FIRY$12.45-4.21%

Firy Inc.

Sector: Services-Computer Processing & Data PreparationIndustry: Electronic Gaming & MultimediaCountry: USExchange: NYSE

Mkt Cap:$209.48M

Float & O/S:

Inst Own:

DilutionScan read 43 of Firy Inc.'s SEC filings and found 1 warrant series on file for FIRY. Analysis updated Nov 1, 2026.

Signal8 Summary

FIRY

Cash-rich platform growing revenue

Snapshot

Firy is a mobile gaming platform with excellent unit economics but heavy marketing costs. The company generates an 87.5% gross margin on $104.5M of revenue, which grew 9.5% YoY, but it pours 68% of that revenue back into sales and marketing.

What's Happening Right Now

: A federal court ordered Papaya Gaming to pay $719 million to FIRY's subsidiary to disgorge profits from false advertising.
: The company completed its rebrand from Skillz to Firy Inc., with shares now trading under the ticker symbol FIRY.
: Firy reported Q1 2026 revenue of $29.1 million, up year-over-year, alongside a net loss of $10.9 million.

Raise routes on file: no active ATM, effective shelf, S-1 or equity line in the filings read

Overall Risk

Offering Ability

Overhead Supply

Historical

Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

A free account reads 3 tickers a day in full

Get Pro · every ticker

$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)

Share count and cash history

Shares outstanding, potential dilution and cash over time

Warrants · 1

What is this?

Exercise price, shares and dates with Pro

Warrant

Outstanding

Shares Underlying

Exercise Price