Overview
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- TickerAUUD on Nasdaq1
- IndustryServices-Computer Processing & Data Preparation1
- HeadquartersBoulder, Colorado1
- Incorporated inDE2
- Business address1680 38Th Street, Suite 130, Boulder, Co 803012
- Filer category, Emerging growth company2
- Legal formCorporation
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2026. The MVP is expected to be supported by a pilot program of participating customers.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $0 | $0 |
| Direct cost of services | $221.7K | $202.9K |
| Sales and marketing | $829.4K | $860.7K |
| Research and development | $1.1M | $1.0M |
| General and administrative | $2.8M | $3.8M |
| Restructuring | $1.2M | $0 |
| Depreciation and amortization | $1.6M | $2.0M |
| Total operating expenses | $7.7M | $7.9M |
| Loss from operations | -$7.7M | -$7.9M |
| Interest expense | $4.4K | -$172.5K |
| Change in fair value of warrants | $0 | -$632.4K |
| Total other income/(expense) | $4.4K | -$804.9K |
| Loss before income taxes | -$7.7M | -$8.7M |
| Provision for income taxes | $0 | $0 |
| Net loss | -$7.7M | -$8.7M |
| Net loss per share attributable to common stockholders, Basic | -$5.60 | -$57.69 |
| Net loss per share attributable to common stockholders, Diluted | -$5.60 | -$57.69 |
| Weighted average common shares outstanding, Basic | 1.4M shares | 151.2K shares |
| Weighted average common shares outstanding, Diluted | 1.4M shares | 151.2K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.2M | $2.7M | |
| Accounts receivable, net | $321 | $353 | |
| Prepaid assets | $99.8K | $45.7K | |
| Other current assets | $10.0K | $10.0K | |
| Total current assets | $3.3M | $2.8M | |
| Property and equipment, net of accumulated depreciation | $6.7K | $12.3K | |
| Intangible assets, net of accumulated amortization | $25.8K | $3.4K | |
| Software development costs, net of accumulated amortization | $1.6M | $2.3M | |
| Operating lease right of use asset | $44.4K | $74.3K | |
| Deferred offering costs | $219.6K | $137.8K | |
| Total non-current assets | $1.9M | $2.5M | |
| Total assets | $5.2M | $5.3M | |
| Accounts payable and accrued liabilities | $853.4K | $507.7K | |
| Notes payable | $60.5K | $0 | |
| Current portion of operating lease liability | $38.6K | $28.4K | |
| Stock awards liability | $0 | $14.9K | |
| Total current liabilities | $952.5K | $550.9K | |
| Non-current operating lease liability | $14.5K | $53.1K | |
| Total liabilities | $967.0K | $604.0K | |
| Common stock - $0.001 par value, 100,000,000 authorized and 3,101,423 and 397,731 shares issued and outstanding as of December 31, 2025 and 2024, respectively (1) | $3.1K | $398 | |
| Additional paid-in capital | $101.5M | $94.1M | |
| Accumulated deficit | -$97.3M | -$89.4M | |
| Total shareholders' equity | $4.2M | $4.7M | $420.4K |
| Total liabilities and shareholders' equity | $5.2M | $5.3M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 3.1M shares | 397.7K shares | |
| Common stock, shares outstanding | 3.1M shares | 397.7K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.2M | $2.7M | |
| Accounts receivable, net | $321 | $353 | |
| Prepaid assets | $99.8K | $45.7K | |
| Other current assets | $10.0K | $10.0K | |
| Total current assets | $3.3M | $2.8M | |
