TRUG · XBRL financial data
TruGolf Holdings financial statements, every fiscal year
The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (TRUG's year ends in late December)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Revenue | — | — | 21,859 | — |
| Revenue from contracts with customers | — | — | 21,859 | 18,879 |
| Cost of revenue | — | — | 7,272 | 9,359 |
| Gross profit | — | — | 14,587 | 9,520 |
| Selling, general and administrative | — | — | 6,670 | 11,006 |
| General and administrative | 350 | 1,907 | — | — |
| Total operating expenses | 410 | 2,167 | 16,690 | 15,622 |
| Operating income (loss) | — | — | (2,103) | (6,102) |
| Interest expense | — | — | 545 | 663 |
| Other income (expense) | — | — | — | 1 |
| Income tax expense (benefit) | — | 58 | — | — |
| Net income (loss) | (414) | (400) | (8,795) | (15,228) |
| Earnings per share, basic USD per share | — | — | (0.76) | (51.39) |
| Earnings per share, diluted USD per share | — | — | (0.76) | (51.39) |
| Weighted average shares, basic thousands of shares | — | — | 11,635 | 296 |
| Weighted average shares, diluted thousands of shares | — | — | 11,635 | 296 |
- † Share count changed about 1/21 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (TRUG's year ends in late December)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | 877 | 596 | 10,882 | 10,469 |
| Accounts receivable | — | — | 1,399 | 1,061 |
| Inventory | — | — | 2,349 | 863 |
| Total current assets | 128,953 | 9,777 | 14,793 | 15,478 |
| Property and equipment, net | — | — | 144 | 355 |
| Right-of-use asset | — | — | 634 | 683 |
| Total assets | 128,953 | 9,777 | 17,142 | 20,181 |
| Accounts payable | — | — | 2,820 | 2,767 |
| Accrued liabilities | 16 | 867 | — | — |
| Total current liabilities | 537 | 2,795 | 15,775 | 14,402 |
| Lease liability, non-current | — | — | 305 | 192 |
| Total liabilities | 4,964 | 7,223 | 21,783 | 15,881 |
| Accumulated deficit | (3,776) | (6,441) | (21,155) | (41,077) |
| Total stockholders' equity | (3,776) | (6,440) | (4,641) | 4,300 |
| Total liabilities and equity | 128,953 | 9,777 | 17,142 | 20,181 |
| Common shares outstanding (cover page) thousands of shares | — | — | 29,882 | 1,395 |
- † Share count changed about 1/21 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (TRUG's year ends in late December)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Net income (loss) | (414) | (400) | (8,795) | (15,228) |
| Net cash from operating activities | (698) | (1,036) | (3,996) | (1,698) |
| Purchases of property and equipment | — | — | 36 | 205 |
| Net cash from investing activities | (127,765) | 120,425 | 741 | (3,437) |
| Net cash from financing activities | 128,840 | (119,670) | 8,739 | 6,823 |
| Net change in cash | 377 | (282) | 5,485 | 1,687 |
- † Share count changed about 1/21 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3949 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3949 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| TruGolf Holdings | 6,374 | 5,792 | (1,278)* | not reported | 5.0 quarters | 10-QJun 30, 2026 |
| Brownie's Marine Group | 714 | 2,378 | (154)* | 555.9M | 4.6 quarters | 10-Q/AJun 30, 2026 |
| Newton Golf Company | 442 | 1,316 | (1,720)* | 5.4M | 0.3 quarters | 10-QJun 30, 2026 |
| Solo Brands | 35,446 | 88,460 | 36,074* | 2.6M | — | 10-QJun 30, 2026 |
| Nocopi Technologies | 10,687 | 961 | 324* | 11.7M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.