PSQ Holdings Inc
For the period ended Dec 31, 2024. Filed Mar 13, 2025.
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FY2024 · Filed Mar 13, 2025
PSQH$1.68-13.8%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 as of December 31, and
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $36,324,354 | $16,446,030 |
| Restricted cash | 265,253 | — |
| Accounts receivable, net | 447,819 | 204,879 |
| Loans held for investment, net of allowance for credit losses of $689,007 as of December 31, 2024 | 3,986,997 | — |
| Interest Receivable | 314,104 | — |
| Inventory | 2,663,397 | 1,439,182 |
| Prepaid expenses and other current assets | 2,835,238 | 3,084,576 |
| Total current assets | 46,837,162 | 21,174,667 |
| Loans held for investment, net of allowance for credit losses of $127,038 as of December 31, 2024, non-current | 735,118 | — |
| Property and equipment, net | 275,539 | 127,139 |
| Intangible assets, net | 15,790,437 | 3,557,029 |
| Goodwill | 10,930,978 | — |
| Operating lease right-of-use assets | 274,603 | 324,238 |
| Deposits | 50,004 | 63,546 |
| Total assets | $74,893,841 | $25,246,619 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Revolving line of credit | $3,777,279 | $— |
| Accounts payable | 3,503,553 | 1,828,508 |
| Accrued expenses | 1,167,329 | 1,641,553 |
| Deferred revenue | 53,671 | 225,148 |
| Operating lease liabilities, current portion | 122,587 | 310,911 |
| Total current liabilities | 8,624,419 | 4,006,120 |
| Convertible promissory notes, related party (Note 14) | 20,000,000 | — |
| Convertible promissory notes | 8,449,500 | — |
| Earn-out liabilities | 620,000 | 660,000 |
| Warrant liabilities | 10,186,000 | 10,130,000 |
| Operating lease liabilities | 163,716 | 16,457 |
| Total liabilities | 48,043,635 | 14,812,577 |
| Commitments and contingencies (Note 19) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value; 50,000,000 authorized shares; no shares issued and outstanding as of December 31, 2024 and December 31, 2023 | — | — |
| Class A Common stock, $0.0001 par value; 500,000,000 authorized shares; 39,575,499 shares and 24,410,075 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | 3,958 | 2,441 |
| Class C Common stock, $0.0001 par value; 40,000,000 authorized shares; 3,213,678 shares issued and outstanding as of December 31, 2024 and December 31, 2023 | 321 | 321 |
| Additional paid in capital | 146,746,355 | 72,644,419 |
| Accumulated deficit | (119,900,428) | (62,213,139) |
| Total stockholders’ equity | 26,850,206 | 10,434,042 |
| Total liabilities and stockholders’ equity | $74,893,841 | $25,246,619 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.