Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 0

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Mobivity Holdings Corp.

Condensed Consolidated Balance Sheets

    March 31,  
    December 31, 

    2025  
    2024 

    (Unaudited)  
    (Audited) 
  
    ASSETS 

    Current assets 

    Cash 
    $291,732  
    $1,261,240 
  
    Restricted Cash 
     134,816  
     134,743 
  
    Accounts receivable, net of allowance for doubtful accounts $6,872, and $44,752, respectively 
     262,342  
     142,766 
  
    Current assets from discontinued operations 
     46,238  
     214,779 
  
    Other current assets 
     157,420  
     178,336 
  
    Total current assets 
     892,548  
     1,931,864 
  
    Right to use lease assets 
     481,406  
     541,618 
  
    Intangible assets and software development costs, net 
     53,878  
     55,689 
  
    Fixed Assets 
     16,073  
     29,265 
  
    Other assets 
     3,424  
     — 
  
    TOTAL ASSETS 
    $1,447,329  
    $2,558,436 
  
    LIABILITIES AND STOCKHOLDERS’ DEFICIT 

    Current liabilities 

    Accounts payable 
    $2,785,616  
    $2,643,602 
  
    Accrued interest 
     725,583  
     497,848 
  
    Accrued and deferred personnel compensation 
     209,633  
     306,605 
  
    Deferred revenue and customer deposits 
     82,041  
     143,595 
  
    Related party notes payable, net - current maturities 
     3,083,828  
     2,315,703 
  
    Notes payable, net - current maturities 
     —  
     — 
  
    Operating lease liability, current 
     308,984  
     302,178 
  
    Other current liabilities 
     233,699  
     584,754 
  
    Total current liabilities 
     7,429,384