Filing Flows › Crypto (CRCW) › Q1 2025
Crypto (CRCW) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 20, 2025
Crypto (CRCW) reported revenue of $3K for the first quarter 2025 (Q1 2025), -82% from a year earlier and -68% from the quarter before.
Crypto, Q1 2025: revenue $3K (-82% year over year), net loss $612K, operating cash flow −$153K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3K | -68% | -82% |
| Operating profit | −$476K | — | — |
| Net earnings | −$612K | — | — |
| Operating cash flow | −$153K | -126% | — |
What changed
Revenue was $3K in Q1 2025, down 82% year over year and down 68% from the previous quarter.
Gross margin was 100.0%, up 9.6 points from a year earlier. Operating costs exceeded revenue by $476K, an operating margin of -16662.7%. Operating expenses fell 47% while revenue fell 82%. The quarter ended with a net loss of $612K, narrower than the previous quarter's $4.6M loss.
Operating cash flow was −$153K. Non-cash charges added back $159K of share-based compensation. Working capital and other items added $300K.
Questions
What was Crypto's revenue in the first quarter 2025?
Crypto (CRCW) reported revenue of $3K for the first quarter 2025 (Q1 2025), -82% from a year earlier and -68% from the quarter before.
Source: Crypto 10-Q on SEC EDGAR.