Company research
Digital Currency X Technology Inc.
CIK 1957413Updated Sep 26, 2026
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 866,684,000Source | 470,785,000Source | 536,451,000Source | 653,612,000Source |
| Property, Plant and Equipment, NetUSD | — | 155,818,000Source | 181,377,000Source | 217,902,000Source |
| GoodwillUSD | — | 2,621,000Source | 2,695,000Source | 2,774,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 123,903,000Source | 127,411,000Source | 131,206,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,942,000Source | 3,707,000Source | 10,731,000Source | 37,918,000Source |
| Inventory, NetUSD | — | 11,145,000Source | 14,785,000Source | 23,918,000Source |
| Assets, CurrentUSD | 866,684,000Source | 62,419,000Source | 90,828,000Source | 160,627,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | 119,636,000Source | 126,149,000Source | 134,341,000Source |
| Other Assets, NoncurrentUSD | — | 3,140,000Source | 4,292,000Source | 2,392,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 709,198,000Source | 616,271,000Source | 615,325,000Source | 637,484,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | 16,000Source | 16,000Source | 15,000Source |
| Retained Earnings (Accumulated Deficit)USD | -370,995,000Source | -361,130,000Source | -314,235,000Source | -246,051,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -30,000Source | 6,562,000Source | 6,100,000Source | 7,063,000Source |
| Stockholders' Equity Attributable to ParentUSD | 150,966,000Source | -179,267,000Source | -132,834,000Source | -68,579,000Source |
| Additional Paid in Capital, Common StockUSD | 445,411,000Source | 169,129,000Source | 169,129,000Source | 163,738,000Source |
| Liabilities and EquityUSD | 866,684,000Source | 470,785,000Source | 536,451,000Source | 653,612,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 709,198,000Source | 573,309,000Source | 525,054,000Source | 493,140,000Source |
| Other Liabilities, NoncurrentUSD | — | 5,528,000Source | 6,185,000Source | 6,859,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 6,520,000Source | 33,781,000Source | 53,960,000Source | 84,707,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Current MaturitiesUSD | — | 95,160,000Source | 97,832,000Source | 100,697,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -30,074,000Source | -69,005,000Source | -98,501,000Source | -111,518,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 23,133,000Source | 34,620,000Source | 44,653,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 92,000Source | 3,171,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | — | 378,000Source | -3,973,000Source | -490,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -54,589,000Source | -25,464,000Source | -40,017,000Source | 22,383,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,420,000Source | -1,058,000Source | -1,762,000Source | -13,245,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 1,088,000Source | 5,340,000Source | 11,838,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 22,465,000Source | 13,638,000Source | 5,225,000Source | 1,380,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,880,000Source | 3,771,000Source | 12,109,000Source | 50,023,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 113,000Source | 236,000Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 31,813,000Source | 4,546,000Source | -1,360,000Source | -3,635,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 28,072Source | 82,000Source | 86,000Source |
| DepreciationUSD | — | 19,990,000Source | 31,354,000Source | 41,217,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 83,330,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 138,318Source | 287,000Source | 13,000Source |
| General and Administrative ExpenseUSD | — | 29,350,000Source | 45,691,000Source | 63,312,000Source |
| GoodwillUSD | — | 2,621,000Source | 2,695,000Source | 2,774,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 70,663,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 70,663,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -100,737,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | -355,000Source | -519,000Source | 6,000Source |
| InterestExpenseNonoperatingUSD | — | 16,574,000Source | — | — |
| Inventory Write-downUSD | — | 4,018,000Source | 4,510,000Source | 4,450,000Source |
| Net Income (Loss) Attributable to ParentUSD | -30,074,000Source | -46,895,000Source | -68,111,000Source | -77,256,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -26,460,000Source | -22,110,000Source | -30,390,000Source | -34,262,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,865,000Source | — | — | — |
| Nonoperating Income (Expense)USD | 79,061,000Source | -11,725,000Source | -9,776,000Source | 6,745,000Source |
| Operating ExpensesUSD | 8,398,000Source | 32,454,000Source | 55,962,000Source | 79,938,000Source |
| Realized Investment Gains (Losses)USD | -4,268,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | — | 6,915,000Source | 9,483,000Source | 14,961,000Source |
| Cost of RevenueUSD | — | 16,160,000Source | 26,951,000Source | 34,001,000Source |
