Empery Digital Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $974,977 | $4.0M | $3.3M | $4.5M | $448,819 |
| Cost of revenue | $1.3M | $18.0M | $11.4M | $13.4M | $10.5M |
| Gross profit | -$362,618 | -$14.0M | -$8.1M | -$8.9M | -$10.1M |
| Operating expenses | $153.1M | $11.7M | $21.7M | $23.2M | $29.1M |
| Operating income | -$153.5M | -$25.7M | -$29.8M | -$32.1M | -$39.2M |
| Interest expense | $2.3M | $643,716 | $5.0M | $2.3M | $91,238 |
| Pretax income | -$154.0M | -$44.2M | — | — | — |
| Income tax expense | -$5.4M | $0 | $0 | $0 | $0 |
| Net income | -$150.1M | -$45.5M | -$45.1M | -$34.2M | -$40.1M |
| Balance Sheet | |||||
| Cash and equivalents | $9.0M | $2.2M | — | — | — |
| Current assets | $14.3M | $5.1M | $19.5M | $20.3M | $10.9M |
| Total assets | $372.4M | $6.2M | $22.1M | $22.7M | $14.6M |
| Current liabilities | $52.8M | $4.6M | $40.9M | $20.9M | $6.5M |
| Total liabilities | $103.2M | $6.2M | $41.8M | $22.1M | $8.3M |
| Total debt | $1.4M | $1.4M | — | $17.4M | — |
| Stockholders' equity | $269.2M | $40,761 | -$19.6M | $635,013 | $6.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$17.8M | -$16.0M | -$29.6M | -$33.6M | -$24.2M |
| Depreciation and amortization | $301,537 | $362,138 | $243,394 | $757,013 | $206,385 |
| Stock-based compensation | $17.8M | $310,961 | $2.6M | $3.3M | $14.6M |
| Capital expenditure | $204,927 | $312,090 | $949,722 | $799,412 | $824,905 |
| Free cash flow | -$18.1M | -$16.3M | -$30.5M | -$34.4M | -$25.0M |
| Share repurchases | $96.3M | $0 | — | — | — |
Shares outstanding 28.1M · Free float 1.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.