Private company

Salt Blockchain Inc.

American finance services company that raised $64 million in 2023 (SEC Form D)2

In its 2022 annual report the company says: “The Company provides loans through a proprietary software technology platform that are collateralized by digital assets. The Company wholly owns various subsidiaries, which include Salt Lending LLC, Salt Digital Lending LLC, Salt Platform, LLC, Salt Technology, Ltd., Marvel Dealings LLC, Mayacama Ltd. In addition, in January 2021, the Company acquired Harmonic Technologies, LLC.”28 It is headquartered in Denver, United States.2

Last updated Oct 20, 2026.

Overview

  • IndustryFinance Services2
  • HeadquartersDenver, United States2
  • Incorporated inDE3
  • Business addressPo Box 8350, Denver, Co 802013
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI254900XQMIHDBR9A7A232
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 61467522

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-901.8%Operating margin4
-759.6%Net margin4
251.1%Revenue growth, 20214
-$56.7MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Research and development3¢$766.2K
  • Selling, general and admin68¢$18.1M
  • Interest26¢$7.0M
  • Income tax4¢$948.7K

Out of $3.7M in revenue.4 The company lost money this year.

Financial statements

Revenue4$3.7M in 2021+251% since 2020
0$1.0M$2.0M$3.0M$4.0M2020: $1.1M$1.1M20202021: $3.7M$3.7M2021+251%
Operating income4-$33.7M in 2021+61% since 2020
-$40.0M-$30.0M-$20.0M-$10.0M02020: -$20.9M-$20.9M20202021: -$33.7M-$33.7M2021+61%
Net income4-$28.4M in 2021+87% since 2020
-$30.0M-$20.0M-$10.0M02020: -$15.2M-$15.2M20202021: -$28.4M-$28.4M2021+87%
Fiscal year201920202021
Revenue$1.1M4$3.7M4
Research and development$04$766.2K4
Selling, general and admin$12.7M4$18.1M4
Operating income-$20.9M4-$33.7M4
Interest$332.7K4$7.0M4
Income before tax-$29.3M4
Income tax-$139.1K4-$948.7K4
Net income-$15.2M4-$28.4M4

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Corporate structure

Salt Blockchain Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Salt Blockchain Inc. Denver, Colorado, United States
    • SALT Blockchain Asset Partners, LLC Subsidiary · Denver, Colorado, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

What it owns

What Salt Blockchain Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$273.2K4 Dec 31, 2021$113.3K4 Dec 31, 2020+141.1%
Property and equipment, net$23.4K4 Dec 31, 2021$223.3K4 Dec 31, 2020−89.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$849.2K4 Dec 31, 2021$5.6M4 Dec 31, 2020−84.8%
Equity securities at fair value$9.8M4 Dec 31, 2021$32.7M4 Dec 31, 2020−70.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Indefinite-lived intangibles (excluding goodwill)$36.0M4 Dec 31, 2021$4.2M4 Dec 31, 2020+764.5%

Leadership

Who has led Salt Blockchain Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Justin English2021
  2. Shawn Owen2022

President

  1. Dustin Hull2022

Chief financial officer

  1. Dustin Hull2021–2022

Chief operating officer

  1. Dustin Hull2022
2025
Board members and other officers (8)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorDavid Carlson named Feb 16, 202317

Former names

  • Salt Lending Holdings, Inc.Nov 4, 2016 to Nov 2, 20173

Timeline

  1. Nov 6, 20238-K Executive or director change18
  2. Mar 10, 20238-K Executive or director change19
  3. Feb 24, 20238-K Change of auditor20
  4. Feb 23, 20238-K Executive or director change21
  5. Feb 3, 20238-K Entered a material agreement; Unregistered sale of shares; Change to shareholders' rights22
  6. Oct 4, 2022New chief executive Shawn Owen becomes CEO5
  7. Jul 26, 20228-K Executive or director change23
  8. Jun 30, 20228-K Executive or director change24
  9. Jan 25, 20228-K Executive or director change25
  10. Jan 12, 20228-K Executive or director change26
  11. Oct 12, 20218-K Bylaws or fiscal year changed27
  12. Jul 12, 2021New chief executive Justin English becomes CEO6
  13. Sep 9, 2016Founded Salt Blockchain Inc. is founded2

Filings

42 filings to the SEC since October 2021: 1 annual reports, 2 quarterly reports, 10 major events, 10 insider forms, 1 private raises, 18 other. The latest 20:

  1. Sep 6, 2024REVOKED EDGAR
  2. Nov 6, 20238-K EDGAR
  3. Oct 5, 2023UPLOAD EDGAR
  4. Sep 12, 2023UPLOAD EDGAR
  5. Aug 25, 2023UPLOAD EDGAR
  6. Jul 31, 2023CORRESP EDGAR
  7. Jul 14, 2023UPLOAD EDGAR
  8. Mar 29, 2023NT 10-K EDGAR
  9. Mar 10, 20238-K EDGAR
  10. Feb 24, 20238-K EDGAR
  11. Feb 23, 20238-K EDGAR
  12. Feb 16, 2023D EDGAR
  13. Feb 3, 20238-K EDGAR
  14. Oct 4, 20224 EDGAR
  15. Oct 4, 20224 EDGAR
  16. Oct 4, 20224 EDGAR
  17. Oct 4, 20224 EDGAR
  18. Oct 4, 20224 EDGAR
  19. Oct 4, 20224 EDGAR
  20. Oct 4, 20224 EDGAR

The 42 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jan 31, 2023Raised $64 million in a private offering of equity Form D: $85 million offered in all Form D

SEC filer profile

How Salt Blockchain Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSalt Blockchain Inc.1
  • CIK0001686400
  • Employer ID (EIN)81-40298351
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business addressPo Box 8350, Denver, CO 802011
  • Phone303-243-50181
  • Shares outstanding11,153,882 as of Jun 22, 20224
  • On EDGAR sinceNov 4, 20161
  • Filings84 in all: 4 (19), 8-K (13), 3 (12), UPLOAD (12), CORRESP (8), 10-12G/A (4), NT 10-Q (4), D (3)1
    All 14 form types

    10-Q (2), D/A (2), NT 10-K (2), 10-12G (1), 10-K (1), REVOKED (1)

  • Latest filingsAnnual report (10-K) Jun 23, 2022
    Quarterly report (10-Q) Dec 27, 2021
    Latest 8-K (8-K) Nov 6, 2023

Sources

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