Overview
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- TickerTRXA on OTC1
- IndustryFinance Services1
- HeadquartersPlantation, Florida1
- Incorporated inNV4
- Business address7301 Nw 4Th Street, Suite 102, Plantation, Fl 333174
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formCorporation
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Investing in our securities involves a high degree of risk. Prior to making a decision about investing in our securities, you should carefully consider the risk factors discussed in Section 1A, “ Risk Factors ”.5 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
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue75¢$118.6K
- Interest25¢$40.1K
Out of $32.4K in revenue.23 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Mining revenue | $15.7K | $15.8K |
| Hosting revenue | $14.9K | $0 |
| Unrealized gain (loss) on bitcoin held | $1.8K | $0 |
| Total revenues | $32.4K | $15.8K |
| Depreciation & amortization | $50.7K | $14.9K |
| Hosting | $0 | $11.8K |
| Electricity | $44.0K | $0 |
| Contract labor | $24.0K | $0 |
| Environmental expense | $0 | $3.5K |
| Total cost of goods sold | $118.6K | $30.3K |
| Gross Loss | -$86.2K | -$14.4K |
| Transfer agent and filing fees | $24.4K | $32.2K |
| Professional fees | $197.4K | $79.6K |
| Management and consulting fees | $694.3K | $498.0K |
| Share based compensation | $322.5K | $338.4K |
| Administration fees | $790.6K | $33.1K |
| Total operating expenses | $2.0M | $981.4K |
| Loss from Operations | -$2.1M | -$995.8K |
| Interest expense | -$108.2K | -$27.5K |
| Loss on impairment of intangible asset (software) | -$192.5K | $0 |
| Gain (loss) on derivative liabilities | -$119.5K | $0 |
| Total other income (expense) | -$420.2K | -$27.5K |
| Loss Before Income Taxes | -$2.5M | -$1.0M |
| Less: Provision for Income Taxes | $0 | $0 |
| Net Loss | -$2.5M | -$1.0M |
| Basic and Dilutive Net Loss Per Share | -$0.13 | -$0.06 |
| Basic and Dilutive - Weighted average number of common shares outstanding | 20.2M shares | 18.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Cash & cash equivalents | $49.7K | $36 | $23.9K |
| Bitcoin held | $17.5K | $0 | |
| Prepaid consulting | $13.3K | $152.2K | |
| Prepaid expense | $15.0K | $0 | |
| TOTAL CURRENT ASSETS | $95.6K | $152.2K | |
| Plant and equipment, net | $588.4K | $0 | |
| Prepaid consulting | $13.3K | $0 | |
| Other assets | $77.1K | ||
| TOTAL NON -CURRENT ASSETS | $678.8K | $0 | |
| TOTAL ASSETS | $774.3K | $152.2K | |
| Accounts payable and accrued expenses | $56.1K | $58.0K | |
| Due to related party- accrued compensation | $508.2K | $664.4K | |
| Due to related party- advances | $5.2K | $13.6K | |
| Note payable - unrelated parties | $401.8K | $134.4K | |
| Interest payable - unrelated parties | $13.0K | $5.0K | |
| Notes payable - related parties | $304.4K | $357.5K | |
| Interest payable - related parties | $9.4K | $12.0K | |
| Derivative liability | $34.6K | $0 | |
| Deposit payable | $0 | $15.0K | |
| TOTAL CURRENT LIABILITIES | $1.3M | $1.3M | |
| Stock subscription payable | $504.3K | $0 | |
| TOTAL NON -CURRENT LIABILITIES | $504.3K | $0 | |
| TOTAL LIABILITIES | $1.8M | $1.3M | |
| Commitments and contingencies (Note 11) | $0 | $0 | |
| Common stock, 0.0001 par value, authorized 350,000,000 shares and 25,067,479 and 18,223,953 issued and outstanding as of June 30, 2025, and June 30, 2024, respectively | $2.5K | $1.8K | |
| Additional paid In capital | $8.2M | $5.9M | |
| Stock subscription payable | $319.0K | $15.2K | |
| Accumulated deficit | -$9.6M | -$7.0M | |
| TOTAL STOCKHOLDERS' EQUITY (DEFICIT) | -$1.1M | -$1.1M | -$276.4K |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $774.3K | $152.2K | |
| Common stock, shares par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 350.0M shares | 350.0M shares | |
