ALT5 Sigma 10-K: Revenue $24.8M, EPS (Loss) $5.91
Complete. Here is the key summaryALT5 Sigma reported $24.84 million in revenue for the year, with a net loss per share of $5.91 due to significant unrealized losses on cryptocurrency holdings. The company experienced a gross profit of $10.188 million and an operating loss of $22.851 million, influenced by increased expenses from acquisitions. The revenue growth was primarily driven by fintech operations and strategic shifts towards blockchain payments. ALT5 Sigma also announced plans to spin off a biotech subsidiary and completed acquisitions to enhance its payment infrastructure.
ALT5 Sigma reported $24.84 million in revenue for the year, driven by recent acquisitions, and a net loss per share of $5.91 due largely to a substantial unrealized loss on cryptocurrency holdings. The company recorded a gross profit of $10.188 million (41.0% gross margin) and an operating loss reflecting increased SG&A and stock‑based compensation tied to integration of acquired businesses. The results reflect ALT5 Sigma’s pivot into blockchain payments and related ecosystem investments announced during the year.
Financial Highlights
- Revenue: $24.84 million, an increase of approximately $13.0 million versus the prior year driven by acquisitions (ALT5 Subsidiary, Mswipe).
- Gross Profit: $10.188 million; gross margin 41.0% (down from 48% prior year), impacted by the mix from acquired businesses.
- Operating Income (Loss): Operating loss of $(22.851) million, reflecting higher selling, general & administrative expenses associated with acquisitions and stock‑based compensation.
- Net Income (Net Loss): Net loss of $(344.507) million, which includes an unrealized loss on cryptocurrency assets of $(402.054) million.
- Net Loss Per Share: Net loss per share of $(5.91); weighted average common shares outstanding 58.3039 million.
Business Highlights
- Revenue Growth from Fintech Operations: Fintech revenue increased to $24.8 million in 2025 from $11.9 million in 2024, primarily driven by acquisitions completed in May 2024 and May 2025.
- Strategic Shift: Company pivoted toward blockchain payments and integration of WLFI/USD1 for trading, settlement, and merchant acceptance to support its payments ecosystem.
- Brand & Ecosystem Positioning: Closed a $1.5 billion offering to acquire significant WLFI holdings, positioning ALT5 Sigma within the World Liberty Financial decentralized finance ecosystem.
- Operational Integration: Completed acquisition and integration of ALT5 Subsidiary and Mswipe, combining payment and trading infrastructure to support merchant acceptance and settlement functions.
- Corporate Development: Announced a plan to spin off a biotech subsidiary and intends to capitalize that business and pursue financings to support development of JAN123 and stand‑alone biotech operations.
Original SEC Filing: ALT5 Sigma Corp [ ALTS ] - 10-K - Apr. 10, 2026