| Property and equipment, net of accumulated depreciation | $6.7K | $12.3K | |
| Intangible assets, net of accumulated amortization | $25.8K | $3.4K | |
| Software development costs, net of accumulated amortization | $1.6M | $2.3M | |
| Operating lease right of use asset | $44.4K | $74.3K | |
| Deferred offering costs | $219.6K | $137.8K | |
| Total non-current assets | $1.9M | $2.5M | |
| Total assets | $5.2M | $5.3M | |
| Accounts payable and accrued liabilities | $853.4K | $507.7K | |
| Notes payable | $60.5K | $0 | |
| Current portion of operating lease liability | $38.6K | $28.4K | |
| Stock awards liability | $0 | $14.9K | |
| Total current liabilities | $952.5K | $550.9K | |
| Non-current operating lease liability | $14.5K | $53.1K | |
| Total liabilities | $967.0K | $604.0K | |
| Common stock - $0.001 par value, 100,000,000 authorized and 3,101,423 and 397,731 shares issued and outstanding as of December 31, 2025 and 2024, respectively (1) | $3.1K | $398 | |
| Additional paid-in capital | $101.5M | $94.1M | |
| Accumulated deficit | -$97.3M | -$89.4M | |
| Total shareholders' equity | $4.2M | $4.7M | $420.4K |
| Total liabilities and shareholders' equity | $5.2M | $5.3M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 3.1M shares | 397.7K shares | |
| Common stock, shares outstanding | 3.1M shares | 397.7K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$7.7M | -$8.7M |
| Depreciation and amortization | $1.6M | $2.1M |
| Share-based compensation expense | $205.9K | $736.8K |
| Change in fair value of warrants | $0 | $632.4K |
| Amortization of ROU asset | $29.9K | $21.1K |
| Loss on disposal of asset | $3.0K | $0 |
| Accounts receivable | $32 | $141 |
| Prepaid assets | -$54.2K | $4.9K |
| Other current assets | $0 | -$2.9K |
| Accounts payable and accrued liabilities | $345.7K | $199.9K |
| Lease liabilities | -$28.4K | -$13.8K |
| Net cash used in operating activities | -$5.6M | -$5.1M |
| Purchase of property and equipment | -$2.0K | -$12.2K |
| Software capitalization | -$852.2K | -$992.1K |
| Intangibles capitalization | -$23.6K | $0 |
| Net cash used in investing activities | -$877.7K | -$1.0M |
| Offering costs | -$196.5K | -$192.1K |
| Proceeds from note payable | $60.5K | $0 |
| Net settlement of share-based compensation liability | $0 | -$31.1K |
| Repayments of related party debt | $0 | -$2.8M |
| Proceeds from issuance of preferred shares, net of issuance costs | $700.0K | $2.2M |
| Proceeds from issuance of common shares, net of issuance costs | $6.4M | $8.7M |
| Net settlement related to restricted stock units | $727 | $12.9K |
| Warrant exercises | $27 | $0 |
| Net cash provided by financing activities | $7.0M | $8.0M |
| Net increase in cash | $480.7K | $1.9M |
| Cash paid for interest | $7.0K | $1.0K |
| Cash paid for taxes | $0 | $0 |
| Reclassification of deferred offering costs | $114.7K | $65.0K |
| Issuance of warrants in connection with related party debt | $0 | $911.4K |
| Capitalized dividends | $161.7K | $163.1K |
| Right of use asset and assumption of operating lease liability | $0 | $95.3K |
| Dividends and preferred stock converted to common stock | $539 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
AUDDIA INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of AUDDIA INC.
