For the quarter ending 2025-09-30, ABLLL had $11,582,082 increase in cash & cash equivalents over the period. -$32,924,096 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 7,075,348 | 23,009,955 |
| Depreciation and amortization | 4,400,082 | 9,942,629 |
| Allowance for credit losses | 622,788 | - |
| Stock-based compensation | 4,527,358 | 5,842,224 |
| Amortization of debt issuance costs | 604,505 | 1,046,835 |
| Unrealized gain on equity securities, at fair value | 0 | 0 |
| Realized gain on equity securities, at fair value | 0 | 0 |
| Non-cash gain on policy trades | 0 | - |
| Unrealized gain on policies, at fair value | 33,600,970 | - |
| Unrealized gain on policies, at fair value-Related Party | - | -37,471,037 |
| Change in fair value of debt | 0 | 3,362,103 |
| Unrealized gain on policies, at fair value-Nonrelated Party | - | 55,348,517 |
| Change in fair value of warrant liability | 1,081,193 | 623,000 |
| Non-cash interest income | 29,918 | 317,756 |
| Deferred income taxes | 2,891,555 | 1,720,233 |
| Non-cash interest expense-Related Party | 402,889 | 770,579 |
| Non-cash interest expense-Nonrelated Party | 0 | 143,630 |
| Non-cash lease expense | 1,899 | -119,315 |
| Non-cash other income | 0 | 1,750,000 |
| Accounts receivable | 14,386,024 | -1,277,555 |
| Accounts receivable, related party | 4,801,713 | 6,120,244 |
| Equity securities, at fair value | 0 | - |
| Management and performance fee receivable, related party-Related Party | -963,884 | -1,122,181 |
| Prepaid expenses and other current assets | -930,690 | 2,810,783 |
| Other assets | 248,493 | 7,776 |
| Accrued expenses | 2,530,360 | -823,060 |
| Accrued transaction costs | 1,644,624 | 396,123 |
| Contract liabilities, deposits on pending settlement | 313,114 | -2,427,674 |
| Other current liabilities | 121,102 | -2,391,239 |
| Income tax payable | -2,594,523 | 1,953,834 |
| Income tax receivable | 1,366,181 | -2,276,726 |
| Retrocession fees payable | 0 | 49,500 |
| Net change in life settlement policies, at fair value | 21,914,159 | -2,131,229 |
| Net change in life settlement policies, at cost | -204,459 | 25,831 |
| Net cash used in operating activities | -32,752,449 | 14,511,602 |
| Origination of note receivable | 0 | 7,000,000 |
| Acquisition of businesses, net of cash acquired | -435,844 | 2,096,021 |
| Purchase of property and equipment | 171,647 | 647,321 |
| Purchase of intangible assets | 0 | 0 |
| Purchase of other investments | 0 | 3,000,000 |
| Purchase of available for sale securities | 500,000 | 1,000,000 |
| Change in due from affiliates | 0 | 0 |
| Net cash used in investing activities | -235,803 | -13,743,342 |
| Issuance of long term-debt | 25,267,747 | 24,732,253 |
| Transaction costs | - | 468,128 |
| Proceeds from issuance of long-term debt at fair value | 25,410,115 | - |
| Payment of discounts and financing costs | 1,018,280 | 374,809 |
| Repayment of debt-Nonrelated Party | 750,000 | - |
| Repayment of debt, at fair value | 46,423,206 | - |
| Repayment of debt-Related Party | 0 | - |
| Common stock issuance | 0 | 0 |
| Due to former members | - | 0 |
| Common stock issuance transaction costs | 1,811,502 | 0 |
| Repurchase of common stock | 3,192,124 | 35,051,781 |
| Payment of series a convertible preferred dividend | 93,750 | - |
| Repayment of debt, at fair value | - | 46,713,206 |
| Due to former members-Related Party | 0 | - |
| Warrant conversions | 0 | 0 |
| Due to former members-Affiliated Entity | 0 | - |
| Net cash (used in) provided by financing activities | 44,570,334 | -57,875,671 |
| Net decrease in cash, cash equivalents, and restricted cash | 11,582,082 | -57,107,411 |
| Cash and cash equivalents at beginning of period | 131,944,282 | - |
| Cash and cash equivalents at end of period | 86,418,953 | - |
Abacus Global Management, Inc. (ABLLL)
Abacus Global Management, Inc. (ABLLL)