DFDVW
DeFi Development Corp.
Price Chart
Latest Quote
$0.33
| Previous Close | $0.35 |
| Open | $0.33 |
| Day High | $0.34 |
| Day Low | $0.32 |
| Volume | 2,719 |
Stock Information
| Total Debt | $127.78M |
| Cash Equivalents | $6.38M |
| Revenue | $13.76M |
| Net Income | $-156.40M |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Sales | $13.76M |
| Income | $-156.40M |
| Book/sh | $0.35 |
| Employees | 16 |
Financial Ratios
| Quick Ratio | 0.07 |
| Current Ratio | 1.39 |
| Debt/Eq | 1253.47 |
Returns & Margins
| ROA | -47.44% |
| ROE | -2398.44% |
| Gross Margin | 97.49% |
| Operating Margin | -2072.82% |
Ownership
| Insider & Institutional transactions data not available |
Valuation Ratios
| P/B | 0.96 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.41 |
| SMA50 | $0.52 |
| RSI | 29.14 |
| ATR | 0.0670 |
| Shares Float | 22.07M |
| Volatility | -4.44 |
| Rel Volume | 0.31 |
Performance History
| Week | nan% |
| Month | nan% |
| Quarter | nan% |
| 6 Months | nan% |
| YTD | nan% |
| 10 Years | nan% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $0.33 | 3,000 |
| 2026-06-17 | $0.35 | 6,500 |
| 2026-06-16 | $0.41 | 3,600 |
| 2026-06-15 | $0.40 | 15,200 |
| 2026-06-12 | $0.36 | 3,600 |
| 2026-06-11 | $0.32 | 3,500 |
| 2026-06-10 | $0.31 | 3,500 |
| 2026-06-09 | $0.32 | 19,300 |
| 2026-06-08 | $0.37 | 2,600 |
| 2026-06-05 | $0.37 | 10,100 |
| 2026-06-04 | $0.35 | 3,800 |
| 2026-06-03 | $0.35 | 13,600 |
| 2026-06-02 | $0.40 | 53,400 |
| 2026-06-01 | $0.50 | 8,000 |
| 2026-05-29 | $0.50 | 14,300 |
| 2026-05-28 | $0.52 | 3,300 |
| 2026-05-27 | $0.45 | 11,300 |
| 2026-05-26 | $0.52 | 2,700 |
| 2026-05-22 | $0.55 | 6,300 |
| 2026-05-21 | $0.53 | 5,600 |
| 2026-05-20 | $0.60 | 2,400 |
| 2026-05-19 | $0.66 | 6,400 |
About DeFi Development Corp.
DeFi Development Corp. focuses on building its treasury around Solana (SOL). SOL is a blockchain infrastructure platform. The company operates through two segments: Digital Asset Treasury and Real Estate Platform. The Digital Asset Treasury segment executes and manages its treasury policy for the purpose of purchasing, holding, and compounding its digital asset holdings through staking and operating its owned validators. The Real Estate Platform segment offers a technology platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings and commercial property lenders. The company was formerly known as Janover Inc. and changed its name to DeFi Development Corp. in April 2025. The company. was founded in 2018 and is headquartered in Boca Raton, Florida.
đ° Latest News
The SECâs âMake IPOs Great Againâ Agenda: ICR Capital Note
IPO-Edge.com âĸ 2026-05-22T17:40:33ZDeFi Development Corp (DFDV) Q1 2026 Earnings Call Highlights: Strong Solana Growth and ...
