For the quarter ending 2026-03-31, SDEV made $2,463K in revenue. $552,403K in net income. Net profit margin of 22428.06%.
| Income Statement | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Staking revenue | 2,463 | - | ||
| Unrealized gain on digital assets | 22,674 | - | ||
| General and administrative | 2,848 | 1,897* | ||
| Impairment of long-lived assets | 0 | 214* | ||
| Total operating expenses | 2,848 | 2,110 | ||
| Operating income (loss) | 22,289 | -2,110* | ||
| Non-cash loss on fair value of warrant liabilities in excess of proceeds at issuance | -5,302,617 | - | ||
| Non-cash gain on changes in fair value of warrant liabilities | -5,837,607 | 127,485* | ||
| Non-cash loss on fair value of warrant liability in excess of proceeds at issuance | - | 30,796* | ||
| Accretion of interest and amortization of discounts on convertible notes | - | 69* | ||
| Other expense, net | -1,422 | -5* | ||
| Total non-operating income (expense), net | 533,568 | - | ||
| Net income (loss) from continuing operations before tax | 555,857 | - | ||
| Income tax expense | 3,454 | - | ||
| Net income (loss) from continuing operations | 552,403 | -160,465* | ||
| Net income from discontinued operations, net of taxes (note 13) | 0 | 2,770* | ||
| Net income | 552,403 | -157,695* | ||
| Less increase to accumulated deficit due to adjustment to common stock warrant exercise price | - | 0* | ||
| Less increase to accumulated deficit due to adjustment to preferred stock conversion price | - | 0* | ||
| Net loss attributable to common stockholders | - | -157,695 | ||
| Basic EPS | 21.23 | -27.095 | ||
| Diluted EPS | 3.33 | - | ||
| Basic Average Shares | 26,015,000 | 5,820,000 | ||
| Diluted Average Shares | 165,709,000 | - | ||
Stablecoin Development Corp (SDEV)
Stablecoin Development Corp (SDEV)