| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 18,819,529 | 11,793,028 | ||
| Restricted cash | 105,000 | 105,000 | ||
| Certificate of deposit | 2,028,253 | 2,007,083 | ||
| Accounts receivable, net of allowance for doubtful accounts of 111,465 and 99,233 at september 30, 2025 and december 31, 2024, respectively | 1,579,784 | 199,831 | ||
| Inventory | 497,717 | 492,633 | ||
| Inventory deposits | 282,224 | 982,763 | ||
| Prepaid expenses and other current assets | 1,892,168 | 969,483 | ||
| Total current assets | 25,204,675 | 16,549,821 | ||
| Digital assets | 334,724,091 | - | ||
| Digital assets restricted by lenders as collateral for loans | 130,804,221 | - | ||
| Property, equipment, and intangible asset, net | 448,367 | 583,519 | ||
| Other long-term assets | 199,281 | 273,886 | ||
| Right-of-use assets - operating leases | 880,599 | 529,589 | ||
| Total assets | 492,261,234 | 17,936,815 | ||
| Accounts payable | 962,247 | 191,432 | ||
| Accrued liabilities | 949,375 | 957,438 | ||
| Vendor settlements - short-term | 1,704,895 | 1,838,151 | ||
| Term loan | 49,850,087 | - | ||
| Current portion of notes payable | 7,822 | 7,602 | ||
| Warrant liabilities | 106,934 | 146,468 | ||
| Right-of-use operating lease liabilities - short-term | 516,229 | 468,400 | ||
| Customer deposits | 10,618 | 22,548 | ||
| Total current liabilities | 54,108,207 | 3,632,039 | ||
| Notes payable, net of current portion | 22,584 | 24,623 | ||
| Vendor settlements - long-term | 0 | 368,905 | ||
| Right-of-use operating lease liabilities - long-term | 489,681 | 91,349 | ||
| Total liabilities | 54,620,472 | 4,116,916 | ||
| Common stock 0.00001 par value, 250,000,000 shares authorized, 42,337,879 shares issued and outstanding as of september 30, 2025 and 78,859 shares issued and outstanding as of december 31, 2024 | 475 | 6 | ||
| Treasury stock | 39,406,458 | 510,907 | ||
| Additional paid-in capital | 684,278,820 | 187,007,574 | ||
| Accumulated deficit | -207,232,075 | -172,676,774 | ||
| Total stockholders equity | 437,640,762 | 13,819,899 | ||
| Total liabilities and stockholders equity | 492,261,234 | 17,936,815 | ||
Empery Digital Inc. (EMPD)
Empery Digital Inc. (EMPD)