Filing Flows › Crypto (CRCW) › Q3 2025
Crypto (CRCW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 19, 2025
Crypto (CRCW) reported revenue of $7K for the third quarter 2025 (Q3 2025), -31% from a year earlier and +68% from the quarter before.
Crypto, Q3 2025: revenue $7K (-31% year over year), net loss $1.6M, operating cash flow −$767K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7K | +68% | -31% |
| Operating profit | −$386K | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$767K | — | — |
What changed
Revenue was $7K in Q3 2025, down 31% year over year and up 68% from the previous quarter.
Gross margin was 100.0%, up 71.5 points from a year earlier. Operating costs exceeded revenue by $386K, an operating margin of -5424.5%. Operating expenses fell 87% while revenue fell 31%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.0M loss. Net interest and other expense of $1.2M was the main reason.
Operating cash flow was −$767K. Non-cash charges added back $62K of share-based compensation. Working capital and other items added $802K.
Questions
What was Crypto's revenue in the third quarter 2025?
Crypto (CRCW) reported revenue of $7K for the third quarter 2025 (Q3 2025), -31% from a year earlier and +68% from the quarter before.
Source: Crypto 10-Q on SEC EDGAR.