SDEV
Stablecoin Development Corporat
Price Chart
Latest Quote
$1.22
+0.03 (+2.52%)
Current Price
| Previous Close | $1.19 |
| Open | $1.18 |
| Day High | $1.24 |
| Day Low | $1.18 |
| Volume | 128,252 |
Stock Information
| Shares Outstanding | 27.12M |
| Total Debt | $637K |
| Cash Equivalents | $18.41M |
| Revenue | $25.14M |
| Net Income | $522.51M |
| Sector | Financial Services |
| Industry | Asset Management |
| Market Cap | $33.08M |
| EPS (TTM) | $-22.03 |
| Exchange | ASE |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $15.31M |
| Sales | $25.14M |
| Income | $522.51M |
| Book/sh | $5.20 |
| Cash/sh | $0.68 |
| Employees | 2 |
Financial Ratios
| Quick Ratio | 5.15 |
| Current Ratio | 5.33 |
| Debt/Eq | 0.46 |
| EPS Growth TTM | 7102.10% |
Returns & Margins
| ROA | 11.47% |
| ROE | 720.75% |
| Gross Margin | 100.00% |
| Operating Margin | 88.67% |
| Profit Margin | 2078.98% |
Ownership
| Insider Ownership | 92.40% |
| Institutional Ownership | 3.65% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 1.32 |
| P/B | 0.23 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.20 |
| SMA50 | $1.38 |
| SMA200 | $8.61 |
| RSI | 46.75 |
| ATR | 0.1293 |
| Shares Float | 7.16M |
| Short Float | 6.69% |
| Short Ratio | 0.80 |
| Volatility | 0.08 |
| Rel Volume | 0.25 |
Performance History
| Week | +11.93% |
| Month | -21.29% |
| Quarter | +0.00% |
| 6 Months | -92.28% |
| YTD | -95.84% |
| Year | -40.46% |
| 3 Years | -98.51% |
| 5 Years | -99.96% |
| 10 Years | -99.99% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $1.22 | 131,900 |
| 2026-06-17 | $1.19 | 463,400 |
| 2026-06-16 | $1.11 | 149,500 |
| 2026-06-15 | $1.08 | 150,400 |
| 2026-06-12 | $1.01 | 614,700 |
| 2026-06-11 | $1.09 | 1,593,300 |
| 2026-06-10 | $1.07 | 69,900 |
| 2026-06-09 | $1.04 | 198,000 |
| 2026-06-08 | $1.16 | 78,900 |
| 2026-06-05 | $1.12 | 84,200 |
| 2026-06-04 | $1.21 | 101,800 |
| 2026-06-03 | $1.16 | 73,100 |
| 2026-06-02 | $1.15 | 297,700 |
| 2026-06-01 | $1.21 | 271,200 |
| 2026-05-29 | $1.27 | 115,700 |
| 2026-05-28 | $1.31 | 197,200 |
| 2026-05-27 | $1.40 | 196,700 |
| 2026-05-26 | $1.31 | 601,900 |
| 2026-05-22 | $1.41 | 5,236,300 |
| 2026-05-21 | $1.48 | 54,600 |
| 2026-05-20 | $1.52 | 99,100 |
| 2026-05-19 | $1.55 | 54,700 |
About Stablecoin Development Corporat
Stablecoin Development Corporation engages in the accumulation and holding of digital assets for participation in blockchain-based networks. The company focuses on the accumulation, holding, and deployment of SKY, a protocol token of the decentralized Sky Protocol. Its services intend to support protocol-level services, including staking, governance participation, validation, and related activities. The company was formerly known as NovaBay Pharmaceuticals, Inc. and changed its name to Stablecoin Development Corporation in April 2026. Stablecoin Development Corporation was incorporated in 2000 and is headquartered in Emeryville, California.
