Company research
TransparentBusiness, Inc.
CIK 1740742
Filing activity
Latest filing
11 filings on record · 8-K, 10-Q, 10-K, NT 10-K.
Recent filings
Other Events
Items 8.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
10-K filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,955,306Source | 26,899,873Source | 32,031,405Source | 25,035,662Source |
| Property, Plant and Equipment, NetUSD | 13,057Source | 26,925Source | 35,446Source | 46,032Source |
| GoodwillUSD | — | 3,865,695Source | 3,865,695Source | 3,865,695Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 5,389Source | 2,418,159Source | 2,688,493Source | 3,041,972Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,238,462Source | 2,598,208Source | 6,462,171Source | 1,522,069Source |
| Assets, CurrentUSD | 2,008,457Source | 10,980,702Source | 16,501,115Source | 17,434,332Source |
| Prepaid Expense and Other Assets, CurrentUSD | 550,022Source | 1,064,031Source | 1,275,102Source | 750,977Source |
| Operating Lease, Right-of-Use AssetUSD | — | 177,685Source | 313,656Source | 349,631Source |
| Other Assets, NoncurrentUSD | 3,900Source | 3,200Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 121,674,459Source | 122,545,714Source | 94,977,253Source | 49,921,362Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 783,690Source | 781,066Source | 773,233Source | 772,938Source |
| Additional Paid in CapitalUSD | 77,021,362Source | 74,714,958Source | 72,999,935Source | 72,831,056Source |
| Retained Earnings (Accumulated Deficit)USD | -179,723,505Source | -166,330,117Source | -131,375,466Source | -92,570,448Source |
| Stockholders' Equity Attributable to ParentUSD | -106,007,147Source | -94,908,203Source | -61,482,323Source | -22,355,900Source |
| Liabilities and EquityUSD | 9,955,306Source | 26,899,873Source | 32,031,405Source | 25,035,662Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 8,750,606Source | 12,295,218Source | 9,808,139Source | 11,118,433Source |
| Operating Lease, Liability, CurrentUSD | — | 121,335Source | 159,679Source | 149,802Source |
| Accounts Payable, CurrentUSD | 1,135,345Source | 2,255,273Source | 819,198Source | 2,159,677Source |
| Operating Lease, Liability, NoncurrentUSD | — | 61,098Source | 160,470Source | 199,629Source |
| Deferred Income Tax Liabilities, NetUSD | — | 278,617Source | 334,622Source | 1,141,453Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -5,712,006Source | -737,638Source | -1,463,525Source | -2,529,800Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 4,217,819Source | 3,934,324Source | 2,158,534Source | 1,314,195Source |
| Deferred Compensation EquityUSD | 2,266,771Source | 2,235,294Source | — | — |
| Deferred Revenue, CurrentUSD | 1,039Source | 3,940Source | 5,368Source | 18,969Source |
| Long-term DebtUSD | 0Source | 0Source | 0Source | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -8,954,370Source | -35,571,841Source | -37,738,743Source | -34,127,319Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 11,084Source | 366,257Source | 416,717Source | 362,783Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 163,033Source | 153,483Source | 127,674Source | 72,230Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | -549,287Source | 1,376,115Source | -1,340,479Source | 239,590Source |
| Deferred Income Tax Expense (Benefit)USD | — | -55,897Source | -806,831Source | 44,404Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | -8,252,151Source | -26,406,067Source | -24,023,203Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -332,858Source | — | 187,009Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 3,002Source | — | 48,759Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 6,896,613Source | 4,721,046Source | 31,346,169Source | 23,485,734Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,238,462Source | 2,598,208Source | 6,462,171Source | 1,522,069Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 15,000Source | 122,694Source | 211,575Source | 119,381Source |
| Income Taxes Paid, NetUSD | 10,000Source | 73,350Source | 31,045Source | 91,955Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 0Source | — |
| Amortization of Intangible AssetsUSD | — | 355,000Source | 355,000Source | 355,000Source |
| DepreciationUSD | 11,000Source | 11,000Source | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | 1,973Source | — | — |
| General and Administrative ExpenseUSD | 7,856,135Source | 22,396,088Source | 37,699,135Source | 16,467,231Source |
| GoodwillUSD | — | 3,865,695Source | 3,865,695Source | 3,865,695Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -8,954,370Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 184,040Source | — | — | — |
| Income Tax Expense (Benefit)USD | 1,127Source | 230,287Source | -581,245Source | 163,769Source |
| Net Income (Loss) Attributable to ParentUSD | -13,662,042Source | -34,954,651Source | -38,805,018Source | -34,127,319Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -268,654Source | -617,190Source | 1,066,275Source | -1,503,463Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -13,393,388Source | -34,954,651Source | -38,805,018Source | -32,623,856Source |
| Operating ExpensesUSD | 8,772,384Source | 37,225,094Source | 43,710,670Source | 36,537,660Source |
