v3.26.1
BUSINESS ACQUISITION (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF TANGIBLE AND IDENTIFIABLE INTANGIBLE ASSETS ACQUIRED AND LIABILITIES ASSUMED

The Company recorded all tangible and identifiable intangible assets acquired and liabilities assumed at their preliminary estimated fair values as of the acquisition date. The preliminary allocation is as follows:

 

Preliminary Amount Recognized as of the Acquisition Date (In Thousands)    
Assets acquired     
Cash  $366 
Due from related party   11 
Sales tax receivable   14 
Prepaid expenses and other assets   22 
Trade name   5,100 
Developed technology   40,000 
Legal and compliance framework   2,400 
Goodwill   70,435 
Total assets acquired  $118,348 
Liabilities assumed     
Accounts payable and accrued expenses  $(262)
Deferred tax liability   (12,588)
Total liabilities assumed  $(12,850)
Net assets acquired   105,498 
SCHEDULE OF UNAUDITED PRO FORMA CONSOLIDATED RESULTS OF REVENUE AND NET LOSS

All amounts presented are in U.S. dollars. The pro forma consolidated results of revenue and net loss, assuming the acquisition had occurred on January 1, 2025 and assuming the acquisitions had occurred on April 1, 2024, the date of inception of Streamex Exchange, is as follows:

 

  

For the years ended

December 31, 2025

  

For the years ended

December 31, 2024

 
Revenue  $200   $40 
Net loss   (464,888)   (21,059)