v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 14,259,168 $ 8,568,164
Restricted cash and cash equivalents 187,000 187,000
Prepaid expenses – related party 2,647,267 2,700,474
Prepaid expenses and other current assets 1,485,655 2,232,485
Prepaid taxes 904,099 4,734,007
Total current assets 28,797,798 31,058,236
Restricted cash and cash equivalents, net of current portion 1,748,000 1,748,000
Prepaid expenses – related party, net of current portion 8,229,767 8,282,974
Property and equipment, net 4,133,441 4,146,175
Other noncurrent assets, net 836,060 604,793
Operating lease right-of-use assets, net 4,581,907 4,722,366
Total assets 56,841,764 59,307,138
Current Liabilities:    
Accrued expenses and other liabilities 3,267,643 3,364,150
Interest payable – related parties 527,770 527,770
Convertible notes at fair value 2,382,255 3,842,189
Current portion of long-term debt 1,329,123 1,305,880
Current portion of deferred revenue 14,533,507 14,799,840
Current portion of operating lease liabilities 441,316 393,448
Total current liabilities 48,038,103 49,806,622
Accrued expenses 625,354 468,106
Revolving loan 2,500,000 5,000,000
Long-term debt, net of current portion 3,974,176 4,292,538
Deferred revenue, net of current portion 17,190,514 17,282,685
Operating lease liabilities, net of current portion 4,234,747 4,336,240
Total liabilities 76,562,894 81,186,191
Commitments and contingencies
Stockholders’ Deficit:    
Additional paid-in capital 26,967,992 26,923,115
Accumulated other comprehensive loss (296,562) (275,049)
Accumulated deficit (37,217,804) (39,352,510)
Treasury stock at cost (1,350,275 shares as of March 31, 2026 and December 31, 2025) (3,671,806) (3,671,806)
Total Snail, Inc. deficit (14,214,264) (16,372,337)
Noncontrolling interests (5,506,866) (5,506,716)
Total stockholders’ deficit (19,721,130) (21,879,053)
Total liabilities, noncontrolling interests and stockholders’ deficit 56,841,764 59,307,138
Common Class A [Member]    
Stockholders’ Deficit:    
Common stock, value 1,041 1,038
Common Class B [Member]    
Stockholders’ Deficit:    
Common stock, value 2,875 2,875
Nonrelated Party [Member]    
Current Assets:    
Accounts receivable, net of allowances for credit losses of $523,500 as of March 31, 2026 and December 31, 2025 9,206,357 12,528,347
Current Liabilities:    
Accounts payable 3,907,540 5,506,332
Nonrelated Party [Member] | Other Intangible Assets [Member]    
Current Assets:    
Intangible assets, net 3,848,124 3,827,927
Related Party [Member]    
Current Assets:    
Loan and interest receivable – related party 108,252 107,759
Current Liabilities:    
Accounts payable 21,648,949 20,067,013
Related Party [Member] | Other Intangible Assets [Member]    
Current Assets:    
Intangible assets, net $ 4,666,667 $ 4,916,667