SeqLL Inc
For the period ended Dec 31, 2023. Filed Apr 10, 2024.
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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$0.18-13.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| December 31, | ||||
|---|---|---|---|---|
| 2023 · 2022 | ||||
| Cash Flows from Operating Activities | ||||
| Net loss | $(5,627,591) | $(4,094,833) | ||
| Adjustment to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation | 154,234 | 87,937 | ||
| Write-off of obsolete inventory | 165,852 | 79,011 | ||
| Unrealized gain on marketable equity securities | - | (54,508) | ||
| Realized (gain)/loss on marketable debt and equity securities | (106,051) | 106,324 | ||
| Provision for bad debts | 78,491 | - | ||
| Stock-based compensation | 391,649 | 256,900 | ||
| Non-cash lease expense | 21,259 | 111,984 | ||
| Changes in operating assets and liabilities | ||||
| Accounts receivable, net | - | 9,500 | ||
| Other receivables | - | (25,035) | ||
| Prepaid expenses | 101,420 | 14,197 | ||
| Inventory | - | (20,708) | ||
| Other assets | 35,946 | (68,466) | ||
| Accounts payable | (99,496) | (248,928) | ||
| Accrued expenses | (120,271) | 184,057 | ||
| Net cash used in operating activities | (5,004,558) | (3,662,568) | ||
| Cash Flows from Investing Activities | ||||
| Purchases of lab equipment | (61,989) | (40,020) | ||
| Purchases of marketable debt securities | (2,800,386) | (4,014,153) | ||
| Proceeds from sales of marketable equity securities | - | 5,882,138 | ||
| Maturity of marketable debt securities | 6,920,000 | - | ||
| Net cash provided by investing activities | 4,057,625 | 1,827,965 | ||
| Cash Flows from Financing Activities | ||||
| Proceeds from issuance of common stock, gross | 1,800,000 | - | ||
| Payment for issuance costs of common stock | (300,750) | - | ||
| Repayments of finance lease liability | (38,851) | - | ||
| Net cash provided by financing activities | 1,460,399 | - | ||
| Net increase (decrease) in cash and cash equivalents | 513,466 | (1,834,603) | ||
| Cash and cash equivalents, beginning of period | 2,180,525 | 4,015,128 | ||
| Cash and cash equivalents, end of period | $2,693,991 | $2,180,525 | ||
| Supplemental disclosure of cash flow information and non-cash financing transactions | ||||
| Right-of-use asset acquired through operating lease | $ | - | $1,257,495 | |
| Fixed assets acquired through finance lease | $187,497 | $ | - | |
| Leasehold improvements financed through tenant improvement allowance | $ | - | $312,758 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.