Overview
- The company posted Q4 2025 EPS of -$0.32 and revenue of $18.46 million, missing estimates of -$0.02 and $23.08 million.
- Net loss from continuing operations was $28.2 million, led by a $20.3 million drop in digital asset values and $12.1 million in impairments.
- Adjusted EBITDA, a profit measure that excludes some costs, turned positive at $1.7 million, or 9.4% of revenue, and the 2025 loss on that metric narrowed to $4.6 million from $11.9 million.
- Management reaffirmed 2026 targets of $85–$90 million in revenue, a 35%–40% gross margin, and adjusted EBITDA above $5 million.
- Shares trade near a 52-week low at $0.25 with a market value near $25 million after a roughly 60% slide over the past year.