Fold Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 12, 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.
Mar 31, 2026 · Filed May 12, 2026
FLD$0.45-7.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Operations
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues, net | $5,592,309 | $7,087,837 |
| Operating expenses | ||
| Banking and payments costs | 4,806,374 | 6,758,924 |
| Custody and trading costs | 598,415 | 45,785 |
| Compensation and benefits | 4,034,267 | 6,457,940 |
| Marketing expenses | 268,108 | 399,798 |
| Professional fees | 1,667,414 | 1,788,505 |
| Amortization expense | 156,079 | 91,071 |
| (Gain) loss on customer rewards liability | (1,507,471) | (1,100,857) |
| (Gain) loss on digital assets - rewards treasury | 1,689,455 | 1,010,586 |
| Other selling, general and administrative expenses | 1,709,981 | 1,136,455 |
| Total operating expenses | 13,422,622 | 16,588,207 |
| Operating loss | (7,830,313) | (9,500,370) |
| Other income (expense) | ||
| Gain (loss) on digital assets - investment treasury | (28,629,465) | (15,617,152) |
| Change in fair value of SAFEs | - | (6,503,113) |
| Change in fair value of convertible note | 13,200,089 | (6,534,143) |
| Convertible note issuance costs and fees | - | (9,569,109) |
| Loss on extinguishment of debt | (4,005,132) | - |
| Interest expense | (2,273,828) | (1,271,638) |
| Other income | 374,214 | 120,303 |
| Other expense, net | (21,334,122) | (39,374,852) |
| Net loss before income taxes | (29,164,435) | (48,875,222) |
| Income tax expense (benefit) | 3,471 | 3,978 |
| Net loss | $(29,167,906) | $(48,879,200) |
| Net loss per share attributable to common stockholders: | ||
| Basic and diluted | $(0.59) | $(1.92) |
| Weighted-average common shares outstanding: | ||
| Basic and diluted | 49,656,409 | 25,436,398 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.