Auddia (AUUD)
Market Price (6/22/2026): $1.38 | Market Cap: $80,305Sector: Information Technology | Industry: Application Software
Auddia (AUUD)
Market Price (6/22/2026): $1.38Market Cap: $80,305Sector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1685% | Weak multi-year price returns2Y Excs Rtn is -137%, 3Y Excs Rtn is -172% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.6 Mil Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10243% High stock price volatilityVol 12M is 880% Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 796% Key risksAUUD key risks include [1] potential delisting from Nasdaq for non-compliance with the minimum bid price, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1685% |
| Weak multi-year price returns2Y Excs Rtn is -137%, 3Y Excs Rtn is -172% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.6 Mil |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10243% |
| High stock price volatilityVol 12M is 880% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 796% |
| Key risksAUUD key risks include [1] potential delisting from Nasdaq for non-compliance with the minimum bid price, Show more. |
Qualitative Assessment
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Auddia (AUUD) stock has lost about 80% since 2/28/2026 because of the following key factors:
1. Poor Financial Performance and Going Concern Doubt.
Auddia reported no revenue and an expanded net loss of $2.28 million in Q1 2026, compared to a $1.75 million loss a year prior. This weak financial performance, coupled with operating activities consuming $2.28 million in cash, led management to disclose "substantial doubt about the company's ability to continue as a going concern" as existing cash plus new financing would only fund operations into Q1 2027.
2. Significant Share Dilution from Capital Raises.
In April 2026, Auddia completed a public offering, raising approximately $12 million in gross proceeds by selling 5,084,743 common shares (or equivalents) and accompanying warrants. This offering, alongside prior preferred stock rounds, represents significant equity dilution for existing shareholders, impacting the per-share value.
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Auddia (AUUD) stock has lost about 80% since 2/28/2026 because of the following key factors:
1. Poor Financial Performance and Going Concern Doubt.
Auddia reported no revenue and an expanded net loss of $2.28 million in Q1 2026, compared to a $1.75 million loss a year prior. This weak financial performance, coupled with operating activities consuming $2.28 million in cash, led management to disclose "substantial doubt about the company's ability to continue as a going concern" as existing cash plus new financing would only fund operations into Q1 2027.
2. Significant Share Dilution from Capital Raises.
In April 2026, Auddia completed a public offering, raising approximately $12 million in gross proceeds by selling 5,084,743 common shares (or equivalents) and accompanying warrants. This offering, alongside prior preferred stock rounds, represents significant equity dilution for existing shareholders, impacting the per-share value.
3. Reverse Stock Split to Avoid Delisting.
Auddia implemented a 1-for-7.7 reverse stock split, effective April 1, 2026, reducing outstanding common shares from approximately 3.9 million to about 500,000. This action was primarily taken to increase the per-share price and meet Nasdaq's minimum bid price requirement, often seen by investors as a sign of underlying financial distress.
4. Uncertainty and Valuation Concerns Regarding the Merger.
The company announced a definitive merger agreement with Thramann Holdings, LLC, which will result in a new entity named McCarthy Finney (MCFN). While the merger aims to create an "AI-native holding company" with an internal discounted cash flow valuation of $250 million, existing Auddia shareholders are expected to own only approximately 20% of the combined company. This low ownership stake for current shareholders and the inherent complexities of integrating diverse AI businesses introduce considerable execution risk and investor uncertainty.
