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TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX: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 six months ended December 31, 2025.
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As at December 31, 2025, the Company had cash, investments and digital assets of $23.4 million.
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As at December 31, 2025, net asset value per share was $0.27 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 six months ending December 31, 2025 with comparatives:
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| Operating Results | Three months ended December 31, | Six months ended December 31, | ||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||
| Net investment and digital assets losses | $ | (2,895,793 | ) | $ | (1,391,161 | ) | $ | (4,848,240 | ) | $ | (1,509,862 | ) |
| Operating, general and administrative expenses | (743,438 | ) | (953,520 | ) | (1,726,509 | ) | (1,996,968 | ) | ||||
| Net loss for the period | (3,514,400 | ) | (2,216,578 | ) | (6,341,482 | ) | (3,315,158 | ) | ||||
| Total comprehensive loss for the period | (3,514,112 | ) | (2,217,226 | ) | (6,341,567 | ) | (3,315,555 | ) | ||||
| Basic loss per common share | (0.04 | ) | (0.04 | ) | (0.07 | ) | (0.06 | ) | ||||
| Diluted loss per common share | (0.04 | ) | (0.04 | ) | (0.07 | ) | (0.06 | ) | ||||
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| Consolidated statement of financial position highlights | December | June 30, 2025 | ||||
| Cash | $ | 6,293 | $ | 482,146 | ||
| Investments, at fair value | 20,757,580 | 51,577,705 | ||||
| Digital assets, at fair value less cost to sell | 2,631,212 | 3,156,065 | ||||
| Total assets | 25,858,355 | 56,174,715 | ||||
| Total liabilities | 559,511 | 11,455,313 | ||||
| Share capital, contributed surplus, warrants | 157,346,856 | 151,573,492 | ||||
| Foreign currency translation reserve | 875,075 | 875,102 | ||||
| Deficit | (132,923,087 | ) | (107,729,192 | ) | ||
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Sheldon Inwentash, Chairman and CEO, stated “During the quarter, ThreeD focused on increasing its investments in digital assets that we believe will contribute to the Company’s long-term investment strategy. While market conditions resulted in an overall decrease in the value of digital assets compared to June 30, 2025, ThreeD remains optimistic about these investments and the potential gains the Company could ultimately realize.”
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Additionally, ThreeD announces that it will no longer be releasing its unaudited net asset value per share (“NAV”) on a monthly basis. Instead, the Company will include the NAV within its quarterly financial results press releases to aid shareholders with analysis of Company performance that can be analyzed with the Company’s quarterly unaudited financial statements.
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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 our performance, and may assist in the evaluation of the Company’s business relative to that of its peers.
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