Castellum, Inc. (CTM) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1934 OLD GALLOWS ROAD VIENNA, VA 22182 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 12,005 | 1,831 | 4,641 | |||
| Cash and cash equivalent | 12,005 | 1,831 | 4,641 | |||
| Receivables | 5,507 | 6,884 | 5,194 | |||
| Prepaid expense | 155 | 217 | 351 | |||
| Contract with customer, asset, after allowance for credit loss | 270 | 161 | 257 | |||
| Other undisclosed current assets | 954 | 404 | 223 | |||
| Total current assets: | 18,891 | 9,496 | 10,666 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 1,076 | 613 | 36 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 156 | 310 | 173 | |||
| Long-term investments and receivables | 52 | |||||
| Long-term investments | 52 | |||||
| Intangible asset, including goodwill, after accumulated amortization | 17,471 | 19,688 | 22,168 | |||
| Goodwill | 10,677 | 10,717 | 15,534 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 6,794 | 8,971 | 6,634 | |||
| Disposal group, including discontinued operation, noncurrent assets | 191 | |||||
| Total noncurrent assets: | 18,946 | 20,611 | 22,377 | |||
| TOTAL ASSETS: | 37,837 | 30,107 | 33,043 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 1,140 | 785 | 1,618 | |||
| Accrued liabilities | 3,398 | 2,925 | 1,870 | |||
| Other undisclosed accounts payable and accrued liabilities | (2,258) | (2,140) | (252) | |||
| Debt | 2,240 | 975 | 2,333 | |||
| Derivative instruments and hedges, liabilities | 883 | 158 | 824 | |||
| Business combination, contingent consideration, liability | 380 | 812 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 280 | ||
| Other undisclosed current liabilities | 5,561 | 5,680 | 1,892 | |||
| Total current liabilities: | 9,825 | 7,977 | 7,759 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 100 | 6,340 | ||||
| Long-term debt, excluding current maturities | 100 | 6,340 | ||||
| Liabilities, other than long-term debt | 781 | 781 | 413 | |||
| Deferred income tax liabilities | 6 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 400 | ||
| Operating lease, liability | 781 | 435 | 13 | |||
| Business combination, contingent consideration, liability | 340 | |||||
| Other undisclosed noncurrent liabilities | 6,950 | 8,400 | 999 | |||
| Total noncurrent liabilities: | 7,831 | 9,181 | 7,753 | |||
| Total liabilities: | 17,655 | 17,159 | 15,511 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 20,182 | 12,949 | 17,532 | |||
| Common stock | 8 | 5 | 4 | |||
| Additional paid in capital | 74,256 | 56,926 | 43,622 | |||
| Accumulated deficit | (54,082) | (43,983) | (26,095) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | |||
| Total equity: | 20,182 | 12,949 | 17,532 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,837 | 30,107 | 33,043 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|---|
| Revenues | 44,765 | 45,244 | 42,191 | ||
| Cost of revenue | (26,498) | (26,568) | (24,593) | ||
| Gross profit: | 18,266 | 18,675 | 17,597 | ||
| Operating expenses | (25,511) | (35,344) | (27,561) | ||
| Operating loss: | (7,245) | (16,669) | (9,964) | ||
| Nonoperating income (expense) | (2,668) | (2,388) | (4,125) | ||
| Investment income, nonoperating | (726) | (132) | |||
| Interest and debt expense | (187) | (1,399) | (1,536) | ||
| Loss from continuing operations before equity method investments, income taxes: | (10,100) | (20,457) | (15,624) | ||
| Other undisclosed income from continuing operations before income taxes | 187 | 1,399 | 1,536 | ||
| Loss from continuing operations before income taxes: | (9,912) | (19,057) | (14,088) | ||
| Income tax expense (benefit) | (68) | 1,257 | (820) | ||
| Net loss attributable to parent: | (9,980) | (17,800) | (14,908) | ||
| Preferred stock dividends and other adjustments | (119) | (118) | (101) | ||
| Net loss available to common stockholders, diluted: | (10,100) | (17,918) | (15,009) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|---|
| Net loss: | (9,980) | (17,800) | (14,908) | ||
| Comprehensive loss, net of tax, attributable to parent: | (9,980) | (17,800) | (14,908) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.