The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -4,115,406 | -92,408,146 |
| Depreciation and amortization | 1,525,479 | 3,089,126 |
| Stock-based compensation | 3,547,339 | 4,994,794 |
| Change in fair value of warrant liability | 0 | 1,824,179 |
| Change in fair value of derivative liability | 0 | 6,104,230 |
| (recovery of) provision for credit losses | 199,052 | -266,076 |
| Unrealized gain on marketable securities | 957,795 | 1,084,844 |
| Non-cash lease expense | 786,694 | 1,788,532 |
| Non-cash expense related to sepa agreement | 0 | 500,000 |
| Accounts receivable | 1,269,209 | 1,021,463 |
| Inventory | 157,348 | -151,745 |
| Prepaid expenses and other current assets | 1,244,152 | 1,226,532 |
| Funding of settlement escrow | 40,000,000 | - |
| Other asset | 0 | 1,201,125 |
| Security deposits | -49,042 | -11,107 |
| Accounts payable | 137,650 | 314,683 |
| Accrued expenses | 3,558,221 | -2,530,837 |
| Lease liabilities | -904,961 | -1,921,948 |
| Settlement liability | -28,494,146 | 44,984,790 |
| Other long-term liabilities | -62,500 | 1,000,000 |
| Deferred revenue | -732,114 | -2,050,078 |
| Net cash used in operating activities | -68,134,154 | -38,947,863 |
| Purchase of investments | 132,569,436 | - |
| Proceeds from maturity of investments | 250,000 | 28,000,000 |
| Sale of investments | 49,361,533 | 0 |
| Purchase of property and equipment | 1,093,537 | 689,460 |
| Purchase of investments | - | 131,727,862 |
| Net cash used in investing activities | 47,676,422 | -104,417,322 |
| Proceeds from issuance of convertible preferred stock, net | 0 | 80,742,222 |
| Proceeds from issuance of common stock ipo, net | -300,000 | 66,659,453 |
| Proceeds from exercise of stock options | 1,121,908 | 6,707,723 |
| Proceeds from additional stock issuance | 23,500 | 65,000 |
| Payment of dividend | 0 | 915,067 |
| Principal payment under finance lease obligation | 48,137 | 104,995 |
| Net cash provided by financing activities | 797,271 | 153,154,337 |
| Net change in cash | -19,660,461 | 9,789,152 |
| Cash and cash equivalents at beginning of period | 24,052,887 | - |
| Cash and cash equivalents at end of period | 14,181,578 | - |
Newsmax Inc. (NMAX)
Newsmax Inc. (NMAX)