| Common stock, shares issued | 25.1M shares | 18.2M shares | |
| Common stock, shares outstanding | 25.1M shares | 18.2M shares |
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Cash & cash equivalents | $49.7K | $36 | $23.9K |
| Bitcoin held | $17.5K | $0 | |
| Prepaid consulting | $13.3K | $152.2K | |
| Prepaid expense | $15.0K | $0 | |
| TOTAL CURRENT ASSETS | $95.6K | $152.2K | |
| Plant and equipment, net | $588.4K | $0 | |
| Prepaid consulting | $13.3K | $0 | |
| Other assets | $77.1K | ||
| TOTAL NON -CURRENT ASSETS | $678.8K | $0 | |
| TOTAL ASSETS | $774.3K | $152.2K | |
| Accounts payable and accrued expenses | $56.1K | $58.0K | |
| Due to related party- accrued compensation | $508.2K | $664.4K | |
| Due to related party- advances | $5.2K | $13.6K | |
| Note payable - unrelated parties | $401.8K | $134.4K | |
| Interest payable - unrelated parties | $13.0K | $5.0K | |
| Notes payable - related parties | $304.4K | $357.5K | |
| Interest payable - related parties | $9.4K | $12.0K | |
| Derivative liability | $34.6K | $0 | |
| Deposit payable | $0 | $15.0K | |
| TOTAL CURRENT LIABILITIES | $1.3M | $1.3M | |
| Stock subscription payable | $504.3K | $0 | |
| TOTAL NON -CURRENT LIABILITIES | $504.3K | $0 | |
| TOTAL LIABILITIES | $1.8M | $1.3M | |
| Commitments and contingencies (Note 11) | $0 | $0 | |
| Common stock, 0.0001 par value, authorized 350,000,000 shares and 25,067,479 and 18,223,953 issued and outstanding as of June 30, 2025, and June 30, 2024, respectively | $2.5K | $1.8K | |
| Additional paid In capital | $8.2M | $5.9M | |
| Stock subscription payable | $319.0K | $15.2K | |
| Accumulated deficit | -$9.6M | -$7.0M | |
| TOTAL STOCKHOLDERS' EQUITY (DEFICIT) | -$1.1M | -$1.1M | -$276.4K |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $774.3K | $152.2K | |
| Common stock, shares par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 350.0M shares | 350.0M shares | |
| Common stock, shares issued | 25.1M shares | 18.2M shares | |
| Common stock, shares outstanding | 25.1M shares | 18.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Net Loss | -$2.5M | -$1.0M |
| Share based Compensation expense | $222.0K | $338.4K |
| Depreciation & Amortization | $50.7K | $14.9K |
| Loss on impairment of intangible asset (software) | $192.5K | $0 |
| Interest expense | $40.1K | $0 |
| Consulting services paid in shares | $12.9K | $0 |
| Compensation paid in form of Note payable | $120.0K | $0 |
| Loss (Gain) on derivative liability | $119.5K | $0 |
| Loan Cost - paid by share issuance | $661.7K | $15.2K |
| Legal costs - paid by share issuance | $60.0K | $0 |
| Debt issuance costs - Warrants issued | $180.3K | $0 |
| Bitcoin Held | -$17.5K | $0 |
| Prepaid expense | -$15.0K | $0 |
| Other assets | -$77.1K | $0 |
| Accounts payable and accrued expenses | $4.8K | -$5.8K |
| Interest payable to third parties | $13.2K | $5.0K |
| Interest payable to related parties | $0 | $12.0K |
| Advances payable to related parties | $35.4K | $13.6K |
| Balances owed to related parties | $168.3K | $0 |
| Deposit payable | $0 | $15.0K |
| Net cash used in operating activities | -$763.8K | -$614.9K |
| Purchase of Orofino Facility | -$360.6K | $0 |
| Purchase of Intangible asset | -$10.0K | $0 |
| Net cash used in investing activities | -$370.6K | $0 |
| Shares issued for cash | $835.0K | $0 |
| Net Proceeds from related party debt | $0 | $168.6K |
| Repayment of convertible notes | -$10.0K | $0 |
| Proceeds from issuance of note payable - related parties | $282.4K | $357.5K |
| Proceeds from issuance of note payable - unrelated parties | $76.6K | $64.8K |
| Net cash provided by financing activities | $1.2M | $591.0K |
| NET INCREASE/(DECREASE) IN CASH | $49.7K | -$23.9K |
| Interest Paid | $3.8K | $0 |
