v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net sales $ 871,200 $ 821,200
Operating costs and expenses(1)    
Cost of revenue 1,501,000 336,700
Research and development [1] 8,402,100 12,564,900
Sales and marketing 691,200 497,400
General and administration [1] 37,937,000 25,178,000
Unrealized loss on digital assets and digital assets pledged 243,961,400 0
Depreciation and amortization 1,866,400 1,779,200
Total operating costs and expenses [1] 294,359,100 40,356,200
Loss from operations (293,487,900) (39,535,000)
Interest income 7,230,200 7,995,200
Interest expense (11,469,800) (186,800)
Investment loss (108,209,800) 0
Litigation settlement 151,900 0
Loss from operations before income taxes (405,785,400) (31,726,600)
Income tax expense (98,800) 0
Net loss (405,884,200) (31,726,600)
Less net loss attributable to noncontrolling interest 70,700 0
Net loss available to common stockholders $ (405,813,500) $ (31,726,600)
Loss per share attributable to common stockholders:    
Basic (in Dollars per share) $ (1.47) $ (0.14)
Diluted (in Dollars per share) [2] $ (1.47) $ (0.14)
Weighted Average Shares used to compute net loss per share attributable to common stockholders:    
Basic (in Shares) 276,744,177 220,576,705
Diluted (in Shares) 276,744,177 220,576,705
[1] Operating costs and expenses include stock-based compensation expense as follows:
[2] Loss per share attributable to common stockholders for diluted calculation is based on the basic weighted shares as these are not dilutive. The basic and diluted loss per share attributable to common stockholders are therefore the same.