v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 2,471,782 $ 2,904,430
Accounts receivable - net of allowance for credit loss 3,064,131 3,066,626
Contract asset 145,341 303,910
Inventories, net 594,024 633,798
Prepaid expenses and other current assets 2,173,589 1,261,794
Total current assets 8,448,867 8,170,558
Right-of-use asset - operating lease 103,371 215,385
Right-of-use asset - finance lease 30,936 54,147
Property and equipment, net 19,474,465 20,330,688
Goodwill 2,287,466 5,216,788
Intangible assets, net 2,070,387 2,182,558
Equity method investments 7,406,523  
Total Assets 39,822,015 36,170,124
Current liabilities    
Accounts payable 7,075,064 7,219,261
Accrued expenses and other current liabilities 2,504,664 2,350,393
Contingent consideration liability 1,534,558 1,441,164
Debt, net of debt discount 8,530,688 7,098,279
Convertible debt, at fair value 6,593,923 5,321,303
Derivative liabilities 292,677 234,389
Deferred consideration   396,850
Operating lease liability 67,107 94,340
Finance lease liability 54,614 58,398
Contract liabilities 1,644,081 772,013
3(a)(10) Settlement Agreement, at fair value 3,687,000 3,634,000
Other payable   250,000
Deferred tax liabilities 3,887,472 4,039,514
Total current liabilities 35,871,848 32,909,904
Debt, net of current portion 1,698,310 1,180,273
Operating lease liabilities, net of current portion 40,761 130,509
Finance lease liabilities, net of current portion 17,057 43,749
Contingent consideration liability, net of current portion 236,832 330,226
Total liabilities 37,864,808 34,594,661
Commitments and Contingencies (Note 11)
Stockholders' Deficit:    
Preferred stock Series A, $0.0001 par value, 10,000,000 shares authorized as of March 31, 2026 and December 31, 2025 no shares issued or outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 250,000,000 shares authorized as of March 31, 2026 and December 31, 2025, 5,312,911 and 4,789,230 issued and outstanding as of March 31, 2026 and December 31, 2025 respectively 531 479
Additional paid-in-capital 67,775,494 60,164,021
Accumulated deficit (68,616,894) (61,671,149)
Accumulated other comprehensive loss (580,369) (20,333)
Total ConnectM Technology Solutions, Inc.'s stockholders' deficit (1,421,238) (1,526,982)
Non-controlling interest 3,378,445 3,102,445
Total stockholders' deficit 1,957,207 1,575,463
Total liabilities and stockholders' deficit $ 39,822,015 $ 36,170,124