Abacus Global Management, Inc.

For the period ended Jun 30, 2026. Filed Aug 10, 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.

Jun 30, 2026 · Filed Aug 10, 2026

ABX$8.99+2.4%Stored close · as of Nov 9, 2026

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Contents

PART I. FINANCIAL INFORMATION

Item 1. - Financial Statements

ABACUS GLOBAL MANAGEMENT, INC.

CONSOLIDATED BALANCE SHEETS

	June 30, 2026 (Unaudited)	December 31, 2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$23,388,190	$38,112,332
Accounts receivable	22,812,071	18,082,473
Accounts receivable, related party	10,127,137	9,320,103
Income taxes receivable	3,778,866	411,055
Prepaid expenses and other current assets	4,533,639	3,646,850
Total current assets	64,639,903	69,572,813
Property and equipment, net	2,345,652	1,597,896
Intangible assets, net	59,750,092	66,360,444
Goodwill	252,779,884	252,779,884
Operating right-of-use assets	12,306,899	4,561,692
Management and performance fee receivable, related party	15,187,416	14,800,140
Life settlement policies, at fair value	383,044,248	468,857,929
Life settlement policies, at cost	—	918,305
Available-for-sale securities, at fair value; net of allowance for credit losses of $— and $1,245,575 at June 30, 2026 and December 31, 2025	3,186,955	3,108,750
Other investments	73,043,493	18,253,585
Other assets	1,445,878	1,428,820
TOTAL ASSETS	$867,730,420	$902,240,258
LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt, at fair value	$38,293,580	$114,424,000
Current portion of long-term debt	1,500,000	1,500,000
Accrued expenses	8,482,787	10,935,292
Current operating lease liabilities	2,630,892	720,186
Contract liabilities, deposits on pending settlements	647,043	169,184
Accrued transaction costs	2,106,184	2,336,177
Other current liabilities	16,610,025	15,853,016
Related party payable	21,473,912	—
Income taxes payable	—	2,653,366

ABACUS GLOBAL MANAGEMENT, INC.

CONSOLIDATED BALANCE SHEETS (CONT.)

	June 30, 2026 (Unaudited)	December 31, 2025
Total current liabilities	91,744,423	148,591,221
Long-term debt, net	275,834,100	275,780,392
Long-term debt, related party	14,982,507	14,114,199
Retrocession fees payable	5,361,714	5,361,714
Noncurrent operating lease liabilities	11,066,427	4,637,642
Deferred tax liability	29,063,823	30,214,160
TOTAL LIABILITIES	428,052,994	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 June 30, 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; 107,220,874 and 104,879,752 shares issued at June 30, 2026 and December 31, 2025, respectively	10,722	10,488
Treasury stock - at cost; 10,130,090 and 7,406,118 shares repurchased at June 30, 2026 and December 31, 2025, respectively	(80,167,968)	(55,808,595)
Additional paid-in capital	542,761,386	515,971,485
Accumulated deficit	(27,926,714)	(41,632,448)
Noncontrolling interest	—	—
TOTAL STOCKHOLDERS' EQUITY	434,677,426	418,540,930
TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY	$867,730,420	$902,240,258

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