StableX Tech | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD -3.84.

EBIT: As of FY2025 Q3, the actual value is USD -3.596 M.

Segment Revenue

• Revenue: The company reported no revenue for the nine months ended September 30, 2025, compared to $63,777 for the same period in 2024, indicating a decrease due to a pause in manufacturing activities.

Operational Metrics

• Net Income (Loss): The company reported a net loss of -$16,056,245 for the nine months ended September 30, 2025, compared to a net income of $3,826,425 for the same period in 2024.
• Gross Loss: The gross loss was -$956,160 for the nine months ended September 30, 2025, compared to -$2,480,354 for the same period in 2024, showing an improvement.
• Operating Expenses: Total operating expenses decreased to $6,339,346 for the nine months ended September 30, 2025, from $8,621,465 in 2024, primarily due to reductions in research and development, sales and marketing, and general and administrative expenses.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities was -$6,045,637 for the nine months ended September 30, 2025, compared to -$10,334,014 for the same period in 2024, indicating a decrease in cash used.
• Investing Cash Flow: Net cash used in investing activities was -$2,320,340 for the nine months ended September 30, 2025, compared to -$15,249,360 in 2024, reflecting reduced investment in marketable securities.
• Financing Cash Flow: Net cash used in financing activities was -$463,582 for the nine months ended September 30, 2025, compared to -$5,104,889 in 2024, due to proceeds from the Series I Preferred Stock issuance.

Unique Metrics

• Digital Assets: The company acquired digital assets worth $1,800,000, including FLUID, INJ, and LINK tokens, with an unrealized loss of -$228,972 recognized for the nine months ended September 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company is transitioning to a digital asset-focused business model, targeting the acquisition of up to $100 million in crypto assets related to the stablecoin industry, aiming to generate revenue through capital appreciation and income from staking and protocol incentives.
• Non-Core Business: The company has paused manufacturing activities to focus on re-engineering its Vanish vehicle, with plans to resume upon successful optimization of design and manufacturing efficiencies.