Sign in

AVX on Nasdaq

AVAX ONE TECHNOLOGY LTD.

AVAX ONE TECHNOLOGY LTD. is a Canadian finance services company, incorporated in British Columbia.1 It is headquartered in West Palm Beach, Florida.1 Its shares trade on Nasdaq under the symbol AVX.1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with FG Communities Holdings Inc., BNB Plus Corp or Chaince Digital Holdings Inc., or pick any stock.

  • TickerAVX on Nasdaq1
  • IndustryFinance Services1
  • HeadquartersWest Palm Beach, Florida1
  • Incorporated inBritish Columbia, Canada2
  • Business address215 S. Olive Avenue, Suite 201, West Palm Beach, Fl 334012
  • Filer category, Emerging growth company2

See how the biggest companies compare on our leaderboards

It closed a private placement on November 5, 2025 and formally launched its digital asset strategy.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-925.5%Operating margin4
-1418.1%Net margin4
8709.3%Revenue growth, 20254
-17.8%Return on equity4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Bitcoin Mining brought in 74% of the revenue AVAX ONE TECHNOLOGY LTD. broke down this way in fiscal 2025.

  1. Bitcoin Mining$1.7M474%up 6421% from 2024
  2. Avalanche Staking$607.6K426%
  3. Other$53140%
Products and services by year
Products and services20242025
Bitcoin Mining$26.6K$1.7M
Avalanche Staking$607.6K
Other$531

Business segments

Bitcoin Mining brought in 74% of the revenue AVAX ONE TECHNOLOGY LTD. broke down this way in fiscal 2025.

  1. Bitcoin Mining$1.7M474%up 6421% from 2024
  2. Avalance Protocol$607.6K426%
  3. Corporate$53140%
Business segments by year
Business segments20242025
Bitcoin Mining$26.6K$1.7M
Avalance Protocol$607.6K
Corporate$531

Regions

United States brought in 87% of the revenue AVAX ONE TECHNOLOGY LTD. broke down this way in fiscal 2025.

  1. United States$2.0M487%
  2. CA [member]$313.7K413%up 1081% from 2024
Regions by year
Regions20242025
United States$2.0M
CA [member]$26.6K$313.7K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development1¢$18.8K
  • Other costs99¢$2.3M

Out of $2.3M in revenue.4 The company lost money this year.

Financial statements

Revenue54$2.3M in 2025+14278% since 2023
0$1.0M$2.0M$3.0M2023: $16.3K$16.3K20232024: $26.6K$26.6K2024+63%2025: $2.3M$2.3M2025+8709%
Gross profit5-$21.2K in 2024
-$30.0K-$20.0K-$10.0K0$10.0K2023: $2.7K$2.7K20232024: -$21.2K-$21.2K2024
Operating income67854-$21.7M in 2025+548% since 2020
-$30.0M-$20.0M-$10.0M02020: -$3.3M-$3.3M20202021: -$6.9M-$6.9M2021+107%2022: -$13.7M-$13.7M2022+97%2023: -$11.2M-$11.2M2023−18%2024: -$10.1M-$10.1M2024−9%2025: -$21.7M-$21.7M2025+115%
Net income67854-$33.2M in 2025+930% since 2020
-$40.0M-$30.0M-$20.0M-$10.0M02020: -$3.2M-$3.2M20202021: -$6.6M-$6.6M2021+106%2022: -$12.9M-$12.9M2022+94%2023: -$11.7M-$11.7M2023−9%2024: -$16.3M-$16.3M2024+39%2025: -$33.2M-$33.2M2025+104%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
REVENUE$2.3M$26.6K
Cost of revenue, excluding depreciation$1.4M$56.0K
Depreciation and amortization$1.2M$650.2K
Impairment of assets$5.6M$4.1M
Consulting$447.3K$393.1K
Investor and public relations$570.2K$273.5K
Lease expense$49.8K$60.2K
Office and administrative$1.1M$663.2K
Professional fees$1.1M$614.3K
Repairs and maintenance$388.4K$20.6K
Research and development$18.8K$75.3K
Sales and marketing$141.4K$123.7K
Severance expense$356.1K
Share-based compensation$1.5M$387.1K
Shareholder and regulatory$238.7K$165.8K
Travel and entertainment$72.1K$47.1K
Wages and salaries$2.1M$2.3M
Realized gain on sale of digital assets-$86.7K
Unrealized loss on market valuation of digital assets$7.8M
Write-off deposit$50.0K
Legal settlement$111.2K
Write-off inventory$6.0K$38.5K
Total operating expenses$24.0M$10.1M
Operating loss-$21.7M-$10.1M
Accretion of interest on debentures$3.1M$3.0M
Change in fair value of derivative liabilities-$3.0M-$1.4M
Foreign exchange loss (gain)$80.4K-$204.7K
(Gain) loss on conversion of convertible debt-$86.6K$1.6M
Loss on debt extinguishment$10.1M$2.8M
Gain on extinguishment of warrant liability-$14.8K
Other (income) expense$33.3K-$29.3K
Other loss$4.3K
Total other expenses, net$10.3M$5.8M
Net loss from continuing operations-$32.0M-$15.9M
Loss from operations of discontinued operations-$320.2K-$403.1K
Loss on disposal of discontinued operations-$880.5K
Net loss from discontinued operations-$1.2M-$403.1K
Net loss-$33.2M-$16.3M
Foreign currency translation$37.2K-$831.7K
Comprehensive loss attributable to common shareholders-$33.2M-$17.1M
Basic net loss per common share for continuing operations-$2-$200
Basic net loss per common share for discontinued operations-$0-$5
Basic net loss per common share, total-$2.03-$205.25
Dilute net loss per common share for continuing operations-$2-$195
Diluted net loss per common share for discontinued operations-$0-$4
Diluted net loss per common share, total-$2.15-$199.51
Basic16.4M shares79.3K shares
Diluted16.6M shares91.0K shares

