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Midas Edge

Dominari Holdings Inc.

For the period ended Sep 30, 2026. Filed Nov 10, 2026.

View on SEC.gov

About 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.

Sep 30, 2026 · Filed Nov 10, 2026

DOMH$0.80-30.4%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 exhibits
Contents

Table of Contents

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED****September 30, 2026

TABLE OF CONTENTS

Page
Part I - Financial Information
Item 1.Financial Statements (Unaudited)1
Condensed Consolidated Balance Sheets as of September 30, 2026 (Unaudited) and December 31, 20251
Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2026 and 2025 (Unaudited)2
Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three and Nine Months Ended September 30, 2026 and 2025 (Unaudited)3
Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2026 and 2025 (Unaudited)5
Notes to the Condensed Consolidated Financial Statements (Unaudited)6
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29
Item 3.Quantitative and Qualitative Disclosures About Market Risk35
Item 4.Controls and Procedures36
Part II - Other Information37
Item 1.Legal Proceedings37
Item 1A.Risk Factors37
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds37
Item 3.Defaults Upon Senior Securities37
Item 4.Mine Safety Disclosures37
Item 5.Other Information37
Item 6.Exhibits38
Signatures39

i

PART I–** FINANCIAL INFORMATION**

Condensed Consolidated Balance Sheets

September 30,December 31,
20262025
(Unaudited)​
ASSETS​​
Cash and cash equivalents$23,989$34,005
Marketable securities2,62246,516
Securities owned4,7719,756
Receivable from clearing brokers4,7073,995
Long-term equity investments9,83711,744
Accounts receivable1,828-
Note receivable93-
Loans to employees1,3371,767
Right-of-use assets2,2912,721
Prepaid expenses and other assets4,2042,403
Total assets$55,679$112,907
​​
LIABILITIES AND STOCKHOLDERS’ EQUITY​​
Accounts payable and accrued expenses$792$611
Accrued compensation and commissions5,57917,754
Accrued dividends payable29610,335
Contract liabilities8,6324,504
Lease liability2,4542,841
Liability for unrecognized tax benefits13,7397,318
Income tax payable1,179-
Other liabilities594173
Total liabilities33,26543,536
​​
Stockholders’ equity​​
Preferred stock, $.0001 par value, 50,000,000 authorized​​
Convertible Preferred Series D: 5,000,000 shares designated; 3,825 shares issued and outstanding as of September 30, 2026 and December 31, 2025; liquidation value of $0.0001 per share--
Convertible Preferred Series D-1: 5,000,000 shares designated; 834 shares issued and outstanding as of September 30, 2026 and December 31, 2025; liquidation value of $0.0001 per share--
Common stock, $0.0001 par value, 100,000,000 shares authorized; 25,873,765 and 16,067,435 shares issued as of September 30, 2026 and December 31, 2025, respectively; 25,391,569 and 16,067,435 shares outstanding as of September 30, 2026 and December 31, 2025, respectively3-
Treasury stock, at cost, 482,196 shares as of September 30, 2026, and 0 shares as of December 31, 2025(1,164)-
Additional paid-in capital366,054337,505
Accumulated deficit(341,837)(268,134)
Total Dominari Holdings stockholders’ equity23,05669,371
Non-controlling interests(642)-
Total stockholders’ equity22,41469,371
Total liabilities and stockholders’ equity$55,679$112,907

Condensed Consolidated Statements of Operations

Three Months Ended · Nine Months Ended
September 30,September 30,
2026202520262025
Revenues​​​​
Underwriting services$7,170$32,866$48,021$58,636
Carried interest5,0168,7047,66319,204
Commissions2,4216,72211,47814,570
Interest income4694471,055827
Principal transactions(150)2,871(1,718)4,039
Other revenue1,4558072,4761,424
Total revenue16,38152,41768,97598,700
​​​​
Operating costs and expenses​​​​
Compensation and benefits15,05150,33297,448117,507
Advisory fees255913721,020
Legal fees2298081,7652,321
Professional and consulting fees1,9971,5443,5052,771
Other expenses9611046,7663,250
Total operating expenses18,26352,847109,621146,869
Loss from operations(1,882)(430)(40,646)(48,169)
​​​​
Other income (expenses)​​​​
Other income203-374-
Interest income3495144146
Gain (loss) on marketable securities, net219158,416(6,862)159,055
Realized loss on long term equity investments(750)-(750)-
Realized and unrealized gain on notes receivable, net---221
Change in carrying value of investments-(32,000)(1,400)-
Total other income (expenses)(294)126,511(8,494)159,422
Net (loss) income before income tax expense(2,176)126,081(49,140)111,253
Provision for income taxes(661)-14,562-
Net (loss) income before non-controlling interest and deemed dividend(1,515)126,081(63,702)111,253
Less: Net income attributable to non-controlling interests1068712561,921
Net (loss) income before deemed dividend(1,621)125,210(63,958)109,332
Common stock deemed dividend - inducement(320)-(745)-
Net (loss) income attributable to common stockholders of Dominari Holdings Inc.$(1,941)$125,210$(64,703)$109,332
​​​​
Net (loss) income per share, basic and diluted​​​​
Basic$(0.08)$8.11$(2.97)$7.98
Diluted$(0.08)$7.27$(2.97)$7.86
​​​​
Weighted average number of shares outstanding, basic and diluted​​​​
Basic24,477,42615,442,34221,790,29313,700,375
Diluted24,477,42617,223,25721,790,29313,902,950

