Financial Performance - Total revenue for the year ended December 31, 2024, was $12,838,988, a decrease of 58% from $30,571,637 in 2023[242] - Transaction and processing fees generated $9,684,152 in 2024, down from $27,096,245 in 2023, reflecting a decrease of $17,412,093[242] - Processing and servicing costs decreased by 49.6% to $10,669,238 in 2024 from $21,181,499 in 2023[244] - Amortization expense dropped by 87.2% to $533,805 in 2024, compared to $4,172,117 in 2023, due to the write-off of the CBD portfolio[245] - General and Administrative expenses decreased by 59.6% to $2,861,300 in 2024 from $7,078,947 in 2023[248] - The net loss for the year ended December 31, 2024, was $11,224,911, a decrease of $12,049,028 from the net loss of $23,273,939 in 2023[251] Business Operations - The company processed over $100,000,000 in gross transactions monthly through its eVance business, averaging approximately 1,400,000 transactions per month[232] - The company acquired 100% of Moola Cloud, LLC, enabling focus on underbanked communities with a network of approximately 31,600 locations in the U.S.[240] - DMINT had mined 57.74 Bitcoin as of December 31, 2024, with 400 computers online and mining operations relocated to Tennessee[236] Capital Structure - A reverse stock split of 1-for-10 was executed, reducing outstanding shares from 18,103,462 to 1,810,346[241] - As of December 31, 2024, the Company had cash of $27,436 and negative working capital of $8,650,939[257] - The Company entered into an Equity Distribution Agreement allowing for an aggregate offering amount of up to $15,000,000, with net proceeds from the ATM Offering totaling $1,090,890 as of December 31, 2024[258] - The Company owes Mr. Yakov $1,203,960 as of December 31, 2024, after payments made on behalf of the Company totaling $1,191,282 during the year[259] - The Yakov LLC Loan allows the Company to borrow up to $5,000,000 at an interest rate of 12%, maturing on March 31, 2026[260] - The Yakov LLC Loan is secured by a first priority security interest over all of the Company's assets[260] Liquidity and Going Concern - The Company believes it has sufficient liquidity to sustain operations for at least twelve months, but recognizes the need for additional resources to execute business plans[261] - Without raising additional capital, there is substantial doubt about the Company's ability to continue as a going concern through March 31, 2026[261] - The Company has reviewed its cash flow activity and projected cash flow forecast for 2025 to assess liquidity[261] Regulatory Compliance - The Company is classified as a smaller reporting company and is not required to provide certain disclosures under the Securities Exchange Act of 1934[264]

As filed with the Securities and Exchange Commission on February 10, 2025 Registration Number 333-282740 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 A black and white logo Description automatically generated DMINT, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 6199 | 87-2345483 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R. ...

1120 Avenue of the Americas 4Floor New York, NY 10036 (212) 278-0900 As filed with the Securities and Exchange Commission on December 31, 2024 Registration Number 333-282740 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 A black and white logo Description automatically generated DMINT, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 10,104 | 87-2345483 | | --- | --- | --- | | ...

As filed with the Securities and Exchange Commission on October 21, 2024 Registration Number [ ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 A black and white logo Description automatically generated DMINT, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification ...

Financial Performance - For the three months ended March 31, 2024, total revenue was $3,496,182, a decrease of $3,126,407 or 47.2% compared to $6,622,589 for the same period in 2023[139] - Transaction and processing fees for the three months ended March 31, 2024, were $2,288,209, down from $6,353,471 in the prior year, reflecting a significant loss of the CBD portfolio[139] - The company had a net loss of $2,371,596 for the three months ended March 31, 2024, a decrease of $243,810 compared to a net loss of $2,615,405 in the same period in 2023[146] Cash and Assets - As of March 31, 2024, the company had cash of $3,319 and negative working capital of $5,832,924[149] - As of March 31, 2024, the company had bitcoin valued at $56,000 and accounts receivable of approximately $207,000[152] Expenses - Salary and wage expenses increased by $193,198 or 23.5% to $1,016,338 for the three months ended March 31, 2024, due to additional expenses related to options and new employees[141] - Amortization expense decreased by $708,870 or 78.8% to $190,961 for the three months ended March 31, 2024, due to the write-off of the CBD portfolio[140] Acquisitions and Ownership - The company acquired 80.01% of Cuentas SDI, LLC, which has approximately 31,600 locations in the U.S. to target underbanked communities[137] - The company acquired 19.99% of the membership interests of Cuentas SDI, LLC for a purchase price of $215,500, resulting in 100% ownership of the LLC[157] - A restrictive covenant was established for three years post-acquisition, preventing the seller from disrupting business relationships or soliciting customers in competition with the company[158] Stock and Equity - The company executed a Reverse Stock Split, reducing the number of outstanding shares from 18,103,462 to 1,810,346 shares[156] - The company entered into an Equity Distribution Agreement to create an at-the-market equity program with an aggregate offering amount of up to $15,000,000[150] Business Operations - The company processed over $100,000,000 in gross transactions monthly through its eVance business, averaging approximately 1,400,000 transactions per month[130] - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[159]

