$CNFN

ACCELERIZE NEW MEDIA INC

CIK:0001352952|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Details {2}
Net revenues	$ 48,598	$ 6,302	$ 136,515	$ 8,585
Cost of revenue	31,852	100	89,099	352
Gross profit	16,746	6,202	47,416	8,233
Operating expenses
Selling, general and administrative	1,349,714	337,955	2,576,228	801,886
Total operating expenses	1,349,714	337,955	2,576,228	801,886
Loss from operations	(1,332,968)	(331,753)	(2,528,812)	(793,653)
Nonoperating Income (Expense)
Interest expense	(58,196)	(54,248)	(113,304)	(108,496)
Loss on conversion of accrued interest	0	(60,000)	0	(60,000)
Other income	28,318	0	44,936	0
Total other expense, net	(29,878)	(114,248)	(68,368)	(168,496)
Provision for income taxes	0	0	0	0
Net loss	(1,362,846)	(446,001)	(2,597,180)	(962,149)
Preferred stock interest	105,000	60,000	210,000	120,000
Net loss from continuing operations	(1,467,846)	(506,001)	(2,807,180)	(1,082,149)
Net income (loss) from discontinued operations, net of tax	(16,559)	(1,847,855)	43,816	(3,835,317)
Net loss	$ (1,484,405)	$ (2,353,856)	$ (2,763,364)	$ (4,917,466)
Net loss from continuing operations	$ (0.16)	$ (0.06)	$ (0.31)	$ (0.13)
Net income (loss) from discontinued operations, net of taxes	(0)	(0.22)	0	(0.47)
Net loss per share	$ (0.16)	$ (0.28)	$ (0.31)	$ (0.6)
Weighted average common shares outstanding - basic and diluted	9,215,135	8,272,813	8,937,468	8,247,585

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net loss from continuing operations	$ (2,597,180)	$ (962,149)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities
Depreciation and amortization	33,482	663
Amortization of right of use asset	18,491	23,610
Amortization of Debt Discount (Premium)	1,969	0
Inventory write off	413,250	0
Stock based compensation	1,417,800	0
Loss on conversion of debt		60,000
Bad debt expense		20,000
Changes in operating assets and liabilities
Accounts receivable, net	(33,250)	3,689
Inventories, net	(50,948)	0
Other assets	0	(2,189)
Accounts payable and accrued liabilities	481,654	(435,841)
Right of use liability, net	(18,515)	(27,486)
Net cash used in operating activities from continuing operations	(333,247)	(1,319,703)
Net cash provided by operating activities from discontinued operations	109,750	2,900,524
Net cash (used in) provided by operating activities	(223,497)	1,580,821
Cash flows from investing activities
Purchase of property and equipment, net	0	0
Net cash used in investing activities from continuing operations	0	0
Net cash used in investing activities from discontinued operations	0	(101,745)
Net cash used in investing activities	0	(101,745)
Cash flows from financing activities
Increase (Decrease) in Due to Related Parties	0	0
Repayments of Notes Payable	(4,386)	(4,386)
Proceeds from notes	106,000	0
Net cash provided by (used in) financing activities from continuing operations	101,614	(4,386)
Net cash used in financing activities from discontinued operations	0	(53,000)
Net cash used provided by (used in) financing activities	101,614	(57,386)
Net change in cash and cash equivalents	(121,883)	1,421,690
Cash at beginning of period	197,951	373,834
Cash at end of period	76,068	1,795,524
Supplemental disclosure of cash flow information
Cash paid for income taxes	0	0
Cash paid for interest	113,304	90,000
Supplemental disclosure of non-cash investing and financing activities
Accrual of preferred stock interest	210,000	120,000
Modification fee and conversion of accrued interest into shares	0	60,000
Issuance of common stock for preferred interest	$ 423,000	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 76,068	$ 197,951
Accounts receivable, net	33,250	0
Inventories, net	153,822	516,124
Current assets of discontinued operations	82,225	84,799
Total current assets	345,365	798,874
Property and equipment, net	0	0
Intangible assets, net	297,843	331,325
Right of use asset	72,730	91,221
Other assets	8,910	8,910
Total assets	724,848	1,230,330
Current liabilities
Accounts payable	2,943,260	2,918,948
Accrued liabilities	3,679,058	3,434,716
Due to related party	666,140	666,140
Current portion of notes payable	3,393,541	3,393,541
Due to seller	1,000,000	1,000,000
Loan payable	26,000	0
Current portion of right of use liability	39,915	37,976
Current liabilities of discontinued operations	13,386,300	13,322,940
Total current liabilities	25,134,214	24,774,261
Right of use liability	32,655	53,109
Long-term note payable, net of current portion and discounts	160,350	110,899
Total liabilities	25,327,219	24,938,269
Stockholders' deficit
Common shares	9,536	8,581
Additional paid-in capital	63,858,914	61,990,937
Non-controlling interests	60,000	60,000
Accumulated deficit	(88,530,825)	(85,767,461)
Total stockholders' deficit	(24,602,371)	(23,707,939)
Total liabilities and stockholders' deficit	724,848	1,230,330
Series A Preferred Stock
Stockholders' deficit
Preferred shares	1	1
Total stockholders' deficit		1
Series B Preferred Stock
Stockholders' deficit
Preferred shares	$ 3	3
Total stockholders' deficit		$ 3