AUDDIA INC
For the period ended Mar 31, 2024. Filed May 14, 2024.
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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.
Mar 31, 2024 · Filed May 14, 2024
AUUD$0.27-42.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(2,207,328) | $(2,155,312) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Finance charge associated with debt issuance cost | – | 250,941 |
| Depreciation and amortization | 483,746 | 443,035 |
| Share-based compensation expense | 173,289 | 357,680 |
| Change in assets and liabilities: | ||
| Accounts receivable | 59 | (160) |
| Prepaid insurance | 3,569 | (52,200) |
| Prepaids and other non-current assets | (58,138) | (59,043) |
| Operating lease right of use asset | (94,246) | – |
| Accounts payable and accrued liabilities | 199,665 | 141,818 |
| Lease liabilities | 94,246 | – |
| Net cash used in operating activities | (1,405,138) | (1,073,241) |
| Cash flows from investing activities: | ||
| Software capitalization | (273,388) | (270,574) |
| Net cash used in investing activities | (273,388) | (270,574) |
| Cash flows from financing activities: | ||
| Net settlement of share-based compensation liability | – | (78,580) |
| Proceeds from issuance of common shares | 3,606,508 | – |
| Net cash provided by financing activities | 3,606,508 | (78,580) |
| Net decrease in cash and cash equivalents | 1,927,982 | (1,422,395) |
| Cash and cash equivalents, beginning of year | 804,556 | 1,661,434 |
| Cash and cash equivalents, end of period | $2,732,538 | $239,039 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid for Interest | $1,045 | $1,012 |
| Supplemental disclosures of non-cash activity: | ||
| Reclassification of deferred offering cost | $44,404 | $– |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.