For the quarter ending 2025-09-30, BURUW has $13,151,263 in assets. $67,007,573 in debts. $5,941,542 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Deposit on acquisition - related party | - | 600,000 | ||
| Cash and cash equivalents | 5,941,542 | 111,090 | ||
| Restricted cash | 875,141 | - | ||
| Inventories, net of reserve of nil and 1,161,469 at september 30, 2025 and december 31, 2024, respectively | 0 | 0 | ||
| Prepaid expenses and other current assets (including 1,750,000 and nil with related parties, respectively) | 4,322,880 | 1,019,563 | ||
| Total current assets | 11,139,563 | 1,730,653 | ||
| Property and equipment, net | 0 | 0 | ||
| Operating lease right-of-use assets | 0 | 0 | ||
| Convertible note receivable (related party) | 2,011,700 | 748,600 | ||
| Other assets | 0 | 0 | ||
| Total assets | 13,151,263 | 2,479,253 | ||
| Accounts payable | 3,889,781 | 5,127,709 | ||
| Accrued expenses | 4,618,521 | 5,663,216 | ||
| Current portion of operating lease liability | 0 | 0 | ||
| Contract liabilities | 24,000 | 24,000 | ||
| Shareholder advances | 99,936 | 99,936 | ||
| Current portion of notes payable (including 4,345,626 and 8,130,638 with related parties, respectively) | 10,854,863 | 11,108,841 | ||
| Claims settlement liability | 502,196 | - | ||
| Convertible note derivative liability | 0 | 0 | ||
| Preferred stock liability | 21,889,050 | 21,889,050 | ||
| Total current liabilities | 41,878,347 | 43,912,752 | ||
| Sepa liability | 3,467,142 | 3,297,922 | ||
| Warrant liabilities | 21,662,084 | 18,301 | ||
| Total liabilities | 67,007,573 | 47,228,975 | ||
| Common stock, 0.0001 par value 900,000,000 shares authorized208,586,879 and 20,274,238 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 24,740 | 10,912 | ||
| Additional paid-in capital | 118,785,501 | 105,484,321 | ||
| Accumulated deficit | -172,666,551 | -150,244,955 | ||
| Total stockholders' deficit | -53,856,310 | -44,749,722 | ||
| Total liabilities, convertible preferred stock and stockholders' deficit | 13,151,263 | 2,479,253 | ||
Nuburu, Inc. (BURUW)
Nuburu, Inc. (BURUW)