For the year ending 2025-12-31, STSS made $204,120 in revenue. -$282,502,126 in net income. Net profit margin of -138400.02%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Net revenue | 204,120 | - | ||
| Cost of goods sold | 198,576 | - | ||
| Cost of goods sold - inventory reserve | 418,869 | - | ||
| Total cost of goods sold | 617,445 | - | ||
| Gross margin (loss) | -413,325 | - | ||
| Staking revenue, net | 6,805,009 | - | ||
| Warrant issuance related party | 101,331,513 | - | ||
| Consulting fees related parties | 3,433,333 | - | ||
| Selling, general and administrative | 16,052,069 | - | ||
| Research and development | 198,762 | 2,471,762 | ||
| Unrealized loss on digital assets | 152,952,163 | - | ||
| Realized loss on digital assets | 1,286,284 | - | ||
| General and administrative | - | 7,154,948 | ||
| Digital asset transaction expenses | 872,934 | - | ||
| Total operating expenses | 276,127,058 | 9,626,710 | ||
| Loss from operations | -269,735,374 | -9,626,710 | ||
| Other (expense) | - | 1,009,891 | ||
| Interest expense, net | 416,660 | - | ||
| Interest income (expense) | - | -1,664,712 | ||
| Fair market value adjustment on warrants | -4,803,098 | - | ||
| Fmv adjustment on warrants | - | 3,016,936 | ||
| Realized loss on derivatives | -4,986,500 | - | ||
| Foreign currency and other | - | -41,825 | ||
| Total other income (expense) | -600,062 | - | ||
| Net loss before provision for taxes | -270,335,436 | -9,326,202 | ||
| Net loss from continuing operations | -270,335,436 | - | ||
| Loss from discontinued operations | -11,220,342 | - | ||
| Loss on disposal | -1,078,348 | - | ||
| Income tax benefit | -132,000 | - | ||
| Deferred tax benefit | - | -30,000 | ||
| Loss from discontinued operations | -12,166,690 | - | ||
| Net loss | -282,502,126 | -9,296,202 | ||
| Basic EPS | -11.16 | -7.4 | ||
| Diluted EPS | -11.16 | -7.4 | ||
| Basic Average Shares | 25,305,644 | 1,256,217 | ||
| Diluted Average Shares | 25,305,644 | 1,256,217 | ||
Sharps Technology Inc. (STSS)
Sharps Technology Inc. (STSS)