Compare AVAX ONE TECHNOLOGY LTD. with another company

Corporate structure

AVAX ONE TECHNOLOGY LTD. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of AVAX ONE TECHNOLOGY LTD.

  • AVAX ONE TECHNOLOGY LTD. West Palm Beach, Florida

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What AVAX ONE TECHNOLOGY LTD. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$05 Dec 31, 2024$113.6K5 Dec 31, 2023−100.0%
Property and equipment, before depreciation$4.9M4 Dec 31, 2025$837.5K4 Dec 31, 2024+485.8%
Accumulated depreciation$660.1K4 Dec 31, 2025$28.6K4 Dec 31, 2024+2207.6%
Property and equipment, net$4.2M4 Dec 31, 2025$808.9K4 Dec 31, 2024+424.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$22.1M4 Dec 31, 2025$489.9K4 Dec 31, 2024+4418.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5M4 Dec 31, 2025$294.9K5 Dec 31, 2024+420.6%
Intangible assets, net (excluding goodwill)$408.9K4 Dec 31, 2025$7.8M4 Dec 31, 2024−94.8%
Finite-lived intangibles, gross$2.7M4 Dec 31, 2025$8.0M4 Dec 31, 2024−66.7%
Accumulated amortization-$693.8K4 Dec 31, 2025-$159.9K4 Dec 31, 2024−333.9%
Finite-lived intangibles, net$2.0M4 Dec 31, 2025$7.8M4 Dec 31, 2024−74.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$42.4K5 Dec 31, 2024$38.9K5 Dec 31, 2023+9.2%
Work in process$42.4K5 Dec 31, 2024

Properties, in its own words

The Company currently leases office space at 800-525 West 8th Avenue, Vancouver, British Columbia V5Z 1C6 as its principal office and at 201 South Olive Avenue, West Palm Beach, Florida as it corporate headquarters.

Item 2 of the 10-K filed Mar 31, 2026.3

Leadership

Who has led AVAX ONE TECHNOLOGY LTD., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ingo Wilhelm Mueller2021–2023
  2. Jolie Kahn2026–now

Chair

  1. Ingo Wilhelm Mueller2021–2023

President

  1. Troy McClellan2023

Chief financial officer

  1. Christopher Vincent Polimeni2026–now

Chief operating officer

  1. Peter John Wylie Jr.2026–now
2025
Board members and other officers (10)

Former names

  • AGRIFORCE GROWING SYSTEMS LTD.Oct 13, 2020 to Nov 12, 20252

Timeline

  1. Oct 7, 20268-K Results of operations; Regulation FD disclosure26
  2. Oct 1, 20268-K Regulation FD disclosure27
  3. Sep 29, 20268-K Executive or director change28
  4. Aug 19, 20268-K Executive or director change; Regulation FD disclosure29
  5. Aug 17, 20268-K Entered a material agreement; New debt or obligation30
  6. Aug 5, 20268-K Entered a material agreement; New debt or obligation; Other events31
  7. Jul 9, 20268-K Other events32
  8. Jul 6, 20268-K Unregistered sale of shares; Executive or director change; Regulation FD disclosure33
  9. Jun 9, 20268-K Other events34
  10. May 29, 20268-K Shareholder vote35
  11. May 15, 20268-K Other events36
  12. Apr 24, 20268-K Other events37
  13. Feb 17, 2026New chief executive Jolie Kahn becomes CEO11
  14. Jul 13, 2021New chief executive Ingo Wilhelm Mueller becomes CEO12

