{"filings":[{"id":536796,"accession_number":"0001437749-26-017872","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-05-20T12:38:54+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"SDEV Q1 2026 operating income $22.3M vs loss $3.3M YoY; GAAP net income $552.4M driven by non-cash warrant gains","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Operating income of $22.3 million vs operating loss of $3.3 million in Q1 2025; staking revenue $2.5M, unrealized gain on digital assets $22.7M.","GAAP net income $552.4M includes net non-cash warrant-related gains: $5.8B gain offset by $5.3B loss, both non-cash and non-operating.","Held 2.15B SKY tokens (9% of supply) at Mar 31, 2026, cost basis $137.4M, fair value $160.1M; 2.26B SKY as of May 14, 2026.","Post-quarter: purchased 86.5M SKY for ~$6.5M on open market; ATM program raised $0.6M net, $85.7M remaining.","Digital assets $160.1M; cash $18.4M; total assets $179.7M as of Mar 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":3.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":2463000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92569,"accession_number":"0001437749-26-013891","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["4.02"],"status":"ready","headline":"SDEV restates 2025 financials; warrant error increases net loss from $22.1M to $630.8M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee concludes 2025 financials non-reliable due to pre-funded warrant accounting error.","Anti-dilution triggered by preferred stock conversion increased shares issuable from 1.08M to 22.66M; exercise price cut from $0.05 to $0.002385.","Warrant liability restated from $30.4M to $639.1M; net loss restated from $22.1M to $630.8M (all non-cash).","No impact on cash, revenue, operating expenses, or cash flows; 10-K/A to be filed.","Warrants reclassified from liability to equity after stockholder approval in March 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92568,"accession_number":"0001437749-26-011312","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stablecoin Dev Corp trades on NYSE American under SDEV; holds 2.15B SKY tokens (9.15% supply)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name change to Stablecoin Development Corp effective April 2; ticker changed to SDEV.","Holds 2.15B SKY tokens as of March 31, 2026, representing 9.15% of total supply.","Earned 35.3M SKY tokens in cumulative staking rewards since commencing on-chain staking.","Acquired 1.17B additional SKY on open market since Jan 2026 private placement at avg $0.065 per token.","Strategic repositioning as on-chain holding company focused on Sky protocol ecosystem."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92567,"accession_number":"0001437749-26-010902","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"NovaBay shareholders approve 2026 equity plan; CEO gets ~19.6M RSUs/PSUs; name change to Stablecoin Development Corp","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved 2026 Equity Incentive Plan on March 12, 2026, authorizing 22,223,927 initial shares plus annual increases.","CEO Michael Kazley granted 4,118,828 RSUs (cliff vest Feb 2027) and 15,445,603 PSUs (five-year performance hurdles).","CFO Tommy Law granted 300,000 RSUs vesting in three equal installments through Jan 2029.","Company to change legal name to 'Stablecoin Development Corporation' effective April 2, 2026, ticker to SDEV.","New employment agreements for CEO (no salary until Jan 2027, then $200K) and CFO ($200K salary, target bonus 50%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103506,"accession_number":"0001437749-26-009301","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"NovaBay to rename Stablecoin Development Corp; holds 2.06B SKY tokens (8.78% of supply)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name change to Stablecoin Development Corporation; ticker changes from NBY to SDEV effective Apr 3, 2026.","Holds approx. 2.06 billion SKY tokens (~8.78% of total supply) as of March 16, 2026.","Cumulative staking rewards of 26.6 million SKY tokens earned from on-chain staking.","Acquired 1.09B additional SKY on open market at avg ~$0.065/token using $70.7M from private placement.","January 2026 private placement raised ~$134M from R01 Fund, Framework Ventures, Tether Investments, Sky Frontier Foundation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103505,"accession_number":"0001437749-26-008015","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"NovaBay shareholders approve 5B authorized shares, officer exculpation, and 2026 equity plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Authorized common stock increased from 1.5B to 5B shares; prohibition on stockholder action by written consent removed.","Stockholders approved issuance of ~838M shares upon exercise of pre-funded warrants from Jan 2026 private placement.","Stockholders approved issuance of ~5.4M shares upon exercise of pre-funded warrants from Oct 2025 private placement.","Adoption of 2026 Equity Incentive Plan approved; officer exculpation