SBET
Sharplink, Inc.
Company overview
- Market capitalization
- $2.06B
- Employees
- 15
- Latest publication
- 2026-09-29
About Sharplink, Inc.
Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management segment focuses on the accumulation and active management of ETH as a long-term treasury asset. Its activities include native and liquid staking arrangements executed within a governance, custody, and risk management framework. The Affiliate Marketing segment provides performance-based customer acquisition services to sportsbook and online casino gaming operators. It also drives user traffic and player acquisition for licensed gaming operators through PAS.net, an international affiliate network, as well as a portfolio of U.S. state-specific digital properties. The company was formerly known as SharpLink Gaming, Inc. and changed its name to Sharplink, Inc. in February 2026. The company was founded in 2019 and is headquartered in Miami, Florida.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 12,058,000USD | 15,772,411USD | 10,843,567USD | 697,291USD | 741,731USD | 823,441USD | 881,690USD | 981,272USD |
| Cost Of Revenue | 432,000USD | 373,293USD | 430,569USD | 488,202USD | 609,936USD | 657,155USD | 709,045USD | 701,142USD |
| Gross Profit | 11,626,000USD | 15,399,118USD | 10,412,998USD | 209,089USD | 131,795USD | 166,286USD | 172,645USD | 280,130USD |
| Selling General Administrative | 9,319,000USD | 26,956,074USD | 12,176,052USD | 18,712,535USD | 1,057,339USD | 1,242,413USD | 970,080USD | 1,484,680USD |
| Selling And Marketing Expenses | 557,000USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 9,876,000USD | 26,956,074USD | -94,507,675USD | 103,589,273USD | 1,057,339USD | 1,242,413USD | 970,080USD | 1,484,680USD |
| Operating Income | 1,750,000USD | -11,556,956USD | 104,920,673USD | -103,380,184USD | -925,544USD | -1,076,127USD | -797,438USD | -1,204,550USD |
| Interest Income | 203,000USD | 279,185USD | 118,948USD | 36,935USD | 11,932USD | 12,083USD | 16,178USD | 15,931USD |
| Net Interest Income | 203,000USD | 279,185USD | 118,948USD | 36,935USD | 11,932USD | 12,083USD | 16,178USD | 15,607USD |
| Income Before Tax | -684,378,000USD | -734,252,448USD | 105,039,621USD | -103,343,249USD | -913,924USD | -1,063,921USD | -781,257USD | -873,560USD |
| Income Tax Expense | 1,183,000USD | 223,560USD | 792,346USD | 27,286USD | 2,808USD | -55,745USD | 6,735USD | 43,104USD |
| Tax Provision | 1,183,000USD | 223,560USD | 792,346USD | 27,286USD | 2,808USD | -55,745USD | 6,735USD | 43,104USD |
| Net Income | -685,561,000USD | -734,459,577USD | 104,270,205USD | -103,422,727USD | -974,901USD | -902,647USD | -885,131USD | -462,958USD |
| Net Income From Continuing Ops | -685,561,000USD | -734,476,008USD | 104,247,275USD | -103,370,535USD | -916,732USD | -1,008,176USD | -787,992USD | -916,664USD |
| Ebit | 1,750,000USD | -734,252,448USD | 105,039,621USD | -103,343,249USD | -925,544USD | -1,063,925USD | -781,257USD | -873,236USD |
| Ebitda | 1,751,000USD | -734,249,609USD | 105,041,703USD | -103,341,282USD | -923,432USD | -1,061,415USD | -778,469USD | -869,865USD |
| Depreciation And Amortization | 1,000USD | 2,839USD | 2,082USD | 1,967USD | 2,112USD | 2,510USD | 2,788USD | 3,371USD |
| Reconciled Depreciation | 1,000USD | 2,839USD | 2,082USD | 1,967USD | 2,112USD | 2,510USD | 2,788USD | 3,371USD |
