secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001683168-25-008167
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Empery Digital Reports Q3 2025 Net Loss of $34.6M and Repurchases 11.1M Shares Under $150M Program
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- Q3 2025 revenue was $198,301, down from $702,936 in Q2 2025; net loss of $34.6 million includes $14.1M unrealized loss on digital assets.
- Repurchased 11,082,934 shares at average price of $7.36 since implementing Bitcoin treasury strategy; $68.5M remains under $150M program.
- General & administrative expenses surged to $19.4M in Q3 due to one-time items including $8.1M stock compensation, $5.7M warrant costs, and a $2M settlement.
- Divested Volcon brand and four-wheel products to focus on two-wheel e-bikes; exploring cargo bike launch in Europe by H1 2026.
- Realized $955,087 net income from trading Bitcoin put/call contracts; total headcount reduced to 15 employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008167/0001683168-25-008167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008167/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008167

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