I-ON Digital Corp.
0.8100+0.00 (+0%)
Oct 28, 4:00:00 PM EDT · OTC Markets OTCQB · IONI · USD
Key Stats
Market Cap
25.20MP/E (TTM)
-Basic EPS (TTM)
-0.06Dividend Yield
0%Recent Filings
8-K
Board adds tech and fintech experts
I-ON Digital Corp. appointed Patrick White and John Jubilee to its board of directors effective August 28, 2025, bolstering expertise in security technology, capital markets, and fintech innovation. White, with over 25 years scaling tech ventures and securing patents, chairs the Audit Committee; Jubilee, a digital health disruptor, co-chairs Compensation alongside him. These additions sharpen governance for RWA digitization and gold-backed stablecoins. Yet risks shadow forward-looking growth plans.
10-Q
Q2 FY2025 results
I-ON Digital Corp. posted no revenue for Q2 FY2025 ended June 30, 2025, swinging to an operating loss of $424,508 from $280,491 a year earlier, while YTD loss widened to $772,917 from $415,294 (derived). Expenses climbed on marketing, travel, and amortization, yet net loss narrowed slightly to $424,508 from $439,608 as interest expense vanished post-debt discount amortization. Cash dwindled to $50,090 amid $642K operating burn, offset by $422K related-party advances; $550K loans mature July 1, 2025, backed by 489 Orebits AU certificates from the 2023 Orebits acquisition valued at $17.6M (stock exchange). Intangibles net $18.1M, with no capex or FCF disclosed. Diluted EPS holds at $(0.01), reconciling to 31.1M shares amid anti-dilutive preferreds. Blockchain protocols evolve fast.
10-Q
Q1 FY2025 results
I-ON Digital Corp. posted a Q1 FY2025 net loss of $348,409, up 18.6% y/y from $293,919, driven by zero related-party revenue after a licensing deal expired on March 31, 2024, while operating expenses climbed 138% y/y to $348,409 on higher professional fees and marketing for growth. No q/q deltas available, but cash burn intensified with operating cash use at $287,462 versus $114,642 y/y. The operating loss matched the net loss, as interest expense vanished post-full recognition. Cash dipped to $189,420, propped by $206,787 in related-party advances against $550,000 in loans payable (due June 30, 2025) and $660,000 accrued interest; 489 Orebits AU certificates secure the debt. Intangibles held steady at $18.1M net, anchored by $17.9M in indefinite-lived gold-backed digital assets from the December 2023 Orebits acquisition (stock exchange, recognizing $17.6M value). No free cash flow disclosed in the 10-Q. Related-party funding persists.
8-K
Director Aust resigns immediately
I-ON Digital Corp. announced the immediate resignation of board director Stephen C. Aust on May 2, 2025, as he shifts focus to philanthropy, family, and his wife's health challenges. Aust, who contributed significantly during the company's transformational phase in gold digitization and RWA tokenization, will remain available as a third-party advisor for special projects. The board expressed gratitude for his guidance while supporting his personal priorities. Forward-looking statements highlight risks in product development and commercialization.
8-K
Uplists to OTCQB Venture
I-ON Digital Corp. uplisted its common stock from the OTC Pink Market to the OTCQB Venture Market on April 14, 2025, boosting transparency and liquidity for its blockchain-based gold tokenization platform. This move aligns with surging demand for real-world asset digitization, positioning the company to scale in digital gold and stablecoins. Uplisting signals commitment to growth. Yet risks in development and commercialization could impact results.
IPO
Website
Employees
Sector
Industry
FYNN
Fyntechnical Innovations, Inc.
0.00+0.00
IBTA
Ibotta, Inc.
35.08+0.60
IDCC
InterDigital, Inc.
372.48-14.35
IONQ
IonQ, Inc.
57.15-5.65
IPSI
Innovative Payment Solutions, I
0.02+0.00
ISTKF
INTELLISTAKE TECHNOLOGIES CORP.
2.04+0.24
NOW
ServiceNow, Inc.
937.91-8.38
NXTT
Next Technology Holding Inc.
22.30-0.53
QTWO
Q2 Holdings, Inc.
62.00-0.29
WONDF
Wonderfi Technologies Inc.
0.22-0.01