AUDDIA INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 7, 2024
AUUD$0.48-17.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Changes in Shareholders’ Equity
Condensed Statements of Changes in Stockholders’ Equity
for the Three and Nine Months Ended September 30, 2024 and 2023
| Series B Preferred Stock · Common Stock | |||||||
|---|---|---|---|---|---|---|---|
| Number of Shares | Par Value | Number of Shares | Par Value | Additional Paid-In-Capital | Accumulated Deficit | Total | |
| Balance, December 31, 2023 | – | $– | 854,162 | $854 | $80,962,896 | $(80,543,330) | $420,420 |
| Issuance of common shares, net of costs | – | – | 1,340,034 | 1,340 | 3,605,168 | – | 3,606,508 |
| Offering costs | – | – | – | – | (44,404) | – | (44,404) |
| Share-based compensation | – | – | – | – | 173,289 | – | 173,289 |
| Net loss | – | – | – | – | – | (2,207,328) | (2,207,328) |
| Balance, March 31, 2024 | – | – | 2,194,196 | 2,194 | 84,696,949 | (82,750,658) | 1,948,485 |
| Issuance of common shares, net of costs | – | – | 600,000 | 600 | 1,245,400 | – | 1,246,000 |
| Issuance of Series B preferred stock and warrants | 2,314 | 2 | – | – | 2,238,573 | – | 2,238,575 |
| Conversion of debt to equity | – | – | – | – | 1,543,772 | – | 1,543,772 |
| Offering costs | – | – | – | – | (97,333) | – | (97,333) |
| Share-based compensation | – | – | – | – | 132,488 | – | 132,488 |
| Net loss | – | – | – | – | – | (2,303,425) | (2,303,425) |
| Balance, June 30, 2024 | 2,314 | 2 | 2,794,196 | 2,794 | 89,759,849 | (85,054,083) | 4,708,562 |
| Issuance of common shares, net of costs | – | – | 2,875,263 | 2,876 | 3,320,665 | – | 3,323,541 |
| Issuance of restricted stock units | – | – | 4,216 | 4 | (4) | – | – |
| Capitalized dividends | – | – | – | – | 102,652 | (102,652) | – |
| Offering costs | – | – | – | – | (65,423) | – | (65,423) |
| Share-based compensation | – | – | – | – | 119,416 | – | 119,416 |
| Net loss | – | – | – | – | – | (1,949,428) | (1,949,428) |
| Balance, September 30, 2024 | 2,314 | $2 | 5,673,675 | $5,674 | $93,237,155 | $(87,106,163) | $6,136,668 |
| Series B Preferred Stock · Common Stock | |||||||
|---|---|---|---|---|---|---|---|
| Number of Shares | Par Value | Number of Shares | Par Value | Additional Paid-In-Capital | Accumulated Deficit | Total | |
| Balance, December 31, 2022 | – | $– | 506,198 | $506 | $75,585,411 | $(71,735,834) | $3,850,083 |
| Exercise of restricted stock units and warrants | – | – | 7,830 | 8 | 42,789 | – | 42,797 |
| Share-based compensation | – | – | – | – | 357,680 | – | 357,680 |
| Net loss | – | – | – | – | – | (2,155,312) | (2,155,312) |
| Balance, March 31, 2023 | – | – | 514,028 | 514 | 75,985,880 | (73,891,146) | 2,095,248 |
| Issuance of common shares, net of costs | – | – | 283,861 | 284 | 3,963,600 | – | 3,963,884 |
| Issuance of warrants | – | – | – | – | 383,004 | – | 383,004 |
| Share-based compensation | – | – | – | – | 224,856 | – | 224,856 |
| Revaluation of share-based compensation liability | – | – | – | – | (12,352) | – | (12,352) |
| Net loss | – | – | – | – | – | (2,322,862) | (2,322,862) |
| Balance, June 30, 2023 | – | – | 797,888 | 798 | 80,544,988 | (76,214,008) | 4,331,778 |
| Share-based compensation | – | – | – | – | 217,141 | – | 217,141 |
| Revaluation of share-based compensation | – | – | – | – | (17,424) | – | (17,424) |
| Net loss | – | – | – | – | – | (2,116,482) | (2,116,482) |
| Balance, September 30, 2023 | – | $– | 797,888 | $798 | $80,744,705 | $(78,330,490) | $2,415,013 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.