Movano Inc
For the period ended Dec 31, 2024. Filed Apr 9, 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 Apr 9, 2025
MOVE$4.96-1.8%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 Balance Sheets at December 31, 2024 and 2023
(in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $7,902 | $6,118 |
| Payroll tax credit, current portion | 52 | 450 |
| Vendor deposits | 28 | 399 |
| Inventory | 2,046 | 1,114 |
| Prepaid expenses and other current assets | 362 | 442 |
| Total current assets | 10,390 | 8,523 |
| Property and equipment, net | 213 | 342 |
| Payroll tax credit, noncurrent portion | — | 169 |
| Other assets | 717 | 387 |
| Total assets | $11,320 | $9,421 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $2,016 | $3,118 |
| Deferred revenue | 36 | 1,252 |
| Other current liabilities | 1,393 | 1,529 |
| Total current liabilities | 3,445 | 5,899 |
| Noncurrent liabilities: | ||
| Early exercised stock option liability | — | 23 |
| Other noncurrent liabilities | 520 | 50 |
| Total noncurrent liabilities | 520 | 73 |
| Total liabilities | 3,965 | 5,972 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized at December 31, 2024 and 2023; no shares issued and outstanding at December 31, 2024 and 2023 | — | — |
| Common stock, $0.0001 par value, 500,000,000 and 150,000,000 shares authorized at December 31, 2024 and 2023, respectively; 6,840,291 and 3,723,218 shares issued and outstanding at December 31, 2024 and 2023, respectively | 10 | 6 |
| Additional paid-in capital | 155,452 | 127,823 |
| Accumulated deficit | (148,107) | (124,380) |
| Total stockholders’ equity | 7,355 | 3,449 |
| Total liabilities and stockholders’ equity | $11,320 | $9,421 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.