Abacus Global Management, Inc.

For the period ended Mar 31, 2026. Filed May 11, 2026.

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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.

Mar 31, 2026 · Filed May 11, 2026

ABX$8.78+0.3%Stored close · as of Nov 6, 2026

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Contents

PART I. FINANCIAL INFORMATION

Item 1. - Financial Statements

ABACUS GLOBAL MANAGEMENT, INC.

CONSOLIDATED BALANCE SHEETS

	March 31, 2026 (Unaudited)	December 31, 2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$37,209,747	$38,112,332
Accounts receivable	12,260,137	18,082,473
Accounts receivable, related party	13,297,909	9,320,103
Income taxes receivable	96,224	411,055
Prepaid expenses and other current assets	5,453,056	3,646,850
Total current assets	68,317,073	69,572,813
Property and equipment, net	1,621,754	1,597,896
Intangible assets, net	63,284,242	66,360,444
Goodwill	252,779,884	252,779,884
Operating right-of-use assets	10,339,573	4,561,692
Management and performance fee receivable, related party	14,509,188	14,800,140
Life settlement policies, at fair value	392,770,863	468,857,929
Life settlement policies, at cost	931,353	918,305
Available-for-sale securities, at fair value; net of allowance for credit losses of $1,245,575 at March 31, 2026 and December 31, 2025	3,147,609	3,108,750
Other investments	20,653,585	18,253,585
Other assets	1,439,461	1,428,820
TOTAL ASSETS	$829,794,585	$902,240,258
LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt, at fair value	$—	$114,424,000
Current portion of long-term debt	1,500,000	1,500,000
Accrued expenses	7,146,873	10,935,292
Current operating lease liabilities	1,327,873	720,186
Contract liabilities, deposits on pending settlements	766,528	169,184
Accrued transaction costs	2,200,698	2,336,177
Other current liabilities	14,092,882	15,853,016
Income taxes payable	8,767,351	2,653,366
Total current liabilities	35,802,205	148,591,221

ABACUS GLOBAL MANAGEMENT, INC.

CONSOLIDATED BALANCE SHEETS (CONT.)

	March 31, 2026 (Unaudited)	December 31, 2025
Long-term debt, net	275,802,521	275,780,392
Long-term debt, at fair value	38,156,705	—
Long-term debt, related party	14,541,873	14,114,199
Retrocession fees payable	5,361,714	5,361,714
Noncurrent operating lease liabilities	9,985,924	4,637,642
Deferred tax liability	27,540,858	30,214,160
Warrant liability	—	—
TOTAL LIABILITIES	407,191,800	478,699,328
COMMITMENTS AND CONTINGENCIES (Note 12)
MEZZANINE EQUITY
Series A convertible preferred stock, $0.0001 par value; 5,000 shares authorized; 5,000 shares issued and outstanding at March 31, 2026 and December 31, 2025	5,000,000	5,000,000
TOTAL MEZZANINE EQUITY	5,000,000	5,000,000
STOCKHOLDERS' EQUITY
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 5,000 shares issued and outstanding	—	—
Class A common stock, $0.0001 par value; 200,000,000 authorized shares; 105,039,246 and 104,879,752 shares issued at March 31, 2026 and December 31, 2025, respectively	10,504	10,488
Treasury stock - at cost; 9,055,830 and 7,406,118 shares repurchased at March 31, 2026 and December 31, 2025, respectively	(70,262,583)	(55,808,595)
Additional paid-in capital	522,314,870	515,971,485
Accumulated deficit	(34,460,006)	(41,632,448)
Noncontrolling interest	—	—
TOTAL STOCKHOLDERS' EQUITY	417,602,785	418,540,930
TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY	$829,794,585	$902,240,258

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