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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 632,497 $ 953,362
Short-term investments, at fair value 3,919,697 5,236,781
Accounts receivable 196 183
Prepaid expenses 204,738 185,675
Total Current Assets 4,757,128 6,376,001
NON-CURRENT ASSETS:    
Property and equipment, net 39,218 56,565
Operating lease right-of-use asset, net 19,912 73,977
Total Non-current Assets 59,130 130,542
Total Assets 4,816,258 6,506,543
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 508,124 322,762
Operating lease liability 22,851 83,674
Contract liabilities 88 118
Total Current Liabilities 531,063 406,554
Total Liabilities 531,063 406,554
Commitments and Contingencies (Note 6)
STOCKHOLDERS’ EQUITY:    
Preferred stock, value
Common stock ($0.0001 par value; 180,000,000 shares authorized; 3,076,274 and 2,103,321 shares issued and 3,009,329 and 2,036,376 shares outstanding on September 30, 2024 and December 31, 2023, respectively) 308 210
Common stock to be issued (139 shares on September 30, 2024 and December 31, 2023)
Additional paid-in capital 59,005,647 54,597,083
Treasury stock, at cost (66,945 shares on September 30, 2024 and December 31, 2023) (397,969) (397,969)
Accumulated other comprehensive gain 34,553
Accumulated deficit (51,526,948) (48,134,088)
Total DatChat, Inc. Stockholders’ Equity 7,081,238 6,099,989
Noncontrolling interest (2,796,043)
Total Stockholders’ Equity 4,285,195 6,099,989
Total Liabilities and Stockholders’ Equity 4,816,258 6,506,543
Series A Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock, value
Series B Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock, value $ 200 $ 200