Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 720

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 4
Chunk 720
---
—  
     —  
     (10,232,898) 
     (10,232,898)
  
    Balance, December 31, 2024 
     70,466,103  
    $70,464  
    $571,979  
    $122,323,597  
    $63,204  
    $(140,193,506) 
    $(17,164,262)
  
    Balance 
     70,466,103  
    $70,464  
    $571,979  
    $122,323,597  
    $63,204  
    $(140,193,506) 
    $(17,164,262)

See
accompanying notes to consolidated financial statements.

-24-

Mobivity
Holdings Corp.

Consolidated
Statements of Cash Flows

    2024  
    2023 

    For the Year Ended 

    December 31, 

    2024  
    2023 
  
    OPERATING ACTIVITIES 

    Net loss 
    $(10,232,898) 
    $(12,064,199)
  
    Net loss from discontinued operations 
     1,056,997  
     1,615,058 
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Bad debt expense 
     (971) 
     28,801 
  
    Loss on settlement of debt -Related Party 
     106,252  
     10,857 
  
    Stock-based compensation 
     865,307  
     3,454,252 
  
    Depreciation and amortization expense 
     51,192  
     53,960 
  
    Amortization of debt discount 
     482,102  
     136,448 
  
    Increase (decrease) in cash resulting from changes in: 

    Accounts receivable 
     14,059  
     3,384 
  
    Other current assets 
     (41,599) 
     59,101 
  
    Operating lease assets/liabilities 
     (47,067) 
     (40,392)
  
    Accounts payable 
     (728,539) 
     (40,471)
  
    Accrued interest 
     1,