| Total Other Income Expense Net | -686,128,000USD | -722,695,492USD | 118,948USD | 36,935USD | 11,620USD | 12,206USD | 16,178USD | 330,990USD |
| Interest Expense | — | 0USD | 0USD | 0USD | 0USD | 649,036USD | 0USD | 324USD |
| Unclassified Operating Expenses | — | — | -106,683,727USD | 84,876,738USD | — | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 28,055,000USD | 3,662,349USD | 4,952,725USD | 3,489,948USD | 2,635,757USD | 2,278,814USD | 2,381,737USD | 5,861,000USD |
| Cost Of Revenue | 1,902,000USD | 2,756,076USD | 3,420,062USD | 2,173,835USD | 2,935,119USD | 1,855,098USD | 2,020,230USD | 2,149,000USD |
| Gross Profit | 26,153,000USD | 906,273USD | 1,532,663USD | 1,316,113USD | -299,362USD | 423,716USD | 361,507USD | 3,712,000USD |
| Selling General Administrative | 58,902,000USD | 5,669,248USD | 14,234,285USD | 11,884,112USD | 29,759,850USD | 1,630,411USD | 743,270USD | 2,239,000USD |
| Total Operating Expenses | 58,902,000USD | 5,669,248USD | 10,425,865USD | 15,598,951USD | 33,195,352USD | 1,630,411USD | 743,270USD | 4,535,000USD |
| Operating Income | -32,749,000USD | -4,762,975USD | -8,893,202USD | -14,282,838USD | -33,494,714USD | -1,206,695USD | -381,763USD | -823,000USD |
| Interest Income | 447,000USD | 60,289USD | 1,232,622USD | 72,000USD | 29,055USD | 23,468USD | 15,777USD | — |
| Interest Expense | 0USD | 324,518USD | 1,150,341USD | 109,165USD | 26,189,757USD | 1,375USD | 20,037USD | 284,000USD |
| Net Interest Income | 447,000USD | -264,229USD | 13,978USD | -65,519USD | 29,055USD | 22,093USD | -4,260USD | — |
| Income Before Tax | -733,470,000USD | -4,473,875USD | -11,232,890USD | -14,108,601USD | -33,465,659USD | -1,138,102USD | -386,023USD | -840,000USD |
| Income Tax Expense | 1,046,000USD | -232USD | 15,708USD | -12,955USD | 4,171USD | 970USD | -79,870USD | 46,000USD |
| Tax Provision | 1,046,000USD | -232USD | 51,966USD | 11,366USD | 6,083USD | 970USD | -79,870USD | — |
| Net Income | -734,587,000USD | 10,099,619USD | -14,243,182USD | -15,233,378USD | -55,644,135USD | -1,139,072USD | -306,153USD | -886,000USD |
| Net Income From Continuing Ops | -734,516,000USD | -4,473,643USD | -11,433,066USD | -15,303,402USD | -55,627,135USD | -1,139,072USD | -306,153USD | — |
| Ebit | -733,470,000USD | -4,762,975USD | -6,428,470USD | -13,999,436USD | -33,465,659USD | -1,136,727USD | -365,986USD | -840,000USD |
| Ebitda | -733,461,000USD | -4,750,873USD | -6,192,056USD | -13,087,188USD | -33,259,413USD | -1,003,697USD | -268,129USD | -758,000USD |
| Depreciation And Amortization | 9,000USD | 12,102USD | 236,414USD | 912,248USD | 206,246USD | 133,030USD | 97,857USD | 82,000USD |
| Reconciled Depreciation | 9,000USD | 12,102USD | 899,805USD | 1,165,517USD | 270,144USD | 133,030USD | 97,857USD | — |
| Total Other Income Expense Net | -700,721,000USD | 289,100USD | -2,339,688USD | 174,237USD | 29,055USD | 68,593USD | -4,260USD | -17,000USD |
| Unclassified Operating Expenses | — | — | -3,808,420USD | 3,714,839USD | 3,435,502USD | — | — | — |
| Non Operating Income Net Other | — | — | — | 184,481USD | — | — | — | — |
| Discontinued Operations | — | — | — | 70,024USD | -17,000USD | -17,000USD | -17,000USD | — |
| Net Income Applicable To Common Shares | — | — | — | -15,233,378USD | -56,424,519USD | -1,155,900USD | -306,153USD | — |
| Selling And Marketing Expenses | — | — | — | — | — | 752,000USD | — | 1,471,000USD |
