Snail, Inc.
For the period ended Dec 31, 2025. Filed Mar 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 19, 2026
SNAL$2.15+3.9%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
Consolidated Statements of Equity (Deficit)
Consolidated Statements of Equity (Deficit) for the Years Ended December 31, 2025 and 2024
| Class A Common Stock · Class B Common Stock · Additional Paid-In- · Accumulated Other Comprehensive · Accumulated · Treasury Stock · Snail, Inc. Equity · Non controlling · Total Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Loss | Deficit | Shares | Amount | (Deficit) | interests | (Deficit) | |
| Balance at December 31, 2024 | 9,626,070 | $962 | 28,748,580 | $2,875 | $25,738,082 | $(279,457) | $(12,117,385) | (1,350,275) | $(3,671,806) | $9,673,271 | $(5,504,109) | $4,169,162 |
| Conversion of convertible notes to common stock | 295,873 | 30 | — | — | 331,470 | — | — | — | — | 331,500 | — | 331,500 |
| Exercise of warrants | 189,285 | 19 | — | — | 482,094 | — | — | — | — | 482,113 | — | 482,113 |
| Stock based compensation related to restricted stock units | — | — | — | — | 371,496 | — | — | — | — | 371,496 | — | 371,496 |
| Common stock issued for service | 271,108 | 27 | — | — | (27) | — | — | — | — | — | — | — |
| Fair value changes of convertible notes | — | — | — | — | — | 28,377 | — | — | — | 28,377 | — | 28,377 |
| Foreign currency translation | — | — | — | — | — | (23,969) | — | — | — | (23,969) | — | (23,969) |
| Net loss | — | — | — | — | — | — | (27,235,125) | — | — | (27,235,125) | (2,607) | (27,237,732) |
| Balance at December 31, 2025 | 10,382,336 | $1,038 | 28,748,580 | $2,875 | $26,923,115 | $(275,049) | $(39,352,510) | (1,350,275) | $(3,671,806) | $(16,372,337) | $(5,506,716) | $(21,879,053) |
| Class A Common Stock · Class B Common Stock · Additional Paid-In- · Accumulated Other Comprehensive · Accumulated · Treasury Stock · Snail, Inc. · Non controlling · Total | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Loss | Deficit | Shares | Amount | Equity | interests | Equity | |
| Balance at December 31, 2023 | 9,275,420 | $927 | 28,748,580 | $2,875 | $26,171,575 | $(254,383) | $(13,949,325) | (1,350,275) | $(3,671,806) | $8,299,863 | $(5,499,244) | $2,800,619 |
| Conversion of notes payable | 71,460 | 7 | — | — | 59,993 | — | — | — | — | 60,000 | — | 60,000 |
| Exercise of warrants | 235,712 | 24 | — | — | 396,726 | — | — | — | — | 396,750 | — | 396,750 |
| Stock based compensation related to restricted stock units | — | — | — | — | (890,208) | — | — | — | — | (890,208) | — | (890,208) |
| Common stock issued for service | 43,478 | 4 | — | — | (4) | — | — | — | — | — | — | — |
| Foreign currency translation | — | — | — | — | — | (25,074) | — | — | — | (25,074) | — | (25,074) |
| Net income (loss) | — | — | — | — | — | — | 1,831,940 | — | — | 1,831,940 | (4,865) | 1,827,075 |
| Balance at December 31, 2024 | 9,626,070 | $962 | 28,748,580 | $2,875 | $25,738,082 | $(279,457) | $(12,117,385) | (1,350,275) | $(3,671,806) | $9,673,271 | $(5,504,109) | $4,169,162 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.