provisions adopted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103504,"accession_number":"0001437749-26-004922","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"NovaBay Pharmaceuticals effects 1-for-5 reverse stock split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split effective at 4:15 p.m. ET on Feb 20, 2026; trading on split-adjusted basis from Feb 23.","Ratio 1-for-5; no fractional shares issued (additional whole share provided for fractions).","Authorized shares unchanged at 1.5 billion; par value remains $0.01 per share.","Trading symbol unchanged as 'NBY'; new CUSIP number 66987P508.","Stockholder approval obtained Oct 16, 2025; Board approved ratio on Feb 11, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103503,"accession_number":"0001437749-26-003846","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay announces 1-for-5 reverse stock split effective Feb 20, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse split ratio 1-for-5; effective after market close on Feb 20, trading on split-adjusted basis Feb 23.","Outstanding shares reduced from ~130.6M to ~26.1M; no change in authorized shares or par value.","Aims to regain compliance with NYSE American minimum price requirement; symbol remains 'NBY'.","New CUSIP number assigned: 66987P 508; fractional shares rounded up to full share."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103502,"accession_number":"0001437749-26-002586","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["4.01","8.01"],"status":"ready","headline":"NovaBay hires CBIZ as auditor, sets special meeting for warrant exercise vote","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Engaged CBIZ CPAs, P.C. as independent registered public accounting firm for FY 2025, effective January 30, 2026.","No prior consultations or disagreements with CBIZ regarding accounting principles or audit opinions.","Special meeting of stockholders on March 12, 2026 to vote on issuance of common stock upon exercise of pre-funded warrants from private placements in October 2025 and January 2026.","Record date for special meeting is February 10, 2026; definitive proxy statement to be mailed on or about February 13, 2026.","No specific figures on warrant shares or exercise prices disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103501,"accession_number":"0001437749-26-002309","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"NovaBay auditor Withum declines re-appointment; dissolution plan noted in prior audit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["WithumSmith+Brown declined to stand for re-appointment as auditor for FY2025 as of Jan 22, 2026.","No disagreements or reportable events existed during the past two fiscal years or interim period.","Withum's prior audit included an explanatory paragraph about stockholder approval to dissolve and distribute assets.","Company is in the process of identifying a new independent registered public accounting firm."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103500,"accession_number":"0001437749-26-001490","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NovaBay enters $100M ATM equity distribution agreement with Virtu Americas LLC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company may sell up to $100M of common stock from time to time through Virtu as sales agent.","Virtu will receive a commission of up to 2.0% of gross proceeds from any sales.","Sales will be made via at-the-market offerings on NYSE American or other trading markets.","Offering is under existing shelf registration statement S-3 (File No. 333-290712) and prospectus supplement dated Jan 20, 2026.","Company is not obligated to sell any shares; agreement may be terminated by either party under specified conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103499,"accession_number":"0001437749-26-001459","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2026-01-16T23:59:59+00:00","items":["1.01","3.02","8.01","9.01"],"status":"ready","headline":"NovaBay raises $134M via pre-funded warrants, pivots to digital asset strategy focused on SKY tokens","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued pre-funded warrants for 837.7M shares at $0.17/warrant, gross proceeds ~$134M.","Initial digital asset holdings: 943.6M SKY tokens; strategy targets SKY as primary asset.","Purchasers receive board nomination rights and consent over Digital Asset Strategy changes for 24 months.","Company adopts ASU 2023-08, fair value accounting for crypto assets; earnings will be volatile.","Business realignment from wound care to digital asset holding; risks include SKY volatility and regulatory uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119761,"accession_number":"0001829126-25-008338","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-10-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay creates Series E Non-Voting Convertible Preferred Stock","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filed Certificate of Designation for Series E Preferred Stock with Delaware on Oct 