Snail, Inc.
For the period ended Dec 31, 2024. Filed Mar 26, 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 26, 2025
SNAL$2.07+6.2%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 Equity
Consolidated Statements of Equity for the Years Ended December 31, 2024 and 2023
| Class A Common Stock · Class B Common Stock · Additional Paid-In- · Accumulated Other Comprehensive · Accumulated · Treasury Stock · Snail, Inc. · Non controlling · Total | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Loss | Deficit | Shares | Amount | Equity | interests | Equity | |
| Balance at December 31, 2022 | 9,251,420 | $925 | 28,748,580 | $2,875 | $23,436,942 | $(307,200) | $(4,863,250) | (1,197,649) | $(3,414,713) | $14,855,579 | $(5,490,895) | $9,364,684 |
| Return of dividend distribution tax withholding payment | - | - | - | - | 1,886,600 | - | - | - | - | 1,886,600 | - | 1,886,600 |
| Stock based compensation related to restricted stock units | - | - | - | - | 848,035 | - | - | - | - | 848,035 | - | 848,035 |
| Common stock issued for service | 24,000 | 2 | - | - | (2) | - | - | - | - | - | - | - |
| Repurchase of common stock | - | - | - | - | - | - | - | (152,626) | (257,093) | (257,093) | - | (257,093) |
| Foreign currency translation | - | - | - | - | - | 52,817 | - | - | - | 52,817 | - | 52,817 |
| Net loss | - | - | - | - | - | - | (9,086,075) | - | - | (9,086,075) | (8,349) | (9,094,424) |
| Balance at December 31, 2023 | 9,275,420 | $927 | 28,748,580 | $2,875 | $26,171,575 | $(254,383) | $(13,949,325) | (1,350,275) | $(3,671,806) | $8,299,863 | $(5,499,244) | $2,800,619 |
| Class A Common Stock · Class B Common Stock · Additional Paid-In- · Accumulated Other Comprehensive · Accumulated · Treasury Stock · Snail, Inc. · Non controlling · Total | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Loss | Deficit | Shares | Amount | Equity | interests | Equity | |
| Balance at December 31, 2023 | 9,275,420 | $927 | 28,748,580 | $2,875 | $26,171,575 | $(254,383) | $(13,949,325) | (1,350,275) | $(3,671,806) | $8,299,863 | $(5,499,244) | $2,800,619 |
| Conversion of notes payable | 71,460 | 7 | - | - | 59,993 | - | - | - | - | 60,000 | - | 60,000 |
| Exercise of warrants | 235,712 | 24 | - | - | 396,726 | - | - | - | - | 396,750 | - | 396,750 |
| Stock based compensation related to restricted stock units | - | - | - | - | (890,208) | - | - | - | - | (890,208) | - | (890,208) |
| Common stock issued for service | 43,478 | 4 | - | - | (4) | - | - | - | - | - | - | - |
| Foreign currency translation | - | - | - | - | - | (25,074) | - | - | - | (25,074) | - | (25,074) |
| Net income (loss) | - | - | - | - | - | - | 1,831,940 | - | - | 1,831,940 | (4,865) | 1,827,075 |
| Balance at December 31, 2024 | 9,626,070 | $962 | 28,748,580 | $2,875 | $25,738,082 | $(279,457) | $(12,117,385) | (1,350,275) | $(3,671,806) | $9,673,271 | $(5,504,109) | $4,169,162 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.