Farmhouse, Inc. Reports Significant Revenue Decline and Strategic Shift Towards Digital Assets

Farmhouse, Inc. reported a significant decline in revenue for the fiscal year ending December 31, 2025, generating only $623 compared to $4,154 in 2024. This decrease is attributed to the loss of a major customer in 2024 and a strategic pivot towards the company's digital asset treasury initiative. Despite the drop in revenue, total operating expenses remained relatively stable at $410,940, slightly up from $410,668 in the previous year. The net loss for 2025 was $393,266, an improvement from the $464,343 loss reported in 2024, primarily due to a gain on extinguishment of debt and reduced personnel costs.

In September 2025, Farmhouse established a new subsidiary, Farmhouse Treasury LLC, to spearhead its Anti-Debasement Digital Asset Treasury initiative. This initiative aims to develop a digital asset strategy focusing on treasury management and custody solutions for assets like Bitcoin and tokenized gold. Although no capital was contributed at the formation of Farmhouse Treasury, the company is exploring potential partnerships and strategies in the digital asset market. As of the report date, no binding agreements have been finalized, and discussions remain exploratory.

The company’s operational metrics indicate a continued focus on restructuring and strategic acquisitions. As of April 15, 2026, Farmhouse employed two full-time executive officers and engaged several independent contractors. The company does not maintain physical office facilities, with all personnel working remotely. Farmhouse's cash and cash equivalents increased to $14,188 from $413 in the previous year, although it still faces a working capital deficit of $2,215,329, down from $2,334,745 in 2024.

Farmhouse's financial outlook remains uncertain, with management acknowledging substantial doubt about the company's ability to continue as a going concern. The company plans to seek additional financing through equity and debt offerings, as well as potential strategic partnerships. However, the ability to secure such financing is contingent on market conditions and the company's operational performance. The report emphasizes that without successful execution of these plans, the company may need to further curtail or cease operations.

Overall, Farmhouse, Inc. is navigating a transitional phase, shifting from legacy licensing activities to exploring new opportunities in the digital asset space. While the company has made strides in establishing a framework for its digital asset initiatives, the financial results reflect ongoing challenges and the need for strategic capital management to ensure future viability.