DEFI DEVELOPMENT CORP.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | — | $11.4M | $2.1M | $2.0M | $2.2M |
| Cost of Revenue | — | $249.0K | $32.0K | — | — |
| Gross Profit | — | $11.1M | $2.1M | — | — |
| Gross Margin | — | 97.8% | 98.5% | — | — |
| Operating Expenses | |||||
| Research & Development | — | $1.1M | $655.0K | $792.1K | $426.8K |
| SG&A Expense | — | $14.3M | $2.6M | $2.6M | $1.8M |
| Operating Income | — | $-36.4M | $-3.0M | $-3.4M | $-1.7M |
| Operating Margin | — | -319.7% | -143.0% | -170.0% | -80.0% |
| Interest Expense | — | — | $5.4M | — | — |
| Pretax Income | — | $-73.8M | $-2.7M | — | — |
| Income Tax Expense | — | $9.0K | $0 | — | — |
| Net Income | — | $-73.8M | $-2.7M | $-3.4M | $-1.3M |
| Net Margin | — | -648.1% | -129.9% | -168.4% | -58.7% |
| EPS (Basic) | — | $-4.00 | $-0.28 | $-0.35 | $-0.02 |
| EPS (Diluted) | — | $-4.00 | $-0.28 | $-0.35 | $-0.02 |
| Shares Outstanding (Basic) | 29.5M | 18.5M | 9.8M | 9.5M | 61.9M |
| Shares Outstanding (Diluted) | 29.5M | 18.5M | 9.8M | 9.5M | 61.9M |
| Dividends Per Share | — | — | — | — | — |