Abacus Global Management, Inc.
For the period ended Jun 30, 2025. Filed Aug 12, 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.
Jun 30, 2025 · Filed Aug 12, 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 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 issue 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 |
ABACUS GLOBAL MANAGEMENT, INC.
UNAUDITED CONSOLIDATED STATEMENTS 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 sale | — | — | 11,500,000 | 1,150 | — | — | 91,998,850 | — | — | — | 92,000,000 | ||||
| Common stock sale 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 income (loss) | — | — | — | — | — | — | — | — | (55,999) | (9,616) | (65,615) | ||||
| Net (loss) income | — | — | — | — | — | — | — | 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 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.