Streamex Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission, reporting condensed consolidated financial statements showing total assets of $150,021 thousand and an accumulated deficit of $796,827 thousand.

Key Highlights

  • Total assets: $150,021 thousand as of September 30, 2026, down from $187,543 thousand as of December 31, 2025, according to the filing.
  • Accumulated deficit: $796,827 thousand as of September 30, 2026, compared to $718,120 thousand at December 31, 2025, the company disclosed.
  • Cash: $5,476 thousand at September 30, 2026, versus $20,316 thousand at December 31, 2025, per the balance sheet.
  • Common shares outstanding: 117,457,869 as of September 30, 2026, up from 49,805,275 as of December 31, 2025, the filing reports.
  • Convertible debentures retired: The balance of $38,021 thousand shown at December 31, 2025 was reduced to zero as of September 30, 2026, according to the filing.
  • Gold assets reclassified: Other assets held for sale in gold totaling $24,472 thousand at December 31, 2025 were reclassified; a non-current gold asset with a carrying value of $16,467 thousand and fair value of $13,993 thousand appears on the September 30, 2026 balance sheet.

Streamex Corp. Balance Sheet Changes for the Nine Months Ended September 30, 2026

Streamex Corp. (NASDAQ:STEX), a Delaware corporation headquartered in Winter Park, Florida, filed its quarterly report covering the period ended September 30, 2026. The filing shows total assets declined to $150,021 thousand from $187,543 thousand at December 31, 2025. Current assets fell sharply, to $25,488 thousand from $71,895 thousand, driven primarily by a reduction in cash from $20,316 thousand to $5,476 thousand and the elimination of gold-related assets held for sale that had totaled $24,472 thousand at year-end 2025.

Non-current assets increased to $124,533 thousand from $115,648 thousand, with the company disclosing a new line item of other assets held at cost - gold, carrying a value of $16,467 thousand and a disclosed fair value of $13,993 thousand as of September 30, 2026. Intangible assets, net, declined to $38,800 thousand from $44,639 thousand, and goodwill fell to $68,497 thousand from $70,984 thousand, according to the filing.

On the liabilities side, total liabilities dropped substantially, to $13,498 thousand from $54,215 thousand at December 31, 2025. The filing shows convertible debentures of $38,021 thousand and an embedded derivative liability of $1,700 thousand that were present at December 31, 2025 carry zero balances as of September 30, 2026. Common shares issued and outstanding grew to 117,457,869 from 49,805,275, while additional paid-in capital rose to $933,086 thousand from $850,447 thousand. The accumulated deficit widened to $796,827 thousand from $718,120 thousand. As of November 11, 2026, the company reported 117,802,830 shares of common stock outstanding, plus 68,421,447 exchangeable shares of BST Sub ULC, a wholly owned subsidiary, each exchangeable for one share of common stock.

What Was Disclosed

Streamex Corp. disclosed its unaudited condensed consolidated balance sheet for September 30, 2026, showing declining total assets, a widening accumulated deficit, elimination of convertible debentures, and a significant increase in common shares outstanding relative to December 31, 2025.