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Midas Edge

Abacus Global Management, Inc.

For the period ended Dec 31, 2024. Filed Mar 28, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 28, 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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Contents

Statement of Cash Flows

ABACUS SETTLEMENTS, LLC

STATEMENT OF CASH FLOWS

Six Months EndedJune 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss$(974,901)
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation expense19,157
Amortization expense40,278
Amortization of deferred financing fees11,725
Non-cash lease expense1,210
Changes in operating assets and liabilities:
Related party receivables397,039
Other receivables101,203
Prepaid expenses(198,643)
Other current assets(26,211)
Other non-current assets
Certificate of deposit—
State security deposit
Accrued payroll and other expenses(17,466)
Contract liability—deposits on pending settlements659,067
Accounts payable(36,750)
Net cash used in operating activities(24,292)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures(108,394)
Purchase of intangible asset—
Due from members and affiliates(74,134)
Net cash used in investing activities(182,528)
CASH FLOWS FROM FINANCING ACTIVITIES:
Due to members(1,411)
Financing fees
Distributions(442,283)
Net cash used in financing activities(443,694)
NET DECREASE IN CASH AND CASH EQUIVALENTS(650,514)
Beginning of period1,458,740
End of period$808,226
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.