TZUP
TZUP
Thumzup Media CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $385 ▲ | $10.6M ▲ | $-10.45M ▼ | -2.71M% ▲ | $-0.77 ▼ | $-10.4M ▼ |
| Q2-2025 | $15 ▼ | $1.66M ▼ | $-1.19M ▲ | -7.95M% ▼ | $-0.12 ▲ | $-1.62M ▲ |
| Q1-2025 | $151 ▼ | $1.7M ▼ | $-2.13M ▲ | -1.41M% ▲ | $-0.23 ▲ | $-1.7M ▲ |
| Q4-2024 | $156 ▲ | $2.65M ▲ | $-2.7M ▼ | -1.73M% ▼ | $-0.33 ▼ | $-2.6M ▼ |
| Q3-2024 | $150 | $442.85K | $-441.84K | -294.56K% | $-0.06 | $-415.35K |
What's going well?
Revenue increased sharply, though it's still very low. Interest income provided a small offset to losses. No dilution this quarter.
What's concerning?
Operating expenses and losses skyrocketed, completely overwhelming the small revenue. The company is burning cash at an unsustainable rate, with no sign of meaningful sales.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $44.08M ▲ | $51.66M ▲ | $882.7K ▲ | $50.78M ▲ |
| Q2-2025 | $60.43K ▼ | $2.6M ▼ | $781.27K ▲ | $1.82M ▼ |
| Q1-2025 | $1.04M ▼ | $3.18M ▼ | $383.74K ▲ | $2.8M ▼ |
| Q4-2024 | $4.68M ▲ | $5.1M ▲ | $335.2K ▲ | $4.77M ▲ |
| Q3-2024 | $110.25K | $421.48K | $233.52K | $187.96K |
What's financially strong about this company?
The company has $44.1 million in cash and almost no debt, giving it a huge safety margin. Current assets cover liabilities more than 50 times over, and the balance sheet is almost all liquid assets.
What are the financial risks or weaknesses?
Retained earnings are deeply negative, showing the company has lost money over its history. The surge in equity and cash likely comes from selling new shares, not profits, so long-term profitability is still a concern.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-10.45M ▼ | $-2.3M ▼ | $-4.6M ▼ | $50.92M ▲ | $44.02M ▲ | $-4.4M ▼ |
| Q2-2025 | $-1.17M ▲ | $-1.4M ▼ | $-72.65K ▲ | $500K ▲ | $-974.75K ▲ | $-1.47M ▼ |
| Q1-2025 | $-2.13M ▲ | $-1.26M ▲ | $-2.09M ▼ | $-298.21K ▼ | $-3.65M ▼ | $-1.26M ▲ |
| Q4-2024 | $-2.7M ▼ | $-2.43M ▼ | $-34.93K ▲ | $7.04M ▲ | $4.57M ▲ | $-2.47M ▼ |
| Q3-2024 | $-441.84K | $-377.85K | $-50.35K | $140K | $-288.2K | $-428.2K |
What's strong about this company's cash flow?
The company now has a much larger cash balance ($44 million), giving it more time to try to turn things around. It is not dependent on debt, so there is no risk of default from loans.
What are the cash flow concerns?
The business is burning more cash each quarter, and only survives by selling new shares, which dilutes existing owners. If it can't keep raising money, it will run out of cash.
5-Year Trend Analysis
A comprehensive look at Thumzup Media Corporation's financial evolution and strategic trajectory over the past five years.
The company now has a much stronger financial foundation than before, with a large cash balance, no debt, and solid short-term liquidity, giving it room to pursue its strategy. Its business model is asset-light and conceptually scalable, with very high gross margins if revenue can be grown. Strategically, it occupies a differentiated position by combining a micro-influencer AdTech platform with a digital asset mining business and AI-driven innovation, which could open multiple avenues for future growth.
The most pressing risks are operational and financial. Revenue remains tiny and has recently declined, while losses and cash burn have expanded, leading to deeply negative accumulated earnings. The 회사 depends heavily on continued access to equity markets to fund operations, exposing shareholders to potential dilution. Strategically, the pivot into crypto mining adds exposure to highly volatile and regulatory-sensitive markets. Execution risk is elevated due to the need to integrate diverse business lines and deliver on an ambitious technology roadmap with finite resources.
The near- to medium-term outlook depends on whether TZUP can translate its strengthened balance sheet and innovative concepts into real commercial traction. Success would likely require either a clear inflection in revenue from its AdTech platform, effective scaling of its mining operations, or a meaningful reduction in operating costs relative to current levels. Until that happens, the story remains that of a speculative, early-stage company with substantial upside potential but equally substantial uncertainty and dependence on external capital. Results could vary widely depending on management execution, market conditions in advertising and crypto, and the company’s ability to maintain investor support.
