Brightline Interactive, Inc./NV

For the period ended Mar 31, 2025. Filed May 15, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 15, 2025

BTLN$3.67+4.3%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 exhibits

Contents

Condensed Consolidated Statements of Stockholders’ Equity

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

FOR THE THREE MONTHS ENDED MARCH 31, 2025

Common Stock · Additional Paid-In · Accumulated
	Shares	Amount	Capital	Deficit	Total
Balance as of January 1, 2025	20,272,006	$20,272	$81,925,269	$(64,027,593)	$17,917,948
Common stock and stock option based compensation expense	10,500	11	206,068	-	206,079
Common stock issued to vendors	1,250	1	3,086	-	3,087
Stock option-based board of directors expense	-	-	102,235	-	102,235
Common stock issued for exercise of warrants	760,000	760	-	-	760
Net loss	-	-	-	(1,502,202)	(1,502,202)
Balance as of March 31, 2025	21,043,756	$21,044	$82,236,658	$(65,529,795)	$16,727,907

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

FOR THE NINE MONTHS ENDED MARCH 31, 2025

Common Stock · Additional Paid-In · Accumulated
	Shares	Amount	Capital	Deficit	Total
Balance as of July 1, 2024	18,158,217	$18,158	$74,559,600	$(63,039,273)	$11,538,485
Common stock and stock option based compensation expense	26,500	27	588,364	-	588,391
Common stock issued to vendors	1,250	1	3,086	-	3,087
Stock option-based board of directors expense	-	-	127,154	-	127,154
Common stock issued for exercise of options	7,789	8	(8)	-	-
Common stock issued in Securities Purchase Agreement, net	1,990,000	1,990	6,783,562	-	6,785,552
Common stock issued for exercise of warrants	860,000	860	174,900	-	175,760
Net loss	-	-	-	(2,490,522)	(2,490,522)
Balance as of March 31, 2025	21,043,756	$21,044	$82,236,658	$(65,529,795)	$16,727,907

CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

FOR THE THREE MONTHS ENDED MARCH 31, 2024

Common Stock · Additional Paid-In · Accumulated
	Shares	Amount	Capital	Deficit	Total
Balance as of January 1, 2024	16,722,146	$16,723	$72,283,210	$(57,502,788)	$14,797,145
Common stock issued to vendors	5,626	5	15,185	-	15,190
Common stock issued to satisfy contingent acquisition obligations	750,000	750	846,752	-	847,502
Common stock and stock option based compensation expense	329,803	330	468,011	-	468,341
Common stock and stock option based board of directors expense	332,642	333	501,616	-	501,949
Net loss	-	-	-	(1,542,256)	(1,542,256)
Balance as of March 31, 2024	18,140,217	$18,141	$74,114,774	$(59,045,044)	$15,087,871

CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

FOR THE NINE MONTHS ENDED MARCH 31, 2024

Common Stock · Additional Paid-In · Accumulated
	Shares	Amount	Capital	Deficit	Total
Balance as of July 1, 2023	14,701,929	$14,702	$67,854,108	$(56,644,978)	$11,223,832
Common stock issued in Securities Purchase Agreement, net	1,885,715	1,886	2,966,615	-	2,968,501
Common stock issued to vendors	34,197	34	88,438	-	88,472
Common stock issued for exercise of options	8,819	9	(9)	-	-
Common stock issued to satisfy contingent acquisition obligations	785,714	786	973,861	-	974,647
Common stock and stock option based compensation expense	391,201	391	1,586,870	-	1,587,261
Common stock and stock option based board of directors expense	332,642	333	644,891	-	645,224
Net loss	-	-	-	(2,400,066)	(2,400,066)
Balance as of March 31, 2024	18,140,217	$18,141	$74,114,774	$(59,045,044)	$15,087,871

The accompanying notes are an integral part of these consolidated financial statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.