The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Investment in equity securities | 4,000,000 |
| Advance of notes receivable - related party | 8,779,000 |
| Advances to related party | 3,365,000 |
| Net cash flows used in investing activities | -16,144,000 |
| Proceeds from notes payable | 101,650 |
| Repayment of notes payable | 399,126 |
| Cash paid for the settlement of the stock-based compensation liability | 250,000 |
| Repayment of convertible debt - december 2024, net | 227,500 |
| Proceeds from convertible debt - december 2024, net | 105,000 |
| Proceeds from the sale of common stock in ipo | 6,785,000 |
| Offering costs paid and netted with ipo proceeds | 1,250,800 |
| Offering costs paid | 761,422 |
| Offering costs paid and netted with pipe proceeds | 1,321,205 |
| Proceeds from the sale of series b convertible preferred stock and warrants | 15,000,000 |
| Proceeds from the collection of subscription receivable | 713 |
| Proceeds from the exercise of warrants | 1,715,092 |
| Proceeds from convertible debt - yorkville facility | 3,465,000 |
| Proceeds from oid convertible loans, net | 0 |
| Proceeds from the sale of common stock | 0 |
| Net cash flows from financing activities | 22,962,402 |
| Stock-based compensation | 963,534 |
| Amortization of debt discount | 100,781 |
| Change in fair value of stock-based compensation liability - software expense | -39,998 |
| Other expense - stock-based compensation liability | 133,331 |
| Issuance of common stock for services - marketing expenses | 282,682 |
| Issuance of common stock for services - software expenses | 159,091 |
| Issuance of common stock for services - selling, general and administrative | 70,000 |
| Foreign currency (gain) loss | 441 |
| Net unrealized loss on equity securities | -2,900,000 |
| Change in fair value of warrants and convertible debt | 3,908,891 |
| Bad debt expense | 17,408 |
| Impairment of capitalized implementation costs - software expenses | 389,171 |
| Interest expense - original issue discount | 385,000 |
| Prepaid expenses and other current assets | 63,138 |
| Other receivable | -35,480 |
| Interest receivable - related party | 92,838 |
| Other current assets | 25,500 |
| Accounts payable | -608,975 |
| Related party payable | -24,303 |
| Accrued payroll | -206,794 |
| Accrued liabilities | 1,051,423 |
| Increase Decrease In | 146,084 |
| Increase Decrease In Share Payable | -6,266 |
| Other current liabilities | 3,000 |
| Net loss | -15,890,509 |
| Accrued Interest | 0 |
| Share Payable Operating Activities | 0 |
| Loan extension fees | 0 |
| Deferred offering costs | 0 |
| Interest payment in shares | 0 |
| Other assets | 0 |
| Net cash flows used in operating activities | -6,625,058 |
| Net change in cash | 193,344 |
| Cash and cash equivalents at the beginning of the year | 29,228 |
| Cash and cash equivalents at the end of the year | 222,572 |
Brag House Holdings, Inc. (TBH)
Brag House Holdings, Inc. (TBH)