For the quarter ending 2025-09-30, NMAX has $233,331,108 in assets. $127,370,046 in debts. $14,181,578 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 14,181,578 | 33,842,039 | ||
| Funds held in escrow | 20,000,000 | - | ||
| Equity securities | 20,499,637 | - | ||
| Debt securities | 95,675,434 | - | ||
| Investments | 116,175,071 | 164,052,830 | ||
| Accounts receivable, net | 30,623,417 | 29,553,260 | ||
| Inventories, net | 1,798,300 | 1,640,952 | ||
| Prepaid expenses and other current assets | 9,457,315 | 8,209,833 | ||
| Total current assets | 192,235,681 | 237,298,914 | ||
| Property and equipment, gross | 26,880,604 | - | ||
| Less accumulated depreciation | 20,312,526 | - | ||
| Property and equipment, net | 6,568,078 | 6,187,097 | ||
| Right of use asset, operating lease | 4,531,107 | 5,431,334 | ||
| Other assets | 9,446,965 | 10,282,124 | ||
| Security deposits | 549,277 | 598,319 | ||
| Funds held in escrow | 20,000,000 | - | ||
| Total assets | 233,331,108 | 259,797,788 | ||
| Accounts payable | 15,844,429 | 15,729,014 | ||
| Accrued expenses | 9,824,063 | 7,772,710 | ||
| Accrued payroll | 3,439,899 | 1,973,340 | ||
| Accrued distribution | 935,380 | 895,071 | ||
| Deferred revenue | 10,673,913 | 11,511,584 | ||
| Lease liability, operating lease | 3,320,703 | 3,555,150 | ||
| Lease liability, finance lease | 156,420 | 190,239 | ||
| Settlement liability | 26,022,450 | 53,231,010 | ||
| Warrant liability | 0 | 0 | ||
| Derivative liability | 0 | 0 | ||
| Total current liabilities | 70,217,257 | 94,858,118 | ||
| Deferred revenue, net of current portion | 3,031,812 | 2,926,255 | ||
| Lease liability, operating lease, net of current portion | 1,710,473 | 2,494,520 | ||
| Lease liability finance lease, net of current portion | 19,614 | 33,933 | ||
| Share repurchase liability | 6,407,990 | 5,301,080 | ||
| Other long-term liabilities | 937,500 | 1,000,000 | ||
| Settlement liability, net of current portion | 45,045,400 | 46,330,986 | ||
| Total liabilities | 127,370,046 | 152,944,892 | ||
| Class a common stock, 0.001 par value 50,000,000 shares authorized 39,239,297 shares issued and outstanding class b common stock, 0.001 par value 940,000,000 shares authorized 89,884,489 shares issued and outstanding at september30, 2025. class a common stock, 0.001 par value 20,000 class a shares authorized 68,127,538 class a shares issued and outstanding at december 31, 2024 60,000 class b shares authorized 0 class b shares issued and outstanding at december 31, 2024 | 129,124 | 129,008 | ||
| Treasury stock, 0 and 27,061,584 shares at cost, respectively | 0 | 0 | ||
| Additional paid-in capital | 429,920,419 | 426,631,367 | ||
| Accumulated other comprehensive income (loss) | 810,725 | 876,320 | ||
| Accumulated deficit | -324,899,206 | -320,783,799 | ||
| Total stockholders equity (deficit) | 105,961,062 | 106,852,896 | ||
| Total liabilities, convertible and redeemable preferred stock and stockholders equity (deficit) | 233,331,108 | 259,797,788 | ||
Newsmax Inc. (NMAX)
Newsmax Inc. (NMAX)