Stablecoin Development Corporation (SDEV)

Stablecoin Development Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	6.97	7.96	0.43	2.92	5.36	7.5
Cash & Short-Term Investments	6.97	7.96	0.43	2.92	5.36	7.5
Cash Growth	30.39%	1750.70%	-85.29%	-45.47%	-28.54%	-37.22%
Accounts Receivable	-	-	-	0.68	1.97	1.67
Receivables	-	-	-	0.68	1.97	1.67
Inventory	-	-	-	0.5	3.65	3.59
Prepaid Expenses	0.39	0.3	0.05	0.26	0.19	0.27
Other Current Assets	0.59	0.42	1.46	2.79	0.16	0.14
Total Current Assets	8.1	8.68	1.94	7.15	11.33	13.17
Property, Plant & Equipment	-	-	0.96	1.38	1.95	0.6
Goodwill	-	-	-	-	0.35	4.53
Other Intangible Assets	-	-	-	-	2.28	5.2
Other Long-Term Assets	119.42	0.36	0.53	0.5	0.49	0.48
Total Assets	127.51	9.04	3.42	9.03	16.4	23.98

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	0.26	0.11	0.91	1.08	1.05
Accrued Expenses	0.2	0.15	0.58	1.17	0.92	0.8
Short-Term Debt	-	0.07	0.57	1.14	-	0.11
Current Portion of Leases	-	0.42	0.4	0.37	0.45	0.2
Current Income Taxes Payable	0.07	0.25	-	-	-	-
Current Unearned Revenue	-	-	-	-	1.81	1.29
Other Current Liabilities	-	-	1.19	0.7	-	-
Total Current Liabilities	0.27	1.14	2.84	4.28	4.26	3.44
Long-Term Leases	-	0.29	0.71	1.11	1.59	0.25
Other Long-Term Liabilities	-	30.43	-	0.33	-	10.12
Total Liabilities	0.27	31.86	3.55	5.72	5.85	13.81

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.51	0.25	0.01	0	0.02	0.48
Additional Paid-In Capital	434.46	186.98	183.31	176.21	165.71	150.9
Retained Earnings	-307.72	-210.42	-183.46	-174.85	-158.15	-141.89
Total Common Equity	127.24	-23.18	-0.14	1.36	7.58	9.49
Shareholders' Equity	127.24	-22.83	-0.13	3.31	10.55	10.17
Total Liabilities & Equity	127.51	9.04	3.42	9.03	16.4	23.98

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	0.78	1.67	2.61	2.04	0.55
Net Cash (Debt)	6.97	7.18	-1.24	0.31	3.32	6.95
Net Cash Growth	61.97%	-	-	-90.64%	-52.24%	-39.27%
Net Cash Per Share	0.07	1.23	-1.83	12.96	-	-
Filing Date Shares Outstanding	50.62	26.63	1.16	0.17	0.01	-
Total Common Shares Outstanding	50.59	25.22	0.98	0.06	0.01	-
Working Capital	7.83	7.53	-0.91	2.88	7.08	9.73
Book Value Per Share	2.52	-0.92	-0.14	21.26	651.79	-
Tangible Book Value	127.24	-23.18	-0.14	1.36	4.95	-0.24
Tangible Book Value Per Share	2.52	-0.92	-0.14	21.26	425.84	-
Machinery	-	-	-	0.61	0.59	0.76
Leasehold Improvements	-	-	-	0.15	0.15	0.08

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

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