FARMHOUSE, INC. /NV Annual Report - How They Did This Year

I’ve put together this guide to help you understand how Farmhouse, Inc. performed this past year. Think of this as a "cheat sheet" to help you decide if this company fits your portfolio.

1. What does this company do?

Farmhouse, Inc. is currently a shell company searching for a new business direction. After divesting from its previous brand management and consulting operations, the company established "Farmhouse Treasury" in 2025. This division is intended to hold Bitcoin and gold as a hedge against inflation; however, as of December 31, 2025, the company has not yet acquired any of these assets.

2. Financial performance: Did they make money?

The company generates minimal revenue. In 2025, it brought in $623 from legacy licensing deals, representing an 85% decrease from the $4,154 earned in 2024. Because operating expenses consistently exceed this income, the company cannot sustain its operations through its own business activities.

3. Major wins and challenges

• Infrastructure: The company established a partnership with BitGo, a regulated digital asset custodian. This provides the necessary framework to hold Bitcoin securely should the company secure the capital to purchase it.
• Operational Constraints: With only two remote employees—the CEO and CFO—the company lacks the personnel to pursue complex business acquisitions. It relies entirely on external funding to maintain its listing on the stock exchange.

4. Financial health: Are they stable?

The company is in a fragile financial position:

• Cash Position: As of December 31, 2025, the company held $14,188 in cash.
• Debt: Liabilities exceed assets by approximately $2.2 million.
• Going Concern: Auditors have issued a "going concern" warning, indicating significant doubt regarding the company’s ability to continue operations without a successful acquisition or an infusion of new capital.

5. Key risks: What could hurt the stock?

• Survival Risk: The company requires ongoing external funding to remain operational. This typically involves issuing additional shares, which dilutes the value of existing holdings.
• Market Volatility: Trading on the OTCQB, the stock experiences low volume and high price swings, making it difficult to execute trades without impacting the share price.
• Speculative Strategy: The plan to hold Bitcoin and gold remains purely speculative. The company currently incurs maintenance costs without the benefit of asset appreciation, as no holdings have been purchased.

6. Future outlook

Management is actively seeking a merger or acquisition target to establish a new operating business. There are currently no signed agreements or concrete plans in place. The company remains dependent on securing a cash injection or a strategic partner to resume active operations.

Bottom Line: This is a highly speculative, micro-cap entity with a critical cash shortage and negligible revenue. It functions as a shell company searching for a new purpose, carrying a high risk of failure or significant loss of shareholder value. Before considering an investment, weigh the lack of current operations against the company’s need for future capital raises.