- Iroquois Capital Management, LLC Filed SCHEDULE 13G on AUDDIA INC., latest May 15, 2026
- Abri Capital Ltd. Filed SCHEDULE 13G on AUDDIA INC., latest Apr 30, 2026
- SEG Opportunity Fund, LLC Filed SCHEDULE 13G on AUDDIA INC., latest Apr 30, 2026
- C/M CAPITAL PARTNERS, LP Filed SCHEDULE 13G/A on AUDDIA INC., latest Nov 14, 2025 (2 filings since Aug 7, 2025)
- Goldman Sachs Filed SCHEDULE 13G/A on AUDDIA INC., latest Aug 14, 2025 (2 filings since May 9, 2025)
- White Lion Capital LLC Filed SC 13G on AUDDIA INC., latest Mar 15, 2024 (3 filings since Apr 21, 2023)
- AUDDIA INC. Boulder, Colorado
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What AUDDIA INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $102.1K4 Dec 31, 2025 | $110.6K4 Dec 31, 2024 | −7.6% |
| Furniture and fixtures | $11.3K4 Dec 31, 2025 | $11.3K4 Dec 31, 2024 | 0% |
| Computer equipment and software | $9.4M4 Dec 31, 2025 | $8.6M4 Dec 31, 2024 | +9.9% |
| Accumulated depreciation | $106.7K4 Dec 31, 2025 | $109.5K4 Dec 31, 2024 | −2.6% |
| Property and equipment, net | $6.7K4 Dec 31, 2025 | $12.3K4 Dec 31, 2024 | −45.7% |
| Operating-lease assets (leased space) | $44.4K4 Dec 31, 2025 | $74.3K4 Dec 31, 2024 | −40.2% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $3.9K9 Dec 31, 2024 | $3.9K9 Dec 31, 2023 | 0% |
| Accumulated amortization | -$1.8K4 Dec 31, 2025 | -$5314 Dec 31, 2024 | −231.1% |
| Finite-lived intangibles, net | $25.8K4 Dec 31, 2025 | $3.4K4 Dec 31, 2024 | +654.8% |
Properties, in its own words
We own no properties. Our current corporate headquarters is based in a leased office in Boulder, Colorado. Our current lease term expires on April 30, 2027.
Item 2 of the 10-K filed Mar 6, 2026.3
Leadership
Who has led AUDDIA INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJeffrey John Thramann Sep 12, 2025 to now12
- Chief executive officerMichael Thomas Lawless Feb 24, 2021 to Dec 12, 202213
- ChairJeffrey John Thramann Feb 24, 2021 to now14
- Chief financial officerRichard W. Liebman Mar 2, 2021 to Mar 2, 202115
- Chief financial officerBrain Joseph Hoff Apr 15, 2021 to Apr 15, 202116
Board members and other officers (8)
- Chief Technology OfficerPeter Shoebridge Feb 24, 2021 to Sep 9, 202217
- Board memberBoucaud Emmanuel De Jul 9, 2025 to now18
- Board memberNicholas Balletta Jul 10, 2025 to now19
- Board memberJoshua Adam Sroge Jul 18, 2025 to now20
- Board memberMichael Thomas Lawless Feb 24, 2021 to Dec 12, 202213
- Board memberStephen Deitsch Feb 24, 2021 to now21
- Board memberTimothy J. Hanlon Feb 24, 2021 to now22
- Board memberThomas Carl Birch Mar 19, 2021 to now23
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive OfficerJohn Edward Mahoney named May 3, 2024 to Jul 15, 202524
Former names
- Clip Interactive, LLCJul 25, 2012 to Feb 16, 20212
Timeline
- Oct 6, 20268-K Shareholder vote; Other events25
- Sep 24, 20268-K Shareholder vote; Other events26
- Aug 19, 20268-K Financial statements and exhibits27
- Jul 23, 20268-K Entered a material agreement28
- May 20, 20268-K Financial statements and exhibits29
- May 8, 20268-K Executive or director change; Shareholder vote30
- Apr 29, 20268-K Entered a material agreement; Unregistered sale of shares31
- Apr 27, 20268-K Entered a material agreement32
- Apr 2, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed33
- Mar 6, 20268-K Financial statements and exhibits34
- Feb 19, 20268-K Regulation FD disclosure35
- Feb 17, 20268-K Entered a material agreement; Regulation FD disclosure36
- Sep 12, 2025New chief executive Jeffrey John Thramann becomes CEO12
- Feb 24, 2021New chief executive Michael Thomas Lawless becomes CEO13
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/202637
When it reported results
- Sep 6, 2024Reported quarterly or annual results38
- Aug 23, 2024Reported quarterly or annual results39
- Mar 18, 2024Reported quarterly or annual results40
- Nov 9, 2023Reported quarterly or annual results41
- Aug 25, 2023Reported quarterly or annual results42
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
235 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 68 major events, 37 insider forms, 10 large holders, 2 private raises, 98 other. The latest 20:
- Oct 6, 2026425 PROSPECTUS COMMUNICATION EDGAR
