Groovy Company 2025 10-K: $212K Revenue, $1.01 EPS

Groovy Company reported $211,877 in total revenue for the year ended December 31, 2025, and posted net income of $7,449,800, or $1.01 per share, which includes a $7,809,856 non-cash SPA gain. Revenue and gross profit remain modest while operating results reflect a loss from operations driven by operating expenses. The results reflect early commercial traction and significant non-cash accounting items affecting net income.

Financial Highlights

• Revenue: $0.212 million, total revenue of $211,877 for the year ended Dec. 31, 2025.
• Gross Profit: $0.210 million, gross profit of $210,377 for the year ended Dec. 31, 2025.
• Operating Income: $(0.357) million, Loss from Operations of $(357,386) for the year ended Dec. 31, 2025.
• Net Income: $7.450 million, net income of $7,449,800 (includes $7,809,856 non-cash SPA gain).
• Net Income Per Share: $1.01 per share, basic and diluted for the year ended Dec. 31, 2025.

Business Highlights

• Revenue Growth: Revenue rose to $211,877 in 2025 from $3,600 in 2024, reflecting early commercial traction.
• Platform Milestone: OTCM Protocol Layer‑2 platform capitalized at $19.51 million (67% complete) following an IP acquisition.
• Transaction Validation: Beta platform processed over $7 million in liquidity, validating the core protocol and market demand.
• Operational Spend & Staffing: $567,000 in operating expenses in 2025 with accrued officer compensation under new agreements.
• Near‑term Plans: Management is pursuing a $20 million security token offering, platform launch fee revenue, and SOL staking revenue as part of commercialization plans.

Original SEC Filing: GROOVY COMPANY, INC. [ SANP ] - 10-K - Mar. 17, 2026