| Taxes Paid | $0 | $0 |
| Purchase of intangible asset worth $210,000, of which $200,000 worth of shares issued and $10,000 paid in cash | $200.0K | $0 |
| Purchase of Orofino facility worth $500,980 through issuance of Note Payables to Seller of $267,555 and paid $240,075 in cash | $267.6K | $0 |
| Conversion of Note payable along with interest in stock subscription payable, to be issued after year end | $554.7K | $0 |
| Shares issued to settle deposit payable | $15.0K | $0 |
| Shares issued for the obligation earlier booked | $49.6K | $0 |
| Share issued for redemption of warrants | $242 | $0 |
| Share issued for conversion of Note payable | $135.8K | $0 |
| Share issued to fulfil obligation of issuance of share | $35.9K | $0 |
| Share issued for settlement of Advisor fee payable | $270.0K | $0 |
| Share issued for settlement of board fee payable | $63.0K | $0 |
| Conversion of accrued Interest to Note Payable | $14.3K | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
T-REX Acquisition Corp. 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 T-REX Acquisition Corp.
- Squadron Marketing LLC Filed SC 13D on T-REX Acquisition Corp., latest Dec 2, 2021
- Lazarus Asset Management, LLC Filed SC 13D on T-REX Acquisition Corp., latest Nov 4, 2021
- T-REX Acquisition Corp. Plantation, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What T-REX Acquisition Corp. 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $1.2M2 Jun 30, 2025 | $533.5K2 Jun 30, 2024 | +116.5% |
| Accumulated depreciation | $556.2K2 Jun 30, 2025 | $533.5K2 Jun 30, 2024 | +4.3% |
| Property and equipment, net | $588.4K2 Jun 30, 2025 | $02 Jun 30, 2024 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Deposits held (banks) | $77.1K2 Jun 30, 2025 |
Properties, in its own words
Real Property and Offices
Our executive, administrative and operating offices were previously provided at no cost on a month-to-month basis to us by our President, Frank Horkey, and are located at 151 N Nob Hill Road, Suite 402, Plantation, FL 33324. As of July 1, 2025, we lease office space from our President at a cost of $250 per month. The term of the lease is for 1 year, ended on June 30, 2023, and was renewed on July 1, 2024, for an additional year through June 30, 2025. On June 30, 2025, $3,000 of rent expense was accrued and is included in Accounts Payable and Accrued Expenses. The Company anticipates operational expansion in about a year; this related party lease is evaluated annually to determine if its premises meet projected operational needs and therefore management cannot determine if it has intent to continue in the arrangement for more than 365 days.
The rest of Item 2
In October 2024, Megalodon assumed operations of the data center previously under a letter of Intent in Orofino, Idaho. The transaction closed in March 2025, and the costs of operation paid on behalf of the seller of the facility for that five-month period prior to the acquisition of approximately $93,000 (as part of the purchase consideration) were capitalized into the acquisition cost. The $507,000 acquisition cost was financed through a closing credit of approximately $32,000, a $267,555 Deed of Trust and a promissory note with an 8 percent coupon in favor of Peak Digital Solutions, LLC (the seller) due May 15, 2025 and a second $207,000 Deed of Trust and promissory note with a 12 percent in favor the Frank Horkey, the Company’s President for approximately $207,000 due March 8, 2026.
ASIC Cryptocurrency Mining Equipment and Other Material Property
As of June 30, 2025, we owned sixty-eight (68) Bitmain S19 ASIC miners. We are actively seeking to purchase additional ASIC miners to scale our cryptocurrency mining operations and virtual asset acquisitions. These miners were fully depreciated as of June 30, 2025.
