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10-K: FY2023 Annual Report

10-K: FY2023 Annual Report

10-K:2023財年年報
美股SEC公告 ·  06/06 16:16

Moomoo AI 已提取核心訊息

FOXO Technologies Inc. (FOXO) has reported its financial performance and business developments for the year ended December 31, 2023. The company did not generate cash flows from investing activities during the year, contrasting with the previous year's investment of $1,870 in internal use software development. Financing activities provided a net cash inflow of $1,168, a significant decrease from the $24,289 in the prior year. This included funds from private placements and related parties' promissory notes/payables, offset by deferred offering costs. The company's contractual obligations included license agreements and Senior PIK Notes, with a principal balance of $4,203 in default. FOXO's critical accounting policies involved equity-based compensation, with awards measured at fair value. The company elected the fair value option for its...Show More
FOXO Technologies Inc. (FOXO) has reported its financial performance and business developments for the year ended December 31, 2023. The company did not generate cash flows from investing activities during the year, contrasting with the previous year's investment of $1,870 in internal use software development. Financing activities provided a net cash inflow of $1,168, a significant decrease from the $24,289 in the prior year. This included funds from private placements and related parties' promissory notes/payables, offset by deferred offering costs. The company's contractual obligations included license agreements and Senior PIK Notes, with a principal balance of $4,203 in default. FOXO's critical accounting policies involved equity-based compensation, with awards measured at fair value. The company elected the fair value option for its convertible debentures to better reflect the associated liability. Management assessed the company's ability to continue as a going concern, acknowledging the need for additional capital and revenue generation to alleviate substantial doubt about its viability. FOXO's future plans involve adopting new accounting standards effective January 1, 2025, and managing risks that could impact operations, such as economic volatility and geopolitical instability.
FOXO技術公司(FOXO)已公佈截至2023年12月31日的財務業績和業務發展情況。公司該年未從投資活動中產生現金流量,與前一年投資於內部使用軟件開發的1870美元形成對比。融資活動提供了1168美元的淨現金流入,大幅降低了去年的24289美元。其中包括來自私募和相關方的應收票據/應付票據,抵消了推遲的發行成本。公司的合同義務包括許可協議和高級PIK票據,其貸款本金餘額爲4203美元,處於違約狀態。FOXO的關鍵會計政策涉及股權補償,獎勵按公允價值衡量。公司選擇了可轉換債券的公允價值選項,以更好地反映相關的負債。管理層評估了公司作爲經營實體的能力,承認需要額外的資本和營收產生以緩解其生存能力的重大疑慮。FOXO的未來計劃是採用從2025年1月1日開始實施的新會計準則,並管理可能影響業務運營的風險,例如經濟波動和地緣政治不穩定性。
FOXO技術公司(FOXO)已公佈截至2023年12月31日的財務業績和業務發展情況。公司該年未從投資活動中產生現金流量,與前一年投資於內部使用軟件開發的1870美元形成對比。融資活動提供了1168美元的淨現金流入,大幅降低了去年的24289美元。其中包括來自私募和相關方的應收票據/應付票據,抵消了推遲的發行成本。公司的合同義務包括許可協議和高級PIK票據,其貸款本金餘額爲4203美元,處於違約狀態。FOXO的關鍵會計政策涉及股權補償,獎勵按公允價值衡量。公司選擇了可轉換債券的公允價值選項,以更好地反映相關的負債。管理層評估了公司作爲經營實體的能力,承認需要額外的資本和營收產生以緩解其生存能力的重大疑慮。FOXO的未來計劃是採用從2025年1月1日開始實施的新會計準則,並管理可能影響業務運營的風險,例如經濟波動和地緣政治不穩定性。
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