Microcap Ledger

Tickers · $DFDV

DeFi Development Corp. $DFDV

By Microcap Ledger desk · CIK 0001805526

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Finance Services
Headquarters
Boca Raton, FL
Fiscal year end
December 31
Shares outstanding
30,997,790 [10-Q 2026-08-13]
as of 2026-08-13

Sources: [10-K 2026-03-30]

What the company doesAI summary of filing

DeFi Development Corp. is a publicly traded company with two operating segments. The Digital Asset Treasury segment acquires, holds, and manages Solana (SOL) and SOL-related digital assets, generating revenue through staking rewards from delegating SOL to external validators and from operating owned Solana validators. The Real Estate Platform segment operates a commercial real estate technology platform that connects borrowers seeking debt for commercial property purchases or refinancing to institutional lenders including banks, credit unions, REITs, and debt funds, generating revenue from platform referral and advisory fees and from a subscription-based SaaS offering for real estate equity fundraising. The company is revenue-generating in both segments. [10-K 2026-03-30]

Segments: Digital Asset Treasury, Real Estate Platform

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$5.98M−$110.68M −$14.11M$4.33M[10-Q 2026-08-13]
FY ended Dec 2025$11.39M−$73.79M −$17.97M$5.92M[10-K 2026-03-30]
FY ended Dec 2024$2.10M−$2.73M −$2.42M$2.50M[10-K 2025-03-27]
Quarterly cash burn
−$7.05M
Cash runway Estimate
~1.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2025-03-162,066,711[10-K/A 2025-05-16]
2025-03-271,428,464[10-K 2025-03-27]
2025-05-142,066,711[10-Q 2025-05-14]
2025-08-1421,045,049[10-Q 2025-08-14]
2025-11-1931,401,212[10-Q 2025-11-19]
2026-03-3029,497,394[10-K 2026-03-30]
2026-05-1930,118,205[10-Q 2026-05-19]
2026-08-1330,997,790[10-Q 2026-08-13]
Shelf registration
S-3 filed 2026-04-17; declared effective 2026-04-27 [S-3 2026-04-17]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-10-07White Parkerother333,841—[4 2026-10-09]
2026-10-07White Parkerother333,841—[4 2026-10-09]
2026-10-07Onorati Joseph Marioother271,043—[4 2026-10-09]
2026-10-07Onorati Joseph Marioother271,043—[4 2026-10-09]
2026-09-25White Parkerbuy538$8.90[4 2026-09-25]
2026-09-24White Parkerbuy9,462$8.96[4 2026-09-25]
2026-09-22Kang Danielbuy6,900$8.84[4 2026-09-23]
2026-09-22Kang Danielbuy3,540$8.81[4 2026-09-23]
2026-09-17Han Feiother2,803$5.00[4 2026-09-18]
2026-08-21White Parkerbuy5,069$3.93[4 2026-08-24]
2026-08-21White Parkerbuy5,000$3.88[4 2026-08-24]
2026-08-20Kang Danielbuy11,000$3.88[4 2026-08-21]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-10-058-KResults of operations; Other events
2026-09-288-KOther events
2026-09-218-KOther events
2026-09-168-KOther events
2026-09-148-KOther events
2026-09-118-KMaterial agreement entered; Charter, bylaws or fiscal year change
2026-09-11424B5Prospectus or prospectus supplement
2026-09-088-KMaterial agreement entered; Change to security holder rights; Charter, bylaws or fiscal year change
2026-09-08424B5Prospectus or prospectus supplement
2026-09-018-KOther events
2026-08-31424B5Prospectus or prospectus supplement
2026-08-278-KOther events

Facts as of . Small caps move fast; check the latest filings.