Mobile Infrastructure Corp
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
View on SEC.govAbout this filing
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 11, 2025
BEEP$2.37-1.3%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 Statements of Changes in Equity
(In thousands)
| Preferred stock · Common stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Non- | |||||||||
| Number of · Number of · Paid-in · Accumulated · controlling | |||||||||
| Shares | Par Value | Shares | Par Value | Warrants | Capital | Deficit | interest | Total | |
| Balance, December 31, 2022 | 42,673 | $— | 13,089,848 | $— | $3,319 | $193,176 | $(109,168) | $99,681 | $187,008 |
| Equity-based compensation | — | — | — | — | — | 19 | — | 7,465 | 7,484 |
| Distributions to non-controlling interest holders | — | — | — | — | — | — | — | (463) | (463) |
| Declared distributions – Series A ($75.00 per share) | — | — | — | — | — | (197) | — | — | (197) |
| Declared distributions – Series 1 ($70.00 per share) | — | — | — | — | — | (2,555) | — | — | (2,555) |
| Declared distributions – Series 2 ($0.10) per share) | — | — | — | — | — | (4,600) | — | — | (4,600) |
| Conversions - Series 1 | (3,134) | — | 967,346 | — | — | 778 | — | — | 778 |
| Conversions - Series A | (50) | — | 13,883 | — | — | 13 | — | — | 13 |
| Conversions - Series 2 | (46,000) | — | 13,787,462 | 2 | — | — | — | — | 2 |
| Reverse Recapitalization, net of issuance costs | 46,000 | — | — | — | — | 53,723 | — | — | 53,723 |
| Allocation of equity to non-controlling interest | — | — | — | — | — | 21,827 | — | (21,827) | — |
| Net loss | — | — | — | — | — | — | (25,123) | (13,115) | (38,238) |
| Balance, December 31, 2023 | 39,489 | $— | 27,858,539 | $2 | $3,319 | $262,184 | $(134,291) | $71,741 | $202,955 |
| Equity based payments | — | — | 73,609 | — | — | 1,392 | — | 5,294 | 6,686 |
| Distributions to non-controlling interest holders | — | — | — | — | — | — | — | (208) | (208) |
| Purchase of minority interest in subsidiary | — | — | — | — | — | 144 | — | (1,644) | (1,500) |
| Issuance of common stock | — | — | 500,000 | — | — | 1,740 | — | — | 1,740 |
| Share repurchase program | — | — | (419,188) | — | — | (1,326) | — | — | (1,326) |
| Redemptions - Series 1 | (10,554) | — | — | — | — | (11,057) | — | — | (11,057) |
| Redemptions - Series A | (280) | — | — | — | — | (280) | — | — | (280) |
| Declared distributions – Series A ($57.50 per share) | — | — | — | — | — | (134) | — | — | (134) |
| Declared distributions – Series 1 ($55.00 per share) | — | — | — | — | — | (1,640) | — | — | (1,640) |
| Conversions - Series 1 | (7,958) | — | 2,789,900 | — | — | 2,281 | — | — | 2,281 |
| Conversions - Series A | (583) | — | 192,656 | — | — | 171 | — | — | 171 |
| Allocation of equity to non-controlling interest | — | — | 9,381,458 | — | — | 53,243 | — | (53,279) | (36) |
| Net loss | — | — | — | — | — | — | (5,765) | (2,616) | (8,381) |
| Balance, December 31, 2024 | 20,114 | $— | 40,376,974 | $2 | $3,319 | $306,718 | $(140,056) | $19,288 | $189,271 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.