Fold Holdings, Inc.
For the period ended Dec 31, 2025. Filed Mar 17, 2026.
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FY2025 · Filed Mar 17, 2026
FLD$0.44-4.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31, 2025 and 2024
Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $7,652,203 | $18,330,359 |
| Accounts receivable, net | 728,001 | 451,455 |
| Inventories | 478,045 | 262,813 |
| Digital assets - rewards treasury | 6,872,869 | 8,569,651 |
| Prepaid expenses and other current assets | 2,384,684 | 687,100 |
| Total current assets | 18,115,802 | 28,301,378 |
| Digital assets - investment treasury | 133,658,791 | 93,568,700 |
| Capitalized software development costs, net | 1,393,752 | 1,000,065 |
| Deferred transaction costs | - | 2,784,893 |
| Other non-current assets | 299,309 | - |
| Total assets | $153,467,654 | $125,655,036 |
| Liabilities and stockholders' equity (deficit) | ||
| Current liabilities | ||
| Accounts payable | $704,789 | $1,113,552 |
| Accrued expenses and other current liabilities | 3,166,186 | 71,858 |
| December 2024 convertible note, net | - | 11,752,905 |
| Credit facility | 10,000,000 | - |
| Customer rewards liability | 6,872,869 | 8,569,651 |
| Deferred revenue | 366,252 | 387,776 |
| Total current liabilities | 21,110,096 | 21,895,742 |
| Deferred revenue, long-term | - | 487,690 |
| June 2025 convertible note, net | 21,469,675 | - |
| March 2025 convertible note - related party | 47,207,556 | - |
| Simple Agreements for Future Equity (“SAFEs”) | - | 171,080,533 |
| Other non-current liabilities | 689,680 | - |
| Total liabilities | 90,477,007 | 193,463,965 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity (deficit) | ||
| Preferred stock, $0.0001 par value; 20,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2025 and 10,204,880 shares issued and outstanding at December 31, 2024 | - | 1,020 |
| Common stock, $0.0001 par value; 600,000,000 shares authorized, 48,477,883 shares issued and 48,419,266 shares outstanding at December 31, 2025 and 5,836,882 shares issued and outstanding at December 31, 2024 | 4,849 | 584 |
| Additional paid-in-capital | 233,924,782 | 33,537,989 |
| Accumulated deficit | (170,938,984) | (101,348,522) |
| Total stockholders’ equity (deficit) | 62,990,647 | (67,808,929) |
| Total liabilities and stockholders’ equity | $153,467,654 | $125,655,036 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.