ABL · As filed with the SEC

Abacus Global Management cash flow statement, 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 STATEMENTS OF CASH FLOWS · USD

USD	Q2 2026^† 3 months ended Jun 30, 2026	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	6,627,042^†	7,266,192	7,226,649^†	7,075,348^†	17,610,929^†	5,399,026	(19,009,504)^†	(5,284,811)^†
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	3,962,445^†	3,934,086	4,262,403^†	4,400,082^†	5,184,083^†	4,758,546	2,732,373^†	1,745,279^†
Allowance for credit losses	—	—	622,787^†	—	—	—	0^†	—
Stock-based compensation	6,882,980^†	6,343,401	5,149,800^†	4,527,358^†	3,486,828^†	2,355,396	24,760,007^†	6,416,378^†
Amortization of debt issuance costs	406,578^†	864,351	754,599^†	604,505^†	552,705^†	494,130	298,023^†	186,855^†
Unrealized gain on other investments	—	0	0^†	0^†	272,254^†	(272,254)	1,458,173^†	(417,677)^†
Realized gain on equity securities, at fair value	—	—	—	0^†	—	—	—	0^†
Unrealized loss (gain) on policies, at fair value	6,753,605^†	35,205,286	(15,686,076)^†	(15,723,490)^†	9,135,037^†	(27,012,517)	(15,646,791)^†	(16,798,335)^†
Change in fair value of debt	—	—	—	0^†	0^†	(3,362,103)	799,024^†	124,237^†
Related Party	42,257,443^†	67,637,417	—	—	—	—	—	—
Gain on change in fair value of debt	0^†	0	—	—	0^†	—	—	—
Loss on change in fair value of warrant liability	0^†	0	0^†	1,081,193^†	(4,183,000)^†	4,806,000	(5,785,000)^†	8,766,500^†
Deferred income taxes	1,522,965^†	(2,673,302)	(3,787,114)^†	2,891,555^†	313,185^†	1,407,048	2,013,606^†	16,493^†
Non-cash interest income	(39,346)^†	(38,859)	(36,944)^†	(29,918)^†	(280,322)^†	—	(20,164)^†	(20,165)^†
Deferred income taxes	—	—	—	—	—	—	—	16,493^†
Related Party	440,635^†	427,674	415,096^†	402,889^†	391,040^†	379,539	368,377^†	2,345,767^†
Nonrelated Party	0^†	0	(1)^†	0^†	26,014^†	117,616	117,616^†	(1,851,528)^†
Non-cash lease expense	—	—	305,538^†	(1,899)^†	190,869^†	(71,554)	132,913^†	104,766^†
Non-cash other income	—	—	0^†	0^†	(1,712,566)^†	(37,434)	(99,969)^†	0^†
Non-cash lease expense	416,196^†	178,088	—	—	190,869^†	—	—	—
Changes in operating assets and liabilities:
Accounts receivable	(10,551,934)^†	5,822,336	12,309,648^†	(14,386,024)^†	(8,256,933)^†	9,534,488	(13,119,561)^†	(615,756)^†
Accounts receivable, related party	3,170,772^†	(3,977,806)	5,314,492^†	(4,801,713)^†	(5,721,078)^†	(399,166)	270,019^†	66,715^†
Equity securities, at fair value	—	—	0^†	—	—	—	796,519^†	—
Related Party	—	—	(665,226)^†	963,884^†	464,160^†	658,021	(466,649)^†	0^†
Related Party	(678,228)^†	290,952	—	—	464,160^†	—	—	—
Prepaid expenses and other current assets	919,417^†	(1,806,206)	931,677^†	930,690^†	(2,266,255)^†	(544,528)	1,009,876^†	(1,138,277)^†
Other investments	660,511^†	(2,350,000)	—	—	0^†	—	—	—
