v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUES:        
Total revenues $ 73,019,990 $ 56,224,620 $ 132,410,278 $ 100,363,966
COST OF REVENUES (excluding depreciation and amortization stated below):        
Cost of revenue (including stock-based compensation) 9,064,451 6,054,644 15,371,836 13,163,051
Gross Profit 63,955,539 50,169,976 117,038,442 87,200,915
OPERATING EXPENSES:        
Sales and marketing 5,558,460 3,267,715 10,506,370 5,883,715
General and administrative (including stock-based compensation) 32,956,074 18,926,329 58,828,199 31,190,115
Gain on change in fair value of debt 0 0 0 (3,362,103)
Gain on equity securities, at fair value 0 272,254 0 0
Depreciation and amortization expense 3,962,445 5,184,083 7,896,531 9,942,629
Total operating expenses 42,476,979 27,650,381 77,231,100 43,654,356
Operating Income 21,478,560 22,519,595 39,807,342 43,546,559
OTHER INCOME (EXPENSE):        
Gain (loss) on change in fair value of warrant liability 0 4,183,000 0 (623,000)
Interest expense (8,311,904) (8,752,145) (18,765,496) (18,370,475)
Interest income 670,783 1,012,278 1,334,006 2,187,279
Other (expense) income, net (2,861,547) 2,718,172 (342,954) 2,673,648
Total other expense (10,502,668) (838,695) (17,774,444) (14,132,548)
Net income before provision for income taxes 10,975,892 21,680,900 22,032,898 29,414,011
Income tax expense 4,348,850 4,069,971 8,139,664 6,404,056
NET INCOME 6,627,042 17,610,929 13,893,234 23,009,955
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST 0 27,240 0 786,683
NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ 17,583,689 $ 13,893,234 $ 22,223,272
EARNINGS PER SHARE:        
Earnings per share - basic (in dollars per share) $ 0.07 $ 0.18 $ 0.14 $ 0.23
Earnings per share - diluted (in dollars per share) $ 0.07 $ 0.18 $ 0.14 $ 0.23
Weighted-average stock outstanding—basic (in shares) 95,319,635 94,690,195 96,574,532 95,437,545
Weighted-average stock outstanding—diluted (in shares) 98,457,545 97,372,470 99,755,998 97,801,477
Comprehensive income before non-controlling interests $ 6,627,042 $ 17,610,929 $ 13,893,234 $ 23,009,955
Net and comprehensive income attributable to non-controlling interests 0 27,240 0 786,683
COMPREHENSIVE INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. 6,627,042 17,583,689 13,893,234 22,223,272
Asset management | Nonrelated Party        
REVENUES:        
Total revenues 776,361 1,606,827 1,818,804 2,355,216
Asset management | Related Party        
REVENUES:        
Total revenues 6,439,292 7,155,049 13,855,993 14,179,737
Life solutions        
REVENUES:        
Total revenues 65,425,060 47,300,844 115,992,348 83,599,501
Life solutions | Nonrelated Party        
REVENUES:        
Total revenues 53,920,260 31,125,573 87,936,927 66,522,884
Life solutions | Related Party        
REVENUES:        
Total revenues 11,504,800 16,175,271 28,055,421 17,076,617
Technology services        
REVENUES:        
Total revenues $ 379,277 $ 161,900 $ 743,133 $ 229,512