| Research Development | — | — | — | — | — | — | 545,000USD | 825,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,744,038,000USD | 2,431,766,000USD | 3,072,974,028USD | 453,912,306USD | 2,777,729USD | 2,571,169USD | 2,915,156USD | 3,762,617USD |
| Intangible Assets | 1,725,992,000USD | 8,000USD | 9,469USD | 382,433,345USD | 11,944USD | 13,162USD | 14,406USD | 15,651USD |
| Other Current Assets | 689,000USD | 511,000USD | 1,829,114USD | 1,080,442USD | 565,737USD | 853,088USD | 588,843USD | 599,748USD |
| Total Liab | 5,437,000USD | 12,749,000USD | 4,572,266USD | 1,392,956USD | 693,113USD | 488,300USD | 895,013USD | 1,001,702USD |
| Total Stockholder Equity | 1,738,601,000USD | 2,419,017,000USD | 3,068,401,762USD | 452,519,350USD | 2,084,616USD | 2,082,869USD | 2,020,143USD | 2,760,915USD |
| Other Current Liab | 5,437,000USD | 1,000USD | 1,020USD | 970USD | 930USD | 206,906USD | 151,428USD | 290,266USD |
| Common Stock | 20,000USD | 20,000USD | 19,414USD | 6,617USD | 58USD | 461USD | 343USD | 343USD |
| Capital Stock | 20,000USD | 20,000USD | 19,414USD | 6,617USD | 60USD | 463USD | 345USD | 345USD |
| Retained Earnings | -1,497,957,000USD | -812,396,000USD | -77,936,382USD | -182,206,587USD | -78,783,860USD | -77,808,959USD | -76,906,312USD | -76,021,181USD |
| Cash | 16,875,000USD | 28,539,000USD | 11,128,231USD | 5,071,744USD | 1,374,943USD | 1,436,729USD | 1,850,206USD | 2,435,600USD |
| Cash And Short Term Investments | 16,875,000USD | 30,421,000USD | 37,835,713USD | 5,071,744USD | 1,374,943USD | 1,436,729USD | 1,850,206USD | 2,435,600USD |
| Total Current Assets | 18,025,000USD | 31,153,000USD | 40,003,811USD | 9,512,823USD | 2,263,632USD | 2,554,648USD | 2,896,126USD | 3,740,798USD |
| Total Current Liabilities | 5,437,000USD | 12,749,000USD | 4,572,266USD | 1,392,956USD | 693,113USD | 488,300USD | 895,013USD | 1,001,702USD |
| Net Debt | -16,875,000USD | -28,539,000USD | -11,128,231USD | -5,071,744USD | -1,374,943USD | -1,436,729USD | -1,850,206USD | -2,435,600USD |
| Short Term Investments | 0USD | 1,882,000USD | 26,707,482USD | — | — | 0USD | — | — |
| Net Receivables | 461,000USD | 221,000USD | 338,984USD | 3,360,637USD | 322,952USD | 264,831USD | 457,077USD | 705,450USD |
| Accounts Payable | 5,437,000USD | 12,748,000USD | 4,571,246USD | 1,391,986USD | 692,183USD | 281,394USD | 743,585USD | 711,436USD |
| Common Stock Shares Outstanding | 210,865,894shares | 196,697,343shares | 167,172,597shares | 24,202,467shares | 531,228shares | 332,003shares | 292,526shares | 282,708shares |
| Non Current Assets Total | 1,726,013,000USD | 2,400,613,000USD | 3,032,970,217USD | 444,399,483USD | 514,097USD | 16,521USD | 19,030USD | 21,819USD |
| Non Current Liabilities Total | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Non Currrent Assets Other | -1,725,971,000USD | 2,400,595,000USD | 3,032,452,888USD | 61,462,203USD | 502,153USD | 3,359USD | 4,624USD | 0USD |
| Net Working Capital | 12,588,000USD | 18,404,000USD | 35,431,545USD | 8,119,867USD | 1,570,519USD | 2,066,348USD | 2,001,113USD | 2,739,096USD |
| Unclassified Current Liabilities | -5,437,000USD | — | — | — | — | — | — | — |
| Unclassified Equity | 3,236,518,000USD | 3,231,373,000USD | 3,146,299,316USD | 634,712,703USD | 80,868,358USD | 79,890,904USD | 78,925,767USD | 78,781,751USD |
| Property Plant Equipment Net | — | 10,000USD | 7,860USD | 3,935USD | 2,153USD | 3,359USD | 4,624USD | 6,168USD |
