v3.25.1
Condensed Statements of Cashflows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss attributable to common stockholders $ (2,155,087) $ (327,947)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 34,212 17,238
Stock issued for services 272,748 14,009
Impairment of intangible asset (bitcoin) 537,253  
Unrealized gain on intangible asset (bitcoin) (113,406)
Changes in operating assets and liabilities:    
Receivables 16,785
Prepaid expenses 193,648 (28,908)
Accrued payroll and related (94,898)
Accounts payable and accrued expenses 46,356 2,752
Net cash used in operating activities (1,262,389) (322,856)
Cash flows from investing activities:    
Purchases of intangibles (Bitcoin) (2,001,246)
Capitalized software costs (83,819) (60,900)
Net cash used in investing activities (2,085,065) (60,900)
Cash flows from financing activities:    
Purchases of treasury stock (298,207)
Proceeds from sale of common stock 161,846
Proceeds from sale of preferred stock - Series B 190,000
Costs incurred for equity sales (1,629)
Proceeds from loan - related party
Net cash (used in) provided by financing activities (298,207) 350,217
Net (decrease) increase in cash (3,645,661) (33,539)
Cash, beginning of period 4,680,840 259,212
Cash, end of period 1,035,179 225,673
Supplemental disclosures of cash flow information:    
Cash paid during period for interest
Cash paid during period for taxes
Supplemental disclosure of non-cash investing and financing activities:    
Preferred Series A shares issued for dividends 3 2,765
Prepaid expenses paid for by issuance of common stock 189,883 104,900
Common shares issued for Preferred Series B dividends $ 5