Sono Group N.V.
For the period ended Dec 31, 2025. Filed Apr 1, 2026.
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FY2025 · Filed Apr 1, 2026
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, | ||
|---|---|---|
| 2025 | 2024 | |
| KEUR | KEUR | |
| ASSETS | ||
| Current Assets | ||
| Cash | 206 | 1,354 |
| Inventory | 329 | 304 |
| Prepaid taxes | 103 | 531 |
| Prepaid expenses and other current assets | 118 | 103 |
| Total Current Assets | 756 | 2,292 |
| Property, plant and equipment, net | 94 | 129 |
| Right of use lease assets | 574 | 630 |
| Total Assets | 1,424 | 3,051 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | 948 | 575 |
| Lease liability, current portion | 70 | 58 |
| Convertible notes payable at fair value | – | 24,035 |
| Deferred revenue | 5 | – |
| VAT payable | – | 487 |
| Other current liabilities | 4 | 5 |
| Total Current Liabilities | 1,027 | 25,160 |
| Long-Term Liabilities | ||
| Lease liability, long term portion | 504 | 572 |
| Total Liabilities | 1,531 | 25,732 |
| Commitments and Contingencies (see Note 14) | ||
| Shareholders’ Equity | ||
| Preferred Shares, par value €300.00 per share, 1,401 shares authorized, 1,401 and 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (1) | 420 | – |
| Ordinary Shares, par value €0.01 per share, 120,000,000 shares authorized, 1,424,834 and 1,409,885 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (1) | 14 | 28 |
| High Voting Shares, par value €0.25 per share, 40,000 shares authorized, 40,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (1) | 10 | 20 |
| Additional paid-in capital | 316,862 | 298,699 |
| Accumulated deficit | (317,413) | (321,428) |
| Total Shareholders’ Equity | (107) | (22,681) |
| Total Liabilities and Shareholders’ Equity | 1,424 | 3,051 |
| (1) | In connection with the Debt Conversion and implementation of proposals approved at January 2024 EGM, the Company also decreased the nominal value per share from €0.02 to €0.01 for Ordinary Shares and from €0.50 to €0.25 for High Voting Shares. At the same time the authorized share capital was changed from 4,300,000 to 120,000,000 Ordinary Shares, from 53,400 to 40,000 High Voting Shares, and from no Preferred Shares to 1,401 Preferred Shares. |
**CONSOLIDATED STATEMENTS OF OPERATIONS
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