Bright Mountain Media, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: normalized FCF base of $1.18M (assumed ~2% FCF margin on FY2025 revenue of $59.2M once cost-cutting stabilizes losses); 3% FCF growth years 1-5, 2% years 6-10; 15% discount rate reflecting going-concern/distress risk; 2% terminal growth; less approximately $85M net debt; 186.94M shares outstanding.

Reasoning: Bright Mountain carries roughly $88.8M of debt against only about $59M of revenue and a $10.64M net loss, so even a DCF that assumes a path back to a modest positive FCF margin produces a negative equity value once net debt is subtracted; $0.01 reflects the residual option value of the common equity in a highly leveraged, distressed capital structure rather than a traditional DCF upside case.