secwatch.observer — SEC 8-K summary
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Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001477932-25-008089
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi reports Q1 digital asset revenue of $6.1M; net income $66.7M vs loss of $1.6M YoY
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- Total revenue $9.2M (up 109% YoY); digital asset revenue $6.1M, consumer brands $3.2M.
- Gross profit $8.3M, up 183% YoY, driven by digital asset staking income.
- Net income $66.7M ($1.21 EPS) vs net loss of $1.6M; includes ~$78M unrealized gain on Solana.
- Closed $200M private placement of common stock and convertible notes; announced $500M equity line.
- Cash and equivalents $2.2M at Sep 30, 2025; 59.9M shares outstanding as of Nov 12, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793225008089/0001477932-25-008089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793225008089/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-008089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer