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Annual · values2025202420232022202120202019201820172016
Operating Cash Flow-14.77 M USD-30.12 M USD-23.84 M USD-25.11 M USD-20.87 M USD-6.38 M USD-18.92 M USD-13.11 M USD-4.73 M USD-3.20 M USD
Depreciation & Amortization1.13 M USD783208 USD307430 USD221563 USD95415 USD15343 USD19129 USD25466 USD12802 USD
Stock-Based Compensation6.37 M USD1.70 M USD2.50 M USD3.77 M USD2.89 M USD2.48 M USD2.51 M USD1.62 M USD412312 USD2690 USD
Capital Expenditures161477 USD2.85 M USD540360 USD1.23 M USD261257 USD166643 USD27907 USD10234 USD43119 USD
Cash Flow from Investing-71.95 M USD-161477 USD-3.97 M USD-874745 USD-1.62 M USD-261257 USD-166643 USD-27907 USD-10234 USD-43119 USD
Cash Flow from Financing91.05 M USD17.55 M USD19.79 M USD21.51 M USD21.46 M USD20.86 M USD13.51 M USD27.62 M USD6.60 M USD4.14 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-30.28 M USD-26.68 M USD-25.65 M USD-22.10 M USD-6.65 M USD-19.09 M USD-13.14 M USD-4.74 M USD-3.25 M USD

Hyperion DeFi, Inc. is a public company that integrates decentralized finance (DeFi) strategies with a primary focus on blockchain-based digital assets. Following its rebranding from Eyenovia, Inc. in July 2025, the company shifted from ophthalmic technology to building and managing a strategic treasury centered on the HYPE token, the native asset of the Hyperliquid blockchain protocol. As the first U.S. publicly listed firm to adopt such a DeFi-centric approach, Hyperion DeFi actively accumulates and stakes HYPE tokens through its proprietary and co-branded validators to generate on-chain yield and facilitate blockchain infrastructure. Beyond its treasury operations, Hyperion DeFi pursues partnerships that allow institutional players to access compliant liquid staking solutions and on-chain trading strategies, positioning itself as a bridge between traditional financial systems and emerging DeFi platforms. The company remains notable within the market for enabling shareholder exposure to digital assets and DeFi revenue streams while still maintaining a legacy interest in ophthalmic device innovation. This dual approach highlights Hyperion DeFi’s distinctive role in aligning digital asset management with real-world applications, underscoring its significance as a pioneer in the evolving intersection of traditional markets and blockchain-based finance.