Amesite Inc

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2024 · Filed Feb 7, 2025

AMST$0.53+2.0%Stored close · as of Nov 9, 2026

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Contents

Condensed Balance Sheets (unaudited)

	December 31, 2024	June 30, 2024
Assets
Current Assets
Cash and cash equivalents	$519,706	$2,071,016
Restricted cash	100,000	100,000
Accounts receivable	-	30,060
Prepaid expenses and other current assets	825,495	403,489
Total current assets	1,445,201	2,604,565
Noncurrent Assets
Property and equipment - net	52,110	64,784
Capitalized software - net	638,891	644,828
Total noncurrent assets	691,001	709,612
Total assets	$2,136,202	$3,314,177
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable	$144,785	$48,907
Accrued and other current liabilities:
Accrued compensation	685,365	655,275
Deferred revenue	15,925	-
Other accrued liabilities	42,662	94,283
Total current liabilities	888,737	798,465
Commitments and Contingencies
Stockholders’ Equity
Common stock, $.0001 par value; 100,000,000 shares authorized; 2,792,440 and 2,542,440 shares issued and outstanding at December 31, 2024 and June 30, 2024, respectively	280	255
Preferred stock, $.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2024 and June 30, 2024	-	-
Additional paid-in capital	41,110,368	40,348,958
Accumulated deficit	(39,863,183)	(37,833,501)
Total stockholders’ equity	1,247,465	2,515,712
Total liabilities and stockholders’ equity	$2,136,202	$3,314,177

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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.