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Stock Movement Drivers
Fundamental Drivers
The -78.7% change in AUUD stock from 2/28/2026 to 6/21/2026 was primarily driven by a 234.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.48 | 1.38 | -78.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 0 | 0 | 234.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 6/21/2026| Return | Correlation | |
|---|---|---|
| AUUD | -78.7% | |
| Market (SPY) | 9.2% | 4.9% |
| Sector (XLK) | 38.1% | 3.8% |
Fundamental Drivers
The -81.5% change in AUUD stock from 11/30/2025 to 6/21/2026 was primarily driven by a 234.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 11302025 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.47 | 1.38 | -81.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 0 | 0 | 234.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
11/30/2025 to 6/21/2026| Return | Correlation | |
|---|---|---|
| AUUD | -81.5% | |
| Market (SPY) | 9.9% | 4.6% |
| Sector (XLK) | 34.1% | 4.2% |
Fundamental Drivers
The -95.5% change in AUUD stock from 5/31/2025 to 6/21/2026 was primarily driven by a 1.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312025 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.88 | 1.38 | -95.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 0 | 0 | 1.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
5/31/2025 to 6/21/2026| Return | Correlation | |
|---|---|---|
| AUUD | -95.5% | |
| Market (SPY) | 28.1% | 4.8% |
| Sector (XLK) | 66.8% | 4.8% |
Fundamental Drivers
The -99.9% change in AUUD stock from 5/31/2023 to 6/21/2026 was primarily driven by a -93.3% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312023 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 1402.27 | 1.38 | -99.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 0 | 0 | -93.3% |
| Cumulative Contribution | 0.0% |
Market Drivers
5/31/2023 to 6/21/2026| Return | Correlation | |
|---|---|---|
| AUUD | -99.9% | |
| Market (SPY) | 85.7% | 4.2% |
| Sector (XLK) | 137.9% | 4.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AUUD Return | -47% | -46% | -74% | -92% | -89% | -82% | -100% |
| Peers Return | -6% | -48% | 32% | 15% | 16% | 24% | 8% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 98% |
Monthly Win Rates [3] | |||||||
| AUUD Win Rate | 27% | 42% | 50% | 17% | 17% | 17% | |
| Peers Win Rate | 46% | 33% | 53% | 55% | 52% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AUUD Max Drawdown | - | -62% | -87% | -93% | -91% | -94% | |
| Peers Max Drawdown | -44% | -56% | -52% | -55% | -49% | -28% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SIRI, IHRT, SPOT, LVO, PODC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)
How Low Can It Go
| Event | AUUD | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -64.9% | -6.7% |
| % Gain to Breakeven | 185.1% | 7.1% |
| Time to Breakeven | 4 days | 31 days |
In The Past
Auddia's stock fell -3.3% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 3.4% gain to breakeven.
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Asset Allocation
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| Event | AUUD | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -64.9% | -6.7% |
| % Gain to Breakeven | 185.1% | 7.1% |
| Time to Breakeven | 4 days | 31 days |
In The Past
Auddia's stock fell -3.3% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 3.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Auddia (AUUD)
Auddia Inc. (AUUD) specializes in developing software technologies for the audio media industry, catering to both audio media companies and individual consumers. The company's core mission is to modernize and enhance the digital audio listening experience.
Auddia's primary offerings include the Auddia App, its flagship product, which is a subscription-based software application providing commercial-free access to AM/FM radio. Additionally, the company provides Vodacast, an interactive podcasting platform and application designed to offer a more engaging experience for podcast listeners and content creators alike.
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Here are 1-3 brief analogies for Auddia (AUUD):
- SiriusXM for traditional AM/FM radio: Its Auddia App offers a subscription for commercial-free AM/FM radio, similar to how SiriusXM provides premium satellite radio.
- Spotify or Apple Podcasts with interactive features: Its Vodacast platform focuses on an interactive podcasting experience, enhancing the standard podcast listening found on major apps.
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- Auddia App: A subscription-based software application that provides commercial-free AM/FM radio.
- Vodacast: An interactive podcasting platform and application.
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Auddia Inc. (AUUD) primarily sells its subscription-based software applications directly to individuals.
Here are up to three categories of customers that it serves:
- Ad-Averse Traditional Radio Listeners: This category includes individuals who desire to listen to live AM/FM radio broadcasts without commercial interruptions and are willing to pay a subscription fee for this enhanced, personalized experience through the Auddia App.
- Engaged Podcast Consumers: These are individuals who actively listen to podcasts and seek a more interactive and enriched content experience. They utilize features like embedded visuals, links, and polls provided by the Vodacast application to engage more deeply with their favorite shows.
- Tech-Forward Audio Enthusiasts: This broad category encompasses individuals who are early adopters of new digital audio technologies and appreciate premium, innovative listening experiences across various audio formats. They value advanced features, convenience, and an enhanced audio consumption experience, whether it's commercial-free radio or interactive podcasts.
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- Amazon.com, Inc. (AMZN)
- Alphabet Inc. (GOOGL)
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Jeff Thramann, Chief Executive Officer
Dr. Thramann became Chief Executive Officer on July 9, 2025, succeeding Michael Lawless. He previously served as Executive Chairman. Dr. Thramann founded Clip Interactive in 2011, which was the predecessor to Auddia. In 2002, he founded Lanx, LLC, an innovative medical device company focused on the spinal implant market, which was subsequently sold to Biomet, Inc. in 2013. He also founded ProNerve, LLC in 2006. He is involved in establishing the company's vision, prioritizing product launches, and working with the CFO on financial plans. Dr. Thramann is currently overseeing a proposed restructuring where Auddia would become a fully owned subsidiary of an AI-focused holding company, and he would serve as CEO of the holding company.
