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SONM · NASDAQ · Communication Equipment

DNA X

Non-custodial crypto platform for automated swaps and decentralized-exchange strategies.

$3.56
After-hours close+0.17 (+5.01%)
At close$3.39(+3.67%)
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Profile

DNA X, Inc.SONMInformation Technology

Operates a limited-release, non-custodial platform where individual traders configure crypto swaps and automated orders, earning commissions on completed trades. Its sole operating focus followed the sale of the former device business, and transaction activity depends on crypto-market conditions, supported assets, and external service providers.

Provides a limited-release, non-custodial cryptocurrency trading platform for individual users worldwide. The DNA X/DNAX DeFi web platform supports immediate swaps, limit orders, grid/range orders, recurring trades, shareable strategies, and strategy histories; customers retain assets before and after trades. Commissions on completed trades form the revenue model, with the company seeking lower fees and a low-cost operating model.

Operates as the public-company successor to Sonim after the sale of substantially all device and hotspot assets, leaving crypto trading as its sole operating focus. Platform performance remains monitored for bugs, while transaction activity depends on crypto-market conditions and supported assets. Operations rely on a small employee base, contractors, licensed software, and third parties for cloud services, compliance, payments, development, and customer service.

Company facts

CEOMichael "Mike" Mulica
ListedMay 10, 2019
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees4
CIK0001178697
ISINUS83548F4081

Key statistics

Market cap$5.1M
EPS (ttm)−$1.42
P/E (ttm)−2.44
ROE391.0%
P/B−3.79
P/S−0.1845
Dividend yield
Beta0.80vs XLK 1.33

Year to date +17.7% · Average volume (30d) 12.9K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$5.04
ReportedDue Nov 17, 2026

Revenue

Estimate$36.1M
ReportedDue Nov 17, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 19, 2026Q2 FY26$5.22−$1.05−120.1%$35.7M$0−100.0%+1.78%
May 20, 2026Q1 FY26$5.04−$3.11−161.7%$35.0M−12.05%
Apr 3, 2026Q4 FY25$10.97−$10.97−200.0%$41.2M−$44.1M−207.1%−3.58%
Jan 30, 2026Q4 FY25$10.97−$10.97−200.0%$41.2M−$44.1M−207.1%+0.89%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$16.7M$11.2M$16.2M−$44.1M$0$0
Gross profit$8.4M$845.0K$1.8M−$15.3M$0−$134.0K
Operating income$645.0K−$6.7M−$4.0M$4.7M−$3.6M−$1.3M
Net income$458.0K−$7.5M−$4.8M−$8.9M$6.3M−$1.2M
Diluted EPS$0.08−$0.79−$4.83−$0.68$5.01−$0.92
Gross margin50.0%7.6%11.2%
Operating margin3.9%-60.2%-24.5%

Fiscal years (4-quarter sums)FY21 $54.6M · FY22 $69.8M · FY23 $93.6M · FY24 $58.3M · FY25 $0

Revenue by product · FY24

Smartphones$26.3M · 52%
Feature Phones$20.5M · 40%
Connected Solutions$3.4M · 7%
Accessories And Other$729.0K · 1%

Revenue by geography · FY24

United States$39.7M · 68%
Canada$9.1M · 16%
Asia Pacific$8.8M · 15%
Europe And Middle East$642.0K · 1%

Balance sheet, Jun 30, 2026Cash & short-term investments $900.0K · Total debt $2.4M · Total assets $4.5M · Shareholders' equity −$1.2M

Dividends

No dividends on record.

Ownership

Institutions 6.40%95.3K sharesInsiders 6.78%101.0K sharesOther 86.82%1.29M shares

Shares outstanding 1.49M · Float 1.03M · 68.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
DNA Holdings Venture Inc. · 10 percent owner223.2K15.00%Form 4Feb 20, 2026
Lytton Laurence W120.4K8.10%13GMay 15, 2026
Michael C. Mulica · director, officer: Acting CEO54.1K3.63%Form 4Feb 10, 2026
Clayton Crolius · officer: Chief Financial Officer36.7K2.47%Form 4Feb 10, 2026
UBS Group AG36.2K2.43%13FMay 5, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

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Peers

  • Coinbase

    Scale leader in retail crypto trading and onchain execution.

  • Robinhood Markets

    Retail crypto venue with an API for automated strategies.

  • eToro

    Social investing platform with copyable crypto strategies.

  • Gemini

    Global crypto exchange competing for retail trading activity.

  • Coincheck Group

    Japanese retail crypto exchange with a trader-focused venue.

CompareAfter-hours close

CompanyPriceChange
DNA X$3.56+5.01%$5.1M−100.0%
Coinbase$178.50−0.02%$47.13B206.38.5−18.5%
Robinhood Markets$104.06−0.14%$93.74B45.944.422.5+32.3%
eToro$31.02−0.03%$2.61B11.512.30.3−89.0%
Gemini$4.38+1.39%$525.4M2.7
Coincheck Group$2.14+1.33%$286.8M0.1+21.2%
Median28.744.42.7+1.4%