- Oct 6, 20268-K CURRENT REPORT EDGAR
- Sep 24, 20268-K EDGAR
- Sep 24, 2026425 EDGAR
- Sep 11, 2026425 EDGAR
- Aug 19, 20268-K CURRENT REPORT EDGAR
- Aug 14, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Aug 11, 2026DEFM14A DEFINITIVE PROXY RELATING TO MERGER EDGAR
- Jul 23, 20268-K EDGAR
- May 20, 2026425 EDGAR
- May 20, 20268-K EDGAR
- May 15, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
- May 15, 2026SCHEDULE 13G EDGAR
- May 8, 20268-K EDGAR
- Apr 30, 2026SCHEDULE 13G EDGAR
- Apr 30, 2026SCHEDULE 13G EDGAR
- Apr 29, 20268-K EDGAR
- Apr 27, 20268-K EDGAR
- Apr 27, 2026424B4 PROSPECTUS EDGAR
- Apr 23, 2026EFFECT EDGAR
The 235 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 2 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 31, 2025 | Thramann Jeffrey JohnCEO and Executive Chairman | Sale | 2,301 | $0.96 | $2.2K | Form 4 |
| Jul 14, 2022 | Thramann Jeffrey JohnCEO and Executive Chairman | Buy | 6,500 | $0.99 | $6.4K | Form 4 |
| Jul 12, 2022 | Thramann Jeffrey JohnCEO and Executive Chairman | Buy | 2,500 | $0.97 | $2.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Iroquois Capital Management, LLCSCHEDULE 13G, 1 filing May 15, 202643
- Abri Capital Ltd.SCHEDULE 13G, 1 filing Apr 30, 202644
- SEG Opportunity Fund, LLCSCHEDULE 13G, 1 filing Apr 30, 202645
- C/M CAPITAL PARTNERS, LPSCHEDULE 13G/A, 2 filings Aug 7, 2025 to Nov 14, 202546
- Goldman SachsSCHEDULE 13G/A, 2 filings May 9, 2025 to Aug 14, 202547
- White Lion Capital LLCSC 13G, 3 filings Apr 21, 2023 to Mar 15, 202448
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $3.1M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2025 | $750.0K | $750.0K |
| 2024 | $2.3M | $2.3M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Jane Street Group, LLC | 151,515 | $204.5K | 0.0% | New |
| Geode Capital Management, LLC | 12,454 | $16.8K | 0.0% | New |
| Tower Research Capital LLC (TRC) | 4,778 | $6.5K | 0.0% | New |
| Morgan Stanley | 3,410 | $4.6K | 0.0% | New |
| Westside Investment Management, Inc. | 1,000 | $1.4K | 0.0% | New |
| Citigroup Inc | 1 | $1 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How AUDDIA INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAUDDIA INC.1
- CIK0001554818
- Employer ID (EIN)45-42572183
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address1680 38Th Street, Suite 130, Boulder, CO 803011
- Phone303-219-97711
- Shares outstanding5,803,050 as of Aug 13, 202611
- Public float$3.7M as of Jun 30, 20243
- AuditorHaynie & Company, Salt Lake City, Utah PCAOB ID 457; it also attests to the company’s internal control over financial reporting3
- On EDGAR sinceJul 25, 20121
- Filings309 in all: 8-K (70), 4 (40), CORRESP (18), 10-Q (17), S-1/A (15), 3 (14), UPLOAD (13), 424B3 (12)1
All 45 form types
EFFECT (12), S-1 (9), D (8), 10-K (6), 425 (6), DEF 14A (6), PRE 14A (6), 424B5 (5), SCHEDULE 13G (5), 1-A/A (4), 424B4 (3), DRS (3), DRSLTR (3), S-3 (3), 8-K/A (2), NT 10-Q (2), POS AM (2), RW (2), S-8 (2), SC 13D (2), SC 13G (2), SCHEDULE 13G/A (2), 1-A (1), 144 (1), 25-NSE (1), 4/A (1), 8-A12B (1), C (1), CERT (1), D/A (1), DEFA14A (1), DEFM14A (1), FWP (1), S-1MEF (1), S-3/A (1), SC 13G/A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 6, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Mar 30, 2026
Latest 8-K (8-K) Oct 6, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.001 per share | AUUD | Nasdaq |
From the cover page of the 10-K filed Mar 6, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks AUDDIA INC. names in Item 1A of its 10-K filed Mar 6, 2026: 39 risks under these headings, as written.3
- Risks related to the proposed merger with Thramann Holdings
- Risks related to our financial position and need for additional capital
- Risks related to the development of our products
- Risks related to our business operations
- Risks related to our intellectual property
- Risks related to ownership of common stock
- Risks Related to the proposed merger with Thramann Holdings
- The merger with Thramann Holdings and the resulting change in control from such merger must be approved by Auddia stockholders. Failure to obtain stockholder approval would prevent the closing of the Thramann Holdings merger.
