Stablecoin Development Corp (SDEV)
Stablecoin Development Corp (SDEV)
| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 6,968 | 18,405 | 7,958 | |
| Prepaid expenses and other current assets | 1,127 | 648 | 717 | |
| Current assets, discontinued operations | - | - | 0 | |
| Total current assets | 8,095 | 19,053 | 8,675 | |
| Operating lease right-of-use assets | - | - | 0 | |
| Digital assets, at fair value | 119,242 | 160,086 | - | |
| Other assets | 177 | 604 | 360 | |
| Other assets, discontinued operations | - | - | 0 | |
| Total assets | 127,514 | 179,743 | 9,035 | |
| Accounts payable | 0 | 1,978 | 257 | |
| Accrued liabilities | 270 | 1,127 | 396 | |
| Bridge loan | - | - | 0 | |
| Unsecured convertible notes, net of discounts | 0 | 0 | 67 | |
| Operating lease liabilities | 0 | 471 | 422 | |
| Current liabilities, discontinued operations | - | - | 0 | |
| Total current liabilities | 270 | 3,576 | 1,142 | |
| Warrant liabilities, at fair value | 0 | 33,715 | 639,071 | |
| Operating lease liabilities-non-current | 0 | 166 | 287 | |
| Deferred tax liabilities, net | - | 3,461 | - | |
| Total liabilities | 270 | 40,918 | 640,500 | |
| Preferred stock, 0.01 par value 5,000 shares authorized series f preferred stock 1,347 and 0 shares issued and outstanding at december 31, 2025 and 2024, respectively | - | - | 350 | |
| Preferred stock, value, issued-Series BPreferred Stock | - | - | 6 | |
| Common stock, 0.01 par value 1,500,000 shares authorized, 25,216 and 977 shares issued and outstanding at december 31, 2025 and 2024, respectively-Series DPreferred Stock | - | - | 252 | |
| Common stock, 0.01 par value 5,000,000,000 shares authorized, 50,590,723 and 25,216,436 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively | 506 | 267 | - | |
| Additional paid-in capital | 434,459 | 405,209 | 186,981 | |
| Accumulated deficit | -307,721 | -266,651 | -819,054 | |
| Total stockholders equity (deficit) | 127,244 | 138,825 | -631,815 | |
| Total liabilities and stockholders equity (deficit) | 127,514 | 179,743 | 9,035 | |