NASDAQ · DRK

DarkHorse Technologies Inc.

Closing price · Nov 13, 2026 $1.52

Latest quarter · ended Sep 30, 2026

Cash got weaker, but sales grew

descriptionFiled Nov 6, 2026
Revenue growthFaster
+15.6%
Quarter ended Dec 31, 2024: −65.7% sales vs. a year beforeQuarter ended Mar 31, 2025: −59.4% sales vs. a year beforeQuarter ended Jun 30, 2025: −35.3% sales vs. a year beforeQuarter ended Sep 30, 2025: +11.4% sales vs. a year beforeQuarter ended Dec 31, 2025: +3.1% sales vs. a year beforeQuarter ended Mar 31, 2026: −32.0% sales vs. a year beforeQuarter ended Jun 30, 2026: −18.8% sales vs. a year beforeQuarter ended Sep 30, 2026: +15.6% sales vs. a year before
Dec '24Sep '26
$3.03M vs. $2.62M a year ago
Cash from operationsWorse
−$4.48M
Quarter ended Dec 31, 2024: −$1.51M cash from operationsQuarter ended Mar 31, 2025: −$4.08M cash from operationsQuarter ended Jun 30, 2025: −$5.85M cash from operationsQuarter ended Sep 30, 2025: −$3.47M cash from operationsQuarter ended Dec 31, 2025: −$2.72M cash from operationsQuarter ended Mar 31, 2026: −$3.72M cash from operationsQuarter ended Jun 30, 2026: −$5.3M cash from operationsQuarter ended Sep 30, 2026: −$4.48M cash from operations
Dec '24Sep '26
vs. −$3.47M a year ago
Share countBuying back
−68.6%
Quarter ended Dec 31, 2024: 26.18M sharesQuarter ended Mar 31, 2025: 26.46M sharesQuarter ended Jun 30, 2025: 28.32M sharesQuarter ended Sep 30, 2025: 33.73M sharesQuarter ended Dec 31, 2025: 3.77M sharesQuarter ended Mar 31, 2026: 4.24M sharesQuarter ended Jun 30, 2026: 8.7M sharesQuarter ended Sep 30, 2026: 10.59M shares
Dec '24Sep '26
10.59M shares vs. 33.73M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13
−1000+100 0
  • info
    3 real insider sales in 12 months. $67.9K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovOption exercise · Dec 8 · 183,594 shOption exercise · Mar 11 · 16,250 shOption exercise · Mar 12 · 18,358 shOption exercise · May 20 · 8,985 shOption exercise · May 29 · 25,260 sh · 2 peopleOption exercise · Jun 1 · 148,148 sh · 2 peopleShares withheld for tax · Jun 1 · $182KOption exercise · Jun 1 · 159,375 shShares withheld for tax · Jun 1 · $88KOption exercise · Jun 1 · 56,250 shStock grant · Jun 8 · 500,000 shStock grant · Jun 8 · 150,000 sh · 3 peopleStock grant · Jun 8 · 250,000 shStock grant · Jun 8 · 30,000 shOption exercise · Sep 2 · 17,188 shStock grant · Sep 8 · $500KStock grant · Sep 8 · $500K · 2 peopleShares withheld for tax · Sep 21 · $5.78KOption exercise · Sep 21 · 6,250 shOption exercise · Oct 30 · 7,811 shOpen-market sale · Dec 9 · $42.3KOpen-market sale · Mar 12 · $10.1KOpen-market sale · Mar 13 · $15.6K
CEOCFOOther officersDirectorsDecFebAprJunAugOctOption exercise · Dec 8 · 183,594 shOption exercise · Mar 11 · 16,250 shOption exercise · Mar 12 · 18,358 shOption exercise · May 20 · 8,985 shOption exercise · May 29 · 25,260 sh · 2 peopleOption exercise · Jun 1 · 148,148 sh · 2 peopleShares withheld for tax · Jun 1 · $182KOption exercise · Jun 1 · 159,375 shShares withheld for tax · Jun 1 · $88KOption exercise · Jun 1 · 56,250 shStock grant · Jun 8 · 500,000 shStock grant · Jun 8 · 150,000 sh · 3 peopleStock grant · Jun 8 · 250,000 shStock grant · Jun 8 · 30,000 shOption exercise · Sep 2 · 17,188 shStock grant · Sep 8 · $500KStock grant · Sep 8 · $500K · 2 peopleShares withheld for tax · Sep 21 · $5.78KOption exercise · Sep 21 · 6,250 shOption exercise · Oct 30 · 7,811 shOpen-market sale · Dec 9 · $42.3KOpen-market sale · Mar 12 · $10.1KOpen-market sale · Mar 13 · $15.6K

Last 12 months. No real trades in the last 6.

Showing 3 real trades. Hidden: 9 stock grants, 3 tax withholdings, 13 option exercises. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Mar 13 Kurt Kalbfleisch CEO and CFO Open-market sale $15.6K 9,800 sh at $1.59 Sold 13% of stake
Mar 12 Tiah Reppas Chief Accounting Officer Open-market sale $10.1K 6,250 sh at $1.61 Sold 34% of stake
Dec 9 Kurt Kalbfleisch CEO Open-market sale $42.3K 90,000 sh at $0.47 Sold 14% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in DRK

No 13F holdings loaded for this stock.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast