RTB Digital, Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
RTB$6.08+2.2%Stored close · as of Nov 6, 2026
Contents
Item 1. Condensed Consolidated Balance Sheets as of June 30, 2026 (unaudited) and December 31, 2025
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
| June 30, | December 31, | |
|---|---|---|
| 2026 | 2025 | |
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $492 | $534 |
| Restricted cash | 252 | |
| USDC | 95 | 10,964 |
| Accounts receivable, net | 1,088 | 147 |
| Notes receivable, current | 1,800 | - |
| Deposit on digital media investment | 10,000 | - |
| Contractual right to offset | - | 13 |
| Prepayments and other current assets | 1,405 | 67 |
| Total current assets | 15,132 | 11,725 |
| Investment in crypto assets | 2,071 | 5,222 |
| Investment in Ryvyl | - | 6,500 |
| Related party note receivable, net | 4,167 | 4,208 |
| Acquired and other intangible assets, net | 10,882 | 825 |
| Goodwill | 11,116 | - |
| Operating lease right-of-use assets, net | 101 | - |
| Other assets | 595 | 34 |
| Total assets | $44,064 | $28,514 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $5,090 | $1,751 |
| Accrued expenses | 5,165 | 40 |
| Current portion of operating lease liabilities | 723 | - |
| Unearned revenue | 46 | 109 |
| Other current liabilities | 13 | 13 |
| Total current liabilities | 11,037 | 1,913 |
| Operating lease liabilities, less current portion | 1,190 | - |
| March 2026 convertible note and warrants – price protection feature | 902 | - |
| Long term debt, net | 607 | - |
| Total liabilities | 13,736 | 1,913 |
| Stockholders’ equity (deficit): | ||
| Common stock, par value $0.001, 500,000,000 shares authorized; 13,301,694 and 4,165,106 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 14 | 4 |
| Additional paid-in capital | 58,462 | 40,383 |
| Accumulated deficit | (28,148) | (13,786) |
| Total stockholders’ equity | 30,328 | 26,601 |
| Total liabilities and stockholders’ equity | $44,064 | $28,514 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
(Unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $2,328 | $517 | $2,881 | $962 |
| Cost of revenue | 1,457 | 229 | 1,827 | 551 |
| Gross profit | 871 | 288 | 1,054 | 411 |
| Operating expenses: | ||||
| Research and development | 262 | 117 | 447 | 220 |
| Selling and marketing | 2,015 | 319 | 3,451 | 504 |
| General and administrative | 7,525 | 475 | 9,747 | 870 |
| Total operating expenses | 9,802 | 911 | 13,645 | 1,594 |
| Loss from operations | (8,931) | (623) | (12,591) | (1,183) |
| Other income (expense): | ||||
| Loss on sale of crypto assets | (156) | - | (400) | - |
| Change in fair value of March 2026 convertible note and related instruments | (405) | - | (405) | - |
| Change in fair value of crypto assets | (150) | 31 | (1,025) | - |
| Gain on sale of short-term investments | - | 471 | - | 471 |
| Legal Settlements expense | 70 | - | 70 | - |
| Other (expense) income | 2 | 3 | 2 | 3 |
| Total other (expense)/income, net | (639) | 505 | (1,758) | 474 |
| Loss from operations before income taxes | (9,570) | (118) | (14,349) | (709) |
| Provision for income taxes | 13 | - | 13 | - |
| Net loss | $(9,583) | $(118) | $(14,362) | $(709) |
| Net loss per share: | ||||
| Basic and diluted | $(1.24) | $(0.04) | $(2.42) | $(0.21) |
| Weighted average number of common shares outstanding: | ||||
| Basic and diluted | 7,735,490 | 3,345,170 | 5,940,332 | 3,301,164 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(In thousands, except share data)
(Unaudited)
| Common Stock · Additional Paid-in · Accumulated | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Total | |
| Balance at December 31, 2025 | 4,165,106 | $4 | $40,383 | $(13,786) | $26,601 |
| Stock-based compensation | - | - | 142 | - | 142 |
| Net loss | - | - | - | (4,779) | (4,779) |
| Balance at March 31, 2026 | 4,165,106 | $4 | $40,525 | $(18,565) | $21,964 |
| Stock issued under equity incentive plans | 10,291 | 1 | 169 | - | 170 |
| Stock issued for services | 40,008 | - | 222 | - | 222 |
| Warrants issued | - | - | 103 | - | 103 |
| Common stock settlements of warrant related liabilities | - | - | 4,913 | - | 4,913 |
| Conversion of March 2026 convertible note and warrants to equity | 179,732 | - | 1,401 | - | 1,401 |
| Conversion of September 2025 convertible notes to equity | 7,688,755 | 8 | (8) | - | - |
| Shares issued pursuant to Merger | 962,511 | 1 | 10,083 | - | 10,084 |
| Shares issued for professional services related to merger | 109,410 | - | 655 | - | 655 |
| Stock options exercised | 145,881 | - | 275 | - | 275 |
| Stock based compensation | - | - | 124 | - | 124 |
| Net loss | - | - | - | (9,583) | (9,583) |
| Balance at June 30, 2026 | 13,301,694 | $14 | $58,462 | $(28,148) | $30,328 |
| Common Stock · Additional Paid-in · Accumulated | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Total | |
| Balance at December 31, 2024 | 3,257,641 | $6 | $5,150 | $(5,743) | $(587) |
| Change in par value | - | (3) | 3 | - | - |
| Stock-based compensation | - | - | 120 | - | 120 |
| Stock compensation for services | - | - | 9 | - | 9 |
| Net loss | - | - | - | (591) | (591) |
| Balance at March 31, 2025 | 3,257,641 | $3 | $5,282 | $(6,334) | $(1,049) |
| Stock-based compensation | - | - | 38 | - | 38 |
| Stock issued for services | 87,529 | - | 2 | - | 2 |
| Net loss | - | - | - | (118) | (118) |
| Balance at June 30, 2025 | 3,345,170 | $3 | $5,322 | $(6,452) | $(1,127) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.