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TBH

Brag House Holdings, Inc.

TBH

Brag House Holdings, Inc. NASDAQ
$0.94 0.54% (+0.01)

Market Cap $10.23 M
52w High $6.96
52w Low $0.52
Dividend Yield 0%
P/E -18.89
Volume 76.56K
Outstanding Shares 10.83M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $1.63M $2.541M 0% $0.23 $2.541M
Q2-2025 $0 $1.775M $-1.705M 0% $-0.16 $-1.705M
Q1-2025 $0 $584.47K $-1.068M 0% $-0.14 $-628.964K
Q4-2024 $50 $231.247K $-287.337K -574.674K% $-0.027 $-93.428K
Q3-2024 $0 $549.438K $-1.01M 0% $-0.096 $-305.819K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $9.596M $18.211M $1.609M $16.602M
Q2-2025 $1.549M $2.254M $1.353M $900.735K
Q1-2025 $3.458M $3.709M $2.102M $1.607M
Q4-2024 $29.228K $1.302M $9.758M $-8.456M
Q3-2024 $33.889K $718.59K $6.798M $-6.079M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.541M $-989.076K $-4M $13.036M $8.047M $-989.076K
Q2-2025 $-1.705M $-1.46M $0 $-449.5K $-1.909M $-1.46M
Q1-2025 $-1.068M $-1.767M $0 $5.196M $3.429M $-1.767M
Q4-2024 $-287.337K $-43.177K $0 $52.5K $9.323K $-43.177K
Q3-2024 $-1.01M $-343.97K $0 $355.702K $11.732K $-343.97K

Five-Year Company Overview

Income Statement

Income Statement Brag House looks like a very early‑stage, effectively pre‑revenue company. Over the past several years, it has not reported meaningful sales or gross profit, which suggests it has been focused on building the platform and audience rather than monetizing them. Reported earnings per share have been negative each year, indicating ongoing losses typical of a startup investing in growth. In plain terms, this is a company still in “build and prove” mode, not yet in “scale and profit” mode, and the historical figures are more about development costs than business performance.


Balance Sheet

Balance Sheet The balance sheet data is extremely thin and likely incomplete, but what is shown points to a very small, lightly capitalized business. Reported assets and cash are essentially zero, with a small amount of debt and slightly negative equity in recent years. That combination implies the company has limited financial cushion and relies heavily on outside funding and corporate events, like the planned merger, to support operations. Overall, the balance sheet reflects a young, high‑risk profile with little hard backing so far.


Cash Flow

Cash Flow The cash flow line items are all reported as zero, which is almost certainly more about disclosure limits than reality. Given the ongoing losses, it is reasonable to infer that operating cash flow has been negative, funded by equity or other external capital. With no visible investment or capital spending data, it is hard to judge how efficiently money has been used or how much runway the company has. The key takeaway is that this is a cash‑dependent, funding‑sensitive business, and detailed cash dynamics are not yet transparent.


Competitive Edge

Competitive Edge Competitively, Brag House has carved out a very specific niche: casual college gamers and Gen Z communities. Its strength lies in deep engagement with this group, a tailored social and tournament platform, and a brand position that feels more like a campus hangout than a generic gaming service. The planned merger with House of Doge adds a financial‑technology layer that most rivals in gaming and social media do not have. However, it still operates in a crowded space dominated by much larger platforms for chat, streaming, esports, and NIL deals. Its moat will depend on whether it can turn strong community engagement and proprietary data into must‑have tools for brands and partners before bigger players copy the model.


Innovation and R&D

Innovation and R&D Innovation is the clear focal point of the Brag House story. The company is building on three main fronts: a community‑centric gaming and social platform for college students, an NIL digital asset marketplace for athletes using blockchain, and a data‑driven analytics engine powered by AI and machine learning. On top of that, the House of Doge merger aims to layer in payments, asset management, and tokenization of real‑world assets, effectively blending gaming, social media, and fintech. This is an ambitious roadmap with high upside if executed well, but it also carries material execution, regulatory, and technology‑integration risks, especially for a small, pre‑revenue business.


Summary

Overall, TBH looks less like a traditional operating company and more like a venture‑style platform bet at the intersection of Gen Z media, gaming, and emerging financial technology. The historic financials show no real revenue base yet and continued losses, together with a very thin balance sheet, so the current investment case is almost entirely about future potential rather than current performance. The strategic appeal lies in its focused Gen Z community, proprietary data ambitions, and the transformative House of Doge merger, which could open up multiple new revenue streams from advertising, subscriptions, NIL monetization, and fintech services. At the same time, the combination of early stage, limited disclosed cash resources, intense competition, and a very ambitious product roadmap means the outcome is highly uncertain and will hinge on flawless execution, successful integration, and continued access to capital.