OLB Group, Inc. Files Q2 2025 10-Q Report
Ticker: OLB · Form: 10-Q · Filed: Aug 19, 2025 · CIK: 1314196
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
OLB Group filed its 10-Q for Q2 2025. Check financials.
AI Summary
OLB Group, Inc. filed its quarterly report (10-Q) for the period ending June 30, 2025. The company, incorporated in Delaware, is headquartered at 1120 Avenue of the Americas, New York, NY. The filing details its financial performance and operational status for the specified quarter.
Why It Matters
This filing provides investors with an update on OLB Group's financial health and operational progress during the second quarter of 2025.
Risk Assessment
Risk Level: medium — As a 10-Q filing, it contains detailed financial information that requires careful analysis to assess the company's current risk profile.
Key Players & Entities
- OLB GROUP, INC. (company) — Registrant
- June 30, 2025 (date) — Quarterly period end date
- 1120 Avenue of the Americas, Fourth Floor, New York, NY 10036 (address) — Principal executive offices
- 212-278-0900 (phone_number) — Registrant's telephone number
- DELAWARE (jurisdiction) — State of incorporation
FAQ
What is the filing date of this 10-Q report?
The filing date of this 10-Q report is August 19, 2025.
What is the exact name of the registrant?
The exact name of the registrant is THE OLB GROUP, INC.
In which state was OLB Group, Inc. incorporated?
OLB Group, Inc. was incorporated in DELAWARE.
What is the principal executive office address?
The principal executive office address is 1120 Avenue of the Americas, Fourth Floor, New York, NY 10036.
What is the telephone number for OLB Group, Inc.?
The telephone number for OLB Group, Inc. is (212) 278-0900.
Filing Stats: 4,613 words · 18 min read · ~15 pages · Grade level 16.5 · Accepted 2025-08-19 17:00:52
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value OLB The Nasdaq Capital Market
Filing Documents
- ea0253451-10q_olbgroup.htm (10-Q) — 799KB
- ea025345101ex31-1_olbgroup.htm (EX-31.1) — 12KB
- ea025345101ex31-2_olbgroup.htm (EX-31.2) — 12KB
- ea025345101ex32_olbgroup.htm (EX-32) — 8KB
- image_001.jpg (GRAPHIC) — 10KB
- 0001213900-25-078562.txt ( ) — 6242KB
- olb-20250630.xsd (EX-101.SCH) — 54KB
- olb-20250630_cal.xml (EX-101.CAL) — 43KB
- olb-20250630_def.xml (EX-101.DEF) — 302KB
- olb-20250630_lab.xml (EX-101.LAB) — 530KB
- olb-20250630_pre.xml (EX-101.PRE) — 325KB
- ea0253451-10q_olbgroup_htm.xml (XML) — 750KB
Financial Statements (unaudited)
Financial Statements (unaudited) 1 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 3.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 31 Item 4.
Controls and Procedures
Controls and Procedures 31 PART II Other Information 32 Item 1.
Legal Proceedings
Legal Proceedings 32 Item 1A.
Risk Factors
Risk Factors 33 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 33 Item 3. Defaults Upon Senior Securities 33 Item 4. Mine Safety Disclosures 33 Item 5. Other Information 33 Item 6. Exhibits 33
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements INDEX TO FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024 2 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024 (unaudited) 3 Condensed Consolidated Statements of Changes in Stockholders' Equity for the Three and Six Months Ended June 30, 2025 and 2024 (unaudited) 4 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 (unaudited) 5 Notes to the Condensed Consolidated Financial Statements (unaudited) 6 1 The OLB Group, Inc. and Subsidiaries Condensed Consolidated Balance Sheets June 30, 2025 December 31, 2024 ASSETS (Unaudited) (Audited) Current Assets: Cash $ 2,662 $ 27,436 Accounts receivable, net 81,040 100,621 Prepaid expenses — 18,075 Other receivables 777,865 599,575 Other current assets 14,039 — Total Current Assets 875,606 745,707 Other Assets: Property and equipment, net 2,870,752 3,254,039 Intangible assets, net — 3,724 Goodwill 8,139,889 8,139,889 Operating lease right-of-use assets 118,869 140,218 Other long-term assets 380,952 395,952 Total Other Assets 11,510,462 11,933,822 TOTAL ASSETS $ 12,386,068 $ 12,679,529 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Cash overdraft $ 26,451 $ 31,750 Accounts payable 3,783,495 4,216,194 Accrued expenses 57,360 1,151,803 Preferred dividend payable (related party) — 543,509 Merchant portfolio purchase installment obligation 2,000,000 2,000,000 Related party payable — 1,203,960 Operating lease liability – current portion 45,742 46,491 Note payable – current portion — 202,939 Total Current Liabilities 5,913,048 9,396,646 Long Term Liabilities: Operating lease liability – net of current portion 73,741 93,869 Total Liabilities 5,986,789 9,490,515 Commitments and contingencies (Note 14)
Financial Statements
Financial Statements June 30, 2025 (Unaudited) NOTE 1 – BACKGROUND Background The OLB Group, Inc. ("OLB" the "Company") was incorporated in the State of Delaware on November 18, 2004 , and provides services through its wholly-owned subsidiaries and business segments. The Company generates its revenue through two business segments its Fintech Services and Bitcoin Mining Business segments. Fintech Services: The Company provides integrated financial and transaction processing services ("Fintech Services") to businesses throughout the United States. Through its eVance, Inc. subsidiary ("eVance"), the Company provides an integrated suite of third-party merchant payment processing services and related proprietary software enabling products that deliver credit and debit card-based internet payment processing solutions primarily to small and mid-sized merchants operating in physical "brick and mortar" business environments, on the internet and in retail settings requiring both wired and wireless mobile payment solutions. eVance operates as an independent sales organization ("ISO") generating individual merchant processing contracts in exchange for future residual payments. As a wholesale ISO, eVance has a direct contractual relationship with the merchants and takes greater responsibility in the approval and monitoring of merchants than do retail ISOs and as a result, receives additional consideration for this service and risk. The Company's Securus365, Inc. ("Securus365") subsidiary operates as a retail ISO and receives residual income as commission for merchants it places with third party processors. The Company's eVance Capital, Inc subsidiary provides lending services to merchants processing with eVance, Inc. CrowdPay.us, Inc. ("CrowdPay") is a Crowdfunding platform used to facilitate a capital raise anywhere from $ 1,000,000 - $ 50,000,000 of various types of securities under Regulation D, Regulation Crowdfunding, Regulation A and the Securities Act of 1933