16, 2025.","Series E is non-voting and convertible, but conversion terms and dividend rate not disclosed in this filing.","Filed as Exhibit 3.1 to 8-K; no further details provided in the body or appended exhibits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119760,"accession_number":"0001829126-25-008295","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay regains NYSE American continued listing compliance by raising ~$8.15M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE American notified NovaBay on Oct 20, 2025 that it resolved all deficiencies under Sections 1003(a)(i)-(iii).","The company raised ~$6.0M net from pre-funded warrants and ~$2.15M from Series E preferred stock.","Stockholders' equity now exceeds the $6.0M minimum required by NYSE American listing rules.","Previously disclosed non-compliance dated April and May 2024 regarding stockholders' equity shortfall."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119759,"accession_number":"0001829126-25-008237","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-10-20T23:59:59+00:00","items":["1.01","3.02","3.03","5.01","5.02","5.03","5.07","9.01"],"status":"ready","headline":"NovaBay: Change of control as R01/Framework each own 45.1%; new CEO; reverse split approved","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["R01 Fund LP and Framework Ventures IV each beneficially own 45.1% of outstanding common stock post-conversion.","Michael Kazley appointed CEO and Chairman; former CEO David Elliot Lazar and four directors resigned.","Stockholders approved a reverse stock split at a ratio of 1-for-2 to 1-for-10, to be determined by Board.","Pre-funded warrants sold for $6M aggregate gross proceeds; exercisable at $0.01 after Jan 1, 2026.","Series D and E preferred shares convertible into 77M and 43M common shares, respectively."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119758,"accession_number":"0001829126-25-007992","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-10-09T23:59:59+00:00","items":["5.02","8.01"],"status":"ready","headline":"CEO David Lazar resigns; R01 and Framework to buy preferred shares, gaining ~90% ownership","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO David Lazar resigned effective upon release of escrow funds from a securities purchase agreement.","Lazar agreed to sell 441,325 Series D Preferred shares and rights to 268,750 Series E shares to R01 Fund LP and Framework Ventures IV L.P.","Purchasers expected to own ~90% of outstanding common stock after stockholder approval of proposals at the Oct 16 annual meeting.","Transaction is contingent on stockholder approval of proposals 5 and 9 at the October 16, 2025 annual meeting.","Company agreed to perform its obligations under the August 2025 Securities Purchase Agreement for the benefit of the purchasers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136328,"accession_number":"0001829126-25-007498","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-09-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"NovaBay reminds of $0.80 special dividend due bill period and Oct 16 annual meeting","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["One-time special cash dividend of $0.80 per share payable Sept 29 to holders of record Sept 15.","Due to dividend >25% of stock price, NYSE American requires due bills from Sept 15 through Sept 29 close.","Stockholders selling during due bill period (Sept 15-29) forfeit dividend right to buyer.","Annual meeting set for Oct 16; record date Sept 22; preliminary proxy filed Sept 10.","CEO assures special dividend won't hinder evaluation of strategic alternatives; optimistic about future."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136327,"accession_number":"0001829126-25-006735","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay declares $0.80 special dividend; record date Sep 15, pay date Sep 29","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $0.80 per common share declared by Board and Special Transaction Committee.","Dividend payable Sep 29, 2025 to stockholders of record as of close of business Sep 15, 2025.","Dividend funded from cash segregated at First Closing of $3.85M Investment Transaction with David E. Lazar.","NYSE American requires due bill trading from Sep 15 through Sep 29; sellers during that period forfeit dividend right.","CEO David Lazar states dividend reflects commitment to shareholder value and exploring strategic alternatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136326,"accession_number":"0001829126-25-006520","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["1.01","5.02","5.03","3.02","3.03","8.01","9.01"],"status":"ready","headline":"NovaBay sells ~95% of diluted shares to David Lazar for $6M; names him CEO; plans special dividend","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Lazar purchased 481,250 Series D preferred shares for $3.85M at First Closing; will buy 268,750 Series E shares for $2.15M later.","Series D/E convert into 120M common shares total (~95% of fully diluted shares); conversion