Revenue and Transactions - For the year ended December 31, 2023, total revenue was $30,571,637, an increase of $202,658 or 0.1% compared to $30,368,979 in 2022[251] - eVance business processed over $100,000,000 in gross transactions monthly, averaging approximately 1,400,000 transactions per month[243] Expenses - Processing and servicing costs decreased by $1,970,898 or 8.5% to $21,181,499 for the year ended December 31, 2023[252] - Salary and wage expense increased by $743,910 or 24.2% to $3,817,508 due to increased staff from the Cuentas SDI acquisition[255] - General and Administrative expense rose by $2,588,216 or 57.6% to $7,078,947, driven by increased insurance and processing fees[257] Net Loss - The company recognized a net loss of $23,273,939 for the year ended December 31, 2023, an increase of $15,486,670 compared to the previous year[259] Cash and Liquidity - Cash used for investing activities was $2,080,113, including $850,000 for the purchase of an 80.01% interest in Cuentas SDI, LLC[263] - At December 31, 2023, the company had cash of $179,006 and negative working capital of $5,413,927[265] - The company believes it has sufficient liquidity to sustain operations for at least twelve months following the filing of the Annual Report due to improved transaction volume trends and capital raises[270] Business Expansion - The company formed OLBit, Inc. and DMINT, Inc. to expand into money transmission and Bitcoin mining, respectively[247][248]

Revenue Performance - Total revenue for the three months ended September 30, 2023, was $9,694,440, an increase of $2,349,008 or 39.3% compared to $6,246,551 for the same period in 2022[141] - For the nine months ended September 30, 2023, total revenue was $24,661,041, an increase of $230,329 or 1% compared to $23,405,445 for the same period in 2022[148] - Cryptocurrency mining segment revenue for the three months ended September 30, 2023, was $95,667, compared to $161,249 for the same period in 2022[141] Expenses - Salary and wage expenses for the three months ended September 30, 2023, increased by $38,444 or 5.9% to $687,456 due to higher salaries and bonuses[143] - General and administrative expenses for the three months ended September 30, 2023, rose by $1,147,906 or 152.3% to $1,901,850, driven by increased insurance and contracted services costs[145] - Professional fees for the three months ended September 30, 2023, increased by $533,424 or 305.7% to $707,900, primarily due to litigation-related expenses[144] - Amortization and depreciation expense for the nine months ended September 30, 2023, was $2,699,496, a decrease of $694,798 or 3.9% compared to $2,794,731 for the same period in 2022[149] Net Loss - The company recorded a net loss of $1,801,738 for the three months ended September 30, 2023, compared to a net loss of $1,712,562 for the same period in 2022[147] - For the nine months ended September 30, 2023, the company reported a net loss of $5,008,411, an increase of $402,299 compared to a net loss of $4,606,112 for the same period in 2022[154] Cash Flow and Liquidity - The company received $1,964,977 in cash from operating activities, which included a net loss of $5,089,798 and adjustments for various expenses[155] - The company used $2,079,630 in investing activities, primarily for the acquisition of property and equipment and an 80.01% interest in Cuentas SDI, LLC for $850,000[156] - As of September 30, 2023, the company had cash of $87,783 and a working capital deficit of $2,329,626, with approximately $5,899,000 in outstanding liabilities[157] - The company believes it has sufficient liquidity to sustain operations for at least the next twelve months due to improving transaction volume trends and increased revenues from the acquisition of Cuentas SDI, LLC[158] Business Acquisition - The company acquired 80.01% of Cuentas SDI, LLC, which has approximately 31,600 locations in the U.S. to target underbanked communities[139] Transaction Volume - The eVance business processes over $100,000,000 in gross transactions monthly, averaging approximately 1,400,000 transactions per month[130]

