The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Accounts payable | - | - | 120,374 | - |
| Due to related party | - | - | 100,423 | - |
| Net loss | -107,759,000 | -28,646,033 | -215,089 | -114,382 |
| Change in fair value of digital assets | -105,467,000 | -25,005,384 | - | - |
| Realized loss on put option liability | -914,000 | 106,264 | - | - |
| Amortization of right-of-use asset | 51,000 | - | - | - |
| Change in fair value of conversion feature -preferred units | - | 56,298,500 | - | - |
| Gain on extinguishment of debt | 5,933,000 | - | - | - |
| Change in fair value of convertible notes conversion feature | 838,000 | 2,350,290 | - | - |
| Realized loss on sale of digital assets | - | -54,463,684 | - | - |
| Stock based compensation | 3,540,000 | 46,643 | - | 395,400 |
| Depreciation | 39,000 | 32,469 | - | - |
| Amortization of discount and debt issuance costs on convertible notes | 1,100,000 | 534,054 | - | - |
| Accounts receivable | -45,000 | 45,000 | - | - |
| Interest earned on marketable securities held in trust account | - | - | - | 1,199,623 |
| Prepaid expenses and other current assets | -154,000 | 1,879,466 | - | - |
| Long term prepaid insurance | - | - | - | 124,551 |
| Other current assets | - | 257,389 | - | - |
| Deposits | 82,000 | - | - | - |
| Prepaid expenses | - | - | - | 144,967 |
| Accounts payable and accrued expenses | -149,000 | 1,829,984 | - | - |
| Deferred legal fee | - | - | - | -12,271 |
| Deferred revenue | -1,000 | 1,000 | - | - |
| Accrued expenses | - | - | - | 579,443 |
| Lease liability | -27,000 | - | - | - |
| Payment of operation costs through promissory note | - | - | - | 30,800 |
| Due to related party | - | 111,981 | - | - |
| Income tax payable | 193,000 | - | - | - |
| Cash used in operating activities | -3,286,000 | -7,383,140 | 456,935 | -565,609 |
| Purchase of digital assets | 35,953,000 | 983,296,700 | - | - |
| Proceeds from sale of digital assets | - | 462,036,316 | - | - |
| Investment of cash into trust account | - | - | - | 250,000,000 |
| Purchase of fixed assets | 155,000 | 84,582 | - | - |
| Cash used in investing activities | -36,108,000 | -271,344,966 | - | -250,000,000 |
| Repayment of promissory note - related party | - | - | - | 300,000 |
| Proceeds from promissory note, related party | - | 1,777,581 | - | - |
| Payments of promissory note, related party | - | 1,841,277 | - | 48,285 |
| Proceeds from convertible notes, net of debt discount | - | 227,950,000 | - | - |
| Payment of debt issuance costs | - | 9,682,916 | - | - |
| Payments of convertible notes | 119,152,000 | - | - | - |
| Proceeds from derivative securities | 889,000 | 534,500 | - | - |
| Purchase of derivative securities | 1,653,000 | - | - | - |
| Settlement of derivative securities | 578,000 | - | - | - |
| Proceeds from reverse recapitalization, net | - | 12,190,671 | - | - |
| Taxes paid on rsu vesting | 1,011,000 | - | - | - |
| Proceeds from sale of private placement units | - | - | - | 7,050,000 |
| Purchase of treasury stock | 7,998,000 | 2,846,627 | - | - |
| Proceeds from sale of units, net of underwriting discounts paid | - | - | - | 245,600,000 |
| Proceeds from sale of preferred units, net | - | 487,507,479 | - | - |
| Payment of offering costs | - | - | - | 732,160 |
| Proceeds from promissory note - related party | - | - | 108,674 | - |
| Proceeds from sale of preferred units by related party | - | 8,157,113 | - | - |
| Cash used in financing activities | -129,503,000 | 723,589,565 | -251,460,881 | 251,569,555 |
| Net change in cash | -168,897,000 | 194,861,459 | -1,003,946 | 1,003,946 |
| Cash, cash equivalents and restricted cash, beginning of period | 194,861,000 | 0 | 0 | - |
| Cash, cash equivalents and restricted cash, end of period | 25,964,000 | 194,861,459 | 0 | - |
ProCap Financial, Inc. (BRRWW)
ProCap Financial, Inc. (BRRWW)