$DTCX

Datacentrex, Inc.

CIK:0001853825|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues	$ 1,913,779	$ 1,928,587	$ 4,092,987	$ 2,088,212
Cost of revenue	1,708,524	998,062	3,374,852	1,074,032
Gross profit	205,255	930,525	718,135	1,014,180
Operating Expenses:
General and administrative expenses	863,281	193,099	1,950,490	394,970
Depreciation and amortization	3,287,326	2,162,531	6,574,585	2,352,011
Stock based compensation	850,858		2,006,924
Total Operating Expenses	5,001,465	2,355,630	10,531,999	2,746,981
Loss From Operations	(4,796,210)	(1,425,105)	(9,813,864)	(1,732,801)
Other Income (Expense):
Net realized and unrealized gains (losses), digital assets	(1,269,425)	72,381	(2,481,598)	71,482
Other income			6,467
Interest income (expense), net	597,278	(176,506)	668,931	(176,506)
Total Other Income (Expense)	(672,147)	(104,125)	(1,806,200)	(105,024)
Net Loss Before Income Taxes	(5,468,357)	(1,529,230)	(11,620,064)	(1,837,825)
Provision for Income Taxes (Benefit)
Net Loss	$ (5,468,357)	$ (1,529,230)	$ (11,620,064)	$ (1,837,825)
Net Loss Per Common Share:
Basic	$ (0.14)		$ (0.32)
Diluted	$ (0.14)		$ (0.32)
Weighted Average Common Shares Outstanding:
Basic	39,201,327		36,232,290
Diluted	39,201,327		36,232,290

Condensed Consolidated Statements of Cashflows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss	$ (11,620,064)	$ (1,837,825)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	6,574,585	2,352,011
Stock based compensation	2,006,924
Digital asset mining revenue	(4,092,987)	(2,088,212)
Net unrealized and realized (gain) loss on digital assets	2,481,598	(71,482)
Impairment of capitalized software	60,092
Changes in operating assets and liabilities:
Prepaid expense	(108,694)	(60,691)
Other assets		(686,893)
Other receivables	(16,873)
Accounts payable and accrued expenses	(276,198)	55,820
Net cash used in operating activities	(4,991,617)	(2,337,272)
Cash flows from investing activities:
Purchase of equipment		(17,423,650)
Payments for deposits on equipment		(7,029,862)
Proceeds from sale of digital assets	56,520	465,444
Net cash provided by (used in) investing activities	56,520	(23,988,068)
Cash flows from financing activities:
Proceeds from public offering, net of issuance cost	17,899,700
Proceeds long term debt, net of discount		5,250,000
Prepayments of long term debt		(3,500,000)
Proceeds from issuance of Class A-1 Units		17,945,000
Proceeds from issuance of Class A-2 Units		10,422,402
Net cash provided by financing activities	17,899,700	30,117,402
Net increase in cash	12,964,603	3,792,062
Cash, beginning of period	38,919,486
Cash, end of period	51,884,089	3,792,062
Supplemental disclosures of cash flow information:
Cash paid during period for interest		176,512
Cash paid for taxes
Supplemental disclosures of non-cash financing activities:
Preferred Series A shares issued for dividends	6
Preferred Series A shares converted for common stock	1
Preferred Series D shares converted for common stock	2
Common stock issued for services	1,942
Exercise of prefunded warrants for common stock	$ 500

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 51,884,089	$ 38,919,486
Digital assets, at fair value	5,985,071	4,430,202
Other receivable	16,873
Prepaid expenses	577,510	468,817
Total current assets	58,463,543	43,818,505
Equipment, net	12,028,842	18,537,452
Capitalized software costs, net	138,127	264,193
Deposits for equipment	3,600,100	3,600,100
Other assets	621,660	621,660
Total assets	74,852,272	66,841,910
Current liabilities:
Accounts payable and accrued expenses	318,463	594,658
Total current liabilities	318,463	594,658
Commitments and Contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.001 par value, 250,000,000 shares authorized; 39,643,626 and 30,375,530 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	39,643	30,375
Treasury stock, at cost – 59,191 shares	(274,231)	(274,231)
Additional paid in capital	94,891,169	74,993,819
Accumulated deficit	(20,122,949)	(8,502,885)
Total stockholders’ equity	74,533,809	66,247,252
Total liabilities and stockholders’ equity	74,852,272	66,841,910
Series A Preferred Stock [Member]
Stockholders’ equity:
Preferred stock	163	158
Series D Preferred Stock [Member]
Stockholders’ equity:
Preferred stock	$ 14	$ 16