$MOBQW

Mobiquity Technologies, Inc.

CIK:0001084267|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues	$ 177,697	$ 31,108	$ 196,137	$ 43,721
Cost of revenues	111,035	170	115,389	31,638
Gross profit	66,662	30,938	80,748	12,083
Operating expenses
General and administrative expenses	1,716,886	1,809,426	3,537,050	3,755,286
Depreciation and amortization	180,660	180,990	361,150	361,729
Total operating expenses	1,897,546	1,990,416	3,898,200	4,117,015
Loss from operations	(1,830,884)	(1,959,478)	(3,817,452)	(4,104,932)
Other income (expense)
Interest expense	(393,811)	(207,706)	(907,559)	(358,248)
Loss on debt extinguishment	(19,499)	0	(58,221)	0
Other expense	(21,000)	0	(21,000)
Loss on disposal of fixed assets	(2,363)	(1,672)	(2,363)	(1,672)
Interest income	8	7	15	16
Total other expense - net	(436,665)	(209,371)	(989,128)	(359,904)
Net loss	$ (2,267,549)	$ (2,168,849)	$ (4,806,580)	$ (4,464,836)
Loss per share - basic	$ (0.08)	$ (0.11)	$ (0.18)	$ (0.22)
Loss per share - diluted	$ (0.08)	$ (0.11)	$ (0.18)	$ (0.22)
Weighted average number of shares outstanding - basic	28,079,683	20,586,267	26,090,523	19,935,373
Weighted average number of shares outstanding - diluted	28,079,683	20,586,267	26,090,523	19,935,373

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss	$ (4,806,580)	$ (4,464,836)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	917	1,496
Provision for credit losses	19,291	14,308
Loss on disposal of assets	2,363	0
Loss on debt extinguishment	58,221	0
Amortization of capitalized software development costs	360,232	360,232
Amortization of debt discounts	867,158	321,271
Common stock and warrants issued for services	781,883	1,114,633
Stock-based compensation	0	230
Changes in operating assets and liabilities
(Increase) decrease in accounts receivable	(13,414)	(3,176)
(Increase) decrease prepaid expenses and other assets	119,837	87,501
Increase (decrease) in accounts payable and accrued expenses	7,929	(4,820)
Net cash used in operating activities	(2,602,162)	(2,573,161)
Cash flows from investing activities
Purchase of property and equipment	(10,753)	(314)
Net cash used in investing activities	(10,753)	(314)
Cash flows from financing activities
Issuance of common stock for cash	2,540,888	1,789,500
Issuance of related party debt, net of discounts and issuance costs	75,000	0
Issuance of debt, net of discounts and issuance costs	375,487	267,994
Repayments on related party debt	(150,000)	0
Repayments on debt	(747,635)	(459,871)
Net cash provided by financing activities	2,093,740	1,597,623
Net change in cash	(519,175)	(975,852)
Cash - beginning of period	642,515	1,159,933
Cash - end of period	123,340	184,081
Supplemental disclosure of cash flow Information
Cash paid for interest	47,694	31,889
Supplemental disclosure of non-cash investing and financing activities:
Issuance of common stock and warrants as compensation under services agreements	378,661	1,096,000
Common stock issued for original issue debt discount and debt extinguishment	20,358	93,494
Issuance of common stock through conversion of debt	1,295,000	0
Common stock issued for future equity sale	0	155,000
Note payable issued as settlement for accounts payable	0	24,000
Common stock exchanged for equity investment	0	500,014
Common stock issued as settlement for accounts payable	$ 0	$ 30,000

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash	$ 123,340	$ 642,515
Accounts receivable	183,879	170,465
Less: Allowance for credit losses	(176,674)	(157,383)
Accounts receivable, net	7,205	13,082
Prepaid and other current assets	261,293	784,352
Total Current Assets	391,838	1,439,949
Property and equipment, net	10,038	2,565
Goodwill	1,352,865	1,352,865
Capitalized software development costs, net	2,103,864	2,464,097
Investment	500,014	500,014
Total Assets	4,358,619	5,759,490
Current Liabilities
Accounts payable and accrued expenses	2,464,784	2,449,562
Accrued interest	23,350	30,643
Contract liabilities	25,486	25,486
Related party debt, net	225,000	251,923
Debt, net	994,262	1,804,466
Total Current Liabilities	3,732,882	4,562,080
Total Liabilities	3,732,882	4,562,080
Commitments and Contingencies (Note 8)
Stockholders' Equity
Common stock; $0.0001 par value, 100,000,000 shares authorized, 29,386,145 and 23,551,403 shares issued, 29,383,628 and 23,548,886 shares outstanding	2,938	2,356
Treasury stock, at cost, $0.0001 par value 2,517 shares outstanding	(1,350,006)	(1,350,006)
Additional paid-in capital	242,847,186	238,612,861
Accumulated deficit	(240,874,390)	(236,067,810)
Total Stockholders' Equity	625,737	1,197,410
Total Liabilities and Stockholders' Equity	4,358,619	5,759,490
AAA Preferred Stock [Member]
Stockholders' Equity
Preferred stock, value	3	3
Series E Preferred Stock [Member]
Stockholders' Equity
Preferred stock, value	6	6
Series H Preferred Stock [Member]
Stockholders' Equity
Preferred stock, value	$ 0	$ 0