Condensed Consolidated Statements of Changes in Stockholders’** Equity**

For the Three Months Ended September 30, 2026 and 2025

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Dominari · ​ · ​
​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Holdings · Non- · Total
Preferred Stock · Common Stock · Paid-in · Treasury Stock · Accumulated · Stockholders’ · Controlling · Stockholders’
Shares · Amount · Shares · Amount · Capital · Shares · Amount · Deficit · Equity · Interests · Equity
Balance at June 30, 20264,659$-24,243,646$2$361,734-$-$(339,896)$21,840$50$21,890
Stock-based compensation - employees----680---680-680
Issuance of common stock from warrants exercised--1,630,11913,320---3,321-3,321
Stock-based compensation- advisors-----------
Purchase of treasury stock-----(482,196)(1,164)-(1,164)-(1,164)
Dividends issued-----------
Deemed dividend----320--(320)---
Distributions to non-controlling interest---------(798)(798)
Net loss-------(1,621)(1,621)106(1,515)
Balance at September 30, 20264,659$-25,873,765$3$366,054(482,196)$(1,164)$(341,837)$23,056$(642)$22,414
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Dominari · ​ · ​
​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Holdings · Non- · ​
Preferred Stock · Common Stock · Paid-in · Treasury Stock · Accumulated · Stockholders’ · Controlling · Stockholders’
Shares · Amount · Shares · Amount · Capital · Shares · Amount · Deficit · Equity · Interests · Equity
Balance at June 30, 20254,659$-15,295,930$-$334,47560,148$(501)$(246,424)$87,550$1,050$88,600
Stock-based compensation----12---12-12
Issuance of Common Stock from warrants exercised--581,541-2,298---2,298-2,298
Retirement of treasury stock--(60,148)-(501)(60,148)501----
Dividend issued-------(4,910)(4,910)-(4,910)
Distribution to Non Controlling interest--------(1,784)(1,784)
Net income-------125,210125,210871126,081
Balance at September 30, 20254,659$-15,817,323$-$336,284-$-$(126,124)$210,160$137$210,297

For the Nine Months Ended September 30, 2026 and 2025

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Dominari · ​ · ​
​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Holdings · Non- · Total
Preferred Stock · Common Stock · Paid-in · Treasury Stock · Accumulated · Stockholders’ · Controlling · Stockholders’
Shares · Amount · Shares · Amount · Capital · Shares · Amount · Deficit · Equity · Interests · Equity
Balance at December 31, 20254,659$-16,067,435$-$337,505-$-$(268,134)$69,371$-$69,371
Stock-based compensation - employees--6,471,346-20,423---20,423-20,423
Issuance of common stock from warrants exercised--3,334,98437,320--7,323-7,323
Stock-based compensation- advisors----61---61-61
Purchase of treasury stock-----(482,196)(1,164)-(1,164)​(1,164)
Dividends issued-------(9,000)(9,000)​(9,000)
Deemed dividend----745--(745)-​-
Distributions to non-controlling interest---------(898)(898)
Net loss-------(63,958)(63,958)256(63,702)
Balance at September 30, 20264,659$-25,873,765$3$366,054(482,196)$(1,164)$(341,837)$23,056$(642)$22,414
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Dominari · ​ · ​
​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Holdings · Non- · ​
Preferred Stock · Common Stock · Paid-in · Treasury Stock · Accumulated · Stockholders’ · Controlling · Stockholders’
Shares · Amount · Shares · Amount · Capital · Shares · Amount · Deficit · Equity · Interests · Equity
Balance at December 31, 20244,659$-7,037,022$-$263,82060,148$(501)$(223,466)$39,853$-$39,853
Stock-based compensation--1,240,969-33,867---33,867-33,867
Issuance of common stock--3,876,054-13,517---13,517-13,517
Issuance of Common Stock from warrants exercised--1,173,426-4,637---4,637-4,637
Advisory shares issued--2,550,000-20,944---20,944-20,944
Retirement of treasury stock--(60,148)-(501)(60,148)501----
Distribution to Non Controlling interest---------(1,784)(1,784)
Dividends issued-------(11,990)(11,990)-(11,990)
Net income-------109,332109,3321,921111,253
Balance at September 30, 20254,659$-15,817,323$-$336,284-$-$(126,124)$210,160$137$210,297
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.