# TON Strategy Co

TON Strategy Co is a public company listed on Nasdaq as TONX, headquartered in Las Vegas, NV, United States.

## Company overview

- **Legal name:** TON Strategy Co
- **Former names in filing history:** Verb Technology Company, Inc. (2018-08-29 to 2025-08-29); nFusz, Inc. (2017-04-26 to 2019-01-16); BBOOTH, INC. (2014-10-22 to 2017-04-24); Global System Designs, Inc. (2013-01-10 to 2014-10-02)
- **Classification:** Public company
- **Industry (SIC):** 6199 — Finance Services
- **Headquarters:** Las Vegas, NV, United States
- **Incorporated in:** NV
- **Fiscal year end:** December 31
- **Ticker:** Nasdaq: TONX
- **SEC CIK:** 0001566610

## About

TON Strategy Co is identified in the retained SEC EDGAR snapshot dated 2026-10-14. Its SEC Central Index Key is 0001566610, and its reported industry is Finance Services. In 10-K filed on 2026-03-31, it reported annual revenue of USD 12,779,000; net income of USD -148,479,000; total assets of USD 411,164,000 for the fiscal period ended 2025-12-31. The financial history preserves reporting periods, currencies, filing accessions and source provenance. Figures are reported filing data, rather than real-time estimates.

## Financials

Annual figures as originally reported. Currency is shown for each fiscal year; B means billion and M means million.

### FY2025 (period ended 2025-12-31)

- **Revenue:** $12.8M (USD 12,779,000)
- **Net income:** -$148.5M (USD -148,479,000)
- **Total assets:** $411.2M (USD 411,164,000)
- **Cash and equivalents:** $39.5M (USD 39,493,000)
- **Operating cash flow:** -$20.8M (USD -20,769,000)

### FY2024 (period ended 2024-12-31)

- **Revenue:** $895,000 (USD 895,000)
- **Net income:** -$10.3M (USD -10,329,000)
- **Total assets:** $20.6M (USD 20,635,000)
- **Cash and equivalents:** $8.5M (USD 8,495,000)
- **Later filings:** Cash and equivalents: shown as originally filed; later filings report different values for the same periods.

### FY2023 (period ended 2023-12-31)

- **Revenue:** $63,000 (USD 63,000)
- **Net income:** -$22.0M (USD -21,994,000)
- **Total assets:** $10.8M (USD 10,839,000)

### FY2022 (period ended 2022-12-31)

- **Revenue:** $9.4M (USD 9,435,000)
- **Net income:** -$37.4M (USD -37,437,000)
- **Total assets:** $24.5M (USD 24,492,000)
- **Cash and equivalents:** $2.4M (USD 2,429,000)
- **Operating cash flow:** -$19.4M (USD -19,406,000)
- **Later filings:** Revenue: shown as originally filed; later filings report different values for the same periods.

## Recent SEC filings

- Form 8-K — filed 2026-09-16 — period 2026-09-16 — 8-K
- Form 8-K — filed 2026-08-17 — period 2026-08-17 — 8-K
- Form 10-Q — filed 2026-08-11 — period 2026-06-30 — 10-Q
- Form 8-K — filed 2026-08-11 — period 2026-08-11 — 8-K
- Form 8-K — filed 2026-08-10 — period 2026-08-10 — 8-K
- Form 8-K — filed 2026-07-01 — period 2026-07-01 — 8-K
- Form 8-K — filed 2026-06-23 — period 2026-06-18 — 8-K
- Form 8-K — filed 2026-06-12 — period 2026-06-09 — 8-K
- Form 10-Q — filed 2026-05-12 — period 2026-03-31 — 10-Q
- Form 8-K — filed 2026-05-12 — period 2026-05-12 — 8-K
- Form DEF 14A — filed 2026-04-30 — period 2026-04-30 — DEF 14A
- Form 8-K — filed 2026-04-16 — period 2026-04-16 — 8-K

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Updated: 2026-10-23T06:09:42Z

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