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TORONTO, May 29, 2026 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2026.
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As at March 31, 2026, the Company had cash, investments and digital assets of $20.7 million.
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As at March 31, 2026, net asset value per share was $0.24 as compared to $0.40 as at June 30, 2025. (See “Use of Non-GAAP Financial Measures” elsewhere)
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Financial Highlights for the three and nine months ended March 31, 2026 with comparatives:
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| Operating Results | Three months ended March 31, | Nine months ended March 31, | ||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||
| Net investment and digital asset losses | $ | (2,490,890 | ) | $ | (4,838,215 | ) | $ | (7,339,130 | ) | $ | (6,348,077 | ) |
| Operating, general and administrative expenses | (691,107 | ) | (815,096 | ) | (2,417,616 | ) | (2,812,064 | ) | ||||
| Net loss for the period | (3,108,549 | ) | (5,463,310 | ) | (9,450,031 | ) | (8,778,468 | ) | ||||
| Total comprehensive loss for the period | (3,108,861 | ) | (5,463,838 | ) | (9,450,428 | ) | (8,779,393 | ) | ||||
| Basic loss per common share | (0.03 | ) | (0.08 | ) | (0.10 | ) | (0.15 | ) | ||||
| Diluted loss per common share | (0.03 | ) | (0.08 | ) | (0.10 | ) | (0.15 | ) | ||||
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| Consolidated statement of financial position highlights | March | June 30, 2025 | ||||
| Cash | $ | 19,660 | $ | 5,286 | ||
| Investments, at fair value | 17,976,185 | 25,603,448 | ||||
| Digital assets, at fair value less cost to sell | 2,667,523 | 3,214,059 | ||||
| Total assets | 22,905,565 | 31,429,715 | ||||
| Total liabilities | 681,840 | 977,781 | ||||
| Share capital, contributed surplus, warrants | 157,380,598 | 156,158,379 | ||||
| Foreign currency translation reserve | 874,763 | 875,160 | ||||
| Deficit | (136,031,636 | ) | (126,581,605 | ) | ||
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Sheldon Inwentash, Chairman and CEO, stated, “ThreeD continued investing in digital assets with strong potential to drive exponential growth and advance the Company’s long-term vision. While volatile market conditions continue to weigh on portfolio valuations, ThreeD believes its core investments are just beginning to realize their potential and can provide solutions to complex global issues.”
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Use of Non-GAAP Financial Measures:
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This press release contains references to “net asset value per share” (“NAV”) which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance, and may assist in the evaluation of the Company’s business relative to that of its peers.
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