| Property Plant Equipment Gross | — | 10,000USD | 7,860USD | 3,935USD | 2,153USD | 35,270USD | 4,624USD | 6,168USD |
| Long Term Investments | — | — | 500,000USD | 500,000USD | 500,000USD | — | — | — |
| Accumulated Other Comprehensive Income | — | — | — | — | 0USD | 0USD | 0USD | -343USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 2,431,766,000USD | 2,571,169USD | 71,280,178USD | 65,045,491USD | 20,559,826USD | 4,420,947USD | 8,042,999USD | 7,523,000USD |
| Intangible Assets | 8,000USD | 13,162USD | 168,112USD | 838,463USD | 5,551,540USD | 608,596USD | 429,066USD | 21,000USD |
| Other Current Assets | 511,000USD | 853,088USD | 68,188,674USD | 52,076,348USD | 2,318,505USD | 4,647USD | 380,999USD | 227,000USD |
| Total Liab | 12,749,000USD | 488,300USD | 80,679,947USD | 62,058,975USD | 6,368,370USD | 1,706,389USD | 4,938,000USD | 5,120,000USD |
| Total Stockholder Equity | 2,419,017,000USD | 2,082,869USD | -9,399,769USD | 2,986,516USD | 14,191,456USD | 2,714,558USD | 3,105,000USD | 2,403,000USD |
| Other Current Liab | 1,000USD | 206,906USD | 67,026,522USD | 13,232,591USD | 4,709,611USD | 962,408USD | 2,690,000USD | 2,870,000USD |
| Common Stock | 20,000USD | 461USD | 572,770USD | 537,731USD | 447,346USD | 215,014USD | 30,000USD | 27,000USD |
| Capital Stock | 20,000USD | 463USD | 576,706USD | 541,553USD | 450,936USD | 215,014USD | — | — |
| Retained Earnings | -812,396,000USD | -77,808,959USD | -87,857,456USD | -73,565,641USD | -58,332,263USD | -2,688,128USD | -27,547,000USD | -27,412,000USD |
| Cash | 28,539,000USD | 1,436,729USD | 2,487,481USD | 1,381,344USD | 6,065,461USD | 2,585,180USD | 3,196,000USD | 2,530,000USD |
| Cash And Short Term Investments | 30,421,000USD | 1,436,729USD | 2,487,481USD | 1,381,344USD | 6,065,461USD | 2,585,180USD | 3,196,000USD | 2,530,000USD |
| Total Current Assets | 31,153,000USD | 2,554,648USD | 71,103,274USD | 53,910,565USD | 9,488,434USD | 3,221,076USD | 4,102,999USD | 3,422,000USD |
| Total Current Liabilities | 12,749,000USD | 488,300USD | 79,247,884USD | 58,911,033USD | 5,860,555USD | 1,536,481USD | 3,944,000USD | 4,217,000USD |
| Net Debt | -28,539,000USD | -1,436,729USD | 10,324,729USD | 1,543,179USD | -5,899,939USD | -2,392,093USD | -3,196,000USD | -2,530,000USD |
| Short Term Investments | 1,882,000USD | 0USD | — | — | — | — | — | — |
| Net Receivables | 221,000USD | 264,831USD | 427,119USD | 452,873USD | 1,104,468USD | 631,249USD | 526,000USD | 665,000USD |
| Accounts Payable | 12,748,000USD | 281,394USD | 834,060USD | 689,159USD | 813,621USD | 114,000USD | 149,000USD | 164,000USD |
| Property Plant Equipment Net | 10,000USD | 3,359USD | 8,792USD | 21,881USD | 220,627USD | 210,275USD | 62,000USD | 60,000USD |
| Property Plant Equipment Gross | 10,000USD | 35,270USD | 33,551USD | 290,898USD | 237,627USD | 35,000USD | — | — |
| Common Stock Shares Outstanding | 99,719,495shares | 286,938shares | 230,080shares | 20,732shares | 119,169shares | 44,773shares | 20,889shares | 14,313shares |
| Non Current Assets Total | 2,400,613,000USD | 16,521USD | 176,904USD | 11,134,926USD | 11,071,392USD | 1,199,871USD | 3,939,999USD | 4,101,000USD |
| Non Current Liabilities Total | 0USD | 0USD | 1,432,063USD | 3,147,942USD | 507,815USD | 169,907USD | 993,999USD | 903,000USD |
| Non Currrent Assets Other | 2,400,595,000USD | 3,359USD | 8,792USD | 8,459,415USD | 1,588,058USD | -171,000USD | 652,999USD | 541,000USD |
