AUDDIA INC. (AUUD) Form 10-Q — Aug 14, 2026
Auddia's Q2 2026 10-Q shows first-ever revenue of just $7,584 from the Discovr Radio pilot against a net loss of $2,975,266, up 89.7% from $1,568,653 a year earlier, with H1 2026 losses reaching $5,256,819. Operating expenses surged on merger-related restructuring costs of $904,730 and sharply higher sales, marketing, and G&A spend. The company disclosed substantial doubt about its ability to continue as a going concern. Cash of $9,558,190, boosted by a ~$12.0 million April 2026 offering at $2.36 per share, is stated to fund operations only into the second quarter of 2027, with management saying it must secure additional funding.
Key figures
- Revenue
- 7584
- Total Debt
- 0
- Total Assets
- 11543222
- Cash Position
- 9558190
- Shares Outstanding
- 5803050
- Cash runway
- sufficient into the second quarter of 2027
- Working capital
- 8831451
- Net loss yoy change pct
- 89.7%
- Reverse split march 2025
- 1-for-17
- Reverse split march 2026
- 1-for-7.7
- Bridge note interest rate
- 8.0% per annum
- Bridge notes funded to date
- 920728
- April 2026 offering expenses
- approximately $1.2 million incl. 7.0% placement fee
- Merger closing cash condition
- 12000000
- Shares outstanding dec 31 2025
- 402833
- Warrants outstanding jun 30 2026
- 5138442
- April 2026 offering gross proceeds
- 11999993
- April 2026 offering price per share
- 2.36
- Post merger auddia shareholder ownership
- 20%
Price after filing
Close on the filing date to close N calendar days later (from $1.02). Historical, not a forecast.
AI analysis
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