| Selling, General and Administrative ExpenseUSD | 8,398,000Source | 30,864,000Source | 47,281,000Source | 65,324,000Source |
| Operating Income (Loss)USD | -8,398,000Source | -57,280,000Source | -88,725,000Source | -118,263,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 70,663,000Source | -69,005,000Source | -98,501,000Source | -111,518,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -26,460,000Source | -22,110,000Source | -30,390,000Source | -34,262,000Source |
| Net Income (Loss) Attributable to ParentUSD | -30,074,000Source | -46,895,000Source | -68,111,000Source | -77,256,000Source |
| Earnings Per Share, BasicUSD per share | -4.22Source | -8.66Source | -0.43Source | -0.51Source |
| Earnings Per Share, DilutedUSD per share | -4.22Source | -8.66Source | -0.43Source | -0.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,337,678Source | 5,412,657Source | 158,436,534Source | 152,130,300Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,337,678Source | 5,412,657Source | 158,436,534Source | 152,130,300Source |
| Interest Expense (non-operating)USD | — | 16,574,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 28,072Source | 82,000Source | 86,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 83,330,000Source | — | — | — |
| General and Administrative ExpenseUSD | — | 29,350,000Source | 45,691,000Source | 63,312,000Source |
| Gross ProfitUSD | — | -24,826,000Source | -32,763,000Source | -38,325,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 70,663,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 70,663,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 30.23Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 30.23Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -100,737,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | -355,000Source | -519,000Source | 6,000Source |
| Interest ExpenseUSD | -14,000Source | 16,574,000Source | 14,819,000Source | 14,724,000Source |
| Interest Income, OtherUSD | — | 51,000Source | 681,000Source | 840,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,865,000Source | — | — | — |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 64,412,000Source | — | — | — |
| Nonoperating Income (Expense)USD | 79,061,000Source | -11,725,000Source | -9,776,000Source | 6,745,000Source |
| Operating ExpensesUSD | 8,398,000Source | 32,454,000Source | 55,962,000Source | 79,938,000Source |
| Realized Investment Gains (Losses)USD | -4,268,000Source | — | — | — |
| Research and Development ExpenseUSD | — | 1,478,000Source | 8,398,000Source | 13,772,000Source |
| Selling and Marketing ExpenseUSD | — | 1,510,000Source | 1,590,000Source | 2,012,000Source |
Filing attachments
ex99-1.htm · 6-K · 2026-09-24
EXHIBIT 99.1 Digital Currency X Technology Inc. Announces 160-for-1 Share Consolidation Effective September 28, 2026 NEW YORK, September 24, 2026 (GLOBE NEWSWIRE) - Digital Currency X Technology Inc. (Nasdaq: DCX) (the “ Company ”) announced today that, at the extraordinary general meeting of shareholders of the Company held on September 3, 2026, its shareholders approved, among other things, the implementation of a share consolidation of the Company’s issued and unissued Class A Ordinary Shar…
Read attachment ↗ex4-1.htm · 6-K · 2026-09-22
Exhibit 4.1 FORM OF SERIES A WARRANT TO PURCHASE CLASS A ORDINARY SHARES DIGITAL CURRENCY X TECHNOLOGY INC. Warrant Issue Shares: [____] Date: September 21, 2026 ──────────────────────────────────────────────── THIS SERIES A WARRANT TO PURCHASE CLASS A ORDINARY SHARES (the “ Warrant ”) certifies that, for value received, [________] or its assigns (the “ Holder ”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set fo…
Read attachment ↗ex4-2.htm · 6-K · 2026-09-22
Exhibit 4.2 SERIES B WARRANT FOR THE PURCHASE OF UP TO [●] UNITS OF DIGITAL CURRENCY X TECHNOLOGY INC. THIS CERTIFIES THAT, [_____] (“ Holder ”), as registered owner of this Series B Warrant (the “ Warrant ”), to Digital Currency X Technology Inc., a Cayman Islands exempted company (the “ Company ”), Holder is entitled, at any time or from time to time on or after September 21, 2026 (“ Issuance Date ”), until thirty (30) days from the Issuance Date (“ Expiration Date ”), but not thereafter, t…
Read attachment ↗ex4-3.htm · 6-K · 2026-09-22
Exhibit 4.3 FORM OF PLACEMENT AGENT WARRANT TO PURCHASE CLASS A ORDINARY SHARES DIGITAL CURRENCY X TECHNOLOGY INC. Warrant Issue Shares: 1,190,476 Date: September 21, 2026 THIS PLACEMENT AGENT WARRANT TO PURCHASE CLASS A ORDINARY SHARES (the “ Warrant ”) certifies that, for value received, Maxim Partners LLC or its assigns (the “ Holder ”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or…
Read attachment ↗ex99-1.htm · 6-K · 2026-09-22
Exhibit 99.1 Digital Currency X Technology Announces Pricing of $5.0 Million Registered Direct Offering NEW YORK, September 18, 2026 (GLOBE NEWSWIRE) -- Digital Currency X Technology Inc. (Nasdaq: DCX) (“DCX” or the “Company”), a digital asset treasury management company, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of 23,809,530 Ordinary Shares (or pre-funded warrants in lieu thereof) in a registered direct offe…
Read attachment ↗