In March 2025, we completed the purchase of our first collocation facility in Orofino Idaho for $500,000, which included 30 miners, valued at approximately $22,700. (See “NOTE 17. Subsequent Events” regarding the status of our previously owned and recently acquired ASIC miners.)
Item 2 of the 10-K filed Oct 31, 2025.5
Leadership
Who has led T-REX Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerWarren Gilbert Oct 9, 2013 to Oct 9, 201316
- PresidentWarren Gilbert Oct 9, 2013 to Oct 9, 201316
Board members and other officers (1)
- Board memberWarren Gilbert Oct 9, 2013 to Oct 9, 201316
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorFrank Horkey named Apr 11, 202517
Former names
Timeline
- Jul 21, 20268-K Other events18
- May 15, 20268-K Executive or director change19
- Apr 23, 20268-K Other events20
- Apr 10, 20268-K Executive or director change21
- Apr 1, 20268-K Other events22
- Jan 8, 20268-K Other events23
- Jan 7, 20268-K Executive or director change24
- Dec 10, 20258-K Other events25
- Nov 19, 20258-K Executive or director change26
- Aug 13, 20258-K Impairment; Other events27
- May 12, 20258-K Other events28
- Apr 1, 20258-K Other events29
- Oct 9, 2013New chief executive Warren Gilbert becomes CEO16
Filings
77 filings to the SEC since October 2021: 6 annual reports, 18 quarterly reports, 19 major events, 2 large holders, 1 private raises, 31 other. The latest 20:
- Sep 28, 2026NT 10-K EDGAR
- Jul 21, 20268-K EDGAR
- May 26, 202610-Q EDGAR
- May 15, 20268-K EDGAR
- May 14, 2026NT 10-Q EDGAR
- Apr 23, 20268-K EDGAR
- Apr 10, 20268-K EDGAR
- Apr 1, 20268-K EDGAR
- Feb 23, 202610-Q EDGAR
- Feb 23, 2026NT 10-Q EDGAR
- Jan 8, 20268-K EDGAR
- Jan 7, 20268-K EDGAR
- Dec 10, 20258-K EDGAR
- Nov 28, 202510-Q EDGAR
- Nov 19, 20258-K EDGAR
- Nov 17, 2025NT 10-Q EDGAR
- Oct 31, 202510-K EDGAR
- Sep 30, 2025NT 10-K EDGAR
- Aug 13, 20258-K EDGAR
- Jun 6, 202510-Q EDGAR
The 77 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.
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.
- Squadron Marketing LLCSC 13D, 1 filing Dec 2, 202130
- Lazarus Asset Management, LLCSC 13D, 1 filing Nov 4, 202131
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How T-REX Acquisition Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGART-REX Acquisition Corp.1
- CIK0001437750
- Employer ID (EIN)26-17540345
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inNevada5
- Fiscal year endsJune 301
- Industry code (SIC)6199 Finance Services1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business address7301 Nw 4Th Street, Suite 102, Plantation, FL 333171
- Phone954-742-30011
- Shares outstanding30,149,940 as of May 26, 202614
- Public float$6.4M as of Dec 31, 20245
- AuditorINTEGRITAT CPA, Boca Raton, Florida PCAOB ID 66245
- On EDGAR sinceJul 25, 20081
- Filings167 in all: 10-Q (34), 8-K (30), NT 10-Q (21), 10-K (17), 10-Q/A (16), NT 10-K (9), UPLOAD (8), 10-K/A (7)1
All 23 form types
CORRESP (6), SC 13D (3), EFFECT (2), S-1 (2), S-1/A (2), 3 (1), 424B1 (1), 8-A12G (1), D (1), DEF 14C (1), DEL AM (1), NTN 10K (1), PRE 14C (1), SC 13G (1), SC 13G/A (1)
- Latest filingsAnnual report (10-K) Oct 31, 2025
Quarterly report (10-Q) May 26, 2026
Latest 8-K (8-K) Jul 21, 2026
Risk factors and legal proceedings
The risks T-REX Acquisition Corp. names in Item 1A of its 10-K filed Oct 31, 2025: 22 risks under these headings, as written.5
- General Risks
- We have a history of operating losses, and we may be unable to achieve or sustain profitability.
