The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Segment adjusted ebitda | -6,496,400 |
| Depreciation | 2,789,875 |
| Interest, net | 7,015,564 |
| Unrealized (loss) gain on marketable securities | 1,594,221 |
| Stock-based compensation | 11,955,881 |
| Other corporate matters | 78,612,413 |
| Other, net | -8,250,335 |
| Income tax expense | 0 |
| Net loss | -99,495,119 |
| Depreciation and amortization | 6,327,229 |
| Stock-based compensation | 11,955,882 |
| Change in fair value of warrant liability | 1,824,179 |
| Change in fair value of derivative liability | 6,104,230 |
| (recovery of) provision for credit losses | -186,031 |
| Unrealized (gain) loss on marketable securities | 1,594,221 |
| Lease expense | 3,615,173 |
| Commitment fee - standby equity purchase agreement | 500,000 |
| Accounts receivable | 4,971,013 |
| Inventory | 234,471 |
| Prepaid expenses and other current assets | 1,703,859 |
| Funding of settlement escrow | 40,000,000 |
| Other assets | 1,550,501 |
| Security deposits | -27,563 |
| Accounts payable | 1,921,304 |
| Accrued expenses | 1,722,991 |
| Lease liabilities | -3,965,506 |
| Settlement liability | 15,062,144 |
| Other long-term liabilities | 925,000 |
| Deferred revenue | -739,853 |
| Net cash used in operating activities | -104,454,878 |
| Purchase of investments | 148,947,833 |
| Proceeds from maturity of investments | 48,700,000 |
| Sale of investments | 49,774,530 |
| Purchase of property and equipment | 2,650,515 |
| Net cash used in investing activities | -53,123,819 |
| Proceeds from issuance of convertible preferred stock, net | 80,742,222 |
| Proceeds from issuance of common stock ipo, net | 67,469,857 |
| Payments of third-party ipo issuance costs | 1,110,404 |
| Proceeds from exercise of stock options | 7,882,962 |
| Proceeds from additional stock issuance | 88,500 |
| Payment of dividend | 915,069 |
| Payment of line of credit | 0 |
| Principal payment under finance lease obligation | 199,237 |
| Net cash provided by financing activities | 153,958,832 |
| Net change in cash | -3,619,865 |
| Cash and cash equivalents beginning | 24,052,887 |
| Cash and cash equivalents ending | 20,433,022 |
Newsmax Inc. (NMAX)
Newsmax Inc. (NMAX)