Other assets	(6,417)^†	(10,641)	372,076^†	(248,493)^†	(281,727)^†	273,951	114,511^†	(143,267)^†
Accounts payable	—	—	—	—	—	—	0^†	0^†
Accrued expenses	1,335,914^†	(3,788,419)	2,241,639^†	2,530,360^†	2,559,724^†	(3,382,784)	2,621,458^†	358,762^†
Accrued transaction costs	—	—	(187,776)^†	1,644,624^†	879,329^†	(483,206)	(2,116,794)^†	66,373^†
Accrued transaction costs	(94,513)^†	(135,479)	—	—	879,329^†	—	—	—
Contract liabilities, deposits on pending settlement	(119,485)^†	597,344	(189,799)^†	313,114^†	(554,426)^†	(1,873,248)	1,549,460^†	(519,400)^†
Other current liabilities	—	(1,760,134)	(2,033,713)^†	121,102^†	3,197,994^†	(5,589,233)	3,599,188^†	1,976,559^†
Income tax payable	(8,767,350)^†	6,113,984	3,663,241^†	(2,594,523)^†	1,953,834^†	0	0^†	0^†
Income tax receivable	(3,682,644)^†	314,833	778,073^†	(1,366,181)^†	2,123,781^†	152,945	523,409^†	(266,864)^†
Retrocession fees payable	—	—	(94,209)^†	0^†	0^†	49,500	1,675,169^†	0^†
Net change in life settlement policies, at fair value	—	—	(29,389,506)^†	(21,914,159)^†	50,928,228^†	(48,796,999)	(78,190,443)^†	(45,769,463)^†
Net change in life settlement policies, at cost	—	—	(12,956)^†	204,459^†	(12,942)^†	(12,889)	(12,805)^†	69,325^†
Retrocession fees payable	0^†	0	—	—	0^†	—	—	—
Due from affiliates	—	0	—	—	—	(138,985)	—	—
Net change in life settlement policies, at fair value	2,973,009^†	40,881,780	—	—	50,928,228^†	—	—	—
Net change in life settlement policies, at cost	931,353^†	(13,048)	—	—	(12,942)^†	—	—	—
Net cash provided by operating activities	39,259,897^†	91,686,413	(7,439,618)^†	(32,752,449)^†	76,102,296^†	(61,590,694)	(91,982,966)^†	(52,284,968)^†
CASH FLOWS FROM INVESTING ACTIVITIES:
Origination of note receivable	—	—	0^†	0^†	—	—	0^†	0^†
Acquisition of businesses, net of cash acquired	—	—	12,452^†	435,844^†	—	—	(2,430,620)^†	0^†
Purchase of property and equipment	(862,291)^†	(133,891)	(112,475)^†	(171,647)^†	(422,950)^†	(224,371)	(192,777)^†	(242,542)^†
Development of intangible assets	(289,902)^†	(747,851)	0^†	0^†	15,032^†	(15,032)	83,236^†	(1)^†
Purchase of other investments	(39,639,750)^†	(50,000)	(8,699,569)^†	0^†	0^†	(3,000,000)	0^†	(100,000)^†
Purchase of available for sale securities	0^†	0	(500,000)^†	(500,000)^†	(500,000)^†	(500,000)	(1,000,000)^†	0^†
Change in due from affiliates	—	—	0^†	0^†	—	—	(247,963)^†	(108,510)^†
Net cash used in investing activities	(40,791,943)^†	(931,742)	(9,299,592)^†	(235,803)^†	(10,003,939)^†	(3,739,403)	(3,788,124)^†	(451,053)^†
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of long term debt	—	744,367	0^†	25,267,747^†	8,542,382^†	16,189,871	100,000,000^†	(26,946,891)^†
Nonrelated Party	—	—	—	—	—	—	131,790,461^†	14,738,218^†
Related Party	—	—	—	—	—	—	0^†	0^†
Debt issuance costs	—	—	—	—	—	(156,793)	—	—
Issuance of long term-debt, at fair value	—	—	638,769^†	—	—	—	31,790,461^†	—
