SeqLL Inc
For the period ended Dec 31, 2023. Filed Apr 10, 2024.
View on SEC.govAbout 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 Apr 10, 2024
CIRC$0.20+6.3%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, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $2,693,991 | $2,180,525 |
| Marketable securities | - | 4,036,014 |
| Accounts receivable, net of allowance for doubtful accounts of $24,507 and $6,016 as of December 31, 2023 and 2022, respectively | 2,723 | 21,214 |
| Other receivables | - | 60,000 |
| Inventory | - | 165,852 |
| Prepaid expenses | 32,933 | 171,859 |
| Total current assets | 2,729,647 | 6,635,464 |
| Other assets | ||
| Property and equipment, net | 625,360 | 530,108 |
| Operating lease right-of-use asset | 998,346 | 1,129,715 |
| Other assets | 83,008 | 118,954 |
| Total assets | $4,436,361 | $8,414,241 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $522,940 | $622,436 |
| Accrued expenses | 375,191 | 495,462 |
| Current portion of finance lease liability | 59,659 | - |
| Current portion of operating lease liability | 198,314 | 110,114 |
| Non-convertible promissory notes | 1,375,000 | - |
| Total current liabilities | 2,531,104 | 1,228,012 |
| Non-current liabilities | ||
| Finance lease liability, less current portion | 51,481 | - |
| Operating lease liability, less current portion | 1,246,033 | 1,444,343 |
| Non-convertible promissory notes - long-term | - | 1,375,000 |
| Total non-current liabilities | 1,297,514 | 2,819,343 |
| Total liabilities | 3,828,618 | 4,047,355 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 0 shares issued and outstanding | - | - |
| Common stock, $0.00001 par value; 300,000,000 shares authorized; 380,648 and 330,648 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 4 | 3 |
| Additional paid-in capital | 24,744,014 | 22,853,116 |
| Accumulated deficit | (24,136,275) | (18,508,684) |
| Accumulated other comprehensive income | - | 22,451 |
| Total stockholders’ equity | 607,743 | 4,366,886 |
| Total liabilities and stockholders’ equity | $4,436,361 | $8,414,241 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.