Mitesco, Inc.

For the period ended Dec 31, 2025. Filed Apr 15, 2026.

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.

FY2025 · Filed Apr 15, 2026

MITIStored price and day change unavailable

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

See the whole filing, with its images and exhibits

Contents

Item 8. CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the Years Ended
	December 31,
	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$498,724	$(2,511,947)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of intangible assets	38,750	3,229
Original issue discount charged to interest expense	11,091	-
Share Based compensation	824,650	702,016
Accretion of Series A recorded as interest expense	1,159,265	-
Loss on redemption of Series A Preferred	646,653	-
Loss on legal settlement	500,000	-
Gain (loss) on lease terminations	-	(869,690)
Gain on settlement of notes payable	-	(515,964)
Gain on settlement of accounts payable	-	(2,289,283)
(Gain) loss on revaluation of derivative liabilities	(4,286,515)	4,585,124
Gain on settlement of liabilities	(562,793)	-
Impairment of intangible assets	113,021	-
Change in fair value of contingent considerations	(150,000)	-
Bad debt expense	8,700	-
Changes in assets and liabilities:
Accounts receivable	(6,600)	(29,700)
Prepaid expenses and other current assets	1,317	(4,968)
Accounts payable and accrued liabilities	416,151	195,578
Deferred Revenue	10,000	-
Accrued interest	73,703	187,215
Accrued interest - related parties	2,298	33,981
Net cash used in operating activities	(701,585)	(514,409)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for acquisition of business	-	(5,000)
Net cash used in investing activities	-	(5,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sales of Series A Preferred Stock	125,000	-
Principal payments on SBA Loan	(25,960)	(28,027)
Proceeds from convertible notes payable	500,000	-
Proceeds from notes payable, net of discounts	200,000	548,000
Net cash provided by financing activities	799,040	519,973
Net change in cash and cash equivalents	97,455	564
Cash and cash equivalents at beginning of period	3,402	2,838
Cash and cash equivalents at end of period	$100,857	$3,402

	For the Years
	Ended
	December 31,
2025 · 2024
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid		$3,845		$4,128
Income taxes paid	$	-	$	-
Supplemental disclosure of financing cash flow information:
Shares issued for Series X dividends		$42,609		$104,454
Preferred stock dividend		$69,311		$1,033,729
Shares issued for redemption of Series A shares		$1,604,398	$	-
Shares issued for settlement of Series D, notes payable, and accrued liabilities – related party		$267,423	$	-
Conversion of accounts payable to common stock		$171,712		$62,328
Conversion of notes payable and accrued interest to common stock		$166,194		$363,608
Conversion of notes payable to common stock - related party	$	-		$969,469
Conversion of Series F Preferred Stock and accrued dividends to common stock	$	-		$987,575
Conversion of Series D Preferred Stock and accrued dividends to common stock	$	-		$101,165
Conversion of Series X Preferred Stock and accrued dividends to common stock	$	-		$117
Conversion of Series F and Series D preferred stock to Series A preferred stock	$	-		$12,774,079
Conversion of Notes Payable and accrued interest to Series A preferred stock	$	-		$580,132
Royalty payable issued for purchase of business	$	-		$150,000
Release of true-up obligation on commitment shares	$	-		$152,945
Establishment of derivative liability of conversion feature upon default	$	-		$100,551

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.