Farmhouse, Inc. Reports Zero Revenue for Q3 2025, Net Loss Improves to $174,854

Farmhouse, Inc. reported its financial results for the third quarter and the nine months ended September 30, 2025, revealing a continued lack of revenue generation, with total revenues remaining at zero for both periods. This marks a significant decline from the $4,154 in revenue reported for the same period in 2024, which was derived from NFT licensing agreements. The company’s operating expenses for the nine months decreased to $303,011 from $323,736 in the prior year, primarily due to reduced wages and benefits, as well as lower public company-related fees. Despite the decrease in expenses, Farmhouse recorded a net loss of $174,854 for the nine months ended September 30, 2025, an improvement compared to a net loss of $362,383 for the same period in 2024.

The company’s balance sheet as of September 30, 2025, showed total assets of $30.1 million, a slight decrease from $30.8 million at the end of 2024. Current liabilities increased to $2.05 million from $2.34 million, with significant components including accounts payable and accrued payroll. Farmhouse’s stockholders’ deficit widened to $2.5 million, up from $2.34 million at the end of the previous fiscal year. The company’s cash position improved to $3,896 from $413, reflecting ongoing financing activities, including the issuance of convertible notes.

Strategically, Farmhouse has focused on enhancing its digital asset initiatives. The company formed a new subsidiary, Farmhouse Treasury LLC, to manage its digital asset strategy, including treasury operations and custody solutions for cryptocurrencies. Additionally, the company entered into a Share Exchange Agreement with Thrown, LLC, a beverage company, although the transaction has not yet closed. Discussions regarding a proposed acquisition of Ledgewood Holdings, LLC were terminated in October 2025 to concentrate on the digital asset business.

Operationally, Farmhouse has not reported any significant customer growth or engagement metrics, and its employee headcount remains unchanged. The company continues to face challenges in securing financing, which raises substantial doubt about its ability to continue as a going concern. Management is actively seeking additional capital through officer loans, third-party borrowings, and equity sales. The company has also entered into an Equity Financing Agreement with GHS Investments LLC, providing an equity line of credit of up to $20 million, which it hopes will support its working capital and strategic initiatives.

Looking ahead, Farmhouse remains focused on its digital asset strategy while navigating a challenging market environment. The company acknowledges the need for additional financing to sustain operations and achieve profitability, with management exploring various financing alternatives. However, there can be no assurance that such financing will be available on acceptable terms, or at all, which could impact the company's future operations and strategic goals.