Payment of discounts and financing costs	0^†	(682)	(82,106)^†	(1,018,280)^†	(218,016)^†	—	(5,588,109)^†	(198,534)^†
Repayment of debt	—	—	—	—	(8,297,742)^†	(38,415,464)	—	—
Nonrelated Party	—	(77,853,203)	(375,000)^†	—	—	—	(4,040,758)^†	—
Related Party	—	—	0^†	—	—	—	0^†	—
Repayment of debt, at fair value	—	—	(4,803,422)^†	—	—	—	0^†	—
Common stock issuance	—	—	0^†	0^†	—	—	89,702,400^†	0^†
Common stock issuance transaction costs	—	0	(1,661,778)^†	(1,811,502)^†	470,068^†	(470,068)	(7,115,543)^†	(1,483,627)^†
Repurchase of common stock	(9,905,385)^†	(14,453,988)	(5,539,553)^†	(3,192,124)^†	(35,051,781)^†	0	0^†	0^†
Capital distribution to former members	—	—	—	—	—	—	0^†	—
Transaction costs	—	—	—	—	(468,128)^†	0	0^†	0^†
Proceeds received from SPAC trust	—	—	—	—	—	—	0^†	—
Payment of Series A Convertible Preferred dividend	(93,750)^†	(93,750)	(193,750)^†	(93,750)^†	0^†	—	0^†	—
Related Party	—	—	0^†	—	—	—	0^†	—
Affiliated Entity	—	—	0^†	—	—	—	0^†	—
Warrant conversions	—	—	0^†	0^†	0^†	0	(1)^†	1,150^†
Net cash used in financing activities	(12,289,511)^†	(91,657,256)	(31,567,411)^†	44,570,334^†	(35,023,217)^†	(22,852,454)	208,305,757^†	(19,178,193)^†
NET DECREASE IN CASH AND CASH EQUIVALENTS	(13,821,557)^†	(902,585)	(48,306,621)^†	11,582,082^†	31,075,140^†	(88,182,551)	112,534,667^†	(71,914,214)^†
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD	37,209,747	38,112,332	86,418,953	74,836,871	43,761,731	131,944,282	19,409,615	91,323,829
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD	23,388,190	37,209,747	38,112,332	86,418,953	74,836,871	43,761,731	131,944,282	19,409,615
NON-CASH OPERATING, INVESTING, AND FINANCING ACTIVITIES:
Non-cash sale of life settlement policies, at fair value	—	—	0^†	—	—	—	10,662,784^†	—
Non-cash purchase of life settlement policies, at fair value	—	—	0^†	—	—	—	10,662,784^†	—
Non-cash consideration for business acquisition	—	—	0^†	—	—	—	0^†	—
Non-cash issuance of debt in connection with business acquisition	—	—	0^†	—	—	—	72,727,075^†	—
Non-cash issuance of common stock in connection with business acquisition	—	—	(25)^†	—	—	—	77,547,880^†	—
Non-cash investment in other investments	—	—	0^†	0^†	0^†	5,000,000	0^†	0^†
Non-cash issuance of stock	—	0	0^†	0^†	0^†	5,000,000	77,547,880^†	0^†
Non-cash investment in other investments	0^†	0	—	—	0^†	—	—	—
SUPPLEMENTAL DISCLOSURES:
Interest paid	7,537,957^†	9,167,637	9,396,533^†	11,911,096^†	7,357,218^†	5,372,786	3,764,589^†	3,215,413^†
Income taxes paid, net of refunds	—	—	3,487,435^†	5,700,000^†	0^†	0	(545,025)^†	0^†
Unrealized gain on equity investments	(660,511)^†	5,400,000	—	—	0^†	—	—	—
Non-cash gain on policy trades	—	—	0^†	—	—	—	(3,311,720)^†	—
Impairment loss on equity investments	0^†	(3,050,000)	—	—	0^†	—	—	—

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.