Brand Engagement Network Inc.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

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.

FY2024 · Filed Mar 31, 2025

BNAI$4.84+7.8%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Statements of Stockholders’ (Deficit) Equity

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’EQUITY (DEFICIT)

Preferred Stock · Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · TotalStockholders’ (Deficit)Equity
Shares · Par Value · Shares · Par Value
Balance at December 31, 2022	—	$—			17,057,085		$1,705			$1,528,642			$(1,570,454)			$(40,107)
Stock issued for DM Lab APA	—	—		4,325,043		433			16,012,317			—		16,012,750
Options and warrant exercises	—	—		202,575		20			60,918			—		60,938
Vesting of early exercised options	—	—		—		—			14,062			—		14,062
Stock issued in conversion of convertible notes	—	—		830,547		83			3,074,917			—		3,075,000
Stock issued in settlement of accounts payable and loans payable	—	—		238,488		24			432,939			—		432,963
Sale of common stock, net of issuance costs	—	—		616,666		62			4,929,938			—		4,930,000
Stock-based compensation	—	—		—		—			4,940,113			—		4,940,113
Net loss	—	—		—		—			—			(11,731,266)			(11,731,266)
Balance at December 31, 2023	—	$—			23,270,404		$2,327			$30,993,846			$(13,301,720)			$17,694,453
Stock issued to DHC shareholders in reverse recapitalization	—	—		7,885,220		789			(10,722,277)			—			(10,721,488)
Issuance of common stock pursuant to Reseller Agreement	—	—		1,750,000			175			13,474,825			—			13,475,000
Sale of common stock, net of issuance costs	—	—		2,525,917			394			11,099,936			—			11,100,330
Stock issued in settlement of liabilities	—	—		244,594			24			583,666			—			583,690
Stock issued in conversion of convertible notes	—	—		633,333			63			759,937			—			760,000
Stock issued for Standby Equity Purchase Agreement liability and commitment fee	—	—		1,242,922			124			1,317,394			—			1,317,518
Option and warrant exercises	—	—		152,354			15			100,009			—			100,024
Stock-based compensation, including vested restricted shares				464,244			46			2,050,348			—			2,050,394
Net loss	—	—		—		—			—		(33,715,429)			(33,715,429)
Balance at December 31, 2024	—		$—			38,168,988		$3,957			$49,657,684			$(47,017,149)			$2,644,492

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.