CleanCore Solutions posts Q1 revenue growth amid Dogecoin strategy

CleanCore Solutions, Inc. (NYSE American: ZONE) reported revenue of $0.9 million for the fiscal first quarter ended September 30, 2025, compared to $0.4 million in the same period last year.

The company's gross profit reached $0.5 million, or 59% of revenue, up from $0.2 million, or 51% of revenue, in the prior year quarter. General and administrative expenses increased to $8.6 million from $0.9 million in the previous year, primarily due to professional fees, stock compensation, and new employee salaries related to the company's treasury strategy.

CleanCore reported a net loss of $13.4 million for the quarter, compared to a $0.9 million loss in the same period last year. The quarter included $1.2 million in non-cash stock compensation.

The company holds over 733.1 million Dogecoin as of November 12, 2025. As of September 30, 2025, its digital asset holdings included 703,617,752 Dogecoin with a carrying fair value of $163.8 million. Cash and cash equivalents totaled $12.9 million as of September 30, 2025.

CleanCore completed a $175 million private placement to fund its Dogecoin treasury strategy in partnership with House of Doge. The company appointed a new Chief Investment Officer and two new board members to oversee its digital asset operations.

"We executed on our vision to establish the world's first Dogecoin Treasury," said Clayton Adams, Chief Executive Officer. "We have continued to grow our DOGE holdings in a disciplined manner as we advance toward our longer-term objective of acquiring up to 5% of Dogecoin's circulating supply."

CleanCore manufactures cleaning and disinfection products using aqueous ozone technology. The company's quarterly report on Form 10-Q is scheduled to be filed with the Securities and Exchange Commission.

You May Also Be Interested In

• Ategrity reports record Q2 results, names new CFO
• Cognizant shareholder derivative settlement gets preliminary approval
• Baird on Nurix (NRIX) Earnings Amid 7% Drop: '2Q Print Solid as Breadth of Development Expands'