ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025

Core Insights - ThreeD Capital Inc. reported its unaudited financial results for the three and nine months ended March 31, 2025, highlighting a focus on opportunistic investments in junior resources and disruptive technologies sectors [1][6] - The company experienced a decline in net asset value per share, dropping to $0.53 from $0.86 as of June 30, 2024 [2] Financial Highlights - As of March 31, 2025, the company had cash, investments, and digital assets totaling $37.4 million [1] - For the three months ended March 31, 2025, net investment and digital assets losses were reported at $(5,463,310), compared to gains of $4,486,530 in the same period of 2024 [2] - Operating, general, and administrative expenses for the nine months ended March 31, 2025, were $(2,812,064), an increase from $(2,581,273) in the previous year [2] - Total comprehensive loss for the period was $(5,463,838) for the three months ended March 31, 2025, compared to a gain of $3,708,589 in the same period of 2024 [2] Consolidated Financial Position - Total assets as of March 31, 2025, were $41,016,482, down from $56,174,715 as of June 30, 2024 [3] - Total liabilities decreased significantly to $633,307 from $11,455,313 [3] - The company reported a deficit of $(116,507,660) as of March 31, 2025, compared to $(107,729,192) as of June 30, 2024 [3] Management Commentary - The Chairman and CEO noted that despite the losses, the company's portfolio remains fundamentally strong, with key investments in micropayments, artificial intelligence, and digital assets achieving significant milestones [3]