For the quarter ending 2026-03-31, USBC has $72,278,302 in assets. $12,375,741 in debts. $2,035,047 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 2,035,047 | 4,092,308 | 8,821,999 | |
| Prepaid expenses | 486,450 | 291,174 | 228,030 | |
| Derivative assets | 8,165 | 61,348 | 708,170 | |
| Digital assets - receivable, net | 894,853 | 2,348,695 | - | |
| Total current assets | 3,424,515 | 6,793,525 | 9,758,199 | |
| Property and equipment, net | - | 28,547 | 35,429 | |
| Digital assets | 68,674,725 | 86,637,784 | 115,042,951 | |
| Other assets | - | 24,174 | 24,174 | |
| Other non-current assets | 24,174 | - | - | |
| Operating lease right-of-use asset | 154,888 | 186,900 | 218,475 | |
| Total assets | 72,278,302 | 93,670,930 | 125,079,228 | |
| Accounts payable - trade | 2,913,837 | 1,988,049 | 1,828,919 | |
| Accounts payable - related parties | - | 0 | 53,750 | |
| Accrued expenses | 2,652,260 | 1,095,885 | 962,354 | |
| Accrued expenses - related parties | - | - | 0 | |
| Current portion of convertible notes payable, net | - | 0 | 88,428 | |
| Current portion of convertible notes payable - related parties | - | - | 0 | |
| Loan payable | 5,000,000 | - | - | |
| Current portion of operating lease right-of-use liability | 87,362 | 84,712 | 82,118 | |
| Derivative liabilities | 23,355 | 509,022 | 724,255 | |
| Total current liabilities | 10,676,814 | 3,677,668 | 3,739,824 | |
| Operating lease liability, net of current portion | 127,472 | 150,106 | 172,245 | |
| Non-current portion of convertible notes payable, net | - | - | 0 | |
| Deferred tax liability | 1,571,455 | 8,311,381 | 24,047,988 | |
| Total liabilities | 12,375,741 | 12,139,155 | 27,960,057 | |
| Preferred stock, value, issued-Convertible Preferred Stock Series C | - | - | 0 | |
| Preferred stock, value, issued-Convertible Preferred Stock Series D | - | - | 0 | |
| Common stock | 388,144 | 388,144 | 388,144 | |
| Additional paid in capital | 275,614,847 | 271,689,292 | 259,820,840 | |
| Accumulated deficit | -216,100,430 | -190,545,661 | -163,089,813 | |
| Total stockholders' equity | 59,902,561 | 81,531,775 | 97,119,171 | |
| Total liabilities and stockholders' equity | 72,278,302 | 93,670,930 | 125,079,228 | |
USBC, Inc. (USBC)
USBC, Inc. (USBC)