| Net Working Capital | 18,404,000USD | 2,066,348USD | -8,144,610USD | -5,000,468USD | 3,627,879USD | 1,684,595USD | — | — |
| Unclassified Equity | 3,231,373,000USD | 79,890,904USD | 77,308,211USD | 75,501,872USD | 71,625,437USD | 4,977,924USD | 31,253,000USD | 30,997,000USD |
| Accumulated Other Comprehensive Income | — | 0USD | 0USD | 1USD | 0USD | -5,266USD | -631,000USD | -1,209,000USD |
| Good Will | — | — | 0USD | 1,615,167USD | 3,511,167USD | 381,000USD | 3,225,000USD | 3,479,000USD |
| Current Deferred Revenue | — | — | 629,639USD | 44,338,040USD | 308,058USD | 406,508USD | 962,000USD | 1,053,000USD |
| Short Term Debt | — | — | 11,387,302USD | 651,243USD | 29,265USD | 27,565USD | 360,479USD | — |
| Short Long Term Debt | — | — | 11,387,302USD | 5,139,569USD | — | — | — | — |
| Short Long Term Debt Total | — | — | 12,812,210USD | 2,924,523USD | 165,522USD | 193,087USD | 193,086USD | — |
| Long Term Debt | — | — | 1,424,908USD | 2,931,698USD | — | — | — | — |
| Inventory | — | — | 383,295USD | 12,442,957USD | 1,025,029USD | 0USD | — | — |
| Unclassified Current Liabilities | — | — | -12,016,941USD | -5,139,569USD | — | — | — | — |
| Long Term Investments | — | — | — | 200,000USD | 200,000USD | 0USD | — | — |
| Treasury Stock | — | — | — | -29,000USD | — | — | — | — |
| Non Current Liabilities Other | — | — | — | 1USD | 366,000USD | — | — | — |
| Net Tangible Assets | — | — | — | -7,661,333USD | 3,838,101USD | 365,915USD | 2,287,845USD | — |
| Unclassified Current Assets | — | — | — | -12,442,957USD | -1,025,029USD | — | — | — |
| Other Liab | — | — | — | — | 371,558USD | 4,386USD | 3,417USD | — |
| Other Assets | — | — | — | — | 284,000USD | — | 1USD | 1USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -685,561,000USD | -734,349,216USD | 104,247,275USD | -103,422,727USD | -974,901USD | -1,008,176USD | -787,992USD | -916,664USD |
| Depreciation | 1,000USD | 2,839USD | 2,083USD | 1,967USD | 2,112USD | 2,509USD | 2,789USD | 3,370USD |
| Stock Based Compensation | 3,001,000USD | 26,451,431USD | -12,896,425USD | 16,415,902USD | 69,460USD | 35,803USD | 39,558USD | 43,052USD |
| Other Non Cash Items | 677,426,000USD | 694,297,592USD | -113,909,831USD | 85,485,527USD | -60,946USD | 111,669USD | -152,621USD | -368,506USD |
| Change To Account Receivables | -62,000USD | 373,623USD | -469,779USD | 51,047USD | -58,121USD | -80,978USD | -126,267USD | 33,316USD |
| Change In Working Capital | -2,511,999USD | 3,785,654USD | 3,015,701USD | -76,057USD | 392,021USD | -455,539USD | 258,555USD | -206,539USD |
| Total Cash From Operating Activities | -10,645,999USD | -9,811,700USD | -6,644,771USD | -1,595,388USD | -514,085USD | -1,349,563USD | -679,299USD | -1,488,281USD |
| Capital Expenditures | 0USD | -4,050USD | -5,088USD | -2,518USD | -5USD | -7USD | -10USD | -12USD |
| Free Cash Flow | -10,646,000USD | -9,815,750USD | -6,649,860USD | -1,597,906USD | -452,827USD | -1,349,570USD | -679,310USD | -1,488,270USD |
| Investments | 1,882,000USD | 24,886,857USD | -2,498,202,595USD | -405,819,197USD | -500,000USD | 0USD | 0USD | 0USD |
| Total Cashflows From Investing Activities | 1,877,999USD | -96,144,127USD | -2,628,809,882USD | -405,819,197USD | -500,000USD | -70,678USD | -80,693USD | 153,326USD |
| Total Cash From Financing Activities | -2,896,000USD | 124,552,121USD | 2,641,952,790USD | 411,111,386USD | 907,188USD | 729,076USD | -78,379USD | 220,285USD |
