Sono Group N.V.
For the period ended Dec 31, 2024. Filed Apr 17, 2025.
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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.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| KEUR | KEUR | |
| ASSETS | ||
| Current Assets | ||
| Cash | 1,354 | 7,412 |
| Inventory | 304 | – |
| Prepaid taxes | 531 | 681 |
| Prepaid expenses and other | 103 | 778 |
| Total Current Assets | 2,292 | 8,871 |
| Property, plant and equipment, net of accumulated depreciation of KEUR51 and KEUR-0- as of December 31, 2024 and 2023, respectively | 129 | – |
| Right of use lease assets | 630 | 679 |
| Total Assets | 3,051 | 9,550 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | 575 | 56,576 |
| Lease liability, current portion | 58 | 49 |
| Convertible notes payable at fair value | 24,035 | 25,629 |
| VAT payable | 487 | 14,350 |
| Other current liabilities | 5 | 4 |
| Total Current Liabilities | 25,160 | 96,608 |
| Long-Term Liabilities | ||
| Lease liability, long term portion | 572 | 630 |
| Total Liabilities | 25,732 | 97,238 |
| 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) | 28 | 85 |
| 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) | 20 | 60 |
| Additional paid-in capital | 298,699 | 298,621 |
| Accumulated deficit | (321,428) | (386,454) |
| Total Shareholders’ Equity | (22,681) | (87,688) |
| Total Liabilities and Shareholders’ Equity | 3,051 | 9,550 |
| (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. |
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