DatChat Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Mar 29, 2024
MYSE$1.27+0.8%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, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $953,362 | $1,732,956 |
| Short-term investments, at fair value | 5,236,781 | 11,007,997 |
| Accounts receivable | 183 | 384 |
| Prepaid expenses | 185,675 | 134,752 |
| Total Current Assets | 6,376,001 | 12,876,089 |
| OTHER ASSETS: | ||
| Property and equipment, net | 56,565 | 79,694 |
| Digital currencies and other digital assets | - | 23,381 |
| Operating lease right-of-use asset, net | 73,977 | 134,526 |
| Total Other Assets | 130,542 | 237,601 |
| Total Assets | $6,506,543 | $13,113,690 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable and accrued expenses | $322,762 | $404,600 |
| Operating lease liability, current portion | 83,674 | 67,338 |
| Contract liabilities | 118 | 186 |
| Due to related party | - | 1,315 |
| Total Current Liabilities | 406,554 | 473,439 |
| LONG-TERM LIABILITIES: | ||
| Operating lease liability, less current portion | - | 83,675 |
| Total Long-Term Liabilities | - | 83,675 |
| Total Liabilities | 406,554 | 557,114 |
| Commitments and Contingencies (Note 8) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock ($0.0001 par value; 20,000,000 shares authorized) | ||
| Series A Preferred stock ($0.0001 Par Value;1 Share designated; none issued and outstanding on December 31, 2023 and 2022) | - | - |
| Series B Preferred stock ($0.0001 Par Value;2,000,000 Share designated; 2,000,000 and none issued and outstanding on December 31, 2023 and 2022, respectively) | 200 | - |
| Common stock ($0.0001 par value; 180,000,000 shares authorized; 2,103,321 and 2,059,717 shares issued and 2,036,376 and 2,059,717 shares outstanding on December 31, 2023 and 2022, respectively) | 210 | 206 |
| Common stock to be issued (139 shares on December 31, 2023 and 2022) | - | - |
| Additional paid-in capital | 54,597,083 | 52,285,488 |
| Treasury stock, at cost (66,945 and 0 shares on December 31, 2023 and 2022, respectively) | (397,969) | - |
| Accumulated other comprehensive gain | 34,553 | - |
| Accumulated deficit | (48,134,088) | (39,729,118) |
| Total Stockholders’ Equity | 6,099,989 | 12,556,576 |
| Total Liabilities and Stockholders’ Equity | $6,506,543 | $13,113,690 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.