{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-23-001404","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.326710+00:00","generated_at":"2026-06-11T00:08:40.427013+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"medium","headline":"Janover Q2 revenue $602K, up 29% sequentially; completed IPO raising >$5M in July","bullets":["Revenue of $602K for Q2 2023, a 29% sequential increase from Q1 2023.","Revenue per transaction rose 48.9%, driven by larger average loan sizes.","IPO closed on July 25, 2023 on Nasdaq, raising over $5M.","Excluding one large Q2 2022 loan, base business would have increased YoY.","Management focused on scaling AI, marketplace, and SEO to drive growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-23-001404","json":"https://secwatch.observer/filing/0001575872-23-001404.json","markdown":"https://secwatch.observer/filing/0001575872-23-001404.md","text":"https://secwatch.observer/filing/0001575872-23-001404.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000157587223001404/0001575872-23-001404-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000157587223001404/jnvr-20230905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:08:40.427013+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c84aebf0cbc147d1b8c170883b5a998a3b8c6b49","claim":"DeFi Development Corp. reported quarter ended June 30, 2023 results: revenue $602 thousand.","evidence_excerpt":"“Despite industry-wide challenges and management’s focus on our IPO, we performed well during the second quarter of 2023, with second quarter 2023 revenue increasing to $602 thousand, a 29 percent sequential increase compared to the first quarter of 2023. Although we experienced a modest decline over the second quarter of 2022, we believe we outperformed the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805526/000157587223001404/0001575872-23-001404-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$602 thousand"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}