Ainos Inc

For the period ended Dec 31, 2023. Filed Mar 8, 2024.

About this filing

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.

FY2023 · Filed Mar 8, 2024

AIMD$0.47-21.8%Stored close · as of Nov 10, 2026

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Contents

Balance Sheets as of December 31, 2023 and 2022

Balance Sheets

	December 31,
2023 · 2022
Assets
Current assets:
Cash and cash equivalents	$1,885,628		$1,853,362
Accounts receivable (including amounts of related party of nil and $177,595 as of December 31 2023 and 2022, respectively)	455		201,546
Inventory, net	167,593		595,222
Other current assets	419,521		195,787
Total current assets	2,473,197		2,845,917
Intangible assets, net	28,283,208		32,806,738
Property and equipment, net	876,572		1,375,676
Other assets	208,827		80,683
Total assets	$31,841,804		$37,109,014
Liabilities and Stockholders’ Equity
Current liabilities:
Contract liabilities	$112,555	$	-
Convertible notes payable, related party	-		376,526
Other notes payable, related party	42,000		884,000
Accrued expenses and other current liabilities	1,182,283		1,212,386
Total current liabilities	1,336,838		2,472,912
Senior secured convertible notes measured at fair value	2,651,556		-
Convertible notes payable - noncurrent (including amounts of related party of $2,000,000 and nil as of December 31, 2023 and 2022, respectively)	3,000,000		-
Other notes payable, related party - noncurrent	270,000		-
Other long-term liabilities	135,829		8,096
Total liabilities	7,394,223		2,481,008
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value; 50,000,000 shares and 10,000,000 shares authorized as of December 31, 2023 and 2022, respectively; none issued and outstanding	-		-
Common stock, $0.01 par value; 300,000,000 shares authorized as of December 31, 2023 and 2022; 4,677,787 shares and 4,002,320 shares issued and outstanding as of December 31, 2023 and 2022, respectively	46,778		40,023
Common stock to be issued, 162,337 shares and nil as of December 31, 2023 and 2022, respectively	1,623		-
Additional paid-in capital	62,555,808		58,905,242
Accumulated deficit	(37,886,155)		(24,115,606)
Accumulated other comprehensive loss - translation adjustment	(270,473)		(201,653)
Total stockholders’ equity	24,447,581		34,628,006
Total liabilities and stockholders’ equity	$31,841,804		$37,109,014

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.