Axe Compute Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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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.
FY2025 · Filed Mar 31, 2026
AGPU$7.50+11.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
AXE COMPUTE INC.
CONSOLIDATED BALANCE SHEETS
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $10,790,850 | $611,822 |
| Accounts receivable, net | 32,120 | 34,154 |
| Prepaid expense and other assets | 280,904 | 318,539 |
| Digital assets | 24,439,598 | - |
| Digital asset receivable | 7,226,475 | - |
| Current assets of discontinued operations | - | 1,261,403 |
| Total current assets | 42,769,947 | 2,225,918 |
| Digital asset receivable, net of current portion | 8,258,681 | - |
| Property and equipment, net | 223,128 | 347,588 |
| Lease right-of-use assets | 1,487,703 | 2,047,241 |
| Other long-term assets | 148,887 | 149,433 |
| Non-current assets of discontinued operations | - | 202,337 |
| Total assets | $52,888,346 | $4,972,517 |
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,840,608 | $1,044,394 |
| Note payable | 107,951 | - |
| Accrued expenses and other liabilities | 1,520,518 | 1,236,378 |
| Contract liabilities | 144,076 | 224,076 |
| Lease liability | 653,743 | 555,169 |
| Current liabilities of discontinued operations | - | 533,384 |
| Total current liabilities | 4,266,896 | 3,593,401 |
| Lease liability – net of current portion | 904,495 | 1,558,239 |
| Non-current liabilities of discontinued operations | - | 23,487 |
| Total liabilities | 5,171,391 | 5,175,127 |
| Contingencies (see Note 9) | ||
| Stockholders’ equity (deficit): | ||
| Preferred stock, 20,000,000 shares authorized inclusive of designated below | ||
| Series B Convertible Preferred Stock, $.01 par value, 2,300,000 shares authorized, 79,246 shares outstanding as of December 31, 2025, and December 31, 2024 | 792 | 792 |
| Common stock, $.01 par value, 200,000,000 shares authorized, 4,083,173 and 444,475 shares outstanding as of December 31, 2025, and December 31, 2024, respectively | 40,832 | 4,445 |
| Additional paid-in capital | 461,196,805 | 180,218,424 |
| Accumulated deficit | (413,521,474) | (180,426,271) |
| Total stockholders’ equity (deficit) | 47,716,955 | (202,610) |
| Total liabilities and stockholders’ equity (deficit) | $52,888,346 | $4,972,517 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.