The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Bad debt expense | - | 7,319 | 0 | 74,818 |
| Loss on extinguishment of debt | - | 0 | -6,135,160 | - |
| Amortization of convertible notes discount | 0 | 0 | 0 | 359,037 |
| Stock issued for make good provisions on debt conversion | 0 | -4,339,414 | 0 | 2,169,707 |
| Change in fair value of derivative liability | - | 0 | - | - |
| Change in oci | - | 0 | 0 | 0 |
| Stock issued for interest | - | - | 0 | - |
| Other liabilities | - | -50,000 | 0 | 0 |
| Stock options issued to employees | 0 | 1,114 | 3,343 | 6,682 |
| Stock issued for services | - | 0 | - | - |
| Other current assets | 0 | 0 | 0 | -45,737 |
| Other assets | - | 0 | - | - |
| Accrued interest payable | 0 | -5,643 | 35,286 | -96,429 |
| Net loss | -1,447,294 | -1,957,857 | -7,278,244 | -5,991,792 |
| Depreciation and amortization | 491,896 | 384,273 | 334,064 | 413,409 |
| Amortization of right-of-use asset | 131,532 | 102,939 | 91,672 | 178,344 |
| Accounts receivable, net | 254,128 | -1,178,728 | 60,864 | 861,552 |
| Inventory, net | 497,411 | -1,812,582 | -22,471 | 348,965 |
| Prepaid expenses | -218,129 | 283,953 | 410,734 | 173,770 |
| Accounts payable | 419,485 | -45,739 | -396,708 | 390,129 |
| Deferred revenue | 1,050,144 | -625,895 | 1,177,392 | 1,896,218 |
| Accrued and other current liabilities | -103,045 | -130,588 | -178,550 | 773,570 |
| Lease liability | -131,504 | -107,250 | -98,153 | -189,689 |
| Net cash used in operating activities | -122,196 | 280,030 | -623,865 | -1,354,546 |
| Reduction in long term assets | - | - | 0 | 0 |
| Sale of short-term investments | - | 0 | - | - |
| Purchases of property and equipment | 78,238 | 107,439 | 52,038 | 45,966 |
| Capitalized software, net | 1,066,064 | 835,894 | 826,818 | 1,568,778 |
| Net cash used in investing activities | -1,144,302 | -943,333 | -878,856 | -1,614,744 |
| Proceeds from notes payable - related party | - | 0 | 0 | - |
| Proceeds from investment fund (pipe) | - | 0 | - | - |
| Cash acquired in merger | - | 0 | 0 | 0 |
| Debt refinance conversion | - | 0 | - | - |
| Costs of merger paid from pipe loan | - | 0 | 0 | 0 |
| Repayments of line of credit | - | 0 | 0 | 0 |
| Repayments of liabilities assumed in merger | - | 0 | 0 | 0 |
| Repayment of notes payable assumed in merger | - | - | 0 | - |
| Proceeds from pipe loans, net of discount | 0 | 0 | 0 | 2,520,000 |
| Proceeds from exercise of series a preferred warrants | - | 0 | 4,999,500 | - |
| Repayments of notes payable | 2,595 | 2,555 | 2,517 | 4,928 |
| Repayments of notes payable - related party | 18,500 | 300,000 | 118,500 | 268,500 |
| Repurchase of treasury stock | 345,000 | - | - | - |
| Net cash provided by (used in) financing activities | -366,095 | -302,555 | 4,878,483 | 2,246,572 |
| Net change in cash, cash equivalents and restricted cash | -1,632,593 | -965,858 | - | - |
| Net change in cash, cash equivalents and restricted cash | -1,632,593 | -965,858 | 3,375,762 | -722,718 |
| Cash, cash equivalents and restricted cash - beginning of period | 12,569,263 | 13,535,121 | 10,882,077 | - |
| Cash, cash equivalents and restricted cash - end of period | 10,936,670 | 12,569,263 | 13,535,121 | - |
TruGolf Holdings, Inc. (TRUG)
TruGolf Holdings, Inc. (TRUG)