John Mahoney, Chief Financial Officer
Mr. Mahoney was appointed Chief Financial Officer on December 13, 2023. He brings over twenty years of finance and operational experience from both publicly traded and privately held companies. Prior to joining Auddia, he served as CFO of Quality Biomedical, Inc., a private equity-backed service provider in the home medical equipment industry, where he was involved in raising funds, scaling the business, and driving financial discipline. Before Quality Biomedical, Mr. Mahoney was a Principal and Chief Financial Officer at CFO Leadership Services, LLC, a fractional CFO consulting firm. He also spent nearly a decade at First Data Corporation in various leadership roles within the finance organization, supporting investor relations, audit, SEC reporting, and SOX compliance.
Pablo Calderon, Chief Tech/Sci/R&D Officer
Mr. Calderon is listed as Chief Tech/Sci/R&D Officer as of March 2026. He was previously identified as the lead AI engineer for Auddia. As part of a proposed restructuring, Mr. Calderon is expected to join the AI engineering team at the holding company level.
Theo Romeo, Sales & Marketing
Mr. Romeo joined Auddia in a Sales & Marketing role on August 31, 2022.
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Key Business Risks for Auddia (AUUD):
- Going Concern Risk and Financial Strain: Auddia faces substantial doubt about its ability to continue as a going concern, with auditors highlighting a significant net loss in 2025 and operating cash burn that suggests current funding may only last into the second quarter of 2026. The company has reported no revenue growth over the past three years and has consistently experienced negative earnings per share and significantly negative operating and net margins. This financial instability poses an immediate and existential threat to the business. Furthermore, Auddia has received notices from Nasdaq for non-compliance with minimum bid price requirements, which could lead to its delisting from the exchange if not rectified.
- Uncertainty and Dilution from Proposed Merger: Auddia is pursuing a business combination with Thramann Holdings, which would result in current Auddia shareholders owning approximately 20% of the combined entity, McCarthy Finney, while entities controlled by its founder would own about 80%. This proposed merger could lead to substantial dilution for existing shareholders. The completion of the merger is contingent on Auddia having at least $12 million in cash at closing, indicating a need for significant additional financing that could further dilute current holders. There is no guarantee that the merger will be approved by stockholders or ultimately consummated, creating significant uncertainty for the company's future.
- Intense Competition and Challenges in Revenue Generation: Operating in the highly competitive technology and software sector, Auddia faces rapid technological changes and intense competitive pressures from larger players like Spotify and Apple. The company's reliance on its AI-driven "superapp strategy" for its products like faidr and Discovr Radio raises concerns about its ability to effectively implement and differentiate its technology in an evolving market. The emphasis on a superapp strategy also suggests the company is still in a developmental phase, potentially lacking fully realized offerings compared to competitors. Auddia has reported zero revenue in recent quarters and its ability to scale its new B2B SaaS approach, particularly with a small team, and generate sustainable revenue remains a critical challenge.
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- The ongoing and accelerating shift of audio consumption from traditional AM/FM radio to ad-free, on-demand streaming services (music and podcasts) and integrated in-car entertainment systems. This trend directly erodes the unique value proposition of Auddia's commercial-free AM/FM application by providing alternative and often preferred ad-free listening experiences that bypass the need for traditional radio.
- The increasing market consolidation and aggressive content acquisition strategies by dominant players (e.g., Spotify, Apple Podcasts, YouTube) within the podcasting industry. These well-resourced platforms frequently secure exclusive content, establish vast user bases, and integrate sophisticated features, making it significantly challenging for smaller, independent podcast platforms like Vodacast to attract and retain creators and listeners.
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Discovr Radio (B2B AI-Driven Music Discovery)
Auddia's new strategic focus is Discovr Radio, an AI-driven music discovery platform aimed at artists and labels. The company's internal research indicates a "serviceable addressable market of over 100 million prospects" for this B2B offering, targeting those seeking radio exposure.Vodacast (Interactive Podcasting Platform)
Auddia's Vodacast platform participates in the rapidly expanding global podcasting market.- The global podcasting market size reached USD 28.2 billion in 2025 and is projected to grow substantially to USD 191.3 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 23.71% during 2026-2034.
- Another estimate values the global podcasting market at USD 4.78 billion in 2025, with a projected increase to USD 50.04 billion by 2034, exhibiting a CAGR of 29.80% during the forecast period.
