For the quarter ending 2025-09-30.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | - |
| Cost of revenue | -49,806 | -4,538 | 235,717 | 359,950 |
| Gross margin | 49,806 | 4,538 | -235,717 | -359,950 |
| Research and development | 0 | 0 | 184,563 | 206,474 |
| Selling and marketing | 790,779 | 526,996 | 543,337 | 113,445 |
| General and administrative | 1,883,497 | 4,095,229 | 2,078,805 | 1,941,085 |
| Total operating expenses | 2,674,276 | 4,622,225 | 2,806,705 | 2,261,004 |
| Loss from operations | -2,624,470 | -4,617,687 | -3,042,422 | -2,620,954 |
| Interest income | 48,090 | 19,194 | 7,385 | 721 |
| Interest expense | 35,405 | 160,952 | 193,480 | 929,046 |
| Change in fair value of warrant liabilities | 1,392,598 | 16,986 | -127,300 | -369,674 |
| Change in fair value of derivative liability | 0 | 0 | -37,900 | -141,100 |
| Change in fair value of convertible note receivable (related party) | -1,044,294 | -11,400 | - | - |
| Change in fair value of notes payable (including 60,512, nil, 60,512 and nil with related parties, respectively) | 44,800 | 1,422,895 | - | - |
| Change in fair value of sepa liability | 646,443 | 260,507 | - | - |
| Change in fair value of claims settlement liability | 2,584,724 | - | - | - |
| Loss on issuance of warrants | -8,756,303 | - | - | - |
| Loss on issuance of notes payable | -443,466 | -766,296 | - | - |
| Loss on issuance of sepa | 0 | -2,582,724 | - | - |
| Loss on extinguishment of accounts payable | -6,513,554 | - | - | - |
| Loss on extinguishment of notes payable (including 2,840,115, 521,193, 2,840,115 and 1,491,666 with related parties, respectively) | -3,265,002 | -1,375,819 | -5,497,516 | -1,339,017 |
| Sepa fees and issuance costs | 28,451 | 1,075,000 | - | - |
| Loss on issuance of debt | - | - | -707,800 | - |
| Gain on sale of intellectual property intangible assets | 0 | 0 | 8,961,872 | - |
| Loss on impairment of inventories, property and equipment and operating lease right-of-use asset | 0 | 0 | -6,064,823 | - |
| Change in fair value of debt | - | - | -256,522 | - |
| Interest expense recognized on remeasurement of preferred stock liability | 0 | 0 | 10,398,050 | - |
| Other gain (loss), net | -259,624 | 46,097 | -98,313 | - |
| Loss before provision for income taxes | -22,421,596 | -12,224,975 | -16,611,425 | -4,377,522 |
| Provision for income taxes | 0 | 0 | 0 | - |
| Net loss | -22,421,596 | -12,224,975 | -16,611,425 | -4,377,522 |
| Reclassification of convertible preferred stock from mezzanine equity to liability | 0 | 0 | -10,398,050 | - |
| Deemed dividend in connection with modification of pre-funded warrants | 0 | 0 | 3,076,380 | - |
| Net loss available to common shareholders | -22,421,596 | -12,224,975 | -9,289,755 | - |
| Net loss per common share, basic | -0.2 | -0.18 | -0.28 | -1.12 |
| Net loss per common share, diluted | -0.2 | -0.18 | -0.28 | -1.12 |
| Total | 109,741,345 | 66,284,524 | 33,074,691 | 3,924,580 |
| Weighted-average common shares used to compute net loss per common share, basic | 109,741,345 | 66,284,524 | 33,074,691 | 3,924,580 |
Nuburu, Inc. (BURU)
Nuburu, Inc. (BURU)