Tue, Apr 15, 7:37 PM (32 days ago)
**Summary of Alpha Modus Holdings, Inc. (AMOD) Annual Report (2024)** **Financial Performance:** - **Revenue:** $0 for 2024 and 2023. - **Net Income:** $4.10 million for 2024, compared to a net loss of $501,295 for 2023. - **Operating Expenses:** $834,895 for 2024, up from $391,949 in 2023. - **Cash Position:** $735,814 as of December 31, 2024. **Strategic Overview:** - **Business Combination:** Completed on December 13, 2024, with Alpha Modus, Corp. - **Patents:** Core technologies include the '571 patent family, focusing on data-driven retail technologies. - **Licensing:** Engaged in intellectual property licensing and enforcement efforts. - **Future Outlook:** Plans to generate licensing revenue in 2024, with potential acquisition interest from larger competitors. **Risk Factors:** - **Financial Condition:** Operating losses and negative cash flows raise substantial doubts about the company's ability to continue as a going concern. - **Market Position:** Competitive AI market and potential changes in patent laws pose risks. - **Legal and Regulatory:** Potential intellectual property disputes and changes in patent laws could impact operations. **Financial Condition:** - **Cash Flow:** Operating activities used $1,676,499 in 2024, compared to $515,181 in 2023. - **Liquidity:** Expects to incur significant expenses and may need to raise additional funds. - **Debt:** Issued convertible notes and other financing arrangements to support operations. **Market Position Changes:** - **Stock Performance:** Trading under the symbol AMOD on Nasdaq. - **Shareholder Matters:** Significant shareholder agreements and lock-up periods. **Amendments:** - **Changes:** Amendments to the Business Combination Agreement and related financial instruments. - **Impact:** Adjustments to the terms of convertible notes and other financial agreements. **Future Outlook:** - **Growth Strategy:** Focus on licensing and enforcement of intellectual property. - **Challenges:** Need to raise additional capital and manage operating expenses. **Note:** The company's financial health and strategic initiatives are crucial for its future growth and sustainability. Investors should consider the risks and potential for significant changes in the company's financial condition.