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/202638

When it reported results

  1. Oct 7, 2026Reported quarterly or annual results26

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

241 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 81 major events, 31 insider forms, 9 large holders, 99 other. The latest 20:

  1. Oct 7, 20268-K EDGAR
  2. Oct 2, 20263 EDGAR
  3. Oct 2, 20263 EDGAR
  4. Oct 1, 20268-K EDGAR
  5. Sep 29, 2026SCHEDULE 13G EDGAR
  6. Sep 29, 20268-K/A EDGAR
  7. Aug 19, 20268-K EDGAR
  8. Aug 19, 2026SCHEDULE 13G EDGAR
  9. Aug 17, 20268-K EDGAR
  10. Aug 13, 202610-Q EDGAR
  11. Aug 5, 20268-K EDGAR
  12. Jul 9, 20268-K EDGAR
  13. Jul 6, 20268-K EDGAR
  14. Jun 16, 2026RW EDGAR
  15. Jun 9, 20268-K EDGAR
  16. May 29, 20268-K EDGAR
  17. May 15, 2026SCHEDULE 13G/A EDGAR
  18. May 15, 20268-K EDGAR
  19. May 15, 202610-Q EDGAR
  20. May 14, 20263 EDGAR

The 241 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

8 open-market trades by officers, directors and large owners since October 2021: 4 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 24, 2025KAHN JOLIEChief Executive OfficerBuy1,000$1.70$1.7KForm 4
Nov 21, 2025Polimeni Christopher VincentChief Financial OfficerBuy2,500$1.75$4.4KForm 4
Nov 21, 2025KAHN JOLIEChief Executive OfficerBuy3,000$1.65$5.0KForm 4
May 17, 2024Welch David RyanDirectorBuy11$129.42$1.4KForm 4
Aug 1, 2023Mueller Ingo WilhelmDirectorSale100,000$0.13$13.0KForm 4
Jul 20, 2023Mueller Ingo WilhelmDirectorSale200,000$0.14$28.0KForm 4
Jul 19, 2023Mueller Ingo WilhelmDirectorSale200,000$0.15$29.8KForm 4
Jul 18, 2023Mueller Ingo WilhelmDirectorSale250,000$0.16$39.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jolie Kahn61$370.1K$910.9K46
2025Mauro Pennella$215.7K$567.8K46
2025Richard S. Wong$251.7K$479.8K46
2025Chris Polimeni59$220.0K$470.0K46
2025Peter Wylie40$70.0K$220.0K46
2024Chief Executive Officer$312.6K$337.6K46
2024Former Chief Marketing Officer$255.5K$312.1K46
2024Former Chief Financial Officer$260.2K$303.0K46

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Cantor Fitzgerald, L. P.872,686$4.5M0.0%New
Steadfast Capital Management LP410,427$2.1M0.1%New
Kathmere Capital Management, LLC353,356$1.8M0.1%New
Yorkville Advisors Global, LP353,107$1.8M2.1%New
Saba Capital Management, L.P.348,264$1.8M0.1%New
Galaxy Digital Inc.229,678$1.2M0.2%New
Annis Gardner Whiting Capital Advisors, LLC174,925$907.9K0.1%New
Citadel Advisors LLC120,601$625.9K0.0%New
Susquehanna International Group, Llp45,274$235.0K0.0%New
Cerity Partners LLC35,310$183.3K0.0%New
Alpine Global Management, LLC17,654$91.6K0.0%New
Omnia Family Wealth, LLC10,967$56.9K0.0%New
Jpmorgan Chase & Co344$2.0K0.0%New
SBI Securities Co., Ltd.11$570.0%New
Tower Research Capital LLC (TRC)3$160.0%New
UBS Group AG1$50.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How AVAX ONE TECHNOLOGY LTD. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAVAX ONE TECHNOLOGY LTD.1
  • CIK0001826397
  • Employer ID (EIN)00-00000003
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
  • Incorporated inA13
  • Fiscal year endsDecember 311
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address215 S. Olive Avenue, Suite 201, West Palm Beach, FL 334011
  • Phone1-866-226-35141
  • Shares outstanding7,397,383 as of Aug 12, 202610
  • Public float$2.8M as of Jun 30, 20253
  • AuditorCBIZ CPAs P.C., Costa Mesa, CA PCAOB ID 199; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceOct 13, 20201
  • Filings281 in all: 8-K (84), CORRESP (23), 3 (18), 4 (17), 10-Q (16), DEFA14A (15), S-1/A (11), UPLOAD (11)1
    All 38 form types

