MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

TruGolf Holdings, Inc. (TRUG)

TruGolf Holdings, Inc. (TRUG)

|||

Balance Sheets Overview

Current Ratio
83.86%
Quick Ratio
74.29%
Cash Ratio
43.86%
Debt to Asset Ratio
88.55%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Restricted cash
    • Inventory, net
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Deferred revenue
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
6,374,349
8,836,670
10,469,263
11,435,121
Restricted cash
2,100,000
2,100,000
2,100,000
2,100,000
Accounts receivable, net
1,265,013
1,314,837
1,060,709
2,246,756
Inventory, net
1,391,316
1,360,668
863,257
2,675,839
Prepaid expenses
1,057,780
766,947
985,076
701,123
Total current assets
12,188,458
14,379,122
15,478,305
19,158,839
Property and equipment, gross
-
-
1,307,113
1,199,674
Less accumulated depreciation
-
-
951,614
953,325
Property and equipment, net
483,963
411,054
355,499
246,349
Capitalized software development costs, net
4,877,603
4,230,512
3,633,661
3,183,751
Right-of-use assets
417,947
551,116
682,648
364,253
Other long-term assets
31,023
31,023
31,023
31,023
Total assets
17,998,994
19,602,827
20,181,136
22,984,215
Accounts payable
3,249,204
3,186,999
2,767,385
2,813,124
Deferred revenue
5,180,889
6,610,869
5,560,725
6,186,620
Notes payable, current portion-Nonrelated Party
291,507
294,138
9,733
10,573
Notes payable, current portion-Related Party
2,100,000
2,250,000
2,537,000
2,668,500
Line of credit, bank
802,738
802,738
802,738
802,738
Dividend notes payable
118,362
118,362
118,362
118,362
Accrued interest
594,590
594,461
594,590
600,233
Accrued and other current liabilities
1,903,430
1,405,705
1,463,742
1,594,330
Accrued and other current liabilities - assumed in merger
-
-
45,008
45,008
Lease liability, current portion
293,132
398,302
502,526
159,834
Total current liabilities
14,533,852
15,661,574
14,401,809
14,999,322
Note payables, net of current portion-Nonrelated Party
-
-
-
1,716
Note payables
-
-
287,000
505,500
Note payables, net of current portion
268,500
268,500
-
-
Gross sales royalty payable
1,000,000
1,000,000
1,000,000
1,000,000
Lease liability, net of current portion
136,361
164,664
191,944
220,551
Total liabilities
15,938,713
17,094,738
15,880,753
16,727,089
Preferred stock value-Series AConvertible Preferred Stock
-
-
1
1
Common stock, value-Common Class A
156
-
41
-
Common stock, value-Common Class B
2
-
2
-
Common stock value-Series ACommon Stock
-
63
-
189
Common stock value-Series BCommon Stock
-
2
2
20
Treasury stock at cost, 9 shares of common stock held, respectively
2,382,000
2,382,000
2,037,000
2,037,000
Additional paid-in capital
52,687,711
49,376,386
47,413,839
45,111,416
Accumulated deficit
-48,245,588
-44,486,362
-41,076,500
-36,817,500
Total stockholders equity
2,060,281
2,508,089
4,300,383
6,257,126
Total liabilities and stockholders equity
17,998,994
19,602,827
20,181,136
22,984,215
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$6,374,349 (-20.91%↓ Y/Y)Restricted cash$2,100,000 (0.00%↑ Y/Y)Inventory, net$1,391,316 (-48.44%↓ Y/Y)Accounts receivable, net$1,265,013 (-42.13%↓ Y/Y)Prepaid expenses$1,057,780 (264.26%↑ Y/Y)Total current assets$12,188,458 (-41.92%↓ Y/Y)Capitalized softwaredevelopment costs, net$4,877,603 (82.35%↑ Y/Y)Property and equipment,net$483,963 (129.95%↑ Y/Y)Right-of-use assets$417,947 (-8.33%↓ Y/Y)Other long-termassets$31,023 (0.00%↑ Y/Y)Total assets$17,998,994 (-26.10%↓ Y/Y)Total liabilities andstockholders equity$17,998,994 (-26.10%↓ Y/Y)Total liabilities$15,938,713 (-20.48%↓ Y/Y)Total stockholdersequity$2,060,281 (-52.24%↓ Y/Y)Accumulated deficit-$48,245,588 (-77.72%↓ Y/Y)Treasury stock at cost, 9shares of common stock...$2,382,000 (16.94%↑ Y/Y)Total currentliabilities$14,533,852 (-19.99%↓ Y/Y)Gross sales royaltypayable$1,000,000 (0.00%↑ Y/Y)Note payables, net ofcurrent portion$268,500 Lease liability, netof current portion$136,361 (-45.46%↓ Y/Y)Additional paid-in capital$52,687,711 (57.29%↑ Y/Y)Common stock,value-Common Class A$156 Common stock,value-Common Class B$2 Deferred revenue$5,180,889 (3.43%↑ Y/Y)Accounts payable$3,249,204 (1.23%↑ Y/Y)Notes payable,current...$2,100,000 (-21.30%↓ Y/Y)Accrued and othercurrent liabilities$1,903,430 (7.36%↑ Y/Y)Line of credit, bank$802,738 (0.00%↑ Y/Y)Accrued interest$594,590 (5.25%↑ Y/Y)Lease liability,current portion$293,132 (28.27%↑ Y/Y)Notes payable,current...$291,507 (2657.09%↑ Y/Y)Dividend notes payable$118,362 (0.00%↑ Y/Y)