| (Values in U.S. Thousands) | Dec, 2025 | Dec, 2024 | Dec, 2023 | Dec, 2022 | Dec, 2021 |
| Sales | 0 | 9,780 | 14,730 | 14,400 | 8,420 |
| Sales Growth | -100.00% | -33.60% | +2.29% | +71.02% | -15.21% |
| Net Income | -22,140 | -7,220 | -9,640 | -10,610 | -5,820 |
| Net Income Growth | -206.65% | +25.10% | +9.14% | -82.30% | +47.23% |
Stablecoin Development Corp (SDEV)
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Stablecoin Development Corporation is an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems. The Company's initial digital asset focus is the Sky protocol ecosystem, with SKY as its core holding. Stablecoin Development Corporation, formerly known as NovaBay Pharmaceuticals Inc., is based in EMERYVILLE, Calif.
Fiscal Year End Date: 12/31