Society Pass Incorporated (SOPA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
80 ROBINSON ROAD, #17-01B SINGAPORE, 068898 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,219 | 7,092 | 7,630 | 4,220 | 834 | 1,619 | |||
| Cash and cash equivalent | 8,219 | 7,092 | 7,630 | 4,220 | 834 | 1,619 | |||
| Restricted cash and investments | 50 | 834 | |||||||
| Receivables | 2,377 | 2,852 | 2,833 | 3,316 | 776 | 1,338 | |||
| Inventory, net of allowances, customer advances and progress billings | 128 | 163 | 158 | 294 | 293 | 380 | |||
| Inventory | 128 | 163 | 158 | 294 | 293 | 380 | |||
| Prepaid expense | 4,381 | 1,598 | 1,014 | 594 | |||||
| Contract with customer, asset, after allowance for credit loss | 327 | 336 | 333 | 607 | 530 | 120 | |||
| Deposits current assets | 7,103 | 4,059 | 1,884 | ||||||
| Other undisclosed current assets | 50 | 2,508 | 780 | 2,317 | 199 | ||||
| Total current assets: | 22,585 | 16,150 | 14,476 | 9,812 | 5,585 | 5,541 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 809 | 856 | 752 | 918 | 973 | 1,095 | |||
| Property, plant and equipment | 347 | 361 | 408 | 502 | 529 | 599 | |||
| Intangible assets, net (including goodwill) | 5,393 | 5,491 | 5,586 | 5,742 | 5,934 | 6,041 | |||
| Goodwill | 82 | 82 | 82 | 88 | 88 | 88 | |||
| Intangible assets, net (excluding goodwill) | 5,311 | 5,409 | 5,504 | 5,654 | 5,846 | 5,953 | |||
| Other undisclosed noncurrent assets | 58 | 56 | 58 | 10 | |||||
| Total noncurrent assets: | 6,608 | 6,764 | 6,804 | 7,172 | 7,435 | 7,735 | |||
| TOTAL ASSETS: | 29,192 | 22,914 | 21,280 | 16,984 | 13,020 | 13,276 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,664 | 4,796 | 3,046 | 13,691 | 3,420 | 3,217 | |||
| Accounts payable | 9,582 | 4,610 | 2,998 | 1,775 | 1,828 | ||||
| Accrued liabilities | 83 | 186 | 48 | 13,691 | 1,645 | 1,389 | |||
| Deferred revenue | 951 | 1,235 | 1,427 | 1,326 | 1,284 | 1,270 | |||
| Debt | 24 | 69 | 113 | 422 | 17 | 19 | |||
| Estimated litigation liability | 818 | 2,117 | 2,117 | 1,298 | |||||
| Customer refund liability | 615 | 1,097 | 857 | 991 | |||||
| Other liabilities | |||||||||
| Other undisclosed current liabilities | 14,423 | 13,988 | 15,671 | 503 | 3,338 | 4,868 | |||
| Total current liabilities: | 26,496 | 23,301 | 23,231 | 15,942 | 10,349 | 9,375 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 378 | 422 | 393 | 489 | 556 | 655 | |||
| Operating lease, liability | 378 | 422 | 393 | 489 | 556 | 655 | |||
| Other undisclosed noncurrent liabilities | 69 | 69 | 69 | ||||||
| Total noncurrent liabilities: | 447 | 491 | 462 | 489 | 556 | 655 | |||
| Total liabilities: | 26,943 | 23,792 | 23,692 | 16,431 | 10,905 | 10,030 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,448 | (663) | (2,139) | 863 | 2,387 | 3,518 | |||
| Preferred stock | |||||||||
| Common stock | 1 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (0) | (55) | (55) | (55) | (187) | ||||
| Additional paid in capital | 114,698 | 111,920 | 108,038 | 107,970 | 107,110 | 106,424 | |||
| Accumulated other comprehensive income (loss) | (380) | 110 | 273 | (729) | 270 | 2 | |||
| Accumulated deficit | (111,489) | (112,003) | (110,162) | (106,091) | (104,711) | (102,722) | |||
| Stockholders' equity note, subscriptions receivable | (381) | (636) | (233) | (233) | (283) | ||||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | |||||
| Equity, attributable to noncontrolling interest | (199) | (215) | (274) | (309) | (272) | (271) | |||
| Total equity: | 2,250 | (878) | (2,413) | 553 | 2,115 | 3,246 | |||
| TOTAL LIABILITIES AND EQUITY: | 29,192 | 22,914 | 21,280 | 16,984 | 13,020 | 13,276 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,501 | 287 | 1,872 | 1,676 | 1,711 | 1,847 | ||
| Other income | 695 | 50 | 17 | |||||
| Cost of revenue | (1,088) | (1,008) | (1,332) | (1,310) | (1,246) | (1,354) | ||
| Other undisclosed gross profit | 1,186 | |||||||
| Gross profit: | 1,413 | 466 | 540 | 366 | 464 | 493 | ||
| Operating income: | 1,413 | 466 | 540 | 366 | 464 | 493 | ||
| Interest and debt expense | (0) | (0) | (111) | (40) | (0) | |||
| Income from continuing operations before equity method investments, income taxes: | 1,413 | 465 | 429 | 325 | 464 | 493 | ||
| Other undisclosed loss from continuing operations before income taxes | (860) | (2,310) | (4,479) | (1,654) | (2,404) | (3,331) | ||
| Net income (loss): | 553 | (1,845) | (4,050) | (1,329) | (1,940) | (2,838) | ||
| Net income (loss) attributable to noncontrolling interest | (73) | 5 | 3 | 3 | 5 | (1) | ||
| Other undisclosed net loss attributable to parent | (1) | (1) | (24) | (52) | (4) | (1) | ||
| Net income (loss) available to common stockholders, diluted: | 479 | (1,841) | (4,071) | (1,378) | (1,938) | (2,840) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 553 | (1,845) | (4,050) | (1,329) | (1,940) | (2,838) | ||
| Other comprehensive loss | (12) | (2,004) | (3,069) | (2,377) | (1,671) | (2,596) | ||
| Comprehensive income (loss): | 541 | (3,849) | (7,119) | (3,706) | (3,610) | (5,434) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (73) | 5 | 3 | 3 | 5 | (1) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (464) | 1,900 | 4,083 | 1,288 | 1,934 | 2,845 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 4 | (1,945) | (3,034) | (2,415) | (1,671) | (2,590) | ||
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.