{ "name": "DeFi Development Corp.", "legal_name": "DeFi Development Corp.", "ticker": "DFDV", "tickers": [ "DFDV", "CHAD", "DFDVW", "DFUKF" ], "cik": "0001805526", "page_url": "https://steadybase.io/company/defi-development-corp/", "markdown_url": "https://steadybase.io/company/defi-development-corp.md", "json_url": "https://steadybase.io/company/defi-development-corp.json", "as_of": "2026-11-11", "last_filed": "2026-08-13", "industry": { "sic": "6199", "description": "Finance Services" }, "headquarters": { "city": "Boca Raton", "state": "FL", "country": "US" }, "exchanges": [ "Nasdaq", "Nasdaq", "Nasdaq", "OTC" ], "fiscal_year_end": "December 31", "filer_category": "
Emerging growth company", "state_of_incorporation": "NV", "website": "dfdv.com", "investor_relations_url": "https://defidevcorp.com/investor", "linkedin_company_url": "https://www.linkedin.com/company/defi-development-corporation", "summary": { "text": "DeFi Development Corp. (\"we,\" \"our,\" \"DeFi Dev,\" \"us,\" or the \"Company\") is a publicly traded company focused on building and managing a digital asset treasury strategy centered on the Solana blockchain ecosystem. We also provide an artificial intelligence (“AI”) platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings, to commercial property lenders.", "section": "Item 1. Business", "period_end": "2025-12-31", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, "key_facts": [ { "key": "revenue", "label": "Revenue", "value": 11386000, "unit": "USD", "period_start": "2025-01-01", "period_end": "2025-12-31", "basis": "filing_fact", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html", "text": "Revenue: $11.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026)." }, { "key": "operating_income", "label": "Operating income", "value": -36398000, "unit": "USD", "period_start": "2025-01-01", "period_end": "2025-12-31", "basis": "filing_fact", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html", "text": "Operating income: -$36.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026)." }, { "key": "net_income", "label": "Net income", "value": -73788000, "unit": "USD", "period_start": "2025-01-01", "period_end": "2025-12-31", "basis": "filing_fact", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html", "text": "Net income: -$73.8M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026)." }, { "key": "sga", "label": "SG&A", "value": 16575000, "unit": "USD", "period_start": "2025-01-01", "period_end": "2025-12-31", "basis": "derived", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html", "text": "SG&A: $16.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026)." }, { "key": "employees", "label": "Employees", "value": 16, "unit": "people", "period_end": "2025-12-31", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm", "text": "Employees: 16 as of Dec 31, 2025, as reported in an SEC filing." }, { "key": "shares_outstanding", "label": "Shares outstanding", "value": 30997790, "unit": "shares", "period_end": "2026-08-13", "form": "10-Q", "filed": "2026-08-13", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000055/0001805526-26-000055-index.html", "text": "Shares outstanding: 30,997,790 as of Aug 13, 2026 (10-Q filed Aug 13, 2026)." }, { "key": "auditor", "label": "Auditor", "value": "Wolf & Company, P.C.", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm", "text": "Auditor: Wolf & Company, P.C., Boston, Massachusetts, named in the latest 10-K." } ], "metrics": { "revenue": [ { "period_start": "2025-01-01", "period_end": "2025-12-31", "value": 11386000, "unit": "USD", "basis": "filing_fact", "form": "10-K", "filed": "2026-03-30", 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"2022-12-31", "value": -1261675, "unit": "USD", "basis": "filing_fact", "form": "10-K", "filed": "2024-03-28", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000157587224000295/0001575872-24-000295-index.html" } ], "sga": [ { "period_start": "2025-01-01", "period_end": "2025-12-31", "value": 16575000, "unit": "USD", "basis": "derived", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html" }, { "period_start": "2024-01-01", "period_end": "2024-12-31", "value": 4109000, "unit": "USD", "basis": "derived", "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html" }, { "period_start": "2023-01-01", "period_end": "2023-12-31", "value": 4615004, "unit": "USD", "basis": "derived", "form": "10-K", "filed": "2025-03-27", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000101376225003260/0001013762-25-003260-index.html" }, { "period_start": "2022-01-01", "period_end": "2022-12-31", "value": 3444504, "unit": "USD", "basis": "derived", "form": "10-K", "filed": "2024-03-28", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000157587224000295/0001575872-24-000295-index.html" } ] }, "next_earnings": { "date": "2026-11-12", "confidence": "medium", "webcast_url": "https://wsw.com/webcast/needham148/defid/2391396" }, "people": [ { "name": "Joseph Mario Onorati", "title": "CEO and Chairman", "role": "both", "linkedin_url": null, "form": "4", "filed": "2026-04-02", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520826004185/0001225208-26-004185-index.htm" }, { "name": "Fei Han", "title": "Chief Financial