EMPD Chart
About

Empery Digital Inc. designs, develops, and sells electric off road powersport vehicles in the United States. The company provides electric two-wheeled e-bikes and motorcycles; four-wheeled utility terrain vehicles; and golf carts, as well as various upgrades and accessories. It sells its products through powersports dealers, bicycle retailers, and golf cart dealers, as well as through its website. Empery Digital Inc. was formerly known as Volcon, Inc. and changed its name to Empery Digital Inc. in July 2025. Empery Digital Inc. was incorporated in 2020 and is based in Round Rock, Texas.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Manufacturers Market Cap 177.38M
Enterprise Value 202.69M Income -46.13M Sales 2.62M
Book/sh 10.34 Cash/sh 0.57 Dividend Yield
Payout 0.00% Employees IPO
P/E 0.01 Forward P/E PEG
P/S 67.59 P/B 0.48 P/C
EV/EBITDA -6.43 EV/Sales 77.24 Quick Ratio 0.41
Current Ratio 0.47 Debt/Eq 11.63 LT Debt/Eq
EPS (ttm) 346.73 EPS next Y EPS Growth
Revenue Growth -81.60% Earnings 2026-03-27 ROA -7.93%
ROE -20.84% ROIC Gross Margin -92.94%
Oper. Margin -102.75% Profit Margin 0.00% Shs Outstand 35.54M
Shs Float 24.39M Short Float 5.84% Short Ratio 1.76
Short Interest 52W High 44.09 52W Low 3.19
Beta -0.58 Avg Volume 972.56K Volume 749.50K
Target Price Recom None Prev Close $4.74
Price $4.92 Change 3.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$4.83
Latest analyst target
3. DCF / Fair value
$-3.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.83
Low
High
Mean
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 253751 1162372 Stock Award(Grant) at price 4.31 - 4.78 per share. LANE RYAN M Officer and Director 2025-12-15 00:00:00 I
1 150000 727820 Stock Award(Grant) at price 4.75 - 5.06 per share. LANE RYAN M Chief Executive Officer 2025-12-08 00:00:00 I
2 20000 334800 Stock Award(Grant) at price 16.74 per share. FOSTER JONATHAN P. Director 2025-07-21 00:00:00 D
3 30000 502200 Stock Award(Grant) at price 16.74 per share. READ IAN C Director 2025-07-21 00:00:00 I
4 22500 376650 Stock Award(Grant) at price 16.74 per share. KIM KYOUNG JOHN Chief Executive Officer 2025-07-21 00:00:00 D
5 20000 334800 Stock Award(Grant) at price 16.74 per share. TJON KARIN-JOYCE Director 2025-07-21 00:00:00 D
6 20000 334800 Stock Award(Grant) at price 16.74 per share. ENDO GREG Chief Financial Officer 2025-07-21 00:00:00 D
7 10000 167400 Stock Award(Grant) at price 16.74 per share. OLASON ORN Director 2025-07-21 00:00:00 D
8 2600000 43524000 Stock Award(Grant) at price 16.74 per share. LANE RYAN M Chief Executive Officer 2025-07-21 00:00:00 D/I
9 10000 167400 Stock Award(Grant) at price 16.74 per share. SOLGAARD JANZEN ADRIAN NICHOLAS Director 2025-07-21 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-26.22M-30.66M-30.78M-39.45M
TotalUnusualItems-17.89M-8.82M0.00
TotalUnusualItemsExcludingGoodwill-17.89M-8.82M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-45.51M-45.07M-34.24M-40.13M
ReconciledDepreciation759.12K618.98K1.19M585.62K
ReconciledCostOfRevenue18.17M11.39M13.41M10.51M
EBITDA-44.11M-39.48M-30.78M-39.45M
EBIT-44.87M-40.10M-31.98M-40.03M
NetInterestIncome-643.72K-4.97M-2.26M-91.24K
InterestExpense643.72K4.97M2.26M91.24K
NormalizedIncome-27.62M-36.25M-34.24M-40.13M
NetIncomeFromContinuingAndDiscontinuedOperation-45.51M-45.07M-34.24M-40.13M
TotalExpenses31.05M33.05M36.61M39.63M
TotalOperatingIncomeAsReported-27.01M-29.79M-32.06M-39.18M
