Cypherpunk Technologies Inc. (CYPH)

Cypherpunk Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	-	-	-	-	1.5
Gross Profit	-	-	-	-	1.5
Selling, General & Admin	10.87	12.85	13.81	11.8	10.77
Research & Development	25.67	57.21	73.23	44.97	32.16
Other Operating Expenses	4.53	-	-	-	-
Total Operating Expenses	41.07	70.06	87.04	56.76	42.93
Operating Income	-41.07	-70.06	-87.04	-56.76	-41.43
Interest Income	0.92	3.13	4.03	0.93	0.01
Interest Expense	0.02	-	-	0.05	0.04
Other Non-Operating Income (Expense)	0.16	-0.04	-0.6	-2.66	-1.61
Total Non-Operating Income (Expense)	1.1	3.09	3.43	-1.68	-1.56
Pretax Income	10.08	-66.97	-81.41	-54.45	-40.61
Provision for Income Taxes	-5.26	-0.59	-	-0.15	0.02
Net Income	4.82	-67.79	-81.41	-54.6	-40.59
Net Income Attributable to Preferred Dividends	-	0.23	-	-	-
Net Income to Common	4.82	-67.79	-81.41	-54.6	-40.59
Shares Outstanding (Basic)	66	38	20	11	9
Shares Outstanding (Diluted)	71	38	20	11	9
Shares Change (YoY)	88.20%	83.67%	80.55%	31.94%	44.66%
EPS (Basic)	0.07	-1.81	-3.98	-4.82	-4.70
EPS (Diluted)	0.07	-1.81	-3.98	-4.82	-4.70
Shares Outstanding	83.85	38.33	25.57	9.9	8.83
Free Cash Flow	-43.9	-60.3	-43.75	-49.04	-35.16
Free Cash Flow Per Share	-0.62	-1.61	-2.14	-4.33	-4.10
Gross Margin	-	-	-	-	100.00%
Operating Margin	-	-	-	-	-2761.73%
Profit Margin	-	-	-	-	-2709.00%
FCF Margin	-	-	-	-	-2343.80%
EBITDA	-41.07	-70.05	-87.03	-56.75	-41.26
EBITDA Margin	-	-	-	-	-2750.80%
EBIT	-41.07	-70.06	-87.04	-56.76	-41.43
EBIT Margin	-	-	-	-	-2761.73%
Effective Tax Rate	-52.15%	0.87%	0.00%	0.27%	-0.06%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.