GuruFocus.com âĸ 2026-05-22T01:00:46ZSOL Strategies: Darklake & Houdini Add Middleware Monetization, Staking Scale Nears 768k SOL â Quarterly Update Report
Exec Edge âĸ 2026-05-20T16:08:07ZDeFi Development Pitches âSpeedboatâ Solana Strategy as Treasury Holdings Surge
MarketBeat âĸ 2026-05-16T06:05:39ZDeFi Development Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-14T15:06:57ZDeFi Development Opens $200 Million ATM Facility to Expand Solana Treasury
CryptoProwl âĸ 2026-05-04T14:52:00ZDeFi Development Unveils Solana Treasury Strategy, Targets âSOL Per Shareâ Growth at Conference
MarketBeat âĸ 2026-04-15T14:02:12ZDeFi Development Details Solana âSOL Per Shareâ Strategy, DAT Shakeout and Apex Leverage Plans
MarketBeat âĸ 2026-04-06T19:03:38ZDeFi Development Corp (DFDV) Q4 2025 Earnings Call Highlights: Strategic Moves Amid Market ...
GuruFocus.com âĸ 2026-04-02T01:01:15ZDeFi Development Cuts Near-Term SOL Guidance, Highlights ApeX Stablecoin Bet to Boost Fundraising
MarketBeat âĸ 2026-03-09T16:06:07ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $249,000 | $32,000 | $0 | - |
| Cost Of Revenue | $249,000 | $32,000 | $0 | - |
| Total Revenue | $11,386,000 | $2,100,000 | $2,003,155 | $2,150,937 |
| Operating Revenue | $11,386,000 | $2,100,000 | $2,003,155 | $2,150,937 |
| Expenses | ||||
| Interest Expense | $8,931,000 | $0 | - | $0 |
| Total Expenses | $19,011,000 | $5,103,000 | $5,408,047 | $3,871,332 |
| Other Income Expense | $-57,223,000 | $276,000 | $-109,622 | $449,479 |
| Other Non Operating Income Expenses | $179,000 | $6,295 | $10,204 | $15,255 |
| Net Non Operating Interest Income Expense | $-8,931,000 | $0 | $140,720 | $9,241 |
| Interest Expense Non Operating | $8,931,000 | $0 | - | $0 |
| Operating Expense | $18,762,000 | $5,071,000 | $5,408,047 | $3,871,332 |
| Selling And Marketing Expense | $2,245,000 | $1,497,000 | $220,065 | $427,646 |
| General And Administrative Expense | $14,330,000 | $2,612,000 | $4,394,939 | $3,016,858 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Net Interest Income | $-8,931,000 | $0 | $140,720 | $9,241 |
| Normalized Income | $-28,440,420 | $-3,003,000 | $-3,253,968 | $-1,695,899 |
| Net Income From Continuing And Discontinued Operation | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Total Operating Income As Reported | $-36,398,000 | $-3,003,000 | $-3,404,892 | $-1,720,395 |
| Net Income Common Stockholders | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Net Income | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Net Income Including Noncontrolling Interests | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Net Income Continuous Operations | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Pretax Income | $-73,779,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Special Income Charges | $-1,958,000 | $0 | $0 | - |
| Operating Income | $-7,625,000 | $-3,003,000 | $-3,404,892 | $-1,720,395 |
| Depreciation Amortization Depletion Income Statement | $1,045,000 | $307,000 | $912 | - |
| Depreciation And Amortization In Income Statement | $1,045,000 | $307,000 | $912 | - |
| Gross Profit | $11,137,000 | $2,068,000 | $2,003,155 | - |
| Interest Income | - | $156,020 | $140,720 | $9,241 |
| Interest Income Non Operating | - | $156,020 | $140,720 | $9,241 |