DilutedAverageShares38.72K160.0016.0012.00
BasicAverageShares38.72K160.0016.0012.00
DilutedEPS-1.18K-281.70K-2.14M-3.34M
BasicEPS-1.18K-281.70K-2.14M-3.34M
DilutedNIAvailtoComStockholders-45.51M-45.07M-34.24M-40.13M
NetIncomeCommonStockholders-45.51M-45.07M-34.24M-40.13M
NetIncome-45.51M-45.07M-34.24M-40.13M
NetIncomeIncludingNoncontrollingInterests-45.51M-45.07M-34.24M-40.13M
NetIncomeContinuousOperations-45.51M-45.07M-34.24M-40.13M
TaxProvision0.000.000.000.00
PretaxIncome-45.51M-45.07M-34.24M-40.13M
OtherIncomeExpense-17.85M-10.31M87.77K-854.02K
OtherNonOperatingIncomeExpenses33.98K-1.49M87.77K-854.02K
SpecialIncomeCharges-3.12M-22.30M0.00
OtherSpecialCharges3.12M22.30M
GainOnSaleOfSecurity-14.77M13.47M
NetNonOperatingInterestIncomeExpense-643.72K-4.97M-2.26M-91.24K
InterestExpenseNonOperating643.72K4.97M2.26M91.24K
OperatingIncome-27.01M-29.79M-32.06M-39.18M
OperatingExpense12.88M21.66M23.20M29.12M
ResearchAndDevelopment2.67M7.87M8.46M10.47M
SellingGeneralAndAdministration10.21M13.79M14.74M18.66M
SellingAndMarketingExpense2.55M7.41M5.69M2.87M
GeneralAndAdministrativeExpense7.67M6.39M9.05M15.78M
OtherGandA7.67M6.39M9.05M15.78M
GrossProfit-14.13M-8.13M-8.87M-10.06M
CostOfRevenue18.17M11.39M13.41M10.51M
TotalRevenue4.04M3.26M4.55M448.82K
OperatingRevenue4.04M3.26M4.55M448.82K
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber78.86K160.0016.0012.00
ShareIssued78.86K160.0016.0012.00
NetDebt22.25M6.44M
TotalDebt810.89K31.41M18.96M2.31M
TangibleBookValue25.06K-19.63M629.20K6.29M
InvestedCapital76.47K10.60M18.06M6.39M
WorkingCapital429.35K-21.38M-570.46K4.40M
NetTangibleAssets25.06K-19.63M629.20K6.29M
CapitalLeaseObligations775.17K1.17M1.53M2.22M
CommonStockEquity40.76K-19.63M635.01K6.30M
TotalCapitalization69.29K-19.56M685.13K6.37M
TotalEquityGrossMinorityInterest40.76K-19.63M635.01K6.30M
StockholdersEquity40.76K-19.63M635.01K6.30M
RetainedEarnings-166.32M-120.81M-75.73M-41.50M
AdditionalPaidInCapital166.36M101.18M76.37M47.80M
CapitalStock7.000.001.00128.00
CommonStock7.000.001.00128.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest6.19M41.76M22.09M8.32M
TotalNonCurrentLiabilitiesNetMinorityInterest1.55M844.31K1.19M1.84M
OtherNonCurrentLiabilities1.19M1.00
LongTermDebtAndCapitalLeaseObligation359.75K844.31K1.19M1.84M
LongTermCapitalLeaseObligation331.22K775.17K1.14M1.77M
LongTermDebt28.53K69.14K50.12K68.78K
CurrentLiabilities4.64M40.91M20.90M6.48M
OtherCurrentLiabilities2.20M5.97M-1.00
CurrentDeferredLiabilities216.52K417.49K23.47K2.28M
CurrentDeferredRevenue216.52K417.49K23.47K2.28M
CurrentDebtAndCapitalLeaseObligation451.13K30.56M17.76M473.41K
CurrentCapitalLeaseObligation443.95K399.61K391.12K456.21K
CurrentDebt7.18K30.16M17.37M17.20K
OtherCurrentBorrowings7.18K30.16M17.37M17.20K
PayablesAndAccruedExpenses1.76M3.96M3.11M3.73M
CurrentAccruedExpenses1.38M3.13M2.07M2.28M
Payables385.33K831.18K1.04M1.45M
AccountsPayable385.33K831.18K1.04M1.45M
TotalAssets6.23M22.13M22.73M14.62M
TotalNonCurrentAssets1.16M2.59M2.40M3.74M
OtherNonCurrentAssets199.28K199.28K285.04K732.81K
GoodwillAndOtherIntangibleAssets15.70K0.005.81K18.05K
OtherIntangibleAssets15.70K5.81K18.05K
NetPPE945.37K2.39M2.11M2.99M
AccumulatedDepreciation-546.58K-350.40K-505.51K-191.40K
GrossPPE1.49M2.75M2.61M3.18M
Leases44.66K44.66K44.66K60.25K
OtherProperties739.23K1.14M1.51M2.18M
MachineryFurnitureEquipment708.05K1.56M1.06M940.88K
Properties0.000.000.000.00
CurrentAssets5.07M19.53M20.33M10.88M
OtherCurrentAssets1.03M1.90M1.85M1.09M
