ABL · As filed with the SEC
Abacus Global Management balance sheet, by quarter
The statement as Abacus Global Management presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| CURRENT ASSETS: | ||||||||
| Cash and cash equivalents | 23,388,190 | 37,209,747 | 38,112,332 | 86,418,953 | 74,836,871 | 43,761,731 | 131,944,282 | 19,409,615 |
| Equity securities, at fair value | — | — | — | — | — | — | 0 | 3,019,055 |
| Nonrelated Party | 22,812,071 | 12,260,137 | 18,082,473 | 30,392,121 | 14,512,827 | 6,251,043 | 15,785,531 | 2,232,432 |
| Related Party | 10,127,137 | 13,297,909 | 9,320,103 | 13,863,196 | 10,989,251 | 6,196,493 | 7,113,369 | 83,498 |
| Affiliated Entity | — | — | — | — | — | 1,666,047 | 1,527,062 | 1,279,099 |
| Income taxes receivable | 3,778,866 | 96,224 | 411,055 | 2,740,362 | 145,839 | 1,946,728 | 2,099,673 | 2,702,103 |
| Prepaid expenses and other current assets | 4,533,639 | 5,453,056 | 3,646,850 | 4,738,492 | 5,435,222 | 1,639,257 | 1,094,729 | 2,070,875 |
| Total current assets | 64,639,903 | 68,317,073 | 69,572,813 | 138,153,124 | 105,920,010 | 61,461,299 | 159,564,646 | 30,796,677 |
| Property and equipment, net | 2,345,652 | 1,621,754 | 1,597,896 | 1,590,408 | 1,517,845 | 1,182,611 | 1,025,066 | 888,519 |
| Intangible assets, net | 59,750,092 | 63,284,242 | 66,360,444 | 70,491,008 | 71,392,006 | 75,110,105 | 79,786,793 | 24,653,141 |
| Goodwill | 252,779,884 | 252,779,884 | 252,779,884 | 248,959,637 | 238,921,108 | 238,296,200 | 238,296,200 | 139,930,190 |
| Operating right-of-use assets | 12,306,899 | 10,339,573 | 4,561,692 | 4,716,584 | 4,867,682 | 4,673,433 | 4,722,573 | 2,033,538 |
| Related Party | 15,187,416 | 14,509,188 | 14,800,140 | 15,465,366 | 14,501,482 | 14,037,322 | 13,379,301 | — |
| Life settlement policies, at fair value | 383,044,248 | 392,770,863 | 468,857,929 | 423,782,347 | 386,144,698 | 446,207,963 | 370,398,447 | 273,249,493 |
| Life settlement policies, at cost | 0 | 931,353 | 918,305 | 905,349 | 1,109,808 | 1,096,866 | 1,083,977 | 1,071,172 |
| Available-for-sale securities, at fair value; net of allowance for credit losses of $— and $1,245,575 at June 30, 2026 and December 31, 2025 | 3,186,955 | 3,147,609 | 3,108,750 | 3,194,593 | 3,287,463 | 2,743,338 | 2,205,904 | 1,185,740 |
| Other investments | — | — | — | 9,850,000 | 9,850,000 | 9,850,000 | 1,850,000 | 1,850,000 |
| Other investments | 73,043,493 | 20,653,585 | 18,253,585 | — | — | — | 0 | 0 |
| Other assets | 1,445,878 | 1,439,461 | 1,428,820 | 1,829,114 | 10,845,818 | 1,850,148 | 1,851,845 | 1,650,698 |
| TOTAL ASSETS | 867,730,420 | 829,794,585 | 902,240,258 | 918,937,530 | 848,357,920 | 856,509,285 | 874,164,752 | 477,309,168 |
| LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY | ||||||||
| CURRENT LIABILITIES: | ||||||||
| Current portion of long-term debt, at fair value | — | — | 114,424,000 | 118,498,871 | 117,869,504 | 117,094,610 | 37,430,336 | — |
| Current portion of long-term debt | — | — | — | — | 1,000,000 | 1,000,000 | 1,000,000 | 13,730,026 |
| Current portion of long-term debt | — | — | 1,500,000 | 1,000,000 | — | — | — | — |
| Current portion of long-term debt, at fair value | 38,293,580 | 0 | — | — | — | — | — | — |
| Current portion of long-term debt | 1,500,000 | 1,500,000 | — | — | — | — | — | — |
| Accrued expenses | 8,482,787 | 7,146,873 | 10,935,292 | 8,691,570 | 5,316,412 | 2,756,688 | 6,139,472 | 2,535,277 |
| Current operating lease liabilities | 2,630,892 | 1,327,873 | 720,186 | 671,281 | 646,851 | 514,137 | 515,597 | 413,071 |
| Contract liabilities, deposits on pending settlements | 647,043 | 766,528 | 169,184 | 358,983 | 45,869 | 600,295 | 2,473,543 | 924,083 |
