OLB GROUP, INC. (OLB)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total revenue | 2,267,191 | 2,321,536 | 3,083,922 | 3,521,154 |
| Depreciation, depletion and amortization, nonproduction | - | - | 112,499 | 117,847 |
| Amortization of intangible assets | - | - | 656,017 | 843,671 |
| Salaries and wages | 1,052,614 | - | 604,784 | 689,198 |
| Professional fees | 334,566 | - | 453,672 | 564,855 |
| General and administrative expenses | 491,476 | - | 282,794 | 947,987 |
| Amortization and depreciation expense | - | - | - | - |
| Processing and servicing costs, excluding merchant portfolio amortization | 1,964,314 | - | 2,604,414 | 2,972,679 |
| Depreciation expense cryptocurrency mining | 120,967 | - | - | - |
| Total operating expenses | 3,963,937 | - | 4,714,180 | 6,136,237 |
| Loss from operations | -1,696,746 | - | -1,630,258 | -2,615,083 |
| Unrealized (loss) gain on investment | - | - | - | - |
| Realized gain (loss) on sale of cryptocurrency | - | - | - | - |
| Loss on settlement of law suit | -30,000 | - | - | - |
| Interest expense | 169,805 | - | - | 32,929 |
| Loss on settlement of accounts payable and debt | -52,000 | - | - | - |
| Loss on conversion related party | 175,763 | - | - | - |
| Total other income (expense) | -427,568 | - | - | -32,929 |
| Net loss before income taxes | -2,124,314 | - | -1,630,258 | -2,648,012 |
| Income tax expense | - | - | - | - |
| Net loss | -2,124,314 | - | -1,630,258 | -2,648,012 |
| Deemed dividend preferred stock | 775,000 | - | - | - |
| Preferred dividends (related parties) | - | - | - | - |
| Net loss attributed to the olb group and subsidiaries | - | - | -1,630,258 | -2,648,012 |
| Preferred stock dividends and other adjustments | - | - | 31,311 | 30,970 |
| Net loss applicable to common shareholders | -2,899,314 | 2,321,536 | -1,661,569 | -2,678,982 |
| Net loss per common share, basic (in dollars per share) | -0.66 | -0.47 | -0.92 | -1.49 |
| Net loss per common share, diluted (in dollars per share) | -0.66 | -0.47 | -0.92 | -1.49 |
| Weighted average shares outstanding, basic (in shares) | 4,390,281 | 2,360,939 | 1,798,393 | 1,797,583 |
| Weighted average shares outstanding, diluted (in shares) | 4,390,281 | 2,360,939 | 1,798,393 | 1,797,583 |