NAKA Chart
About

Nakamoto Inc. develops and invests in a global portfolio of Bitcoin-native companies. The company provides commercial and financial infrastructure for the capital markets. The company was formerly known as Kindly MD, Inc. and change its name to Nakamoto Inc. in January 2026. The company was incorporated in 2019 and is based in Nashville, Tennessee.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 209.54M
Enterprise Value 299.54M Income -90.49M Sales 1.98M
Book/sh 1.12 Cash/sh 0.06 Dividend Yield
Payout 0.00% Employees 23 IPO
P/E Forward P/E PEG
P/S 105.81 P/B 0.23 P/C
EV/EBITDA -20.30 EV/Sales 151.26 Quick Ratio 0.11
Current Ratio 0.13 Debt/Eq 43.77 LT Debt/Eq
EPS (ttm) -1.41 EPS next Y EPS Growth
Revenue Growth -40.10% Earnings 2026-03-19 ROA -2.67%
ROE -37.62% ROIC Gross Margin 0.00%
Oper. Margin -26.80% Profit Margin 0.00% Shs Outstand 803.44M
Shs Float 273.94M Short Float 2.65% Short Ratio 4.13
Short Interest 52W High 34.77 52W Low 0.23
Beta Avg Volume 6.40M Volume 3.27M
Target Price $1.00 Recom None Prev Close $0.26
Price $0.26 Change -0.08%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$1.00
Mean price target
2. Current target
$0.26
Latest analyst target
3. DCF / Fair value
$-0.09
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.26
Low
$0.50
High
$1.50
Mean
$1.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main B. Riley Securities Buy → Buy $1
2025-11-20 main B. Riley Securities Buy → Buy $1
2025-10-16 init B. Riley Securities — → Buy $2
2025-09-03 init Maxim Group — → Buy $8
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 108200628 Stock Award(Grant) at price 0.00 per share. BAILEY DAVID F Chief Executive Officer 2026-02-20 00:00:00 D
1 17841993 Stock Award(Grant) at price 0.00 per share. EVANS TYLER MATTHEW Chief Investment Officer 2026-02-20 00:00:00 D
2 2624671 Stock Award(Grant) at price 0.00 per share. GENDRON TERESA S. Chief Financial Officer 2025-12-16 00:00:00 D
3 1574803 Stock Award(Grant) at price 0.00 per share. DALTON JOHN MERRITT Officer 2025-12-16 00:00:00 D
4 112781 Stock Award(Grant) at price 0.00 per share. YUSKO MARK W Director 2025-09-22 00:00:00 D
5 751879 Stock Award(Grant) at price 0.00 per share. BAILEY DAVID F Chief Executive Officer 2025-09-22 00:00:00 D
6 4135337 Stock Award(Grant) at price 0.00 per share. FABIANO AMANDA Chief Operating Officer 2025-09-22 00:00:00 D
7 112781 Stock Award(Grant) at price 0.00 per share. WEISS ERIC STANTON Director 2025-09-22 00:00:00 D
8 92246 Stock Award(Grant) at price 0.00 per share. PICKETT TIMOTHY Officer and Director 2025-09-22 00:00:00 D
9 6400 Stock Award(Grant) at price 0.00 per share. BARRERA JARED Chief Financial Officer 2025-09-22 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-3.03M-1.36M-2.42M124.74K
TotalUnusualItems22.16K0.00
TotalUnusualItemsExcludingGoodwill22.16K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-3.62M-1.62M-2.54M149.34K
ReconciledDepreciation220.33K203.22K122.00K63.40K
ReconciledCostOfRevenue82.81K128.58K83.83K87.12K
EBITDA-3.00M-1.36M-2.42M124.74K
EBIT-3.22M-1.56M-2.54M61.34K
NetInterestIncome-393.45K-55.84K0.00
InterestExpense393.45K55.84K0.00
NormalizedIncome-3.64M-1.62M-2.54M149.34K
NetIncomeFromContinuingAndDiscontinuedOperation-3.62M-1.62M-2.54M149.34K
