Security
DMAQU · TruGolf Holdings, Inc.
DMAQUNASDAQUnitHistorical · closed Jan 31, 2024CIK 1857086Updated Sep 24, 2026
DMAQU price & chart
This listing closed Jan 31, 2024. Live provider charts are shown only for current listings.
Current security: TRUG
In the news
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Recent filings
Entry into a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 1.01, 5.02, 8.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01
Regulation FD Disclosure
Items 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Unregistered Sales of Equity Securities · Other Events
Items 3.01, 3.02, 8.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 20,181,136Source | 17,142,196Source | 9,776,747Source | 128,953,272Source |
| Property, Plant and Equipment, NetUSD | 355,499Source | 143,852Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 10,469,263Source | 10,882,077Source | — | 877,099Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,060,709Source | 1,399,153Source | — | — |
| Inventory, NetUSD | 863,257Source | 2,349,345Source | — | — |
| Assets, CurrentUSD | 15,478,305Source | 14,792,931Source | 9,776,747Source | 128,953,272Source |
| Operating Lease, Right-of-Use AssetUSD | 682,648Source | 634,269Source | — | — |
| Other Assets, NoncurrentUSD | 31,023Source | 31,023Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 15,880,753Source | 21,782,978Source | 7,222,569Source | 4,964,212Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 47,413,839Source | 18,548,931Source | — | — |
| Retained Earnings (Accumulated Deficit)USD | -41,076,500Source | -21,155,496Source | -6,440,634Source | -3,776,318Source |
| Stockholders' Equity Attributable to ParentUSD | 4,300,383Source | -4,640,781Source | -6,440,256Source | -3,775,940Source |
| Liabilities and EquityUSD | 20,181,136Source | 17,142,196Source | 9,776,747Source | 128,953,272Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 14,401,809Source | 15,775,168Source | 2,795,069Source | 536,712Source |
| Operating Lease, Liability, CurrentUSD | 502,526Source | 363,102Source | — | — |
| Accounts Payable, CurrentUSD | 2,767,385Source | 2,819,703Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 191,944Source | 305,125Source | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 1,060,709Source | 1,399,153Source | — | — |
| Accrued Liabilities, CurrentUSD | — | — | 866,500Source | 15,712Source |
| Deferred Revenue, CurrentUSD | 5,560,725Source | 3,113,010Source | — | — |
| Long-term DebtUSD | 2,824,000Source | 3,561,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -256,312Source | -173,512Source | — | — |
| Increase (Decrease) in InventoriesUSD | -1,486,088Source | 230,261Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | -52,318Source | 444,961Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | 3,349,600Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,698,381Source | -3,995,606Source | -1,036,436Source | -697,868Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,436,933Source | 741,143Source | 120,424,523Source | -127,765,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 205,443Source | 36,339Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 6,822,500Source | 8,738,976Source | -119,669,650Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,687,186Source | 5,484,513Source | -281,563Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 108,993Source | 923,975Source | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 11,139Source | 538,323Source | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | 359,037Source | 728,278Source | — | — |
| Capitalized Computer Software, AmortizationUSD | 1,137,950Source | 224,648Source | — | — |
| DepreciationUSD | 38,470Source | 76,794Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | 262,035Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -6,135,160Source | -270,594Source | — | — |
| General and Administrative ExpenseUSD | — | — | 1,907,122Source | 349,912Source |
| Income Tax Expense (Benefit)USD | — | — | 57,569Source | — |
| InterestExpenseNonoperatingUSD | 3,256,687Source | 6,932,618Source | — | — |
| Inventory Write-downUSD | 295,547Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -15,227,893Source | -8,795,419Source | -400,232Source | -414,045Source |
| Noncash Merger Related CostsUSD | — | — | — | 4,427,500Source |
| Nonoperating Income (Expense)USD | -9,125,539Source | -6,692,458Source | 1,824,459Source | — |
| Operating ExpensesUSD | 15,621,971Source | 16,690,313Source | 2,167,122Source | 409,912Source |
| Other Nonoperating Income (Expense)USD | 600Source | — | — | — |
| Payments to Acquire InvestmentsUSD | — | — | 1,365,000Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | 1,824,459Source | -4,133Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 18,878,997Source | 21,858,864Source | — |
| Cost of Goods and Services Sold | — | — | — |
| Selling, General and Administrative ExpenseUSD | 11,006,020Source | 6,669,684Source | — |
| Operating Income (Loss)USD | -6,102,354Source | -2,102,961Source | — |
| Other Nonoperating Income (Expense)USD | 600Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 274,139Source |
| Income Tax Expense (Benefit)USD | — | — | 57,569Source |
| Net Income (Loss) Attributable to ParentUSD | -15,227,893Source | -8,795,419Source | -400,232Source |
| Earnings Per Share, BasicUSD per share | -51.39Source | -0.76Source | — |
| Earnings Per Share, DilutedUSD per share | -51.39Source | -0.76Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 296,313Source | 11,634,761Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 296,313Source | 11,634,761Source | — |
| Interest Expense (non-operating)USD | 3,256,687Source | 6,932,618Source | — |
| Additional Financial Items | |||
| Capitalized Computer Software, AmortizationUSD | 1,137,950Source | 224,648Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,131,746Source | 301,442Source | — |
| Gain (Loss) on InvestmentsUSD | — | 262,035Source | — |
| General and Administrative ExpenseUSD | — | — | 1,907,122Source |
| Gross ProfitUSD | 9,519,617Source | 14,587,352Source | — |
| Interest ExpenseUSD | 663,014Source | 545,268Source | — |
| Interest Expense, DebtUSD | 0Source | 154,500Source | — |
| Interest Income (Expense), NetUSD | 265,708Source | 106,400Source | — |
| Labor and Related ExpenseUSD | 4,615,951Source | 9,314,415Source | — |
| Marketing and Advertising ExpenseUSD | 776,316Source | 736,744Source | — |
| Nonoperating Income (Expense)USD | -9,125,539Source | -6,692,458Source | 1,824,459Source |
| Operating ExpensesUSD | 15,621,971Source | 16,690,313Source | 2,167,122Source |
| Other ExpensesUSD | 5,650,242Source | 2,828,222Source | — |
Filing attachments
ex99-1.htm · 8-K · 2026-08-18
EX-99.1 7 ex99-1.htm EX-99.1 Exhibit 99.1 TruGolf Polymath Holdings, Inc. Research Inc. ───────────────────────────────────── JOINT NEWS RELEASE TruGolf to Acquire Polymath Research Inc., Bringing Tokenization Innovator to the Public Markets on Nasdaq Polymath to become one of the first Layer-1 Blockchain companies in the public markets on the NASDAQ Stock Exchange via a business combination with TruGolf Holdings, Inc., making institutional-grade tokenization access…
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