NAKA · XBRL financial data
Nakamoto financial statements, every fiscal year
The same tables from 2 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 (NAKA's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|
| Revenue from contracts with customers | 2,720 | 1,821 |
| Research and development | 378 | — |
| General and administrative | 1,907 | 11,762 |
| Total operating expenses | 6,067 | 198,961 |
| Operating income (loss) | (3,347) | (197,139) |
| Interest expense | 393 | 7,061 |
| Net income (loss) | (3,618) | (52,229) |
| Earnings per share, basic USD per share | (0.67) | (0.26) |
| Earnings per share, diluted USD per share | (0.67) | (0.26) |
| Weighted average shares, basic thousands of shares | 5,391 | 200,202 |
| Weighted average shares, diluted thousands of shares | 5,391 | 200,202 |
- † Share count changed about 114x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (NAKA's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 2,274 | 22,583 |
| Accounts receivable | 37 | — |
| Inventory | 4 | — |
| Prepaid and other current assets | 191 | 2,174 |
| Total current assets | 2,506 | 223,817 |
| Property and equipment, net | 123 | — |
| Right-of-use asset | 642 | — |
| Total assets | 3,678 | 730,608 |
| Total current liabilities | 606 | 215,985 |
| Lease liability, non-current | 496 | — |
| Total liabilities | 1,110 | 216,351 |
| Accumulated deficit | (7,776) | (60,005) |
| Total stockholders' equity | 2,568 | 514,257 |
| Total liabilities and equity | 3,678 | 730,608 |
| Common shares outstanding (cover page) thousands of shares | 6,030 | 690,018 |
- † Share count changed about 114x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (NAKA's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|
| Net income (loss) | (3,618) | (52,229) |
| Stock-based compensation | 106 | 2,359 |
| Net cash from operating activities | (3,074) | (23,511) |
| Purchases of property and equipment | 13 | — |
| Net cash from investing activities | (402) | (680,024) |
| Proceeds from issuing common stock | — | 5,660 |
| Proceeds from issuing equity | 5,861 | — |
| Share repurchases | 22 | 320 |
| Net cash from financing activities | 5,224 | 723,846 |
| Net change in cash | 1,748 | 20,310 |
- † Share count changed about 114x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Nakamoto | 19,072 | 25,451 | (3,253)* | 17.9M | 5.9 quarters | 10-QJun 30, 2026 |
| American Bitcoin | 18,354 | 67,015 | (21,285)* | not reported | 0.9 quarters | 10-QJun 30, 2026 |
| Strive | 145,466 | 2,941 | (8,411)* | not reported | 17.3 quarters | 10-QJun 30, 2026 |
| WhiteFiber | 56,056 | 28,839 | 85,876* | 38.8M | — | 10-QJun 30, 2026 |
| Hyperion Defi | 9,637 | 358 | (2,897)* | 15.5M | 3.3 quarters | 10-QJun 30, 2026 |
| Athena Bitcoin Global | 14,781 | 37,183 | 1,360 | 4.1B | — | 10-QMar 31, 2026 |
| Consumer Portfolio Services | 5,147 | 131,910 | 94,641* | 21.9M | — | 10-QSep 30, 2026 |
| Gemini Space Station | 188,618 | 45,475 | (51,445)* | not reported | 3.7 quarters | 10-QJun 30, 2026 |
| Ionic Digital | 415,738 | 48,647 | not reported | 45.0M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.