| Other | ||||
| Tax Effect Of Unusual Items | $-12,054,420 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-6,401,000 | $-2,696,000 | $-3,284,154 | $-2,154,619 |
| Total Unusual Items | $-57,402,000 | $276,000 | $-119,826 | $434,224 |
| Total Unusual Items Excluding Goodwill | $-57,402,000 | $276,000 | $-119,826 | $434,224 |
| Reconciled Depreciation | $1,045,000 | $307,000 | $912 | $0 |
| EBITDA (Bullshit earnings) | $-63,803,000 | $-2,420,000 | $-3,403,980 | $-1,720,395 |
| EBIT | $-64,848,000 | $-2,727,000 | $-3,404,892 | $-1,720,395 |
| Diluted NI Availto Com Stockholders | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Tax Provision | $9,000 | $0 | - | - |
| Gain On Sale Of Business | $-1,958,000 | $0 | - | - |
| Gain On Sale Of Security | $-55,444,000 | $276,000 | $-119,826 | $434,224 |
| Research And Development | $1,142,000 | $655,000 | $792,131 | $426,828 |
| Selling General And Administration | $16,575,000 | $4,109,000 | $4,615,004 | $3,444,504 |
| Other Gand A | $14,330,000 | $2,612,000 | $924,258 | $412,896 |
| Impairment Of Capital Assets | - | $83,219 | $0 | - |
| Salaries And Wages | - | $2,692,885 | $3,470,681 | $2,603,962 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $95,634,000 | $2,517,000 | $4,533,355 | $509,200 |
| Total Assets | $307,410,000 | $4,376,000 | $6,683,825 | $1,336,913 |
| Total Non Current Assets | $185,484,000 | $1,101,000 | $1,391,648 | $309,935 |
| Other Non Current Assets | $181,857,000 | $33,000 | $18,107 | $6,877 |
| Goodwill And Other Intangible Assets | $3,627,000 | $985,000 | $1,282,623 | $16,178 |
| Other Intangible Assets | $3,020,000 | $378,000 | $675,957 | $16,178 |
| Current Assets | $121,926,000 | $3,275,000 | $5,292,177 | $1,026,978 |
| Other Current Assets | $1,526,000 | - | - | - |
| Current Deferred Assets | $6,377,000 | $114,000 | $0 | - |
| Restricted Cash | $103,943,000 | $0 | - | - |
| Prepaid Assets | $433,000 | $109,000 | $130,430 | $7,566 |
| Receivables | $52,000 | $195,000 | $86,138 | $38,287 |
| Accounts Receivable | $52,000 | $195,000 | $86,138 | $38,287 |
| Cash Cash Equivalents And Short Term Investments | $9,595,000 | $2,857,000 | $5,075,609 | $981,125 |
| Cash And Cash Equivalents | $5,920,000 | $2,517,000 | $5,075,609 | $981,125 |
| Non Current Accounts Receivable | - | $42,000 | - | - |
| Non Current Deferred Assets | - | - | $0 | $177,219 |
| Cash Financial | - | - | - | $981,125 |
| Other Receivables | - | - | - | - |
| Debt | ||||
| Net Debt | $121,548,000 | - | - | - |
| Total Debt | $127,468,000 | $13,933 | $66,664 | $112,573 |
| Long Term Debt And Capital Lease Obligation | $127,361,000 | $0 | $13,933 | $67,057 |
| Long Term Debt | $127,361,000 | - | - | - |
| Current Debt And Capital Lease Obligation | $107,000 | $13,933 | $52,731 | $45,516 |
| Current Debt | $107,000 | - | - | - |
| Other Current Borrowings | $107,000 | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $208,149,000 | $874,000 | $867,847 | $811,535 |
| Total Non Current Liabilities Net Minority Interest | $127,361,000 | $281,000 | $192,752 | $606,639 |
| Non Current Deferred Liabilities | $0 | $102,000 | $0 | - |
| Current Liabilities | $80,788,000 | $593,000 | $675,095 | $204,896 |
| Other Current Liabilities | $73,778,000 | $14,000 | - | - |
