NOMAD POWER SOLUTIONS, INC.
Filed Jun 18, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Jun 18, 2025
NMAD$3.60+3.2%Stored close · as of Nov 6, 2026
Contents
SELECTED HISTORICAL FINANCIAL DATA
Consolidated Statements of Operations Data
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $— | $— |
| Costs and expenses: | ||
| Research and development costs | 91,457 | 119,064 |
| General and administrative costs | 615,483 | 847,815 |
| Total costs and expenses | 706,940 | 966,879 |
| Loss from operations | (706,940) | (966,879) |
| Interest income | 441 | 2,859 |
| Interest expense | (3,135) | (7,186) |
| Foreign currency gain (loss) | 79 | (116) |
| Net loss | $(709,555) | $(971,322) |
| Net loss per share of common stock – basic and diluted | $(0.29) | $(0.43) |
| Weighted average shares of common stock outstanding – basic and diluted | 2,471,513 | 2,249,290 |
Consolidated Balance Sheet Data
| March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Total current assets | $1,514,228 | $3,589,203 |
| Total assets | $1,514,228 | $3,589,203 |
| Total current liabilities | $355,098 | $462,836 |
| Total liabilities | $355,098 | $462,836 |
| Stockholders’ equity: | ||
| Preferred Stock, $0.0001 par value; authorized – 10,000,000 shares; issued and outstanding – 350,000 shares of Series A Convertible Preferred Stock, $10.00 per share stated value, liquidation preference based on assumed conversion into common stock – 72,917 shares at March 31, 2025 and 2024 | $3,500,000 | $3,500,000 |
| Common stock, $0.0001 par value; authorized – 100,000,000 shares; issued and outstanding – 2,684,074 shares and 2,249,290 shares at March 31, 2025 and 2024, respectively | 268 | 225 |
| Additional paid-in capital | 50,436,110 | 49,079,192 |
| Accumulated deficit | (52,777,248) | (49,453,050) |
| Total stockholders’ equity | $1,159,130 | $3,126,367 |
Consolidated Statements of Operations Data
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | $— | $— |
| Costs and expenses: | ||
| Research and development costs | 726,232 | 898,100 |
| General and administrative costs | 2,846,557 | 4,192,136 |
| Total costs and expenses | 3,572,789 | 5,090,236 |
| Loss from operations | (3,572,789) | (5,090,236) |
| Interest income | 7,048 | 17,486 |
| Interest expense | (16,821) | (16,233) |
| Foreign currency gain (loss) | (3,403) | 1,954 |
| Net loss | $(3,585,965) | $(5,087,029) |
| Net loss per share of common stock – basic and diluted | $(1.59) | $(2.66) |
| Weighted average shares of common stock outstanding – basic and diluted | 2,249,290 | 1,915,838 |
Consolidated Balance Sheet Data
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Total current assets | $1,145,503 | $4,308,620 |
| Total assets | $1,145,503 | $4,308,620 |
| Total current liabilities | $318,824 | $313,858 |
| Total liabilities | $318,824 | $313,858 |
| Stockholders’ equity: | ||
| Preferred Stock, $0.0001 par value; authorized – 10,000,000 shares; issued and outstanding – 350,000 shares of Series A Convertible Preferred Stock, $10.00 per share stated value, liquidation preference based on assumed conversion into common stock – 72,917 shares | $3,500,000 | $3,500,000 |
| Common stock, $0.0001 par value; authorized – 100,000,000 shares; issued and outstanding – 2,249,290 shares at December 31, 2024 and 2023, respectively | 225 | 225 |
| Additional paid-in capital | 49,394,687 | 48,976,265 |
| Accumulated deficit | (52,067,693) | (48,481,728) |
| Total stockholders’ equity | $827,219 | $3,994,762 |
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