Fold Holdings, Inc.
Filed Apr 1, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Apr 1, 2025
FLD$0.45-7.9%Stored close · as of Nov 6, 2026
Contents
Statements of Operations
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues, net | $23,753,148 | $21,534,032 |
| Operating expenses | ||
| Banking and payment costs | 22,472,378 | 20,999,385 |
| Custody and trading costs | 228,080 | 169,698 |
| Compensation and benefits | 3,225,179 | 3,713,196 |
| Marketing expenses | 493,900 | 436,920 |
| Professional fees | 1,855,131 | 421,218 |
| Amortization expense | 292,266 | 380,052 |
| Loss on customer rewards liability | 5,219,775 | 4,283,795 |
| Gain on digital assets - rewards treasury | (5,633,042) | (4,236,593) |
| Other selling, general and administrative expenses | 1,413,402 | 1,285,053 |
| Total operating expenses | 29,567,069 | 27,452,724 |
| Operating loss | (5,813,921) | (5,918,692) |
| Other income (expense) | ||
| Gain on digital assets - investment treasury | 29,247,576 | - |
| Change in fair value of SAFEs | (88,372,854) | (1,374,005) |
| Interest expense | (234,035) | - |
| Other income | 91,848 | 129,940 |
| Other expense, net | (59,267,465) | (1,244,065) |
| Net loss before income taxes | (65,081,386) | (7,162,757) |
| Income tax expense | 7,400 | 10,242 |
| Net loss | $(65,088,786) | $(7,172,999) |
| Net loss per share attributable to common stockholders: | ||
| Basic and diluted | $(9.20) | $(1.01) |
| Weighted average common shares outstanding: | ||
| Basic and diluted | 7,072,300 | 7,072,300 |
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