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Hyperion DeFi, Inc. 10-Q Filings

HYPD NASDAQ

Every 10-Q that Hyperion DeFi, Inc. (HYPD) 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 HYPD 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 HYPD filings page.

Rhea-AI Summary

Hyperion DeFi, Inc. reported a sharp turnaround for the six months ended June 30, 2026, driven by gains on its digital asset strategy. Net income was $39.8 million versus a net loss of $12.2 million a year earlier, with diluted EPS of $1.25 versus a loss of $4.29.

Total assets rose to $113.1 million, including $74.1 million of HYPE digital assets and $25.7 million of digital intangible assets, while stockholders’ equity increased to $101.9 million from $41.1 million at year-end 2025. Cash and cash equivalents were $9.6 million, and working capital was about $7.4 million, though operating activities used $7.1 million of cash.

Results are highly exposed to HYPE token performance: substantially all treasury assets are concentrated in HYPE, much of it staked or in liquid staking tokens with unstaking and contractual lockups. Management nonetheless expects existing resources, plus access to equity offerings, to fund operations for at least 12 months. The legacy ophthalmic Optejet program has been wound down, with related IP sold in July 2026 for a $100,000 debt release.

Rhea-AI Summary

Hyperion DeFi, Inc. reported a sharp turnaround for the quarter ended March 31, 2026, with net income of $8.8M versus a loss a year earlier. Revenue from its digital assets business was modest at $244K, while results were driven mainly by large realized and unrealized gains on HYPE and related digital assets.

Total assets rose to $70.1M, including $25.4M of HYPE digital assets, $16.0M of digital intangible assets and $10.4M of digital assets receivable. Cash and cash equivalents were $7.4M, and notes payable totaled $9.0M.

Management states existing resources, together with recent equity offerings, are expected to fund operations for at least one year, but highlights that the company’s financial condition is substantially dependent on the volatile market price and liquidity of HYPE tokens and the continued adoption of the Hyperliquid protocol.

Rhea-AI Summary

Hyperion DeFi, Inc. reported a sharp turnaround in Q3 2025 as it pivoted to a digital‑asset treasury strategy centered on HYPE tokens. Net income was $6.6 million for the quarter, compared with a loss a year ago, driven by realized and unrealized gains on HYPE and a gain on extinguishment of liabilities. Revenue reached $302,506 from native staking and validator commissions. Cash was $8.2 million, total assets $82.8 million, and stockholders’ equity improved to $70.8 million.

The company raised capital through an ATM and a private placement, including $50.0 million of Series A Preferred Stock with accompanying warrants, and expanded authorized shares. It began acquiring and staking HYPE in July, ending the quarter with HYPE digital assets of $37.95 million and digital intangible assets (primarily HiHYPE) of $35.02 million, offset by a $6.29 million impairment. The Avenue loan was amended to extend maturity to July 1, 2028, reduce the rate to 8% (half cash/half PIK), and add warrants. Common shares outstanding were 7,162,659 as of September 30, 2025; 8,097,659 as of November 10, 2025.