- North America is a dominant region in this market, holding a 36.56% market share in 2025. The U.S. podcasting market alone was valued at USD 8.76 billion in 2024 and is expected to reach USD 60.48 billion by 2032, growing at a CAGR of 27.31% over 2025-2032.
- The subscription-based segment within the podcasting market is anticipated to be the fastest-growing, with a projected CAGR of approximately 30.26% over 2025-2032.
Auddia App (faidr) - Commercial-Free AM/FM Software Application
While Auddia is transitioning its consumer-facing faidr app to a free model, its operations are within the broader digital audio and internet radio markets that represent the audience reach for its new B2B initiatives.- The global Digital Audio Market size was USD 16.77 billion in 2025 and is projected to reach USD 45.43 billion by 2034. Another report estimates the global digital audio market at USD 23.99 billion in 2025, expected to reach USD 73.79 billion by 2035.
- The Internet Radio Market was valued at USD 3.22 billion in 2025 and is estimated to grow to USD 6.47 billion by 2031 globally, with a CAGR of 12.33% from 2026-2031. North America generated 47.20% of the internet radio revenue in 2025.
- The U.S. Internet Radio Market size specifically was valued at USD 0.75 billion in 2025 and is projected to reach USD 1.81 billion by 2035.
- The global AM/FM radio market, encompassing both traditional and digital forms, is forecasted to reach USD 4.19 billion by 2035 from USD 3.22 billion in 2026.
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Auddia (AUUD) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Optimizing Subscription Conversions for the faidr App: Having achieved its user retention targets for the faidr mobile app, Auddia is now focusing on optimizing subscription conversions to significantly increase its high-margin revenue. The company aims to raise its subscription conversion rate from 5% to 12% by streamlining the paywall process and actively engaging users in subscription-related interactions.
- B2B Monetization of Discovr Radio: Auddia is transitioning to a B2B business model for its Discovr Radio platform, where artists and labels subscribe to promote their music to mainstream AM/FM radio station listeners. The company launched the Minimum Viable Product (MVP) phase of Discovr Radio in early 2026 and expects to generate its first B2B revenue from this segment in Q1 2026. Initial results from the MVP phase have shown strong listener engagement, with a high clickthrough rate on artist profiles.
- Expansion of the faidr "Superapp" Functionality: Auddia is pursuing a "superapp" strategy to integrate various audio services into a single platform. The faidr superapp is set to expand its features to include music playback, audiobooks, and text-to-speech capabilities, which is expected to broaden the platform's appeal and functionality, thereby attracting a larger user base.
- Strategic Acquisitions: The company plans to grow its user base and revenue through strategic acquisitions. Auddia has previously stated its intent to acquire several AM/FM streaming providers, which, if financed, could substantially increase its annual revenue to over $5 million and its monthly active users to nearly 10 million.
- Leveraging the LT350 Distributed AI Compute Business: As part of a proposed business combination with Thramann Holdings, LLC, Auddia is integrating the LT350 distributed AI compute business. This new venture is designed to provide high-performance AI inference at the edge by deploying a network of small, interconnected datacenters within parking lots. The LT350 business is projected to account for approximately 50% of the combined entity's valuation, aiming to generate premium revenue from AI infrastructure services.
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Share Issuance
- Auddia completed an initial public offering (IPO) in February 2021, generating approximately $16.5 million in gross proceeds from the sale of units comprising common stock and Series A warrants.
- In June 2023, the company executed a registered direct offering of 4,735,000 shares of common stock, raising approximately $3.1 million in gross proceeds.
- During July and August 2025, Auddia issued a total of 970,000 shares of common stock through an Equity Line Common Stock Purchase Agreement, raising $3.67 million.
Inbound Investments
- In August 2025, Auddia announced a non-binding letter of intent for a business combination with Thramann Holdings, LLC, which is expected to result in a new holding company named McCarthy Finney (MCFN).
- Upon completion of the merger, Auddia shareholders are projected to own approximately 20% of the combined entity, while Thramann Holdings' equity holders will control the remaining 80%.
- The merger agreement is contingent on Auddia securing at least $12 million in additional capital to fund the operations of the combined business.
Capital Expenditures
- Auddia Inc. recorded -$1 in capital expenditures in Q4 2024, indicating a very minimal or net negative investment in long-term assets for that quarter.
- The company reported $0 in capital expenditures for Q3 2025.
