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GlobeNewswire·

Signing Day Sports Announces Selected Financial Results for Quarter Ended September 30, 2025, and Provides Business Update

  • Signing Day Sports reported Q3 2025 revenue of approximately $31 thousand, down from $55 thousand in Q3 2024 due to lower event fee payments.
  • Cost of revenues decreased to $9 thousand from $30 thousand in the prior year, driven by reduced product & apparel costs.
  • General & administrative expenses fell 39% to $887 thousand from $1.46 million, resulting from lower legal fees, stock-based compensation, insurance, & travel expenses.
  • The company recorded a net loss of $566 thousand, a significant improvement from the $1.6 million loss in the prior year period.
  • As of September 30, 2025, total assets stood at $1.0 million, with cash & cash equivalents rising to $216 thousand from $181 thousand at the end of 2024.
  • Accounts payable decreased by 64.9% compared to December 31, 2024.
  • CEO Daniel Nelson highlighted progress in streamlining operations & reducing expenses while expressing confidence in the proposed business combination with One Blockchain LLC.
  • The company noted the Q3 launch of basketball recruitment, an upcoming national football combine in Q4, & continued efforts to finalize the business combination.
  • Complete financial results & details on the business combination were filed with the SEC on November 12, 2025, in Form 10-Q & Form 8-K reports respectively.