FORUM MARKETS Inc
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
FRMM$2.88-5.3%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, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Current Assets: | ||
| Cash | $4,585,141 | $1,975,799 |
| Prepaid expenses and other current assets | 556,230 | 1,664,107 |
| Total Current Assets | 5,141,371 | 3,639,906 |
| Intangible assets, net | 7,622,041 | 1,619,570 |
| Total Assets | $12,763,412 | $5,259,476 |
| Liabilities and Stockholders' Equity (Deficit) | ||
| Current Liabilities: | ||
| Accounts payable | $1,933,141 | $1,892,611 |
| Accounts payable - related parties | 684,181 | 266,009 |
| Accrued expenses | 739,674 | 1,869,814 |
| Loans payable - current portion | 147,889 | 1,034,124 |
| Derivative liabilities | - | 58 |
| Total Current Liabilities | 3,504,885 | 5,062,616 |
| Loans payable - noncurrent portion | 6,616 | 19,936 |
| Deferred tax liability | - | 304,657 |
| Total Liabilities | 3,511,501 | 5,387,209 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' Equity (Deficit): | ||
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; (see designations and shares authorized for Series A, Class C and Class K preferred stock) Class B Preferred Stock; $0.0001 par value, 1,000,000 and 0 shares authorized, issued and outstanding at December 31, 2024 and 2023, respectively | 100 | - |
| Class C Preferred Stock; 1 share authorized, none issued and outstanding at December 31, 2024 and 2023, respectively | - | - |
| Class K Preferred Stock; 1 share authorized, none and 1, issued and outstanding at December 31, 2024 and 2023, respectively | - | - |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,176,999 and 534,719 shares issued and outstanding at December 31, 2024 and 2023, respectively | 318 | 54 |
| Additional paid-in capital | 153,691,755 | 130,117,209 |
| Accumulated other comprehensive income | (2,916,918) | (2,901,339) |
| Accumulated deficit | (141,523,344) | (127,343,657) |
| Total Stockholders' Equity (Deficit) | 9,251,911 | (127,733) |
| Total Liabilities and Stockholders' Equity (Deficit) | $12,763,412 | $5,259,476 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.