- Failure to complete the merger may result in Auddia paying a termination fee to Thramann Holdings, and could harm the common stock price and future business and operations of Auddia.
- If the conditions to the merger are not satisfied or waived, the merger may not occur.
- Auddia stockholders may not realize a benefit from the merger commensurate with the ownership dilution they will experience in connection with the merger.
- Auddia’s stockholders will generally have a reduced ownership and voting interest in, and will exercise less influence over the management of, the holding company following the completion of the merger as compared to their current ownership and voting interests in Auddia.
The other 34 risks
- Our auditors have expressed substantial doubt about our ability to continue as a going concern, which may hinder our ability to obtain further financing.
- We have incurred significant net losses since inception and anticipate that we will continue to incur net losses for the foreseeable future and may never achieve or maintain profitability.
- We will need additional funding, which may not be available on acceptable terms, or at all. Failure to obtain this capital when needed may force us to delay, limit or terminate our product development efforts or other operations.
- Raising additional capital may cause dilution to our existing stockholders, restrict our operations or require us to relinquish rights to our technologies and product candidates.
- We have generated historical revenue from our mobile app platform for radio stations, but future revenue growth is dependent on new software services.
- Our limited operating history of our current business plan may make it difficult for investors to evaluate the success of our business to date and to assess our future viability.
- If we fail to maintain proper and effective internal controls, our ability to produce accurate financial statements on a timely basis could be impaired, which would adversely affect our business.
- Our subscription revenue margins and our freedom to operate our faidr radio platform rely on continuity of the established music licensing framework.
- Our faidr platform will rely on the established “personal use exemption” which allows individuals to record content for time-shifting purposes.
- If we are unable to obtain and maintain patent protection for our products and product candidates, or if the scope of the patent protection obtained is not sufficiently broad, our competitors could develop and commercialize products and product candidates similar or identical to ours, and our ability to successfully commercialize our products and product candidates may be adversely affected.
- Real or perceived errors, failures or bugs in our platform or products could materially and adversely affect our operating results and growth prospects.
- Risks related to our proposed merger with Thramann Holdings.
- Our recently announced growth strategy includes seeking acquisitions of other companies or assets in our industry sector. We may not be successful in identifying, making and integrating business or asset acquisitions, if any, in the future.
- Our future success depends on our ability to retain key employees, consultants and advisors and to attract, retain and motivate qualified personnel.
- If we are unable to manage expected growth in the scale and complexity of our operations, our performance may suffer.
- Any cybersecurity-related attack, significant data breach or disruption of the information technology systems or networks on which we rely could negatively affect our business.
- Changing regulations and increased awareness relating to privacy, information security and data protection could increase our costs, affect or limit how we collect and use personal information and harm our brand.
- Our business depends on a strong brand, and if we are not able to develop, maintain and enhance our brand, our business and operating results may be harmed. Moreover, our brand and reputation could be harmed if we were to experience significant negative publicity.
- Enacted and future legislation may increase the difficulty and cost for us to commercialize our product candidates and may affect the prices we may set.
- We may be subject to litigation, disputes or regulatory inquiries for a variety of claims, which could adversely affect our results of operations, harm our reputation or otherwise negatively affect our business.
- Any failure to protect our intellectual property rights could impair our business.
