Aditxt, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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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.
FY2024 · Filed Mar 31, 2025
ADTX$0.00-8.6%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended · Year Ended | ||||
|---|---|---|---|---|
| December 31, 2024 · December 31, 2023 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $(35,020,058) | $(32,390,447) | ||
| Adjustments to reconcile net loss to net cash used in operating activities | ||||
| Stock-based compensation | 33,071 | 1,402,018 | ||
| Stock-based compensation from asset purchase | 6,712,663 | - | ||
| Depreciation expense | 613,918 | 435,027 | ||
| Amortization of intangible assets | 3,333 | 107,556 | ||
| Amortization of debt discount | 3,174,920 | 2,194,773 | ||
| Loss on note exchange agreement | 208,670 | (51,712) | ||
| Modifications of warrants as debt issuance costs | 376,901 | - | ||
| Change in fair value of derivative liability | (414,501) | - | ||
| New principal from extension of notes, net of debt discount | 451,974 | - | ||
| Disposal of fixed assets | 3,000 | - | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | 364,891 | 119,635 | ||
| Prepaid expenses | 214,011 | 279,479 | ||
| Deposits | 18,738 | 248,956 | ||
| Inventory | 734,257 | 204,591 | ||
| Accounts payable and accrued expenses | 5,095,091 | 6,646,457 | ||
| Settlement liability | 667,000 | 1,600,000 | ||
| Net cash used in operating activities | (16,762,121) | (19,203,667) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||
| Purchase of fixed assets | - | (14,407) | ||
| Investment in Evofem | (5,000,000) | - | ||
| Net cash used in investing activities | (5,000,000) | (14,407) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||
| Proceeds from notes, related party | 467,000 | 1,062,523 | ||
| Proceeds from notes and convertible notes payable, net of offering costs | 4,149,153 | 8,530,301 | ||
| Repayments of note payable - related party | (727,000) | (687,523) | ||
| Repayments of note payable | (5,287,942) | (3,152,488) | ||
| Proceeds from Preferred stock, Common stock, and warrants issued for cash, net of issuance costs | 21,166,343 | 11,054,883 | ||
| Sale of Series C Preferred shares, related party | - | 1,000 | ||
| Redemption of Series C Preferred shares, related party | - | (1,000) | ||
| Proceeds from subscription receivable | 4,335,877 | 1,000 | ||
| Payments on financing on fixed asset | - | (262,160) | ||
| Proceeds from exercises of warrants | 1,246,490 | - | ||
| Redemptions of C-1 preferred stock | (2,851,839) | - | ||
| Redemptions of D-1 preferred stock | (32) | - | ||
| Net cash provided by financing activities | 22,498,050 | 16,546,536 | ||
| NET INCREASE (DECREASE) IN CASH | 735,929 | (2,671,538) | ||
| CASH AT BEGINNING OF PERIOD | 97,102 | 2,768,640 | ||
| CASH AT END OF PERIOD | $833,031 | $97,102 | ||
| Supplemental cash flow information: | ||||
| Cash paid for income taxes | $ | - | $ | - |
| Cash paid for interest | $1,235,640 | $3,070,620 | ||
| NONCASH INVESTING AND FINANCING ACTIVITIES: | ||||
| Issuance of shares for the conversion of notes payable | $500,000 | $ | - | |
| Debt discount from shares issued as inducement for note payable | $1,576,431 | $354,838 | ||
| Warrant modification | $5,907,011 | $319,871 | ||
| Issuance of shares in asset purchase | $266,448 | $10,000 | ||
| Shares issued for settlement | $1,600,000 | $ | - | |
| Return of notes payable from Evofem merger agreement | $11,174,426 | $ | - | |
| Deferred issuance costs | $ | - | $354,838 | |
| Assumption of notes payable from Evofem merger agreement | $ | - | $11,173,750 | |
| Accrued interest rolled into notes payable | $538,223 | $701,315 | ||
| Exchange of warrants for Series C-1 Convertible Preferred Stock | $6,000,000 | $ | - | |
| Settlement of liability for Series C-1 Convertible Preferred Stock | $667,000 | $ | - | |
| Derivative liability from conversion feature on preferred stock | $429,018 | $ | - | |
| Series C-1 redemption payable | $1,354,774 | $ | - | |
| ELOC commitment fee stock payable | $2,250,000 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.