| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -83,390 | -144,468 | 56,026 | 14,654 |
| Digital assets received as revenue | 2,402 | 4,375 | 3,644 | 1,206 |
| Marketable securities received as revenue | NaN | 0 | NaN | NaN |
| Digital assets paid for expenses | 96 | 158 | 81 | 20 |
| Depreciation and amortization | 351 | 352 | 352 | 341 |
| Amortization of debt discount | 418 | 1,150 | 0 | 529 |
| Share-based compensation | 720 | 337 | 331 | 1,006 |
| Deferred income taxes | NaN | NaN | 17,841 | 1,201 |
| Net loss (gain) on digital assets | -51,030 | -122,555 | 74,367 | 21,194 |
| Loss (gain) from derivative instruments | -22,838 | -24,402 | 4,639 | NaN |
| (gain) loss from changes in fair value of marketable securities | NaN | NaN | 177 | 255 |
| Net loss (gain) on investment activity | -592 | -3,850 | NaN | NaN |
| (gain) loss from changes in fair value of contingent consideration | 0 | -115 | 0 | -64 |
| Right of use liability, net | NaN | NaN | -85 | -11 |
| Loss on disposition of janover pro | NaN | 0 | -1,958 | NaN |
| Deferred revenue | NaN | NaN | -1,226 | 1,124 |
| Other | 2,533 | 1,717 | NaN | NaN |
| Accounts receivable | -52 | 0 | -281 | 886 |
| Prepaid expenses | -122 | -145 | 43 | -207 |
| Other assets | 1,283 | 37 | 3 | 84 |
| Accounts payable and accrued expenses | -1,497 | 992 | 2,330 | 2,561 |
| Deferred revenue | 3 | 787 | NaN | NaN |
| Other liabilities | NaN | 36 | NaN | NaN |
| Settlement of option contracts | NaN | 17,404 | NaN | NaN |
| Net cash used in operating activities | -9,817 | -10,926 | -4,984 | -2,057 |
| Settlement of option contracts | NaN | NaN | 17,404 | NaN |
| Proceeds from the settlement of convertible notes | NaN | 1,750 | NaN | NaN |
| Purchases of property and equipment | NaN | 0 | 0 | 2 |
| Disposition of janover pro | NaN | 0 | 1,250 | NaN |
| Acquired intangible assets | NaN | -349 | 350 | 644 |
| Purchase of digital assets | 3,720 | 12 | 156,056 | 60,605 |
| Proceeds from sales of digital assets | 20,379 | 14,997 | NaN | NaN |
| Purchases of investments | 631 | 2,316 | NaN | NaN |
| Proceeds from the sale of investments | 163 | NaN | NaN | NaN |
| Proceeds from issuance of common stock under employee stock plans | NaN | -1 | 1 | 94 |
| Net cash provided by (used in) investing activities | 16,191 | 14,768 | -175,060 | -61,251 |
| Repayments of short-term debt | -107 | -106 | -214 | -53 |
| Proceeds from convertible notes | NaN | 0 | 117,913 | 31,000 |
| Proceeds from issuance of common stock, net of offering costs | 1,959 | 4,903 | 96,942 | 32,840 |
| Proceeds from pre-funded warrants | NaN | 1 | 53,736 | NaN |
| Payments related to employee stock plan taxes | 16 | NaN | NaN | NaN |
| Payment for prepaid forward stock purchase | NaN | 0 | 75,636 | NaN |
| Proceeds from warrant exercises | 55 | 0 | 0 | 2 |
| Repurchase of common stock | 10,502 | 11,520 | NaN | NaN |
| Payments of offering costs | NaN | 0 | 6,367 | 622 |
| Net cash (used in) provided by financing activities | -8,611 | -6,723 | 186,375 | 63,261 |
| Net (decrease) increase in cash and cash equivalents | -2,237 | -2,881 | 6,331 | -47 |
| Cash and cash equivalents, at beginning of period | 5,920 | 8,801 | 2,517 | NaN |
| Cash and cash equivalents, at end of period | 3,683 | 5,920 | 8,801 | NaN |
DeFi Development Corp. (DFDV)
DeFi Development Corp. (DFDV)