- If third parties claim that we infringe upon or otherwise violate their intellectual property rights, our business could be adversely affected.
- Indemnity provisions in various agreements potentially expose us to substantial liability for intellectual property infringement and other losses.
- Risks related to ownership of our common stock
- A significant portion of our total outstanding shares are eligible for sale into the public market. Substantial sales of our shares into the public market could cause the market price of our common stock to drop significantly, even if our business is performing well.
- The issuance of common stock pursuant to our equity line facility or our ATM facility may cause substantial dilution to our existing shareholders, and the sale of such shares in connection with our equity line or ATM facilities could cause the price of our common stock to decline.
- The price of our common stock may be volatile and fluctuate substantially, which could result in substantial losses for investors in our securities.
- If securities analysts do not publish research or reports about our business or if they publish negative evaluations of our stock, the price of our stock could decline.
- We may not be able to continue our current listing of our common stock on the Nasdaq Capital Market. A delisting of our common stock from Nasdaq could limit the liquidity of our stock, increase its volatility and hinder our ability to raise capital.
- We are an “emerging growth company,” and the reduced disclosure requirements applicable to emerging growth companies may make our common stock less attractive to investors.
- We continue to incur increased costs as a result of operating as a public company, and our management will be required to devote substantial time to new compliance initiatives.
- Failure to establish and maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act could have a material adverse effect on our business and stock price.
- Provisions in our corporate charter and our bylaws and under Delaware law could make an acquisition of us, which may be beneficial to our stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management.
- Because we do not anticipate paying any cash dividends on our capital stock in the foreseeable future, capital appreciation, if any, will be your sole source of gain.
- Our charter provides that the Court of Chancery of the State of Delaware is the exclusive forum for certain litigation that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for such disputes with us or our directors, officers or employees.
Legal proceedings
From time to time, we are involved in various disputes, claims, suits, investigations, and legal proceedings arising in the ordinary course of business. We believe that the resolution of current pending legal matters will not have a material adverse effect on our business, financial condition, results of operations or cash flows. Nonetheless, we cannot predict the outcome of these proceedings, as legal matters are subject to inherent uncertainties, and there exists the possibility that the ultimate resolution of these matters could have a material adverse effect on our business, financial condition, results of operations or cash flows. For additional information, see “Note 7. Commitments and Contingencies” to our financial statements included in this Form 10-K.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAUDDIA INC. filings on SEC EDGAR
- 2SEC EDGARAUDDIA INC. filings on SEC EDGAR
- 3
- 4SEC EDGARAUDDIA INC. 10-K for fiscal 2025
- 5SEC EDGARAUDDIA INC. 10-K for fiscal 2019
- 6SEC EDGARAUDDIA INC. 10-K for fiscal 2020
- 7SEC EDGARAUDDIA INC. 10-K for fiscal 2021
- 8SEC EDGARAUDDIA INC. 10-K for fiscal 2022
- 9SEC EDGARAUDDIA INC. 10-K for fiscal 2023
- 10SEC EDGARAUDDIA INC. 10-Q for fiscal 2026
- 11SEC EDGARAUDDIA INC. 10-Q for fiscal 2026
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- 14SEC EDGARJeffrey John Thramann, Chair
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- 18SEC EDGARBoucaud Emmanuel De, Board member
- 19SEC EDGARNicholas Balletta, Board member
- 20SEC EDGARJoshua Adam Sroge, Board member
- 21SEC EDGARStephen Deitsch, Board member
- 22SEC EDGARTimothy J. Hanlon, Board member
- 23SEC EDGARThomas Carl Birch, Board member
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- 25SEC EDGARShareholder vote; Other events
- 26SEC EDGARShareholder vote; Other events
- 27SEC EDGARFinancial statements and exhibits
- 28SEC EDGAREntered a material agreement
- 29SEC EDGARFinancial statements and exhibits
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- 32SEC EDGAREntered a material agreement
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- 34SEC EDGARFinancial statements and exhibits
- 35SEC EDGARRegulation FD disclosure
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- 37NasdaqNasdaq calendar
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