Abacus Global Management, Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
ABX$9.13+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statements of Mezzanine Equity and Stockholders’ Equity
ABACUS GLOBAL MANAGEMENT, INC.
UNAUDITED CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY
| Series A Convertible Preferred Stock · Class A Common Stock · Treasury Stock · AdditionalPaid-InCapital · Accumulated Deficit · Accumulated Other Comprehensive Income · Non-ControllingInterests · TotalStockholders’Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount | |||||||||||
| BALANCE AS OF DECEMBER 31, 2024 | — | $— | 96,731,194 | $10,133 | (1,048,226) | $(12,025,137) | $494,064,113 | $(57,896,606) | $— | $(857,831) | $423,294,672 |
| Issuance of series A convertible preferred stock | 5,000 | 5,000,000 | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 36,000 | (456) | — | — | 2,355,852 | — | — | — | 2,355,396 |
| Warrant Conversions | — | — | 1,134,071 | 113 | — | — | (113) | — | — | — | — |
| Common stock issuance transaction costs | — | — | — | — | — | — | (470,065) | (3) | — | — | (470,068) |
| Net income | — | — | — | — | — | — | — | 4,639,583 | — | 759,443 | 5,399,026 |
| BALANCE AS OF MARCH 31, 2025 | 5,000 | $5,000,000 | 97,901,265 | $9,790 | (1,048,226) | $(12,025,137) | $495,949,787 | $(53,257,026) | $— | $(98,388) | $430,579,026 |
| Repurchase of common stock | — | — | — | — | (5,081,477) | (35,051,781) | — | — | — | — | (35,051,781) |
| Stock-based compensation | — | — | 53,206 | 5 | — | — | 3,486,823 | — | — | — | 3,486,828 |
| Dividends declared on the Series A Convertible Preferred Stock | — | — | — | — | — | — | — | (93,750) | — | — | (93,750) |
| Other | — | — | — | — | — | — | 1,933 | 7 | — | — | 1,940 |
| Net income | — | — | — | — | — | — | — | 17,583,689 | — | 27,240 | 17,610,929 |
| BALANCE AS OF JUNE 30, 2025 | 5,000 | $5,000,000 | 97,954,471 | $9,795 | (6,129,703) | $(47,076,918) | $499,438,543 | $(35,767,080) | $— | $(71,148) | $416,533,192 |
| Transfer of non-controlling interest | — | — | — | — | — | — | — | (71,148) | — | 71,148 | — |
| Common stock issuance transaction costs | — | — | — | — | — | — | (2,916,136) | 3 | — | — | (2,916,133) |
| Repurchase of common stock | — | — | — | — | (596,379) | (3,192,124) | — | — | — | — | (3,192,124) |
| Stock-based compensation | — | — | 1,535,391 | 154 | — | — | 4,527,204 | — | — | — | 4,527,358 |
| Warrant conversions | — | — | 4,687,332 | 469 | — | — | 11,048,724 | — | — | — | 11,049,193 |
| Business acquisition | — | — | 253,688 | 25 | — | — | 1,610,893 | — | — | — | 1,610,918 |
| Dividends declared on the Series A Convertible Preferred Stock | — | — | — | — | — | — | — | (93,750) | — | — | (93,750) |
| Other | — | — | — | — | — | — | — | (9) | — | — | (9) |
| Net income | — | — | — | — | — | — | — | 7,075,348 | — | — | 7,075,348 |
| BALANCE AS OF SEPTEMBER 30, 2025 | 5,000 | $5,000,000 | 104,430,882 | $10,443 | (6,726,082) | $(50,269,042) | $513,709,228 | $(28,856,636) | $— | $— | $434,593,993 |
ABACUS GLOBAL MANAGEMENT, INC.
UNAUDITED CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (CONT.)
| Series A Convertible Preferred Stock · Class A Common Stock · Treasury Stock · AdditionalPaid-InCapital · Accumulated Deficit · AccumulatedOther ComprehensiveIncome · Non-ControllingInterests · TotalStockholders’Equity | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount | |||||||||||||||
| BALANCE AS OF DECEMBER 31, 2023 | — | $— | 63,388,823 | $6,339 | (146,650) | $(1,283,062) | $199,826,278 | $(34,726,135) | $108,373 | $138,283 | $164,070,076 | ||||
| Deferred transaction costs | — | — | — | — | — | — | (483,451) | — | — | — | (483,451) | ||||
| Repurchase of common stock | — | — | — | — | (632,116) | (7,524,392) | — | — | — | — | (7,524,392) | ||||
| Stock-based compensation | — | — | — | — | — | — | 6,093,371 | — | — | — | 6,093,371 | ||||
| Warrant Conversions | — | — | 387,235 | 39 | — | — | 4,453,164 | — | — | — | 4,453,203 | ||||
| Other comprehensive income (loss) | — | — | — | — | — | — | — | — | 11,950 | (4,514) | 7,436 | ||||
| Net (loss) income | — | — | — | — | — | — | — | (1,348,745) | — | 73,274 | (1,275,471) | ||||
| BALANCE AS OF MARCH 31, 2024 | — | $— | 63,776,058 | $6,378 | (778,766) | $(8,807,454) | $209,889,362 | $(36,074,880) | $120,323 | $207,043 | $165,340,772 | ||||
| Deferred transaction costs | — | — | — | — | — | — | — | 790,579 | — | — | 790,579 | ||||
| Common stock issuance | — | — | 11,500,000 | 1,150 | — | — | 91,998,850 | — | — | — | 92,000,000 | ||||
| Common stock issuance transaction costs | — | — | — | — | — | — | (7,213,627) | — | — | — | (7,213,627) | ||||
| Repurchase of common stock | — | — | — | — | (269,460) | (3,217,683) | — | — | — | (3,217,683) | |||||
| Stock-based compensation | — | — | — | — | — | — | 6,165,459 | — | — | — | 6,165,459 | ||||
| Warrant Conversions | — | — | 208,509 | 20 | — | — | 2,397,834 | — | — | — | 2,397,854 | ||||
| Other comprehensive loss | — | — | — | — | — | — | — | — | (55,999) | (9,616) | (65,615) | ||||
| Net income (loss) | — | — | — | — | — | — | — | 769,983 | — | (118,234) | 651,749 | ||||
| BALANCE AS OF JUNE 30, 2024 | — | $— | 75,484,567 | $7,548 | (1,048,226) | $(12,025,137) | $303,237,878 | $(34,514,318) | $64,324 | $79,193 | $256,849,488 | ||||
| Stock-based compensation | — | — | 271,772 | — | — | — | 6,416,378 | — | — | — | 6,416,378 | ||||
| Warrant Conversions | — | — | 100 | 28 | — | — | 1,122 | — | — | — | 1,150 | ||||
| Other comprehensive loss | — | — | — | — | — | — | — | — | (42,682) | (10,974) | (53,656) | ||||
| Reclassification of change in fair value of debt (risk adjusted) upon related debt payoff | — | — | — | — | — | — | — | — | 11,079 | — | 11,079 | ||||
| Net loss | — | — | — | — | — | — | — | (5,125,055) | — | (159,756) | (5,284,811) | ||||
| BALANCE AS OF SEPTEMBER 30, 2024 | — | $— | 75,756,439 | $7,576 | (1,048,226) | $(12,025,137) | $309,655,378 | $(39,639,373) | $32,721 | $(91,537) | $257,939,628 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.