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 | $87.1K | $452.7K | $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.
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| BMNR | BITMINE IMMERSION TECHNOLOGIES, INC. | $15.06B | 1.9x | 84.1% |