
Convertible notes payable at fair value24,03525,629
VAT payable48714,350
Other current liabilities54
Total Current Liabilities25,16096,608
Long-Term Liabilities
Lease liability, long term portion572630
Total Liabilities25,73297,238
Commitments and Contingencies (see Note 14)
Shareholders’ Equity
Ordinary Shares, par value €0.02 per share, 4,300,000 shares authorized, 1,409,885 and 1,408,895 shares issued and outstanding as of December 31, 2024 and 2023, respectively (1)2885
High Voting Shares, par value €0.5 per share, 53,400 shares authorized, 40,000 shares issued and outstanding as of December 31, 2024 and 2023, respectively (1)2060
Additional paid-in capital298,699298,621
Accumulated deficit(321,428)(386,454)
Total Shareholders’ Equity(22,681)(87,688)
Total Liabilities and Shareholders’ Equity3,0519,550
(1)In December 2024, the Company effected a 1-for-75 reverse share split for Ordinary Shares and High Voting Shares. All share and per-share data have been retroactively adjusted throughout this report to account for this share split. In connection with the reverse share split, the Company also decreased the nominal value per share from €0.06 to €0.02 for Ordinary Shares and from €1.50 to €0.5 for High Voting Shares. The amounts presented for the year ended December 31, 2023 reflect the prior nominal values of €0.06 and €1.50.
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.