Below are the financial statements of Trump Media & Technology Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in thousands of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 170,236.1a | 2,572.7a |
Short-term investments | 606,547.3a | 0a |
Prepaid expenses and other current assets | 7,457.3a | 327.5a |
Accounts receivable, net | 17.4a | 81a |
Total current assets | 784,258.1a | 2,981.2a |
Assets | — | — |
Property and equipment, net | 4,366a | 29.2a |
Goodwill | 120,884.2a | 0a |
Intangible assets, net | 25,363.1a | 0a |
Right-of-use assets, net | 3,416.1a | 353.2a |
Total assets | 938,287.5a | 3,363.6a |
Current liabilities | — | — |
Accounts payable and accrued expenses | 10,167.5a | 1,600.7a |
Convertible promissory notes | 0a | 41,818.8a |
Related party payables | 262a | 0a |
Derivative liability | 0a | 17,282.5a |
Unearned revenue | 1,010.7a | 4,413.1a |
Current portion of long-term debt | 4,780.5a | 0a |
Current portion of operating lease liability | 1,080.8a | 160.3a |
Total current liabilities | 17,301.5a | 65,275.4a |
Liabilities and stockholders’ equity | — | — |
Long-term operating lease liability | 2,559.7a | 201.6a |
Long-term debt - other | 4,836.2a | 0a |
Convertible promissory notes | 0a | 3,528.2a |
Derivative liability | 0a | 1,120.3a |
Total liabilities | 24,697.4a | 70,125.5a |
Stockholders’ equity/(deficit) | — | — |
Preferred stock $0.0001 par value - 1,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2024 and December 31, 2023 | 0a | 0a |
Common stock $0.0001 par value - 999,000,000 shares authorized, 220,657,016 and 87,500,000 shares issued and outstanding at December 31, 2024 and December 31, 2023 | 22.1a | 8.8a |
Paid in capital | 3,861,662.4a | 0a |
Treasury stock | -2,908.7a | 0a |
Accumulated deficit | -2,945,185.7a | -66,770.7a |
Total stockholders’ equity/(deficit) | 913,590.1a | -66,761.9a |
Total liabilities and stockholders’ equity/(deficit) | 938,287.5a | 3,363.6a |
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