Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004837
Chunk: 188

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 188
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                   |   |
| Furniture and equipment     |                | $ |              34.5 |   |     | $ |              34.5 |   |
| Computer equipment          |                |   |           5,154.6 |   |     |   |             120.8 |   |
| Accumulated depreciation    |                |   |            (823.1 | ) |     |   |            (126.1 | ) |
| Property and equipment, net |                | $ |           4,366.0 |   |     | $ |              29.2 |   |

Total depreciation expense was $697.0, $60.4 and $59.1 for the years ended December 31, 2024, 2023 and 2022 respectively. F-14 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

NOTE 7 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses consisted of the following:

|                                       | (in thousands) |   | December 31, 2024 |     |   | December 31, 2023 |
|:--------------------------------------|:---------------|:--|------------------:|:----|:--|------------------:|
| Accounts payable                      |                | $ |           1,483.3 |     | $ |             871.2 |
| Other accrued expenses                |                |   |           7,443.4 |     |   |             729.5 |
| Income tax payable                    |                |   |             732.6 |     |   |                 - |
| Franchise tax payable                 |                |   |             508.2 |     |   |                 - |
| Accounts payable and accrued expenses |                | $ |          10,167.5 |     | $ |           1,600.7 |

NOTE 8 - LEASES

During the years ended December 31, 2024 and 2023, we recognized additional ROU assets and lease liabilities of $3,481.7 and zero, respectively. We elected to not recognize ROU assets and lease liabilities arising from short-term office leases with initial terms of twelve months or less (deemed immaterial) on the consolidated balance sheets. When measuring lease liabilities for leases that were classified as operating leases, we discounted lease payments using its estimated incremental borrowing rate. The weighted average incremental borrowing rate applied was