TotalExpenses6.07M5.39M6.48M2.44M
TotalOperatingIncomeAsReported-3.35M-1.62M-2.69M61.34K
DilutedAverageShares5.39M5.89M5.89M5.94M
BasicAverageShares5.39M5.89M5.89M5.89M
DilutedEPS-0.67-0.27-0.430.03
BasicEPS-0.67-0.27-0.430.03
DilutedNIAvailtoComStockholders-3.62M-1.62M-2.54M149.34K
NetIncomeCommonStockholders-3.62M-1.62M-2.54M149.34K
NetIncome-3.62M-1.62M-2.54M149.34K
NetIncomeIncludingNoncontrollingInterests-3.62M-1.62M-2.54M149.34K
NetIncomeContinuousOperations-3.62M-1.62M-2.54M149.34K
TaxProvision0.000.000.000.00
PretaxIncome-3.62M-1.62M-2.54M149.34K
OtherIncomeExpense122.57K58.60K152.82K88.00K
OtherNonOperatingIncomeExpenses100.41K58.60K152.82K88.00K
SpecialIncomeCharges-38.89K0.00
OtherSpecialCharges38.89K
GainOnSaleOfSecurity61.05K
NetNonOperatingInterestIncomeExpense-393.45K-55.84K0.00
InterestExpenseNonOperating393.45K55.84K0.00
OperatingIncome-3.35M-1.62M-2.69M61.34K
OperatingExpense5.98M5.16M6.33M2.36M
DepreciationAmortizationDepletionIncomeStatement136.61K105.64K53.45K
DepreciationAndAmortizationInIncomeStatement136.61K105.64K53.45K
DepreciationIncomeStatement136.61K105.64K53.45K
ResearchAndDevelopment377.73K2.50K
SellingGeneralAndAdministration5.47M5.05M6.27M2.36M
GeneralAndAdministrativeExpense5.47M5.05M6.27M2.36M
OtherGandA1.91M1.36M2.10M853.58K
SalariesAndWages3.56M3.70M4.18M1.50M
GrossProfit2.64M3.54M3.63M2.42M
CostOfRevenue82.81K226.17K152.38K87.12K
TotalRevenue2.72M3.77M3.79M2.50M
OperatingRevenue2.72M3.77M3.79M2.50M
Line Item2024-12-31
TreasurySharesNumber20.50K
OrdinarySharesNumber6.03M5.94M5.94M5.94M
ShareIssued6.05M5.94M5.94M5.94M
TotalDebt783.68K636.38K391.13K109.81K
TangibleBookValue2.18M-108.41K381.01K273.09K
InvestedCapital2.71M268.98K473.56K273.09K
WorkingCapital1.90M-197.52K-18.33K151.15K
NetTangibleAssets2.18M-108.41K381.01K273.09K
CapitalLeaseObligations644.40K258.99K298.58K109.81K
CommonStockEquity2.57M-108.41K381.01K273.09K
TotalCapitalization2.57M120.46K381.01K273.09K
TotalEquityGrossMinorityInterest2.57M-108.41K381.01K273.09K
StockholdersEquity2.57M-108.41K381.01K273.09K
OtherEquityInterest273.09K
TreasuryStock22.14K
RetainedEarnings-7.78M-4.16M-2.54M
AdditionalPaidInCapital10.36M4.05M2.92M0.00
CapitalStock6.05K4.62K4.43K0.00
CommonStock6.05K4.62K4.43K0.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.11M1.21M565.98K174.56K
TotalNonCurrentLiabilitiesNetMinorityInterest503.63K393.17K238.09K56.27K
LongTermDebtAndCapitalLeaseObligation503.63K393.17K238.09K56.27K
LongTermCapitalLeaseObligation503.63K164.29K238.09K56.27K
LongTermDebt228.87K
CurrentLiabilities606.05K814.45K327.90K118.29K
OtherCurrentLiabilities238.00K
CurrentDeferredLiabilities2.27K3.42K8.60K17.25K
CurrentDeferredRevenue2.27K3.42K8.60K17.25K
CurrentDebtAndCapitalLeaseObligation280.05K243.21K153.04K53.54K
CurrentCapitalLeaseObligation140.77K94.70K60.50K53.54K
CurrentDebt139.28K148.52K92.55K
OtherCurrentBorrowings139.28K148.52K92.55K
CurrentNotesPayable0.0092.55K
PayablesAndAccruedExpenses323.73K329.81K166.26K47.50K
TotalAssets3.68M1.10M947.00K447.64K
TotalNonCurrentAssets1.17M482.27K637.43K178.20K
OtherNonCurrentAssets30.00
NonCurrentPrepaidAssets19.40K11.28K14.51K6.63K
GoodwillAndOtherIntangibleAssets388.34K0.00
OtherIntangibleAssets388.34K
NetPPE764.58K471.00K622.93K171.57K
