v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue    
Total Revenue $ 12,779 $ 895
Costs and expenses    
Cost of revenue, exclusive of depreciation and amortization shown separately below 3,894 224
Depreciation and amortization 1,305 1,077
Impairment 3,131
General and administrative 40,891 11,238
Total costs and expenses 49,221 12,539
Operating loss (36,442) (11,644)
Other income (expense), net    
Interest income 1,032 692
Unrealized loss on short-term investments (44)
Interest expense (1) (237)
Financing costs (90)
Other income, net (113,214) 813
Total other income (expense), net (112,183) 1,134
Net loss before income taxes (148,625) (10,510)
Income tax expense (benefit) (234)
Net loss (148,391) (10,510)
Less: Net income (loss) attributable to non-controlling interests 88 (181)
Net loss attributable to Ton Strategy Company (148,479) (10,329)
Preferred Stock dividend payable (152) (243)
Deemed dividend due to redemption of Preferred Stock (1,000) (900)
Net loss to common stockholders $ (149,631) $ (11,472)
Net income (loss) per share - basic $ (5.96) $ (19.36)
Net income (loss) per share - diluted $ (5.96) $ (19.36)
Weighted average number of common shares outstanding - basic 25,109,082 592,478
Weighted average number of common shares outstanding - diluted 25,109,082 592,478
Nonrelated Party [Member]    
Costs and expenses    
General and administrative $ 21,637 $ 9,886
Related Party [Member]    
Costs and expenses    
General and administrative 19,254 1,352
MARKET.live [Member]    
Revenue    
Total Revenue 4,782 637
Go Fund Yourself [Member]    
Revenue    
Total Revenue 4,020 258
Ton [Member] | Nonrelated Party [Member]    
Revenue    
Total Revenue 2,806
Ton [Member] | Related Party [Member]    
Revenue    
Total Revenue $ 1,171