For the quarter ending 2025-06-30, ABLLW had -$57,107,411 decrease in cash & cash equivalents over the period. $13,864,281 in free cash flow.
| Cash Flow | 2025-06-30 |
|---|---|
| Stock-based compensation | 5,842,224 |
| Net income (loss) | 23,009,955 |
| Non-cash interest expense-Related Party | 770,579 |
| Non-cash interest expense-Nonrelated Party | 143,630 |
| Non-cash other income | 1,750,000 |
| Unrealized gain on policies, at fair value-Related Party | -37,471,037 |
| Unrealized gain on policies, at fair value-Nonrelated Party | 55,348,517 |
| Non-cash interest income | 317,756 |
| Prepaid expenses and other current assets | 2,810,783 |
| Other assets | 7,776 |
| Other current liabilities | -2,391,239 |
| Income tax receivable | -2,276,726 |
| Contract liabilities, deposits on pending settlement | -2,427,674 |
| Accrued expenses | -823,060 |
| Income tax payable | 1,953,834 |
| Accounts receivable, related party | 6,120,244 |
| Accounts receivable | -1,277,555 |
| Change in fair value of debt | 3,362,103 |
| Change in fair value of warrant liability | 623,000 |
| Unrealized gain on equity securities, at fair value | 0 |
| Realized gain on equity securities, at fair value | 0 |
| Depreciation and amortization | 9,942,629 |
| Deferred income taxes | 1,720,233 |
| Amortization of debt issuance costs | 1,046,835 |
| Non-cash lease expense | -119,315 |
| Net change in life settlement policies, at cost | 25,831 |
| Net change in life settlement policies, at fair value | -2,131,229 |
| Retrocession fees payable | 49,500 |
| Management and performance fee receivable, related party-Related Party | -1,122,181 |
| Accrued transaction costs | 396,123 |
| Net cash provided by (used in) operating activities | 14,511,602 |
| Purchase of property and equipment | 647,321 |
| Purchase of other investments | 3,000,000 |
| Origination of note receivable | 7,000,000 |
| Purchase of intangible assets | 0 |
| Acquisition of businesses, net of cash acquired | 2,096,021 |
| Purchase of available for sale securities | 1,000,000 |
| Change in due from affiliates | 0 |
| Net cash used in investing activities | -13,743,342 |
| Repayment of debt, at fair value | 46,713,206 |
| Warrant conversions | 0 |
| Issuance of long term-debt, at fair value | 24,732,253 |
| Common stock sale | 0 |
| Common stock sale transaction costs | 0 |
| Transaction costs | 468,128 |
| Payment of discounts and financing costs | 374,809 |
| Due to former members | 0 |
| Repurchase of common stock | 35,051,781 |
| Net cash (used in) provided by financing activities | -57,875,671 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -57,107,411 |
Abacus Global Management, Inc. (ABLLW)
Abacus Global Management, Inc. (ABLLW)