For the quarter ending 2025-09-30, ABL has $918,937,530 in assets. $479,343,537 in debts. $86,418,953 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 86,418,953 | 74,836,871 | ||
| Accounts receivable-Nonrelated Party | 30,392,121 | 14,512,827 | ||
| Accounts receivable-Related Party | 13,863,196 | 10,989,251 | ||
| Income taxes receivable | 2,740,362 | 145,839 | ||
| Prepaid expenses and other current assets | 4,738,492 | 5,435,222 | ||
| Total current assets | 138,153,124 | 105,920,010 | ||
| Property and equipment, net | 1,590,408 | 1,517,845 | ||
| Intangible assets, net | 70,491,008 | 71,392,006 | ||
| Goodwill | 248,959,637 | 238,921,108 | ||
| Operating right-of-use assets | 4,716,584 | 4,867,682 | ||
| Management and performance fee receivable, related party-Related Party | 15,465,366 | 14,501,482 | ||
| Life settlement policies, at fair value | 423,782,347 | 386,144,698 | ||
| Life settlement policies, at cost | 905,349 | 1,109,808 | ||
| Available-for-sale securities, at fair value net of allowance for credit losses | 3,194,593 | 3,287,463 | ||
| Other investments | 9,850,000 | 9,850,000 | ||
| Other assets | 1,829,114 | 10,845,818 | ||
| Total assets | 918,937,530 | 848,357,920 | ||
| Current portion of long-term debt, at fair value | 118,498,871 | 117,869,504 | ||
| Current portion of long-term debt | 1,000,000 | - | ||
| Accrued expenses | 8,691,570 | 5,316,412 | ||
| Current operating lease liabilities | 671,281 | 646,851 | ||
| Current portion of long-term debt | - | 1,000,000 | ||
| Contract liabilities, deposits on pending settlements | 358,983 | 45,869 | ||
| Accrued transaction costs | 2,523,953 | 879,329 | ||
| Other current liabilities-Nonrelated Party | 15,783,293 | 12,143,344 | ||
| Income taxes payable | 910,545 | 2,276,726 | ||
| Long-term debt, net-Related Party | - | 13,296,214 | ||
| Total current liabilities | 148,438,496 | 140,178,035 | ||
| Long-term debt, net-Nonrelated Party | 276,072,681 | 224,895,561 | ||
| Long-term debt, at fair value | 0 | 0 | ||
| Long-term debt, net-Related Party | 13,699,103 | - | ||
| Retrocession fees payable | 5,361,714 | 5,361,714 | ||
| Noncurrent operating lease liabilities | 4,535,901 | 4,713,328 | ||
| Deferred tax liability | 31,235,642 | 28,411,876 | ||
| Warrant liability | 0 | 9,968,000 | ||
| Total liabilities | 479,343,537 | 426,824,728 | ||
| Series a convertible preferred stock, 0.0001 par value 5,000 shares authorized 5,000 issued and outstanding | 5,000,000 | 5,000,000 | ||
| Class a common stock, 0.0001 par value 200,000,000 authorized shares 104,430,882 and 96,731,194 shares issued at september30, 2025 and december31, 2024, respectively-Common Class A | 10,443 | 9,795 | ||
| Treasury stock - at cost 6,726,082 and 1,048,226 shares repurchased at september30, 2025 and december31, 2024, respectively | 50,269,042 | 47,076,918 | ||
| Additional paid-in capital | 513,709,228 | 499,438,543 | ||
| Accumulated deficit | -28,856,636 | -35,767,080 | ||
| Noncontrolling interest | 0 | -71,148 | ||
| Total stockholders' equity | 434,593,993 | 416,533,192 | ||
| Total liabilities, mezzanine equity, and stockholders' equity | 918,937,530 | 848,357,920 | ||
Abacus Global Management, Inc. (ABL)
Abacus Global Management, Inc. (ABL)