For the year ending 2025-12-31, SNAL has $59,307,138 in assets. $81,186,191 in debts. $8,568,164 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 8,568,164 | |||
| Restricted cash and cash equivalents | 187,000 | |||
| Accounts receivable-Nonrelated Party | 12,528,347 | |||
| Loan and interest receivable related party-Related Party | 107,759 | |||
| Prepaid expenses related party | 2,700,474 | |||
| Prepaid expenses and other current assets | 2,232,485 | |||
| Prepaid taxes | 4,734,007 | |||
| Total current assets | 31,058,236 | |||
| Restricted cash and cash equivalents, net of current portion | 1,748,000 | |||
| Prepaid expenses related party, net of current portion | 8,282,974 | |||
| Property and equipment | 9,080,067 | |||
| Accumulated depreciation | 4,933,892 | |||
| Property and equipment, net | 4,146,175 | |||
| Intangible assets, net-Nonrelated Party | 3,827,927 | |||
| Intangible assets, net-Related Party | 4,916,667 | |||
| Other noncurrent assets, net | 604,793 | |||
| Operating lease right-of-use assets, net | 4,722,366 | |||
| Total assets | 59,307,138 | |||
| Accounts payable-Nonrelated Party | 5,506,332 | |||
| Accounts payable-Related Party | 20,067,013 | |||
| Accrued expenses and other liabilities | 3,364,150 | |||
| Interest payable related parties | 527,770 | |||
| Convertible notes at fair value | 3,842,189 | |||
| Current portion of long-term debt | 1,305,880 | |||
| Current portion of deferred revenue | 14,799,840 | |||
| Current portion of operating lease liabilities | 393,448 | |||
| Total current liabilities | 49,806,622 | |||
| Accrued expenses | 468,106 | |||
| Revolving loan | 5,000,000 | |||
| Long-term debt, net of current portion | 4,292,538 | |||
| Deferred revenue, net of current portion | 17,282,685 | |||
| Operating lease liabilities, net of current portion | 4,336,240 | |||
| Total liabilities | 81,186,191 | |||
| Common stock, value-Common Class A | 1,038 | |||
| Common stock, value-Common Class B | 2,875 | |||
| Additional paid-in capital | 26,923,115 | |||
| Accumulated other comprehensive loss | -275,049 | |||
| Accumulated deficit | -39,352,510 | |||
| Treasury stock at cost (1,350,275 shares as of december 31, 2025 and 2024) | 3,671,806 | |||
| Total snail, inc. equity (deficit) | -16,372,337 | |||
| Noncontrolling interests | -5,506,716 | |||
| Total stockholders equity (deficit) | -21,879,053 | |||
| Total liabilities, noncontrolling interests and stockholders equity (deficit) | 59,307,138 | |||
Snail, Inc. (SNAL)
Snail, Inc. (SNAL)