| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Revenue | $208K | +364.0% |
| Cost of Revenue | $9K | +0.0% |
| Gross Profit | $19K | -47.7% |
| SG&A Expense | $2.6M | +189.0% |
| Operating Income | -$3.1M | +49.0% |
| Pre-tax Income | -$2.0M | +70.2% |
| Net Income | -$2.0M | +70.2% |
| EPS (Basic) | $0.00 | — |
| EPS (Diluted) | $0.00 |
| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Cash & Equivalents | $97K | +5413.6% |
| Current Assets | $97K | +5413.6% |
| Total Assets | $221K | — |
| Current Liabilities | $6.3M | -5.7% |
| Total Liabilities | $6.3M | -5.7% |
| Stockholders' Equity | -$6.1M | +9.0% |
| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Operating Cash Flow | -$1.4M | -73.5% |
| Financing Cash Flow | $1.5M | +103.0% |
Business Overview
The Crypto Company operates as a blockchain infrastructure and consulting services provider through its subsidiary Technology Convergence Company (TechCC), offering training, education, and enterprise blockchain solutions. In March 2026, subsequent to fiscal year end, the company acquired the intellectual property of Frame Holdings Ltd. to develop the Frame Blockchain, a Layer 1 interoperability network designed to connect fragmented crypto ecosystems, with planned launch in 2026. The company generated revenues primarily through consulting operations during 2025 and 2024.
Segment Performance
The company operates through a single business segment providing blockchain consulting and education services through Technology Convergence Company (TechCC). Specific revenue and income figures for this period compared to prior period are not disclosed in the provided MD&A text. The company notes it generated revenues and incurred expenses primarily through consulting operations during both 2025 and 2024 fiscal years.
Forward Guidance
The company states: "We intend to launch the Frame Blockchain in 2026" and "We believe this acquisition significantly expands our capabilities as a blockchain infrastructure company and positions us at the center of the growing crypto commerce and interoperability market." The forward-looking statements section indicates the company "cannot guarantee future results, levels of activity, performance, or achievements" and notes that "actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions, or other future performance suggested in this Annual Report."
Key Risk Factors
The company faces significant risks including: (1) ability to execute business plans and achieve profitability given history of losses; (2) rapidly advancing technology and competitive pressures from larger competitors with greater financial resources in both consulting/education and blockchain infrastructure markets; (3) evolving regulatory landscape for blockchain technology from SEC, CFTC, FTC, and FinCEN with uncertain application to the company's business; (4) reliance on third-party cloud-based service providers and potential cybersecurity vulnerabilities; and (5) volatility of digital assets and public perception of blockchain technology and cryptocurrency.
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