Stablecoin Development Corporation
AMEX: SDEV · FINANCIAL SERVICES · ASSET MANAGEMENT
Updated 2026-06-02
Stablecoin Development Corporation (SDEV) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $11.87M | $23.92M | $13.97M | $17.52M | $15.52M | $15.96M | $19.23M | $15.65M | $7.54M | $5.08M | $15.38M | $10.08M | $9.36M | $11.22M | $48.24M | $23.98M | $16.40M | $50.42M | $45.91M | $10.65M |
| Cash & equivalents | $4.90M | $10.94M | $12.10M | $10.99M | $11.53M | $8.43M | $12.73M | $10.50M | $5.43M | $2.38M | $9.51M | $3.20M | $3.18M | $6.94M | $11.95M | $7.50M | $5.36M | $2.92M | $430000.00 | $7.96M |
| Current assets | $11.31M | $22.77M | $12.51M | $15.61M | $13.75M | $14.56M | $18.28M | $14.79M | $6.95M | $4.53M | $14.47M | $8.99M | $8.61M | $9.38M | $14.24M | $13.17M | $11.33M | $7.15M | $1.94M | $8.43M |
| Total liabilities | $10.05M | $9.60M | $6.62M | $4.18M | $5.03M | $6.62M | $5.19M | $7.13M | $5.69M | $10.18M | $8.28M | $7.49M | $4.41M | $10.25M | $35.92M | $13.81M | $5.84M | $47.10M | $46.03M | $33.47M |
| Current liabilities | $3.39M | $4.58M | $4.48M | $4.04M | $2.72M | $2.84M | $3.17M | $3.63M | $3.35M | $4.63M | $4.32M | $4.98M | $3.85M | $5.69M | $2.83M | $3.44M | $4.26M | $4.28M | $2.84M | $1.14M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Shareholder equity | $1.81M | $14.32M | $7.34M | $13.35M | $10.49M | $9.34M | $14.05M | $8.52M | $1.85M | $-5.10M | $7.10M | $2.59M | $4.95M | $973000.00 | $12.32M | $10.17M | $10.55M | $3.31M | $-129000.00 | $-22.83M |
| Retained earnings | $-13.07M | $-18.47M | $-26.59M | $-23.89M | $-28.20M | $-33.28M | $-40.31M | $-56.35M | $-71.55M | $-90.52M | $-103.67M | $-111.07M | $-114.98M | $-125.02M | $-136.06M | $-141.89M | $-158.15M | $-174.85M | $-183.46M | $-210.41M |
| Accounts receivable | — | — | — | $3.80M | $500000.00 | $3000.00 | $943000.00 | $784000.00 | $273000.00 | $536000.00 | $2.12M | $3.71M | $3.49M | $1.07M | $1.11M | $1.67M | $1.97M | $680000.00 | $389000.00 | — |
| Inventory | — | — | — | — | — | — | $23000.00 | $231000.00 | $521000.00 | $1.34M | $873000.00 | $504000.00 | $280000.00 | $492000.00 | $608000.00 | $3.22M | $3.44M | $501000.00 | $765000.00 | — |
| Goodwill | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $4.53M | $348000.00 | $0.00 | — | — |
Frequently asked questions
What is Stablecoin Development Corporation's revenue?
Stablecoin Development Corporation's trailing twelve-month revenue is $25.14M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How much free cash flow does SDEV generate?
SDEV produced $-8.43M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is SDEV's balance sheet healthy?
SDEV holds $7.96M in cash and equivalents against — in long-term debt, on $-22.83M of shareholder equity. That debt is best read against the cash flow the business throws off each year.