Nuburu, Inc.
For the period ended Mar 31, 2026. Filed May 20, 2026.
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.
Mar 31, 2026 · Filed May 20, 2026
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
| March 31,2026 | December 31,2025 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $8,267,110 | $24,661,284 |
| Restricted cash | 875,141 | 875,141 |
| Accounts receivable, net | 201,571 | — |
| Inventories, net | 293,499 | — |
| SYME Convertible Note Receivable (related party) | 1,950,631 | — |
| Tekne Convertible Note Receivable | 20,417,810 | — |
| Subscription for Orbit shares (related party) | — | 11,778,600 |
| SYME inventory advance (related party) | — | 5,668,545 |
| Advance on Tekne Convertible Note Receivable | — | 1,179,686 |
| Prepaid expenses and other current assets (including $1,772,288 and $233,498 with related parties, respectively) | 3,688,148 | 1,621,303 |
| Total current assets | 35,693,910 | 45,784,559 |
| Goodwill | 19,262,851 | — |
| Intangible assets subject to amortization, net | 2,799,968 | — |
| Investments at fair value | 12,664,441 | — |
| SYME Bonds (related party) | 5,647,818 | — |
| SYME Convertible Note Receivable (related party) | — | 2,351,602 |
| Property and equipment, net | 10,955 | — |
| Equity method investment (related party) | — | 949,806 |
| Deposit on acquisition (related party) | — | 733,272 |
| Other assets | 68,367 | — |
| TOTAL ASSETS | $76,148,310 | $49,819,239 |
| LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable (including $97,219 and nil with related parties, respectively) | $2,644,691 | $2,130,686 |
| Accrued expenses (including $2,474,831 and nil with related parties, respectively) | 7,526,946 | 3,276,794 |
| Current portion of debt (including $38,412,801 and $25,863,601 at fair value, respectively) | 39,673,346 | 25,874,146 |
| Preferred obligation related to Orbit Transaction (related party) | — | 8,131,899 |
| Shareholder advances | 99,936 | 99,936 |
| Preferred stock liability, $0.0001 par value; 50,000,000 shares authorized; 1,343,967 and 2,188,905 shares issued and outstanding, respectively | 13,439,670 | 21,889,050 |
| Total current liabilities | 63,384,589 | 61,402,511 |
| SEPA liability | 2,994,500 | 3,201,500 |
| Warrant liabilities | 5,617,340 | 397,401 |
| Contingent consideration (including $482,916 and nil with related parties, respectively) | 625,491 | — |
| Deferred tax liability | 173,351 | — |
| Other liabilities | 252,467 | — |
| TOTAL LIABILITIES | 73,047,738 | 65,001,412 |
| Commitments and Contingencies (Note 8) | ||
| Tekne Subordinated Convertible Note | 928,000 | — |
| Stockholders’ Equity (Deficit) | ||
| Common Stock, $0.0001 par value; 900,000,000 shares authorized; 154,588,426 and 92,816,561 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 15,459 | 9,282 |
| Additional paid-in capital | 203,069,515 | 185,288,376 |
| Accumulated deficit | (200,939,729) | (200,479,831) |
| Accumulated other comprehensive income | 27,327 | — |
| Total Stockholders’ Equity (Deficit) | 2,172,572 | $(15,182,173) |
| TOTAL LIABILITIES, TEKNE SUBORDINATED CONVERTIBLE NOTE AND STOCKHOLDERS’ EQUITY (DEFICIT) | $76,148,310 | $49,819,239 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.