AUDDIA INC
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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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 Apr 1, 2024
AUUD$0.24-12.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31, 2023 and 2022
Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $804,556 | $1,661,434 |
| Accounts receivable, net | 494 | 137 |
| Prepaid insurance | 28,993 | – |
| Total current assets | 834,043 | 1,661,571 |
| Non-current assets: | ||
| Property and equipment, net of accumulated depreciation | 18,099 | 41,080 |
| Software development costs, net of accumulated amortization | 3,347,935 | 4,134,225 |
| Deferred offering costs | 170,259 | 222,896 |
| Prepaids and other non-current assets | 32,712 | 51,754 |
| Total non-current assets | 3,569,005 | 4,449,955 |
| Total assets | $4,403,048 | $6,111,526 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $911,664 | $324,138 |
| Notes payable to related party, net of debt issuance costs | 3,025,000 | 1,775,956 |
| Stock awards liability | 45,964 | 161,349 |
| Total current liabilities | 3,982,628 | 2,261,443 |
| Total liabilities | 3,982,628 | 2,261,443 |
| Commitments and contingencies (Note 5) | – | – |
| Shareholders' equity: | ||
| Preferred stock - $0.001 par value, 10,000,000 authorized and 0 shares issued and outstanding | – | – |
| Common stock - $0.001 par value, 100,000,000 authorized and 854,162 and 506,198 shares issued and outstanding December 31, 2023 and December 31, 2022, respectively (1) | 854 | 506 |
| Additional paid-in capital | 80,962,896 | 75,585,411 |
| Accumulated deficit | (80,543,330) | (71,735,834) |
| Total shareholders' equity | 420,420 | 3,850,083 |
| Total liabilities and shareholders' equity | $4,403,048 | $6,111,526 |
| (1) | The Company’s common stock outstanding as of December 31, 2023 and 2022 has been retroactively restated for the effect of the 25-for-1 reverse stock split. |
Auddia, Inc.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.