Bimergen Energy Corp
For the period ended Dec 31, 2024. Filed May 30, 2025.
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FY2024 · Filed May 30, 2025
BESS$4.14+8.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 2024 and 2023
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $156,087 | $152,417 |
| Deferred offering costs | 222,497 | - |
| Prepaid expenses and other current assets | 650,293 | 11,000 |
| Total current assets | 1,028,877 | 163,417 |
| Intangible assets | 22,222,200 | - |
| Total assets | $23,251,077 | $163,417 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | 273,482 | 35,229 |
| Accounts payable and accrued liabilities – related parties | 540,003 | - |
| Deferred revenue | 943,500 | - |
| Total current liabilities | 1,756,985 | 35,229 |
| Commitments and Contingencies (See Notes 7 and 12) | - | - |
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | - | - |
| Common stock: $0.001 par value, 1,000,000,000 shares authorized, 5,121,384 and 3,460,459 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 5,121 | 3,460 |
| Additional paid-in capital | 26,263,670 | 2,141,740 |
| Accumulated deficit | (4,774,699) | (2,017,012) |
| Total stockholders’ equity | 21,494,092 | 128,188 |
| Total liabilities and stockholders’ equity | $23,251,077 | $163,417 |
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