| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 6,327 | 120,825 | 255,868 | 39,120 |
| Accounts receivable, net of allowance of 15 and 39, at september30, 2025, and december31, 2024, respectively | 58,821 | 57,085 | 53,235 | 43,984 |
| Prepaid expenses | 6,178 | 6,460 | 6,166 | 5,188 |
| Deferred charges | 4,486 | 4,197 | 3,987 | 3,773 |
| Other current assets | 1,492 | 778 | 458 | 605 |
| Total current assets | 77,304 | 189,345 | 319,714 | 92,670 |
| Restricted cash | 605 | 605 | 605 | 605 |
| Property and equipment, net | 1,464 | 1,510 | 1,559 | 1,652 |
| Capitalized software development costs, net | 12,401 | 8,077 | 8,686 | 8,665 |
| Intangible assets, net | 65,847 | 65,847 | 67,608 | 72,987 |
| Goodwill | 275,703 | 275,703 | 275,703 | 275,703 |
| Deferred tax assets | 1,242 | 1,242 | 1,242 | - |
| Right-of-use assets | 3,230 | 4,023 | 3,039 | 2,922 |
| Other assets | 1,392 | 1,268 | 1,289 | 1,141 |
| Total assets | 439,188 | 547,620 | 679,445 | 456,345 |
| Accounts payable | 4,107 | 1,769 | 2,186 | 2,082 |
| Accrued expenses and other current liabilities | 51,308 | 37,886 | 37,750 | 26,371 |
| Current maturities of long-term debt, net | 15,000 | 15,000 | 15,000 | 15,000 |
| Deferred revenue | 23,472 | 21,769 | 20,848 | 19,895 |
| Total current liabilities | 93,887 | 76,424 | 75,784 | 63,348 |
| Deferred tax liability | - | - | - | 3,422 |
| Long-term debt, net | 264,908 | 268,463 | 272,021 | 279,136 |
| Warrant liability | 0 | 0 | 0 | 113,200 |
| Lease liability | 672 | 986 | 744 | 1,030 |
| Other non-current liabilities | 8,767 | 14,057 | 11,080 | 9,612 |
| Total liabilities | 368,234 | 359,930 | 359,629 | 469,748 |
| Common stock, par value 0.0001 1,000,000,000 shares authorized 184,495,291 and 178,567,403 shares issued at september30, 2025, and december31, 2024, respectively 184,495,291 and 177,193,667 outstanding at september30, 2025, and december31, 2024, respectively | 18 | 19 | 20 | 18 |
| Treasury stock | 0 | 29,768 | 19,810 | 7,776 |
| Additional paid-in capital | 188,257 | 365,594 | 504,399 | 62,315 |
| Accumulated deficit | -117,321 | -148,155 | -164,793 | -67,960 |
| Total stockholders equity (deficit) | 70,954 | 187,690 | 319,816 | -13,403 |
| Total liabilities and stockholders equity (deficit) | 439,188 | 547,620 | 679,445 | 456,345 |
Grindr Inc. (GRND)
Grindr Inc. (GRND)