{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-24-000301","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.602594+00:00","generated_at":"2026-06-04T06:23:54.843447+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Janover reports FY2023 revenue $2.0M, net loss $3.4M; small business revenue doubles again","bullets":["Revenue per transaction increased 54% YoY.","Small business revenue grew >100% for second consecutive year.","Revenue $2.0M vs $2.2M; net loss $3.4M ($0.40) vs $1.3M ($0.18).","Adjusted EBITDA loss $1.9M; cash $5.1M as of Dec 31, 2023.","Completed IPO July 2023 raising $5M; acquired Groundbreaker Tech (recurring SaaS)."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-24-000301","json":"https://secwatch.observer/filing/0001575872-24-000301.json","markdown":"https://secwatch.observer/filing/0001575872-24-000301.md","text":"https://secwatch.observer/filing/0001575872-24-000301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000157587224000301/0001575872-24-000301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000157587224000301/jnvr-20240328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:23:54.843447+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":"7d03af2c878f0ba341bdb50807ea735eae0678f3","claim":"DeFi Development Corp. reported the year-ended December 31, 2023 results: revenue $2.0 million, net income Net loss was $3.4 million, or $0.40 basic and diluted loss per share, EPS $0.40 basic and diluted loss per share.","evidence_excerpt":"(SBA), increased more than 100%, for the second consecutive year; · Completed IPO in July 2023 and raised over $5.0 million in all common stock; · Generated revenue of $2.0 million in 2023, versus $2.2 million in 2022, despite significant industry declines and Company’s focus on building the platform in 2023—positioning Janover for growth in 2024; and ·","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805526/000157587224000301/0001575872-24-000301-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year-ended December 31, 2023"},{"label":"Revenue","value":"$2.0 million"},{"label":"Net income","value":"Net loss was $3.4 million, or $0.40 basic and diluted loss per share"},{"label":"EPS","value":"$0.40 basic and diluted loss per share"},{"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"}