On August 15, 2025, Newsmax Media, Inc. and Newsmax Broadcasting, LLC entered into a settlement agreement with Dominion Voting Systems, Inc. and certain of its affiliates (“Dominion”), pursuant to which such parties agreed to resolve the lawsuit among them for a total amount of $67.0 million. The payments are payable in three installments: (1) $27.0 million paid on August 15, 2025; (2) $20.0 million paid on January 15, 2026; and (3) $20.0 million on or before January 15, 2027. The $20.0 million payable on or before January 15, 2027 is recorded within settlement liability on the unaudited condensed consolidated balance sheet. As of August 13, 2026 the outstanding balance of the settlement is $20.0 million.

In 2023, the Company entered into a settlement agreement with a commercial counterparty for $41.3 million. As of June 30, 2026, and pursuant to the payment schedule associated with this settlement agreement, the Company has a total of $27.0 million remaining to be paid over time. The fair value of the settlement agreement as of June 30, 2026 and June 30, 2025 was $23.2 million and $26.7 million, respectively, which assumes a discount rate of 9.75% and making quarterly payments for 36 and 48 months, respectively. The fair value measurement is disclosed for information purposes and is not reflected in the carrying amount. As of August 13, 2026 the outstanding balance of the settlement is $27.0 million.