SBET · XBRL financial data
Sharplink financial statements, every fiscal year
The same tables from 4 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 (SBET's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|
| Revenue | 5 | 4 | 28 |
| Revenue from contracts with customers | 5 | — | — |
| Cost of revenue | 3 | 3 | — |
| Gross profit | 2 | 1 | — |
| Selling, general and administrative | 8 | 6 | 42 |
| Total operating expenses | 10 | 6 | 201 |
| Operating income (loss) | (9) | (5) | (734) |
| Interest income | 0 | 0 | — |
| Interest expense | 1 | 0 | — |
| Other income (expense) | (0) | 0 | — |
| Income tax expense (benefit) | 0 | (0) | 1 |
| Net income (loss) | (14) | 10 | (735) |
| Earnings per share, basic USD per share | (5.17) | 2.93 | (7.37) |
| Earnings per share, diluted USD per share | (5.17) | 2.29 | (7.37) |
| Weighted average shares, basic millions of shares | 3 | 3 | 100 |
| Weighted average shares, diluted millions of shares | 3 | 4 | 100 |
- † Share count changed about 29x 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 (SBET's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 2 | 1 | 29 |
| Accounts receivable | 0 | 0 | 0 |
| Prepaid and other current assets | 0 | 0 | 0 |
| Total current assets | 71 | 3 | 31 |
| Property and equipment, net | 0 | 0 | 0 |
| Total assets | 71 | 3 | 2,432 |
| Accounts payable | 1 | 0 | — |
| Current portion of long-term debt | 1 | — | — |
| Total current liabilities | 79 | 0 | 13 |
| Total deposits | 0 | — | — |
| Long-term debt | 1 | 0 | — |
| Total liabilities | 81 | 0 | 13 |
| Accumulated deficit | (88) | (78) | (812) |
| Total stockholders' equity | (9) | 2 | 2,419 |
| Total liabilities and equity | 71 | 3 | 2,432 |
| Common shares outstanding (cover page) millions of shares | 3 | 7 | 197 |
- † Share count changed about 29x 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 (SBET's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | (14) | 10 | (735) |
| Stock-based compensation | 0 | 0 | 14 |
| Net cash from operating activities | 1 | (23) | (18) |
| Purchases of property and equipment | 0 | 0 | 0 |
| Net cash from investing activities | (1) | (19) | (2,954) |
| Proceeds from issuing common stock | 0 | 1 | 2,147 |
| Share repurchases | — | — | 32 |
| Net cash from financing activities | 10 | (17) | 2,999 |
| Net change in cash | 9 | (59) | 27 |
- † Share count changed about 29x 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Sharplink | 56 | 12 | (7.2)* | 217.2M | 7.9 quarters | 10-QJun 30, 2026 |
| GPGI | 7.7 | 0 | 8.6* | 289.9M | — | 10-QJun 30, 2026 |
| Bit Digital | 84 | 32 | 48* | 360.6M | — | 10-QJun 30, 2026 |
| Green Dot | 1,143 | 596 | 100* | 57.0M | — | 10-QJun 30, 2026 |
| Startengine Crowdfunding | 23 | 39 | 2.7* | 758.4M | — | 10-QSep 30, 2026 |
| HIVE Digital Technologies | 208 | 79 | 4.1 | 274.3M | — | 10-QJun 30, 2026 |
| Hyperliquid Strategies | 138 | year only | (3.8)* | 197.8M | 36.0 quarters | 10-KJun 30, 2026 |
| Keel Infrastructure | 769 | 30 | (53)* | 617.6M | 14.5 quarters | 10-QJun 30, 2026 |
| Pagaya Technologies | 247 | 362 | 49* | not reported | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.