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $0 | $0 | $10,455,000 | $14,404,000 |
| Operating Revenue | $0 | $0 | $10,455,000 | $14,374,000 |
| Reconciled Cost Of Revenue | - | $3,300,000 | $4,371,000 | $6,623,000 |
| Cost Of Revenue | - | $3,300,000 | $4,371,000 | $6,623,000 |
| Expenses | ||||
| Interest Expense | $277,000 | $904,000 | $1,694,000 | - |
| Total Expenses | $7,585,000 | $7,379,000 | $14,557,000 | $22,084,000 |
| Other Income Expense | $-633,999,000 | $-467,000 | $-349,000 | $-2,928,000 |
| Other Non Operating Income Expenses | $-20,000 | $-581,000 | $-661,000 | $-276,000 |
| Net Non Operating Interest Income Expense | $-277,000 | $-904,000 | $-1,694,000 | - |
| Interest Expense Non Operating | $277,000 | $904,000 | $1,694,000 | - |
| Operating Expense | $7,585,000 | $7,379,000 | $10,186,000 | $15,461,000 |
| General And Administrative Expense | $7,585,000 | $7,379,000 | $5,447,000 | $7,489,000 |
| Selling And Marketing Expense | - | $4,034,000 | $4,705,000 | $7,798,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-641,861,000 | $-8,750,000 | $-6,145,000 | $-10,608,000 |
| Net Interest Income | $-277,000 | $-904,000 | $-1,694,000 | - |
| Normalized Income | $-7,882,000 | $-8,864,000 | $-6,457,000 | $-7,956,000 |
| Net Income From Continuing And Discontinued Operation | $-630,780,000 | $-7,223,000 | $-9,640,000 | $-10,608,000 |
| Total Operating Income As Reported | $-8,439,000 | $-7,379,000 | $-4,102,000 | $-14,417,000 |
| Net Income Common Stockholders | $-630,780,000 | $-8,608,000 | $-16,697,000 | $-16,265,000 |
| Net Income | $-630,780,000 | $-7,223,000 | $-9,640,000 | $-10,608,000 |
| Net Income Including Noncontrolling Interests | $-630,780,000 | $-7,223,000 | $-9,640,000 | $-10,608,000 |
| Net Income Discontinuous Operations | $11,081,000 | $1,527,000 | $-3,495,000 | - |
| Net Income Continuous Operations | $-641,861,000 | $-8,750,000 | $-6,145,000 | $-10,608,000 |
| Pretax Income | $-641,861,000 | $-8,750,000 | $-6,145,000 | $-10,608,000 |
| Special Income Charges | $-854,000 | $0 | $0 | $-6,176,000 |
| Operating Income | $-7,585,000 | $-7,379,000 | $-4,102,000 | $-7,680,000 |
| Gross Profit | - | $6,481,000 | $6,084,000 | $7,781,000 |
| Per Share | ||||
| Diluted EPS | $-541.95 | $-12.68 | $-695.70 | $-1767.50 |
| Basic EPS | $-541.95 | $-12.68 | $-695.70 | $-1767.50 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-7,465,000 | $-7,619,000 | $-4,407,000 | $-4,545,000 |
| Total Unusual Items | $-633,979,000 | $114,000 | $312,000 | $-2,652,000 |
| Total Unusual Items Excluding Goodwill | $-633,979,000 | $114,000 | $312,000 | $-2,652,000 |
| Reconciled Depreciation | $140,000 | $341,000 | $356,000 | $483,000 |
| EBITDA (Bullshit earnings) | $-641,444,000 | $-7,505,000 | $-4,095,000 | $-7,197,000 |
| EBIT | $-641,584,000 | $-7,846,000 | $-4,451,000 | $-7,680,000 |
| Diluted Average Shares | $1,164,000 | $679,000 | $24,000 | $9,200 |
| Basic Average Shares | $1,164,000 | $679,000 | $24,000 | $9,200 |
| Diluted NI Availto Com Stockholders | $-630,780,000 | $-8,608,000 | $-16,697,000 | $-16,265,000 |
| Otherunder Preferred Stock Dividend | $0 | $1,385,000 | $7,057,000 | $5,657,000 |
| Impairment Of Capital Assets | $854,000 | $0 | $2,593,000 | $6,737,000 |
| Gain On Sale Of Security | $-633,125,000 | $114,000 | $312,000 | $3,524,000 |
