Nuburu, Inc. balance sheet

At the end of fiscal 2025, Nuburu, Inc. had total assets of $49.8m, total liabilities of $65.0m and shareholders' equity of −$15.2m. It held $24.7m in cash against $51.3m of debt: net debt of $26.7m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nuburu, Inc.: balance sheet, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	3	2	0	25	1
Receivables	0	0	0	0	0
Inventory	1	1	2	—	0
Total current assets	8	4	2	46	32
Goodwill	—	—	—	—	19
Total assets	13	11	7	50	69
Accounts payable	4	5	6	2	3
Deferred revenue (current)	0	0	0	0	0
Total current liabilities	30	10	21	61	51
Short-term debt	—	—	—	26	31
Long-term debt	23	9	9	25	32
Total debt	23	11	18	51	31
Total liabilities	30	19	21	65	58
Shareholders' equity	−17	−33	−38	−15	10
Non-controlling interests and other (assets − liabilities − equity)	—	24	24	—	—
Net debt (negative = net cash)	20	9	18	27	30
Shares outstanding	6m	—	—	35m	6m

US$ millions unless shown otherwise. Fiscal quarters.

Nuburu, Inc.: balance sheet, quarterly
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	0
Inventory	2	2	—	0	0	—	0	0
Total current assets	2	2	1	2	11	46	36	32
Goodwill	—	—	—	—	—	—	19	19
Total assets	8	7	1	2	13	50	76	69
Accounts payable	6	6	6	5	4	2	3	3
Deferred revenue (current)	0	0	0	0	0	0	0	0
Total current liabilities	15	21	40	44	42	61	63	51
Short-term debt	—	—	—	—	—	26	40	31
Long-term debt	9	9	—	—	—	25	40	32
Total debt	9	9	—	—	—	51	79	63
Total liabilities	20	21	40	47	67	65	73	58
Shareholders' equity	−36	−38	−39	−45	−54	−15	2	10
Non-controlling interests and other (assets − liabilities − equity)	24	24	—	—	—	—	—	—
Shares outstanding	6m	4m	49m	70m	209m	2m	155m	6m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Nuburu, Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nuburu, Inc.