blocked until shareholder approval.","Lazar appointed CEO and director; former CEO Justin Hall becomes VP of Business Development, GC and Secretary.","Company expects to declare a special dividend of at least $0.80/share in Q4 2025, funded from cash segregated into separate account.","Shareholder meeting in Q4 2025 to approve conversion, increase authorized shares to 300M, reverse stock split, and other proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153448,"accession_number":"0001437749-25-012710","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"NovaBay shareholders approve liquidation and dissolution plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal to dissolve company passed with 3,080,743 votes for, 42,531 against, 228 abstain.","Approval represents over 50% of outstanding shares (5,816,204 total) as of record date.","Board retains discretion to authorize dissolution; if not, company continues.","Discretionary adjournment proposal also approved (3,082,192 for, 38,562 against, 2,748 abstain)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172191,"accession_number":"0001437749-25-007045","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NovaBay settles warrant disputes with Sabby, Bigger, District 2; secures voting support for dissolution","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sabby settlement: exercises 263,892 warrants at $0.66/share; company buys back remaining 1,008,834 warrants for $1.125M.","Bigger and District 2 settlements: each exercises 131,946 warrants at $0.66; company buys back 504,416 warrants each for ~$344,924.","Sabby, Bigger, District 2 commit to vote for dissolution; liquidated damages of $425K (Sabby) or $150K each for non-compliance.","Most favored nations clause: NovaBay must pay Sabby difference if other warrant holders get higher buyback price per share.","Parties exchange mutual releases; warrants cancelled; company proceeds with asset sale (closed Jan 17) and dissolution plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172190,"accession_number":"0001437749-25-006555","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"NovaBay sets April 16 special meeting for dissolution vote; hires Lucid Capital for alternatives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting on April 16, 2025; record date March 18, 2025. Stockholders to vote on complete liquidation/dissolution.","Previous dissolution vote failed (≈49% support), short of required majority of outstanding shares.","Engaged Lucid Capital Markets to explore strategic alternatives: mergers, reverse mergers, partnerships, licensing.","Engagement fees: $100k upfront, up to $250k monthly, $800k transaction fee, $300k fairness opinion fee.","CEO says board evaluating multiple paths forward regardless of special meeting outcome."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172189,"accession_number":"0001437749-25-002747","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"NovaBay shareholders reject liquidation proposal; board plans new vote","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On Jan 30, 2025, stockholders voted down Proposal Two (liquidation/dissolution); 49% of outstanding shares voted for, below the required >50%.","Breakdown: 2,394,836 for, 320,073 against, 48,214 abstain; 88% of votes cast supported the proposal.","Asset sales closed Jan 8 (wound care to Phase One Health) and Jan 17, 2025 (Avenova eyecare to PRN), leaving company with no operating assets.","Board will call a new special meeting to seek approval for liquidation under the Plan of Dissolution.","If approved, dissolution process under Delaware law is expected to take at least 9 months; distributions to stakeholders will follow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172188,"accession_number":"0001437749-25-001634","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["2.01","5.07","8.01","5.02","9.01"],"status":"ready","headline":"NovaBay completes $11.5M Avenova asset sale; dissolution vote adjourned to Jan 30","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed sale of Avenova eyecare business to PRN for $11.5M cash, net of $507,954 bridge loan payoff and $500K escrow.","Stockholders approved asset sale at reconvened special meeting on Jan 16, 2025.","Dissolution proposal has ~49% of outstanding shares in favor; meeting adjourned to Jan 30, 2025 to seek additional votes.","CEO Justin Hall states proceeds will be used to optimize value for stockholders via planned liquidation.","PRN entered a Transition Services Agreement (4 months) and a separate $85K consultancy with CFO Tommy Law."