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Company research

Mega Matrix Inc

CIK 1953021Updated Sep 24, 2026

Name history
Mega Matrix Inc · through Sep 10, 2026MarsProtocol Inc. · through Sep 11, 2023

MPU price & chart

Provider market data

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Financials

FY 2025 · USD
Revenue26,105,600USD · FY 2025
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Net income-34,296,300USD · FY 2025
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Operating income-28,930,500USD · FY 2025
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Diluted EPS-0.75USD per share · FY 2025
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023
ASSETS
AssetsUSD22,427,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

19,462,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

13,341,400
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

GoodwillUSD2,889,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

2,889,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

Intangible Assets, Net (Excluding Goodwill)USD113,500
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

183,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD7,297,400
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

8,870,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

3,129,800
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Accounts Receivable, after Allowance for Credit Loss, CurrentUSD508,800
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

422,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

Assets, CurrentUSD17,667,400
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

14,908,500
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

11,570,600
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Prepaid Expense and Other Assets, CurrentUSD2,352,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

3,175,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

489,700
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD4,355,500
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

5,354,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

2,941,600
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD78,637,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

40,405,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

27,822,200
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Retained Earnings (Accumulated Deficit)USD-60,633,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

-26,337,600
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

-17,454,200
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Stockholders' Equity Attributable to ParentUSD18,071,800
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

14,108,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

10,399,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2023-12-31

Liabilities and EquityUSD22,427,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

19,462,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

13,341,400
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Current liabilities:
Accounts Payable, CurrentUSD775,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

1,000,500
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

Additional Financial Items
Deferred Tax Liabilities, NetUSD5,700
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-34,296,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-10,503,700
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-4,680,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
Share-based Payment Arrangement, Noncash ExpenseUSD10,725,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

146,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

237,700
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD86,000
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

99,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Increase (Decrease) in Accounts PayableUSD-225,100
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

957,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Deferred Income Tax Expense (Benefit)USD-277,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-9,905,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

4,121,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-3,001,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD-118,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Investing ActivitiesUSD-1,588,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-1,885,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-4,832,500
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD9,921,100
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

3,504,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

3,700,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD7,297,400
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

8,870,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

3,129,800
Source

6-K · 2024-11-12 · 0001213900-24-096275

As of 2023-12-31

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD-1,500,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Additional Financial Items
Gain (Loss) on InvestmentsUSD-25,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

General and Administrative ExpenseUSD30,943,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

10,082,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

5,236,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

GoodwillUSD2,889,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

As of 2025-12-31

2,889,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

As of 2024-12-31

Income (Loss) from Equity Method InvestmentsUSD-300
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-19,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-75,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD1,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-275,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

87,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

InterestExpenseNonoperatingUSD-101,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-131,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-34,296,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-8,883,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-4,065,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to Noncontrolling InterestUSD-1,620,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-615,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Nonoperating Income (Expense)USD-5,364,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

839,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

671,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Operating ExpensesUSD43,325,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

32,637,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

5,264,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Other Nonoperating Income (Expense)USD60,000
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

35,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

58,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Proceeds from Contributed CapitalUSD88,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Revenue from Contract with Customer, Including Assessed TaxUSD26,105,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023
Total RevenueUSD26,105,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

36,184,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Cost of Goods and Services Sold
Operating Income (Loss)USD-28,930,500
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-11,618,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-5,264,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Other Nonoperating Income (Expense)USD60,000
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

35,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

58,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-34,294,700
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-10,779,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-4,593,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD1,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-275,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

87,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to Noncontrolling InterestUSD-1,620,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-615,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-34,296,300
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-8,883,400
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-4,065,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Earnings Per Share, BasicUSD per share-0.75
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-0.23
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-0.13
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Earnings Per Share, DilutedUSD per share-0.75
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-0.23
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-0.13
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Basicshares45,723,613
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

37,998,749
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

31,323,124
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares45,723,613
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

37,998,749
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

31,323,124
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Interest Expense (non-operating)USD-101,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-131,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD1,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

1,600
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

87,100
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Depreciation, Depletion and Amortization, NonproductionUSD4,995,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

4,599,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Gain (Loss) on InvestmentsUSD-25,900
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

General and Administrative ExpenseUSD30,943,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

10,082,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

5,236,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Gross ProfitUSD14,395,100
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

21,019,500
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD5,500,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

5,600,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Income (Loss) from Equity Method InvestmentsUSD-300
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

-19,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

-75,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Nonoperating Income (Expense)USD-5,364,200
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

839,300
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

671,800
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Operating ExpensesUSD43,325,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

32,637,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

5,264,900
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Other ExpensesUSD3,500
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

Other IncomeUSD58,200
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Revenue from Contract with Customer, Including Assessed TaxUSD26,105,600
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

Selling ExpenseUSD12,382,400
Source

20-F · 2026-04-16 · 0001213900-26-044335

2025-01-01 to 2025-12-31

22,555,700
Source

20-F · 2025-03-28 · 0001013762-25-003608

2024-01-01 to 2024-12-31

28,000
Source

20-F · 2025-03-28 · 0001013762-25-003608

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.