Stablecoin Development (SDEV) Balance Sheet: Assets & Liabilities

Stablecoin Development (SDEV) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Stablecoin Development reported total assets of $10.65M and total liabilities of $33.47M. Shareholders' equity was negative at −$22.83M, meaning liabilities exceed assets. Total debt stood at $776.00K against $7.96M in cash and short-term investments, a net cash position of $7.18M.

Stablecoin Development Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Stablecoin Development Corporation (SDEV) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	7.96	0.43	2.92	5.36	7.50	11.95	6.94	3.18	3.20
Cash & Short-Term Investments	7.96	0.43	2.92	5.36	7.50	11.95	6.94	3.18	3.20
Accounts Receivable	0.00	0.39	0.68	1.97	1.67	1.11	1.07	3.49	3.72
Inventory	0.00	0.77	0.50	3.65	3.22	0.61	0.49	0.28	0.50
Other Current Assets	0.48	0.22	3.05	0.19	0.78	0.58	0.89	1.65	1.58
Total Current Assets	8.43	1.94	7.15	11.33	13.17	14.24	9.38	8.61	9.00
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.96	1.38	1.95	0.60	0.52	1.36	0.20	0.47
Long-Term Investments	0.27	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.00
Goodwill	0.00	0.00	0.00	0.35	4.53	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	2.28	5.20	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.33	0.53	0.02	0.49	0.00	0.00	0.00	0.08	0.61
Total Non-Current Assets	2.21	1.49	43.27	5.07	10.81	34.00	1.84	0.75	1.08
Total Assets	10.65	3.42	50.42	16.40	23.98	48.24	11.22	9.36	10.08
Current Liabilities
Accounts Payable	0.26	0.11	0.91	1.08	1.04	0.30	0.33	0.55	0.47
Short-Term Debt	0.49	0.57	1.51	0.45	0.31	0.42	3.54	0.00	0.00
Accrued Liabilities	0.15	0.58	1.17	0.92	0.80	-	-	-	-
Deferred Revenue	0.00	0.49	0.95	1.81	1.29	0.00	0.00	0.14	2.84
Other Current Liabilities	0.40	1.19	0.92	0.92	0.80	2.12	1.82	3.15	1.67
Total Current Liabilities	1.14	2.84	4.28	4.26	3.44	2.83	5.69	3.85	4.98
Non-Current Liabilities
Long-Term Debt	0.29	0.71	1.11	1.59	0.25	0.09	0.51	0.00	0.00
Deferred Tax Liabilities	1.61	42.48	41.39	0.00	0.00	33.01	0.00	0.00	0.00
Other Non-Current Liabilities	30.43	0.00	0.33	0.00	10.12	0.00	4.06	0.56	1.97
Total Non-Current Liabilities	32.33	0.71	42.83	1.59	10.37	33.09	4.56	0.56	2.51
Total Liabilities	33.47	3.55	47.11	5.85	13.81	35.93	10.25	4.41	7.49
Stockholders' Equity
Common Stock	0.25	0.01	0.00	0.02	0.48	0.42	0.28	0.17	0.15
Retained Earnings	-210.42	-183.46	-174.85	-158.15	-141.89	-136.06	-125.02	-114.98	-111.07
Additional Paid-in Capital	186.98	183.31	176.21	165.71	150.90	147.96	125.72	119.76	113.51
Shares Outstanding	25.22	0.98	0.06	0.01	-	-	-	-	-
Total Stockholders' Equity	-22.83	-0.13	3.31	10.55	10.17	12.32	0.97	4.95	2.59
Total Liabilities & Equity	10.65	3.42	50.42	16.40	23.98	48.24	11.22	9.36	10.08

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Stablecoin Development Balance Sheet

How much debt does Stablecoin Development have?

Stablecoin Development had total debt of $776.00K as of Dec 31, 2025, against $7.96M in cash and short-term investments. Total debt was $1.27M a year earlier.

What are Stablecoin Development's total assets?

Stablecoin Development reported total assets of $10.65M as of Dec 31, 2025, up 211.0% from $3.42M a year earlier. Total liabilities were $33.47M.

What is Stablecoin Development's shareholders' equity?

Stablecoin Development's shareholders' equity was negative at −$22.83M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition