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LUDG • CIK 0001960262
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 |
|---|
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Assets | $112.468 | $197.556 | $247.527 | $1,264.572 |
| Assets, Current | $112.468 | $197.556 | $238.361 | $255.406 |
| Intangible Assets, Net (Excluding Goodwill) | — | — | $9.166 | $9.166 |
| Liabilities, Current | $1,574.033 | $2,575.701 | $4,635.733 | $5,293.267 |
| Preferred Stock, Value, Issued | $7 | $7 | $7 | $7 |
| Common Stock, Value, Issued | $155.463 | $160.511 | $162.568 | $167.165 |
| Additional Paid in Capital | $2,618.454 | $4,713.71 | $4,938.025 | $5,074.092 |
| Retained Earnings (Accumulated Deficit) | $-4,242.482 | $-7,259.366 | $-9,495.799 | $-9,276.952 |
| Stockholders' Equity Attributable to Parent | $-1,461.565 | $-2,378.145 | $-4,388.206 | $-4,028.695 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $108.335 | $6.741 | $6.741 | $18.323 |
| Inventory, Net | — | $3.048 | $4.529 | $4.529 |
| Prepaid Expense, Current | $4.133 | $27.767 | $14.881 | $3.72 |
| Deferred Offering Costs | — | $60 | $112.951 | $122.834 |
| Financing Receivable, after Allowance for Credit Loss, Current | — | — | $106 | $106 |
| Bank Overdrafts | — | — | $1.252 | $1.252 |
| Accounts Payable and Accrued Liabilities, Current | $204.024 | $621.984 | $791.383 | $1,954.852 |
| Other Notes Payable, Current | $1,270.009 | $1,370.009 | $1,270.009 | $1,270.009 |
| Convertible Notes Payable, Current | $100 | $578.708 | $1,171.413 | $1,391.62 |
| Other Liabilities, Current | — | $5 | — | $5 |
| Derivative Liability, Current | — | — | $535.459 | $488.874 |
| Preferred Stock, Shares Authorized | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 |
| Common Stock, Shares Authorized | 1,250,000,000 | 1,250,000,000 | 1,250,000,000 | 1,250,000,000 |
| Common Stock, Shares, Issued | 155,464,808 | 160,512,807 | 162,569,807 | 167,166,897 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $34.803 | $34.803 | $34.803 |
| Net Cash Provided by (Used in) Operating Activities | $-647.86 | $-660.302 | $-644.842 | $-707.939 |
| Increase (Decrease) in Prepaid Expense | — | $23.634 | $-12.886 | $-14.827 |