Greenwave Technology Solutions Files Q1 2024 10-Q
Ticker: GWAV · Form: 10-Q · Filed: May 20, 2024 · CIK: 1589149
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
GWAV Q1 2024 10-Q filed. Financials updated.
AI Summary
Greenwave Technology Solutions, Inc. filed its 10-Q for the period ending March 31, 2024. The company reported its financial position and results of operations, including details on its assets and liabilities. Specific financial figures and comparative data from previous periods are included in the filing.
Why It Matters
This filing provides investors with an update on Greenwave's financial health and operational performance for the first quarter of 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — 10-Q filings are standard disclosures, but the specific financial details within can reveal significant risks or opportunities.
Key Numbers
- Q1 2024 — Reporting Period (First quarter of 2024 financial results)
- 2023-12-31 — Prior Period End (Comparison point for financial data)
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Filer of the 10-Q
- MassRoots, Inc. (company) — Former company name
- 20240331 (date) — End of the reporting period
- 20240520 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is March 31, 2024.
What was the previous company name for Greenwave Technology Solutions, Inc.?
The previous company name was MassRoots, Inc., with a date of name change on October 11, 2013.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on May 20, 2024.
What is the Standard Industrial Classification (SIC) code for Greenwave Technology Solutions, Inc.?
The SIC code is 5051, categorized under Wholesale-Metals Service Centers & Offices.
What are some of the financial statement line items mentioned in the filing?
The filing mentions items such as RelatedPartyMember, NonrelatedPartyMember, LicenseMember, IntellectualPropertyMember, CustomerListMember, SeriesDPreferredStockMember, FactoringMember, NonConvertibleNotePayableMember, and Convertible.
Filing Stats: 4,426 words · 18 min read · ~15 pages · Grade level 17.5 · Accepted 2024-05-20 16:40:59
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share GWAV The Nasdaq
Filing Documents
- form10-q.htm (10-Q) — 1340KB
- ex4-1.htm (EX-4.1) — 130KB
- ex4-2.htm (EX-4.2) — 130KB
- ex5-1.htm (EX-5.1) — 15KB
- ex10-1.htm (EX-10.1) — 259KB
- ex31-1.htm (EX-31.1) — 19KB
- ex31-2.htm (EX-31.2) — 19KB
- ex32-1.htm (EX-32.1) — 6KB
- ex32-2.htm (EX-32.2) — 6KB
- form10-q_001.jpg (GRAPHIC) — 4KB
- ex5-1_001.jpg (GRAPHIC) — 8KB
- ex5-1_002.jpg (GRAPHIC) — 3KB
- 0001493152-24-020718.txt ( ) — 8719KB
- gwav-20240331.xsd (EX-101.SCH) — 73KB
- gwav-20240331_cal.xml (EX-101.CAL) — 70KB
- gwav-20240331_def.xml (EX-101.DEF) — 337KB
- gwav-20240331_lab.xml (EX-101.LAB) — 526KB
- gwav-20240331_pre.xml (EX-101.PRE) — 421KB
- form10-q_htm.xml (XML) — 1198KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 28 ITEM 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 33 ITEM 4.
Controls and Procedures
Controls and Procedures 33
OTHER INFORMATION
PART II. OTHER INFORMATION ITEM 1.
Legal Proceedings
Legal Proceedings 35 ITEM 1A.
Risk Factors
Risk Factors 35 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds 35 ITEM 3. Defaults Upon Senior Securities 35 ITEM 4. Mine Safety Disclosures 35 ITEM 5. Other Information 35 ITEM 6. Exhibits 37
SIGNATURES
SIGNATURES 38 i CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") that are based on our management's beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this Quarterly Report on Form 10-Q other than and plans, market growth and trends, and objectives for future operations are forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including those set forth in "Item 1A. Risk Factors" in our Annual Report on Form 10-K, and our other filings with SEC. These risks and uncertainties include, among other things: Changing conditions in global markets including the impact of sanctions and tariffs, quotas and other trade actions and import restrictions which may adv