AUDDIA INC.

Listed Company

AUUDCIK 0001554818NasdaqEmerging GrowthServices-Computer Processing & Data PreparationDelawareFY ends Dec 31

Period

FY 2025

Revenue

Net Income

$-7.69M

Total Assets

$5.20M

Equity

$4.24M

Shares Out

3.86M

Op. Cash Flow

$-5.63M

Business

AUDDIA INC. is an AI technology company that develops personalized, commercial-free audio experiences by combining AM/FM radio, podcasts, and exclusive content. Its primary product is the faidr audio Superapp, which uses proprietary AI to identify and replace ads in real time, provide skips, time-shifting, on-demand requests, and curated exclusive programming. The company operates in a single reporting segment focused on software products and services for audio streaming and content management. faidr is distributed direct-to-consumer via iOS and Android app stores and through partnerships with radio broadcasters in the U.S.

Summary from filing dated 2025-03-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	0	0	0	0	0
Direct cost of services	221,672	202,950	181,679	180,690	190,187
Sales and marketing	829,415	860,677	1	2	740,652
Research and development	1	1	781,017	654,879	399,521
General and administrative	3	4	4	3	4
Restructuring	1	0	—	—	—
Depreciation and amortization	2	2	2	991,639	166,656
Total operating expenses	8	8	7	7	6
Loss from operations	−8	−8	−7	−7	−6
Interest expense	4,409	−172,512	−1	—	—
Change in fair value of warrants	0	−632,388	0	—	—
Total other income/(expense)	4,409	−804,900	−1	−173,026	−8
Loss before income taxes	−8	−9	−9	−7	−13
Provision for income taxes	0	0	0	0	0
Net loss	−8	−9	−9	−7	−13
Net loss per share attributable to common stockholders, Basic	−5.6	−57.69	−12.93	−13.79	−1.3
Net loss per share attributable to common stockholders, Diluted	−5.6	−57.69	−12.93	−13.79	−1.3
Weighted average common shares outstanding, Basic	1	151,194	681,229	500,095	10
Weighted average common shares outstanding, Diluted	1	151,194	681,229	500,095	10

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	3	3	804,556	—	—
Accounts receivable, net	321	353	494	137	87
Prepaid assets	99,829	45,667	50,608	—	—
Other current assets	10,039	10,039	7,150	—	—
Total current assets	3	3	862,808	2	6
Property and equipment, net of accumulated depreciation	6,670	12,281	18,099	41,080	72,766
Intangible assets, net of accumulated amortization	25,785	3,416	3,947	—	—
Software development costs, net of accumulated amortization	2	2	3	4	3
Operating lease right of use asset	44,392	74,257	0	—	—
Deferred offering costs	219,615	137,766	170,259	222,896	0
Total non-current assets	2	3	4	4	3
Total assets	5	5	4	6	10
Accounts payable and accrued liabilities	853,354	507,663	911,664	324,138	223,196
Notes payable	60,520	0	3	2	0
Current portion of operating lease liability	38,612	28,405	0	—	—
Stock awards liability	0	14,852	45,964	161,349	0
Total current liabilities	952,486	550,920	4	2	223,196
Non-current operating lease liability	14,475	53,088	0	—	—
Total liabilities	966,961	604,008	4	2	—
Commitments and contingencies (Note 5)	—	—	—	—	—
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)	3,101	398	854	506	12,416
Additional paid-in capital	102	94	81	76	74
Accumulated deficit	−97	−89	−81	−72	−65
Total shareholders' equity	4	5	420,420	4	9
Total liabilities and shareholders' equity	5	5	4	6	10

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	2	2	2	991,639	166,656
Share-based compensation expense	205,875	736,797	1	1	1
Amortization of ROU asset	29,865	21,054	0	—	—
Loss on disposal of asset	2,992	0	—	—	—
Accounts receivable	32	141	−357	−50	41
Prepaid assets	−54,161	4,941	−2,802	—	—
Other current assets	0	−2,886	−7,150	—	—
Accounts payable and accrued liabilities	345,691	199,882	565,292	12,220	−955,516
Lease liabilities	−28,406	−13,820	0	—	—
Net cash used in operating activities	−6	−5	−5	−5	−5
Purchase of property and equipment	−1,951	−12,198	—	—	—
Software capitalization	−852,171	−992,147	−1	−2	−1
Intangibles capitalization	−23,596	0	—	—	—
Net cash used in investing activities	−877,718	−1	−1	−2	−2
Offering costs	−196,511	−192,135	0	—	—
Proceeds from note payable	60,520	0	—	—	—
Net settlement of share-based compensation liability	0	−31,112	−87,628	0	—
Repayments of related party debt	0	−3	0	0	−299,198
Proceeds from issuance of preferred shares, net of issuance costs	700,000	2	0	—	—
Proceeds from issuance of common shares, net of issuance costs	6	9	4	0	20
Net settlement related to restricted stock units	727	12,896	0	—	—
Warrant exercises	27	0	—	—	—
Net cash provided by financing activities	7	8	5	2	13
Net increase in cash	480,666	2	−856,878	−5	6
Cash paid for interest	7,043	1,045	6,000	7,082	66,412
Cash paid for taxes	0	0	0	—	—
Reclassification of deferred offering costs	114,662	64,993	—	—	—
Issuance of warrants in connection with related party debt	0	911,384	—	—	—
Capitalized dividends	161,710	163,068	0	—	—
Right of use asset and assumption of operating lease liability	0	95,311	0	—	—
Dividends and preferred stock converted to common stock	539	0	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro