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DRKNasdaqFinance ServicesFiscal year ends December 31

DarkHorse Technologies Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$2.03−0.02 (-0.98%)

Close on Oct 19, 2026

Market cap
$10.49M
P/E (TTM)
–
Dividend yield
–

About DarkHorse Technologies

Finance Services, SIC 6199

Sphere 3D Corp. operates a cryptocurrency mining business dedicated to supporting the Bitcoin blockchain network. The company procures specialized application-specific integrated circuit computer servers and deploys them to perform cryptographic hash calculations. In exchange for supplying computational power and securing the decentralized network, it receives block rewards and transaction fees. Sphere 3D's primary customers are Bitcoin mining pool operators, such as Foundry Digital LLC, which coordinate shared processing resources and distribute payouts according to contractual formulas.

The company operates an enterprise-scale mining fleet consisting of thousands of miners alongside a self-owned 8-megawatt facility situated in Iowa. In addition to its proprietary site, Sphere 3D conducts mining activities across third-party hosted facilities in Missouri, Texas, and Iowa. The enterprise maintains custody of its digital assets through third-party cold storage. The provided text details operations across these United States locations but does not specify the location of the corporate headquarters.

Summary of the business section of DarkHorse Technologies's latest annual report, written by StockData.

Company profile

Company

Legal name
DarkHorse Technologies Inc.
Founded
2007
Headquarters
Wilmington, DE
Address
2810 N Church St, Suite 90696 19802
Phone
(647) 952-5049
Employees
4, Dec 31, 2025
Industry
Finance Services
Incorporated in
A1
Fiscal year ends
December 31
Auditor
MaloneBailey, LLP, Houston, Texas

Stock & identifiers

Ticker
DRK
Exchange
Nasdaq
Shares outstanding
9M, Aug 11, 2026
Public float
$16.00M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
1-for-10 reverse, Mar 27, 2026; 1-for-10 reverse, Feb 10, 2026; 1-for-7 reverse, Jun 30, 2023; 1-for-7 reverse, Jun 29, 2023; 1-for-8 reverse, Nov 7, 2018; 1-for-8 reverse, Nov 6, 2018; 1-for-25 reverse, Mar 21, 2018; 1-for-25 reverse, Jul 12, 2017
SEC CIK
1591956
CUSIP
236918108
ISIN
US2369181084
EIN
98-1220792

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Joel M. BlockChief Executive Officer, Director1,029,476
Kurt L. KalbfleischChief Financial Officer, Director443,433
Patricia TrompeterCEO, Director532,187
Tiah Norton ReppasChief Accounting Officer82,545
Timothy P. HanleyDirector115,934
Nicholas Ray GatesDirector189,888
Marcus E. DentDirector60,210
Duncan J. McEwanDirector74,074
Sue HarnettDirector106,675

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
(1)Kurt L. Kalbfleisch
$1.97M$1.60M$687.74K$32–
FY2024
(1)Kurt L. Kalbfleisch
$3.28M$2.46M$1.09M$28–
FY2023
(1)Kurt L. Kalbfleisch
$1.42M$1.33M$713.38K$172–
FY2022
Patricia Trompeter
$2.98M$1.61M$1.34M$9–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had four employees, two of which were full time.”

Corporate history

Events identified from SEC filings

DateEventDetails
Sep 14, 2026Name changeName changed from Sphere 3D Corp. to DarkHorse Technologies Inc.
Aug 10, 2026ListingRegistration of securities on an exchange (Form 8-A)
Jun 3, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 16, 2026Merger voteDefinitive merger proxy statement
Feb 27, 2026Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Mar 7, 2025Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 18, 2024Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Oct 11, 2024Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 4, 2024Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 17, 2023Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 24, 2023Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 5, 2022MergerRegistration of securities for a merger or exchange offer (S-4)
May 20, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 6, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 31, 2019Auditor changeChange in certifying accountant (8-K Item 4.01)
Jul 12, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 15, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 19, 2018Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 16, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 14, 2018Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 19, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jun 4, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 23, 2014MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 7, 2014ListingRegistration of securities on an exchange (Form 8-A)