Asset Entities Inc
For the period ended Jun 30, 2024. Filed Aug 14, 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.
Jun 30, 2024 · Filed Aug 14, 2024
ASST$21.45+4.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Changes in Stockholder’s Equity
Condensed Statement of Stockholders’ Equity
For the three and six months ended June 30, 2024 and 2023
| Series A Convertible Preferred Stock · Class A Common Stock · Class B Common Stock · Additional Paid in · Treasury · Accumulated | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Capital · Stock · Deficit · Total | |||||||||||
| Balance - December 31, 2023 | - | $ | - | 1,677,056 | $168 | 1,207,827 | $121 | $8,657,190 | $(176,876) | $(5,558,315) | $2,922,288 |
| Conversion from Class A to Class B common stock | - | - | (170,650) | (17) | 170,650 | 17 | - | - | - | - | |
| Stock Based Compensation | - | - | - | - | - | - | 326,871 | - | - | 326,871 | |
| Net loss | - | - | - | - | - | - | - | - | (1,386,904) | (1,386,904) | |
| Balance - March 31, 2024 | - | $ | - | 1,506,406 | $151 | 1,378,477 | $138 | $8,984,061 | $(176,876) | $(6,945,219) | $1,862,255 |
| Series A Convertible Preferred stock issued | 165 | - | - | - | - | - | 1,345,000 | - | - | 1,345,000 | |
| Class B common stock subscription proceeds received, net | - | - | - | - | 124,318 | 12 | 194,422 | - | - | 194,434 | |
| Class B Common stock issued for restricted stock awards | - | - | - | - | 51,800 | 5 | 412,433 | - | - | 412,438 | |
| Class B Common stock issued for purchase of intangible asset | - | - | - | - | 5,000 | 1 | 9,499 | - | - | 9,500 | |
| Net loss | - | - | - | - | - | - | - | - | (1,726,537) | (1,726,537) | |
| Balance - June 30, 2024 | 165 | $ | - | 1,506,406 | $151 | 1,559,595 | $156 | $10,945,415 | $(176,876) | $(8,671,756) | $2,097,090 |
Condensed Statement of Stockholders’ Equity
For the three and six months ended June 30, 2024 and 2023
| Series A Convertible Preferred Stock · Class A Common Stock · Class B Common Stock · Additional Paid in · Treasury · Accumulated | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Capital · Stock · Deficit · Total | ||||||||||||
| Balance - December 31, 2022 | - | $ | - | 1,677,056 | $168 | 472,946 | $47 | $780,686 | $ | - | $(627,118) | $153,783 |
| Class B common stock and warrant issued | - | - | - | - | 300,000 | 30 | 6,540,463 | - | - | 6,540,493 | ||
| Class B Common stock issued for restricted stock awards | - | - | - | - | 282,200 | 28 | 200,182 | - | - | 200,210 | ||
| Net loss | - | - | - | - | - | - | - | (1,071,251) | (1,071,251) | |||
| Balance - March 31, 2023 | - | $ | - | 1,677,056 | $168 | 1,055,146 | $105 | $7,521,331 | $ | - | $(1,698,369) | $5,823,235 |
| Class B Common stock issued for restricted stock awards | - | - | - | - | 20,000 | 2 | 403,713 | - | - | 403,715 | ||
| Net loss | - | - | - | - | - | - | - | - | (1,321,057) | (1,321,057) | ||
| Balance - June 30, 2023 | - | $ | - | 1,677,056 | $168 | 1,075,146 | $107 | $7,925,044 | $ | - | $(3,019,426) | $4,905,893 |
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