Axe Compute Inc.
Business
Axe Compute Inc. operates two reportable segments. Compute Services and Treasury Management provides GPU compute capacity for artificial intelligence and high-performance computing via a distributed network sourced through the Aethir platform, coupled with digital asset treasury activities focused on acquiring and staking the Aethir token. Drug Discovery Services is a legacy business providing AI-driven drug-response predictions and 3D tumor models for oncology drug development using a proprietary biobank.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 125,284 | 84,812 | 2 | 2 | 1 | |
| Gains (losses) on digital assets | −152 | 0 | — | — | — | |
| Cost of revenues | 72,622 | 78,285 | — | — | — | |
| General and administrative | 26 | 7 | 8 | 11 | 11 | |
| Operations, research and development | 2 | 2 | 3 | 4 | 3 | |
| Sales and marketing | 406,247 | 833,199 | 1 | 1 | 774,530 | |
| Total operating expenses | 29 | 10 | — | — | — | |
| Total operating (loss) | −181 | −10 | −12 | −26 | −20 | |
| Other income | 806,037 | 89,367 | 152,685 | 185,646 | 184,528 | |
| Other expense | −8,969 | −11,468 | −64,967 | −5,275 | −239,631 | |
| Gain (loss) on derivative instruments | −53 | 1,376 | 12,457 | 115,647 | 164,902 | |
| Loss from continuing operations | −233 | −10 | −12 | — | — | |
| Loss from discontinued operations | −241,556 | −2 | −2 | — | — | |
| Net loss | −233 | −13 | −14 | −26 | −20 | |
| Loss from continuing operations (in dollars per share) | −13.36 | −28.12 | −2.99 | — | — | |
| Loss from discontinued operations (in dollars per share) | −0.01 | −6.71 | −0.49 | — | — | |
| Net loss per common share, basic and diluted (in dollars per share) | −13.37 | −34.83 | −3.48 | −6.98 | −0.36 | |
| Weighted average shares used in computation basic and diluted (in shares) | 17 | 363,583 | 4 | 4 | 55 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-09-30 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 611,822 | — | 9 | 22 | |
| Accounts receivable, net | 32,120 | 34,154 | — | 277,641 | 331,196 | |
| Prepaid expense and other assets | 280,904 | 318,539 | — | 512,078 | 526,801 | |
| Crypto assets at fair value | 24 | 0 | — | — | — | |
| Digital asset receivable | 7 | 0 | — | — | — | |
| Current assets of discontinued operations | 0 | 1 | — | 79,249 | — | |
| Total current assets | 43 | 2 | — | 10 | 23 | |
| Locked crypto receivable at fair value, net of current portion | 8 | 0 | — | — | — | |
| Property and equipment, net | 223,128 | 347,588 | — | 491,214 | 2 | |
| Lease right-of-use assets | 1 | 2 | — | 3 | 211,893 | |
| Other long-term assets | 148,887 | 149,433 | — | 105,509 | 75,618 | |
| Non-current assets of discontinued operations | 0 | 202,337 | — | 902,665 | — | |
| Total assets | 53 | 5 | — | 14 | 26 | |
| Accounts payable | 2 | 1 | — | 1 | 943,452 | |
| Note payable | 107,951 | 0 | — | 150,408 | 0 | |
| Accrued expenses and other liabilities | 2 | 1 | — | 2 | 2 | |
| Contract liabilities | 144,076 | 224,076 | — | 302,499 | 602,073 | |
| Lease liability | 653,743 | 555,169 | — | 444,897 | 94,237 | |
| Current liabilities of discontinued operations | 0 | 533,384 | — | 174,839 | — | |
| Total current liabilities | 4 | 4 | — | 4 | 4 | |
| Lease liability net of current portion | 904,495 | 2 | — | 2 | 86,082 | |
| Non-current liabilities of discontinued operations | 0 | 23,487 | — | 58,002 | — | |
| Total liabilities | 5 | 5 | — | 6 | 4 | |
| Common stock, $.01 par value, 200,000,000 shares authorized, 4,083,173 and 444,475 shares outstanding as of December 31, 2025, and December 31, 2024, respectively | 40,832 | 4,445 | — | 40,629 | 39,382 | |
| Additional paid-in capital | 461 | 180 | — | 176 | 176 | |
| Accumulated deficit | −414 | −180 | — | −168 | −154 | |
| Total stockholders equity (deficit) | 48 | −202,610 | 2 | 8 | 22 | |
