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Midas Edge

Asset Entities Inc

For the period ended Sep 30, 2024. Filed Nov 14, 2024.

View on SEC.gov

About 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 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 exhibits
Contents

Statements of Changes in Stockholder’s Equity

Condensed Statement of Stockholders’ Equity

For the nine months ended September 30, 2024

Series A Convertible · Class A · Class B · Additional
Preferred Stock · Common Stock · Common Stock · Paid in · Treasury · Accumulated
Shares · Amount · Shares · Amount · Shares · Amount · Capital · Stock · Deficit · Total
Balance - December 31, 2023-$-1,677,056$1681,207,827$121$8,657,190$(176,876)$(5,558,315)$2,922,288
Conversion from Class A to Class B common stock--(170,650)(17)170,65017----
Stock based compensation------326,871--326,871
Net loss--------(1,386,904)(1,386,904)
Balance - March 31, 2024-$-1,506,406$1511,378,477$138$8,984,061$(176,876)$(6,945,219)$1,862,255
Series A Convertible Preferred stock issued165-----1,345,000--1,345,000
Class B common stock subscription proceeds received, net----124,31812194,422--194,434
Class B Common stock issued for restricted stock awards----51,8005412,433--412,438
Class B Common stock issued for purchase of intangible asset----5,00019,499--9,500
Net loss--------(1,726,537)(1,726,537)
Balance - June 30, 2024165$-1,506,406$1511,559,595$156$10,945,415$(176,876)$(8,671,756)$2,097,090
Series A Convertible Preferred stock issued165-----1,302,500--1,302,500
Class B Common stock issued for conversion of Series A Convertible Preferred stock(49)---368,947377,729--7,766
Conversion from Class A to Class B common stock--(256,406)(26)256,40626----
Cancellation of Class B common stock----(30,067)(3)3---
Stock based compensation------171,274--171,274
Reverse stock split adjustment----71,0087(7)---
Dividend declared - Series A Convertible Preferred stock--------(7,766)(7,766)
Net loss--------(1,315,369)(1,315,369)
Balance - September 30, 2024281$-1,250,000$1252,225,889$223$12,426,914$(176,876)$(9,994,891)$2,255,495

Condensed Statement of Stockholders’ Equity

For the nine months ended September 30, 2023

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$168472,946$47$780,686$-$(627,118)$153,783
Class B common stock and warrant issued----300,000306,540,463--6,540,493
Class B Common stock issued for restricted stock awards----282,20028200,182--200,210
Net loss-------(1,071,251)(1,071,251)
Balance - March 31, 2023-$-1,677,056$1681,055,146$105$7,521,331$-$(1,698,369)$5,823,235
Class B Common stock issued for restricted stock awards----20,0002403,713-403,715
Net loss-------(1,321,057)(1,321,057)
Balance - June 30, 2023-$-1,677,056$1681,075,146$107$7,925,044$(3,019,426)$4,905,893
Rounding adjustment---------
Class B Common stock issued for restricted stock awards------300,316-300,316
Net loss-------(1,190,491)(1,190,491)
Balance - September 30, 2023-$-1,677,056$1681,075,146$107$8,225,360$(4,209,917)$4,015,718
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.