TRUG · TruGolf Holdings, Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“The Company anticipates that it will continue to incur operating losses as it executes its development plans for 2026, as well as other potential strategic and business development initiatives. In addition, the Company has had and expects to have negative cash flows from operations, at least into the near future. The Company has previously funded, and plans to continue funding, these losses primarily with the sale of equity and convertible notes, although no assurances can be given that such financing will be available on acceptable terms or at all. The accompanying unaudited condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| $20.14M | $18.88M | $21.86M | — | — | |
| $246.62K | $265.71K | $106.4K | — | — | |
| $9.69M | $9.36M | $7.4M | — | — | |
| $10.46M | $9.52M | $13.88M | — | — | |
| — | 50.42% | 63.5% | — | — | |
| $1.71M | — | — | $1.91M | $348.74K | |
| $11.28M | $11.01M | $6.67M | — | — | |
| $1.52M | $1.13M | $301.44K | — | — | |
| $14.97M | $15.62M | $15.98M | $2.17M | $409.91K | |
| -$4.51M | -$6.1M | -$2.1M | — | — | |
| — | -32.32% | -9.62% | — | — | |
| -$2.99M | -$4.97M | -$1.8M | — | — | |
| -$1.87M | $663.01K | $545.27K | — | — | |
| -$6.62M | -$9.13M | -$6.69M | $1.82M | -$4133 | |
| — | — | $262.04K | — | — | |
| — | — | — | $274.14K | — | |
| — | — | — | $57.57K | — | |
| -$11.13M | -$15.23M | -$8.8M | -$400.23K | -$414.05K | |
| — | -80.66% | -40.24% | — | — | |
| — | -$15.23M | -$8.79M | — | — | |
| USD/shares | -$56.40 | -$513.90 | -$3,779.80 | — | — |
| USD/shares | -$56.40 | -$513.90 | -$3,779.80 | — | — |
| shares | — | 29.63K | 2327 | — | — |
| shares | — | 29.63K | 2327 | — | — |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2026-06-30 | USD 293,132 | 10-Q filed 2026-08-14 |
| Long-term debt, including current maturities | 2026-06-30 | USD 2,100,000 | 10-Q filed 2026-08-14 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Noncurrent operating lease liabilities | 2026-06-30 | USD 136,361 | 10-Q filed 2026-08-14 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Golf Simulators | $14,681,994 | $13,708,760 | $11,969,498 |
| Content Software Subscriptions | $3,710,245 | $7,852,699 | $8,493,368 |
| Other | $473,633 | $297,405 | $120,985 |
| Franchise Revenue | $13,125 | — | — |