| Current Deferred Liabilities | $82,000 | $239,000 | $83,228 | $0 |
| Payables And Accrued Expenses | $6,821,000 | $340,000 | $539,136 | $159,380 |
| Other Non Current Liabilities | - | $179,000 | $178,819 | - |
| Derivative Product Liabilities | - | - | $0 | $539,582 |
| Equity | ||||
| Common Stock Equity | $99,261,000 | $3,502,000 | $5,815,978 | $525,378 |
| Total Equity Gross Minority Interest | $99,261,000 | $3,502,000 | $5,815,978 | $525,378 |
| Stockholders Equity | $99,261,000 | $3,502,000 | $5,815,978 | $525,378 |
| Gains Losses Not Affecting Retained Earnings | $-27,000 | $0 | - | - |
| Other Equity Adjustments | $-27,000 | - | - | - |
| Retained Earnings | $-91,773,000 | $-9,370,000 | $-6,643,475 | $-3,269,681 |
| Other | ||||
| Ordinary Shares Number | $29,892,800 | $9,909,473 | $9,666,108 | $8,744,504 |
| Share Issued | $29,892,800 | $9,909,473 | $9,666,108 | $8,744,504 |
| Tangible Book Value | $95,634,000 | $2,517,000 | $4,533,355 | $509,200 |
| Invested Capital | $226,729,000 | $3,502,000 | $5,815,978 | $525,378 |
| Working Capital | $41,138,000 | $2,682,000 | $4,617,082 | $822,082 |
| Total Capitalization | $226,622,000 | $3,502,000 | $5,815,978 | $525,378 |
| Treasury Stock | $11,520,000 | $0 | - | - |
| Additional Paid In Capital | $202,581,000 | $12,872,000 | $12,459,439 | $3,794,988 |
| Capital Stock | $0 | $0 | $14 | $71 |
| Common Stock | $0 | $0 | $14 | $71 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Non Current Deferred Revenue | $0 | $102,000 | $0 | - |
| Current Deferred Revenue | $82,000 | $239,000 | $83,228 | $0 |
| Goodwill | $607,000 | $607,000 | $606,666 | $0 |
| Net PPE | $0 | $41,000 | $90,918 | $109,661 |
| Other Short Term Investments | $3,675,000 | $340,000 | $0 | - |
| Capital Lease Obligations | - | $13,933 | $66,664 | $112,573 |
| Long Term Capital Lease Obligation | - | $0 | $13,933 | $67,057 |
| Current Capital Lease Obligation | - | $13,933 | $52,731 | $45,516 |
| Accumulated Depreciation | - | $-8,071 | $-912 | $0 |
| Gross PPE | - | $61,820 | $91,830 | $109,661 |
| Other Properties | - | $12,962 | $62,781 | $109,661 |
| Machinery Furniture Equipment | - | $48,858 | $29,049 | $0 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-235,287,000 | $-2,441,000 | $-1,596,611 | $-1,023,665 |
| Operating Activities | ||||
| Operating Cash Flow | $-17,967,000 | $-2,418,000 | $-1,567,562 | $-1,023,665 |
| Cash Flow From Continuing Operating Activities | $-17,967,000 | $-2,418,000 | $-1,567,562 | $-1,023,665 |
| Operating Gains Losses | $52,565,000 | $-114,000 | $119,826 | $-434,224 |
| Investing Activities | ||||
| Capital Expenditure | $-217,320,000 | $-23,000 | $-29,049 | - |
| Investing Cash Flow | $-221,543,000 | $-23,000 | $-89,049 | $0 |
| Cash Flow From Continuing Investing Activities | $-221,543,000 | $-23,000 | $-89,049 | $0 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-87,156,000 | $-5,000 | $0 | - |
| Issuance Of Capital Stock | $134,685,000 | $0 | $6,650,000 | $165,992 |
| Financing Cash Flow | $242,913,000 | $-118,000 | $5,751,095 | $297,523 |
| Cash Flow From Continuing Financing Activities | $242,913,000 | $-118,000 | $5,751,095 | $297,523 |
| Net Other Financing Charges | $-6,989,000 | $-114,000 | $-898,905 | $-154,469 |