| Accrued transaction costs | — | — | 2,336,177 | 2,523,953 | 879,329 | 0 | 483,206 | 2,600,000 |
| Accrued transaction costs | 2,106,184 | 2,200,698 | — | — | — | — | — | — |
| Other current liabilities | — | 14,092,882 | 15,853,016 | — | — | — | — | — |
| Former Members | — | — | — | — | — | — | 0 | 0 |
| Nonrelated Party | 16,610,025 | — | — | 15,783,293 | 12,143,344 | 8,834,692 | 14,423,925 | 3,659,891 |
| Affiliated Entity | — | — | — | — | — | — | 0 | 0 |
| Related Party | 21,473,912 | — | — | — | — | — | — | — |
| Income taxes payable | 0 | 8,767,351 | 2,653,366 | 910,545 | 2,276,726 | — | 0 | 0 |
| Total current liabilities | 91,744,423 | 35,802,205 | 148,591,221 | 148,438,496 | 140,178,035 | 130,800,422 | 62,466,079 | 23,862,348 |
| Nonrelated Party | — | — | — | — | 224,895,561 | 225,065,112 | 224,742,029 | 57,996,997 |
| Related Party | — | — | — | — | 13,296,214 | 12,905,174 | 12,525,635 | 12,157,258 |
| Nonrelated Party | — | — | 275,780,392 | 276,072,681 | — | — | — | — |
| Related Party | — | — | 14,114,199 | 13,699,103 | — | — | — | — |
| Nonrelated Party | 275,834,100 | 275,802,521 | — | — | — | — | — | — |
| Related Party | 14,982,507 | 14,541,873 | — | — | — | — | — | — |
| Long-term debt, at fair value | — | 38,156,705 | 0 | 0 | 0 | 0 | 105,120,100 | 96,358,740 |
| Retrocession fees payable | — | — | 5,361,714 | 5,361,714 | 5,361,714 | 5,361,714 | 5,312,214 | — |
| Retrocession fees payable | 5,361,714 | 5,361,714 | — | — | — | — | — | — |
| Noncurrent operating lease liabilities | 11,066,427 | 9,985,924 | 4,637,642 | 4,535,901 | 4,713,328 | 4,460,924 | 4,580,158 | 1,860,736 |
| Deferred tax liability | 29,063,823 | 27,540,858 | 30,214,160 | 31,235,642 | 28,411,876 | 28,185,913 | 26,778,865 | 12,003,461 |
| Warrant liability | — | — | 0 | 0 | 9,968,000 | 14,151,000 | 9,345,000 | 15,130,000 |
| Warrant liability | — | 0 | — | — | — | — | — | — |
| TOTAL LIABILITIES | 428,052,994 | 407,191,800 | 478,699,328 | 479,343,537 | 426,824,728 | 420,930,259 | 450,870,080 | 219,369,540 |
| MEZZANINE EQUITY | ||||||||
| Series A convertible preferred stock, $0.0001 par value; 5,000 shares authorized; 5,000 shares issued and outstanding at June 30, 2026 and December 31, 2025 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | — | — |
| STOCKHOLDERS' EQUITY | ||||||||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 5,000 shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Class A Common Stock | 10,722 | 10,504 | 10,488 | 10,443 | 9,795 | 9,790 | 10,133 | 7,576 |
| Treasury stock - at cost; 10,130,090 and 7,406,118 shares repurchased at June 30, 2026 and December 31, 2025, respectively | (80,167,968) | (70,262,583) | (55,808,595) | (50,269,042) | (47,076,918) | (12,025,137) | (12,025,137) | (12,025,137) |
| Additional paid-in capital | 542,761,386 | 522,314,870 | 515,971,485 | 513,709,228 | 499,438,543 | 495,949,787 | 494,064,113 | 309,655,378 |
| Accumulated deficit | (27,926,714) | (34,460,006) | (41,632,448) | (28,856,636) | (35,767,080) | (53,257,026) | (57,896,606) | (39,639,373) |
| Accumulated other comprehensive income | — | — | 0 | — | — | — | 0 | 32,721 |
| Noncontrolling interest | 0 | 0 | 0 | 0 | (71,148) | (98,388) | (857,831) | (91,537) |
| Total stockholders' equity | 434,677,426 | 417,602,785 | 418,540,930 | 434,593,993 | 416,533,192 | 430,579,026 | 423,294,672 | 257,939,628 |
| TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY | 867,730,420 | 829,794,585 | 902,240,258 | 918,937,530 | 848,357,920 | 856,509,285 | 874,164,752 | 477,309,168 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.