Boca Raton, FL, April 30, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq:  JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that it has officially launched Janover Insurance Group Inc. ("Janover Insurance"), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. "Our ability ...

Boca Raton, FL, April 17, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq:  JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that it achieved significant year-over-year growth in lenders on its fintech platform in 2023, providing borrowers with access to a broad range of competitive loan products.  Key Highlights (2023 vs 2022) 766% increase in banking originator sign ups647% increase in credit union originator sign ups445% increase in the 'o ...

Revenue Growth and Performance - Revenue per transaction increased 54% year-over-year for the year-ended December 31, 2023[8] - Revenue from Small Business transactions grew more than 100% for the second consecutive year[6][8] - Janover's 2023 revenues were $2,003,155, a decrease from $2,150,937 in 2022[20] Financial Position and Assets - Cash and cash equivalents as of December 31, 2023, were $5.1 million[4][8] - Total assets as of December 31, 2023, were $6.68 million, up from $1.34 million in 2022[2] - Total liabilities as of December 31, 2023, were $867,847, compared to $811,535 in 2022[2] - Stockholders' equity increased to $5.82 million in 2023 from $525,378 in 2022[2] Net Loss and Operating Expenses - Net loss for the year-ended December 31, 2023, was $3.4 million, compared to $1.3 million in 2022[9] - Net loss for 2023 was $3,373,794, compared to $1,261,675 in 2022[20] - Operating expenses in 2023 totaled $5,408,047, up from $3,871,332 in 2022, driven by increased sales and marketing, R&D, and general administrative costs[20] - Net loss per common share was $0.40 in 2023, compared to $0.18 in 2022[20] Adjusted EBITDA and Performance Metrics - Adjusted EBITDA loss for 2023 was $1.9 million, compared to $1.2 million in 2022[9] - Adjusted EBITDA and adjusted EBITDA per share are key measures used by Janover's management and Board to evaluate operating performance and make strategic decisions[22] - Adjusted EBITDA excludes stock-based compensation, depreciation, and other income/expense to facilitate comparability across reporting periods[21] Strategic Investments and Milestones - The company completed an IPO in July 2023, raising over $5.0 million[8] - The company launched an AI chatbot interface for commercial lenders under a SaaS licensing model[8] - Janover achieved significant milestones in 2023, including Nasdaq listing in July and acquisition of Groundbreaker in November, signaling a transition to recurring revenue[17] - Janover made substantial investments in 2023 in sales and marketing capabilities and artificial intelligence, building a scalable infrastructure for future growth[17] Share Structure and Equity - Weighted average common shares outstanding increased to 8,451,573 in 2023 from 6,882,581 in 2022[20]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the annual period ended December 31, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-41748 JANOVER INC. (Exact name of registrant as specified in its charter) | Delaware | 83-2676794 | | --- | --- | | (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ to __________ COMMISSION FILE NUMBER 001-41748 JANOVER INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2023 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ to __________ COMMISSION FILE NUMBER 001-41748 JANOVER INC. Boca Raton, FL 33487 (844) 885-6875 ___________________________________ Securities regist ...