FRMO posted GAAP net income attributable to the Company of $2.94 million, swinging from $100.45 million a year earlier.
Revenue fell 10.7% to $4.31 million.
Total other income, net dropped 91.3% to $23.51 million.
Fourth-quarter GAAP net loss attributable to the Company widened to $45.6 million; consulting and advisory fees rose 76.3% to $1.7 million.
Quarterly advisory fees increased due to royalty participation tied to Horizon Kinetics incentive fees; the company cited plans to expand digital asset mining.
FRMO•
