Brand Engagement Network Inc. balance sheet
At the end of fiscal 2025, Brand Engagement Network Inc. had total assets of $15.3m, total liabilities of $11.8m and shareholders' equity of $3.5m. It held $172,124 in cash against $1.3m of debt: net debt of $1.2m.
Balance sheet
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Cash and equivalents | 2 | 0 | 0 | 1 |
| Receivables | 0 | 0 | 0 | — |
| Total current assets | 2 | 1 | 2 | 3 |
| Goodwill | — | — | — | 11 |
| Total assets | 22 | 18 | 15 | 31 |
| Accounts payable | 1 | 6 | 5 | 3 |
| Deferred revenue (current) | 0 | 0 | — | — |
| Total current liabilities | 3 | 14 | 11 | 9 |
| Short-term debt | 0 | 2 | 1 | 0 |
| Long-term debt | — | — | — | 0 |
| Total debt | 0 | 2 | 1 | 0 |
| Total liabilities | 4 | 16 | 12 | 11 |
| Shareholders' equity | 18 | 3 | 3 | 19 |
| Net debt (negative = net cash) | −1 | 2 | 1 | −0 |
| Shares outstanding | — | — | — | 7m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Total current assets | 1 | 1 | 2 | 2 | 2 | 2 | 4 | 3 |
| Goodwill | — | — | — | — | — | — | — | 11 |
| Total assets | 32 | 18 | 18 | 17 | 16 | 15 | 16 | 31 |
| Accounts payable | 5 | 6 | 7 | 5 | 5 | 5 | 3 | 3 |
| Deferred revenue (current) | 0 | 0 | — | — | — | — | — | — |
| Total current liabilities | 13 | 14 | 14 | 10 | 12 | 11 | 8 | 9 |
| Short-term debt | 1 | 2 | 1 | 2 | 3 | 1 | 0 | 0 |
| Long-term debt | — | — | — | — | — | — | — | 0 |
| Total debt | 1 | 2 | 1 | 2 | 3 | 1 | 0 | 0 |
| Total liabilities | 14 | 16 | 15 | 11 | 13 | 12 | 9 | 11 |
| Shareholders' equity | 18 | 3 | 3 | 6 | 3 | 3 | 7 | 19 |
| Shares outstanding | 38m | 34m | 43m | 44m | 45m | 6m | 6m | 7m |
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