NASDAQ : BTCS
BTCS Inc. — Financial statements
Financials · Capital Markets · United States
Last price 1.04 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 54.57M
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Financial statements
BTCS Inc. (BTCS) reported revenue of 16.62M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.62M | 16.49M | 4.07M | 1.34M | 1.69M | 1.21M |
| Cost of Revenue | 12.15M | 14.48M | 3.13M | 359.78K | 426.44K | 268.35K |
| Gross Profit | 4.48M | 2.01M | 946.01K | 979.85K | 1.27M | 944.94K |
| Selling, General & Admin | 10.88M | 7.33M | 8.35M | 4.01M | 5.31M | 17.35M |
| Research & Development | 439.14K | 679.43K | 755.81K | 687.29K | 611.76K | 712.74K |
| Operating Expenses | 11.32M | 8.00M | 9.11M | 4.69M | 5.92M | 18.07M |
| Operating Income | -6.84M | -5.99M | -8.16M | -3.71M | -4.65M | -17.12M |
| Interest Expense | -6.44M | -3.52M | -2.05M | |||
| Other Non Operating Income (Expenses) | -110.74M | -23.83M | 6.89M | 11.53M | 2.11M | 6.97M |
| EBT Excluding Unusual Items | -124.03M | -33.34M | -1.27M | 7.82M | -2.54M | -12.20M |
| Asset Writedown | -13.35M | -3.85M | ||||
| Other Unusual Items | -8.73K | -8.73K | ||||
| Pretax Income | -124.03M | -33.35M | -1.27M | 7.82M | -15.89M | -16.05M |
| Net Income | -124.03M | -33.35M | -1.27M | 7.82M | -15.89M | -16.05M |
| Net Income to Common | -124.03M | -33.35M | -1.27M | 7.82M | -15.89M | -16.05M |
| Shares Outstanding (Basic) | 47.39M | 33.19M | 16.26M | 14.09M | 12.73M | 6.84M |
| Shares Outstanding (Diluted) | 47.39M | 33.19M | 16.26M | 17.55M | 12.73M | 6.84M |
| EPS (Basic) | -2.62 | -1.00 | -0.08 | 0.55 | -1.25 | -2.35 |
| EPS (Diluted) | -2.62 | -1.00 | -0.08 | 0.45 | -1.25 | -2.35 |
| Free Cash Flow | -7.82M | -9.80M | -3.53M | -3.57M | -782.18K | -4.87M |
| Free Cash Flow Per Share | -0.17 | -0.29 | -0.22 | -0.20 | -0.06 | -0.71 |
| Gross Margin | 26.93% | 12.19% | 23.22% | 73.14% | 74.80% | 77.88% |
| Operating Margin | -41.18% | -36.35% | -200.35% | -277.14% | -274.97% | -1,411.22% |
| Profit Margin | -746.26% | -202.25% | -31.21% | 583.65% | -939.03% | -1,322.82% |
| Free Cash Flow Margin | -47.07% | -59.40% | -86.72% | -266.31% | -46.22% | -401.57% |
| EBITDA | -6.84M | -5.99M | -8.16M | -3.71M | -4.65M | -17.12M |
| EBITDA Margin | -41.15% | -36.33% | -200.21% | -276.77% | -274.73% | |
| D&A For EBITDA | 5.38K | 4.07K | 5.69K | 5.03K | 4.04K | 939.00 |
| EBIT | -6.84M | -5.99M | -8.16M | -3.71M | -4.65M | -17.12M |
| EBIT Margin | -41.18% | -36.35% | -200.35% | -277.14% | -274.97% | |
| Revenue as Reported | 16.62M | 16.49M | 4.07M | 1.34M | 1.69M | 1.21M |
| Advertising Expenses | 602.46K | 80.99K | 12.15K | 78.17K | 180.29K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 262.44K | 1.53M | 1.98M | 1.46M | 2.15M | 1.40M |
| Cash & Short-Term Investments | 262.44K | 1.53M | 1.98M | 1.46M | 2.15M | 1.40M |
| Other Receivables | 291.44K | |||||
| Receivables | 291.44K | |||||
