RUM Group Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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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.
Jun 30, 2026 · Filed Aug 10, 2026
RUM$5.11+0.6%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
Condensed Consolidated Interim Statements of Cash Flows
| For the six months ended June 30, | 2026 | 2025 |
|---|---|---|
| Cash flows provided by (used in) | ||
| Operating activities | ||
| Net loss for the period | $(111,205,555) | $(32,875,123) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Amortization and depreciation | 20,267,766 | 6,894,869 |
| Share-based compensation | 12,364,333 | 14,064,097 |
| Provision for credit losses | 957,371 | - |
| Net trade and barter revenue and expense | (1,538,931) | 2,881,127 |
| Non-cash lease expense | 3,657,467 | 549,603 |
| Change in fair value of warrants | (1,327,928) | (15,442,843) |
| Change in fair value of contingent consideration | 486,376 | - |
| Change in fair value of digital assets | 6,501,092 | (3,493,025) |
| Change in fair value of derivative | (283,991) | (9,700,000) |
| Loss on disposal of property and equipment | - | 6,627 |
| Loss on lease termination | - | 925 |
| Unrealized foreign exchange losses | 5,669,758 | - |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (15,286,870) | (3,063,864) |
| Prepaid expenses and other | 5,531,116 | 6,565,724 |
| Accounts payable and accrued liabilities | 12,469,990 | 2,279,372 |
| Deferred revenue | (1,750,016) | 1,446,896 |
| Income tax receivable | (1,822,222) | - |
| Deferred tax liability | 166,096 | - |
| Operating lease liabilities | (1,001,232) | (490,522) |
| Net cash used in operating activities | (66,145,380) | (30,376,137) |
| Investing activities | ||
| Purchase of property and equipment | (43,193,463) | (362,727) |
| Purchase of intangible assets | (2,816,714) | (1,289,278) |
| Purchase of digital assets | - | (19,100,000) |
| Acquisition of Northern Data AG, net of cash acquired | 51,036,335 | - |
| Net cash provided by (used in) investing activities | 5,026,158 | (20,752,005) |
| Financing activities | ||
| Proceeds from the issuance of pre-funded warrants in connection with equity commitment agreement | 36,242,537 | - |
| Taxes paid from net share settlement for share-based compensation | (1,522,260) | (1,744,613) |
| Proceeds from exercise of warrants and stock options | 2,769,185 | 1,964,610 |
| Proceeds from issuance of Class A Common Stock under ESPP | 81,064 | 129,374 |
| Proceeds from issuance of Class A Common Stock | - | 775,000,000 |
| Repurchase of Class A Common Stock | - | (525,000,000) |
| Share issuance costs | (11,504,125) | (29,429,791) |
| Net cash provided by financing activities | 26,066,401 | 220,919,580 |
| Effect of exchange rates on cash and cash equivalents | 402,881 | - |
| (Decrease) increase in cash and cash equivalents during the period | (34,649,940) | 169,791,438 |
| Cash and cash equivalents, beginning of period | 237,919,453 | 114,018,900 |
| Cash and cash equivalents, end of period | $203,269,513 | $283,810,338 |
| Supplemental cash flow information: | ||
| Cash paid for income taxes | $1,399,920 | $33,755 |
| Cash paid for interest | - | - |
| Cash paid for lease liabilities | 935,515 | 449,945 |
| Non-cash investing and financing activities: | ||
| Non-cash consideration related to the acquisition of Northern Data AG | 1,515,556,856 | - |
| Property and equipment in accounts payable and accrued liabilities | 1,311,854 | 197,449 |
| Recognition of operating right-of-use assets in exchange of operating lease liabilities, net of derecognition of terminated leases | 22,929 | 949,534 |
| Share-based compensation capitalized related to intangible assets | 257,143 | 227,848 |
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