Rumble Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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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.
Mar 31, 2024 · Filed May 14, 2024
RUM$5.08+3.4%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
Condensed Consolidated Interim Balance Sheets
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $182,699,695 | $218,338,658 |
| Marketable securities | 1,135,200 | 1,135,200 |
| Accounts receivable | 5,986,320 | 5,440,447 |
| Prepaid expenses and other | 15,471,149 | 13,090,072 |
| 205,292,364 | 238,004,377 | |
| Other non-current assets | 1,879,819 | 1,626,802 |
| Property and equipment, net | 18,995,562 | 19,689,987 |
| Right-of-use assets, net | 2,782,685 | 2,473,903 |
| Intangible assets, net | 23,400,743 | 23,262,428 |
| Goodwill | 10,655,391 | 10,655,391 |
| $263,006,564 | $295,712,888 | |
| Liabilities and Shareholders' Equity | ||
| Current liabilities | ||
| Accounts payable and accrued liabilities | $20,550,598 | $24,713,203 |
| Deferred revenue | 7,014,763 | 7,003,891 |
| Lease liabilities | 1,227,589 | 975,844 |
| Contingent consideration | 1,635,974 | 863,643 |
| 30,428,924 | 33,556,581 | |
| Lease liabilities, long-term | 1,677,058 | 1,630,837 |
| Contingent consideration, net of current portion | 1,269,975 | 705,717 |
| Warrant liability | 18,434,500 | 7,696,605 |
| Other liability | 500,000 | 500,000 |
| 52,310,457 | 44,089,740 | |
| Commitments and contingencies (Note 13) | ||
| Shareholders' equity | ||
| Preferred shares ($0.0001 par value per share, 20,000,000 shares authorized, no shares issued or outstanding) | - | - |
| Common shares ($0.0001 par value per share, 700,000,000 Class A shares authorized, 115,126,700 and 114,926,700 shares issued and outstanding, as of March 31, 2024 and December 31, 2023, respectively; 170,000,000 Class C authorized, 165,153,621 and 165,353,621 shares issued and outstanding, as of March 31, 2024 and December 31, 2023, respectively; 110,000,000 Class D authorized, 105,782,403 and 105,782,403 shares issued and outstanding, as of March 31, 2024 and December 31, 2023, respectively) | 768,523 | 768,523 |
| Accumulated deficit | (188,493,203) | (145,203,163) |
| Additional paid-in capital | 398,420,787 | 396,057,788 |
| 210,696,107 | 251,623,148 | |
| $263,006,564 | $295,712,888 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.