Trump Media & Technology Group Corp.
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout 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.
FY2023 · Filed Apr 1, 2024
DJT$4.06+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Cash Flows
| For the Year end December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities: | ||
| Net loss | $(21,890,641) | $(15,642,548) |
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Interest earned on cash and marketable securities held in Trust Account | (13,831,960) | (4,257,469) |
| Changes in operating assets and liabilities: | ||
| Accrued expenses | 29,549,831 | 17,026,986 |
| Income taxes payable | 810,606 | 979,475 |
| Prepaid insurance | 168,350 | 237,673 |
| Franchise tax payable | 58,226 | 200,000 |
| Net cash used in operating activities | (5,135,588) | (1,455,883) |
| Cash flows from investing activities: | ||
| Investment of cash in Trust Account | — | (2,875,000) |
| Cash withdrawn from Trust Account for taxes | 3,232,500 | |
| Cash withdrawn from Trust Account for redemptions | 307,028 | 58,916 |
| Net cash provided by (used in) investing activities | 3,539,528 | (2,816,084) |
| Cash flows from financing activities: | ||
| Proceeds from convertible Sponsor note | 1,008,945 | 2,875,000 |
| Proceeds from working capital loan | 1,773,000 | 503,441 |
| (Repayment of) Proceeds from advances – related party | (484,835) | 625,700 |
| Redemption of shares | (307,028) | (58,916) |
| Net cash provided by financing activities | 1,990,082 | 3,945,225 |
| Net change in cash | 394,022 | (326,742) |
| Cash at beginning of period | 989 | 327,731 |
| Cash at end of period | $395,011 | $989 |
| Supplemental disclosures | ||
| Income taxes paid | $2,737,997 | $— |
| Interest paid | $— | $— |
| Non-cash investing and financing activities: | ||
| Class B common stock redemption | $3 | $0 |
| Remeasurement of Class A common stock | $10,000,857 | $5,760,092 |
| Issuance of Convertible note for legal services | $500,000 | $0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.