cash flow reconciliationreview2024-12-31
Operating, investing and financing flows differ from the reported change in cash by 2235000, beyond tolerance 1000000.
Revenue
$9.78M
Fiscal year ended 2024-12-31Net income
-$7.22M
Fiscal year ended 2024-12-31Total assets
$3.42M
Fiscal year ended 2024-12-31Stablecoin Development Corp (SDEV) reported revenue of $9.78M and net income of -$7.22M for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Stablecoin Development Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.78M | $10.46M | $14.40M | $10.20M | $9.93M | $6.60M | $12.51M | $18.23M | $11.90M | $4.38M |
| Cost of revenue | $3.30M | $4.37M | $6.62M | $3.69M | $3.97M | $1.74M | $1.50M | $2.78M | $2.46M | $1.26M |
| Gross profit | $6.48M | $6.08M | $7.78M | $6.52M | $5.96M | $4.86M | $11.00M | $15.45M | $9.43M | $3.12M |
| Operating income | -$7.38M | -$4.10M | -$14.42M | -$8.86M | -$6.43M | -$9.40M | -$7.87M | -$7.31M | -$10.98M | -$21.14M |
| Net income | -$7.22M | -$9.64M | -$10.61M | -$5.82M | -$11.04M | -$9.66M | -$6.54M | -$7.40M | -$13.15M | -$18.97M |
| Research & development | $42.00K | $34.00K | $174.00K | $44.00K | $285.00K | $184.00K | $259.00K | $410.00K | $1.37M | $5.73M |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | Unavailable | shares 35.08M | shares 21.64M | shares 17.06M | shares 15.32M | shares 9.41M | shares 2.78M |
| Pretax income | Unavailable | -$9.64M | -$10.61M | -$5.82M | -$11.03M | -$9.65M | -$6.54M | -$7.40M | -$13.15M | -$18.97M |
| Income tax expense | $0 | $0 | $0 | $0 | $5.00K | $6.00K | $4.00K | $3.00K | $2.00K | $2.00K |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | $-0.31 | $-0.48 | $-0.46 | $-0.48 | $-1.40 | $-6.82 |
| Selling, general & administrative | Unavailable | $10.15M | $15.29M | $15.33M | $12.10M | $14.08M | $18.62M | $22.35M | $19.04M | $18.09M |
| General & administrative | $7.38M | $5.45M | $7.49M | $7.24M | $5.93M | $5.31M | $5.83M | $8.64M | $7.24M | $8.01M |
| Selling & marketing | $4.03M | $4.70M | $7.80M | $8.09M | $6.17M | $8.77M | $12.79M | $13.71M | $11.81M | $10.52M |
Balance
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $430.00K | $2.92M | $5.36M | $7.50M | $11.95M | $6.94M | $3.18M | $3.20M | $9.51M | $2.38M |
| Total assets | $3.42M | $9.03M | $16.40M | $23.98M | $15.24M | $11.22M | $9.36M | $10.08M | $15.38M | $5.08M |
| Current assets | $1.94M | $7.15M | $11.33M | $13.17M | $14.24M | $9.38M | $8.61M | $9.00M | $14.47M | $4.53M |
| Total liabilities | $3.55M | $5.72M | $5.84M | $13.81M | $2.92M | $10.25M | $4.41M | $7.48M | $8.28M | $10.18M |
| Current liabilities | $2.84M | $4.28M | $4.26M | $3.44M | $2.83M | $5.69M | $3.85M | $4.98M | $4.32M | $4.63M |
| Total equity incl. NCI | -$129.00K | $3.31M | $10.55M | $10.17M | $12.32M | $973.00K | $4.95M | $2.59M | $7.10M | -$5.10M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $0 | $501.00K | $3.44M | $3.22M | $608.00K | $492.00K | $280.00K | $504.00K | $873.00K | $1.34M |
| Accounts receivable | Unavailable | $680.00K | $1.97M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | $0 | $348.00K | $4.53M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $109.00K | $906.00K | $1.08M | $1.04M | $302.00K | $331.00K | $551.00K | $466.00K | $455.00K | $2.48M |
Cash flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7.50M | -$4.13M | -$6.65M | -$9.19M | -$4.72M | -$7.93M | -$5.57M | -$6.27M | -$11.66M | -$18.56M |
| Capital expenditures | $6.00K | $19.00K | $112.00K | $52.00K | $26.00K | $19.00K | $44.00K | $244.00K | $160.00K | $123.00K |
| Investing cash flow | $1.06M | -$19.00K | -$112.00K | -$12.04M | -$26.00K | -$19.00K | -$44.00K | -$244.00K | -$160.00K | -$86.00K |
| Financing cash flow | $1.50M | $1.91M | $4.63M | $16.79M | $9.76M | $11.70M | $5.60M | $201.00K | $19.42M | $15.60M |
| Net change in cash | -$2.70M | -$2.24M | -$2.13M | -$4.45M | $5.02M | $3.75M | -$15.00K | -$6.31M | $7.60M | -$3.04M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $1.19M |
| Common dividends paid | $0 | Unavailable | Unavailable | Unavailable | Unavailable | $0 | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | $51.00K | $120.00K | $59.00K | $51.00K | $65.00K | $266.00K | $95.00K | $114.00K | $164.00K |
Derived
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | -$6.77M | -$9.24M | -$4.75M | -$7.95M | -$5.61M | -$6.51M | -$11.82M | -$18.68M |
| Gross margin | 66.3% | 58.2% | 54.0% | 63.8% | 60.0% | 73.7% | 88.0% | 84.7% | 79.3% | 71.2% |
| Operating margin | Unavailable | -39.2% | -100.1% | -86.8% | -64.7% | -142.4% | -62.9% | -40.1% | -92.3% | -482.5% |
| FCF margin | Unavailable | Unavailable | -47.0% | -90.6% | -47.8% | -120.4% | -44.9% | -35.7% | -99.4% | -426.4% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.68x | 1.67x | 2.66x | 3.83x | 5.03x | 1.65x | 2.24x | 1.81x | 3.35x | 0.98x |
| Revenue YoY growth | -6.4% | -27.4% | 41.2% | 2.7% | 50.5% | -47.2% | -31.4% | 53.2% | 171.6% | Unavailable |
| Net margin | Unavailable | -92.2% | -73.6% | -57.1% | -111.1% | -146.4% | -52.3% | -40.6% | -110.5% | -433.1% |
| R&D / revenue | 0.4% | 0.3% | 1.2% | 0.4% | 2.9% | 2.8% | 2.1% | 2.2% | 11.5% | 130.7% |
| CapEx / revenue | 0.1% | 0.2% | 0.8% | 0.5% | 0.3% | 0.3% | 0.4% | 1.3% | 1.3% | 2.8% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SDEV in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K/A · Filed 2026-04-29View SEC filing
10-K · Filed 2026-03-19View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-14View SEC filing
Reconciliation checks needing review
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