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172187,"accession_number":"0001437749-25-001566","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-01-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"NovaBay extends CEO Justin Hall's employment term to Dec 31, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Third Amendment to CEO Justin M. Hall's employment agreement extends his term through December 31, 2025.","Amendment effective December 31, 2024; no other changes to compensation or terms.","Employment remains at-will and continues under the original agreement's provisions.","Chairman Paul Freiman executed the amendment on behalf of the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172186,"accession_number":"0001437749-25-000796","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2025-01-10T23:59:59+00:00","items":["1.01","2.01","9.01"],"status":"ready","headline":"NovaBay sells wound care trademarks and inventory for $626,000 to Phase One Health LLC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold NeutroPhase, PhaseOne, OmniPhase trademarks for $500,000 to Phase One Health LLC.","Sold wound care inventory for $126,000 under Transition Services Agreement.","Wound care assets were excluded from prior Avenova eyecare sale to PRN.","Proceeds to be used for working capital and general corporate purposes.","Sale completed on January 8, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189169,"accession_number":"0001437749-24-037893","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"NovaBay special meeting adjourned again; asset sale and dissolution votes still short of needed 50% threshold","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting reconvened Dec 18, 2024 adjourned to Jan 16, 2025 due to insufficient votes.","Proposal One (Avenova asset sale) has 89.3% support among voted shares; Proposal Two (dissolution) 88.2%.","Both proposals require favorable votes from 50% of all outstanding shares to pass.","ISS recommended voting FOR both proposals; company continues to solicit votes.","Record date Oct 15, 2024; stockholders can vote until Jan 15, 2025 11:59 pm ET."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189168,"accession_number":"0001437749-24-036055","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-11-22T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"NovaBay adjourns special meeting on asset sale and dissolution; insufficient votes, reconvenes Dec 18","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting Nov 22: only 43% of shares represented, insufficient votes for 50% threshold.","Proposal One (sale of Avenova assets to PRN): ~89% of votes cast in favor.","Proposal Two (liquidation and dissolution): ~88.5% of votes cast in favor.","Adjourned to Dec 18, 2024 for further proxy solicitation.","ISS recommended voting FOR both proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189167,"accession_number":"0001437749-24-033650","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"NovaBay revises Avenova sale to PRN; base price upped to $11.5M, bridge loan secured","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Base purchase price for Avenova assets increased from $9.5M to $11.5M.","PRN provides up to $1.0M secured bridge loan at 10% interest, repayable from purchase price at closing.","Board determined Refresh proposal no longer superior; ended engagement with Refresh.","Special meeting to approve transaction remains scheduled for November 22, 2024.","Debt financing contingencies removed; PRN represents it has sufficient funding for the purchase price."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189166,"accession_number":"0001437749-24-032365","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay receives superior offer from Refresh Acquisitions for Avenova at $11.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Refresh offers $11.5M base purchase price for Avenova assets, vs $9.5M from PRN.","Refresh provides $2M secured term loan at 10% interest, expected to be repaid at closing.","Board determined Refresh offer is a Superior Proposal; PRN has until Nov 4, 2024 to counter.","PRN deal remains in effect; board has not withdrawn recommendation pending PRN's response.","Refresh affiliate RVL Pharmaceuticals markets Upneeq; complements Avenova products."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189165,"accession_number":"0001437749-24-031362","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-10-16T23:59:59+00:00","items":["2.02","7.01"],"status":"ready","headline":"NovaBay reports $776K cash as of Sept 30; sets Nov 22 special meeting for asset sale and dissolution","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Preliminary unaudited cash and cash equivalents of $776,000 as of September 30, 2024.","Special meeting of stockholders scheduled for November 22, 2024 to approve asset sale of Avenova brand and potential dissolution.","Asset sale to PRN Physician Recommended Nutriceuticals, LLC involves substantially all operating assets.","Company expects to file Q3 2024 Form 10-Q later; cash figure is preliminary and subject to change."