1. United States of America Stocks

  2. •

    Technology

  3. •

    Information Technology Services
DarkHorse Technologies Inc.

DarkHorse Technologies Inc.

DRK
DarkHorse Technologies Inc.US flagNASDAQ
3.05
USD
+0.21
- -
26.55MMarket Cap
DarkHorse Technologies Inc.
DRK
(NASDAQ)

Recent

price

3.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.03
- -
7,817.18
28,094.8
21,507.04
1,417.37
381.04
145.04
57.67
8.44
6.42
18.06
8.39
3.84
2.53
Revenue per Share
-0.03
-0.03
-0.15
-2,696.85
-7,383.63
-17,420.51
-19,273.65
-2,945.66
-1,105.92
-111.3
-68.74
-40.42
-203.58
-19.3
-4.78
-7.37
-8.43
Basic EPS, GAAP
-0.02
-0.03
-0.09
-1,341.96
-7,571.1
-8,717.08
-4,985.92
-1,022.39
-323.95
-47.13
-30.71
-296.57
-51.43
-6.71
-6.83
-8.1
-5.61
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.51
- -
- -
- -
- -
- -
Dividend per Share
0.08
0.05
0.18
4,934.97
34,497.57
21,109.05
4,300.8
823.47
-176.87
-130.98
-60.15
250.28
8.57
17.25
15.45
6.87
1.86
Book Value per Share
0.08
0.05
0.14
3,842.73
-10,920.58
-9,297.09
-8,066.89
305.37
-326.16
-198
-95.68
180.88
-1.1
14.27
14.23
6.39
1.33
Tangible Book Value per Share
3
3
16
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
2
3
4
Basic Weighted Avg Shares
- -
- -
- -
- -
13
76
76
13
9
6
5
4
6
22
17
11
10
Sales/Revenue/Turnover
- -
- -
-596.6
- -
-89.38
-44.82
-38.52
-125.22
-139.76
-106.72
-117.14
-508.01
-1,109.43
-121.14
-98.31
-111.95
-149.86
Operating Margin (%)
- -
- -
- -
- -
3
7
6
6
4
1
1
6
28
6
7
7
6
Depreciation Expense
- -
- -
-2
-3
-13
-47
-68
-26
-26
-4
-6
-17
-193
-23
-9
-21
-32
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-601.28
- -
-94.45
-62.01
-89.62
-207.83
-290.23
-76.73
-119.2
-464.76
-3,172.63
-106.85
-57.02
-192.13
-332.5
Profit Margin (%)
- -
- -
2
6
-5
-10
-13
6
-6
-5
-4
73
4
8
14
7
- -
Working Capital
- -
- -
- -
- -
20
20
24
- -
- -
- -
1
- -
- -
- -
- -
- -
1
LT Debt
- -
- -
3
7
85
68
20
10
-6
1
5
270
45
27
39
23
17
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-30.11
-48.66
-160.41
-64.4
-27.48
-61.62
-154.56
-169.43
- -
- -
- -
- -
-163.61
-134.04
-28.77
-68.62
-137.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
3
Shares Outstanding
3
4
8
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9
7
6
Cash, Cash Equivalents & STI
4
3
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
6
Payables & Accruals
2
2
5
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
1

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
507.58%
1,033.27%
-40.74%
Free Cash Flow
483.56%
991.76%
74.68%
Net Income, GAAP
112.84%
238.76%
126.84%
Sales/Revenue/Turnover
8.08%
48.74%
-32.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
5
2
3
17
2025
3
3
3
3
11
2026
2
2
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.7
1.14
0.05
- -
-4.78
2025
-3.23
0.6
-1.49
- -
-7.37
2026
-1.18
-2.68
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Coforge Limited (COFORGE.NS)
HandsOn Global Management (HGM) Limited (HOVS.NS)
Datagroup Se (0W19.L)
nDivision Inc. (NDVNQ)
Ctac N.V. (CTAC.AS)
City Coolxuan Company Limited (8050.HK)
Business
Sphere 3D Corp., soon to be renamed DarkHorse Technologies Inc., is a digital infrastructure company that develops and operates Bitcoin mining and high-performance compute infrastructure, with its strategic focus now shifting toward AI-related digital infrastructure and power-optimized data center opportunities. Founded in 2007 and headquartered in Stamford, Connecticut, the company operates through North American digital infrastructure assets and has been repositioning its business from legacy mining toward broader compute and power monetization applications. Its core offerings include Bitcoin mining operations; hosting and co-mining arrangements; data center and power infrastructure development; strategic advisory and asset conversion initiatives tied to AI and high-performance compute; and related digital infrastructure services. In 2026, the company completed a business combination with Cathedra Bitcoin, entered 30 MW co-mining agreements with Bitdeer, engaged EA Advisors LLC for AI and high-performance compute strategy, and announced a private placement expected to raise $5.0 million while moving to monetize non-core assets and evaluate additional infrastructure expansion. The company also completed a reverse stock split in February 2026, advanced a 90-day strategic review, and approved a corporate name change to DarkHorse Technologies Inc., with Nasdaq ticker DRK expected to take effect subject to exchange procedures.