Newsmax Inc. (NMAX) Form 10-Q — May 14, 2026
Newsmax Inc. reported Q1 2026 revenue of $51.7 million, a 14% increase year-over-year, driven by a 75% surge in affiliate fees and a 697% jump in licensing revenue. The company narrowed its net loss to $2.2 million from $17.2 million in the prior year, largely due to reduced legal expenses and higher interest income. Despite improved operational metrics, management disclosed that internal controls over financial reporting were not effective as of March 31, 2026, citing material weaknesses in policies, journal entry reviews, and IT general controls.
Key figures
- Revenue
- 51658491
- Total Debt
- 8324703
- Revenue Yoy
- 14.0%
- Total Assets
- 226257855
- Cash Position
- 17198760
- Investments
- 111896268
- Digital revenue
- 7956999
- Broadcasting revenue
- 43701492
- Settlement liability total
- 48277531
- Dominion settlement remaining
- 20000000
Price after filing
Close on the filing date to close N calendar days later (from $6.92). Historical, not a forecast.
AI analysis
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