Royalty Management Holding Corp
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
RMCO$2.190.0%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
Consolidated Balance Sheets
ROYALTY MANAGEMENT HOLDING CORPORATIONCONSOLIDATED BALANCE SHEETS
| ASSETS | December 31,2024 | December 31,2023 |
|---|---|---|
| Cash and Cash Equivalents | $114,138 | $195,486 |
| Accounts Receivable | 180,881 | 70,322 |
| Prepaid Insurance | 3,626 | - |
| Interest Receivable | 260,069 | 124,727 |
| Fee Income Receivable | 194,482 | 309,787 |
| Total Current Assets | 753,196 | 700,322 |
| Investments in Corporations and LLCs | 10,235,925 | 10,230,434 |
| Convertible Notes Receivable | 1,430,000 | 1,400,000 |
| Notes Receivable | 93,422 | 235,267 |
| Due from Related Party | 316 | - |
| Intangible Assets, Net | 1,972,899 | 1,904,745 |
| Restricted Cash | 195,350 | 176,800 |
| Tools, Machinery & Equipment, Net | 3,832 | 5,417 |
| Operating Lease Right-Of-Use Assets, Net | 355,724 | 387,138 |
| TOTAL ASSETS | $15,040,664 | $15,040,123 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES | ||
| Accounts Payable – Related Party | $381,243 | $381,243 |
| Accounts Payable | 105,326 | 96,071 |
| Due to Related Party | 1,500 | - |
| Current Portion of Operating Lease Liabilities | 33,490 | 26,527 |
| Current Portion of Notes Payable | 250,000 | 20,000 |
| Deferred Income | - | 17,643 |
| Accrued Expenses | 218,377 | 818,646 |
| Total Current Liabilities | 989,936 | 1,360,130 |
| Notes Payable – Related Party, Net | - | 1,681,755 |
| Operating Lease Liabilities | 326,248 | 359,738 |
| Notes Payable, Net of Current Portion | - | 250,000 |
| Fair Value Liability of Public Warrants | 98,756 | 157,584 |
| Fair Value Liability of Private Warrants | - | 117,036 |
| TOTAL LIABILITIES | $1,414,940 | $3,926,243 |
| COMMITMENTS AND CONTINGENCIES (Note 17) | - | - |
| STOCKHOLDERS’ EQUITY | ||
| Preferred Stock: $0.0001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of the years ended December 31, 2024 and 2023 | - | - |
| Preferred Stock: $1.00 par value; 5,000,000 shares authorized, 1,607,886 and 0 shares issued and outstanding as of the years ended December 31, 2024 and 2023 | 1,607,886 | - |
| Class A Common Stock: $0.0001 par value; 100,000,000 shares authorized, 14,958,817 and 14,270,761 shares issued and outstanding as of the years ended December 31, 2024 and 2023 | 1,496 | 1,427 |
| Additional Paid-In Capital | 10,784,754 | 9,766,604 |
| Retained Earnings | 1,231,588 | 1,345,849 |
| Total Stockholders’ Equity | 13,625,724 | 11,113,880 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $15,040,664 | $15,040,123 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.