| Net Common Stock Issuance | $47,529,000 | $-5,000 | $5,650,000 | $165,992 |
| Common Stock Issuance | $134,685,000 | $0 | $5,650,000 | $165,992 |
| Net Preferred Stock Issuance | - | $0 | $1,000,000 | $0 |
| Preferred Stock Issuance | - | $0 | $1,000,000 | $0 |
| Cash Dividends Paid | - | - | - | $0 |
| Common Stock Dividend Paid | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-373,000 | $0 | - | - |
| Issuance Of Debt | $148,913,000 | $0 | - | - |
| Interest Paid Supplemental Data | $358,000 | $3,000 | $0 | $0 |
| Income Tax Paid Supplemental Data | $2,000 | $0 | $0 | $0 |
| End Cash Position | $5,920,000 | $2,517,000 | $5,075,609 | $981,125 |
| Beginning Cash Position | $2,517,000 | $5,076,000 | $981,125 | $1,707,267 |
| Changes In Cash | $3,403,000 | $-2,559,000 | $4,094,484 | $-726,142 |
| Proceeds From Stock Option Exercised | $53,833,000 | $1,000 | $0 | $286,000 |
| Common Stock Payments | $-87,156,000 | $-5,000 | $0 | - |
| Net Issuance Payments Of Debt | $148,540,000 | $0 | - | - |
| Net Short Term Debt Issuance | $-373,000 | $0 | - | - |
| Short Term Debt Payments | $-373,000 | $0 | - | - |
| Net Long Term Debt Issuance | $148,913,000 | $0 | - | - |
| Long Term Debt Issuance | $148,913,000 | $0 | - | - |
| Net Investment Purchase And Sale | $-17,970,000 | $0 | - | - |
| Sale Of Investment | $1,750,000 | $0 | - | - |
| Purchase Of Investment | $-19,720,000 | $0 | - | - |
| Net Business Purchase And Sale | $-1,250,000 | $0 | $-60,000 | $0 |
| Purchase Of Business | $-1,250,000 | $0 | $-60,000 | $0 |
| Net Intangibles Purchase And Sale | $-202,321,000 | $0 | $0 | - |
| Sale Of Intangibles | $14,997,000 | $0 | - | - |
| Purchase Of Intangibles | $-217,318,000 | $0 | $0 | - |
| Net PPE Purchase And Sale | $-2,000 | $-23,000 | $-29,049 | $0 |
| Purchase Of PPE | $-2,000 | $-23,000 | $-29,049 | $0 |
| Change In Working Capital | $6,286,000 | $-71,000 | $200,047 | $142,305 |
| Change In Other Working Capital | $787,000 | $258,000 | $-5,379 | - |
| Change In Other Current Liabilities | $36,000 | $-3,000 | $969 | $0 |
| Change In Other Current Assets | $-124,000 | $-2,000 | $-11,230 | $-4,483 |
| Change In Payables And Accrued Expense | $5,883,000 | $-199,000 | $379,756 | $79,615 |
| Change In Prepaid Assets | $309,000 | $26,000 | $-116,218 | $-5,172 |
| Change In Receivables | $-605,000 | $-151,000 | $-47,851 | $72,345 |
| Changes In Account Receivables | $-605,000 | $-151,000 | $-47,851 | $72,345 |
| Other Non Cash Items | $-5,749,000 | $-226,000 | - | - |
| Stock Based Compensation | $1,674,000 | $413,000 | $1,485,447 | $529,929 |
| Depreciation Amortization Depletion | $1,045,000 | $307,000 | $912 | $0 |
| Depreciation And Amortization | $1,045,000 | $307,000 | $912 | $0 |
| Gain Loss On Investment Securities | $23,613,000 | $-114,000 | $119,826 | $-434,224 |
| Gain Loss On Sale Of PPE | $26,994,000 | $0 | - | - |
| Gain Loss On Sale Of Business | $1,958,000 | $0 | - | - |
| Net Income From Continuing Operations | $-73,788,000 | $-2,727,000 | $-3,373,794 | $-1,261,675 |
| Unrealized Gain Loss On Investment Securities | - | $-114,385 | $0 | - |
| Asset Impairment Charge | - | $83,219 | $0 | - |
| Depreciation | - | - | $912 | $0 |
| Change In Payable | - | - | - | - |
| Change In Account Payable | - | - | - | - |