Marti Technologies, Inc. Financial Summary

Complete Filing Data

Marti Technologies, Inc. reported Stockholders Equity of -$61.44 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Marti Technologies, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Net Income *-$73.9M-$33.8M-$14.2M-$14.5M
General And Administrative Expense$49.2M$15.1M$9.0M$6.1M
Nonoperating Income Expense$2.1M
Operating Income Loss-$65.3M-$30.6M-$14.9M-$9.1M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$73.9M-$33.8M-$14.2M-$13.6M
Selling And Marketing Expense$9.3M$7.3M$1.6M$1.3M
Research And Development Expense$2.0M$2.0M$1.9M$1.0M
Comprehensive Income Net Of Tax-$73.9M-$33.8M-$14.6M-$21.9M
Other Income Operating Expenses$657.9K$187.1K$133.9K
Revenues$18.7M$20.0M$25.0M$17.0M
Net Income Loss Available To Common Stockholders Basic-$73.9M-$33.8M-$14.2M
Cost Of Revenue$21.5M$24.1M$27.1M$17.0M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Net Income *$1.2M-$310.5K-$824.8K-$144.7K-$11.9K-$500.00
General And Administrative Expense$357.2K$1.0M$504.9K$838.6K$146.2K$11.9K$500.00
Nonoperating Income Expense$1.6M$394.2K$194.4K$13.8K$1.6K
Operating Income Loss
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
Selling And Marketing Expense
Research And Development Expense
Comprehensive Income Net Of Tax
Other Income Operating Expenses
Revenues
Net Income Loss Available To Common Stockholders Basic
Cost Of Revenue

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Stockholders Equity-$61.4M-$32.7M$7.6M$20.5M$2.7M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$5.1M$19.4M$10.5M$13.2M$3.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$14.3M$8.9M-$2.7M$9.7M
Retained Earnings Accumulated Deficit-$139.5M-$65.6M-$39.2M-$2.0M
Liabilities Current$11.3M$17.5M$15.9M$706.2K
Liabilities And Stockholders Equity$20.4M$40.2M$40.9M$147.5M
Assets$20.4M$40.2M$40.9M$147.5M
Liabilities$81.8M$72.9M$33.3M$5.7M
Assets Current$11.4M$25.7M$20.5M$758.3K
Cash And Cash Equivalents At Carrying Value$5.1M$19.4M$10.5M$610.9K
Temporary Equity Carrying Amount Attributable To Parent$143.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$14.3M$8.9M-$2.4M$16.2M
Accounts Payable Current$1.7M$2.8M$3.6M
Other Liabilities Noncurrent$290.1K$325.9K$357.2K
Other Assets Current$4.0M$3.2M$3.6M
Operating Lease Liability Noncurrent$87.7K$278.0K$674.5K
Operating Lease Liability Current$484.0K$412.6K$2.2M
Liabilities Noncurrent$70.5M$55.4M$17.4M
Inventory Net$2.0M$2.6M$3.3M
Deferred Underwriting Compensation Noncurrent$5.0M
Common Stock Value$6.3K$5.7K$4.4K
Assets Noncurrent$9.0M$14.5M$20.4M
Assets Held In Trust Noncurrent$146.6M
Accumulated Other Comprehensive Income Loss Net Of Tax-$7.6M-$7.6M-$7.6M
Common Stock Subject To Possible Redemption Value$2.1M
Operating Lease Right Of Use Assets Current$223.6K$2.7M
Contract With Customer Liability Current$1.8M$1.6M
Value Added Tax Receivable Current$2.3M$3.1M
Repayments Of Short Term Debt$5.1M$7.2M$4.2M$1.5M
Property Plant And Equipment Net$13.5M$19.3M
Other Assets Miscellaneous Current$996.6K$432.6K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Stockholders Equity-$5.3M-$4.4M-$3.4M-$2.9M-$1.3M$12.6K$24.5K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$142.8K$310.8K$496.3K$601.7K$645.9K$0.00$610.9K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$109.1K-$9.2K$0.00$610.9K
Retained Earnings Accumulated Deficit-$5.3M-$4.4M-$3.4M-$2.9M-$1.3M-$12.4K
Liabilities Current$3.4M$2.7M$1.9M$1.5M$49.7K$412.9K
Liabilities And Stockholders Equity$150.5M$147.6M$147.5M$147.4M$147.5M$425.5K
Assets$150.5M$147.6M$147.5M$147.4M$147.5M$425.5K
Liabilities$8.4M$7.7M$6.9M$6.5M$5.1M
Assets Current$181.2K$415.3K$630.2K$735.6K$773.3K
Cash And Cash Equivalents At Carrying Value$142.8K$310.8K$496.3K$601.7K$645.9K
Temporary Equity Carrying Amount Attributable To Parent$147.4M$145.9M$144.4M$144.0M$143.8M$143.8M$143.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
Accounts Payable Current$19.7K$16.3K
Other Liabilities Noncurrent
Other Assets Current
Operating Lease Liability Noncurrent
Operating Lease Liability Current
Liabilities Noncurrent
Inventory Net
Deferred Underwriting Compensation Noncurrent$5.0M$5.0M$5.0M$5.0M$5.0M$5.0M
Common Stock Value
Assets Noncurrent
Assets Held In Trust Noncurrent$150.3M$148.7M$147.2M$146.8M$146.6M$146.6M
Accumulated Other Comprehensive Income Loss Net Of Tax
Common Stock Subject To Possible Redemption Value$1.6M$394.2K$213.0K$1.2M
Operating Lease Right Of Use Assets Current
Contract With Customer Liability Current
Value Added Tax Receivable Current
Repayments Of Short Term Debt
Property Plant And Equipment Net
Other Assets Miscellaneous Current

