Bonk, Inc. Reports Q3 Financial Results: Emerges Debt-Free with $9 Million in Cash and 1,200% Revenue Growth

Core Insights - Bonk, Inc. has completed its strategic transformation, settling legacy obligations and achieving its first-ever gross profit in the beverage segment, positioning itself for positive cash flow in the near future [1][2][5] Financial Performance - The company reported beverage sales of $1.51 million for the quarter, representing a more than 1,200% increase compared to $110,213 in the same period last year [8] - A gross profit of $543,142 was achieved, a significant turnaround from a gross loss of $(292,186) in the prior year period [8] - The company recorded $509,085 in related party income from digital assets, highlighting the financial impact of the new letsBONK.fun revenue-sharing agreement [8] Operational Developments - The beverage division is now free from the debts associated with the Yerbaé acquisition, allowing for improved profit margins as cost-streamlining measures take effect [5] - The digital asset strategy is yielding results sooner than expected, contributing to a high-margin, recurring income stream [5] Balance Sheet Strength - Bonk, Inc. has eliminated its legacy debt and holds approximately $9 million in cash as of September 30, 2025, providing a solid foundation for future growth without the need for immediate dilutive capital raises [2][8] - The company is on track to become cash flow positive as early as the fourth quarter of 2025 or the first quarter of 2026 [7]