Canton Strategic Holdings, Inc. CNTN
are the first publicly traded company to leverage Canton Coin ("CC") and support the Canton Network to advance institutional
blockchain adoption and the digitization of financial markets. In addition to driving value through activities on the Canton Network,
we also operate clinical-stage biotech research and development programs.
2022 through late-2025, we primarily operated as a biotechnology company, developing therapeutic candidates in inflammatory and
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| R&D | $3.1M | $6.4M | $3.6M | $2.3M | $1.8M | $847.3K | — |
| SG&A | $17.0M | $6.0M | $5.9M | $4.6M | $1.4M | $671.9K | — |
| Total operating expenses | $20.1M | $12.4M | $9.5M | $6.9M | $3.2M | $1.8M | — |
| Operating income | -$20.1M | -$12.4M | -$9.5M | -$6.9M | -$3.2M | -$1.8M | — |
| Interest expense | $28.3K | $13.7K | $16.5K | $1.6M | $831.3K | $246.5K | — |
| Pre-tax income | -$42.1M | -$12.2M | -$9.3M | -$8.5M | — | — | — |
| Income tax | $6.2M | — | $0 | $0 | — | — | — |
| Net income | -$35.9M | -$12.2M | -$9.3M | -$8.5M | -$2.2M | -$2.4M | — |
| EPS, basic | -1.12 | -9.41 | -107.02 | -18.72 | -0.35 | — | — |
| EPS, diluted | -1.12 | -9.41 | -107.02 | -18.72 | -0.35 | -0.38 | — |
| Shares, diluted (wtd. avg.) | 32.0M | 1.3M | 87,079 | 452,686 | 6.4M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $17.0M | $3.6M | $10.9M | $6.5M | — | — | — |
| Total current assets | $17.4M | $3.7M | $10.9M | $6.7M | $621.7K | $294.8K | — |
| Total assets | $519.1M | $3.7M | $10.9M | $6.7M | $621.7K | $294.8K | — |
| Accounts payable | $1.1M | $1.1M | $908.6K | $954.5K | $1.5M | $514.8K | — |
| Total current liabilities | $3.3M | $2.4M | $1.8M | $1.1M | $4.5M | $2.7M | — |
| Total liabilities | $121.2M | $2.4M | $1.8M | $1.1M | $5.3M | $4.0M | — |
| Retained earnings | -$72.8M | -$36.9M | -$24.7M | -$15.4M | -$6.9M | -$4.7M | — |
| Total equity | $397.9M | $1.3M | $9.1M | $5.5M | -$4.7M | -$3.7M | -$1.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$16.1M | -$10.9M | -$7.3M | -$6.6M | -$1.1M | -$1.1M | — |
| Stock-based compensation | $2.9M | $710.3K | $831.9K | $800.7K | $1.2M | $234.6K | — |
| Investing cash flow | -$77.6M | — | — | — | — | — | — |
| Financing cash flow | $107.2M | $3.5M | $11.7M | $13.1M | $898.7K | $1.2M | — |
| Buybacks | — | — | — | $70.0K | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-013861.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Net income | — | -$2.4M | -$2.2M | -$8.5M | -$9.3M | -$12.2M | -$35.9M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Other event Item 8.01
- Material agreement signed Item 1.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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