Datavault AI Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
DVLT$0.06-16.5%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, 2024 and 2023
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended December 31, | ||||||
| | 2024 | 2023 | ||||
| Assets | | | | | | |
| Current Assets: · · | ||||||
| Cash and cash equivalents | | $3,330 | | $411 | ||
| Accounts receivable | | 349 | | 294 | ||
| Inventories | | 1,618 | | 2,737 | ||
| Prepaid expenses and other current assets | | 1,142 | | 641 | ||
| Total current assets | | 6,439 | | 4,083 | ||
| Property and equipment, net | | 58 | | 93 | ||
| Intangible assets | | 92,575 | | — | ||
| Deposit for business combination | | | 1,000 | | | — |
| Other assets | | 553 | | 647 | ||
| Total assets | | $100,625 | | $4,823 | ||
| | | | | | | |
| Liabilities, Convertible Redeemable Preferred Stock and Stockholders’ Equity/ (Deficit) | | | ||||
| Current Liabilities: | | | ||||
| Accounts payable | | $2,779 | | $2,320 | ||
| Accrued liabilities | | 1,334 | | 1,317 | ||
| Total current liabilities | | 4,113 | | 3,637 | ||
| Convertible note payable, net, related party | | | 9,569 | | | — |
| Warrant liabilities | | | 664 | | | 5,460 |
| Other liabilities | | 553 | | 636 | ||
| Total liabilities | | 14,899 | | 9,733 | ||
| | | | | | | |
| Commitments and contingencies (Note 8) | | | ||||
| | | | | | | |
| Series B Convertible Redeemable Preferred Stock, par value $0.0001; 375,000 shares authorized; 0 and 38,335 shares issued and outstanding as of December 31, 2024 and 2023, respectively and 2023 | | — | | 247 | ||
| | | | | | | |
| Stockholders’ Equity/(Deficit): | | | ||||
| Common stock, par value $0.0001; 300,000,000 shares authorized; 52,034,060 and 222,380 shares issued and outstanding as of December 31, 2024 and 2023, respectively | | 5 | | 1 | ||
| Additional paid-in capital | | 384,172 | | 241,884 | ||
| Accumulated deficit | | (298,451) | | (247,042) | ||
| Total stockholders’ equity/(deficit) | | 85,726 | | (5,157) | ||
| Total liabilities, convertible preferred stock and stockholders’ equity/(deficit) | | $100,625 | | $4,823 | ||
Note: Share and per share amounts have been retroactively adjusted to reflect the impact of a 1-for-100 reverse stock split effected in January 2023 as well as a 1-for-150 reverse stock split effected in April 2024, as discussed in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.