Here are the 10-Q quarterly reports from Janover Inc. (JNVR) 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 JNVR 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 JNVR filings page.
DeFi Development Corp (formerly Janover Inc.) reported a large quarter driven by its new digital asset treasury strategy. Total revenue for the three months ended June 30, 2025 was $1.986 million, split between $1.206 million from the digital asset treasury and $0.780 million from its real estate platform. The company recognized a $21.194 million gain from changes in fair value of digital assets, producing net income of $15.432 million for the quarter and $14.654 million for the six months ended June 30, 2025. Digital holdings of Solana totaled 573 units with a fair value of $89.239 million at June 30, 2025, and total assets increased to $107.230 million from $4.376 million at year-end 2024. Cash totaled $2.470 million. Long-term convertible notes had $28.902 million principal with $7.692 million unamortized discount (net long-term debt $21.210 million). Management adopted a treasury policy in April 2025 to accumulate SOL and operate validators; the company also acquired validator assets and recorded related intangible assets. The financials show material financing and investing activity, including convertible notes issuance, equity offerings and significant SOL purchases disclosed in subsequent events.