| Total liabilities and stockholders equity (deficit) | 53 | 5 | — | 14 | 26 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 129,038 | 132,337 | 244,788 | 1 | 1 | |
| Amortization of operating lease right-of-use assets | 559,538 | 495,869 | 480,020 | — | — | |
| Write off of aged accounts payable and accrued expenses | −676,678 | 0 | — | — | — | |
| Vesting expense | 1 | 906 | 1,167 | 166,312 | 715,938 | |
| Shares of common stock issued to employees and nonemployees | 16 | 99,253 | — | — | — | |
| (Gain) loss on derivative instruments | 53 | −1,376 | −12,457 | — | — | |
| Loss on disposal of property and equipment | 0 | 803 | 903 | — | — | |
| Loss on disposal of intangible assets | 0 | 4,738 | 0 | — | — | |
| Accounts receivable | 2,034 | 45,795 | 19,003 | −23,000 | −20,769 | |
| Prepaid expense and other assets | 33,603 | 119,687 | −41,146 | 78,425 | −194,363 | |
| Accounts payable | 1 | −169,105 | 399,207 | −78,322 | −350,296 | |
| Accrued expenses and other | 751,132 | −154,521 | −384,149 | 869,987 | −499,563 | |
| Contract liabilities | −80,000 | −45,755 | −266,803 | 41,819 | 54,548 | |
| Operating lease liability | −555,170 | −407,060 | −446,483 | — | — | |
| Net cash used in continuing operating activities: | −10 | −10 | −12 | — | — | |
| Crypto assets purchased | −33 | 0 | — | — | — | |
| Purchase of property and equipment | 0 | −9,510 | −21,533 | −419,869 | −910,429 | |
| Net cash used in continuing investing activities: | −33 | −9,510 | −47,550 | — | — | |
| Proceeds from issuance of common stock and warrants | 56 | 5 | 0 | 7 | 51 | |
| Costs to issue common stock and warrants | −4 | −870,960 | 0 | — | — | |
| Proceeds from issuance of financing note payable | 264,048 | 275,098 | 364,721 | 0 | — | |
| Repayment of note payable | −156,097 | −425,506 | −214,313 | 0 | — | |
| Payments for taxes related to net share settlement of restricted stock units | −58,369 | 0 | — | — | — | |
| Net cash provided by continuing financing activities | 52 | 4 | 148,899 | — | — | |
| Net cash used in operating activities | −82,538 | −2 | −1 | — | — | |
| Net cash provided by investing activities | 625,000 | 32,000 | −254,821 | — | — | |
| Net cash provided by (used in) financing activities | 0 | 0 | 0 | — | — | |
| Net cash provided by (used in) discontinued operations | 542,462 | −2 | −2 | — | — | |
| Net increase (decrease) in cash | 10 | −8 | −13 | −6 | 28 | |
| Cash payments for interest | 8,960 | 11,466 | 13,904 | 3,821 | 690,508 | |
| Digital assets received pursuant to securities purchase agreements | 63 | 0 | — | — | — | |
| Digital asset receivable received pursuant to securities purchase agreements | 97 | 0 | — | — | — | |
| Vested ATH claimed from Locked ATH Receivable at Fair Value | 3 | 0 | — | — | — | |
| Shares issued for vested restricted stock units, net of shares withheld for taxes | 502 | 0 | — | — | — | |
| Equipment transferred from discontinued operations | 0 | 5,140 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Axe Compute Inc.'s CIK number?
Axe Compute Inc.'s SEC CIK number is 0001446159 (1446159). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Axe Compute Inc.'s SEC filings?
All of Axe Compute Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Axe Compute Inc. last report earnings?
Axe Compute Inc. (AGPU) most recently filed an earnings 8-K with the SEC on May 18, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001171843-26-003492). This is Axe Compute Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Axe Compute Inc.'s most recent earnings 8-K?
Axe Compute Inc.'s latest earnings 8-K (Item 2.02) was filed May 18, 2026 under accession 0001171843-26-003492. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Axe Compute Inc.'s latest earnings 8-K →
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