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FY2025
12 months to Dec 31, 2025
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|---|---|
| Revenue | |
| Net revenue | |
| Other revenue | |
| Total revenue | |
| Operating expenses: | |
| Salaries and compensation | |
| Technology | |
| General and administrative | |
| Transaction losses | |
| Sales and marketing | |
| Transaction processing | |
| Total operating expenses | |
| Operating loss | |
| Other income (expense): | |
| Realized and unrealized gain (loss) on crypto assets and receivable, crypto assets pledged | |
| Realized and unrealized gain (loss) on related party crypto loans | |
| Change in fair value on related party convertible notes | |
| Change in fair value on related party loans | |
| Interest expense on related party loans | |
| Interest expense on third party loans | |
| Interest expense on funding debt | |
| Other income (expense), net | |
| Total other income (expense), net | |
| Net loss before income taxes | |
| Income tax benefit (provision) | |
| Net loss | |
| Other comprehensive income (loss): | |
| Foreign currency translation, net of tax | |
| Change in fair value attributable to instrument-specific credit risk | |
| Total other comprehensive income (loss) | |
| Comprehensive loss | |
| Net loss per share attributable to common stockholders | |
| Basic (in dollars per share) | |
| Diluted (in dollars per share) | |
| Weighted average shares outstanding - basic (in shares) | |
| Weighted average shares outstanding - diluted (in shares) |
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