FY2025 · ended Dec 31, 2025 · Revenue $12.78M, +1327.8% YoY · Filed Mar 31, 2026
Ton Strategy Company (TONX) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $12.8 million and a net loss of $148.5 million. Free cash flow was -$20.9 million. As of Jun 30, 2026 it held $30.1 million in cash and investments and $122,000 in total debt.
Revenue (TTM)
$27.37M
+539.7% vs year-ago TTM
Net income (TTM)
$-157.83M
-1463.7% vs year-ago TTM
Operating cash flow
$-20.77M
-7.0% vs prior year
Free cash flow
$-20.86M
-7.4% vs prior year
EPS (TTM)
$-2.98
+72.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
56.53M
+4978.5% vs prior year
Net cash
$30.02M
as of Jun 30, 2026
Operating margin
-136.9%
FY 2026
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- TONX (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Las Vegas, NV
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1566610
- Former names
- Verb Technology Company, Inc. (until Aug 29, 2025); nFusz, Inc. (until Jan 16, 2019); BBOOTH, INC. (until Apr 24, 2017); Global System Designs, Inc. (until Oct 2, 2014)
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 | $12.8M | $895,000 | $63,000 | $8,000 | $10.5M |
| Operating income | -$36.4M | -$11.6M | -$13.8M | -$18.9M | -$33.7M |
| Net income | -$148.5M | -$10.3M | -$22.0M | -$37.4M | -$34.5M |
| Diluted EPS | -$5.96 | -$19.36 | -$441.48 | — | — |
| Operating cash flow | -$20.8M | — | — | -$19.4M | -$25.9M |
| Free cash flow | -$20.9M | — | — | -$19.4M | -$25.9M |
| Total assets | $411.2M | $20.6M | $10.8M | $24.5M | $34.4M |
| Total liabilities | $4.8M | $4.6M | $7.7M | $19.3M | $21.1M |
| Stockholders' equity | $406.5M | $16.2M | $3.1M | $5.2M | $13.3M |
| Cash and investments | $41.1M | $12.5M | — | $2.4M | $937,000 |
| Total debt | $209,000 | $346,000 | $6.1M | $1.9M | $7.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Sep 16, 2026 | Sep 16, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 17, 2026 | Aug 17, 2026 |
| 10-Q | Quarterly report | Aug 11, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Agreement ended
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jul 1, 2026 | Jul 1, 2026 |
All 669 Ton Strategy Company SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.