SDEV

Stablecoin Development Corporat

$0.85

-4.46%

SectorFinancial ServicesIndustryAsset ManagementCountryUnited States

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

Stablecoin Development Corporation engages in the accumulation and holding of digital assets for participation in blockchain-based networks. The company focuses on the accumulation, holding, and deployment of SKY, a protocol token of the decentralized Sky Protocol. Its services intend to support protocol-level services, including staking, governance participation, validation, and related activities. The company was formerly known as NovaBay Pharmaceuticals, Inc. and changed its name to Stablecoin Development Corporation in April 2026. Stablecoin Development Corporation was incorporated in 2000 and is headquartered in Emeryville, California.

Source: Yahoo Finance

Market Cap$62.2M

Dividend Yield0.00%

Beta-0.16

AI summary

Price & performance

1M-61.0%

3M-14.4%

YTD-96.6%

1Y-82.9%

52-week range—

Beta-0.16

Full chart and returns against a benchmark

Q-Score

24/ 100

Quality against peers; 50 is the peer median.

Growth12

Risk14

Performance52

Valuation33

Profitability33

Leverage37

Sentiment—

Every score and metric

News sentiment

Open News

Latest results · FY 2025

Revenue—

Net income-$630.8M

Net margin—

Historical fundamentals

Red flags in filings

2active red flags

Restated financialsApr 29, 2026

Auditor changeJan 30, 2026

Filings, findings and the timeline

Revenue exposure

0%of revenue from outside the US

United States100%

Regions, segments, customers and suppliers

Valuation

SDEVIndustryP/E—27.78P/S—3.72EV/EBITDA2.4433.03P/B0.342.44PEG—4.92

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	—	—	$2.1M	—
Net Income	-$630.8M	—	$50.4M	—

Q-Scores

OverallCombines the categories below, except Sentiment

Industry 5524

Growth

Industry 5512

Risk

Industry 6514

Performance

Industry 5752

Valuation

Industry 4633

Profitability

Industry 4933

Leverage

Industry 3737

Key Metrics

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

Market Beta (5-factor)

IM 0.81SM 0.84-0.05

Market Cap

62.2M

Dividend Yield

IM 3.24%SM 1.01%0.00%

Volume

IM 511.5KSM 217.6K16.9M

Industry Market Share

0.01%

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 Asset Management (filled from its sector when there are few), with the median and rank across all 119 in the industry.

Company	Market cap	P/E	EV/EBITDA	P/S	P/B	FCF yield	Revenue growth	Op. margin	ROE	Debt/equity
SDEVStablecoin Development Corporat	$62.2M	—	2.4	—	0.3	-18.5%	—	—	-40.4%	0.0
GEGGreat Elm Group, Inc.	$66.3M	—	—	3.3	1.8	1.9%	-12.1%	-67.8%	-90.5%	0.7
GECCGreat Elm Capital Corp.	$68.4M	—	—	—	0.7	100.2%	—	—	-20.0%	0.0
ZSTKZeroStack Corp.	$55.1M	—	—	1.4	4.0	-10.2%	113.8%	-595.5%	—	0.2
AFCGAdvanced Flower Capital Inc.	$78.4M	3.3	—	3.2	0.4	-37.8%	-9.1%	—	12.6%	0.0
PFXPhenixFIN Corporation	$78.8M	16.9	—	—	0.5	-3.8%	—	—	3.0%	0.0
OFSOFS Capital Corporation	$48.1M	—	—	—	0.5	189.9%	—	—	-28.7%	0.0
HNNAHennessy Advisors, Inc.	$80.6M	9.8	4.0	2.4	0.8	12.6%	-6.9%	33.4%	8.2%	0.0
MGLDThe Marygold Companies, Inc.	$84.8M	—	—	2.9	4.0	-0.0%	42.1%	-9.5%	-10.8%	0.0
Industry median		13.8	11.8	3.1	0.9	4.4%	13.0%	13.5%	5.4%	0.2
SDEV percentile		—	3rd	—	5th	18th	—	—	11th	21st