Nakamoto Inc.
For the period ended Dec 31, 2024. Filed Mar 28, 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 Mar 28, 2025
NAKA$5.87+0.7%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
Balance Sheets as of December 31, 2024 and 2023
BALANCE SHEETS
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $2,273,624 | $525,500 |
| Accounts receivable, net | 36,850 | 28,001 |
| Inventories, net | 4,300 | 63,202 |
| Prepaid expenses and other current assets | 190,878 | 225 |
| Total Current Assets | 2,505,652 | 616,928 |
| Property and equipment, net | 122,955 | 235,292 |
| Capitalized software | 388,338 | - |
| Operating lease right-of-use assets | 641,651 | 235,706 |
| Security deposits | 19,396 | 11,276 |
| TOTAL ASSETS | $3,677,992 | $1,099,202 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $323,725 | $329,810 |
| Customer deposits | 2,275 | 3,425 |
| Current portion of operating lease liabilities | 138,743 | 94,696 |
| Current portion of finance lease liabilities | 2,030 | - |
| Current portion of notes payable, net | 139,277 | 148,517 |
| Derivative liabilities | - | 238,000 |
| Total Current Liabilities | 606,050 | 814,448 |
| Operating lease liabilities, net of current portion | 496,017 | 164,295 |
| Finance lease liabilities, net of current portion | 7,615 | - |
| Notes payable, net of current portion | - | 228,871 |
| TOTAL LIABILITIES | 1,109,682 | 1,207,614 |
| Stockholders’ Equity (Deficit) | ||
| Preferred Stock, $0.001 par value, 10,000,000 shares authorized; none issued and outstanding as of December 31, 2024 and 2023 | - | - |
| Common stock, $0.001 par value, 100,000,000 shares authorized; 6,050,148 issued and 6,029,648 outstanding as of December 31, 2024 and 4,617,798 issued and outstanding as of December 31, 2023 | 6,050 | 4,618 |
| Treasury stock, at cost | (22,145) | |
| Additional paid-in capital | 10,360,106 | 4,045,024 |
| Accumulated deficit | (7,775,701) | (4,158,054) |
| TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) | 2,568,310 | (108,412) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | $3,677,992 | $1,099,202 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.