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Unusual Machines Inc

For the period ended Dec 31, 2023. Filed Mar 22, 2024.

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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 22, 2024

UMAC$12.59-6.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets at December 31, 2023 and 2022

December 31,
20232022
ASSETS
Current assets:
Cash and cash equivalents$894,773$3,099,422
Deferred offering costs512,75887,825
Other current assets120,631139,375
Total current assets1,528,1623,326,622
Property and equipment, net1,2543,690
Total non-current assets1,2543,690
Total assets$1,529,416$3,330,312
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable and accrued expenses$114,497$120,938
Total current liabilities114,497120,938
Stockholders’ equity:
Series B preferred stock - $0.01 par value, 10,000,000 authorized and 190 and 140 shares issued and outstanding at December 31, 2023 and 2022, respectively21
Common stock - $0.01 par value, 500,000,000 authorized and 3,217,255 and 3,392,250 shares issued and outstanding at December 31, 2023 and 2022, respectively32,17333,923
Additional paid in capital4,715,7904,714,041
Accumulated deficit(3,333,046)(1,538,591)
Total stockholders’ equity1,414,9193,209,374
Total liabilities and stockholders’ equity$1,529,416$3,330,312

See accompanying independent auditor’s report and notes to the 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.