I-ON Digital Corp. Reports First Quarter 2026 Financial Results, Reflecting Multiple Revenue Streams and Net Profit
I-ON Digital reported Q1 2026 net income of $4.2 million, primarily driven by a $4.1 million gain on the sale or exchange of digital assets, while core operations posted a loss of $116,429 on $301,711 in revenue. The company significantly strengthened its balance sheet by eliminating all debt, retiring $550,000 in loans payable and $781,000 in accrued interest, and settling $1.33 million in bridge loans using ION.au units.
Key figures
- Eps
- 0.04
- Revenue
- 301711
- Cash
- 193012
- Net income
- 4149246
- Debt retired
- 1331000
- Total assets
- 22920000
- Stockholders equity
- 18410000
- Gain on digital assets
- 4100000
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