v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Revenues $ 22,652,885 $ 19,972,239
Costs and expenses:    
Cost of revenues 16,706,177 14,934,962
Selling, general and administrative expenses 15,145,429 12,320,295
Loss on impairment 2,403,628 181,853
Total costs and expenses 34,255,234 27,437,110
Loss from operations (11,602,349) (7,464,871)
Other income (expense):    
Interest expense (2,714,048) (1,431,354)
Loss on extinguishment of debt (1,645,443) (370,320)
Gain on extinguishment of debt 2,257,638 0
Change in fair value of convertible debt (1,707,747) 25,446
Change in fair value of contingent consideration (59,723) 0
Change in fair value of derivative liabilities (187,428) 0
Change in fair value of forward purchase agreement (8,254,390) 0
Day one gain on issuance of SEPA 134,886 0
Gain on forward purchase agreement modification 1,453,891 0
Loss on forward purchase agreement modification (266,655)  
Other expense (34,413) 0
Other income 117,573 42,245
Total other expense, net (10,905,859) (1,733,983)
Net loss (22,508,208) (9,198,854)
Less: net income (loss) attributable to noncontrolling interests 57,540 (49,188)
Net loss attributable to ConnectM Technology Solutions, Inc. (22,565,748) (9,149,666)
Other comprehensive income (loss):    
Foreign currency translation adjustment 51,383 97,613
Comprehensive loss before noncontrolling interests (22,514,365) (9,052,053)
Less: comprehensive loss (income) attributable to noncontrolling interests 57,540 (49,188)
Comprehensive loss attributable to ConnectM Technology Solutions, Inc. $ (22,571,905) $ (9,002,865)
Weighted average shares outstanding of Common Stock, basic (in shares) 19,071,591 13,338,437
Weighted average shares outstanding of Common Stock, diluted ( in shares) 19,071,591 13,338,437
Basic net loss per share, Common Stock ( in dollars per share) $ (1.18) $ (0.69)
Diluted net loss per share, Common Stock ( in dollars per share) $ (1.18) $ (0.69)