v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 16,907 $ 68,268
Accounts receivable, net 2,654,901 2,270,957
Supplies 188,387 161,466
Prepaid expenses 188,866 291,011
Other current assets 145,630 89,564
Total current assets 3,194,691 2,881,266
Property and equipment, net 328,030 364,481
Intangible assets, net 9,011,897 9,015,556
Goodwill 30,596,876 25,463,948
Right-of-use assets 3,879,886 3,982,820
Total assets 47,011,380 41,708,071
Current liabilities    
Accounts payable 7,315,741 6,677,281
Accrued expenses 13,101,897 13,521,416
Notes payable 2,587,513 7,279,724
Related parties’ notes payable 2,945,950 2,671,924
Related parties’ payables and accrued expenses 6,974,811 1,941,385
Other loans 467,458 268,257
Right-of-use lease obligations 397,223 367,474
Total current liabilities 33,790,593 32,727,461
Warrant liabilities 9,652 41,246
Right-of-use lease obligations, non-current 3,558,289 3,667,553
Total liabilities 37,358,534 36,436,260
Commitments and contingencies (Note 14)  
Stockholders’ equity    
Class A Common Stock, $0.0001 par value, 500,000,000 shares authorized, 1,720,330 and 1,183,942 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 173 119
Additional paid-in capital 201,038,611 195,864,697
Accumulated deficit (191,329,650) (190,541,067)
Total FOXO stockholders’ equity 9,709,137 5,323,752
Noncontrolling interest (56,291) (51,941)
Total stockholders’ equity 9,652,846 5,271,811
Total liabilities and stockholders’ equity 47,011,380 41,708,071
Series A Preferred Stock [Member]    
Stockholders’ equity    
Preferred Stock, Value 2 2
Series B Preferred Stock [Member]    
Stockholders’ equity    
Preferred Stock, Value
Series C Preferred Stock [Member]    
Stockholders’ equity    
Preferred Stock, Value
Series D Preferred Stock [Member]    
Stockholders’ equity    
Preferred Stock, Value $ 1 $ 1