For the quarter ending 2026-03-31, BURUW has $76,148,310 in assets. $73,047,738 in debts. $8,267,110 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Deposit on acquisition - related party | - | - | - | 600,000 |
| Cash and cash equivalents | 8,267,110 | 24,661,284 | 5,941,542 | 111,090 |
| Restricted cash | 875,141 | 875,141 | 875,141 | - |
| Accounts receivable, net | 201,571 | - | - | - |
| Inventories, net | 293,499 | - | 0 | 0 |
| Syme convertible note receivable (related party) | 1,950,631 | - | - | - |
| Tekne convertible note receivable | 20,417,810 | - | - | - |
| Subscription for orbit shares (related party) | - | 11,778,600 | - | - |
| Syme inventory advance (related party) | - | 5,668,545 | - | - |
| Advance on tekne convertible receivable | - | 1,179,686 | - | - |
| Prepaid expenses and other current assets (including 1,772,288 and 233,498 with related parties, respectively) | 3,688,148 | 1,621,303 | 4,322,880 | 1,019,563 |
| Total current assets | 35,693,910 | 45,784,559 | 11,139,563 | 1,730,653 |
| Goodwill | 19,262,851 | - | - | - |
| Gross carrying amount | 2,910,650 | - | - | - |
| Accumulated amortization | 110,682 | - | - | - |
| Intangible assets subject to amortization, net | 2,799,968 | - | - | - |
| Investments at fair value | 12,664,441 | - | - | - |
| Syme bonds (related-party) | 5,647,818 | - | - | - |
| Property and equipment, gross | 12,557 | - | - | - |
| Less accumulated depreciation and amortization | 1,602 | - | - | - |
| Property and equipment, net | 10,955 | - | 0 | 0 |
| Equity method investment (related-party) | - | 949,806 | - | - |
| Operating lease right-of-use assets | - | - | 0 | 0 |
| Deposit on acquisition (related party) | - | 733,272 | - | - |
| Convertible note receivable (related party) | - | 2,351,602 | 2,011,700 | 748,600 |
| Other assets | 68,367 | - | 0 | 0 |
| Total assets | 76,148,310 | 49,819,239 | 13,151,263 | 2,479,253 |
| Current portion of notes payable (including nil and 8,130,638 with related parties, respectively) | - | 0 | 10,854,863 | 11,108,841 |
| Current portion of operating lease liability | - | - | 0 | 0 |
| Claims settlement liability | - | 5,575 | 502,196 | - |
| Convertible note derivative liability | - | - | 0 | 0 |
| Contract liabilities | - | - | 24,000 | 24,000 |
| Accounts payable (including 97,219 and nil with related parties, respectively) | 97,219 | - | - | - |
| Accounts payable (including 97,219 and nil with related parties, respectively) | 2,644,691 | 2,130,686 | 3,889,781 | 5,127,709 |
| Accrued expenses (including 2,474,831 and nil with related parties, respectively) | 2,474,831 | - | - | - |
| Accrued expenses (including 2,474,831 and nil with related parties, respectively) | 7,526,946 | 3,271,219 | 4,618,521 | 5,663,216 |
| Preferred obligation related to orbit transaction (related party) | - | 8,131,899 | - | - |
| Current portion of debt | 39,673,346 | - | - | - |
| Shareholder advances | 99,936 | 99,936 | 99,936 | 99,936 |
| Preferred stock liability, 0.0001 par value 50,000,000 shares authorized 1,343,967 and 2,188,905 shares issued and outstanding, respectively | 13,439,670 | 21,889,050 | 21,889,050 | 21,889,050 |
| Total current liabilities | 63,384,589 | 61,402,511 | 41,878,347 | 43,912,752 |
| Sepa liability | 2,994,500 | 3,201,500 | 3,467,142 | 3,297,922 |
| Warrant liabilities | 5,617,340 | 397,401 | 21,662,084 | 18,301 |
| Contingent consideration (including 482,916 and nil with related parties, respectively) | 625,491 | - | - | - |
| Deferred tax liability | 173,351 | - | - | - |
| Other liabilities | 252,467 | - | - | - |
| Total liabilities | 73,047,738 | 65,001,412 | 67,007,573 | 47,228,975 |
| Tekne subordinated convertible note | 928,000 | - | - | - |
| Common stock, 0.0001 par value 900,000,000 shares authorized 154,588,426 and 92,816,561 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 15,459 | 9,282 | 24,740 | 10,912 |
| Additional paid-in capital | 203,069,515 | 185,288,376 | 118,785,501 | 105,484,321 |
| Accumulated deficit | -200,939,729 | -200,479,831 | -172,666,551 | -150,244,955 |
| Accumulated other comprehensive income | 27,327 | - | - | - |
| Total stockholders' equity (deficit) | 2,172,572 | -15,182,173 | -53,856,310 | -44,749,722 |
| Total liabilities, redeemable convertible note and stockholders' equity (deficit) | 76,148,310 | 49,819,239 | 13,151,263 | 2,479,253 |
Nuburu, Inc. (BURUW)
Nuburu, Inc. (BURUW)