Abacus Global Management, 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
ABX$9.13+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
ABACUS GLOBAL MANAGEMENT, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| REVENUES: | ||||
| Asset management | $776,361 | $1,606,827 | $1,818,804 | $2,355,216 |
| Asset management, related party | 6,439,292 | 7,155,049 | 13,855,993 | 14,179,737 |
| Life solutions | 53,920,260 | 31,125,573 | 87,936,927 | 66,522,884 |
| Life solutions, related party | 11,504,800 | 16,175,271 | 28,055,421 | 17,076,617 |
| Technology services | 379,277 | 161,900 | 743,133 | 229,512 |
| TOTAL REVENUES | 73,019,990 | 56,224,620 | 132,410,278 | 100,363,966 |
| COST OF REVENUES (excluding depreciation and amortization stated below): | ||||
| Cost of revenue (including stock-based compensation) | 9,064,451 | 6,054,644 | 15,371,836 | 13,163,051 |
| GROSS PROFIT | 63,955,539 | 50,169,976 | 117,038,442 | 87,200,915 |
| OPERATING EXPENSES: | ||||
| Sales and marketing | 5,558,460 | 3,267,715 | 10,506,370 | 5,883,715 |
| General and administrative (including stock-based compensation) | 32,956,074 | 18,926,329 | 58,828,199 | 31,190,115 |
| Gain on change in fair value of debt | — | — | — | (3,362,103) |
| Gain on equity securities, at fair value | — | 272,254 | — | — |
| Depreciation and amortization expense | 3,962,445 | 5,184,083 | 7,896,531 | 9,942,629 |
| TOTAL OPERATING EXPENSES | 42,476,979 | 27,650,381 | 77,231,100 | 43,654,356 |
| OPERATING INCOME | 21,478,560 | 22,519,595 | 39,807,342 | 43,546,559 |
| OTHER INCOME (EXPENSE): | ||||
| Gain (loss) on change in fair value of warrant liability | — | 4,183,000 | — | (623,000) |
| Interest expense | (8,311,904) | (8,752,145) | (18,765,496) | (18,370,475) |
| Interest income | 670,783 | 1,012,278 | 1,334,006 | 2,187,279 |
| Other (expense) income, net | (2,861,547) | 2,718,172 | (342,954) | 2,673,648 |
| TOTAL OTHER EXPENSE | (10,502,668) | (838,695) | (17,774,444) | (14,132,548) |
| NET INCOME BEFORE PROVISION FOR INCOME TAXES | 10,975,892 | 21,680,900 | 22,032,898 | 29,414,011 |
| Income tax expense | 4,348,850 | 4,069,971 | 8,139,664 | 6,404,056 |
| NET INCOME | 6,627,042 | 17,610,929 | 13,893,234 | 23,009,955 |
| LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST | — | 27,240 | — | 786,683 |
| NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. | $6,627,042 | $17,583,689 | $13,893,234 | $22,223,272 |
| EARNINGS PER SHARE: | ||||
| Earnings per share - basic | $0.07 | $0.18 | $0.14 | $0.23 |
| Earnings per share - diluted | $0.07 | $0.18 | $0.14 | $0.23 |
| Weighted-average stock outstanding—basic | 95,319,635 | 94,690,195 | 96,574,532 | 95,437,545 |
| Weighted-average stock outstanding—diluted | 98,457,545 | 97,372,470 | 99,755,998 | 97,801,477 |
| NET INCOME | $6,627,042 | $17,610,929 | $13,893,234 | $23,009,955 |
| COMPREHENSIVE INCOME BEFORE NON-CONTROLLING INTERESTS | 6,627,042 | 17,610,929 | 13,893,234 | 23,009,955 |
| Net and comprehensive income attributable to non-controlling interests | — | 27,240 | — | 786,683 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. | $6,627,042 | $17,583,689 | $13,893,234 | $22,223,272 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.