| Issuance Of Capital Stock | 0USD | 76,508,921USD | 2,616,597,592USD | 431,654,298USD | 907,185USD | 797,919USD | 0USD | 71,356USD |
| Change In Cash | -11,664,000USD | 17,397,753USD | 6,056,487USD | 3,696,801USD | -106,897USD | -413,477USD | -585,394USD | -1,578,238USD |
| Begin Period Cash Flow | 28,539,000USD | 11,178,247USD | 5,071,744USD | 1,374,943USD | 1,541,856USD | 1,850,206USD | 2,435,600USD | 4,013,838USD |
| End Period Cash Flow | 16,875,000USD | 28,576,000USD | 11,128,231USD | 5,071,744USD | 1,434,959USD | 1,436,729USD | 1,850,206USD | 2,435,600USD |
| Other Cashflows From Investing Activities | 1,878,000USD | 311,631,624USD | -3,036,580,548USD | -405,816,679USD | -500,000USD | -70,671USD | -80,686USD | 153,312USD |
| Other Cashflows From Financing Activities | -2,896,000USD | 1,187,755USD | -1,187,782USD | 411,111,386USD | 3USD | -22,043USD | -25,167USD | 47,821USD |
| Unclassified Operating Cash Flow | -3,001,000USD | — | 12,896,426USD | — | — | — | — | — |
| Unclassified Investing Cash Flow | -1,882,001USD | -432,658,558USD | 2,905,978,349USD | 405,819,197USD | — | — | — | — |
| Net Borrowings | — | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | — |
| Sale Purchase Of Stock | — | -33,612,538USD | -31,692,488USD | — | — | — | — | — |
| Unclassified Financing Cash Flow | — | 156,976,904USD | 2,674,833,060USD | -431,654,298USD | — | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -734,587,000USD | -4,473,643USD | -11,248,598USD | -14,095,646USD | -55,644,135USD | -1,139,072USD | -306,153USD | -1,170,000USD |
| Depreciation | 9,000USD | 12,102USD | 107,414USD | 912,248USD | 270,144USD | 133,030USD | 97,857USD | 82,000USD |
| Stock Based Compensation | 13,661,000USD | 148,524USD | 261,373USD | 1,940,691USD | 1,656,674USD | 67,070USD | 47,000USD | 90,000USD |
| Other Non Cash Items | 696,061,000USD | -17,142,471USD | 10,105,382USD | 7,388,994USD | 47,025,096USD | -46,500USD | -47,000USD | 341,000USD |
| Change To Account Receivables | 161,000USD | -110,832USD | 25,754USD | 68,320USD | 42,950USD | 557,980USD | 27,471USD | -67,000USD |
| Change In Working Capital | 7,375,000USD | -1,351,843USD | 1,363,522USD | -224,305USD | 619,845USD | 215,398USD | 362,988USD | -597,000USD |
| Total Cash From Operating Activities | -17,481,000USD | -22,814,486USD | 582,887USD | -5,937,386USD | -6,071,204USD | -769,104USD | 74,822USD | -1,219,000USD |
| Capital Expenditures | -11,000USD | -1,719USD | -286,146USD | -13,043USD | -260,243USD | -298,299USD | -193,000USD | -14,000USD |
| Free Cash Flow | -17,481,000USD | -22,816,205USD | 296,741USD | -5,950,430USD | -6,331,447USD | -1,067,403USD | -118,178USD | -1,233,000USD |
| Investments | -339,516,000USD | -18,709,553USD | 48,061,546USD | 48,302,068USD | -200,000USD | -200,000USD | -200,000USD | — |
| Total Cashflows From Investing Activities | -2,954,139,000USD | -18,709,553USD | -1,032,097USD | 48,302,068USD | -4,411,720USD | -298,299USD | -193,000USD | -15,000USD |
| Net Borrowings | 0USD | -12,569,050USD | 9,310,779USD | 2,675,343USD | 0USD | 46,500USD | 71,040USD | — |
| Total Cash From Financing Activities | 2,998,715,000USD | -17,375,235USD | 9,784,854USD | 2,675,343USD | 15,678,085USD | 1,851,353USD | 1,919,408USD | 1,541,000USD |
| Sale Purchase Of Stock | -31,692,000USD | 0USD | — | — | 0USD | -750,000USD | 1,882,500USD | — |
