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SharpLink, Inc. filed its quarterly report on Form 10-Q with the SEC on November 6, 2026, covering the period ended September 30, 2026, disclosing condensed consolidated financial statements and related notes.

Key Highlights

  • Total assets: SharpLink reported total assets of $2,171,785 thousand as of September 30, 2026, compared to $2,431,766 thousand as of December 31, 2025, according to the filing.
  • Crypto assets at fair value: The company reported crypto assets at fair value of $1,615,154 thousand as of September 30, 2026, down from $1,899,683 thousand at December 31, 2025.
  • Crypto assets at cost: Crypto assets carried at cost totaled $481,958 thousand at September 30, 2026, compared to $500,912 thousand at December 31, 2025.
  • Cash position: Cash was $47,902 thousand at September 30, 2026, up from $28,539 thousand at December 31, 2025.
  • Shares outstanding: As of November 3, 2026, there were 217,346,200 shares of common stock issued and outstanding.
  • Exchange listing: Common stock trades on NASDAQ:SBET under the Nasdaq Capital Market.

SharpLink's September 2026 Balance Sheet: Crypto Holdings and Treasury Detail

SharpLink, Inc. (NASDAQ:SBET), a Delaware corporation headquartered at 200 S. Biscayne Boulevard, Floor 20, Miami, Florida, filed its Form 10-Q for the quarterly period ended September 30, 2026. The filing identifies the company as a non-accelerated filer and smaller reporting company. It is not classified as a shell company or an emerging growth company, according to the filing.

The balance sheet as of September 30, 2026 showed total current assets of $49,116 thousand, including cash of $47,902 thousand and accounts receivable, net, of $649 thousand. The company held no USDC stablecoin at the period end, compared to $1,882 thousand at December 31, 2025. Prepaid expenses and other current assets were $565 thousand. The company also reported investments at fair value of $24,840 thousand at September 30, 2026, a figure that did not appear on the prior year-end balance sheet, and other assets of $717 thousand.

The largest balance sheet components remain the company's crypto asset holdings. The filing defines "Total ETH Holdings" as the aggregate ETH exposure comprising directly held native ETH plus ETH obtainable on an as-if-redeemed basis from LsETH, weETH, and wstETH positions. Crypto assets are accounted for under ASC 350-60 (native ETH) and ASC 350-30 (receipt tokens), as described in the filing's glossary of defined terms. The filing also discloses an arrangement with ether.fi, Linea, and EigenCloud under a Strategic Partnership Agreement, through which the company earns protocol incentives recognized as revenue under ASC 606.

What Was Disclosed

SharpLink filed its September 30, 2026 quarterly report disclosing a balance sheet with total assets of $2,171,785 thousand, dominated by crypto holdings, alongside 217,346,200 shares outstanding as of November 3, 2026.