- We have an unproven business model
- Although Bitcoin is presently the most prominent cryptocurrency, another cryptocurrency could supplant it as the most prominent cryptocurrency, which could have a materially negative effect on the demand for Bitcoin and, therefore, on its conversion spot price.
- We have acquired and deployed miners that make use of application-specific integrated circuit (ASIC) chips, which are currently designed exclusively for Bitcoin mining.
- We expect to incur significant costs in connection with reconfiguration or to acquire replacement miners
- If our energy provider Clearwater Electric cannot supply sufficient economical electric power for us to operate our new miners, we may be required to relocate some or all of our miners to alternate co-location facilities, which may have a less advantageous cost structure, and negatively impact our results of operations.
- Failure to effectively manage our growth could place strains on our managerial, operational, and financial resources and could adversely affect our business and operating results.
- Significant contributors to the Bitcoin network could propose amendments to its protocols and software which, if accepted and authorized, could negatively impact our business and operations.
- The open-source structure of the Bitcoin network protocol may result in inconsistent or ineffective changes to the Bitcoin protocol; failed upgrades or maintenance to the protocol could damage the Bitcoin network, which could adversely affect our business and the results of our operations.
- Our ability to adopt technology in response to changing security needs or trends poses a challenge to the safekeeping of our digital assets.
- The limited rights of legal recourse available to us and our lack of insurance protection for risk of loss of our digital assets exposes us and our shareholders to the risk of loss of our digital assets for which no person may ultimately be held liable and we may be unable to recover our losses.
The other 12 risks
- If regulatory changes or interpretations of our activities require our registration as a money services business (“MSB”) under the regulations promulgated by “FinCEN” (Financial Crime Enforcement Network- a division of the U.S. Department of the Treasury) under the authority of the U.S. Bank Secrecy Act, or otherwise under other federal or state laws, we may incur significant compliance costs, which could be cost prohibitive; if we become subject to these regulations, our costs in complying with them may have a material negative effect on our business and the results of our operations.
- Current status of the regulation of the exchange of Bitcoin under the CEA by the CFTC is unclear; to the extent we become subject to regulation under the CFTC in connection with our exchange of Bitcoin, we may incur additional compliance costs, which may be significant.
- Currently Bitcoin and other cryptocurrencies are not subject to regulation by in the United States by any federal banking or Federal Reserve regulatory agencies.
- Unfavorable global economic, business, or political conditions could adversely affect our business, financial condition, or results of operations.
- Our future success will depend in large part upon the value of Bitcoin; if we are unable and if we are not able to mine Bitcoin and sell it at prices favorable to us, the results of our operations will suffer.
- Risks Related to an Investment in Our Securities
- We expect to experience volatility in the price of our common stock, which could negatively affect stockholders’ investments.
- Our common stock may be categorized as “penny stock,” which may make it more difficult for investors to sell their shares of common stock due to suitability requirements.
- Financial Industry Regulatory Authority (“FINRA”) sales practice requirements may also limit a stockholder’s ability to buy and sell our common stock, which could depress the price of our common stock.
- The elimination of monetary liability against our directors, officers, and employees under Nevada law and the existence of indemnification rights for our obligations to our directors, officers, and employees may result in substantial expenditures by us and may discourage lawsuits against our directors, officers, and employees.
- We may issue additional shares of common stock in the future, which could cause significant dilution to all stockholders.
- Anti-takeover effects of certain provisions of Nevada state law may hinder a potential takeover of us.
- Because we do not intend to pay any cash dividends in the foreseeable future on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
Legal proceedings
As of the date of this Annual Report, management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties other than a foreclosure action by the seller of our Orofino facility filed on October 6, 2025, We have approximately 115 days from the date of filing to cure the default, which is approximately $335,000. We are currently in the process of refinancing the property using a third-party lender. As of the date of this Annual Report, no director, officer, or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGAROther events
- 19SEC EDGARExecutive or director change
- 20SEC EDGAROther events
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- 22SEC EDGAROther events
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- 24SEC EDGARExecutive or director change
- 25SEC EDGAROther events
- 26SEC EDGARExecutive or director change
- 27SEC EDGARImpairment; Other events
- 28SEC EDGAROther events
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