Freight Technologies, Inc.
For the period ended Jun 30, 2025. Filed Aug 18, 2025.
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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.
Jun 30, 2025 · Filed Aug 18, 2025
FRGT$0.82-18.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Stockholders’ Equity (Deficit)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)
| Preferred Stock · Series · Ordinary Shares (*) · Additional · Accumulated Other · Total Shareholders’ | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Shares · Amount · Series B Shares · Amount · Seed Shares · Amount · Ordinary Shares · Amount · Paid-In Capital · Accumulated Deficit · Income (Loss) · Equity (Deficit) | ||||||||||||||
| Balance, March 31, 2024 | 154,565,756 | $15,547 | 1,262,074 | $126 | 7,020 | - | 37,444 | - | $41,677,999 | $(41,572,001) | $653,028 | $774,609 | ||
| Issuance of ordinary shares from conversion of preferred stock | (152,750,318) | (15,275) | - | - | - | - | 22,913 | - | 33,525 | - | - | 18,250 | ||
| Issuance of ordinary shares from exercise of warrants | - | - | - | - | - | - | 53,450 | - | - | - | - | - | ||
| Issuance of ordinary shares for cash, net of costs | - | - | - | - | - | - | 34,616 | - | 1,453,589 | - | - | 1,453,589 | ||
| Shared based compensation for equity-based awards | - | - | - | - | - | - | (1) | - | 252,192 | - | - | 252,191 | ||
| Foreign currency translation adjustment | - | - | - | - | - | - | - | - | - | (576,440) | (576,440) | |||
| Net Loss | - | - | - | - | - | - | - | - | - | (1,954,556) | - | (1,954,556) | ||
| Balance June 30, 2024 | 1,815,438 | 182 | 1,262,074 | 126 | 7,020 | - | 148,422 | - | 43,417,305 | (43,526,557) | 76,588 | (32,356) | ||
| Balance March 30, 2025 | 5,667,518 | 567 | 1,262,074 | 126 | 7,020 | - | 566,268 | - | 53,905,074 | (46,518,825) | (1,227,846) | 6,159,097 | ||
| Issuance of preferred stock for note conversion | 387,305 | 39 | - | - | - | - | - | - | 1,508,128 | - | - | 1,508,167 | ||
| Issuance of ordinary shares from exercise of warrants | - | - | - | - | - | - | 2,086,054 | - | - | - | - | - | ||
| Share based compensation for equity-based awards | - | - | - | - | - | - | - | - | 225,083 | - | - | 225,082 | ||
| Foreign currency translation adjustment | - | - | - | - | - | - | - | - | - | - | 241,796 | 241,796 | ||
| Net Loss | - | - | - | - | - | - | - | - | - | 649,238 | - | 649,238 | ||
| Balance June 30 2025 | 6,054,823 | 606 | 1,262,074 | 126 | 7,020 | - | 2,652,322 | - | 55,638,285 | (45,869,587) | (986,050) | 8,783,380 | ||
| Balance, December 31, 2023 | 162,732,288 | $16,274 | 1,262,074 | $126 | 7,020 | - | 21,919 | - | $41,434,244 | $(39,315,551) | $491,888 | $2,626,981 | ||
| Issuance of ordinary shares from conversion of preferred stock | (160,916,850) | (16,092) | - | - | - | - | 24,138 | - | 14,092 | - | - | (2,000) | ||
| Issuance of ordinary shares for exercise of warrants | - | - | - | - | - | - | 67,749 | - | - | - | - | - | ||
| Issuance of common stock for cash net of issuance costo | - | - | - | - | - | - | 34,616 | - | 1,453,589 | - | - | 1,453,589 | ||
| Issuance of stock upon vesting restricted stock | - | - | - | - | - | - | - | - | - | - | - | - | ||
| Share based compensation for equity based awards | - | - | - | - | - | - | - | - | 515,380 | - | - | 515,380 | ||
| Transaction costs related to note payable | - | - | - | - | - | - | - | - | - | - | - | - | ||
| Foreign currency translation adjustment | - | - | - | - | - | - | - | - | - | - | (415,300) | (415,300) | ||
| Net loss | - | - | - | - | - | - | - | - | - | (4,211,006) | - | (4,211,006) | ||
| Balance, June 30, 2024 | 1,815,438 | $182 | 1,262,074 | $126 | 7,020 | $ | - | 148,422 | $ | - | $43,417,305 | $(43,526,557) | $76,588 | $(32,356) |
| Balance, December 31, 2024 | 1,815,438 | $182 | 1,262,074 | $126 | 7,020 | $ | - | 546,268 | $ | - | $45,510,375 | $(44,916,779) | $(1,248,664) | $(654,760) |
| Issuance of ordinary shares from conversion of preferred stock | - | - | - | - | - | - | 2,106,054 | - | - | - | - | - | ||
| Issuance of ordinary shares for exercise of warrants | - | - | - | - | - | - | - | - | - | - | - | - | ||
| Issuance of preferred stock for cash | 1,540,832 | 154 | - | - | - | - | - | - | 2,999,846 | - | - | 3,000,000 | ||
| Issuance of preferred stock for cryptocurrency | 2,311,248 | 231 | - | - | - | - | - | - | 5,199,769 | - | - | 5,200,000 | ||
| Issuance of series A4 preferred shares for note | 387,305 | 39 | 1,508,128 | 1,508,167 | ||||||||||
| Share-based compensation | - | - | - | - | - | - | - | - | 450,167 | - | - | 450,167 | ||
| Transaction cost incurred | (30,000) | (30,000) | ||||||||||||
| Foreign currency translation adjustment | - | - | - | - | - | - | - | - | - | - | 262,614 | 262,614 | ||
| Net loss | - | - | - | - | - | - | - | - | - | (952,808) | - | (952,808) | ||
| Balance, June 30, 2025 | 6,054,823 | $606 | 1,262,074 | $126 | 7,020 | $ | - | 2,652,322 | $ | - | $55,638,285 | $(45,869,587) | $(986,050) | $8,783,380 |
| (*) | Reflects reverse split of 10:1 as approved by the Board of Directors of Freight Technologies, Inc. on January 26, 2024, effective as of February 5, 2024; the reverse split of 1:25 as approved by the Board of Directors of Freight Technologies, Inc. on September 12, 2024, effective as of September 25, 2024; and the reverse split of 1:4 as approved by the Board of Directors of Freight Technologies, Inc. on April 18, 2025, effective as of May 27, 2025. |
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