Nuburu, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 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.
Sep 30, 2025 · Filed Nov 14, 2025
BURU$0.22+4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
TED BALANCE SHEETS
| September 30,2025 | December 31,2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $5,941,542 | $209,337 |
| Restricted cash | 875,141 | — |
| Inventories, net of reserve of nil and $1,161,469 at September 30, 2025 and December 31, 2024, respectively | — | 1,526,467 |
| Prepaid expenses and other current assets (including $1,750,000 and nil with related parties, respectively) | 4,322,880 | 162,749 |
| Total current assets | 11,139,563 | 1,898,553 |
| Property and equipment, net | — | 4,834,729 |
| Operating lease right-of-use assets | — | 202,411 |
| Convertible note receivable (related party) | 2,011,700 | — |
| Other assets | — | 34,359 |
| TOTAL ASSETS | $13,151,263 | $6,970,052 |
| LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable | $3,889,781 | $6,301,310 |
| Accrued expenses | 4,618,521 | 4,301,195 |
| Current portion of operating lease liability | — | 237,369 |
| Contract liabilities | 24,000 | 24,000 |
| Shareholder advances | 99,936 | 644,936 |
| Current portion of notes payable (including $4,345,626 and $8,130,638 with related parties, respectively) | 10,854,863 | 9,242,183 |
| Claims settlement liability | 502,196 | — |
| Convertible note derivative liability | — | 37,900 |
| Preferred stock liability | 21,889,050 | — |
| Total current liabilities | 41,878,347 | 20,788,893 |
| SEPA liability | 3,467,142 | — |
| Warrant liabilities | 21,662,084 | 128,615 |
| TOTAL LIABILITIES | 67,007,573 | 20,917,508 |
| Commitments and Contingencies (Note 6) | ||
| Convertible preferred stock, $0.0001 par value; 50,000,000 shares authorized; 2,188,905 and 2,388,905 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively (1) | — | 23,889,050 |
| Stockholders’ Deficit | ||
| Common Stock, $0.0001 par value; 900,000,000 shares authorized; 208,586,879 and 20,274,238 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 24,740 | 2,028 |
| Additional paid-in capital | 118,785,501 | 93,968,071 |
| Accumulated deficit | (172,666,551) | (131,806,605) |
| Total Stockholders’ Deficit | (53,856,310) | (37,836,506) |
| TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | $13,151,263 | $6,970,052 |
(1)
As of September 30, 2025, the value of the convertible preferred stock is presented within preferred stock liability. For additional information, See Note 9.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.