| Selling General And Administration | $7,585,000 | $7,379,000 | $10,152,000 | $15,287,000 |
| Other Gand A | $7,585,000 | $7,379,000 | $5,447,000 | $7,489,000 |
| Gain On Sale Of Business | - | $-865,000 | $0 | - |
| Other Special Charges | - | $13,000 | - | - |
| Research And Development | - | $42,000 | $34,000 | $174,000 |
| Restructuring And Mergern Acquisition | - | - | $0 | $-561,000 |
| Preferred Stock Dividends | - | - | - | - |
| Tax Provision | - | - | - | - |
Fetched: 2026-06-16
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-631,815,000 | $-129,000 | $3,314,000 | $7,926,000 |
| Total Assets | $9,035,000 | $3,423,000 | $9,034,000 | $16,399,000 |
| Total Non Current Assets | $360,000 | $1,488,000 | $1,880,000 | $5,067,000 |
| Other Non Current Assets | $360,000 | $533,000 | $497,000 | $489,000 |
| Current Assets | $8,675,000 | $1,935,000 | $7,154,000 | $11,332,000 |
| Other Current Assets | $177,000 | $224,000 | $81,000 | $159,000 |
| Assets Held For Sale Current | $0 | $1,233,000 | $2,793,000 | - |
| Current Deferred Assets | $241,000 | $0 | - | - |
| Prepaid Assets | $299,000 | $48,000 | $90,000 | $358,000 |
| Cash Cash Equivalents And Short Term Investments | $7,958,000 | $430,000 | $2,924,000 | $5,362,000 |
| Cash And Cash Equivalents | $7,958,000 | $430,000 | $2,924,000 | $5,362,000 |
| Inventory | - | $765,000 | $501,000 | $3,437,000 |
| Receivables | - | $465,000 | $765,000 | $2,016,000 |
| Other Receivables | - | $76,000 | $85,000 | $43,000 |
| Accounts Receivable | - | $389,000 | $680,000 | $1,973,000 |
| Allowance For Doubtful Accounts Receivable | - | $-3,000 | $-3,000 | $-19,000 |
| Gross Accounts Receivable | - | $392,000 | $683,000 | $1,992,000 |
| Goodwill And Other Intangible Assets | - | - | $0 | $2,628,000 |
| Other Intangible Assets | - | - | - | $2,280,000 |
| Debt | ||||
| Total Debt | $776,000 | $1,672,000 | $2,613,000 | $2,041,000 |
| Long Term Debt And Capital Lease Obligation | $287,000 | $709,000 | $1,108,000 | $1,588,000 |
| Current Debt And Capital Lease Obligation | $489,000 | $963,000 | $1,505,000 | $453,000 |
| Current Debt | $67,000 | $565,000 | $1,137,000 | - |
| Other Current Borrowings | $67,000 | $565,000 | $1,137,000 | - |
| Net Debt | - | $135,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $640,850,000 | $3,552,000 | $5,720,000 | $5,845,000 |
| Total Non Current Liabilities Net Minority Interest | $639,708,000 | $709,000 | $1,442,000 | $1,588,000 |
| Derivative Product Liabilities | $639,071,000 | $0 | $334,000 | $0 |
| Current Liabilities | $1,142,000 | $2,843,000 | $4,278,000 | $4,257,000 |
| Payables And Accrued Expenses | $653,000 | $690,000 | $1,129,000 | $1,997,000 |
| Interest Payable | $58,000 | $37,000 | - | - |
| Payables | $504,000 | $109,000 | $906,000 | $1,080,000 |
| Total Tax Payable | $247,000 | $0 | - | - |
| Accounts Payable | $257,000 | $109,000 | $906,000 | $1,080,000 |
| Other Current Liabilities | - | $1,190,000 | $698,000 | - |
| Current Deferred Liabilities | - | $488,000 | $946,000 | $1,807,000 |
| Other Non Current Liabilities | - | - | $334,000 | - |
| Equity | ||||
| Common Stock Equity | $-631,821,000 | $-135,000 | $1,364,000 | $7,581,000 |
| Preferred Stock Equity | $6,000 | $6,000 | $1,950,000 | $2,973,000 |
| Total Equity Gross Minority Interest | $-631,815,000 | $-129,000 | $3,314,000 | $10,554,000 |
