Mega Matrix Corp. (MPU) Balance Sheet
MPU balance sheet, 2025
December 31, 2025 · U.S. dollars$22.4M assets = $4.4M liabilities + $18.1M equity
Both columns are drawn to the same scale: what MPU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MPU financial health
Descriptive bands, not a rating. Fiscal 2025.
MPU balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $218.7M2016 | $22.4M2025 | −22.4%/yr | |
| Total liabilities | $176.2M2016 | $4.4M2025 | −33.7%/yr | |
| Shareholders’ equity | $42.5M2016 | $18.1M2025 | −9.1%/yr | |
| Cash & short-term investments | $2.2M2016 | $7.3M2025 | +14.3%/yr | |
| Total debt | $125.8M2016 | $8.4M2024 | −28.7%/yr | |
| Net cash (debt) | −$123.6M2016 | $437,0002024 | +$124.1M | |
| Working capital | −$87.1M2016 | $12.3M2025 | +$99.4M | |
| Current ratio | 0.232016 | 3.832025 | +3.61 | |
| Debt / equity | 2.962016 | 0.602024 | −2.36 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MPU assets
MPU liabilities and equity
MPU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MPU balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.3M | $8.9M | $3.1M | $7.3M | $7.4M | $2.4M | $2.4M | $1.7M | $8.7M | $2.2M |
| Cash & equivalents | $7.3M | $8.9M | $3.1M | $7.3M | $7.4M | $2.4M | $2.4M | $1.5M | $8.7M | $2.2M |
| Short-term investments | $4,200 | $7,000 | $254,400 | $3.1M | $0 | — | $0 | $121,000 | — | — |
| Receivables | $1.3M | $1.3M | $0 | $1.1M | $1.2M | $2.8M | $9.9M | $19.2M | $26.7M | $20.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $40.8M | $39.9M | $31.6M | $0 | $229,400 |
| Other current assets | $8.1M | $4.7M | $8.4M | $4.2M | $645,100 | $255,700 | $0 | $0 | $5.3M | $2.0M |
| Total current assets | $16.7M | $14.9M | $11.6M | $12.6M | $9.3M | $46.3M | $39.7M | $31.1M | $40.6M | $25.3M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $45.9M | $109.4M | $185.0M | $195.1M | $192.8M |
| Goodwill & intangible assets | $4.0M | $3.1M | $0 | $0 | $5.7M | $1.2M | $517,700 | $863,300 | $26.7M | $20.9M |
| Long-term investments | $1.8M | $1.5M | $1.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $100 | $300 | $6,000 | $0 | $0 |
| Total assets | $22.4M | $19.5M | $13.3M | $12.6M | $14.9M | $93.4M | $149.6M | $216.9M | $236.4M | $218.7M |
| Liabilities | ||||||||||
| Accounts payable | $775,300 | $1.0M | $185,400 | $254,700 | $3.0M | $367,700 | $736,000 | $1.0M | $645,200 | $1.2M |
| Short-term debt | — | $0 | $0 | $0 | $0 | $237,000 | $1.8M | $121.9M | $132.1M | $108.2M |
| Deferred revenue | — | — | — | — | — | $1.0M | $3.0M | $3.3M | $2.4M | $1.9M |
| Total current liabilities | $4.4M | $5.4M | $2.9M | $5.6M | $3.1M | $2.4M | $4.6M | $127.2M | $136.9M | $112.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $101.8M | $111.6M | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | $0 | $172,000 | $337,000 | — | — | — |
| Other long-term liabilities | $0 | $2.9M | $2.9M | $5.6M | $3.1M | $0 | $10.1M | $48.7M | $52.2M | $63.8M |
| Total liabilities | $4.4M | $5.4M | $2.9M | $5.6M | $3.1M | $111.0M | $126.3M | $175.6M | $189.0M | $176.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $67,800 | $40,500 | $31,800 | $26,500 | $22,100 | $2,000 | $2,000 | $1,800 | $1,600 | $1,600 |