RestrictedCash105.00K210.00K551.25K0.00
PrepaidAssets191.16K258.32K427.66K1.98M
Inventory1.46M8.97M5.65M2.21M
FinishedGoods1.46M2.20M2.15M341.26K
WorkInProcess0.00439.84K45.44K
RawMaterials0.006.77M3.06M1.82M
Receivables88.25K203.30K864.96K25.59K
AccountsReceivable88.25K203.30K864.96K25.59K
AllowanceForDoubtfulAccountsReceivable-99.23K-70.36K-62.45K0.00
GrossAccountsReceivable187.48K273.66K927.41K25.59K
CashCashEquivalentsAndShortTermInvestments2.19M7.98M10.99M5.57M
CashAndCashEquivalents2.19M7.98M10.99M5.57M
CashFinancial2.19M7.98M10.99M5.57M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-16.35M-30.52M-34.45M-25.00M
RepaymentOfDebt-2.99M-80.39K-17.20K-2.01M
IssuanceOfDebt2.26M3.91M15.12M1.10M
IssuanceOfCapitalStock10.97M4.83M18.09M28.73M
CapitalExpenditure-312.09K-949.72K-799.41K-838.03K
InterestPaidSupplementalData88.71K15.94K6.48K23.05K
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition2.30M8.19M11.54M5.57M
BeginningCashPosition8.19M11.54M5.57M536.08K
ChangesInCash-5.89M-3.34M5.97M5.04M
FinancingCashFlow10.37M27.08M40.41M30.03M
CashFlowFromContinuingFinancingActivities10.37M27.08M40.41M30.03M
NetOtherFinancingCharges2.21M
ProceedsFromStockOptionExercised134.02K18.43M7.22M6.25K
NetPreferredStockIssuance0.0012.08M
PreferredStockIssuance0.0012.08M
NetCommonStockIssuance10.97M4.83M18.09M16.65M
CommonStockIssuance10.97M4.83M18.09M16.65M
NetIssuancePaymentsOfDebt-735.02K3.83M15.11M-909.16K
NetShortTermDebtIssuance-686.32K3.91M15.12M-2.00M
ShortTermDebtPayments-2.94M0.00-2.00M
ShortTermDebtIssuance2.26M3.91M15.12M
NetLongTermDebtIssuance-48.70K-80.39K-17.20K-909.16K
LongTermDebtPayments-48.70K-80.39K-17.20K-2.01M
LongTermDebtIssuance15.12M1.10M
InvestingCashFlow-230.31K-860.72K-799.41K-838.03K
CashFlowFromContinuingInvestingActivities-230.31K-860.72K-799.41K-838.03K
NetOtherInvestingChanges58.06K
NetIntangiblesPurchaseAndSale0.00-13.12K
PurchaseOfIntangibles0.00-13.12K
NetPPEPurchaseAndSale-288.37K-860.72K-799.41K-824.90K
SaleOfPPE23.72K89.00K0.00
PurchaseOfPPE-312.09K-949.72K-799.41K-824.90K
OperatingCashFlow-16.04M-29.57M-33.65M-24.16M
CashFlowFromContinuingOperatingActivities-16.04M-29.57M-33.65M-24.16M
ChangeInWorkingCapital-198.25K-6.05M-8.42M-5.74M
ChangeInOtherWorkingCapital-200.96K394.01K-2.25M2.22M
ChangeInOtherCurrentLiabilities-399.61K-359.35K-354.34K-240.11K
ChangeInOtherCurrentAssets0.00-37.41K-682.25K
ChangeInPayablesAndAccruedExpense1.15M849.62K-622.24K2.11M
ChangeInAccruedExpense1.59M1.06M-204.77K737.72K
ChangeInPayable-445.86K-205.44K-417.48K1.37M
ChangeInAccountPayable-445.86K-205.44K-417.48K1.37M
ChangeInPrepaidAssets104.09K115.81K813.68K-4.97M
ChangeInInventory-933.84K-7.61M-5.13M-4.16M
ChangeInReceivables85.50K555.97K-839.37K-25.59K
ChangesInAccountReceivables85.50K555.97K-839.37K-25.59K
OtherNonCashItems17.29M-8.43M2.61M54.67K
StockBasedCompensation310.96K2.63M3.26M14.63M
AssetImpairmentCharge9.32M4.39M1.95M5.60M
DepreciationAmortizationDepletion759.12K618.98K1.19M585.62K
DepreciationAndAmortization759.12K618.98K1.19M585.62K
AmortizationCashFlow1.43K5.81K12.03K
AmortizationOfIntangibles1.43K5.81K12.03K
Depreciation757.69K618.98K1.19M573.60K
OperatingGainsLosses1.99M22.35M378.18K841.33K
GainLossOnInvestmentSecurities-165.35K-13.47M
GainLossOnSaleOfPPE844.95K56.51K145.00K
NetIncomeFromContinuingOperations-45.51M-45.07M-34.24M-40.13M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for EMPD
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status