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DeFi Development Corp.

For the period ended Dec 31, 2024. Filed Mar 27, 2025.

View on SEC.gov

About 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$3.23-5.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

Series A Preferred Stock · Series B Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Stockholders’
Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Equity
Balances at December 31, 202210,000$--$-883,001$9$3,795,050$(3,269,681)$525,378
Issuance of preferred stock--1,000---1,000,000-1,000,000
Issuance of common stock pursuant to IPO----176,56325,649,998-5,650,000
Offering costs------(1,076,126)-(1,076,126)
Conversion of future equity obligations into common stock in connection with IPO----20,733-659,408-659,408
Conversion of preferred stock into common stock in connection with IPO--(1,000)-62,5001(1)--
Issuance of common stock upon IPO for services and offering costs----63,7821541,063-541,064
Exercise of stock options in connection with IPO----13,258----
Cancellation of stock options and issuance of common stock in connection with IPO----29,547-571,259-571,259
Issuance of common stock pursuant to business combination----131,4891945,664-945,665
Stock-based compensation------373,124-373,124
Net loss-------(3,373,794)(3,373,794)
Balances at December 31, 202310,000---1,380,8731412,459,439(6,643,475)5,815,978
Issuance of common stock pursuant to services performed----32,425-121,260-121,260
Effect of stock split----1,432----
Exercise of stock options----2,199-1,232-1,232
Repurchase of common stock----(1,290)-(5,243)-(5,243)
Stock-based compensation------295,488-295,488
Net loss-------(2,726,784)(2,726,784)
Balances at December 31, 202410,000$--$-1,415,639$14$12,872,176$(9,370,259)$3,501,931
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.