RUM Group Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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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 25, 2025
RUM$5.11+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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6. Property and Equipment
| 6. | Property and Equipment |
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Computer hardware | $24,577,345 | $21,969,345 |
| Furniture and fixtures | 123,417 | 121,077 |
| Leasehold improvements | 1,942,799 | 1,911,901 |
| 26,643,561 | 24,002,323 | |
| Accumulated depreciation | (9,575,485) | (4,312,336) |
| Net carrying value | $17,068,076 | $19,689,987 |
Depreciation expense on property and equipment for the years ended December 31, 2024 and 2023 was $5,296,024 and $3,267,920, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.