For the year ending 2025-12-31, CNTM has $36,170,124 in assets. $34,594,661 in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Other receivable, related party | - | 0 | ||
| Convertible note receivable, related party | - | 0 | ||
| Forward purchase agreement derivative asset | - | 1,471,000 | ||
| Cash | 2,904,430 | 2,407,843 | ||
| Deferred offering costs | - | 0 | ||
| Accounts receivable - net of allowance for credit loss | 3,066,626 | 1,897,471 | ||
| Contract asset | 303,910 | 206,750 | ||
| Inventories, net | 633,798 | 550,695 | ||
| Working capital advances | - | 266,831 | ||
| Prepaid expenses and other current assets | 1,261,794 | 1,530,842 | ||
| Total current assets | 8,170,558 | 8,331,432 | ||
| Right-of-use asset - operating lease | 215,385 | 221,479 | ||
| Right-of-use asset - finance lease | 54,147 | 130,774 | ||
| Property and equipment, net | 20,330,688 | 936,573 | ||
| Goodwill | 5,216,788 | 1,728,108 | ||
| Intangible assets, net | 2,182,558 | 1,408,176 | ||
| Total assets | 36,170,124 | 12,756,542 | ||
| Accounts payable | 7,219,261 | 10,497,488 | ||
| Accrued expenses and other current liabilities | 2,350,393 | 3,207,233 | ||
| Contingent consideration liability | 1,441,164 | 259,243 | ||
| Debt, net of debt discount | 7,098,279 | 7,019,499 | ||
| Convertible debt, at fair value | 5,321,303 | 8,542,323 | ||
| Derivative liabilities | 234,389 | 4,229,478 | ||
| Deferred consideration | 396,850 | - | ||
| Operating lease liability | 94,340 | 117,120 | ||
| Finance lease liability | 58,398 | 103,392 | ||
| Contract liabilities | 772,013 | 602,469 | ||
| 3(10) settlement agreement, at fair value | 3,634,000 | - | ||
| Other payable | 250,000 | - | ||
| Deferred tax liabilities | 4,039,514 | - | ||
| Total current liabilities | 32,909,904 | 34,578,245 | ||
| Debt, net of current portion | 1,180,273 | 1,303,665 | ||
| Operating lease liabilities, net of current portion | 130,509 | 135,239 | ||
| Finance lease liabilities, net of current portion | 43,749 | 91,726 | ||
| Contingent consideration liability, net of current portion | 330,226 | 434,174 | ||
| Total liabilities | 34,594,661 | 36,543,049 | ||
| Common stock, 0.0001 par value, 250,000,000 shares and 100,000,000 shares authorized as of december 31, 2025 and december 31, 2024 respectively, 152,955,375 and 29,093,289 issued and outstanding as of december 31, 2025 and december 31, 2024 respectively | 15,325 | 2,910 | ||
| Additional paid-in-capital | 60,149,175 | 20,152,919 | ||
| Accumulated deficit | -61,671,149 | -45,426,099 | ||
| Accumulated other comprehensive income | -20,333 | 166,007 | ||
| Total connectm technology solutions, inc.'s stockholders' deficit | -1,526,982 | -25,104,263 | ||
| Non-controlling interest | 3,102,445 | 1,317,756 | ||
| Total stockholders' deficit | 1,575,463 | -23,786,507 | ||
| Total liabilities and stockholders' deficit | 36,170,124 | 12,756,542 | ||
ConnectM Technology Solutions, Inc. (CNTM)
ConnectM Technology Solutions, Inc. (CNTM)