RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 12. RELATED PARTY TRANSACTIONS
Aside from the transactions discussed in NOTE 9. NOTES PAYABLE to these consolidated financial statements, the Company carries a payables balance to Red Leaf Opportunities Fund LP, an entity in which the Company’s principal shareholder, former director and former Chief Executive Officer has a controlling interest in the General Partner, Red Leaf Advisors LLC, for previous purchases of crypto assets. The Company carries a payables balance to Red Leaf Advisors, an entity in which Eric Gravengaard, our former CEO and former director, has controlling interest for previous purchases of crypto assets. On or about April 9, 2025, the Company was notified of a “Turnover Order” dated April 2, 2025, in the amount of $341 for the benefit of Judgment Creditor, SDY Trust, of funds in its possession belonging to Red Leaf Advisors. The Company is a non-party third party on these proceedings. On September 5, 2025, the Company disbursed $341 to SDY Trust resulting in a balance due to Red Leaf Advisors of $66. The outstanding balance due to Red Leaf Opportunities Fund LP as of December 31, 2025, and 2024, was $66 and $407, respectively, and is recorded in accounts payable, related-party in the consolidated balance sheets.
The Company incurred cash logistics services of $6,537 and $5,156 for the years ended December 31, 2025, and 2024, respectively with Move On Security LLC. Mr. Matias Goldenhörn, the Chief Executive Officer and director of the Company, has a 50% interest in Move On Security LLC. Included in the balance of accounts payable, related-party are the amounts due to Move On Security, LLC of $112 and $246 as of December 31, 2025, and 2024, respectively.
On February 7, 2024, the Company entered into a service agreement with Move On Tech Service, LLC to provide ATM services for the Company’s ATM operations in various states. Move On Tech Service, LLC is responsible for ATM management, periodic ATM maintenance, installation, and deinstallation. Mr. Matias Goldenhörn, the Chief Executive Officer and director of the Company, has a 50% interest in Move On Tech Service, LLC. During the years ended December 31, 2025, and 2024, the Company incurred $4,955 and $3,858 in services with Move On Tech Service, LLC. Included in the balance of accounts payable, related-party are the amounts due to Move On Tech Service, LLC of $77 and $165 as of December 31, 2025, and 2024, respectively.
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