Tue, May 13, 7:37 PM (61 days ago)
### Summary of Lucent, Inc. (LUCN) 10-K/A **Financial Performance:** - **Revenue:** Lucent reported $1,462,525 in revenue for the fiscal year ended December 31, 2024. - **Net Income:** The company reported a net loss of $18,043. - **Operating Expenses:** Total expenses amounted to $1,480,568, including general and administrative expenses and professional fees. - **Earnings Per Share:** The net loss per common share was $0.00. **Strategic Overview:** - **Business Strategy:** Lucent, Inc. operates in the clean energy sector, specializing in battery technologies for electric vehicles (EVs) and sustainable energy storage solutions. The company has expanded its reach through strategic acquisitions, including Dijiya Energy Saving Technology, Inc. and Lucent Strategic Materials. - **Market Position:** Lucent aims to revolutionize the datacenter and cloud computing industry by leveraging AI and clean energy technologies. The company provides high-demand solutions, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). **Future Outlook:** - **Growth Opportunities:** Lucent is focusing on expanding its capabilities in AI and leveraging advanced pre-training models to enhance its technology portfolio. The company sees opportunities in the EV and biotech sectors. - **Market Share:** With the acquisition of Mexican mining leases, Lucent is positioned to increase its market share in graphite production, a critical component in EV batteries. **Risk Factors:** - **Financial Condition:** As of December 31, 2024, Lucent had $102,677,069 in total assets and $7,408,054 in total liabilities. The company has limited working capital and relies on additional investment capital to fund operating expenses. - **Market Risks:** The company faces risks related to the volatility of the clean energy and technology sectors, as well as regulatory and geopolitical factors affecting its supply chain and market position. **Market Position Changes:** - **Stock Performance:** Lucent trades on the OTCQB under the symbol LUCN. The stock's high for the last two quarters of 2024 was $4.63, and the low was $1.50. - **Shareholder Base:** As of December 31, 2024, the company had 15,600,000 shares of common stock issued and outstanding, held by 54 shareholders. **Dividend Policy:** - **No Dividends:** Lucent has never declared or paid any dividends on its common stock and does not anticipate paying any cash dividends in the foreseeable future. **Management and Governance:** - **Executive Team:** Steven Arenal serves as the President, Secretary, Treasurer, CEO, CFO, and Director. The company has no significant employees or consultants. - **Corporate Governance:** Lucent has not adopted a Code of Ethics and does not have any employment agreements with its executive officers. **Financial Condition:** - **Cash Flow:** The company had no cash on hand as of December 31, 2024, and relies on related-party financing to sustain operations. - **Going Concern:** There are substantial doubts about the company's ability to continue as a going concern due to limited working capital and reliance on additional investment capital. **Conclusion:** Lucent, Inc. is a development-stage company focusing on clean energy and AI technologies. While the company has strategic growth opportunities, it faces significant financial and operational challenges. Investors should consider the company's limited working capital, reliance on additional investment, and the risks associated with the clean energy and technology sectors.