Officer", "role": "officer", "linkedin_url": null, "form": "4", "filed": "2026-09-18", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520826007889/0001225208-26-007889-index.htm" }, { "name": "Fei (John) Han", "title": "Chief Financial Officer", "role": "officer", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "name": "Parker White", "title": "Chief Operating Officer and Chief Investment Officer", "role": "officer", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "name": "Daniel Kang", "title": "Chief Strategy Officer", "role": "officer", "linkedin_url": null, "form": "4", "filed": "2026-09-23", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000208792526000006/0002087925-26-000006-index.htm" }, { "name": "Hadley Stern", "title": "Director", "role": "director", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "name": "Thomas Perfumo", "title": "Director", "role": "director", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "name": "William Caragol", "title": "Director", "role": "director", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "name": "Zachary Tai", "title": "Director", "role": "director", "linkedin_url": null, "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" } ], "events_8k": [ { "filed": "2026-11-09", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", 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"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000140/dfdv-20261021.htm" }, { "filed": "2026-10-19", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000134/dfdv-20261019.htm" }, { "filed": "2026-10-15", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000132/dfdv-20261014.htm" }, { "filed": "2026-10-13", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000127/dfdv-20261012.htm" }, { "filed": "2026-10-05", "items": [ { "item": "2.02", "label": "Results of operations and financial condition (earnings release)", "signal": "earnings" }, { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-20261005.htm" }, { "filed": "2026-09-28", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000119/dfdv-20260928.htm" }, { "filed": "2026-09-21", "items": [ { "item": "8.01", "label": "Other events", "signal": "other" }, { "item": "9.01", "label": "Financial statements and exhibits", "signal": "exhibits" } ], "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000109/dfdv-20260921.htm" } ], "insider_trades": [ { "owner": "Daniel Kang", "role": "Chief Strategy Officer", "action": "bought", "code": "P", "shares": 10440, "value_usd": 92183, "date": "2026-09-22", "filed": "2026-09-23", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000208792526000006/0002087925-26-000006-index.htm" }, { "owner": "Daniel Kang", "role": "Chief Strategy Officer", "action": "bought", "code": "P", "shares": 11000, "value_usd": 42680, "date": "2026-08-20", "filed": "2026-08-21", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520826007275/0001225208-26-007275-index.htm" }, { "owner": "Daniel Kang", "role": "Chief Strategy Officer", "action": "bought", "code": "P", "shares": 13000, "value_usd": 37830, "date": "2026-08-14", "filed": "2026-08-17", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520826007140/0001225208-26-007140-index.htm" }, { "owner": "Parker White", "role": "COO, CHIEF INVESTMENT OFFICER", "action": "bought", "code": "P", "shares": 17760, "value_usd": 102298, "date": "2025-12-10", "filed": "2025-12-11", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000119312525316435/0001193125-25-316435-index.htm" }, { "owner": "Daniel Kang", "role": "Chief Strategy Officer", "action": "bought", "code": "P", "shares": 4200, "value_usd": 28980, "date": "2025-11-25", "filed": "2025-11-25", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520825009463/0001225208-25-009463-index.htm" }, { "owner": "Parker White", "role": "COO & Chief Investment Officer", "action": "bought", "code": "P", "shares": 10044, "value_usd": 69424, "date": "2025-11-25", "filed": "2025-11-25", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000122520825009461/0001225208-25-009461-index.htm" } ], "quotes": [ { "text": "The DFDV ship is flying at lightning speed. We have continued buying SOL and have grown our treasury by 11% since August 12", "speaker": "Joseph Onorati", "title": "Chief Executive Officer of DeFi Development Corp", "form": "8-K", "filed": "2026-10-05", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-exx991_10526.htm" }, { "text": "CHAD is fuel for the DFDV engine and central to our next phase of growth", "speaker": "Joseph Onorati", "title": "Chief Executive Officer of DeFi Development Corp", "form": "8-K", "filed": "2026-10-05", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-exx991_10526.htm" } ], "latest_filings": [ { "form": "8-K", "filed": "2026-11-02", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000147/dfdv-20261102.htm" }, { "form": "10-K", "filed": "2026-03-30", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm" }, { "form": "10-Q", "filed": "2026-08-13", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000055/dfdv-20260630.htm" }, { "form": "DEF 14A", "filed": "2025-11-05", "source_url": "https://www.sec.gov/Archives/edgar/data/1805526/000121390025106441/ea0261744-02.htm" } ], "source": "SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from." }