Record Income from Operations
Achieved income from operations of $4.4 million and GAAP net income of $6.6 million, both record highs for the company.
Successful Strategic Transformation
Successfully executed a significant corporate transformation from a biotech company to a digital asset treasury company focused on the Hyperliquid ecosystem.
Strong Revenue Generation from Digital Assets
Generated $303,000 of revenue in Q3 2025 from digital assets, significantly higher than the less than $2,000 realized in Q3 2024.
Growth in Validator Participation
Validator received 60% month-over-month growth in tokens delegated from September to October, reaching 13.2 million tokens.
Positive Financial Guidance
Initiated financial guidance with expectations for Q4 2025 adjusted revenues between $475,000 and $515,000, representing a 31% to 43% quarter-over-quarter increase.
Innovative Revenue Services
Launched first HYPE Asset Use Service agreement with Credo Payment, demonstrating unique revenue opportunities beyond simple token appreciation.