For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Revenue | 0 | |||
| Cost of revenue | 181,373 | |||
| Gross margin | -181,373 | |||
| Research and development | 174,559 | |||
| Selling and marketing | 4,671,975 | |||
| General and administrative | 13,348,686 | |||
| Total operating expenses | 18,195,220 | |||
| Loss from operations | -18,376,593 | |||
| Interest income | 10,456 | |||
| Interest expense (including 103,299 and nil with related parties, respectively) | 472,381 | |||
| Equity in losses of unconsolidated affiliates (related party) | 30,175 | |||
| Change in fair value of warrant liabilities | 13,894,830 | |||
| Change in fair value of derivative liability | -37,900 | |||
| Change in fair value of convertible note receivable (related party) | -2,679,772 | |||
| Change in fair value of notes payable (including 847,646 and nil with related parties, respectively) | 3,616,706 | |||
| Change in fair value of sepa liability | -682,276 | |||
| 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 | -3,980,062 | |||
| Loss on issuance of sepa | -2,582,724 | |||
| Loss on extinguishment of accounts payable (including 290,676 and nil with related parties, respectively) | -5,361,931 | |||
| Loss on extinguishment of notes payable (including 2,840,115 and 1,491,666 with related parties, respectively) | -10,138,337 | |||
| Loss on settlement of claims liability, net | 395,379 | |||
| Loss on fraudulently induced wire transfer | 1,005,352 | |||
| Sepa fees and issuance costs | 2,147,287 | |||
| Gain on sale of intellectual property intangible assets | 8,961,872 | |||
| Loss on impairment of inventories, property and equipment and operating lease right-of-use asset | -6,064,823 | |||
| Interest expense recognized on remeasurement of preferred stock liability | 10,398,050 | |||
| Other gain (loss), net | -1,447,799 | |||
| Loss before provision for income taxes | -79,071,276 | |||
| Provision for income taxes | 0 | |||
| Net loss | -79,071,276 | |||
| Reclassification of convertible preferred stock from mezzanine equity to liability | -10,398,050 | |||
| Deemed dividend in connection with modification of pre-funded warrants | 3,076,380 | |||
| Net loss available to common shareholders | -71,749,606 | |||
| Basic EPS | -2.25 | |||
| Diluted EPS | -2.25 | |||
| Basic Average Shares | 31,912,339 | |||
| Diluted Average Shares | 31,912,339 | |||
Nuburu, Inc. (BURU)
Nuburu, Inc. (BURU)