    DEF 14A (8), EFFECT (8), PRE 14A (7), 424B5 (6), S-1 (6), 10-K (5), 424B4 (5), SCHEDULE 13G (5), 424B3 (4), PRER14A (4), S-3 (4), S-3/A (3), 8-K/A (2), DRS/A (2), SCHEDULE 13G/A (2), 10-K/A (1), 25-NSE (1), 8-A12B (1), ARS (1), CERT (1), DEFM14A (1), DRS (1), NT 10-K (1), NT 10-Q (1), PREM14A (1), RW (1), S-1MEF (1), S-8 (1), SC 13G (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Apr 23, 2026
    Latest 8-K (8-K) Oct 7, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesAVXNASDAQ

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks AVAX ONE TECHNOLOGY LTD. names in Item 1A of its 10-K filed Mar 31, 2026: 19 risks under these headings, as written.3

  • Risks Related to Our Business
  • We are an early-stage company with a limited operating history and a history of losses, and we may never become profitable.
  • We expect to need additional financing to expand our operations, and we may not be able to obtain financing on acceptable terms, or at all, which could have a material adverse effect on our business, financial condition, results of operations, cash flow and prospects.
  • We have engaged in, and in the future may engage in, strategic transactions, investments and other arrangements that could disrupt our business, cause dilution to our shareholders, reduce our financial resources and harm our operating results.
  • The industries in which we participate are highly competitive, and we may be unable to successfully and profitably compete against companies with greater resources and capitalization.
  • If we are unable to attract and retain key personnel, we may not be able to compete effectively.
  • Risks Related to the Company’s DAT Strategy and Cryptocurrency Holdings
  • Our financial results and the market price of our common shares may be affected by the prices of AVAX and other digital assets we may hold.
  • If we were deemed to be an investment company under the 1940 Act, applicable restrictions likely would make it impractical for us to continue segments of our business as currently contemplated.
  • Regulatory developments related to crypto assets and crypto asset markets may adversely affect our business, financial condition, and results of operations.
  • Our management team relies upon the advice of an asset manager through an asset management agreement to assist in building a narrowly focused investment strategy and the execution of the Company’s strategy and may not yield the desired return.
  • Cryptocurrency price volatility may materially depress asset valuations, necessitating substantial cash reserves or liquidity buffers to maintain operational resilience. These risks are compounded by the lack of comprehensive regulation governing cryptocurrency trading platforms, which face material exposure to fraud, market manipulation, security breaches, and operational failures that could materially and adversely affect the value of our cryptocurrency holdings.
The other 9 risks
  • If we or our third-party service providers experience a security breach or cyber-attack and unauthorized parties obtain access to our cryptocurrency, or if our private keys are lost or destroyed, or other similar circumstances or events occur, we may lose some or all of our cryptocurrency and our financial condition and results of operations could be materially adversely affected.
  • We face significant risks relating to disruptions, forks, 51% attacks, hacks, network disruptions, or other adverse events or other compromises to the cryptocurrency blockchains, which could materially and adversely impact our business, financial condition and results of operations.
  • General Risk Factors
  • Our share price and trading volume have fluctuated in the past, have recently been volatile and may be volatile in the future, including for reasons that may be unrelated to our operating performance or prospects, and, as a result, investors in our common shares could incur substantial losses.
  • If we fail to meet all applicable Nasdaq Capital Market requirements and Nasdaq determines to delist our common shares, the delisting could adversely affect the market liquidity of our common shares, impair the value of your investment and adversely affect our ability to raise needed funds.
  • Our management team is, and, in the future, will be, required to devote substantial time to regulatory compliance, which may divert our attention from the day-to-day management of our business.
  • Because we do not anticipate paying any cash dividends on our capital stock in the foreseeable future, capital appreciation, if any, will be shareholders’ sole source of gain.
  • For so long as we qualify as an “emerging growth company,” we will be subject to scaled disclosure and compliance requirements, which will provide our shareholders with less information about us.
  • If we are classified as a passive foreign investment company for U.S. federal income tax purposes, U.S. holders of our common shares (or securities exercisable for or convertible into our common shares) may suffer adverse tax consequences.
  • We may become subject to litigation, which may have a material adverse effect on our reputation, business, results from operations, and financial condition.

Legal proceedings

We are subject to the legal proceedings and claims described in detail in Note 18, “Commitments and Contingencies” to the audited financial statements included in this Annual Report on Form 10-K. Although the results of litigation and claims cannot be predicted with certainty, as of the date of this Annual Report on Form 10-K, we do not believe the outcome of such legal proceeding and claims, if determined adversely to us, would be reasonably expected to have a material adverse effect on our business. Regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources and other factors.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
    SEC EDGAROther events
  33. 33
  34. 34
    SEC EDGAROther events
  35. 35
  36. 36
    SEC EDGAROther events
  37. 37
    SEC EDGAROther events
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46