| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenues, net | $31.8M+33.9% | $23.8M | — | — |
| Banking and payment costs | $28.7M+27.5% | $22.5M | — | — |
| Custody and trading costs | $1.0M+349.2% | $228K | — | — |
| Compensation and benefits | $17.7M+448.6% | $3.2M | — | — |
| Marketing expenses | $1.7M+246.2% | $494K | — | — |
| Professional fees | $5.4M+191.7% | $1.9M | — | — |
| Amortization expense | $558K+90.9% | $292K | — | — |
| (Gain) Loss on customer rewards liability | -$798K-115.3% | $5.2M | — | — |
| (Gain) loss on digital assets - rewards treasury | $394K+107.0% | -$5.6M | — | — |
| Other selling, general and administrative expenses | $4.9M+244.7% | $1.4M | — | — |
| Total operating expenses | $59.5M+101.3% | $29.6M | — | — |
| Operating loss | -$27.7M-377.0% | -$5.8M | — | — |
| Gain (loss) on digital assets - investment treasury | -$9.2M-131.6% | $29.2M | — | — |
| Change in fair value of SAFEs | -$7.2M+91.9% | -$88.4M | — | — |
| Change in fair value of convertible note | -$928K | $0 | — | — |
| Convertible note issuance costs and fees | -$9.6M | $0 | — | — |
| Loss on extinguishment of debt | -$9.6M | $0 | — | — |
| Interest expense | -$5.7M-2339.0% | -$234K | — | — |
| Other income | $395K+329.8% | $92K | — | — |
| Other expense, net | -$41.9M+29.4% | -$59.3M-664.5% | $10.5M | — |
| Net loss before income taxes | -$69.6M-6.9% | -$65.1M-1061.5% | $6.8M+267.4% | $1.8M |
| Income tax expense (benefit) | $1K-80.1% | $7K+100.3% | -$2.3M-220.1% | -$726K |
| Net loss | -$69.6M-6.9% | -$65.1M-1564.8% | $4.4M+298.3% | $1.1M |
| Basic | $42.2M+623.3% | $5.8M+4169201328.6% | $0.14+366.7% | $0.03 |
| Diluted | $42.2M+623.3% | $5.8M+4169201328.6% | $0.14 | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.