Auddia develops technology, consumer products and content platforms that change how audio media is consumed, interacted with and monetized. The Company has developed an Artificial Intelligence (AI) powered platform and mobile application called Auddia™ ("the Auddia app") to give consumers the first commercially available opportunity to subscribe to any streaming AM/FM radio station without commercials. Subscribers will also be able to personalize their listening experience through "skips" and on-demand capabilities. The Company also has a podcasting platform and mobile app called Vodacast. Vodacast allows podcasters to build digital feeds that supplement the audio of any podcast episode. With supplemental digital feeds listeners can enjoy a broader and deeper content experience, which in turn allows podcasters to generate additional revenue from direct response digital ads that are synched to the podcast audio ads. The platform also introduces a flexible monetization capability that provides options to podcasters on how they monetize their content, and listeners on how they consume and pay for content. Starting with the Auddia app and Vodacast, the Company expects to evolve its technology to become the preferred audio listening platform for consumers across all forms of audio content.
Company profile
Ticker
AUUD, AUUDW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Clip Interactive, LLC
SEC CIK
Corporate docs
IRS number
454257218
AUUD stock data
Latest filings (excl ownership)
S-1
IPO registration
24 Mar 23
10-K
2022 FY
Annual report
23 Mar 23
8-K
Changes in Registrant's Certifying Accountant
9 Mar 23
8-K
Entry into a Material Definitive Agreement
16 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
13 Dec 22
424B5
Prospectus supplement for primary offering
15 Nov 22
8-K
Entry into a Material Definitive Agreement
14 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Departure of Directors or Certain Officers
3 Nov 22
DEFA14A
Additional proxy soliciting materials
21 Oct 22
Latest ownership filings
4
Timothy J. Hanlon
21 Feb 23
4
Stephen Deitsch
21 Feb 23
4
Thomas Carl Birch
21 Feb 23
4
Jeffrey John Thramann
21 Feb 23
4
Timothy Jerald Ackerman
14 Feb 23
3
Timothy Jerald Ackerman
14 Feb 23
4
Jeffrey John Thramann
13 Dec 22
4
Michael Thomas Lawless
12 Dec 22
4
Richard Michael Minicozzi
16 Nov 22
4
Peter Shoebridge
9 Sep 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.66 mm | 1.66 mm | 1.66 mm | 1.66 mm | 1.66 mm | 1.66 mm |
Cash burn (monthly) | (no burn) | 390.32 k | 587.83 k | 574.79 k | 376.88 k | 396.06 k |
Cash used (since last report) | n/a | 1.10 mm | 1.66 mm | 1.62 mm | 1.06 mm | 1.12 mm |
Cash remaining | n/a | 560.77 k | 3.83 k | 40.60 k | 598.68 k | 544.58 k |
Runway (months of cash) | n/a | 1.4 | 0.0 | 0.1 | 1.6 | 1.4 |
Institutional ownership, Q3 2022
0.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 14 |
Opened positions | 1 |
Closed positions | 2 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 1.39 mm |
Total shares | 1.04 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 349.92 k | $466.00 k |
United Capital Financial Advisers | 236.72 k | $315.00 k |
Woodley Farra Manion Portfolio Management | 183.27 k | $244.00 k |
Renaissance Technologies | 52.28 k | $70.00 k |
Geode Capital Management | 48.84 k | $64.00 k |
UBS UBS Group AG - Registered Shares | 42.53 k | $57.00 k |
Phillips Financial Management | 37.82 k | $50.00 k |
M Holdings Securities | 33.72 k | $45.00 k |
Citadel Advisors | 22.61 k | $30.00 k |
MS Morgan Stanley | 17.39 k | $23.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Feb 23 | Jeffrey John Thramann | Common Stock | Payment of exercise | Dispose F | No | No | 1.08 | 72,759 | 78.58 k | 1,888,583 |
16 Feb 23 | Jeffrey John Thramann | Common Stock | Option exercise | Acquire M | No | No | 0 | 220,483 | 0.00 | 1,961,342 |
16 Feb 23 | Jeffrey John Thramann | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 132,983 | 0.00 | 0 |
16 Feb 23 | Jeffrey John Thramann | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 50,000 | 0.00 | 100,000 |
16 Feb 23 | Jeffrey John Thramann | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 37,500 | 0.00 | 37,500 |
16 Feb 23 | Thomas Carl Birch | Common Stock | Payment of exercise | Dispose F | No | No | 1.08 | 6,863 | 7.41 k | 32,024 |
16 Feb 23 | Thomas Carl Birch | Common Stock | Option exercise | Acquire M | No | No | 0 | 22,875 | 0.00 | 38,887 |
16 Feb 23 | Thomas Carl Birch | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 22,875 | 0.00 | 45,750 |
16 Feb 23 | Timothy J. Hanlon | Common Stock | Payment of exercise | Dispose F | No | No | 1.08 | 6,863 | 7.41 k | 32,024 |
16 Feb 23 | Timothy J. Hanlon | Common Stock | Option exercise | Acquire M | No | No | 0 | 22,875 | 0.00 | 38,887 |
News
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
Auddia Announces Better-Than-Expected Initial Subscription Conversion Rate
16 Mar 23
Auddia Announced Filing of Foundational Patent to Improve GPT Algorithms and Introduced ChatMusic
28 Feb 23
12 Information Technology Stocks Moving In Thursday's After-Market Session
9 Feb 23
12 Information Technology Stocks Moving In Monday's Pre-Market Session
6 Feb 23
Press releases
Auddia Announces Better-Than-Expected Initial Subscription Conversion Rate and Exclusive Content Engagement in iOS Version of Flagship Mobile App faidr
16 Mar 23
Auddia Announces Launch of Podcasts in Flagship Mobile App faidr
9 Mar 23
Auddia Inc. Announces Filing of Foundational Patent to Improve GPT Algorithms and Introduces ChatMusic
28 Feb 23
Auddia Inc. Appoints Tim Ackerman as Chief Financial Officer
15 Feb 23
Auddia Inc. Announces Deployment of Proprietary Audio Content Hosting and Streaming System
1 Feb 23