| Issuance Of Capital Stock | 3,130,168,000USD | 869,275USD | 0USD | 0USD | 15,843,977USD | 2,799,751USD | 2,562,264USD | — |
| Change In Cash | 27,034,000USD | -58,899,274USD | 9,335,644USD | -4,684,117USD | 5,195,161USD | 783,950USD | 1,801,230USD | 307,000USD |
| Begin Period Cash Flow | 1,542,000USD | 60,441,130USD | 51,105,486USD | 6,065,461USD | 2,585,180USD | 1,801,230USD | 1,150,000USD | 2,223,000USD |
| End Period Cash Flow | 28,576,000USD | 1,541,856USD | 60,441,130USD | 1,381,344USD | 7,780,341USD | 2,585,180USD | 1,801,230USD | 2,530,000USD |
| Other Cashflows From Investing Activities | -2,954,139,000USD | -18,707,834USD | -745,951USD | 48,333,370USD | 1,932,000USD | -292,229USD | -173,710USD | -1,000USD |
| Other Cashflows From Financing Activities | 2,998,715,000USD | -5,675,460USD | 474,075USD | -25,432USD | 5,834,108USD | 4,340,110USD | -124,563USD | -15,000USD |
| Unclassified Investing Cash Flow | 339,527,000USD | 18,709,553USD | -48,061,546USD | -48,320,327USD | -5,883,477USD | — | — | — |
| Unclassified Financing Cash Flow | 31,692,000USD | — | — | — | 9,843,977USD | -1,131,687USD | — | 1,556,000USD |
| Dividends Paid | — | -44,619USD | -48,633USD | — | 0USD | -653,570USD | -589,333USD | — |
| Change To Liabilities | — | — | — | 1,012,947USD | -115,450USD | -410,164USD | 350,627USD | — |
| Cash And Cash Equivalents Changes | — | — | — | 45,040,025USD | — | — | — | — |
| Unclassified Operating Cash Flow | — | — | — | -1,859,368USD | — | — | — | — |
| Change To Inventory | — | — | — | — | — | 35,000USD | 15,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Segment | ETHStaking Segmet — Affiliate Marketing Services | 557,000 | USD | 0001493152-26-021981 |
| Q1 2026Quarterly · 2026-03-31 | Segment | ETHStaking Segmet — ETHTreasury Management | 11,501,000 | USD | 0001493152-26-021981 |
| Q1 2024Quarterly · 2024-03-31 | Geography | Rest of World | 767,945 | USD | 0001493152-24-020437 |
| Q1 2024Quarterly · 2024-03-31 | Geography | United States | 208,001 | USD | 0001493152-24-020437 |
| Q1 2024Quarterly · 2024-03-31 | Product | Affiliate Marketing Services International | 767,945 | USD | 0001493152-24-020437 |
| Q1 2024Quarterly · 2024-03-31 | Product | Affiliate Marketing Services United States | 208,001 | USD | 0001493152-24-020437 |
| FY 2023Yearly · 2023-12-31 | Geography | Rest of World | 4,198,279 | USD | 0001493152-24-012028 |
| FY 2023Yearly · 2023-12-31 | Geography | United States | 754,446 | USD | 0001493152-24-012028 |
| FY 2023Yearly · 2023-12-31 | Product | Affiliate Marketing Services International | 4,198,279 | USD | 0001493152-24-012028 |
| FY 2023Yearly · 2023-12-31 | Product | Affiliate Marketing Services United States | 754,446 | USD | 0001493152-24-012028 |
| Q3 2023Quarterly · 2023-09-30 | Geography | Rest of World | 1,191,964 | USD | 0001493152-23-040479 |
| Q3 2023Quarterly · 2023-09-30 | Geography | United States | 2,077,960 | USD | 0001493152-23-040479 |
| Q3 2023Quarterly · 2023-09-30 | Product | Affiliate Marketing Services International | 1,191,964 | USD | 0001493152-23-040479 |
| Q3 2023Quarterly · 2023-09-30 | Product | Affiliate Marketing Services United States | 231,921 | USD | 0001493152-23-040479 |
| Q3 2023Quarterly · 2023-09-30 | Product | Sports Gaming Client Services | 420,100 | USD | 0001493152-23-040479 |
| Q3 2023Quarterly · 2023-09-30 | Product | Sports Hub Gaming Network | 1,425,939 | USD | 0001493152-23-040479 |
