Company research
Damon Inc.
CIK 2000640Updated Sep 27, 2026
SecurityDMNIF · OTC · equity
Name history
Grafiti Holding Inc. · through Nov 15, 2024
DMNIF price & chart
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OTC:DMNIF on TradingView ↗About the company
Damon Inc. is a designer and developer of personal mobility products and technology solutions that integrate AI-driven safety systems, smart electrification, and user-driven design to revolutionize sustainable transportation. Operating across four potential revenue verticals - Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects - Damon believes it is positioned to capture a significant share of the $40B global electric two-wheeler market by 20301. The Company distinguishes itself through its integrated ecosystem approach, combining advanced data analytics, engineering expertise, and seeking to establish strategic partnerships with OEMs and Tier 1 suppliers. Damon emphasizes accessible mobility solutions while leveraging its proprietary AI-driven safety systems and intelligent energy management technology to deliver superior performance and operational efficiency in the urban and business mobility space. For more information, please visit damon.com.
In the news
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Recent filings
6-K filing
6-K filing
253G2 filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
253G2 filing
Show 5 more recent filings
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 1.01, 2.01, 5.02, 8.01, 9.01
253G2 filing
10-Q filing
253G2 filing
NT 10-K filing
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 |
|---|---|
| ASSETS | |
| AssetsUSD | 4,082,698Source |
| Property, Plant and Equipment, NetUSD | 81,892Source |
| Current assets: | |
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,479,283Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 22,131Source |
| Assets, CurrentUSD | 3,348,162Source |
| Operating Lease, Right-of-Use AssetUSD | 475,739Source |
| LIABILITIES AND EQUITY | |
| LiabilitiesUSD | 13,970,783Source |
| Stockholders’ equity: | |
| Common Stock, Value, IssuedUSD | 118,513,491Source |
| Additional Paid in CapitalUSD | 17,568,278Source |
| Retained Earnings (Accumulated Deficit)USD | -145,958,256Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -11,598Source |
| Stockholders' Equity Attributable to ParentUSD | -9,888,085Source |
| Liabilities and EquityUSD | 4,082,698Source |
| Current liabilities: | |
| Liabilities, CurrentUSD | 13,834,129Source |
| Operating Lease, Liability, CurrentUSD | 294,475Source |
| Operating Lease, Liability, NoncurrentUSD | 136,654Source |
| Additional Financial Items | |
| Deferred Tax Liabilities, NetUSD | 26,949,083Source |
cash flow · annual statements
| Line item | FY 2025 |
|---|---|
| Cash flows from operating activities: | |
| Adjustments to reconcile net income to net cash provided by operating activities: | |
| Depreciation and amortization | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 63,539Source |
| Changes in operating assets and liabilities: | |
| Increase (Decrease) in Accounts ReceivableUSD | -34,861Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -19,634,512Source |
| Cash flows from investing activities: | |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 77,270Source |
| Cash flows from financing activities: | |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 21,692,469Source |
| Repayments of Long-term DebtUSD | 2,216,168Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,522,656Source |
| Supplemental disclosure of cash flow information: | |
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 8,615Source |
| Income Taxes Paid, NetUSD | 422,364Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -8,151Source |
| Additional Financial Items | |
| Share-based Payment Arrangement, ExpenseUSD | 63,539Source |
| DepreciationUSD | 217,443Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 34,333,573Source |
| Financing Interest ExpenseUSD | 8,208,523Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -42,392Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 308,426Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -158,093Source |
| Gain (Loss) on Extinguishment of DebtUSD | 34,333,573Source |
| General and Administrative ExpenseUSD | 8,551,784Source |
| Goodwill and Intangible Asset ImpairmentUSD | 14,119,955Source |