About Thumzup Media Corporation
https://www.thumzupmedia.comThumzup Media Corporation, a software company, engages in building an influencer community around its mobile app. Its application generates word-of-mouth product posts and recommendations for advertiser on social media and connects advertisers with individuals who are willing to promote their products online. The company was incorporated in 2019 and is headquartered in Carson City, Nevada.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $385 ▲ | $10.6M ▲ | $-10.45M ▼ | -2.71M% ▲ | $-0.77 ▼ | $-10.4M ▼ |
| Q2-2025 | $15 ▼ | $1.66M ▼ | $-1.19M ▲ | -7.95M% ▼ | $-0.12 ▲ | $-1.62M ▲ |
| Q1-2025 | $151 ▼ | $1.7M ▼ | $-2.13M ▲ | -1.41M% ▲ | $-0.23 ▲ | $-1.7M ▲ |
| Q4-2024 | $156 ▲ | $2.65M ▲ | $-2.7M ▼ | -1.73M% ▼ | $-0.33 ▼ | $-2.6M ▼ |
| Q3-2024 | $150 | $442.85K | $-441.84K | -294.56K% | $-0.06 | $-415.35K |
What's going well?
Revenue increased sharply, though it's still very low. Interest income provided a small offset to losses. No dilution this quarter.
What's concerning?
Operating expenses and losses skyrocketed, completely overwhelming the small revenue. The company is burning cash at an unsustainable rate, with no sign of meaningful sales.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $44.08M ▲ | $51.66M ▲ | $882.7K ▲ | $50.78M ▲ |
| Q2-2025 | $60.43K ▼ | $2.6M ▼ | $781.27K ▲ | $1.82M ▼ |
| Q1-2025 | $1.04M ▼ | $3.18M ▼ | $383.74K ▲ | $2.8M ▼ |
| Q4-2024 | $4.68M ▲ | $5.1M ▲ | $335.2K ▲ | $4.77M ▲ |
| Q3-2024 | $110.25K | $421.48K | $233.52K | $187.96K |
What's financially strong about this company?
The company has $44.1 million in cash and almost no debt, giving it a huge safety margin. Current assets cover liabilities more than 50 times over, and the balance sheet is almost all liquid assets.
What are the financial risks or weaknesses?
Retained earnings are deeply negative, showing the company has lost money over its history. The surge in equity and cash likely comes from selling new shares, not profits, so long-term profitability is still a concern.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-10.45M ▼ | $-2.3M ▼ | $-4.6M ▼ | $50.92M ▲ | $44.02M ▲ | $-4.4M ▼ |
| Q2-2025 | $-1.17M ▲ | $-1.4M ▼ | $-72.65K ▲ | $500K ▲ | $-974.75K ▲ | $-1.47M ▼ |
| Q1-2025 | $-2.13M ▲ | $-1.26M ▲ | $-2.09M ▼ | $-298.21K ▼ | $-3.65M ▼ | $-1.26M ▲ |
| Q4-2024 | $-2.7M ▼ | $-2.43M ▼ | $-34.93K ▲ | $7.04M ▲ | $4.57M ▲ | $-2.47M ▼ |
| Q3-2024 | $-441.84K | $-377.85K | $-50.35K | $140K | $-288.2K | $-428.2K |
What's strong about this company's cash flow?
The company now has a much larger cash balance ($44 million), giving it more time to try to turn things around. It is not dependent on debt, so there is no risk of default from loans.
What are the cash flow concerns?
The business is burning more cash each quarter, and only survives by selling new shares, which dilutes existing owners. If it can't keep raising money, it will run out of cash.
5-Year Trend Analysis
A comprehensive look at Thumzup Media Corporation's financial evolution and strategic trajectory over the past five years.
The company now has a much stronger financial foundation than before, with a large cash balance, no debt, and solid short-term liquidity, giving it room to pursue its strategy. Its business model is asset-light and conceptually scalable, with very high gross margins if revenue can be grown. Strategically, it occupies a differentiated position by combining a micro-influencer AdTech platform with a digital asset mining business and AI-driven innovation, which could open multiple avenues for future growth.
The most pressing risks are operational and financial. Revenue remains tiny and has recently declined, while losses and cash burn have expanded, leading to deeply negative accumulated earnings. The 회사 depends heavily on continued access to equity markets to fund operations, exposing shareholders to potential dilution. Strategically, the pivot into crypto mining adds exposure to highly volatile and regulatory-sensitive markets. Execution risk is elevated due to the need to integrate diverse business lines and deliver on an ambitious technology roadmap with finite resources.
The near- to medium-term outlook depends on whether TZUP can translate its strengthened balance sheet and innovative concepts into real commercial traction. Success would likely require either a clear inflection in revenue from its AdTech platform, effective scaling of its mining operations, or a meaningful reduction in operating costs relative to current levels. Until that happens, the story remains that of a speculative, early-stage company with substantial upside potential but equally substantial uncertainty and dependence on external capital. Results could vary widely depending on management execution, market conditions in advertising and crypto, and the company’s ability to maintain investor support.

CEO
Robert Steele
Compensation Summary
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