For the year ending 2025-12-31, NMAX has $239,843,078 in assets. $133,794,526 in debts. $20,433,021 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 20,433,021 | |||
| Funds held in escrow | 20,000,000 | |||
| Equity securities | 20,201,411 | |||
| Debt securities | 90,315,133 | |||
| Crypto assets | 379,149 | |||
| Investments | 110,895,693 | |||
| Accounts receivable, net | 33,414,435 | |||
| Inventories, net | 2,027,168 | |||
| Prepaid expenses and other current assets | 8,690,490 | |||
| Total current assets | 195,460,807 | |||
| Property and equipment, net | 6,264,885 | |||
| Right-of-use assets - operating leases | 8,823,716 | |||
| Other assets | 8,711,807 | |||
| Security deposits | 581,863 | |||
| Funds held in escrow | 20,000,000 | |||
| Total assets | 239,843,078 | |||
| Accounts payable | 16,770,777 | |||
| Accrued expenses | 11,837,167 | |||
| Accrued payroll | 2,826,595 | |||
| Accrued distribution | 231,187 | |||
| Deferred revenue | 12,599,119 | |||
| Operating lease liability | 3,938,001 | |||
| Finance lease liability | 124,970 | |||
| Settlement liability | 26,487,028 | |||
| Share repurchase liability | 6,461,320 | |||
| Warrant liability | 0 | |||
| Derivative liability | 0 | |||
| Total current liabilities | 81,276,164 | |||
| Deferred revenue - non-current | 3,148,945 | |||
| Operating lease liability - non-current | 5,287,134 | |||
| Finance lease liability - non-current | 4,961 | |||
| Other long-term liabilities | 925,000 | |||
| Settlement liability - non-current | 43,152,322 | |||
| Total liabilities | 133,794,526 | |||
| 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 89,889,822 shares issued and outstanding at december31, 2025. class a common stock, 0.001 par value 50,000,000 class a shares authorized 68,127,538 class a shares issued with 41,065,954 outstanding at december 31, 2024 940,000,000 class b shares authorized 0 class b shares issued and outstanding at december 31, 2024 | 129,129 | |||
| Treasury stock, 0 and 27,061,584 shares at cost, respectively | 0 | |||
| Additional paid-in capital | 433,325,830 | |||
| Accumulated other comprehensive income (loss) | 464,365 | |||
| Accumulated deficit | -327,870,772 | |||
| Total stockholders equity (deficit) | 106,048,552 | |||
| Total liabilities, convertible and redeemable preferred stock and stockholders equity (deficit) | 239,843,078 | |||
Newsmax Inc. (NMAX)
Newsmax Inc. (NMAX)