← Grindr Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value — — $8.7m $27.6m $59.2m $87.0m
Prepaid Expense and Other Assets, Current — — $7.6m $4.2m $2.7m $5.1m
Cash and cash equivalents — $15.8m $8.7m $27.6m $59.2m $87.0m
Accounts receivable, net of allowances of $15 and $39 at December 31, 2025 and December 31, 2024, respectively — $17.9m $22.4m $33.9m $49.6m $67.9m
Prepaid expenses $262k $124k $7.6m $4.2m $2.7m $5.1m
Other current assets — $3.3m $750k $2.4m $1.7m $1.3m
Accounts Receivable, after Allowance for Credit Loss — — $22.4m $33.9m $49.6m $67.9m
Assets, Current — $141k $43.2m $71.8m $117.0m $166.0m
Total current assets $1.4m $141k $43.2m $71.8m $117.0m $166.0m
Capitalized software development costs, net — $3.6m $7.4m $7.4m $8.8m $13.0m
Property, Plant and Equipment, Net — $2.4m $2.0m $1.6m $1.7m $1.2m
Goodwill — $258.6m $275.7m $275.7m $275.7m $275.7m
Intangible Assets, Net (Excluding Goodwill) — — $104.5m $82.3m $69.9m $65.8m
Intangible assets, net — $139.7m $104.5m $82.3m $69.9m $65.8m
Operating Lease, Right-of-Use Asset — — $4.5m $3.4m $3.1m $4.7m
Other Assets, Noncurrent — — $64k $1.0m $1.2m $4.0m
Right-of-use assets — $0 $4.5m $3.4m $3.1m $4.7m
Other assets — $84k $64k $1.0m $1.2m $4.0m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — $22.4m $33.9m $49.6m $67.9m
Accrued Liabilities, Current — $559k — — — —
Deferred charges — $4.6m $3.7m $3.6m $3.8m $4.7m
Restricted cash — $1.4m $1.4m $1.4m $605k $605k
Deferred tax asset — — — $0 $1.2m $0
Accrued expenses and other current liabilities — $3.5m $15.7m $22.9m $29.6m $39.0m
Deferred revenue — $20.1m $18.6m $19.2m $20.0m $24.3m
Warrant liability — $0 $17.9m $67.6m $252.2m $0
Lease liability — $0 $3.7m $2.2m $963k $2.6m
Other non-current liabilities — $2.4m $327k $2.1m $14.1m $19.3m
Total stockholders’ equity (deficit) — $263.2m $4.1m ($18.3m) ($131.6m) $47.0m
Assets — $284.5m $438.8m $444.6m $479.1m $531.0m
Total assets $280.2m $284.5m $438.8m $444.6m $479.1m $531.0m
LIABILITIES AND EQUITY
Total liabilities and stockholders’ equity (deficit) $280.2m $284.5m $438.8m $444.6m $479.1m $531.0m
Current liabilities:
Operating Lease, Liability, Current — — $1.1m $1.4m $2.4m $2.2m
Accounts Payable, Current — $2.4m $5.4m $3.5m $3.3m $1.7m
Operating Lease, Liability, Noncurrent — — $3.7m $2.2m $963k $2.6m
Long-term Debt, Excluding Current Maturities — $3.8m $338.5m $325.6m $275.6m $375.9m
Dividends Payable — — — $0 — —
Long-term Debt, Current Maturities — $3.8m $22.2m $15.0m $15.0m $20.0m
Current maturities of long-term debt, net — $3.8m $22.2m $15.0m $15.0m $20.0m
Liabilities, Current — $559k $61.9m $60.6m $67.8m $84.9m
Total current liabilities $64k $559k $61.9m $60.6m $67.8m $84.9m
Deferred Income Tax Liabilities, Net — — $12.5m $4.7m $0 $1.4m
Other Liabilities, Noncurrent — — $327k $2.1m $14.1m $19.3m
Long-term debt, net — $133.3m $338.5m $325.6m $275.6m $375.9m
Deferred tax liability — $20.9m $12.5m $4.7m $0 $1.4m
Deferred Tax Liabilities, Net — — $12.5m $4.7m — $1.4m
Liabilities $41.3m $36.4m $434.8m $462.9m $610.7m $484.0m
Total liabilities $9.7m $36.4m $434.8m $462.9m $610.7m $484.0m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $822 $690 $17k $18k $18k $18k
Additional Paid in Capital $0 $0 $9.1m $44.7m $74.5m $144.0m
Retained Earnings (Accumulated Deficit) ($39.4m) ($36.2m) ($5.0m) ($60.8m) ($191.8m) ($97.1m)
Preferred stock, par value $0.0001; 100,000,000 shares authorized; none issued and outstanding at December 31, 2025 and December 31, 2024, respectively 0 0 0 0 0 0
Common stock, par value $0.0001; 1,000,000,000 shares authorized; 185,034,502 and 177,193,667 shares outstanding; 185,034,502 and 178,567,403 shares issued at December 31, 2025 and December 31, 2024, respectively 822 690 17k 18k 18k 18k
Treasury stock — — $0 ($2.2m) ($14.3m) $0
Accumulated deficit ($110k) ($36.2m) ($5.0m) ($60.8m) ($191.8m) ($97.1m)
Stockholders' Equity Attributable to Parent ($39.4m) ($36.2m) — — — —
Liabilities and Equity — $284.5m $438.8m $444.6m $479.1m $531.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.