| Prepaid Expenses | 254.40K | 146.03K | 63.93K | 62.46K | 123.73K | 324.55K |
| Other Current Assets | 88.14M | 212.35M | 36.10M | 25.22M | 1.83M | 3.74M |
| Total Current Assets | 88.65M | 214.02M | 38.14M | 27.04M | 4.10M | 5.47M |
| Property, Plant & Equipment | 11.30K | 14.39K | 7.45K | 10.49K | 11.15K | 9.78K |
| Long-Term Investments | 600.00K | 600.00K | 100.00K | 100.00K | 100.00K | |
| Other Long-Term Assets | 5.71M | 8.63M | ||||
| Total Assets | 89.27M | 214.63M | 38.25M | 27.15M | 9.92M | 14.10M |
| Accounts Payable | 97.68K | 38.52K | 70.44K | 55.06K | 76.73K | 138.72K |
| Accrued Expenses | 772.67K | 1.83M | 3.91M | 712.09K | 295.94K | 7.33K |
| Short-Term Debt | 36.01M | 61.50M | ||||
| Other Current Liabilities | 267.90K | 213.75K | 213.75K | 1.85M | ||
| Total Current Liabilities | 43.05M | 63.37M | 4.25M | 980.90K | 586.41K | 2.00M |
| Long-Term Debt | 7.36M | 11.84M | ||||
| Total Liabilities | 50.42M | 75.22M | 4.25M | 980.90K | 586.41K | 2.00M |
| Common Stock | 49.81K | 46.85K | 18.72K | 15.32K | 13.11K | 10.53K |
| Additional Paid-In Capital | 314.19M | 310.70M | 171.28M | 162.26M | 160.80M | 147.68M |
| Retained Earnings | -277.37M | -173.30M | -139.95M | -138.68M | -151.48M | -135.59M |
| Total Common Equity | 36.87M | 137.44M | 31.35M | 23.60M | 9.33M | 12.10M |
| Shareholders' Equity | 38.85M | 139.42M | 34.00M | 26.17M | 9.33M | 12.10M |
| Total Liabilities & Equity | 89.27M | 214.63M | 38.25M | 27.15M | 9.92M | 14.10M |
| Total Debt | 49.55M | 73.34M | ||||
| Net Cash (Debt) | -49.28M | -71.82M | 1.98M | 1.46M | 2.15M | 1.40M |
| Net Cash Per Share | -1.04 | -2.16 | 0.12 | 0.08 | 0.17 | 0.20 |
| Filing Date Shares Outstanding | 52.47M | 49.75M | 20.09M | 15.69M | 13.77M | 12.55M |
| Total Common Shares Outstanding | 49.81M | 46.85M | 18.72M | 15.32M | 13.11M | 10.53M |
| Working Capital | 45.60M | 150.64M | 33.89M | 26.06M | 3.51M | 3.47M |
| Book Value Per Share | 0.74 | 2.93 | 1.68 | 1.54 | 0.71 | 1.15 |
| Tangible Book Value | 36.87M | 137.44M | 31.35M | 23.60M | 9.33M | 12.10M |
| Tangible Book Value Per Share | 0.74 | 2.93 | 1.68 | 1.54 | 0.71 | 1.15 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -124.03M | -33.35M | -1.27M | 7.82M | -15.89M | -16.05M |
| Depreciation & Amortization | 5.38K | 4.07K | 5.69K | 5.03K | 4.04K | 939.00 |
| Other Amortization | 3.04M | 1.50M | 1.87M | |||
| Stock-Based Compensation | 182.80K | 657.08K | 2.42M | 1.34M | 2.63M | 15.67M |
| Other Operating Activities | 106.81M | 21.48M | -8.17M | -12.87M | 12.06M | -5.83M |
| Change in Accounts Payable | -4.93K | -31.92K | 15.39K | -21.67K | -62.33K | 112.43K |
| Change in Other Net Operating Assets | 6.18M | -38.69K | 3.47M | 164.94K | 489.43K | -635.72K |
| Operating Cash Flow | -7.81M | -9.78M | -3.53M | -3.56M | -776.78K | -4.86M |
| Capital Expenditures | -9.31K | -12.76K | -2.65K | -5.28K | -5.41K | -10.49K |
| Sale of Property, Plant & Equipment | 1.75K | 904.00 | ||||