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205658,"accession_number":"0001437749-24-029642","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["1.01","8.01","2.05","7.01","9.01"],"status":"ready","headline":"NovaBay to sell Avenova brand for $9.5M to PRN; plans dissolution","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NovaBay signs definitive agreement to sell Avenova assets to PRN for $9.5M cash; closing expected Q4 2024.","Sale requires stockholder approval; company plans complete liquidation and dissolution if approved.","CEO says Avenova will continue under PRN, which has network of 5,000+ eyecare professionals.","Post-closing, NovaBay will distribute net proceeds to stockholders and other stakeholders per Delaware law.","Termination fee of $500,000 payable to either party under specified conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205657,"accession_number":"0001437749-24-023740","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-07-29T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"NovaBay raises ~$3.87M in public offering to redeem convertible debentures due Nov 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Gross proceeds $3.87M; offering included 1.16M shares, 2.04M pre-funded warrants, and 3.54M each of Series F-1/F-2/F-3 warrants.","Pre-funded warrants priced at $1.09/unit; common shares at $1.10/unit; all warrants have exercise price of $1.10.","Proceeds to redeem outstanding Original Discount Senior Secured Convertible Debentures due Nov 1, 2024 and for working capital.","Closing on July 29, 2024; pro forma shares outstanding of 3,966,604 after exercise of pre-funded warrants.","Ladenburg Thalmann acted as sole bookrunner; warrants include a one-time price reset after 60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205656,"accession_number":"0001437749-24-022526","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-07-11T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"NovaBay reports prelim Q2 2024 net revenue $2.4M; eyecare revenue up 9% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q2 2024 net revenue of $2.4M; H1 2024 net revenue $5.0M.","Eyecare net revenue increased 9% for both Q2 and H1 2024 vs prior-year periods.","Avenova Amazon subscribers up 64% since start of 2023, 123% since start of 2022.","Subscribers ~23% of online Avenova H1 revenue; expects slight YoY decline in sales & marketing.","Expects 2024 eyecare net revenue of approximately $10M."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":5873000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222590,"accession_number":"0001437749-24-020277","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-06-14T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NovaBay enters warrant reprice transactions, expects ~$226K gross proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Existing warrant holders exercise ~90,381 shares at reduced price of $2.50, providing ~$225,952.","Company issues new Series E warrants at $2.57, exercisable after 6 months for 5.5 years.","Placement agent Ladenburg Thalmann earns 8% fee plus up to $50K expense reimbursement.","Company will file resale registration statement for new warrant shares within 90 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222589,"accession_number":"0001437749-24-019536","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"NovaBay gets NYSE American acceptance of compliance plan; trading continues with .BC indicator","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["NYSE American accepted plan on June 4, 2024; plan period runs through October 18, 2025.","Non-compliance due to stockholders' equity below thresholds under Sections 1003(a)(i)-(iii).","Common stock (NBY) continues listing with '.BC' indicator; quarterly monitoring for compliance progress.","CEO Justin Hall cites divestiture of unprofitable segment and focus on Avenova eyecare products.","Failure to regain compliance or sufficient progress by Oct 2025 may lead to delisting proceedings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222588,"accession_number":"0001437749-24-018930","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-05-31T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"NovaBay effect 1-for-35 reverse stock split effective May 30, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-35 ratio; effective 4:15 p.m. ET on May 30, 2024.","No fractional shares; additional whole share issued for fractional entitlements.","Authorized shares unchanged at 150,000,000; par value remains $0.01 per share.","Common stock began trading on split-adjusted basis May 31, 2024 under symbol NBY.","New CUSIP number is 66987P 409; same NYSE American listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222584,"accession_number":"0001437749-24-018922","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K/A","filed_at":"2024-05-31T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"NovaBay reports pro forma Q1 2024 net loss $2.3M after DERMAdoctor sale; 1:35 reverse split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma Q1 2024: product revenue $2.6M, net loss from cont. ops $2.3M (vs historical $3.1M).","FY2023 pro forma: net loss $5.8M (historical $9.6M); revenue reduced $3.6M from discontinued DERMAdoctor.","1-for-35 reverse stock split effective May 30, 2024, retroactively applied to pro forma per-share data.","Cash proceeds from DERMAdoctor sale were $1.07M; pro forma loss on divestiture $0.98M as of Dec 31, 2023.","Company now solely focused on remaining eye-care operations (Avenova) after divestiture."