Here are the 10-Q quarterly reports from DarkHorse Technologies Inc. (DRK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DRK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DRK filings page.
DarkHorse Technologies Inc. (DRK) reported third-quarter revenue of $3.031 million, compared with $2.623 million a year earlier, and net loss of $5.778 million versus $4.248 million. For the nine months ended September 30, 2026, revenue was $7.399 million versus $8.458 million and net loss was $23.713 million versus $11.366 million. Operating cash use was $13.505 million; cash and equivalents were $8.823 million at September 30, 2026.
On June 1, 2026, the company completed a share-for-share acquisition of Cathedra Bitcoin, with purchase consideration of $7.343 million. Cathedra’s results included $2.5 million in revenue and $0.8 million net loss through September 30. Management stated there is substantial doubt about the company’s ability to continue as a going concern within 12 months from financial-statement issuance if it cannot raise additional funding.
The company entered a binding term sheet to sell its mining-machine fleet for estimated aggregate proceeds of approximately $2.9 million; $1.3 million had been sold as of September 30, with sales and delivery over a 90-day period beginning September 1. It also sold its Iowa site for $1.5 million, receiving $0.3 million in cash and a $1.2 million interest-free promissory note.