DeFi Development Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.8	2.52	5.08	0.98	1.71	0.42
Short-Term Investments	1.38	0.34	-	-	-	-
Cash & Short-Term Investments	10.18	2.86	5.08	0.98	1.71	0.42
Cash Growth	267.65%	-43.70%	417.33%	-42.53%	310.68%	-
Accounts Receivable	0.05	0.2	0.09	0.04	0.11	0.04
Other Receivables	-	-	-	-	0.02	0.26
Receivables	0.05	0.2	0.09	0.04	0.13	0.3
Prepaid Expenses	0.6	0.11	0.13	0.01	0	0.01
Other Current Assets	163.58	0.11	-	-	-	-
Total Current Assets	174.41	3.27	5.29	1.03	1.84	0.72
Property, Plant & Equipment	-	0.05	0.09	0.11	-	-
Goodwill	0.61	0.61	0.61	-	-	-
Other Intangible Assets	3.37	0.38	0.68	0.02	0.02	0.02
Long-Term Accounts Receivable	-	0.04	-	-	-	-
Long-Term Deferred Charges	-	-	-	0.18	-	-
Other Long-Term Assets	301.56	0.02	0.02	0.01	0	0
Total Assets	479.95	4.38	6.68	1.34	1.86	0.74
Accounts Payable	5.52	0.34	0.54	0.16	0.08	0.03
Current Portion of Leases	-	0.01	0.05	0.05	-	-
Current Unearned Revenue	0.12	0.24	0.08	-	-	-
Total Current Liabilities	85.55	0.59	0.68	0.2	0.08	0.03
Long-Term Leases	-	-	0.01	0.07	-	-
Long-Term Unearned Revenue	-	0.1	-	-	-	-
Other Long-Term Liabilities	0.12	0.18	0.18	0.54	1.36	0.84
Total Liabilities	236.15	0.87	0.87	0.81	1.44	0.87
Common Stock	-	0	0	0	0	-
Additional Paid-In Capital	182.49	12.87	12.46	3.79	2.43	-
Retained Earnings	61.31	-9.37	-6.64	-3.27	-2.01	-0.13
Shareholders' Equity	243.8	3.5	5.82	0.53	0.42	-0.13
Total Liabilities & Equity	479.95	4.38	6.68	1.34	1.86	0.74
Total Debt	131.71	0.01	0.07	0.11	-	-
Net Cash (Debt)	-121.53	2.84	5.01	0.87	1.71	0.42
Net Cash Growth	-	-43.23%	476.70%	-49.13%	310.68%	-
Net Cash Per Share	-6.93	0.29	0.68	0.14	0.29	-
Filing Date Shares Outstanding	31.4	10	9.68	6.19	46.36	-
Total Common Shares Outstanding	27.72	9.91	9.67	6.18	46.36	-
Working Capital	88.86	2.68	4.62	0.82	1.76	0.69
Book Value Per Share	8.80	0.35	0.60	0.08	0.01	-
Tangible Book Value	239.82	2.52	4.53	0.51	0.4	-0.15
Tangible Book Value Per Share	8.65	0.25	0.47	0.08	0.01	-
Machinery	-	0.05	0.03	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q