| Retained earnings (deficit) | −$60.6M | −$26.3M | −$17.5M | −$13.4M | −$5.0M | −$31.4M | $10.9M | $27.5M | $35.6M | $28.2M |
| Accumulated other comprehensive income | — | — | $10.4M | $7.0M | $0 | −$2,000 | −$1.4M | $0 | $0 | $0 |
| Minority interest | — | — | $0 | −$1.0M | — | — | — | — | — | — |
| Total shareholders' equity | $18.1M | $14.1M | $10.4M | $8.0M | $12.1M | −$17.6M | $23.3M | $41.3M | $47.4M | $42.5M |
| Key figures | ||||||||||
| Total debt | — | $8.4M | $8.4M | $4.2M | $645,100 | $89.0M | $112.0M | $131.1M | $145.6M | $125.8M |
| Net cash (debt) | — | $437,000 | −$5.3M | $3.1M | $6.7M | −$86.6M | −$109.6M | −$129.4M | −$136.9M | −$123.6M |
| Working capital | $12.3M | $9.6M | $8.6M | $7.0M | $6.1M | $43.9M | $35.1M | −$96.1M | −$96.3M | −$87.1M |
| Tangible book value | $14.1M | $11.0M | $10.4M | $8.0M | $6.4M | −$18.8M | $22.7M | $40.4M | $20.7M | $21.6M |
| Current ratio | 3.83 | 2.78 | 3.93 | 2.25 | 2.95 | 19.29 | 8.71 | 0.24 | 0.30 | 0.23 |
| Quick ratio | 1.97 | 1.90 | 1.06 | 1.50 | 2.75 | 2.17 | 2.70 | 0.16 | 0.26 | 0.21 |
| Debt / equity | — | 0.60 | 0.81 | 0.53 | 0.05 | — | 4.81 | 3.18 | 3.07 | 2.96 |
| Equity / assets | 80.6% | 72.5% | 78.0% | 63.6% | 80.6% | −18.9% | 15.5% | 19.0% | 20.0% | 19.4% |
| Sep '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $3.2M | $3.2M | $7.3M | $9.8M | $4.0M | $6.8M | $8.9M | $9.9M | $12.0M | $2.9M | $3.1M | $2.0M |
| Cash & equivalents | $3.2M | $3.2M | $7.3M | $9.8M | $4.0M | $6.8M | $8.9M | $9.9M | $12.0M | $2.9M | $3.1M | $2.0M |
| Short-term investments | — | — | $4,200 | $4,700 | $7,300 | $7,000 | $7,000 | $0 | $3.1M | $3.1M | $254,400 | $9,700 |
| Receivables | $2.1M | $2.1M | $1.3M | $1.2M | $1.5M | $1.3M | $1.3M | $1.0M | $538,000 | $296,700 | $0 | $37,100 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $4.9M | $4.9M | $8.1M | $27.0M | $6.6M | $4.7M | $4.7M | $6.7M | $3.6M | $14.2M | $8.4M | $5.4M |
| Total current assets | $10.2M | $10.2M | $16.7M | $38.0M | $12.1M | $12.7M | $14.9M | $17.7M | $16.2M | $17.3M | $11.6M | $7.4M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $2.9M | $2.9M | $4.0M | $3.0M | $3.1M | $3.1M | $3.1M | $3.2M | $4.8M | $4.6M | $0 | $0 |
| Long-term investments | $0 | $0 | $1.8M | $1.7M | $1.5M | $1.5M | $1.5M | $1.5M | $2.0M | $2.3M | $1.8M | $1.6M |
| Other non-current assets | $4.2M | $4.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $17.3M | $17.3M | $22.4M | $42.7M | $16.6M | $17.3M | $19.5M | $22.4M | $23.0M | $24.2M | $13.3M | $9.0M |
| Liabilities | ||||||||||||
| Accounts payable | $954,800 | $954,800 | $775,300 | $603,700 | $644,800 | $444,900 | $1.0M | $141,800 | $141,500 | $44,700 | $185,400 | $291,700 |
| Short-term debt | — | — | — | $0 | $0 | $0 | $0 | $0 | $1,900 | $7.8M | — | — |
| Deferred revenue | — | — | — | $2.3M | $2.3M | $2.3M | — | $1.8M | $1.6M | $1.6M | — | — |
| Total current liabilities | $5.2M | $5.2M | $4.4M | $5.3M | $5.7M | $5.4M | $5.4M | $6.6M | $5.7M | $7.9M | $2.9M | $297,600 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.9M | $7.9M | $2.9M | $297,600 |