| Q2 2023Quarterly · 2023-06-30 | Geography | Rest of World | 1,124,887 | USD | 0001493152-23-028536 |
| Q2 2023Quarterly · 2023-06-30 | Geography | United States | 2,132,470 | USD | 0001493152-23-028536 |
| Q2 2023Quarterly · 2023-06-30 | Product | Affiliate Marketing Services International | 1,124,887 | USD | 0001493152-23-028536 |
| Q2 2023Quarterly · 2023-06-30 | Product | Affiliate Marketing Services United States | 305,571 | USD | 0001493152-23-028536 |
| Q2 2023Quarterly · 2023-06-30 | Product | Sports Gaming Client Services | 698,529 | USD | 0001493152-23-028536 |
| Q2 2023Quarterly · 2023-06-30 | Product | Sports Hub Gaming Network | 1,128,370 | USD | 0001493152-23-028536 |
| Q1 2023Quarterly · 2023-03-31 | Geography | Rest of World | 1,008,276 | USD | 0001493152-24-020437 |
| Q1 2023Quarterly · 2023-03-31 | Geography | United States | 224,485 | USD | 0001493152-24-020437 |
| Q1 2023Quarterly · 2023-03-31 | Product | Affiliate Marketing Services International | 1,008,276 | USD | 0001493152-24-020437 |
| Q1 2023Quarterly · 2023-03-31 | Product | Affiliate Marketing Services United States | 224,485 | USD | 0001493152-24-020437 |
| FY 2022Yearly · 2022-12-31 | Geography | Rest of World | 3,427,698 | USD | 0001493152-24-012028 |
| FY 2022Yearly · 2022-12-31 | Geography | United States | 62,250 | USD | 0001493152-24-012028 |
| FY 2022Yearly · 2022-12-31 | Product | Affiliate Marketing Services International | 3,427,698 | USD | 0001493152-24-012028 |
| FY 2022Yearly · 2022-12-31 | Product | Affiliate Marketing Services United States | 62,250 | USD | 0001493152-24-012028 |
| Q3 2022Quarterly · 2022-09-30 | Geography | Rest of World | 760,585 | USD | 0001493152-23-040479 |
| Q3 2022Quarterly · 2022-09-30 | Geography | United States | 532,089 | USD | 0001493152-23-040479 |
| Q3 2022Quarterly · 2022-09-30 | Product | Affiliate Marketing Services International | 760,585 | USD | 0001493152-23-040479 |
| Q3 2022Quarterly · 2022-09-30 | Product | Affiliate Marketing Services United States | 114,972 | USD | 0001493152-23-040479 |
| Q3 2022Quarterly · 2022-09-30 | Product | Sports Gaming Client Services | 417,117 | USD | 0001493152-23-040479 |
| Q2 2022Quarterly · 2022-06-30 | Geography | Rest of World | 840,212 | USD | 0001493152-23-028536 |
| Q2 2022Quarterly · 2022-06-30 | Geography | United States | 911,043 | USD | 0001493152-23-028536 |
| Q2 2022Quarterly · 2022-06-30 | Product | Affiliate Marketing Services International | 840,212 | USD | 0001493152-23-028536 |
| Q2 2022Quarterly · 2022-06-30 | Product | Affiliate Marketing Services United States | 108,509 | USD | 0001493152-23-028536 |
| Q2 2022Quarterly · 2022-06-30 | Product | Sports Gaming Client Services | 802,534 | USD | 0001493152-23-028536 |
| Q1 2022Quarterly · 2022-03-31 | Geography | Rest of World | 923,750 | USD | 0001493152-23-017674 |
| Q1 2022Quarterly · 2022-03-31 | Geography | United States | 972,585 | USD | 0001493152-23-017674 |
| Q1 2022Quarterly · 2022-03-31 | Product | Affiliate Marketing Services International | 923,750 | USD | 0001493152-23-017674 |
| Q1 2022Quarterly · 2022-03-31 | Product | Affiliate Marketing Services United States | 61,522 | USD | 0001493152-23-017674 |
| Q1 2022Quarterly · 2022-03-31 | Product | Sports Gaming Client Services | 911,063 | USD | 0001493152-23-017674 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.