DeFi Development Corp. (DFDV)
Nasdaq: DFDV · Finance Services · Boca Raton, FL · filing with the SEC since 2020
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Mar 30, 2026 | Mar 27, 2025 | Mar 28, 2024 | · |
| Revenue | 11,386,000 | 2,100,000 | 2,003,155 | 2,150,937 |
| Cost of revenue | 249,000 | 32,000 | · | · |
| Research and development | 1,142,000 | 655,000r | 792,131 | 426,828 |
| Sales and marketing | 2,245,000 | 1,497,000r | 1,975,219 | 1,623,900 |
| General and administrative | 14,330,000 | 2,612,000r | 2,639,785r | 1,820,604 |
| Total operating expenses | 47,784,000 | 5,103,000r | 5,408,047 | 3,871,332 |
| Total costs and expenses | 47,784,000 | 5,103,000 | · | · |
| Operating income | -36,398,000 | -3,003,000r | -3,404,892 | -1,720,395 |
| Interest expense | 8,931,000 | 0 | · | · |
| Interest and investment income | · | 156,020 | 140,720 | 9,241 |
| Share of profit of equity-method investments | -153,500 | · | · | · |
| Other income (expense), net | -4,836,000 | 162,000r | 31,098 | 458,720 |
| Total non-operating income (expense) | · | 276,700 | 31,098 | · |
| Income before income taxes | -73,779,000 | -2,727,000 | · | · |
| Income tax expense | 9,000 | 0 | · | · |
| Net income | -73,788,000 | -2,727,000r | -3,373,794 | -1,261,675 |
| Net income to common shareholders | -73,788,000 | -2,727,000 | · | · |
| Earnings per share, basic | -4.00 | -0.28r | -0.4557rb | -0.2057b |
| Earnings per share, diluted | -4.00 | -0.28r | -0.4557rb | -0.2057b |
| Weighted average shares, basic | 18,453,000 | 9,765,000r | 7,395,129rb | 6,022,258b |
| Weighted average shares, diluted | 18,453,000 | 9,765,000r | 7,395,129rb | 6,022,258b |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 7-for-1 split of May 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding