Auddia Inc. (NASDAQ: AUUD)

Auddia Inc. is an AI technology company headquartered in Boulder, Colorado that reinvents how consumers engage with audio through its proprietary faidr app and Discovr Radio platform. The faidr app delivers ad free AM/FM radio streaming with personalized content replacement, while Discovr Radio enables artists and labels to place new music directly into those streams. Together they create a two sided audio ecosystem that blends broadcast radio with AI driven music discovery.

The company generates revenue primarily through subscription fees charged to artists and record labels for access to the Discovr Radio platform, which guarantees their songs are played during ad breaks on the faidr powered radio stream. Historically the firm offered a B2C subscription for the faidr app, but it shifted to a B2B model in 2025, making faidr free for consumers and monetizing the artist side instead. Revenue may also arise from ancillary services such as campaign analytics and promotional tools provided within the Discovr Radio dashboard.

The company operates through the following segments.

• Single Operating Segment: The company engages in AI technology for audio engagement through its faidr app and Discovr Radio platform, delivering ad free radio streaming and artist focused music placement services.

Auddia occupies a niche position in the audio streaming industry by combining ad free AM/FM radio with AI driven music insertion, a feature not offered by competitors such as TuneIn, iHeart, Audacy, Spotify or Apple Music. Its competitive advantage lies in the proprietary AI that identifies and replaces ad breaks in real time, guaranteeing artists placement within live radio streams while providing listeners a personalized commercial free experience. This dual sided model creates a barrier to entry for pure play streaming services and traditional broadcasters alike.

The company serves artists, independent musicians and record labels seeking guaranteed radio play and promotional exposure, as well as consumers who use the faidr app for ad free, personalized radio listening. No specific customer names are disclosed in the filing.