Sharplink, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Sharplink, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $28.06M | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $3.66M | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $4.95M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $3.49M | Mar 29, 2024 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $4.95M | Mar 29, 2024 |
| FY2023 | Dec 31, 2022 | $3.49M | Mar 29, 2024 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $906.3K | Mar 17, 2025 |
| FY2024 | Dec 31, 2023 | $1.53M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $1.32M | Mar 29, 2024 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($734.59M) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $10.10M | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | ($14.24M) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($15.23M) | Mar 29, 2024 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($733.92M) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | ($4.76M) | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | ($8.89M) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($14.28M) | Mar 29, 2024 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $42.39M | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $5.67M | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $7.96M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $10.87M | Mar 29, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($17.54M) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | ($22.81M) | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $582.9K | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($5.94M) | Mar 29, 2024 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $11.0K | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $2.0K | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $12.1K | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $13.0K | Mar 29, 2024 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.43B | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $2.57M | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $71.28M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $65.05M | Mar 29, 2024 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.75M | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $489.0K | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | $80.68M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $62.06M | Mar 29, 2024 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.42B | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | $2.08M | Mar 9, 2026 |
| FY2025 | Dec 31, 2023 | ($9.40M) | Mar 9, 2026 |
| FY2023 | Dec 12, 2023 | $2.50M | Mar 29, 2024 |
| FY2024 | Dec 31, 2022 | $2.99M | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | $14.19M | Mar 29, 2024 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2022 | $1.62M | Mar 29, 2024 |
| FY2023 | Dec 31, 2021 | $3.13M | Mar 29, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($812.40M) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | ($77.81M) | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | ($87.86M) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($73.57M) | Mar 29, 2024 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $2.08M | Mar 29, 2024 |
| FY2023 | Dec 22, 2022 | $1.27M | Mar 29, 2024 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (7) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | 35 | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | (5) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | (6) | Mar 29, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (7) | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | 27 | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | (5) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | (6) | Mar 29, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 196.70M | Mar 9, 2026 |
| FY2025 | May 5, 2025 | 659,684 | Mar 9, 2026 |
| FY2025 | May 4, 2025 | 7.92M | Mar 9, 2026 |
| FY2025 | Dec 31, 2024 | 407,287 | Mar 9, 2026 |
| FY2024 | Dec 31, 2023 | 2.86M | Mar 17, 2025 |
| FY2024 | Apr 23, 2023 | 2.69M | Mar 17, 2025 |
| FY2024 | Apr 22, 2023 | 26.88M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | 2.69M | Mar 29, 2024 |