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222587,"accession_number":"0001437749-24-018612","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-05-29T23:59:59+00:00","items":["3.01","5.07","8.01","9.01"],"status":"ready","headline":"NovaBay receives additional NYSE non-compliance notice; approves 1-for-35 reverse split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders' equity $160k as of March 31, below $2M minimum; delisting risk if not cured by Oct 2025.","Board approved 1-for-35 reverse stock split effective May 30, 2024; shares reduce from ~40.3M to ~1.15M.","All 5 proposals at 2024 annual meeting passed, including reverse split and issuance of shares on warrants/notes.","Audit opinion includes going concern paragraph; company faces ongoing losses and equity deficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222586,"accession_number":"0001437749-24-012606","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-04-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"NovaBay issues corporate update presentation; no specific financial figures disclosed.","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filed a corporate update presentation on April 22, 2024, discussing operations and business strategy.","Presentation focuses on driving sales and executing strategy, but no quantitative targets or metrics provided.","No earnings, guidance, or material events mentioned in the filing or available exhibit text.","Investors referred to forward-looking statements and risk factors in prior SEC filings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222585,"accession_number":"0001437749-24-012586","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-04-19T23:59:59+00:00","items":["3.01","8.01","9.01"],"status":"ready","headline":"NovaBay receives NYSE American delisting notice for insufficient stockholders' equity","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Stockholders' equity was $3.3M as of Dec 31, 2023, below $4M and $6M thresholds.","Must submit compliance plan by May 18, 2024; regain compliance by Oct 18, 2025 to avoid delisting.","Trading continues with '.BC' indicator appended to ticker; no immediate impact on operations.","Company intends to submit a plan to NYSE American within prescribed timeframe."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242105,"accession_number":"0001437749-24-009336","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-03-26T23:59:59+00:00","items":["2.01","2.03","3.02","9.01"],"status":"ready","headline":"NovaBay sells DERMAdoctor for $1.07M; issues warrants/notes to secured parties","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold wholly-owned subsidiary DERMAdoctor for $1,070,000, adjusted for debt and expenses.","To obtain secured-party consent, issued Series D Warrants for 1M shares and $525K New Notes convertible into 3.75M shares.","Transaction closed March 25, 2024; warrants and notes issued under private placement exemption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242104,"accession_number":"0001437749-24-009117","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-03-25T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"NovaBay sells DERMAdoctor for $1.07M; issues warrants/notes to secured parties as consent","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale of DERMAdoctor to New Age Investments LLC for $1.07M, expected to close March 25, 2024.","Secured parties received Series D warrants (exercise $0.14, 1M shares each) or new convertible notes ($525K total, conversion $0.14) as consideration.","Conversion price of Series C Preferred Stock adjusted from $0.25 to $0.14 due to anti-dilution, adding ~2.79M common shares issuable.","Warrants and notes are unregistered, relying on private placement exemptions; warrants exercisable only after stockholder approval.","Subsidiary guarantee and DERMAdoctor's assets released as collateral upon closing of the sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242103,"accession_number":"0001437749-24-007754","cik":1389545,"company_name":"Stablecoin Development Corp","ticker":"SDEV","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"NovaBay sells DERMAdoctor skincare for $1.07M; reports Q4 net sales $3.7M, operating loss $3.2M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sells DERMAdoctor for ~$1.07M cash to New Age Investments; closing expected by March 31, 2024.","Q4 2023 net sales $3.7M (DERMAdoctor $0.9M, eyecare/wound care $2.8M); operating loss $3.2M.","FY 2023 net sales $14.7M, operating loss $7.4M including $2.5M non-cash impairment of DERMAdoctor assets.","CEO says sale reduces operating expenses and provides cash to focus on core Avenova business and Eyenovia partnership.","Cash as of Dec 31, 2023 was $3.1M; convertible notes $1.1M net."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":37148434.62857143,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}