# Marti Technologies, Inc.: Form 20-F for the period ended Dec 31, 2023

- Company: [Marti Technologies, Inc.](/companies/mrt.md) (CIK 1852767)
- Form: 20-F
- Filed: 2024-04-16
- Accepted by EDGAR: Apr 16, 2024, 08:01 ET
- Period: 2023-12-31
- Accession: 0001213900-24-033158
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1852767/000121390024033158/ea0202410-20f_marti.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1852767/000121390024033158/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $20.0m | us-gaap:Revenues |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $24.1m | us-gaap:CostOfRevenue |
| Research and development | 12 months, 2023-01-01 to 2023-12-31 | $2.0m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | −$30.6m | us-gaap:OperatingIncomeLoss |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | −$33.8m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2023-01-01 to 2023-12-31 | −$0.67 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2023-01-01 to 2023-12-31 | −$0.67 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 50,578,134 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | −$14.9m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Cash and equivalents | at 2023-12-31 | $19.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $25.7m | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $40.2m | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $17.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-12-31 | $72.9m | us-gaap:Liabilities |
| Shareholders' equity | at 2023-12-31 | −$32.7m | us-gaap:StockholdersEquity |
| Shares outstanding | at 2023-12-31 | 57,036,094 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1852767/000121390024033158/ea0202410-20f_marti.htm

Filed Apr 16, 2024.
Source: SEC EDGAR, the filing index for accession 0001213900-24-033158. Last ingested by Listed: Oct 30, 2026, 06:34 ET. No prices; not investment advice.