| Investment in Securities | -250.00K | -500.00K | -100.00K | |||
| Other Investing Activities | -187.87M | -196.99M | -2.63M | 190.37K | -8.87M | -9.46M |
| Investing Cash Flow | -188.13M | -197.50M | -2.63M | 186.00K | -8.97M | -9.47M |
| Short-Term Debt Issued | 122.95M | 1.00M | ||||
| Long-Term Debt Issued | 16.84M | |||||
| Total Debt Issued | 132.48M | 139.79M | 1.00M | |||
| Short-Term Debt Repaid | -61.46M | -2.00M | ||||
| Total Debt Repaid | -61.46M | -61.46M | -2.00M | |||
| Net Debt Issued (Repaid) | 71.03M | 78.33M | -1.00M | |||
| Issuance of Common Stock | 131.08M | 135.16M | 6.68M | 2.69M | 11.13M | 15.11M |
| Repurchase of Common Stock | -4.00M | -4.00M | ||||
| Common Dividends Paid | -2.68M | -2.68M | -630.80K | |||
| Other Financing Activities | 136.82K | 14.26K | ||||
| Financing Cash Flow | 195.57M | 206.83M | 6.68M | 2.69M | 10.50M | 15.21M |
| Net Cash Flow | -376.75K | -451.38K | 519.45K | -688.46K | 745.92K | 876.73K |
| Free Cash Flow | -7.82M | -9.80M | -3.53M | -3.57M | -782.18K | -4.87M |
| Free Cash Flow Margin | -47.07% | -59.40% | -86.72% | -266.31% | -46.22% | -401.57% |
| Free Cash Flow Per Share | -0.17 | -0.29 | -0.22 | -0.20 | -0.06 | -0.71 |
| Levered Free Cash Flow | -50.46M | -182.50M | -9.99M | -24.21M | 417.82K | 4.13M |
| Unlevered Free Cash Flow | -49.47M | -181.80M | -9.99M | -24.21M | 417.82K | 3.54M |
| Cash Interest Paid | 2.27M | 1.80M | ||||
| Change in Working Capital | 6.18M | -70.61K | 3.48M | 143.27K | 427.09K | -523.29K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 54.57M | 123.65M | 42.86M | 23.43M | 8.24M | 32.26M |
| Enterprise Value | 103.85M | 188.74M | 45.16M | 25.13M | 5.35M | 32.45M |
| Last Close Price | 1.04 | 2.64 | 2.44 | 1.61 | 0.62 | 3.11 |
| PE Ratio | 3.00 | |||||
| Forward PE | 7.28 | |||||
| PS Ratio | 3.28 | 7.50 | 10.52 | 17.49 | 4.87 | 26.59 |
| PB Ratio | 1.40 | 0.89 | 1.26 | 0.90 | 0.88 | 2.67 |
| P/TBV Ratio | 1.48 | 0.90 | 1.37 | 0.99 | 0.88 | 2.67 |
| EV/Sales Ratio | 6.25 | 11.45 | 11.09 | 18.76 | 3.16 | 26.75 |
| Debt / Equity Ratio | 1.27 | 0.53 | ||||
| Net Debt / Equity Ratio | 1.27 | 0.52 | -0.06 | -0.06 | -0.23 | -0.12 |
| Net Debt / EBITDA Ratio | -7.21 | -11.99 | 0.24 | 0.39 | 0.46 | 0.08 |
| Net Debt / FCF Ratio | -6.30 | -7.33 | 0.56 | 0.41 | 2.75 | 0.29 |
| Asset Turnover | 0.26 | 0.13 | 0.12 | 0.07 | 0.14 | 0.15 |
| Quick Ratio | 0.01 | 0.02 | 0.47 | 1.78 | 3.66 | 0.70 |
| Current Ratio | 2.06 | 3.38 | 8.98 | 27.56 | 6.99 | 2.73 |
| Return on Equity (ROE) | -354.79% | -38.47% | -4.23% | 44.05% | -148.29% | -244.16% |
| Return on Assets (ROA) | -6.58% | -2.96% | -15.60% | -12.52% | -24.22% | -136.72% |
| Return on Capital Employed (ROCE) | -14.80% | -4.00% | -24.00% | -14.20% | -49.90% | -141.50% |
| Earnings Yield | -251.69% | -26.97% | -2.97% | 33.37% | -192.90% | -49.74% |
| FCF Yield | -14.34% | -7.92% | -8.24% | -15.23% | -9.49% | -15.10% |
| Buyback Yield / Dilution | -153.27% | -104.08% | 7.31% | -37.80% | -86.14% | -129.29% |