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Net Cash Provided By Used In Operating Activities-$25.1M-$14.9M-$5.5M-$4.0M
Net Cash Provided By Used In Investing Activities-$1.0M-$4.8M-$8.2M-$22.9M
Net Cash Provided By Used In Financing Activities$11.8M$28.6M$11.3M$43.1M
Increase Decrease In Accounts Payable-$1.1M-$777.4K$1.7M$2.4M
Share Based Compensation$35.7M$2.0M$1.7M$868.8K
Payments To Acquire Other Property Plant And Equipment$332.4K$652.4K$803.7K$828.9K
Increase Decrease In Inventories-$265.1K-$657.6K$2.1M$1.7M
Increase Decrease In Accounts Receivable$15.2K-$186.8K$210.0K$191.6K
Payments To Acquire Intangible Assets$706.9K$102.2K$208.7K$58.4K
Proceeds From Convertible Debt$18.0M$7.5M$10.0M$100.0K
Depreciation Depletion And Amortization$8.7M$10.0M$9.1M$5.5M
Increase Decrease In Prepaid Expense-$145.5K
Increase Decrease In Accrued Liabilities$2.4M
Increase Decrease In Other Operating Liabilities$1.2M$422.6K-$571.9K
Payments To Acquire Vehicles$4.1M$7.2M$22.0M
Increase Decrease In Contract With Customer Liability$294.8K$221.8K$662.4K
Stock Issued During Period Value Share Based Compensation$8.1K$5.2K$17.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2023Q1 2022Q2 2021Q1 2021
Net Cash Provided By Used In Operating Activities-$109.1K-$9.2K$0.00$0.00
Net Cash Provided By Used In Investing Activities
Net Cash Provided By Used In Financing Activities
Increase Decrease In Accounts Payable
Share Based Compensation
Payments To Acquire Other Property Plant And Equipment
Increase Decrease In Inventories
Increase Decrease In Accounts Receivable
Payments To Acquire Intangible Assets
Proceeds From Convertible Debt
Depreciation Depletion And Amortization
Increase Decrease In Prepaid Expense-$33.0K-$46.4K$0.00
Increase Decrease In Accrued Liabilities$215.1K$783.0K$11.9K$0.00
Increase Decrease In Other Operating Liabilities
Payments To Acquire Vehicles
Increase Decrease In Contract With Customer Liability
Stock Issued During Period Value Share Based Compensation

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Diluted EPS *-$1.25-$0.67-$0.32-$0.42
Preferred Stock Shares Issued0.00
Preferred Stock Shares Authorized1.0M
Weighted Average Number Of Shares Outstanding Basic59.0M50.6M44.1M34.2M
Weighted Average Number Of Diluted Shares Outstanding59.0M50.6M44.1M34.2M
Earnings Per Share Basic$-1.25$-0.67$-0.32$-0.42
Preferred Stock Shares Outstanding0.00
Preferred Stock Par Or Stated Value Per Share$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Diluted EPS *$0.00
Preferred Stock Shares Issued0.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M
Weighted Average Number Of Shares Outstanding Basic
Weighted Average Number Of Diluted Shares Outstanding
Earnings Per Share Basic
Preferred Stock Shares Outstanding0.000.000.000.000.000.000.000.00
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Costs And Expenses$84.0M$50.6M$39.9M$26.1M
Investment Income Interest$1.4M$3.6M$2.6M$180.3K
Prepaid Expense Current$147.3K
Other Noncash Income Expense$17.3K-$1.5M-$665.7K-$666.1K
Foreign Currency Transaction Gain Loss Before Tax$396.6K$2.7M$2.3M-$4.1M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$2.0M$1.7M$83.8K
Property Equipment And Deposits Net$5.5M$13.5M$19.4M
Additional Paid In Capital
Stock Issued During Period Value New Issues$29.7M
Investment Income Investment Expense$10.0M$6.8M$1.9M$4.7M
Other Expenses$3.1M$2.8M$399.1K$882.1K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Costs And Expenses$357.2K$1.0M$504.9K$838.6K$146.2K$11.9K$500.00
Investment Income Interest$1.6M$394.2K$194.4K$13.8K$1.6K$0.00
Prepaid Expense Current$38.5K$71.5K$104.5K$134.0K$134.0K$127.4K
Other Noncash Income Expense
Foreign Currency Transaction Gain Loss Before Tax
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
Property Equipment And Deposits Net
Additional Paid In Capital$0.00$0.00$0.00$0.00$24.6K
Stock Issued During Period Value New Issues$25.0K
Investment Income Investment Expense
Other Expenses

Most recent annual filing with the SEC: April 29, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.