Alpha Modus Holdings, Inc. reported its financial results for the first quarter of 2025, revealing a net loss of $308,081, compared to a net loss of $222,696 in the same period of 2024. The company, which has not generated any revenue during this period, experienced a significant increase in operating expenses, which totaled $1,359,201, up from $190,911 a year earlier. This rise in expenses was primarily attributed to higher professional fees, payroll costs, and investor relations expenses.
The company's financial position has deteriorated, with total current assets dropping to $903,419 as of March 31, 2025, down from $1,702,519 at the end of 2024. Cash reserves also fell sharply to $148,277 from $735,814. Current liabilities decreased slightly to $6,886,108 from $7,559,310, but the company continues to face a working capital deficit of $5,982,689, raising concerns about its ability to continue as a going concern.
In terms of strategic developments, Alpha Modus has been focusing on its patent portfolio and commercialization efforts. The company entered into a license agreement with GZ6G Technologies Corp. for the use of its patented intellectual property and has initiated several patent infringement lawsuits against major retailers, including The Kroger Company and Walgreens. These legal actions are part of its strategy to enforce its intellectual property rights and potentially generate revenue in the future.
Operationally, the company has not reported any significant changes in customer counts or user statistics, as it continues to seek avenues for growth. The total number of shares outstanding increased slightly to 12,476,780 as of March 31, 2025, from 12,455,252 at the end of 2024. The company is also navigating the complexities of being a publicly traded entity, which includes hiring additional personnel and incurring higher operational costs.
Looking ahead, Alpha Modus acknowledges the need for additional funding to support its operations and growth initiatives. The company plans to raise at least $2.5 million to cover its expenses over the next twelve months. However, there is no assurance that it will be able to secure the necessary capital, which could significantly impact its viability. The management remains focused on its intellectual property strategy and aims to expand its service offerings in various industries, although the success of these plans remains uncertain.
About ALPHA MODUS HOLDINGS, INC.
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