v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current assets    
Cash and cash equivalents $ 25,927,462 $ 21,386,140
Accounts receivable 40,832,075 37,848,611
Current portion of royalty advances 16,368,968 15,182,463
Other current assets 9,409,757 4,867,081
Total current assets 92,538,262 79,284,295
Intangible assets, net 788,740,821 719,673,219
Equity method and other investments 2,830,766 1,100,000
Royalty advances, net of current portion and reserves 54,128,586 55,508,155
Property and equipment, net 661,986 406,784
Operating lease right of use assets, net 7,889,862 5,949,418
Fair value of swap assets 1,356,878 1,828,303
Other assets 1,529,920 1,376,836
Total assets 949,677,081 865,127,010
Current liabilities    
Accounts payable and accrued liabilities 4,116,221 5,394,755
Royalties payable 52,323,565 47,210,727
Accrued payroll 2,672,350 2,588,758
Deferred revenue 2,472,734 1,885,462
Other current liabilities 3,408,651 7,954,208
Income taxes payable 547,932 803,342
Total current liabilities 65,541,453 65,837,252
Secured line of credit 455,705,468 388,134,754
Deferred tax liability 41,786,064 38,228,099
Operating lease liabilities, net of current portion 7,445,152 5,723,930
Fair value of swap liability 289,543 410,008
Other liabilities 345,149 593,185
Total liabilities 571,112,829 498,927,228
Contingencies and commitments (Note 16)
Shareholders' Equity    
Preferred stock, $0.0001 par value 75,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2026 and 2025
Common stock, $0.0001 par value; 750,000,000 shares authorized, 65,602,509 issued and outstanding at March 31, 2026; 65,239,735 issued and outstanding at March 31, 2025 6,561 6,524
Additional paid-in capital 346,933,189 344,145,789
Retained earnings 31,450,234 23,147,570
Accumulated other comprehensive loss (670,772) (2,422,107)
Total Reservoir Media, Inc. shareholders' equity 377,719,212 364,877,776
Noncontrolling interest 845,040 1,322,006
Total shareholders' equity 378,564,252 366,199,782
Total liabilities and shareholders' equity $ 949,677,081 $ 865,127,010