Trump Media & Technology Group Corp.
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 5, 2024
DJT$4.28+5.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Cash Flows
of Cash Flows
| Nine Month Periods Ended | |||
|---|---|---|---|
| (in thousands) · September 30, 2024 · September 30, 2023 | |||
| Cash flows from operating activities | |||
| Net loss | $(363,216.1) | $(49,011.5) | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Non-cash interest expense on debt | 2,780.1 | 37,702.5 | |
| Change in fair value of derivative liability | 225,916.0 | 660.2 | |
| Depreciation and amortization | 771.5 | 48.3 | |
| Loss on extinguishment of debt | 542.3 | - | |
| Stock based compensation | 84,633.7 | - | |
| Operating lease amortization | 201.2 | 3.8 | |
| Prepaid expenses and other current assets | (3,751.4) | (1.6) | |
| Accounts receivable | 66.1 | 197.2 | |
| Unearned revenue | (2,453.5) | - | |
| Accounts payable and operating lease liabilities | 1,870.1 | (66.1) | |
| Net cash used in operating activities | (52,640.0) | (10,467.2) | |
| Cash flows used in investing activities | |||
| Purchases of property and equipment | (5,031.2) | (2.2) | |
| Purchase of intangible asset | (7,000.0) | - | |
| Purchase of short-term investments | (300,742.5) | - | |
| Net cash used in investing activities | (312,773.7) | (2.2) | |
| Cash flows provided by financing activities | |||
| Proceeds from convertible promissory notes | 47,455.0 | 2,500.0 | |
| Proceeds from merger | 233,017.5 | - | |
| Repurchase of Common Stock | (2,908.7) | - | |
| Proceeds from the issuance of Common Stock | 339,463.1 | - | |
| Proceeds from the exercise of Warrants | 117,949.8 | - | |
| Net cash provided by financing activities | 734,976.7 | 2,500.0 | |
| Net change in cash and cash equivalents | 369,563.0 | (7,969.4) | |
| Cash and cash equivalents, beginning of period | 2,572.7 | 9,808.4 | |
| Cash and cash equivalents, end of period | $372,135.7 | $1,839.0 | |
| Supplemental disclosure of cash flow information | |||
| Cash paid for interest | $126.4 | $ | - |
| Cash paid for taxes | $1,897.7 | $ | - |
| Noncash investing and financing activities | |||
| Shares issued for conversion of convertible notes | $350,426.0 | $ | - |
| Operating lease assets obtained in exchange for operating lease obligations | $2,703.0 | $ | - |
| Common Stock issued for business combination | $132,171.0 | $ | - |
| Common Stock Issued for underwriter fees | $10,107.5 | $ | - |
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