v3.26.1
Consolidated Balance sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 41,306,358 $ 37,969,454
Inventories 474,467 225,283
Prepaid expenses and other current assets 2,546,523 850,951
Total current assets 44,327,348 39,045,688
Other assets    
Property and equipment, net 305,947,277 137,215,936
Intangible assets, net 144,558 211,276
Operating lease right-of-use assets, net 17,397,009 1,351,600
Security and other deposits 183,582 43,015
Total other assets 326,227,687 139,371,827
Total assets 370,555,035 178,417,515
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 25,129,485 7,283,033
Accrued expenses 27,847,751 3,556,819
Accrued payroll and payroll taxes 577,360 262,387
Deferred revenue 1,542,564 1,528,159
Current portion of convertible debt 9,433,313
Current portion of operating lease liabilities 605,261 364,244
Current portion licensing liability 223,333
Current portion NNN firesuite liability 1,026,300
Current portion of long-term debt 400,108 2,101,501
Total current liabilities 57,352,162 24,529,456
Long-term portion of operating lease liabilities 16,886,027 1,020,604
Long-term licensing liability and other liabilities 8,951,600 7,950,000
Long-term convertible debt 1,907,530
Long-term NNN firesuite liability 30,038,214
Long-term debt, net of current portion 56,568,151 14,100,217
Total liabilities 171,703,684 47,600,277
Commitments and contingencies - See Note 16
Stockholders’ Equity    
Additional paid-in capital 222,052,687 144,546,368
Accumulated deficit (91,454,930) (47,361,208)
 Stockholders' Equity before Treasury Stock 130,641,022 97,223,011
Treasury Stock, at cost - 752,435 shares at December 31, 2025 and 276,245 shares at December 31, 2024 (7,899,600) (1,500,076)
Total Venu Holding Corporation and subsidiaries equity 122,741,422 95,722,935
Non-controlling interest 65,984,929 35,094,303
Total stockholders’ equity 188,726,351 130,817,238
Total liabilities and stockholders’ equity 370,555,035 178,417,515
Contingently Redeemable Convertible Cumulative Preferred Stock [Member]    
Mezzanine Equity    
Contingently Redeemable Convertible Cumulative Series B Preferred Stock, $0.001 par - 1,342 authorized, 675 issued and outstanding at December 31, 2025 and 0 authorized, issued and outstanding at December 31, 2024 10,125,000
Common Shares [Member]    
Stockholders’ Equity    
Common stock, value 42,961 37,472
Common Class B [Member]    
Stockholders’ Equity    
Common stock, value 304 379
Eight Brewing [Member]    
Other assets    
Investment 1,999,999
Related Party [Member]    
Other assets    
Investment $ 555,262 $ 550,000