Janover Inc
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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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.
FY2023 · Filed Mar 28, 2024
DFDV$3.23-5.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. CONSOLIDATED STATEMENTS OF CASH FLOWS
ONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended | ||||
|---|---|---|---|---|
| December 31, | ||||
| 2023 · 2022 | ||||
| Cash flows from operating activities: | ||||
| Net loss | $(3,373,794) | $(1,261,675) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation | 912 | - | ||
| Stock-based compensation - issuance of common stock upon IPO for services | 541,064 | - | ||
| Stock-based compensation | 944,383 | 529,929 | ||
| Change in fair value of future equity obligations | 119,826 | (434,224) | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | (47,851) | 72,345 | ||
| Prepaid expenses | (116,218) | (5,172) | ||
| Other assets | (11,230) | (4,483) | ||
| Accounts payable and accrued expenses | 379,756 | 79,615 | ||
| Deferred revenue | (5,379) | - | ||
| Right of use liability, net | 969 | - | ||
| Net cash used in operating activities | (1,567,562) | (1,023,665) | ||
| Cash flows from investing activities: | ||||
| Purchases of property and equipment | (29,049) | - | ||
| Cash used pursuant to business combination | (60,000) | - | ||
| Net cash used in investing activities | (89,049) | - | ||
| Cash flows from financing activities: | ||||
| Proceeds from future equity obligations, net of financing fees | - | 286,000 | ||
| Issuance of preferred stock | 1,000,000 | - | ||
| Issuance of common stock | 5,650,000 | 165,992 | ||
| Offering costs | (898,905) | (154,469) | ||
| Net cash provided by financing activities | 5,751,095 | 297,523 | ||
| Net change in cash | 4,094,484 | (726,142) | ||
| Cash and cash equivalents at beginning of year | 981,125 | 1,707,267 | ||
| Cash and cash equivalents at end of year | $5,075,609 | $981,125 | ||
| Supplemental disclosure of cash flow information: | ||||
| Cash paid for interest | $ | - | $ | - |
| Cash paid for taxes | $ | - | $ | - |
| Supplemental disclosure of non-cash financing activities: | ||||
| Conversion of future equity obligations into common stock in connection with IPO | $659,408 | $668,898 | ||
| Conversion of preferred stock into common stock in connection with IPO | $1,000,000 | $ | - | |
| Issuance of common stock pursuant to business combination | $945,665 | $ | - | |
| Contingent consideration pursuant to business combination | $178,819 | $ | - | |
| Right of use asset and liability | $ | - | $143,132 | |
| Shares issued as deferred offering costs | $ | - | $22,750 | |
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