EDGM Edgemode, Inc.

Overview and Growth

Fiscal 2025 results for Edgemode, Inc. combined $0.00 of revenue with net loss of $24.63M and an operating cash outflow of $825.71K. On a per-share basis, diluted EPS was -$0.01, which connects the reported earnings outcome with the company’s diluted share count. Diluted shares averaged 1.95B; this is the reported share base over which the company’s diluted per-share earnings were spread. Diluted shares moved 398.7% from 390.69M in fiscal 2024, leaving the current share base higher year over year. At period end, total assets were $1.28M, framing the scale of the company’s operating and financing commitments.

Profitability

Gross profit was $0.00, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The company recorded an operating loss of $37.27M after the reported operating expense base. The company ended the period with a net loss of $24.63M, extending the operating result through all remaining items. EBITDA was negative $36.97M, showing a deficit before interest, taxes, depreciation, and amortization. The pretax result was a loss of $24.63M, establishing the deficit before tax effects. The company recognized $0.00 of income tax for the period, completing the transition from pretax income to net income. Compared with a $1.59M net loss in fiscal 2024, the current loss increased to $24.63M.

Liquidity and Capital Structure

At period end, the $1.28M asset base was financed through $20.08M of liabilities and -$18.81M of equity. Equity was negative at -$18.81M, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. The near-term balance sheet paired $267.16K of current assets with $19.86M of current liabilities at the reporting date. At 0.01x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $248.37K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 1.3%, excluding receivables and other current assets. The cash-to-assets relationship was 19.5%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities used $825.71K of cash, resulting in an operating cash outflow for the year. The company spent $47.92K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Operating cash flow and capital spending combined to leave a $873.63K cash deficit after capital spending. The cash deficit after capital spending represented 68.5% of the period-end asset base. Operating cash flow moved from a $17.68K inflow in fiscal 2024 to a $825.71K outflow.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.