Revenue Performance - Total revenue for the three months ended June 30, 2023, was $8,344,012, a decrease of $58,721 or 0.8% compared to $8,372,435 for the same period in 2022[138] - For the six months ended June 30, 2023, total revenue was $14,966,601, a decrease of $2,118,679 or 13.1% compared to $17,158,894 for the same period in 2022[145] - The company earned $7,755,248 in transaction and processing fees for the three months ended June 30, 2023, down from $7,813,969 in the same period of 2022, primarily due to the removal of approximately 700 non-compliant merchants[138] - Cryptocurrency mining segment revenue for the three months ended June 30, 2023, was $137,541, compared to $207,966 for the same period in 2022, indicating a decrease in performance[138] - The acquisition of Cuentas SDI, LLC contributed to an increase in revenues in June 2023[155] Expenses and Losses - Processing and servicing costs decreased by $2,462,169 or 19% from $12,930,278 in the prior period to $10,468,109 for the six months ended June 30, 2023, due to the same merchant removals[145] - Salary and wage expense for the three months ended June 30, 2023, was $692,480, an increase of $69,566 or 11.2% compared to $622,914 for the same period in 2022[140] - The company recorded a net loss of $587,818 for the three months ended June 30, 2023, compared to a net loss of $1,437,954 for the same period in 2022, reflecting an improvement in loss[144] - For the six months ended June 30, 2023, the company reported a net loss of $3,203,223, an increase of $309,673 compared to a net loss of $2,893,550 for the same period in 2022[151] - The company recognized a loss of $279,242 from the sale of cryptocurrency during the six months ended June 30, 2023[152] Cash Flow and Liquidity - Cash from operating activities for the six months ended June 30, 2023, was $1,002,249, which included a net loss of $3,204,948[152] - As of June 30, 2023, the company had cash of $133,777 and a working capital deficit of $2,136,160[154] - The company believes it has sufficient liquidity to sustain operations for at least the next twelve months due to improving transaction volume trends and positive cash flow in Q2 2023[155] Investments and Acquisitions - The company used $1,995,421 in investing activities, primarily for the acquisition of property and equipment and the purchase of an 80.01% interest in Cuentas SDI, LLC[153] - The company acquired 80.1% of Cuentas SDI, LLC, which focuses on marketing to underbanked communities, enhancing its service offerings[136] Other Financial Information - The company had total other expenses of $171,078 for the six months ended June 30, 2023, compared to other income of $393,179 for the same period in 2022[150] - The company had approximately $5,371,000 of outstanding liabilities as of June 30, 2023[154] - There were no subsequent events reported that would impact the financial outlook[157] Operational Developments - The company has integrated its OmniSoft applications with the eVance mobile payment gateway, currently used by approximately 3,000 merchants processing over $9,000,000 in monthly gross transactions[128] - The company plans to expand its cryptocurrency mining operations, aiming for a computing power of 500 petahash per second by the end of 2022[132]

Financial Performance - For the three months ended March 31, 2023, total revenue was $6,622,589, a decrease of $2,163,870 or 24.6% compared to $8,786,459 for the same period in 2022[118]. - The company reported a net loss of $2,615,405 for the three months ended March 31, 2023, compared to a net loss of $1,455,596 for the same period in 2022, an increase in loss of $1,159,809[123]. - Salary and wage expenses increased by $156,493 or 29.3% to $690,352 for the three months ended March 31, 2023, due to higher salaries and bonuses for officers[120]. - Processing and servicing costs decreased by $1,180,703 or 18.9% to $5,077,434, attributed to the reduction in merchant processing transactions[118]. - Transaction and processing fees for the three months ended March 31, 2023, were $6,353,471, down from $8,413,429 in the prior year, primarily due to the removal of approximately 700 non-compliant merchants[118]. Cash Flow and Liabilities - As of March 31, 2023, the company had cash of $64,627 and a working capital deficit of $1,824,026, with approximately $5,447,000 in outstanding liabilities[128]. - The company expects to sustain operations for at least the next twelve months due to improving transaction volume trends and positive cash flow anticipated in the second quarter[129]. Asset Management - The cryptocurrency mining segment recorded a depreciation expense of $799,717 for the three months ended March 31, 2023, down from $891,756 in the same period of 2022, a decrease of 10.3%[119]. - The company acquired a portfolio of merchants for $20 million, with $16 million paid at closing, and is seeking a reduction or cancellation of the final payment due to breaches of contract by the seller[114]. Technology Integration - The company has integrated its OmniSoft applications with the eVance mobile payment gateway, currently used by approximately 3,000 merchants processing over $9,000,000 in monthly gross transactions[110].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 000-52994 THE OLB GROUP, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 13-4188568 | | --- | --- ...