Company: ATLN
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001605888-25-000031
Chunk: 46

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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138,477,283 $(156,942,244)$(18,464,415)

Mezzanine CapitalMembers’ Capital (Deficit)Stockholders’ (Deficit)Non-Redeemable InterestsCommon StockRedeemableInterestsTotal MezzanineCapitalContributed CapitalAccumulated(Deficit)Total Members’(Deficit)SharesAmountAdditional Paid inCapitalAccumulated DeficitTotal Stockholders’(Deficit)Balance - December 31, 2023$10,663,750 $10,663,750 $11,786,313 $(61,804,116)$(50,017,803)25,423,729$254 $22,449,809 $(61,804,116)$(39,354,053)Net loss- - - - - -- - (4,866,844)(4,866,844)Capital contribution- - 1,033,969 - 1,033,969 -- 1,033,969 - 1,033,969 Accretion to redemption value133,162 133,162 (133,162)- (133,162)-- - - - Redemption of redeemable interests(10,796,912)(10,796,912)10,796,912 - 10,796,912 -- - - - Effect from merger- - (23,484,032)61,804,116 38,320,084 -- (1,804,116)61,804,116 60,000,000 Balance - March 31, 2024$- $- $- $- $- 25,423,729$254 $21,679,662 $(4,866,844)$16,813,072 Net loss- - - - - -- - (54,911,719)(54,911,719)Stock based compensation- - - - - -- 4,506,066 - 4,506,066 Recapitalization of legacy company- - - - - 380,6484 (1,703,193)- (1,703,189)Deemed contribution of debt deconsolidation from related party