Stocks Health care SDEV
NYSE · Health careStablecoin Development Corp (SDEV)
It posted a net loss of $125.2M. At June 30, 2026 it held $7M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.
Key facts about Stablecoin Development Corp
- Net worth
- Stablecoin Development Corp has a market value (market cap) of $45M at the latest share price, and shareholders' equity of $127.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2024 revenue was $9.8M (-6.4% year on year), with a net loss of $7.2M.
- Cash flow
- In fiscal 2025 operations used $8.4M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 30, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Stablecoin Development Corp's next report is expected around December 10, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Stablecoin Development Corp paid dividends of $4.00 per share in fiscal 2025, a yield of 449.44% at the current price.
What Stablecoin Development Corp does
Stablecoin Development Corp is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NYSE under the ticker SDEV.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | -$630.8M | -$108.39 | n/a |
| 2024 | $9.8M | -$7.2M | -$12.68 | -$7.5M |
| 2023 | $10.5M | -$9.6M | -$697.35 | -$4.2M |
| 2022 | $14.4M | -$10.6M | -$1,778.59 | -$6.8M |
| 2021 | $10.2M | -$5.8M | -$26,414.77 | -$9.2M |
| 2020 | $9.9M | -$11M | -$54,590.52 | -$4.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
Stablecoin Development Corp paid $4.00 per share in fiscal 2025. At the current price that is a yield of 449.44%. It paid out $4.8M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $4.00 | $4.8M | n/a |
| 2024 | n/a | $0 | n/a |
| 2019 | n/a | $0 | n/a |
Latest SEC filings
What Stablecoin Development Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 6, 2026
- October 5, 2026Quarterly results8-KStablecoin Development Corp reported preliminary digital asset holdings and an increase in digital asset NAV to approximately $180.2 million as of September 30, 2026.
- September 29, 2026Other event 8-K
- September 28, 2026Proxy statement DEF 14A
- September 16, 2026
- September 8, 2026
- August 21, 2026Activist stake changed SCHEDULE 13D/A
- August 17, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026
- July 31, 2026
Insider trades
What the people running Stablecoin Development Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 15, 2026 | R01 Fund LPOfficer, Director, 10% owner | Exercised options | 11,332,020 | $27.2K |
| June 15, 2026 | R01 Fund LPOfficer, Director, 10% owner | Sold | 24,720 | $26.9K |
| June 15, 2026 | Framework Ventures IV L.P.10% owner | Exercised options | 11,332,020 | $27.2K |
| June 15, 2026 | Framework Ventures IV L.P.10% owner | Sold | 24,720 | $26.9K |
| June 15, 2026 | Kazley Michael JohnChief Executive Officer, Director, 10% owner | Exercised optionsindirect | 11,332,020 | $27.2K |
| June 15, 2026 | Kazley Michael JohnChief Executive Officer, Director, 10% owner | Soldindirect | 24,720 | $26.9K |
Who owns SDEV
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Kazley Michael John13D, may seek influence with 3 related filers | 52.4% | July 24, 2026 |
| Framework Ventures IV L.P.13D, may seek influence with 4 related filers | 46.6% | July 24, 2026 |
| Tether Global Investments Fund, S.I.C.A.F., S.A.13G, passive with 2 related filers | 9.99% | August 17, 2026 |
| Sky Frontier Foundation13D, may seek influence | 9.9% | August 21, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 21 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 424,695 | +1,352 |
| Vanguard Capital Management LLC | 326,988 | +54,831 |
| Geode Capital Management, LLC | 281,483 | -8,786 |
| Vanguard Fiduciary Trust Co | 131,840 | +1,056 |
| State Street Corp | 117,154 | 0 |
| Northern Trust Corp | 59,926 | +6,250 |
| Bank of New York Mellon Corp | 28,033 | new |
| Renaissance Technologies LLC | 26,142 | -56,653 |
| State of Wyoming | 23,509 | -789 |
| Jane Street Group, LLC | 22,639 | -98,465 |
| Two Sigma Investments, LP | 12,396 | -12,399 |
| Vanguard Global Advisers, LLC | 11,414 | 0 |
| Tower Research Capital LLC (TRC) | 8,571 | +6,423 |
| SBI Securities Co., Ltd. | 406 | new |
| UBS Group AG | 205 | +202 |
| Morgan Stanley | 3 | 0 |
| Nvwm, LLC | 1 | 0 |
| Caitong International Asset Management Co., Ltd | 1 | new |
| Farther Finance Advisors, LLC | 1 | new |
| Mosley Wealth Management | 1 | new |
Insiders
4 insiders reported holding 74,393,548 shares in total, about $66.2M at the last price.
| Holder | Shares |
|---|---|
| R01 Fund LPOfficer, Director, 10% owner | 22,668,516 |
| Framework Ventures IV L.P.10% owner | 22,668,516 |
| Kazley Michael JohnChief Executive Officer, Director, 10% owner | 22,668,51622,668,516 held indirectly |
| Lazar David E.10% owner | 6,388,000 |
Questions about SDEV
What does Stablecoin Development Corp do?
Stablecoin Development Corp is a company in the Health care sector, listed on NYSE as SDEV. Its shares trade on NYSE under the ticker SDEV.
What is Stablecoin Development Corp's net worth?
Stablecoin Development Corp has a market value (market cap) of $45M at the latest share price, and shareholders' equity of $127.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Stablecoin Development Corp profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $125.2M.
When did Stablecoin Development Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the shelf registration to sell securities (amended) from October 6, 2026.
When is Stablecoin Development Corp's next earnings report?
Stablecoin Development Corp's next report is expected around December 10, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Stablecoin Development Corp pay a dividend?
Yes. Stablecoin Development Corp paid dividends of $4.00 per share in fiscal 2025, a yield of 449.44% at the current price.
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Where the numbers come from
Financial figures are the values Stablecoin Development Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.