Trump Media & Technology Group Corp. has announced its financial results for the second quarter of 2025. The company reported a net loss of $20.0 million for the quarter, which includes $20.5 million in non-cash expenses related to stock-based compensation, depreciation and amortization, interest expense, and income taxes. This loss was partially offset by non-cash (unrealized) investment income. Revenue rose by 6% year-on-year to $0.9 million. A significant factor impacting the results was approximately $15.0 million in legal costs primarily associated with the company's merger with a special purpose acquisition company (SPAC) slated for 2024. Trump Media ended the second quarter with financial assets totaling approximately $3.1 billion, marking an 800% year-on-year growth. The company also posted its first quarter of positive operating cash flow, with cash flow from operating activities reaching $2.3 million. The company is advancing its business operations by expanding the availability of its Truth+ streaming platform globally, which can now be accessed via apps in most countries. Additionally, Trump Media is beta-testing the Patriot Package subscription service for Truth+, aiming to create synergies with its Truth Social platform by providing enhanced features to subscribers.
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