Chaince Digital Holdings 10-K: $1.87M Revenue, widened net loss of $5.10M

Chaince Digital Holdings reported $1.867 million in revenue for the year, a 278% increase driven by expanded advisory and PIPE services, while the company recorded a net loss of $5.098 million reflecting discontinued mining losses and impairments. Gross profit improved to $1.201 million with a 64.31% margin, but operating losses widened as the company scaled general and administrative expenses. The results reflect a strategic shift toward financial services following regulatory approval and organizational changes during the year. Financial Highlights Revenue: $1.867 million, increase of $1.373 million (277.93%) versus prior year, driven by expanded advisory & PIPE services.Gross Profit: $1.201 million; gross margin 64.31%, an improvement of 16.86 percentage points versus prior year.Operating Loss: $(3.772) million, widened $1.771 million (88.53%) versus prior year due to higher G&A and scaling costs.Net Loss: $(5.098) million, increased $0.563 million (12.43%), which includes losses and impairments from discontinued mining operations.Net Income Per Share: Omitted in Part II Item 7/Item 8 and therefore not provided. Business Highlights Revenue Growth and Services Mix: Significant year-over-year revenue growth concentrated in financial services and advisory, primarily from expanded advisory and PIPE services.Strategic Shift: Pivoted primary focus to financial services after FINRA approval of Chaince Securities, LLC CMA in March 2025, signaling a move away from prior core operations.Brand and Market Presence: Rebranded to Chaince Digital Holdings (ticker CD) in November 2025 and launched a new website to support strategic repositioning and client outreach.Geographic and Operational Expansion: Opened New York operations to serve U.S. clients and established Chaince (Shenzhen) Consulting in August 2025 to support APAC business development.Discontinued Operations — Mining: Board approved wind-down and sale of Filecoin mining assets in December 2025; mining activities were classified as discontinued operations.Original SEC Filing: Chaince Digital Holdings Inc. [ CD ] - 10-K - Mar. 26, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.