For the quarter ending 2026-03-31, SNAL has $56,841,764 in assets. $76,562,894 in debts. $14,259,168 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 14,259,168 | 8,568,164 | 12,284,675 | 7,905,426 |
| Accounts receivable-Related Party | - | - | - | 0 |
| Restricted cash and cash equivalents | 187,000 | 187,000 | - | - |
| Accounts receivable, net of allowances for credit losses of 523,500 as of march 31, 2026 and december 31, 2025-Nonrelated Party | 9,206,357 | 12,528,347 | 7,498,570 | 17,675,727 |
| Loan and interest receivable related party-Related Party | 108,252 | 107,759 | 107,255 | 106,751 |
| Prepaid expenses related party | 2,647,267 | 2,700,474 | 9,009,917 | 5,658,551 |
| Prepaid expenses and other current assets | 1,485,655 | 2,232,485 | 1,331,103 | 1,308,225 |
| Prepaid taxes | 904,099 | 4,734,007 | 4,424,557 | 6,156,775 |
| Total current assets | 28,797,798 | 31,058,236 | 34,656,077 | 38,811,455 |
| Restricted cash and cash equivalents, net of current portion | 1,748,000 | 1,748,000 | 935,000 | 935,000 |
| Intangible assets, net | - | - | 4,383,534 | 3,514,699 |
| Deferred income taxes | - | - | 3,471 | 2,486 |
| Accounts receivable related party, net of current portion-Related Party | - | - | - | 0 |
| Prepaid expenses related party, net of current portion | 8,229,767 | 8,282,974 | 5,582,500 | 7,970,000 |
| Property and equipment | 9,080,067 | 9,080,067 | 9,073,378 | - |
| Accumulated depreciation | 4,946,626 | 4,933,892 | 4,889,496 | - |
| Property and equipment, net | 4,133,441 | 4,146,175 | 4,183,882 | 4,242,686 |
| Intangible assets, net-Nonrelated Party | 3,848,124 | 3,827,927 | - | - |
| Intangible assets, net-Related Party | 4,666,667 | 4,916,667 | - | - |
| Other noncurrent assets, net | 836,060 | 604,793 | 911,131 | 1,804,181 |
| Operating lease right-of-use assets, net | 4,581,907 | 4,722,366 | 407,550 | 676,918 |
| Total assets | 56,841,764 | 59,307,138 | 51,063,145 | 57,957,425 |
| Accounts payable-Nonrelated Party | 3,907,540 | 5,506,332 | 4,850,866 | 4,480,133 |
| Current portion of long-term promissory note | - | - | 5,886,472 | 6,179,531 |
| Accounts payable-Related Party | 21,648,949 | 20,067,013 | 14,767,849 | 16,134,033 |
| Revolving loan | - | - | 3,000,000 | 3,000,000 |
| Accrued expenses and other liabilities | 3,267,643 | 3,364,150 | 4,485,600 | 5,168,792 |
| Interest payable related parties | 527,770 | 527,770 | 527,770 | 527,770 |
| Convertible notes at fair value | 2,382,255 | 3,842,189 | 1,598,589 | 2,415,050 |
| Current portion of long-term debt | 1,329,123 | 1,305,880 | - | - |
| Current portion of deferred revenue | 14,533,507 | 14,799,840 | 30,211,054 | 16,601,595 |
| Current portion of operating lease liabilities | 441,316 | 393,448 | 279,862 | 653,936 |
| Total current liabilities | 48,038,103 | 49,806,622 | 65,608,062 | 55,160,840 |
| Accrued expenses | 625,354 | 468,106 | - | - |
| Revolving loan | 2,500,000 | 5,000,000 | - | - |
| Accrued expenses | - | - | 265,251 | 265,251 |
| Long-term debt, net of current portion | 3,974,176 | 4,292,538 | - | - |
| Deferred revenue, net of current portion | 17,190,514 | 17,282,685 | 6,158,047 | 15,940,898 |
| Operating lease liabilities, net of current portion | 4,234,747 | 4,336,240 | 107,631 | 82,100 |
| Total liabilities | 76,562,894 | 81,186,191 | 72,138,991 | 71,449,089 |
| Common stock, value-Common Class A | 1,041 | 1,038 | 1,022 | 1,001 |
| Common stock, value-Common Class B | 2,875 | 2,875 | 2,875 | 2,875 |
| Additional paid-in capital | 26,967,992 | 26,923,115 | 26,777,076 | 26,501,044 |
| Treasury stock at cost (1,350,275 shares as of september 30, 2025 and december 31, 2024) | - | - | 3,671,806 | 3,671,806 |
| Accumulated other comprehensive loss | -296,562 | -275,049 | -188,156 | -193,615 |
| Accumulated deficit | -37,217,804 | -39,352,510 | -38,490,357 | -30,625,816 |
| Treasury stock at cost (1,350,275 shares as of march 31, 2026 and december 31, 2025) | 3,671,806 | 3,671,806 | - | - |
| Total snail, inc. deficit | -14,214,264 | -16,372,337 | -15,569,346 | -7,986,317 |
| Noncontrolling interests | -5,506,866 | -5,506,716 | -5,506,500 | -5,505,347 |
| Total stockholders deficit | -19,721,130 | -21,879,053 | -21,075,846 | -13,491,664 |
| Total liabilities, noncontrolling interests and stockholders deficit | 56,841,764 | 59,307,138 | 51,063,145 | 57,957,425 |