Cypherpunk Technologies Reports First Quarter 2026 Financial Results
Cypherpunk Technologies reported a net loss of $77.2 million for Q1 2026, compared to $15.4 million in Q1 2025. The increase in loss was primarily due to unrealized losses on the company's ZEC treasury holdings. Research and development expenses decreased to $0.2 million from $12.9 million in the same period last year, reflecting the completion of clinical trials. General and administrative expenses increased to $4.7 million from $3.0 million, mainly due to higher stock-based compensation.
Key figures
- Eps Beat
- 0
- Revenue
- 0
- Revenue Yoy
- 0
- G and a expenses
- 4656000
- R and d expenses
- 161000
- Zec price q1 2025
- 508.09
- Zec price q1 2026
- 240.47
- Zec treasury value
- 73849000
- Cash and cash equivalents
- 6689000
- Zec average purchase price
- 337.86
AI analysis
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