Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 731

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 4
Chunk 731
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 are reported as a separate component of Consolidated net loss in the Consolidated Statements of Loss, for
all periods presented, resulting in changes to the presentation of certain prior period amounts. Cash flows from discontinued operations
are reported separately in the Consolidated Statements of Cash Flows. The assets and liabilities of discontinued operations are presented
separately in the Consolidated Balance Sheets for all periods presented.

4.
Going Concern

We
have $1,261,240 of cash as of December 31, 2024. We had a net loss of $10.2 million for the year ended 2024, and we used $6.1 million
of cash in our operating activities during 2024. We raised $6.9 million in cash Convertible Notes issued during 2024.

Our
additional cash from our convertible notes along with our expected cash flow from operations, may not be sufficient to fund our 12-month
plan of operations, and there can be no assurance that we will not require significant additional capital within 12 months.

There
is substantial doubt that our additional cash from our warrant conversion along with our expected cash flow from operations, will be
sufficient to fund our 12-month plan of operations, there can be no assurance that we will not require significant additional capital
within 12 months.

As
shown in the accompanying financial statements, the Company has incurred net losses from operations resulting in an accumulated deficit
of $(140,193,506) as of December 31, 2024. Further losses are anticipated in the development of the Company’s business raising
substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent
upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and
repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over
the next twelve months with the proceeds from the sale of securities, and/or revenues from operations. These financial statements do
not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification
of liabilities that might result from this uncertainty.

5.
Intangible Assets

Intangible
assets

The
following table presents components of identifiable intangible assets for the years ended December 31, 2024 and 2023:

 Schedule
of Intangible Assets

    December 31, 2024  
    December 31, 2023