DeFi Development Corp.

DeFi Development Corp. (ticker: DFDV) is an NASDAQ-listed finance services company. DredgeCap's structured extraction of DFDV's SEC filings surfaces 2 active risk signals, including 1 auditor-change signal, and 1 late-filing signal. DFDV reported $11.39M in revenue and -$73.79M for the period ending 2025-12-31, with operating cash flow of -$17.97M. Cash and equivalents stood at $5.92M (up 135.2% year-over-year). Total assets of $307.41M exceed total liabilities of $208.15M. Each signal on this page is sourced verbatim from the underlying SEC filing. Use the tabs above to drill into auditor history, going-concern citations, dilution mechanics, cash runway, and the full risk-flag inventory.

DFDV Risk Flags

Consolidated view of every risk_flag row DFDVhas surfaced across DredgeCap's extractor pipeline (auditor changes, late filings, delistings, going-concern, dilution, etc.). Each row carries a verbatim source_excerpt and links to the source SEC filing on EDGAR.

Category	Severity	Source	Excerpt	EDGAR
Auditor Change	medium	10-K · Mar 30, 2026	PCAOB-tagged auditor in 10-K filed 2026-03-30 (accession 0001805526-26-000006) was 'Wolf & Company, P.C.' (PCAOB Firm ID: 392). Prior 10-K filed 2025-03-27 (accession 0001013762-25-003260) was 'dbbmckennon' (PCAOB Firm ID: 3501).	view ↗
Late Filing	low	NT 10-Q · Nov 14, 2025	Form NT 10-Q filed 2025-11-14 (accession 0001213900-25-110892) notified the SEC of delayed 10-Q filing for period ending 2025-09-30. Substantive filing landed 2025-11-19 (accession 0001193125-25-286660), 5 days after the 2025-11-14 filing d…	view ↗

Related on DFDV

Auditor & opinion →

Source for auditor_change + going-concern flags.

Share-count dilution →

Source for dilution + convertible-debt flags.

Risk-flag rows are produced by DredgeCap's extractor pipeline (lib/extract-auditor-changes, extract-late-filings, etc.). Each row carries a verbatim source_excerpt from the underlying SEC filing — no AI-generated language. Refresh runs daily. Not financial advice.