As of March 31, 2026, the total assets include $3,723.7 related to the consolidated VIE of which $3,666.6 is included in cash and cash equivalents, and $57.1 in prepaid expenses and other current assets. Total liabilities included $175.1 related to the consolidated VIE of which $175.1 is included in accounts payable and accrued liabilities. As of December 31, 2025, the total assets include $1,556.0 related to the consolidated VIE of which $1,556.0 is included in cash and cash equivalents. Total liabilities included $50.5 related to the consolidated VIE of which $50.5 is included in accounts payable and accrued liabilities. There is no recourse against us for the liabilities of the consolidated VIE.

[2]

Under certain provisions of Accounting Standards Codification (“ASC”) 810, Consolidations (“ASC 810”), we are required to separately disclose on our consolidated balance sheets the assets of the consolidated variable interest entity (“VIE”) that are owned by the consolidated VIE and liabilities of the consolidated VIE as to which there is no recourse against us.

Trump Media & Technology Group Corp. 10-Q