AUDDIA INC
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
AUUD$0.24-12.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets as of December 31, 2024 and 2023
Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,706,319 | $804,556 |
| Accounts receivable, net | 353 | 494 |
| Prepaid assets | 45,667 | 50,608 |
| Other current assets | 10,039 | 7,150 |
| Total current assets | 2,762,378 | 862,808 |
| Non-current assets: | ||
| Property and equipment, net of accumulated depreciation | 12,281 | 18,099 |
| Intangible assets, net of accumulated amortization | 3,416 | 3,947 |
| Software development costs, net of accumulated amortization | 2,308,230 | 3,347,935 |
| Operating lease right of use asset | 74,257 | – |
| Deferred offering costs | 137,766 | 170,259 |
| Total non-current assets | 2,535,950 | 3,540,240 |
| Total assets | $5,298,328 | $4,403,048 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | 507,663 | $911,664 |
| Notes payable to related party, net of debt issuance costs | – | 3,025,000 |
| Current portion of operating lease liability | 28,405 | – |
| Stock awards liability | 14,852 | 45,964 |
| Total current liabilities | 550,920 | 3,982,628 |
| Non-current operating lease liability | 53,088 | – |
| Total liabilities | 604,008 | 3,982,628 |
| Commitments and contingencies (Note 5) | – | |
| Shareholders’ equity: | ||
| Series B Preferred stock - $0.001 par value, 2,314 and 0 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 2 | – |
| Common stock - $0.001 par value, 100,000,000 authorized and 6,761,427 and 854,162 shares issued and outstanding as of December 31, 2024 and 2023, respectively (1) | 6,761 | 854 |
| Additional paid-in capital | 94,115,993 | 80,962,896 |
| Accumulated deficit | (89,428,436) | (80,543,330) |
| Total shareholders’ equity | 4,694,320 | 420,420 |
| Total liabilities and shareholders’ equity | $5,298,328 | $4,403,048 |
| (1) | The Company’s common stock outstanding as of December 31, 2023 has been retroactively restated for the effect of the 25-for-1 reverse stock split effective February 26, 2024. |
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.