Microcap Ledger

Tickers · $FRMM

FORUM MARKETS Inc $FRMM

By Microcap Ledger desk · CIK 0001690080

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Finance Services
Headquarters
Palm Beach, FL
Fiscal year end
December 31
Shares outstanding
13,198,948 [10-Q 2026-08-14]
as of 2026-08-14

Sources: [10-K 2026-04-01]

What the company doesAI summary of filing

Forum Markets, Incorporated is a financial technology company that develops infrastructure to originate, finance, and distribute real-world assets through blockchain-enabled capital markets. The company focuses on tokenizing income-generating assets such as consumer credit, equipment finance, and cash-flow streams by representing ownership interests in these assets as digital tokens on blockchain networks, particularly Ethereum. The company generates revenue through asset yield, tokenization and structuring fees, and capital markets distribution activities related to its tokenized real-world assets platform, which is still in development. As of March 31, 2026, the company held approximately $25.1 million in digital asset holdings and employed four individuals plus four dedicated contractors. [10-K 2026-04-01]

Segments: RWA Tokenization, ETH Deployment and Staking, Digital Asset Holdings

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$4.22M−$89.08M −$32.89M$4.10M[10-Q 2026-08-14]
FY ended Dec 2025$6.55M−$450.52M −$26.05M$8.02M[10-K 2026-04-01]
FY ended Dec 2024—−$6.17M −$1.17M$4.57M[DEF 14A 2026-07-08]
Quarterly cash burn
−$16.45M
Cash runway Estimate
~0.7 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-141,976,999[10-Q 2024-11-14]
2025-03-315,185,780[10-K/A 2025-05-08]
2025-05-155,695,487[10-Q 2025-05-15]
2025-07-226,039,208[10-Q 2025-07-23]
2025-11-1221,398,839[10-Q 2025-11-14]
2026-03-3120,313,111[10-K 2026-04-01]
2026-05-1514,542,979[10-Q 2026-05-15]
2026-08-1413,198,948[10-Q 2026-08-14]
Shelf registration
S-3 filed 2025-12-18; declared effective 2025-12-30 [S-3 2025-12-18]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-08-01Rudisill Mcandrewother98,174$5.16[4 2026-08-14]
2026-08-01Saunders John Tazewellother16,151$5.16[4 2026-08-14]
2026-07-21Lomashuk Konstantinsell250,000$6.00[4 2026-07-23]
2026-07-15Lomashuk Konstantinsell2,562$6.30[4 2026-07-20]
2026-07-09Lomashuk Konstantinsell3,387$6.15[4 2026-07-14]
2026-07-08Lomashuk Konstantinsell1,100$6.13[4 2026-07-09]
2026-07-07Lomashuk Konstantinsell3,702$6.41[4 2026-07-09]
2026-04-02Dalton Angelagrant203,562—[4 2026-04-06]
2026-04-02Edwards Michael Agrant203,562—[4 2026-04-03]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.