Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 258

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1A
Chunk 258
---
,979  
     989,947 
  
    Additional paid-in capital 
     122,323,597  
     118,624,601 
  
    Accumulated other comprehensive income (loss) 
     63,204  
     (153,831)
  
    Accumulated deficit 
     (140,193,506) 
     (129,960,608)
  
    Total stockholders’ equity (deficit) 
     (17,164,262) 
     (10,431,941)
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) 
    $2,558,436  
    $2,334,351 

See
accompanying notes to consolidated financial statements.

-22-

Mobivity
Holdings Corp.

Consolidated
Statements of Operations and Comprehensive Loss

    2024  
    2023 
  
    Fixed Assets 
    For the Year Ended

                                                                                December 31, 

    2024  
    2023 
  
    Revenues 

    Revenues 
    $1,143,535  
    $1,067,672 
  
    Cost of revenues 
     512,901  
     775,877 
  
    Gross profit 
     630,634  
     291,795 
  
    Operating expenses 

    Bad Debt 
     (971) 
     28,801 
  
    General and administrative 
     1,337,644  
     4,322,324 
  
    Sales and marketing 
     2,772,216  
     2,179,410 
  
    Engineering, research, and development 
     3,596,761  
     3,098,261 
  
    Depreciation and amortization 
     51,192  
     53,960 
  
    Total operating expenses 
     7,756,842  
     9,682,756 
  
    Loss from operations 
     (7,126,208) 
     (9,390,961)
  
    Other income/(expense) 

    Interest expense 
     (1,943,412) 
     (1,027,682)
  
    Settlement Losses 
     —  
     (19,250)
  
    Loss on settlement of debt