Stablecoin Development Corp
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | — | $9.8M | $10.5M | $14.4M | $10.2M |
| Gross profit | — | $6.5M | $6.1M | $7.8M | $6.5M |
| Operating income | -$8.4M | -$7.4M | -$4.1M | -$14.4M | -$8.9M |
| Operating expenses | $8.4M | $7.4M | $10.2M | $22.2M | $15.4M |
| Cost of revenue | — | $3.3M | $4.4M | $6.6M | $3.7M |
| Cash from operations | -$8.4M | -$7.5M | -$4.1M | -$6.7M | -$9.2M |
| Capital expenditure | — | $6,000 | $19,000 | $112,000 | $52,000 |
| Free cash flow | — | -$7.5M | -$4.2M | -$6.8M | -$9.2M |
| Impairments | $854,000 | $0 | $348,000 | $4.2M | $0 |
| Total assets | $9.0M | $3.4M | $9.0M | $16.4M | $24.0M |
| Total liabilities | $640.5M | $3.6M | $5.7M | $5.8M | $13.8M |
Shares outstanding 27.1M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.