RUM Group Inc.
For the period ended Mar 31, 2025. Filed May 8, 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.
Mar 31, 2025 · Filed May 8, 2025
RUM$5.11+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
Condensed Consolidated Interim Balance Sheets
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $301,288,166 | $114,018,900 |
| Accounts receivable, net | 10,427,364 | 9,778,941 |
| Prepaid expenses and other | 5,634,354 | 12,329,789 |
| 317,349,884 | 136,127,630 | |
| Other non-current assets | 293,351 | 402,475 |
| Digital assets | 17,400,584 | - |
| Property and equipment, net | 16,037,543 | 17,068,076 |
| Right-of-use assets, net | 1,512,496 | 1,753,100 |
| Intangible assets, net | 27,873,234 | 29,306,135 |
| Goodwill | 10,655,391 | 10,655,391 |
| $391,122,483 | $195,312,807 | |
| Liabilities and Shareholders’ Equity (Deficit) | ||
| Current liabilities | ||
| Accounts payable and accrued liabilities | $18,167,699 | $18,223,372 |
| Deferred revenue | 12,798,377 | 12,812,984 |
| Lease liabilities | 1,075,887 | 1,000,643 |
| Derivative liability | - | 184,699,998 |
| 32,041,963 | 216,736,997 | |
| Lease liabilities, net of current portion | 484,066 | 799,910 |
| Warrant liability | 18,486,598 | 40,391,302 |
| Other liability | 500,000 | 500,000 |
| 51,512,627 | 258,428,209 | |
| Commitments and contingencies (Note 14) | ||
| Shareholders’ equity (deficit) | ||
| 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, 214,817,160 and 118,808,857 shares issued and outstanding, as of March 31, 2025 and December 31, 2024, respectively; 170,000,000 Class C (and corresponding ExchangeCo Share) authorized, 123,690,470 and 165,153,621 shares issued and outstanding, as of March 31, 2025 and December 31, 2024, respectively; 110,000,000 Class D shares authorized, 95,791,120 and 105,782,403 shares issued and outstanding, as of March 31, 2025 and December 31, 2024, respectively) | 773,347 | 768,892 |
| Accumulated deficit | (486,216,135) | (483,565,942) |
| Additional paid-in capital | 825,052,644 | 419,681,648 |
| 339,609,856 | (63,115,402) | |
| $391,122,483 | $195,312,807 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.