ABTC · XBRL financial data
American Bitcoin financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (ABTC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Jan 31, 2023 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | 21 | — | 7 | 21 | 185 |
| Cost of revenue | — | 8 | — | 3 | 16 | 92 |
| Gross profit | — | 13 | — | 3 | — | — |
| Research and development | — | 6 | — | 2 | — | — |
| General and administrative | — | 10 | — | 6 | 11 | 33 |
| Total operating expenses | — | 46 | — | 10 | — | — |
| Operating income (loss) | — | (33) | — | (7) | (18) | (228) |
| Interest expense | — | — | — | 9 | 1 | — |
| Other income (expense) | — | 0 | — | (0) | — | — |
| Income tax expense (benefit) | — | (2) | — | (19) | 60 | (18) |
| Net income (loss) | — | (31) | — | (12) | (21) | (153) |
| Earnings per share, basic USD per share | — | (24.44) | — | (31.21) | (0.51) | (0.17) |
| Earnings per share, diluted USD per share | — | — | — | (31.21) | (0.51) | (0.17) |
| Weighted average shares, basic millions of shares | — | 1 | — | 0 | 42 | 905 |
| Weighted average shares, diluted millions of shares | — | — | — | 0 | 42 | 905 |
Balance sheet
CSVFiscal years (ABTC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Jan 31, 2023 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 18 | 14 | 0 | 1 | 1 | 4 |
| Marketable securities | — | — | — | 0 | 0 | — |
| Accounts receivable | 2 | 1 | — | 0 | — | — |
| Prepaid and other current assets | 2 | 2 | — | 0 | — | — |
| Total current assets | 23 | 18 | — | 1 | 2 | 9 |
| Property and equipment, net | 1 | 0 | — | 0 | 3 | 342 |
| Right-of-use asset | — | — | — | — | — | 167 |
| Goodwill | 42 | 47 | — | 58 | 53 | 154 |
| Total assets | 77 | 94 | — | 1 | 8 | 1,247 |
| Accounts payable | 1 | 2 | — | 2 | 6 | 2 |
| Accrued liabilities | — | — | — | 1 | 4 | — |
| Current portion of long-term debt | 12 | 13 | — | 5 | — | — |
| Total current liabilities | 16 | 29 | — | 10 | 9 | 112 |
| Total deposits | — | — | — | 0 | 1 | — |
| Long-term debt | 4 | 4 | — | — | — | — |
| Lease liability, non-current | — | — | — | — | — | 137 |
| Total liabilities | 20 | 35 | — | 10 | 15 | 581 |
| Accumulated deficit | (58) | (89) | — | (179) | (68) | (53) |
| Total stockholders' equity | 58 | 60 | — | (9) | (7) | 666 |
| Total liabilities and equity | 77 | 94 | — | 1 | 8 | 1,247 |
| Common shares outstanding (cover page) millions of shares | 23 | 32 | 6 | 39 | 70 | — |
Cash flows
CSVFiscal years (ABTC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Jan 31, 2023 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | — | (31) | — | (12) | (21) | (153) |
| Stock-based compensation | — | 2 | — | 0 | 2 | 2 |
| Depreciation and amortization | — | 6 | — | 1 | — | — |
| Net cash from operating activities | — | (8) | — | (6) | (3) | (80) |
| Purchases of property and equipment | — | 0 | — | 2 | 1 | — |
| Net cash from investing activities | — | (10) | — | 1 | (3) | (398) |
| Proceeds from issuing common stock | — | — | — | — | 1 | — |
| Proceeds from long-term debt | — | 18 | — | — | — | — |
| Repayments of long-term debt | — | 5 | — | — | — | — |
| Net cash from financing activities | — | 15 | — | (3) | 6 | 482 |
| Net change in cash | — | (4) | — | (7) | (0) | — |
Compare with peers
SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| American Bitcoin | 18 | 67 | (21)* | not reported | 0.9 quarters | 10-QJun 30, 2026 |
| Strive | 145 | 2.9 | (8.4)* | not reported | 17.3 quarters | 10-QJun 30, 2026 |
| Nakamoto | 19 | 25 | (3.3)* | 17.9M | 5.9 quarters | 10-QJun 30, 2026 |
| Hyperion Defi | 9.6 | 0.4 | (2.9)* | 15.5M | 3.3 quarters | 10-QJun 30, 2026 |
| Athena Bitcoin Global | 15 | 37 | 1.4 | 4.1B | — | 10-QMar 31, 2026 |
| Consumer Portfolio Services | 5.1 | 132 | 95* | 21.9M | — | 10-QSep 30, 2026 |
| Wealthfront | 453 | 92 | 47* | 156.2M | — | 10-QJul 31, 2026 |
| Ionic Digital | 416 | 49 | not reported | 45.0M | — | 10-QJun 30, 2026 |
| Security National Financial | 163 | 84 | 4* | not reported | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.