ACTELIS NETWORKS INC

For the period ended Dec 31, 2023. Filed Mar 26, 2024.

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.

FY2023 · Filed Mar 26, 2024

ASNS$0.04+15.5%Stored close · as of Nov 10, 2026

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Contents

Statements of mezzanine equity and shareholders’ equity

CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY

U.S. dollars in thousands (except number of shares)

Warrants To Placement Agent · Redeemable Convertible Preferred Stock · Common Stock · Non-voting Common Stock · Additional · Total shareholder’s
	Amount	Number of shares(**)	Amount	Number of shares(**)	Amount	Number of shares(**)	Amount	paid-in capital	Accumulated deficit	(deficit) equity
BALANCE AS OF JANUARY 1, 2022	-	773,108	5,585	205,040	*	178,377	*	2,824	(22,420)	(19,596)
CHANGES DURING THE YEAR ENDED DECEMBER 31, 2022:
Exercise of options into common stock	-	-	-	77,749	*	-	-	5	-	5
Share based compensation	-	-	-	-	-	-	-	220	-	220
Conversion of convertible redeemable preferred stock to common stock upon initial public offering	-	(773,108)	(5,585)	773,108	1	-	-	5,584	-	5,585
Issuance of common stock upon initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	-	-	-	421,250	*	-	-	14,675	-	14,675
Conversion of convertible loan to common stock upon initial public offering	-	-	-	163,816	*	-	-	6,553	-	6,553
Conversion of convertible note to common stock upon initial public offering	-	-	-	90,009	*	-	-	3,600	-	3,600
Conversion of warrants to common stock upon initial public offering	-	-	-	79,756	*	-	-	3,190	-	3,190
Redemption of non-voting common stock upon initial public offering	-	-	-	-	-	(178,377)	*	-	-	*
Repurchase of common stock	-	-	-	(2,700)	*	-	-	15	-	15
Net comprehensive loss for the year	-	-	-	-	-	-	-	-	(10,982)	(10,982)
BALANCE AS OF DECEMBER 31, 2022	-	-	-	1,737,986	1	-	-	36,666	(33,402)	3,265
Exercise of options into common stock	-	-	-	32,009	-	-	-	-	-	-
Share based compensation	-	-	-	-	-	-	-	377	-	377
Repurchase of common stock	-	-	-	(7,920)	*	-	-	(50)	-	(50)
Issuance of common stock and pre-funded warrants upon private placement, net of underwriting commissions and other offering costs	159	-	-	491,000	*	-	-	2,609	-	2,609
Exercise of pre-funded warrants into common stock	-	-	-	754,670	*	-	-	*	-	*
Reclassification of warrants from liabilities to equity (see note (14(d))	-	-	-	-	-	-	-	314		314
Net comprehensive loss for the year	-	-	-	-	-	-	-	-	(6,286)	(6,286)
BALANCE AS OF DECEMBER 31, 2023	159	-	-	3,007,745	1	-	-	39,916	(39,688)	229

*	Represents an amount less than $1 thousand.

**	Adjusted to reflect reverse stock split, see note 2(ff).

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.