| Stockholders Equity | $-631,815,000 | $-129,000 | $3,314,000 | $10,554,000 |
| Retained Earnings | $-819,054,000 | $-183,457,000 | $-174,849,000 | $-158,152,000 |
| Preferred Securities Outside Stock Equity | $350,000 | $0 | - | - |
| Other | ||||
| Ordinary Shares Number | $25,216,000 | $977,138 | $64,172 | $11,628 |
| Share Issued | $25,216,000 | $977,138 | $64,172 | $11,628 |
| Tangible Book Value | $-631,821,000 | $-135,000 | $1,364,000 | $4,953,000 |
| Invested Capital | $-631,754,000 | $430,000 | $2,501,000 | $7,581,000 |
| Working Capital | $7,533,000 | $-908,000 | $2,876,000 | $7,075,000 |
| Capital Lease Obligations | $709,000 | $1,107,000 | $1,476,000 | $2,041,000 |
| Total Capitalization | $-631,815,000 | $-129,000 | $3,314,000 | $10,554,000 |
| Additional Paid In Capital | $186,981,000 | $183,312,000 | $176,210,000 | $165,713,000 |
| Capital Stock | $258,000 | $16,000 | $1,953,000 | $2,993,000 |
| Common Stock | $252,000 | $10,000 | $3,000 | $20,000 |
| Preferred Stock | $6,000 | $6,000 | $1,950,000 | $2,973,000 |
| Long Term Capital Lease Obligation | $287,000 | $709,000 | $1,108,000 | $1,588,000 |
| Current Capital Lease Obligation | $422,000 | $398,000 | $368,000 | $453,000 |
| Current Accrued Expenses | $149,000 | $581,000 | $223,000 | $917,000 |
| Net PPE | $0 | $955,000 | $1,383,000 | $1,950,000 |
| Gross PPE | $0 | $955,000 | $2,056,000 | $2,572,000 |
| Buildings And Improvements | $0 | $955,000 | $1,296,000 | $1,831,000 |
| Properties | $0 | $0 | $0 | $0 |
| Current Deferred Revenue | - | $488,000 | $946,000 | $1,807,000 |
| Accumulated Depreciation | - | $-689,000 | $-673,000 | $-622,000 |
| Leases | - | $152,000 | $152,000 | $152,000 |
| Machinery Furniture Equipment | - | $590,000 | $608,000 | $589,000 |
| Inventories Adjustments Allowances | - | $-106,000 | $-264,000 | $-499,000 |
| Other Inventories | - | $-48,000 | $-2,346,000 | - |
| Finished Goods | - | $792,000 | $2,168,000 | $2,663,000 |
| Raw Materials | - | $127,000 | $943,000 | $1,273,000 |
| Goodwill | - | - | $0 | $348,000 |
| Line Of Credit | - | - | - | $0 |
| Other Properties | - | - | - | $1,831,000 |
Fetched: 2026-06-16
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-8,430,000 | $-7,497,000 | $-4,280,000 | $-6,766,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-8,430,000 | $-7,497,000 | $-4,261,000 | $-6,654,000 |
| Cash Flow From Continuing Operating Activities | $-8,430,000 | $-7,497,000 | $-4,261,000 | $-6,654,000 |
| Operating Gains Losses | $633,125,000 | $-14,000 | $-20,000 | $-3,524,000 |
| Investing Activities | ||||
| Capital Expenditure | - | $-6,000 | $-19,000 | $-112,000 |
| Investing Cash Flow | - | $1,064,000 | $-19,000 | $-112,000 |
| Cash Flow From Continuing Investing Activities | - | $1,064,000 | $-19,000 | $-112,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-175,000 | $0 | - | - |
| Issuance Of Capital Stock | $5,835,000 | $2,858,000 | $0 | $3,035,000 |
| Financing Cash Flow | $4,615,000 | $1,499,000 | $1,910,000 | $4,633,000 |
| Cash Flow From Continuing Financing Activities | $4,615,000 | $1,499,000 | $1,910,000 | $4,633,000 |
| Cash Dividends Paid | $-4,817,000 | $0 | - | - |
| Common Stock Dividend Paid | $-4,817,000 | $0 | - | - |
| Net Preferred Stock Issuance | $3,611,000 | $0 | $0 | $3,035,000 |
| Preferred Stock Issuance | $3,786,000 | $0 | $0 | $3,035,000 |
