$BNKK

BONK, INC.

CIK:0001760903|SEC Filings

Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenue
Sales	$ 792,936	$ 44,948	$ 1,579,268	$ 87,049
Related party revenue share	370,469		3,921,195
Cost of Sales	772,355	21,070	1,516,369	42,182
Gross profit	391,050	23,878	3,984,094	44,867
Operating expense
General and administrative expenses	2,424,609	4,363,514	4,645,181	9,774,838
Total operating expenses	2,424,609	4,363,514	4,645,181	9,774,838
Other income / (expense)
Interest income	1,414	(18,740)	9,667	(7,364)
Interest expense	(10,548)	(119,678)	(40,698)	(223,128)
Taxes	(47,248)		(47,248)
Gain on sale of marketable securities				180,556
Loss on deconsolidation	(54,640)		(53,034)
Realized gain on sale of stock			796,404
Gain (Loss) on Settlement	419,092	(362,430)	419,092	(362,430)
Realized gain (loss) on exchange of digital assets	37,498		(170,031)
Unrealized gain(loss) on equity investment	(31,114)	18,190,351	17,444	18,190,351
Unrealized (loss) on digital asset	(4,335,568)		(8,167,423)
Other income / (expense)		25,080	13,600
Total other income (expense)	(4,021,114)	17,714,583	(7,222,227)	17,777,985
Net Loss	$ (6,054,673)	$ 13,374,947	$ (7,883,314)	$ 8,048,014
Net (loss) per share:
Basic	$ (0.76)	$ 5.63	$ (0.99)	$ 3.69
Diluted	$ (0.76)	$ 3.12	$ (0.99)	$ 1.97
Weighted average number of shares
Basic	8,015,869	2,376,436	7,967,003	2,178,722
Diluted	8,015,869	4,292,673	7,967,003	4,094,959

Consolidated Statement of Cash Flows (Unaudited) - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2026	Mar. 31, 2026	Jun. 30, 2025	Mar. 31, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
Cash flows from operating activities:
Net income (loss)	$ (6,054,673)	$ (1,828,643)	$ 13,374,947	$ (5,326,933)	$ (7,883,314)	$ 8,048,014
Stock Based compensation					281,175
Depreciation & Amortization					373,692	221,644
Fair value of shares issued for services rendered						1,778,108
Fair value of options granted					129,973
Fair value of options issued for services						764,832
Fair value of common stock issued in exchange for settlement of payables						1,461,800
Fair value of common stock issued for settlement						250,000
Fair value of stock due for bonus						347,500
Realized gain on sale of stock					(796,404)
Realized loss on exchange of digital assets	(37,498)				170,031
(Gain)/Loss on Settlements					(500,000)
Unrealized (gain) loss on equity investment					(17,444)	(18,190,351)
Unrealized (gain) loss on digital assets					8,167,423
Related party revenue share paid in Crypto	(370,469)				(3,921,195)
Loss on deconsolidation					54,720
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Prepaid expenses and deposits					829,411	(637,877)
Right of Use asset					18,570	98,184
Accounts receivable					58,679	332,623
Note receivable						180,917
Inventory					377,012	(77,047)
Accounts payable					(397,999)	713,675
Accrued liabilities					(1,088,740)	(545,043)
Lease liability					(23,544)	(104,004)
Net cash (used in) operating activities					(4,167,954)	(5,357,025)	$ (25,275,375)
Cash flows from investing activities:
Acquisition of Yerbae						(109,710)
Investment in Yerbae						(925,000)
Fair value of digital assets sold for cash					2,004,089
Purchase of equity investments					200,000
Purchase of intangible assets						(133,060)
Net cash provided by (used in) investing activities					2,204,089	(1,167,770)
Cash flows from financing activities:
Proceeds from private placements						4,971,971
Repayments of convertible notes						(50,000)
Proceeds of issuance of common stock						1,720,799
Repayments of note payable					(100,000)
Net cash provided by (used in) financing activities					(100,000)	6,642,770
Net increase (decrease) in cash and cash equivalents					(2,063,865)	117,975
Cash and cash equivalents at the beginning of the period		$ 2,278,340		$ 348,816	2,278,340	348,816	348,816
Cash and cash equivalents at the end of the period	$ 214,475		$ 466,791		214,475	466,791	$ 2,278,340
SUPPLEMENTAL CASH FLOW INFORMATION:
Common Stock issued for service					1,532,536	756,250
Preferred B stock converted to common stock					115
Shares issued for loss on settlement with Intracoastal						$ 875,000

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash	$ 214,475	$ 2,278,340
Marketable Securities		54,720
Digital Assets	1,417,593	630,605
Inventory	572,263	949,275
Account receivable	42,035	90,140
Prepaid expenses and deposits	1,010,073	1,839,484
Investment in Affiliate	5	1,600
Equity Securities	75,899	58,456
Note Receivable	798,000
Loan to affiliates	139,405	139,405
Total current assets	4,269,748	6,042,025
Non-current assets:
Non-current digital assets	10,126,725	17,344,636
Right of use assets		18,570
Goodwill	14,147,778	14,147,778
Related party revenue sharing - other asset, net of amortization	1,792,146	2,060,968
Intangible assets, net of amortization	1,212,027	1,293,247
Fixed assets, net of depreciation	42,540	66,191
Total non-current assets	27,321,216	34,931,390
Total Assets	31,590,964	40,973,415
Liabilities and Shareholders’ Equity
Accounts Payable	2,078,774	2,476,773
Accrued expenses	1,762,972	3,152,544
Note payable, current portion	175,000	275,000
Current portion of lease liability		23,544
Covid - 19 SBA Loan	50,042	49,210
Total current Liabilities	4,066,788	5,977,071
Total liabilities	4,066,788	5,977,071
Preferred stock, $0.001 par value, 1,000,000 shares authorized of which 174,933 are issued and outstanding	175	177
Common stock, $.001 par value, 1,000,000,000 shares authorized, of which 8,000,940 and 7,751,707 shares issued and outstanding as of June 30, 2026 and December 31, 2025	8,001	7,751
Additional paid-in capital	217,905,894	215,979,259
Common stock payable	985,600	2,501,336
Accumulated deficits	(191,375,494)	(183,492,179)
Total Shareholders’ Equity	27,524,176	34,996,344
Total Liabilities and Shareholders’ Equity	$ 31,590,964	$ 40,973,415