FOXO TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Jun 6, 2024.
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FY2023 · Filed Jun 6, 2024
FOXO$0.190.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ (Deficit) Equity
FOXO TECHNOLOGIES INC. and subsidiaries
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY
(Dollars in thousands)
| FOXO Technologies Operating Company · FOXO Technologies Inc. | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred Stock · Common Stock (Class A) · Common Stock (Class B) · Common Stock (Class A) · Treasury Stock · Additional Paid-in- · Accumulated | ||||||||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Shares · Capital · Deficit · Total | ||||||||||||||||
| Balance, December 31, 2021 | 8,000,000 | $21,854 | 30,208 | $ | - | 2,000,000 | $ | - | - | $ | - | - | $4,902 | $(51,976) | $(25,220) | |
| Activity prior to the business combination: | ||||||||||||||||
| Net loss | - | - | - | - | - | - | - | - | - | - | (45,437) | (45,437) | ||||
| Lease contributions | - | - | - | - | - | - | - | - | - | 225 | - | 225 | ||||
| Equity-based compensation | - | - | - | - | - | - | - | - | - | 716 | - | 716 | ||||
| Warrant repurchase | - | - | - | - | - | - | - | - | - | (507) | - | (507) | ||||
| Issuance of shares for exercised stock options | - | - | 14,946 | - | - | - | - | - | - | - | - | - | ||||
| Issuance of shares for consulting agreement | - | - | 1,500,000 | - | - | - | - | - | - | 6,900 | - | 6,900 | ||||
| Effects of the business combination: | - | |||||||||||||||
| Conversion of Series A Preferred Stock | (8,000,000) | (21,854) | 8,000,000 | - | - | - | - | - | - | 21,854 | - | - | ||||
| Conversion of Bridge Loans | - | - | 15,172,729 | - | - | - | - | - | - | 88,975 | - | 88,975 | ||||
| Conversion of Class B Common Stock | - | - | 2,000,000 | - | (2,000,000) | - | - | - | - | - | - | - | ||||
| Conversion of existing Class A Common Stock | - | - | (26,717,883) | - | - | - | 1,551,871 | - | - | 1 | - | 1 | ||||
| Reverse recapitalization | - | - | - | - | - | - | 814,348 | - | - | 19,689 | - | 19,689 | ||||
| Activity after the business combination: | - | |||||||||||||||
| Net loss | - | - | - | - | - | - | - | - | - | - | (49,818) | (49,818) | ||||
| Equity-based compensation | - | - | - | - | - | - | 551,700 | - | - | 10,364 | - | 10,364 | ||||
| Cantor Commitment Fee | - | - | - | - | - | - | 19,048 | - | - | 1,600 | - | 1,600 | ||||
| Vendor share issuance | - | - | - | - | - | - | 30,000 | - | - | 376 | - | 376 | ||||
| Share repurchase and forward purchase agreement settlement | - | - | - | - | - | - | - | - | (214,077) | (1,156) | - | (1,156) | ||||
| Balance, December 31, 2022 | - | $ | - | - | $ | - | - | $ | - | 2,966,967 | $ | - | (214,077) | $153,939 | $(147,231) | $6,708 |
| Net loss to common stockholders | (29,829) | (29,829) | ||||||||||||||
| Stock-based compensation | - | - | - | - | - | - | (419,132) | - | - | (269) | - | (269) | ||||
| Private placements, net of issuance costs | - | - | - | - | - | - | 2,208,376 | 1 | 862 | - | 863 | |||||
| Warrants issued is private placement | - | - | - | - | - | - | - | - | - | 12 | - | 12 | ||||
| Issuance of shares to offers and employees | - | - | - | - | - | - | 598,670 | - | - | 650 | - | 650 | ||||
| Issuance of shares to MSK | - | - | - | - | - | - | 292,867 | - | - | 234 | - | 234 | ||||
| Common Stock Issuable Under Shares for Services Agreement | 409 | 409 | ||||||||||||||
| Issuance of shares to Joseph Gunnar | - | - | - | - | - | - | 276,875 | - | - | 221 | - | 221 | ||||
| 2022 Debenture Release | - | - | - | - | - | - | 703,500 | - | - | 2,182 | - | 2,182 | ||||
| PIK Note Amendment | - | - | - | - | - | - | 432,188 | - | - | 1,339 | - | 1,339 | ||||
| Exchange Offer | - | - | - | - | - | - | 795,618 | - | - | 2,466 | - | 2,466 | ||||
| Deemed dividend from trigger of down round provisions of Assumed Warrants | - | - | - | - | - | - | - | - | 912 | - | 912 | |||||
| Treasury stock | 0 | 0 | - | - | - | - | (214,077) | - | 214,077 | - | - | - | ||||
| Reverse stock split adjustments | - | - | - | - | 4,180 | - | - | 2 | - | 2 | ||||||
| Balance, December 31, 2023 | - | $ | - | - | $ | - | - | $ | - | 7,646,032 | $1 | - | $162,959 | $(177,060) | $(14,100) | |
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