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DFDV DFDV Treasury — R&D

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LODEResearch And Development Expense Paid For Software
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PTH
PTHSResearch and Development operations — Total Assets
$1.1M

Other financials

Income statement

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Revenue$2.7M+828%
Gross profit$2.6M+814%
Operating income-$55.2M-6,154%
Net income-$83.4M-10,619%
EPS (diluted)-$3.18-3,875%

Balance sheet

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Cash & equivalents$3.7M+104%
Total debt$127.8M+226,535%
Total equity$10.2M+258%
Total assets$229.7M+5,425%

Cash flow

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Operating cash flow-$9.8M-1,151%
CapEx$500.0-95.0%
Free cash flow-$10.9M-5,681%

Valuation

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Market cap$88.55M-62.4%
Enterprise value$212.64M-21.3%
P/S6.4×-60.4×

Profitability

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Gross margin97.5%-0.9pp
Operating margin-659.3%-919pp
Net margin-1,136.4%-1,303pp
FCF margin-116.2%+98.4pp

Returns & leverage

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Return on equity-2,398.4%-2,467pp
Debt / equity12.5×+12.5×
Current ratio1.4×-1.5×

Where this comes from

Reported directly by DFDV in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: DFDV’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DFDV's treasury — R&D?
DFDV (DFDV) reported treasury — R&D of $125K in Q1 2026.
What does treasury — R&D mean?
Reflects the investment in innovation, software development, and technical enhancements for the digital asset treasury platform. It highlights the company's commitment to improving the underlying technology and security of its crypto-asset holdings.