Newsmax Inc. (NMAX)
2025-06-30 | 2025-03-31 | |||
---|---|---|---|---|
Total revenues | 46,439,744 | 45,301,707 | ||
Cost of services and products sold-Service | 27,758,685 | - | ||
Cost of services and products sold-Product | 1,039,298 | - | ||
Cost of sales | - | 23,634,628 | ||
Gross profit | 17,641,761 | 21,667,079 | ||
Professional fees | 4,766,085 | 2,624,464 | ||
Other corporate matters | 68,437,098 | - | ||
Other | 4,012,806 | 4,124,313 | ||
Personnel costs | 8,614,761 | 10,218,359 | ||
Depreciation | 734,590 | 736,875 | ||
Advertising costs | 5,941,417 | 4,418,454 | ||
Rent and utilities | 1,540,453 | 1,449,791 | ||
Total general and administrative expenses | 94,047,210 | - | ||
Other corporate matters | - | 9,667,603 | ||
Total general and administrative expenses | - | 33,239,859 | ||
Loss from operations | -76,405,449 | -11,572,780 | ||
Other, net | -54,342 | -8,288,556 | ||
Interest and dividend income | 1,802,054 | 1,054,286 | ||
Interest expense | 7,456 | 6,055 | ||
Unrealized (loss) gain on marketable securities | -500,736 | 1,585,580 | ||
Total other income (expense), net | 1,239,520 | -5,654,745 | ||
Net loss before income taxes | -75,165,929 | -17,227,525 | ||
Income tax expense | 9,693 | 5,000 | ||
Net loss | -75,175,622 | -17,232,525 | ||
Unrealized gain on available for sale debt investments, net of income tax | 446,778 | 482,391 | ||
Comprehensive loss | -74,728,844 | -16,750,134 | ||
Net loss per share attributable to common stockholder, basic (in usd per share) | -0.59 | -0.49 | ||
Net loss per share attributable to common stockholder, diluted (in usd per share) | -0.59 | -0.49 | ||
Weighted average common stock outstanding, basic (in shares) | 128,333,356 | 44,895,546 | ||
Weighted average common stock outstanding, diluted (in shares) | 128,333,356 | 44,895,546 |