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BALCAO · FINANCE SERVICES · SMALL CAP

I-on Digital Corp. IONI

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$433,012
▲ 1227.2% YoY
$-2.9M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

I-ON develops and provides solutions for digitizing and securitizing real-world assets (RWA). We convert fully documented proof of ownership into secure, asset-backed digital certificates, making it easier to establish value and enable financial transactions readily applicable to a wide range of asset types. I-ON is, at its core, a financial technology company building a secure, transparent, and compliant digital asset ecosystem for institutions and investors – using its proprietary blockchain, smart contracts, and AI to verify ownership, confirm asset reserves (Proof-of-Reserves/POR), and ensure responsible handling of digital assets from the point of initial capture through settlement and reporting cycles. I-ON generates revenue through licensing fees, service charges, and transaction fees related to asset digitization, escrow and custody services, and a growing intellectual property portfolio, with offerings designed for adoption by established institutions in banking, financial services, and technology. As of December 31, 2025, I-ON had five total employees, four full-time and one part-time. I-ON Digital Corp. (the “Registrant” or “Company”), was incorporated under the laws of the State of Delaware in 2013 as ALPINE 3 Inc. Subsequently, the Company’s name was changed to “Evans Brewing Company, Inc.” in 2014, to “I-ON Communications Corp.” in 2018 and to “I-ON Digital Corp.” in 2019.

Written from the business description in I-ON Digital Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth

USD 433,012.00
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.4 · Net income -2.9
5M10M-2M-3M
20142017202020232025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−666 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -638.7% · Net -666.0%
-1000%-2000%-3000%
201420192025
ROE
FY2025 · ROE -19.2%
10%20%-50%-100%-150%
201420192025
Three returns, three denominators.

Each USD of equity lost 19 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2021 · FCF 0.1
1M2M-1M-2M
201420192025
Net buybacks $ Dividends $
FY2019 · Dividends · · Net buybacks 0.0
250000.0500000.0
201720182019

Total assetsUSD 18.3M
EquityUSD 14.3M
CashUSD 158,193.00
Current ratio0.07×

Equity funds 78% of total assets.

The 12-year record

12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
IONI, 12-year financial record
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.00.00.00.0−0.0−0.00.0−0.0◌0.0
EBITDA $B◌◌◌◌0.00.0−0.0−0.00.0−0.0◌0.0
Income tax $B◌◌0.00.0−0.00.00.0−0.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.00.00.0−0.00.00.0−0.0−0.00.0
Free cash flow $B◌◌◌◌0.00.0−0.00.0−0.0−0.0◌◌
EPS, diluted $−0.09−0.07−0.03◌0.060.05−0.020.000.00−0.24−0.08◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————
ROE %−19.2−11.4——21.221.1−10.21.10.4−150.2−42.812.0
Shares out B0.030.030.030.020.040.040.040.040.000.000.000.00

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 56 reconciliationsAUDITED

Reconciled in 12 of the 12 fiscal years we could check. 14 checks were skipped: the balance sheet is not tagged before 2014. Seven checks were skipped: EPS is not tagged before 2014. Seven checks were skipped: revenue is not tagged before 2014.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityFinance Services
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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