- Auddia is generally characterized as an "asset-light R&D entity," suggesting consistently low capital expenditures.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 5.15 |
| Mkt Cap | 0.3 |
| Rev LTM | 2,010 |
| Op Inc LTM | 107 |
| FCF LTM | -2 |
| FCF 3Y Avg | 19 |
| CFO LTM | 32 |
| CFO 3Y Avg | 64 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.1% |
| Rev Chg 3Y Avg | 0.6% |
| Rev Chg Q | 8.2% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 20.4% |
| Op Inc Chg 3Y Avg | -3.3% |
| Op Mgn LTM | 5.5% |
| Op Mgn 3Y Avg | 4.9% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 4.8% |
| CFO/Rev 3Y Avg | 3.3% |
| FCF/Rev LTM | 4.6% |
| FCF/Rev 3Y Avg | 1.3% |
Price Behavior
| Market Price | $1.38 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/17/2021 | |
| Distance from 52W High | -97.0% | |
| 50 Days | 200 Days | |
| DMA Price | $2.13 | $7.49 |
| DMA Trend | down | down |
| Distance from DMA | -35.1% | -81.6% |
| 3M | 1YR | |
| Volatility | 1,777.6% | 884.7% |
| Downside Capture | -62.93 | 266.14 |
| Upside Capture | -530.83 | -183.40 |
| Correlation (SPY) | 5.1% | 4.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -12.15 | 9.09 | 5.49 | 4.13 | 3.39 | 1.44 |
| Up Beta | -7.50 | 2.73 | -1.40 | 1.49 | 2.87 | 0.43 |
| Down Beta | -34.03 | -28.81 | -2.24 | -3.40 | -0.93 | -0.36 |
| Up Capture | -408% | 248% | -269% | -145% | -57% | -2% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 18 | 27 | 46 | 100 | 294 |
| Down Capture | -778% | -1356% | -222% | 53% | 184% | 114% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 11 | 23 | 36 | 73 | 141 | 438 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AUUD | |
|---|---|---|---|---|
| AUUD | -96.2% | 879.5% | 0.63 | - |
| Sector ETF (XLK) | 59.9% | 23.1% | 1.96 | 4.6% |
| Equity (SPY) | 26.5% | 12.4% | 1.61 | 4.5% |
| Gold (GLD) | 24.2% | 27.5% | 0.77 | 5.3% |
| Commodities (DBC) | 19.8% | 18.8% | 0.83 | -4.0% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.52 | 1.8% |
| Bitcoin (BTCUSD) | -40.0% | 42.4% | -1.08 | 0.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AUUD | |
|---|---|---|---|---|
| AUUD | -83.1% | 419.9% | 0.18 | - |
| Sector ETF (XLK) | 22.9% | 25.3% | 0.80 | 5.9% |
| Equity (SPY) | 13.5% | 17.1% | 0.62 | 5.5% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 3.8% |
| Commodities (DBC) | 7.5% | 19.4% | 0.29 | -1.7% |
| Real Estate (VNQ) | 1.9% | 18.9% | 0.00 | 4.0% |
| Bitcoin (BTCUSD) | 11.0% | 54.2% | 0.40 | 2.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AUUD | |
|---|---|---|---|---|
| AUUD | -59.3% | 407.7% | 0.17 | - |
| Sector ETF (XLK) | 25.4% | 24.7% | 0.93 | 5.9% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 5.6% |
| Gold (GLD) | 12.3% | 16.1% | 0.63 | 3.8% |
| Commodities (DBC) | 5.9% | 18.0% | 0.26 | -1.5% |
| Real Estate (VNQ) | 5.3% | 20.7% | 0.22 | 4.1% |
| Bitcoin (BTCUSD) | 60.0% | 66.8% | 1.00 | 3.1% |
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SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/06/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/24/2023 | 10-Q |
| 03/31/2023 | 05/19/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/06/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/24/2023 | 10-Q |
| 03/31/2023 | 05/19/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 02/17/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
| 06/30/2021 | 08/13/2021 | 10-Q |
| 03/31/2021 | 05/14/2021 | 10-Q |
| 12/31/2020 | 03/31/2021 | 10-K |
| 09/30/2020 | 02/19/2021 | 424B4 |
| 06/30/2020 | 08/14/2020 | S-1/A |
| 03/31/2020 | 07/17/2020 | S-1/A |
| 09/30/2019 | 01/10/2020 | S-1 |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thramann, Jeffrey John | CEO and Executive Chairman | Direct | Sell | 1022026 | 0.95 | 2,301 | 2,197 | 2,250 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thramann, Jeffrey John | CEO and Executive Chairman | Direct | Sell | 1022026 | 0.95 | 2,301 | 2,197 | 2,250 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Application Software Resources |
| Capterra |
| Software Advice |
| InfoWorld |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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