Venu Holding Corp
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
View on SEC.govAbout this filing
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 13, 2026
VENU$1.19+0.8%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
Condensed Consolidated Statements of Cash Flows (Unaudited)
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the six months ended June 30, | ||||
|---|---|---|---|---|
| 2026 · 2025 | ||||
| Net loss | $(34,177,639) | $(31,736,344) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Loss on sale of property and equipment | 55,957 | - | ||
| Equity issued for interest on debt | - | 291,680 | ||
| Equity based compensation | 2,918,786 | 13,024,382 | ||
| Equity issued for services | 653,000 | 277,900 | ||
| Noncash interest and debt discount | 876,482 | 2,829,506 | ||
| Noncash lease expense | 849,264 | 184,741 | ||
| Depreciation and amortization | 4,776,523 | 2,749,776 | ||
| Noncash donation of EIGHT Brewing investment | 1,999,999 | - | ||
| Changes in operating assets and liabilities: | ||||
| Inventories | (116,394) | 31,166 | ||
| Prepaid expenses and other current assets | (861,302) | (391,189) | ||
| Security and other deposits | 40,224 | (25,250) | ||
| Accounts payable | 34,505,866 | (2,781,721) | ||
| Accrued expenses | (21,528,291) | 3,235,134 | ||
| Accrued payroll and payroll taxes | (211,043) | (105,678) | ||
| Deferred revenue | 434,892 | 360,730 | ||
| Operating lease liabilities | (706,925) | (185,469) | ||
| Licensing liability | 1,089,149 | 756,389 | ||
| Net cash used in operating activities | (9,401,452) | (11,484,247) | ||
| Cash flows from investing activities | ||||
| Purchase of property and equipment | (132,875,433) | (37,211,382) | ||
| Investment in EIGHT Brewing | - | (1,999,999) | ||
| Investment in related parties | - | (5,262) | ||
| Net cash used in investing activities | (132,875,433) | (39,216,643) | ||
| Cash flows from financing activities | ||||
| Receipt of convertible promissory note | - | 18,000,000 | ||
| Proceeds from NNN firesuite liability, including $542,646 principal payments from NNN firesuite promissory notes receivable | 19,467,646 | - | ||
| Proceeds from lease financing liability - related party | 21,951,844 | - | ||
| Proceeds from issuance of Contingently Redeemable Convertible Cumulative Series B Preferred Stock | 4,995,000 | 10,125,000 | ||
| Proceeds from issuance of common stock, net of $7,395,725 issuance costs | 68,531,119 | - | ||
| Proceeds from issuance of common warrants and pre-funded warrants | 21,796,023 | - | ||
| Proceeds from Subsidiary issuance of shares, net of Venu purchase of Subsidiary shares | (3,452,060) | 24,454,237 | ||
| Repurchase of treasury stock | (10,000,000) | - | ||
| Principal payments on promissory note | (4,500,000) | (2,000,000) | ||
| Principal payments on long-term debt | (332,142) | (164,038) | ||
| Principal payments on lease financing liability - related party | (10,799) | - | ||
| Distributions to non-controlling shareholders | (1,192,454) | (251,785) | ||
| Net cash provided by financing activities | 117,254,177 | 50,163,414 | ||
| Net decrease in cash and cash equivalents | (25,022,708) | (537,476) | ||
| Cash and cash equivalents, beginning | 41,306,358 | 37,969,454 | ||
| Cash and cash equivalents, ending | $16,283,650 | $37,431,978 | ||
| Supplemental cash flow information: | ||||
| Cash paid for interest | $856,948 | $230,467 | ||
| Cash paid for income taxes | $ | - | $ | - |
| Supplemental non-cash investing and financing activities: | ||||
| Property acquired via promissory note | $12,215,475 | $25,000,000 | ||
| Real property sold in exchange for note receivable - related party | $19,880,000 | $ | - | |
| Lease financing liability from real property lease - related party | $41,376,869 | $ | - | |
| Accrued preferred stock dividends | $300,750 | $16,875 | ||
| Debt discounts - warrants | $ | - | $1,486,329 | |
| Conversion of convertible debt and interest to common equity | $ | - | 25,000,000 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.