| Total liabilities | $5.2M | $5.2M | $4.4M | $5.3M | $5.7M | $5.4M | $5.4M | $6.6M | $5.7M | $7.9M | $2.9M | $297,600 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $68,300 | $68,300 | $67,800 | $67,700 | $41,200 | $40,700 | $40,500 | $40,500 | $38,200 | $36,000 | $31,800 | $31,800 |
| Retained earnings (deficit) | −$66.9M | −$66.9M | −$60.6M | −$41.1M | −$30.3M | −$28.8M | −$26.3M | −$24.5M | −$21.7M | −$18.3M | −$17.5M | −$17.9M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | — | $0 |
| Minority interest | — | — | — | $0 | $0 | $0 | — | — | — | — | — | — |
| Total shareholders' equity | $12.1M | $12.1M | $18.1M | $37.4M | $10.9M | $11.9M | $14.1M | $15.8M | $17.0M | $15.9M | $10.4M | $10.3M |
| Key figures | ||||||||||||
| Total debt | — | — | — | $0 | $0 | $0 | $0 | $0 | $1,900 | $7.8M | — | — |
| Net cash (debt) | — | — | — | $9.8M | $4.0M | $6.8M | $8.9M | $9.9M | $12.0M | −$5.0M | — | — |
| Working capital | $5.0M | $5.0M | $12.3M | $32.7M | $6.4M | $7.4M | $9.6M | $11.1M | $10.4M | $9.5M | $8.6M | $7.1M |
| Tangible book value | $9.2M | $9.2M | $14.1M | $34.4M | $7.9M | $8.8M | $11.0M | $12.6M | $12.2M | $11.3M | $10.4M | $10.3M |
| Book value per share | $3.56 | $3.56 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 3.4M | 3.4M | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.97 | 1.97 | 3.83 | 7.18 | 2.12 | 2.37 | 2.78 | 2.67 | 2.83 | 2.20 | 3.93 | 24.95 |
| Quick ratio | 1.02 | 1.02 | 1.97 | 2.07 | 0.97 | 1.49 | 1.90 | 1.65 | 2.19 | 0.40 | 1.06 | 6.77 |
| Debt / equity | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.49 | — | — |
| Equity / assets | 70.1% | 70.1% | 80.6% | 87.6% | 65.8% | 68.9% | 72.5% | 70.4% | 74.0% | 65.7% | 78.0% | 113.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
MPU financial position
At the end of fiscal 2025 (December 31, 2025), Mega Matrix had total assets of $22.4 million (up 15.2% from a year earlier), total liabilities of $4.4 million and shareholders' equity of $18.1 million. Its current ratio was 3.83. In the latest quarter (ended September 30, 2026) total assets were $17.3 million and equity $12.1 million.
Related: MPU income statement, MPU cash flow statement, MPU key metrics. See the MPU stock overview for the latest quote and news.
MPU balance sheet FAQ
What are Mega Matrix's total assets?
Mega Matrix reported total assets of $22.4 million at the end of fiscal 2025 (December 31, 2025), compared with $19.5 million a year earlier.
How much cash does Mega Matrix have?
Mega Matrix held $7.3 million in cash and short-term investments at the end of fiscal 2025.
What is Mega Matrix's book value?
Mega Matrix's shareholders' equity (book value) was $18.1 million at the end of fiscal 2025.
What is Mega Matrix's current ratio?
Mega Matrix had current assets of $16.7 million and current liabilities of $4.4 million, a current ratio of 3.83 (it can cover its short-term obligations).
How much goodwill does Mega Matrix have?
Mega Matrix carried $4.0 million of goodwill and intangible assets, 17.7% of total assets, at the end of fiscal 2025.