DRK

DarkHorse Technologies Inc.

$1.64

-3.82%

SectorTechnologyIndustrySoftware - InfrastructureCountryUnited States

Overview AI Brief ChartChart & Performance Financials ExposureRevenue Exposure FilingsFilings & Red Flags ScoresScores & Valuation News Analysts InsidersInsiders & Short Interest Ownership

DarkHorse Technologies Inc. operates as a digital infrastructure company. It focuses on operating and expanding power and data center assets for computing, AI workloads, and digital asset infrastructure. The company was formerly known as Sphere 3D Corp. and changed its name to DarkHorse Technologies Inc. in September 2026. DarkHorse Technologies Inc. is based in Stamford, Connecticut.

Source: Yahoo Finance

Market Cap$17.3M

Dividend Yield0.00%

AnalystsBuy+236.4% target

Beta3.35

AI summary

Price & performance

1M-32.5%

3M+18.4%

YTD-41.7%

1Y-73.2%

52-week range—

Beta3.35

Full chart and returns against a benchmark

Q-Score

25/ 100

Quality against peers; 50 is the peer median.

Growth31

Risk30

Performance43

Valuation30

Profitability20

Leverage31

Sentiment—

Every score and metric

News sentiment

Open News

Latest results · FY 2025

Revenue$11.2M-32.7%

Net income-$21.5M

Net margin-192.1%-135.1 pts

Historical fundamentals

Red flags in filings

2active red flags

Going-concern doubtMar 27, 2026

Exchange listing noticeFeb 27, 2026

Filings, findings and the timeline

Revenue exposure

Regions, segments, customers and suppliers

Valuation

DRKIndustryP/E—32.65P/S1.7111.31EV/EBITDA—22.36P/B0.938.64PEG—1.00

Dividend yield0.00%

Every valuation metric

Historical Fundamentals

Revenue

Net Income

Net Margin

Showing the last 4 periods. Pro adds the full annual and quarterly history and 20+ more metrics to chart.

Latest Results

The latest fiscal year and quarter, each against the same period a year earlier, from SEC filings.

Metric	FY 2025	vs a year before	Q3 2026	vs a year before
Revenue	$11.2M	-32.7%	$3M	—
Net Income	-$21.5M	—	-$5.8M	—
Net Margin	-192.1%	-135.1 pts	-190.6%	—

Obligations & Notes

From the notes to the annual report for fiscal 2025, ending December.

Impairments$7.2M

Q-Scores

OverallCombines the categories below, except Sentiment

Industry 6625

Growth

Industry 6931

Risk

Industry 6330

Performance

Industry 5843

Valuation

Industry 3330

Profitability

Industry 7720

Leverage

Industry 7231

Key Metrics

Fundamentals: trailing twelve months to Sep 2026, from the latest 10-K and 10-Qs.

Market Beta (5-factor)

IM 0.81SM 0.890.70

Market Cap

17.3M

Dividend Yield

IM 0.00%SM 0.00%0.00%

Volume

IM 1.1MSM 966.3K334.3K

Industry Market Share

0.00%

Sector Market Share

0.00%

IM industry median · SM sector median: the typical company the value is compared with. The /100 is its score against those peers.

Comparable Companies

The companies closest in size in Software - Infrastructure (filled from its sector when there are few), with the median and rank across all 166 in the industry.

Company	Market cap	P/E	EV/EBITDA	P/S	P/B	FCF yield	Revenue growth	Op. margin	ROE	Debt/equity
DRKDarkHorse Technologies Inc.	$17.3M	—	—	1.7	0.9	-116.9%	-8.8%	-334.8%	-180.8%	0.0
EXYNExyn Technologies, Inc.	$16.7M	—	—	3.1	3.0	-71.3%	-3.5%	-223.4%	-301.8%	0.3
BIRDSmartbird, Inc	$14.9M	—	—	0.1	0.7	-203.9%	57.0%	-54.3%	-341.9%	0.8
GOAIEva Live, Inc.	$21.5M	—	—	1.2	1.3	-26.5%	36.1%	-36.8%	-134.8%	0.0
INTZIntrusion Inc.	$13.6M	—	—	2.3	3.3	-66.6%	-15.2%	-190.9%	-271.0%	0.0
AIFAAll In FutureTech Alliance Inc.	$23.6M	—	—	3.6	0.8	-41.7%	-20.3%	-509.0%	-98.0%	0.0
MLGOMicroAlgo Inc.	$23.9M	1.3	—	0.4	0.1	10.4%	-20.3%	5.3%	5.5%	0.0
ORIOOrion Digital Corp.	$24.2M	—	5.6	0.5	0.4	-3.9%	0.7%	-5.2%	-16.8%	0.0
CHOWChowChow Cloud International Holdings Limited	$12.1M	—	—	0.4	1.4	-60.0%	37.5%	-9.4%	-34.7%	0.1
Industry median		26.9	17.2	3.0	3.0	1.5%	15.0%	1.9%	-0.3%	0.0
DRK percentile		—	—	35th	22nd	5th	14th	6th	9th	26th