Every 10-Q that Empery Digital Inc. (EMPD) has filed with the SEC in the last 24 months is listed below, 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 EMPD 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 EMPD filings page.
Empery Digital Inc. reported a net loss of $128.4 million for the six months ended June 30, 2026, compared with a net loss of $6.4 million a year earlier. Revenue was $305,721 with a slightly negative gross margin. Results were dominated by a $106.3 million loss on digital assets, shareholder litigation expenses of $10.9 million, and related party legal fees of $7.8 million, alongside higher sales and marketing and general and administrative costs.
As of June 30, 2026, total assets were $179.5 million, including 2,914 Bitcoin with a carrying value of $170.6 million, of which 1,539 BTC (fair value $90.1 million) were pledged as collateral for $55.0 million of borrowings under a Master Loan Agreement. Stockholders’ equity declined to $113.4 million, reflecting cumulative losses and repurchase of 26.2 million shares of common stock for $149.7 million under a buyback program funded by Bitcoin sales and debt. The company invested $2.9 million for a 25% interest in EMHU LLC and committed to an additional $62.1 million capital contribution tied to a planned $230.0 million property acquisition for an AI data center. Management acknowledges recurring losses and negative operating cash flows but expects existing cash, Bitcoin sales, derivative trading income and credit facility availability to fund operations and these commitments.
Empery Digital Inc. reported a net loss of $85.4 million for the three months ended March 31, 2026, largely driven by a $78.4 million loss on digital assets tied to its Bitcoin holdings. Revenue from operations was modest at $225,702, down from $462,332 a year earlier, reflecting the company’s shift away from its legacy powersports business.
As of March 31, Empery held 2,989.4 Bitcoin with a total carrying value of $203.9 million, including 1,096 BTC valued at $74.8 million pledged as collateral for $45.0 million of borrowings under a Master Loan Agreement. The company used debt and Bitcoin sale proceeds to aggressively repurchase its own stock, buying 10.4 million shares for $44.2 million in the quarter and 24.1 million shares in total under a larger repurchase program.
Empery ended the quarter with cash, cash equivalents and restricted cash of $5.8 million after repaying a $50.0 million repo facility and reducing overall liabilities to $51.7 million from $103.2 million at year-end. The company’s results now depend heavily on Bitcoin price movements, collateral requirements under its lending agreements, and execution of its digital asset treasury strategy, while its remaining mobility activities and financing operations contribute relatively limited revenue.
Empery Digital Inc. (EMPD) filed its Q3 2025 report highlighting a strategic pivot to a Bitcoin-focused treasury model. The company acquired Bitcoin during the period, reporting 4,081 BTC at September 30, 2025 with a total carrying value of $465,528,312, including $130,804,221 pledged as collateral. Cash and cash equivalents were $18,819,529, and total assets rose to $492,261,234.
Operations remain small versus the balance sheet shift. Q3 revenue was $198,301 and the net loss was $34,555,301, driven by operating expenses, share-based compensation, and a $14,106,222 unrealized loss on digital assets. For the nine months, revenue was $1,637,286 and net loss was $40,915,628.
The company raised capital and added leverage to fund its strategy and buybacks: $10,703,882 in a February 2025 offering, $10,288,062 via an ATM, and July 2025 private placements yielding approximately $452,292,054 in net cash proceeds and Bitcoin valued at approximately $28,000,000. A $49,850,087 term loan and a $50,000,000 repo facility (8.5% per annum) replaced a prior repurchase financing. Treasury stock purchases totaled $39,406,458. Shares outstanding were 36,423,863 as of November 10, 2025.