FreeCast, Inc. (CAST) Form 10-K — Sep 28, 2026
FreeCast filed its annual report for fiscal year ended June 30, 2026, its first as a Nasdaq-listed company after its March 10, 2026 IPO. Total revenue was just $710,882 against a net loss of roughly $13.0 million, leaving an accumulated deficit of about $219.7 million and stockholders' equity of only $2.25 million. The company reported a cash balance of $8.9 million plus a $23.7 million July 2026 private placement, which management says funds operations for at least 12 months, though the auditor's report contains no going-concern paragraph.
Key figures
- Revenue
- 710882
- Cash Position
- 8919833
- Shares Outstanding
- 36,861,774 Class A; 13,925,640 Class B as of Sept 25, 2026
- Employees
- 47 full-time, 44 contract
- Other revenue
- 1460
- Paid subscribers
- 14275
- Ad revenue growth
- 41.7% ($113,382 increase)
- Total subscribers
- 1194219
- Accumulated deficit
- 219700000
- Advertising revenue
- 385602
- Fast revenue growth
- 20.6% ($45,615 increase)
- Prior year net loss
- 14100000
- Stockholders equity
- 2250000
- Subscription revenue
- 56311
- Ad supported subscribers
- 1179944
- Fast revenue related party
- 267509
- Stock price range since ipo
- $0.59 to $9.84 (IPO day close $9.13; $1.29 on Sept 9, 2026)
- Subscription revenue decline
- 57.6% ($76,639 decrease)
- Related party customer concentration
- >36% of total revenue from two related-party customers
- Amiens equity purchase agreement capacity
- 50000000
- July 2026 private placement gross proceeds
- 23700000
- Revenue per subscriber excl fast and ads fy2026
- $0.05 (vs $0.14 FY2025)
AI analysis
Red flags9 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.