AccumulatedDepreciation-180.58K-164.01K-58.37K-4.93K
GrossPPE945.15K635.01K681.30K176.50K
Leases127.49K132.03K132.03K33.40K
OtherProperties652.63K246.12K305.26K111.92K
MachineryFurnitureEquipment165.04K256.86K244.01K31.18K
Properties0.000.000.000.00
CurrentAssets2.51M616.93K309.57K269.44K
OtherCurrentAssets190.88K225.0060.96K35.30K
Inventory4.30K63.20K49.57K59.77K
InventoriesAdjustmentsAllowances0.00-62.00K-3.70K-3.00K
FinishedGoods3.63K68.40K47.08K62.77K
RawMaterials665.0056.80K6.19K
Receivables36.85K28.00K12.12K79.69K
DuefromRelatedPartiesCurrent0.0066.21K
AccountsReceivable36.85K28.00K12.12K13.47K
CashCashEquivalentsAndShortTermInvestments2.27M525.50K186.92K94.69K
CashAndCashEquivalents2.27M525.50K186.92K94.69K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-3.48M-463.91K-457.77K57.84K
RepurchaseOfCapitalStock-22.14K0.00
RepaymentOfDebt-659.86K-62.18K0.00-47.34K
IssuanceOfDebt45.00K864.67K150.00K
IssuanceOfCapitalStock5.86M0.00400.00K2.00K
CapitalExpenditure-401.63K-14.42K-317.39K-63.60K
InterestPaidSupplementalData19.23K34.62K0.00
IncomeTaxPaidSupplementalData0.000.000.00
EndCashPosition2.27M525.50K186.92K94.69K
BeginningCashPosition525.50K186.92K94.69K82.19K
ChangesInCash1.75M338.58K92.23K12.50K
FinancingCashFlow5.22M802.49K550.00K-45.34K
CashFlowFromContinuingFinancingActivities5.22M802.49K550.00K-45.34K
NetCommonStockIssuance5.84M0.00400.00K2.00K
CommonStockPayments-22.14K0.00
CommonStockIssuance5.86M0.00400.00K2.00K
NetIssuancePaymentsOfDebt-614.86K802.49K150.00K-47.34K
NetShortTermDebtIssuance190.83K150.00K-47.34K
ShortTermDebtPayments-59.55K0.00-47.34K
ShortTermDebtIssuance250.37K150.00K
NetLongTermDebtIssuance-614.86K802.49K150.00K
LongTermDebtPayments-659.86K-62.18K0.00
LongTermDebtIssuance45.00K864.67K150.00K
InvestingCashFlow-401.63K-14.42K-317.39K-63.60K
CashFlowFromContinuingInvestingActivities-401.63K-14.42K-317.39K-63.60K
NetPPEPurchaseAndSale-13.29K-14.42K-317.39K-63.60K
PurchaseOfPPE-13.29K-14.42K-317.39K-63.60K
CapitalExpenditureReported-388.34K0.00
OperatingCashFlow-3.07M-449.49K-140.38K121.44K
CashFlowFromContinuingOperatingActivities-3.07M-449.49K-140.38K120.64K
ChangeInWorkingCapital-301.97K116.36K33.23K-92.09K
ChangeInOtherWorkingCapital-1.15K-5.17K-8.65K17.25K
ChangeInOtherCurrentLiabilities-113.90K-76.47K-67.20K-59.07K
ChangeInOtherCurrentAssets-7.88K-3.57K
ChangeInPayablesAndAccruedExpense-6.08K163.55K131.07K23.19K
ChangeInAccruedExpense8.76K0.00
ChangeInInterestPayable8.76K0.00
ChangeInPayable-6.08K163.55K122.31K23.19K
ChangeInAccountPayable-6.08K163.55K122.31K23.19K
ChangeInPrepaidAssets-198.77K63.96K-25.06K-38.85K
ChangeInInventory58.90K-13.63K10.20K-30.64K
ChangeInReceivables-40.96K-15.88K-7.12K-401.00
ChangesInAccountReceivables-40.96K-15.88K-7.12K-401.00
OtherNonCashItems454.15K433.70K28.63K802.00
StockBasedCompensation161.29K414.69K2.22M0.00
AssetImpairmentCharge32.11K0.00
DepreciationAmortizationDepletion220.33K203.22K122.00K63.40K
DepreciationAndAmortization220.33K203.22K122.00K63.40K
Depreciation220.33K203.22K122.00K63.40K
OperatingGainsLosses-22.16K
GainLossOnInvestmentSecurities-61.05K
NetIncomeFromContinuingOperations-3.62M-1.62M-2.54M149.34K
SEC Filings

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

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