DeFi Development Corp.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 27, 2025
DFDV$3.43+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,517,477 | $5,075,609 |
| Accounts receivable | 195,398 | 86,138 |
| Prepaid expenses | 108,678 | 130,430 |
| Marketable securities | 339,885 | - |
| Deferred offering costs | 113,528 | - |
| Total current assets | 3,274,966 | 5,292,177 |
| Accounts receivable, non-current | 41,534 | - |
| Property and equipment, net | 40,787 | 28,137 |
| Intangible assets, net | 378,414 | 675,957 |
| Goodwill | 606,666 | 606,666 |
| Other assets | 20,446 | 18,107 |
| Right of use asset | 12,962 | 62,781 |
| Total assets | $4,375,775 | $6,683,825 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $339,638 | $539,136 |
| Deferred revenue | 239,316 | 83,228 |
| Right of use liability, current portion | 13,933 | 52,731 |
| Total current liabilities | 592,887 | 675,095 |
| Contingent consideration | 178,819 | 178,819 |
| Deferred revenue, non-current | 102,138 | - |
| Right of use of liability | - | 13,933 |
| Total liabilities | 873,844 | 867,847 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Series A Preferred stock, $0.00001 par value, 100,000 shares authorized, 10,000 shares issued and outstanding as of both December 31, 2024 and 2023 | - | - |
| Series B Preferred stock, $0.00001 par value, 1,000 shares authorized, 0 shares issued and outstanding as of both December 31, 2024 and 2023 | - | - |
| Common stock, $0.00001 par value, 100,000,000 shares authorized, 1,415,639 and 1,380,873 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 14 | 14 |
| Additional paid-in capital | 12,872,176 | 12,459,439 |
| Accumulated deficit | (9,370,259) | (6,643,475) |
| Total stockholders’ equity | 3,501,931 | 5,815,978 |
| Total liabilities and stockholders’ equity | $4,375,775 | $6,683,825 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.