| Operating Lease, ExpenseUSD | — | 408,434Source | 327,301Source | 302,000Source |
| Other Nonoperating Income (Expense)USD | -366,174Source | -1,988,506Source | 356,800Source | -3,493Source |
| Proceeds from Issuance of Common StockUSD | 2,162,670Source | 3,556,973Source | 41,500Source | 1,475,890Source |
| Proceeds from Stock Options ExercisedUSD | — | 775Source | — | 6,003Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,417,282Source | 20,444,579Source | 20,949,862Source | 23,213,963Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -8,378,822Source | -33,194,064Source | -38,366,513Source | -33,763,915Source |
| Other Nonoperating Income (Expense)USD | -366,174Source | -1,988,506Source | 356,800Source | -3,493Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,953,243Source | -35,341,554Source | -38,319,988Source | -33,963,550Source |
| Income Tax Expense (Benefit)USD | 1,127Source | 230,287Source | -581,245Source | 163,769Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -268,654Source | -617,190Source | 1,066,275Source | -1,503,463Source |
| Net Income (Loss) Attributable to ParentUSD | -13,662,042Source | -34,954,651Source | -38,805,018Source | -34,127,319Source |
| Earnings Per Share, BasicUSD per share | -0.02Source | -0.05Source | -0.05Source | — |
| Earnings Per Share, DilutedUSD per share | -0.02Source | -0.05Source | -0.05Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 741,608,124Source | 735,982,489Source | 733,395,464Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 741,608,124Source | 735,982,489Source | 733,395,464Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 355,000Source | 355,000Source | 355,000Source |
| Current Income Tax Expense (Benefit)USD | 1,127Source | 286,184Source | 225,586Source | 119,365Source |
| General and Administrative ExpenseUSD | 7,856,135Source | 22,396,088Source | 37,699,135Source | 16,467,231Source |
| Gross ProfitUSD | 393,562Source | 4,031,030Source | 5,344,157Source | 2,773,745Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -8,954,370Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.01Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.01Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 184,040Source | — | — | — |
| Interest ExpenseUSD | 0Source | — | — | — |
| Interest Income (Expense), NetUSD | -208,247Source | -158,984Source | -310,275Source | -196,142Source |
| Marketing and Advertising ExpenseUSD | 243,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -13,393,388Source | -34,954,651Source | -38,805,018Source | -32,623,856Source |
| Operating ExpensesUSD | 8,772,384Source | 37,225,094Source | 43,710,670Source | 36,537,660Source |
| Operating Lease, ExpenseUSD | — | 408,434Source | 327,301Source | 302,000Source |
| Research and Development ExpenseUSD | 174,376Source | 12,511Source | 1,843Source | 458,327Source |
| Selling and Marketing ExpenseUSD | 741,873Source | 14,026,495Source | 6,009,692Source | 17,832,102Source |
Filing attachments
transparentbusiness_ex99-1.htm · 8-K · 2026-07-28
EX-99.1 2 transparentbusiness_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 July 22, 2026 Alex Konanykhin CEO TransparentBusiness, Inc. 228 Park Avenue South #16065 New York, New York 10003 Dear Alex, Please accept this letter as my formal resignation from the position of Chief Financial Officer of TransparentBusiness, Inc. effective end of business day on August 4, 2026. I am resigning for personal reasons. I am fully committed to working with you and the Board of Directors to ensure a smoo…
Read attachment ↗transparentbusiness_ex99-1.htm · 8-K · 2026-06-18
EX-99.1 2 transparentbusiness_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PROPERTY NAME …
Read attachment ↗transparentbusiness_ex99-2.htm · 8-K · 2026-06-18
EX-99.2 3 transparentbusiness_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 PROPERTY NAME …
Read attachment ↗transparentbusiness_ex99-1.htm · 8-K · 2026-06-11
EX-99.1 2 transparentbusiness_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Andrew Winn <a.winn@unicoin.com> Resignation as Chief Strategy Officer - Unicoin Silvina Moschini < sm@unicoin.com > Tue, Jun 2, 2026 at 7:34 AM ──────────────────────────────────────────────────────────────────────── To: Alex Konanykhin <ak@unicoin.com> Cc: Andrew Winn <a.winn@unicoin.com> Dear Alex, I am writing to formally submit my resignation as Chief Strategy Officer of Unicoin Inc., effective June 1, 2…
Read attachment ↗transparentbusiness_ex99-1.htm · 8-K · 2026-06-10
EX-99.1 2 transparentbusiness_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 TRANSPARENTBUSINESS INC. ASSET SWAP AGREEMENT This Asset Swap Agreement (the “Agreement”) is entered into by and between TransparentBusiness Inc. (formerly known as Unicoin Inc.), a corporation organized and existing under the laws of the State of Delaware, United States of America, with principal address at 1 World Trade Center, 85th Floor, New York, NY 10007 (“TransparentBusiness” or the “Company”), and __________________…
Read attachment ↗transparentbusiness_ex99-2.htm · 8-K · 2026-06-10
EX-99.2 3 transparentbusiness_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 PROPERTY OWNER Property # Appraisal Country TransparentBusiness, Type As…
Read attachment ↗