FY2025 · ended Dec 31, 2025 · Revenue $6.55M · Filed Apr 1, 2026
Forum Markets, Incorporated (FRMM) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $6.5 million and a net loss of $450.5 million. Free cash flow was -$270.3 million. As of Jun 30, 2026 it held $92.0 million in cash and investments and $17.2 million in total debt.
Revenue
$6.55M
Net income (TTM)
$-535.51M
-3010.2% vs year-ago TTM
Operating cash flow (TTM)
$-56.56M
-1641.5% vs year-ago TTM
Free cash flow
$-270.33M
EPS (TTM)
$-30.44
-108.8% vs year-ago TTM
Dividend per share
$10.30
Shares outstanding
20.31M
+291.7% vs prior year
Net cash
$74.83M
as of Jun 30, 2026
Operating margin
-3565.8%
FY 2025
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- FRMM (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- Palm Beach, FL
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1690080
- Former names
- ETHZilla Corp (until Feb 20, 2026); 180 Life Sciences Corp. (until Aug 14, 2025); KBL MERGER CORP. IV (until Nov 6, 2020)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.5M | — | — | — | — |
| Operating income | -$233.4M | -$4.4M | -$13.5M | -$17.9M | -$15.6M |
| Net income | -$450.5M | -$14.2M | -$19.9M | -$38.7M | -$20.3M |
| Diluted EPS | -$54.32 | -$28.56 | -$52.59 | -$387.18 | — |
| Operating cash flow | -$26.1M | -$1.2M | -$10.9M | -$12.1M | -$19.4M |
| Free cash flow | -$270.3M | — | — | — | — |
| Total assets | $306.3M | $12.8M | $5.3M | $19.7M | $62.7M |
| Total liabilities | $66.9M | $3.5M | $5.4M | $8.3M | $23.4M |
| Stockholders' equity | $239.4M | $9.3M | -$127,000 | $11.3M | $39.3M |
| Cash and investments | $16.8M | — | — | — | — |
| Total debt | — | $12,986 | — | — | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Oct 26, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Regulation FD disclosure, Other events
|
Oct 5, 2026 | Oct 2, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 21, 2026 | Aug 19, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Aug 19, 2026 | Aug 19, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement
|
Jul 30, 2026 | Jul 27, 2026 |
All 762 Forum Markets, Incorporated SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.