Summary of Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2022 |
|---|
| Summary of Significant Accounting Policies [Abstract] |
|
| Schedule of balance sheet |
| Balance sheet: | |
As Previously | | |
| | |
| |
| December 31, 2021 | |
Reported | | |
Adjustments | | |
As Revised | |
| Total assets | |
$ | 45,529,491 | | |
$ | — | | |
$ | 45,529,491 | |
| | |
| | | |
| | | |
| | |
| Preferred dividend payable | |
| — | | |
| 824,674 | | |
| 824,674 | |
| Other | |
| 3,324,290 | | |
| — | | |
| 3,324,290 | |
| Total liabilities | |
$ | 3,324,290 | | |
$ | 824,674 | | |
| 4,148,964 | |
| | |
| | | |
| | | |
| | |
| Additional paid-in capital | |
| 67,810,922 | | |
| (824,674 | ) | |
| 66,986,248 | |
| Others | |
| (25,605,721 | ) | |
| | | |
| (25,605,721 | ) |
| Total stockholders’ equity | |
$ | 42,205,201 | | |
$ | (824,674 | ) | |
$ | 41,380,527 | |
|
| Schedule of statement of operations |
| Statement of operations | |
As Previously | | |
| | |
| |
| Year ended December 31, 2021 | |
Reported | | |
Adjustments | | |
As Revised | |
| Net Loss | |
$ | (4,978,358 | ) | |
$ | — | | |
$ | (4,978,358 | ) |
| Preferred stock dividends | |
| — | | |
| (555,960 | ) | |
| (555,960 | ) |
| Net loss allocable to common shareholders | |
| (4,978,358 | ) | |
| (555,960 | ) | |
| (5,534,318 | ) |
| Loss per share | |
$ | (0.63 | ) | |
| | | |
$ | (0.70 | ) |
| Weighted average common shares outstanding | |
| 7,918,263 | | |
| | | |
| 7,918,263 | |
|
| Schedule of other current assets |
| | |
December 31,
2022 | | |
December 31,
2021 | |
| Cryptocurrency at cost | |
$ | 1,030,183 | | |
$ | 304,004 | |
| Investment in cryptocurrency-based fund | |
| 250,000 | | |
| 250,000 | |
| Other current assets | |
| 456,911 | | |
| 175,347 | |
| Total | |
$ | 1,737,094 | | |
$ | 729,351 | |
|
| Schedule of revenue disaggregated by revenue source |
| | |
For the Years Ended
December
31, | |
| | |
2022 | | |
2021 | |
| Revenue from contracts with customers: | |
| | |
| |
| Wholesale contracts | |
$ | 26,424,478 | | |
$ | 13,336,832 | |
| Retail contracts | |
$ | 1,646,663 | | |
$ | 1,680,680 | |
| Other transaction and processing fees | |
$ | 1,571,659 | | |
$ | 1,389,243 | |
| Cryptocurrency mining fees | |
$ | 726,179 | | |
$ | 304,004 | |
| Total transactions and processing fees | |
$ | 30,368,979 | | |
$ | 16,710,759 | |
|