| Income Tax Expense (Benefit)USD | 795Source |
| Net Income (Loss) Attributable to ParentUSD | -5,350,662Source |
| Operating ExpensesUSD | 31,590,259Source |
| Other Nonoperating Income (Expense)USD | 26,125,050Source |
| Payments of Financing CostsUSD | 7,008Source |
| Proceeds from Issuance of Common StockUSD | 14,767,360Source |
income statement · annual statements
| Line item | FY 2025 |
|---|---|
| Total RevenueUSD | 222,736Source |
| Cost of Goods and Services Sold | — |
| Operating Income (Loss)USD | -31,474,917Source |
| Other Nonoperating Income (Expense)USD | 26,125,050Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -5,349,867Source |
| Income Tax Expense (Benefit)USD | 795Source |
| Net Income (Loss) Attributable to ParentUSD | -5,350,662Source |
| Earnings Per Share, BasicUSD per share | -1.15Source |
| Earnings Per Share, DilutedUSD per share | -1.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,645,505Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,645,505Source |
| Additional Financial Items | |
| Current Income Tax Expense (Benefit)USD | 795Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 217,443Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 34,333,573Source |
| Financing Interest ExpenseUSD | 8,208,523Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -42,392Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 308,426Source |
| General and Administrative ExpenseUSD | 8,551,784Source |
| Gross ProfitUSD | 115,342Source |
| Operating ExpensesUSD | 31,590,259Source |
| Other Cost and Expense, OperatingUSD | 594,167Source |
| Research and Development ExpenseUSD | 3,045,949Source |
| Selling and Marketing ExpenseUSD | 667,300Source |
Offerings
Registration 333-285872
- Gross proceeds
- 16497000.0
- Net proceeds
- 15424695.0
- Deal price
- 0.13
- Shares
- 126900000
- Offering price
- $0.130
- Ticker
- DMN
Registration 333-284324
Filing attachments
ea024844101ex99-1_damon.htm · 8-K · 2025-07-10
EX-99.1 2 ea024844101ex99-1_damon.htm UPDATED UNAUDITED SELECTED FINANCIAL DATA Exhibit 99.1 UNAUDITED SELECTED FINANCIAL DATA Reverse Stock Split On July 3, 2025, Damon Inc. (“Company”) effected a 1-for-125 reverse stock split (“Reverse Stock Split”) of its outstanding common shares. The audited consolidated financial statements of Damon Motors Inc. for the years ended June 30, 2024 and 2023, the audited consolidated financial statements of Grafiti Holding Inc. for the years ended June …
Read attachment ↗ea024197001ex99-1_damon.htm · 8-K · 2025-05-16
EX-99.1 2 ea024197001ex99-1_damon.htm PRESS RELEASE Exhibit 99.1 Damon Announces Plan to Resume Trading Vancouver, BC - May 16, 2025 - Damon Inc. (Nasdaq: DMN) (“Damon” or the “Company”), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, data intelligence and strategic collaborations, today announced that the Company has determined to forego its right to appeal Nasdaq’s delisting deter…
Read attachment ↗ea023540601ex4-1_damon.htm · 8-K · 2025-03-25
EX-4.1 2 ea023540601ex4-1_damon.htm FORM OF SERIES A WARRANT Exhibit 4.1 Common SHARE PURCHASE WARRANT DAMON INC. Warrant Shares: _______ Issuance Date: March 21, 2025 (the “Issuance Date”) ────────────────────────────────────────────────────────────── THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exerc…
Read attachment ↗ea023540601ex4-2_damon.htm · 8-K · 2025-03-25
EX-4.2 3 ea023540601ex4-2_damon.htm FORM OF UNDERWRITER'S WARRANT Exhibit 4.2 Common SHARE PURCHASE WARRANT DAMON INC. Warrant Shares: 6,345,000 Issuance Date: March 21, 2025 (the “Issuance Date”) THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Maxim Group, LLC, or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at an…
Read attachment ↗ea023443001ex4-4_damon.htm · S-1 · 2025-03-18
EX-4.4 3 ea023443001ex4-4_damon.htm FORM OF SERIES A WARRANT Exhibit 4.4 Common SHARE PURCHASE WARRANT DAMON INC. Warrant Shares: _______ Issuance Date: _______, 2025 (the “Issuance Date”) THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the Issuance Date listed ab…
Read attachment ↗ea023443001ex4-5_damon.htm · S-1 · 2025-03-18
EX-4.5 4 ea023443001ex4-5_damon.htm FORM OF PRE-FUNDED WARRANT Exhibit 4.5 PRE-FUNDED Common SHARE PURCHASE WARRANT DAMON INC. Warrant Shares: _______ Issuance Date: _______, 2025 THIS PRE-FUNDED COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the Issuance Date listed a…
Read attachment ↗