| Net Common Stock Issuance | $2,049,000 | $2,858,000 | $0 | $0 |
| Common Stock Issuance | $2,049,000 | $2,858,000 | $0 | $0 |
| Net Other Financing Charges | - | $-115,000 | $-181,000 | - |
| Other | ||||
| Repayment Of Debt | $-2,501,000 | $-1,991,000 | $-1,474,000 | $-105,000 |
| Issuance Of Debt | $0 | $500,000 | $3,000,000 | $0 |
| Interest Paid Supplemental Data | $8,000 | $130,000 | $189,000 | $17,000 |
| End Cash Position | $8,225,000 | $907,000 | $3,400,000 | $5,846,000 |
| Beginning Cash Position | $907,000 | $3,606,000 | $5,846,000 | $7,979,000 |
| Changes In Cash | $7,318,000 | $-2,699,000 | $-2,743,000 | $-2,133,000 |
| Cash Flow From Discontinued Operation | $11,133,000 | $3,299,000 | $-373,000 | - |
| Proceeds From Stock Option Exercised | $6,273,000 | $247,000 | $565,000 | $1,703,000 |
| Preferred Stock Payments | $-175,000 | $0 | - | - |
| Net Issuance Payments Of Debt | $-2,501,000 | $-1,491,000 | $1,526,000 | $-105,000 |
| Net Short Term Debt Issuance | $0 | $-1,491,000 | $1,526,000 | $-105,000 |
| Short Term Debt Payments | $0 | $-1,991,000 | $-1,474,000 | $-105,000 |
| Short Term Debt Issuance | $0 | $500,000 | $3,000,000 | $0 |
| Net Long Term Debt Issuance | $-2,501,000 | $0 | - | - |
| Long Term Debt Payments | $-2,501,000 | $0 | - | - |
| Change In Working Capital | $-965,000 | $-463,000 | $-433,000 | $533,000 |
| Change In Other Current Liabilities | $-398,000 | $-369,000 | $-319,000 | $1,595,000 |
| Change In Other Current Assets | $-85,000 | $28,000 | $-6,000 | $-1,425,000 |
| Change In Payables And Accrued Expense | $-37,000 | $-57,000 | $-1,127,000 | $667,000 |
| Change In Payable | $-37,000 | $-57,000 | $-1,127,000 | $667,000 |
| Change In Account Payable | $-37,000 | $-57,000 | $-1,127,000 | $667,000 |
| Change In Prepaid Assets | $-445,000 | $-65,000 | $11,000 | $218,000 |
| Other Non Cash Items | $248,000 | $1,241,000 | $1,286,000 | $-561,000 |
| Stock Based Compensation | $29,000 | $148,000 | $291,000 | $220,000 |
| Asset Impairment Charge | $854,000 | $0 | $2,595,000 | $6,803,000 |
| Depreciation Amortization Depletion | $140,000 | $341,000 | $356,000 | $483,000 |
| Depreciation And Amortization | $140,000 | $341,000 | $356,000 | $483,000 |
| Depreciation | $140,000 | $341,000 | $356,000 | $120,000 |
| Gain Loss On Investment Securities | $633,125,000 | $-27,000 | $-20,000 | $-3,524,000 |
| Net Income From Continuing Operations | $-641,861,000 | $-8,750,000 | $-5,741,000 | $-10,608,000 |
| Other Cash Adjustment Outside Changein Cash | - | $126,000 | $297,000 | - |
| Net Business Purchase And Sale | - | $1,070,000 | $0 | $0 |
| Sale Of Business | - | $1,070,000 | $0 | - |
| Net PPE Purchase And Sale | - | $-6,000 | $-19,000 | $-112,000 |
| Purchase Of PPE | - | $-6,000 | $-19,000 | $-112,000 |
| Change In Inventory | - | $-272,000 | $162,000 | $-217,000 |
| Change In Receivables | - | $291,000 | $846,000 | $-305,000 |
| Changes In Account Receivables | - | $291,000 | $846,000 | $-305,000 |
| Gain Loss On Sale Of Business | - | $865,000 | $0 | - |
| Income Tax Paid Supplemental Data | - | - | $359,000 | $24,000 |
| Amortization Cash Flow | - | - | $152,000 | $363,000 |
| Amortization Of Intangibles | - | - | $152,000 | $363,000 |
| Purchase Of Business | - | - | - | $0 |
| Long Term Debt Issuance | - | - | - | - |
| Gain Loss On Sale Of PPE | - | - | - | - |
Fetched: 2026-06-16