RUM Group Inc.

For the period ended Dec 31, 2024. Filed Mar 25, 2025.

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 25, 2025

RUM$5.08+3.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

For the year ended December 31,	2024	2023
Revenues	$95,488,190	$80,963,451
Expenses
Cost of services (content, hosting and other)	$138,472,266	$146,156,734
General and administrative	36,646,307	37,125,296
Research and development	18,923,319	15,721,663
Sales and marketing	17,330,925	13,427,021
Acquisition-related transaction costs	-	1,151,318
Amortization and depreciation	13,614,587	4,850,812
Changes in fair value of contingent consideration	1,354,357	(1,922,381)
Total expenses	226,341,761	216,510,463
Loss from operations	(130,853,571)	(135,547,012)
Interest income	8,083,903	13,594,463
Other expense	(207,431)	(125,511)
Changes in fair value of warrant liability	(32,694,697)	2,365,895
Changes in fair value of derivative	(184,699,998)	-
Loss before income taxes	(340,371,794)	(119,712,165)
Income tax benefit	2,009,015	3,291,703
Net loss	$(338,362,779)	$(116,420,462)
Loss per share – basic and diluted	$(1.66)	$(0.58)
Weighted-average number of common shares used in computing net loss per share - basic and diluted	204,100,835	201,442,321
Share-based compensation expense included in expenses:
Cost of services (content, hosting, and other)	$9,030,594	$3,994,180
General and administrative	11,788,130	10,686,099
Research and development	2,014,168	1,016,627
Sales and marketing	981,871	437,808
Total share-based compensation expense	23,814,763	16,134,714

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.