For the quarter ending 2026-03-31, SRFM has $120,827K in assets. $177,422K in debts. $4,163K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 4,163 | 12,672 | 7,062 | 22,571 |
| Accounts receivable, net | 3,705 | 3,929 | 5,035 | 5,308 |
| Prepaid expenses and other current assets | 13,190 | 14,320 | 9,915 | 10,836 |
| Total current assets | 21,058 | 30,921 | 22,012 | 38,715 |
| Restricted cash | 10,156 | 10,091 | 55 | 4,978 |
| Property and equipment, gross | 62,139 | 55,949 | 53,431 | - |
| Accumulated depreciation | 14,746 | 10,354 | 9,901 | - |
| Property and equipment, net | 47,393 | 45,595 | 43,530 | 42,003 |
| Intangible assets, gross | 37,457 | 37,457 | 37,457 | - |
| Accumulated amortization | 18,127 | 17,390 | 16,652 | - |
| Intangible assets, net | 19,330 | 20,067 | 20,805 | 21,543 |
| Operating lease right-of-use assets | 11,358 | 12,510 | 13,721 | 14,983 |
| Finance lease right-of-use assets | 735 | 809 | 883 | 957 |
| Other assets | 10,797 | 11,688 | 5,780 | 5,804 |
| Total assets | 120,827 | 131,681 | 106,786 | 128,983 |
| Accounts payable | 21,143 | 18,437 | 16,403 | 19,466 |
| Accrued expenses and other current liabilities | 41,290 | 47,702 | 47,544 | 49,590 |
| Deferred revenue | 18,590 | 17,924 | 15,969 | 17,853 |
| Current maturities of long-term debt | 2,741 | 2,712 | 2,660 | 2,610 |
| Operating lease liabilities, current | 3,636 | 3,636 | 3,704 | 3,809 |
| Finance lease liabilities, current | 282 | 277 | 269 | 263 |
| Safe notes at fair value, current | 3 | 5 | 10 | 9 |
| Convertible notes at fair value, current | 44,867 | 42,274 | - | - |
| Due to related parties, current | 374 | 643 | 1,566 | 3,476 |
| Total current liabilities | 132,926 | 133,610 | 88,125 | 97,076 |
| Long-term debt, net of current maturities | 13,760 | 14,389 | 61,140 | 60,695 |
| Convertible notes at fair value, long term | 14,029 | 25,183 | 6,642 | 5,879 |
| Operating lease liabilities, long term | 7,801 | 8,714 | 9,608 | 10,524 |
| Finance lease liabilities, long term | 599 | 670 | 742 | 813 |
| Due to related parties, long term | 100 | 100 | 15,000 | 50,046 |
| Other long-term liabilities | 8,207 | 3,872 | 18,086 | 19,433 |
| Total liabilities | 177,422 | 186,538 | 199,343 | 244,466 |
| Common stock, 0.0001 par value 3,510,638 and 0 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively (note 12) | 6,600 | - | - | - |
| Common stock, 0.0001 par value 800,000,000 shares authorized as of both march 31, 2026 and december 31, 2025 78,399,455 shares issued and outstanding as of march 31, 2026 and 73,082,025 shares issued and outstanding as of december 31, 2025 | 8 | 7 | 5 | 4 |
| Additional paid-in capital | 745,058 | 733,135 | 658,558 | 608,420 |
| Accumulated deficit | -808,261 | -787,999 | -751,120 | -723,907 |
| Total shareholders' deficit | -63,195 | -54,857 | -92,557 | -115,483 |
| Total liabilities and shareholders' deficit | 120,827 | 131,681 | 106,786 | 128,983 |