v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 6,201,121 $ 19,332,707
Digital Assets 6,197,267 10,250,497
Prepaid investments – related party 10,000,000
Prepaid expenses and other current assets 701,368 1,028,506
Short-term notes receivable, net of allowance for credit losses of $4.7 million at March 31, 2026 and $4.6 million at December 31, 2025 385,428 343,060
Total current assets 23,485,184 30,954,770
Non-current assets    
Intangible assets 406,149 314,727
Total non-current assets 416,498 325,076
Total Assets 23,901,682 31,279,846
Current liabilities    
Accounts payable 1,476,668 1,259,944
Accrued expenses and other current liabilities 33,245 136,234
Warrant liabilities 72,218 141,878
Convertible debt 142,236
Total current liabilities 2,030,089 3,329,237
Commitments and Contingencies (Note 12)
Stockholders’ Equity    
Common stock, $0.001 par value; 225,000,000 shares authorized; 20,234,993 and 5,160,383 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 84,813 69,738
Additional paid-in capital 162,483,668 136,065,924
Accumulated deficit (146,106,466) (140,027,450)
Total Stockholders’ Equity 21,871,593 27,950,609
Total Liabilities & Stockholders’ Equity 23,901,682 31,279,846
Series A2 Preferred Stock [Member]    
Stockholders’ Equity    
Preferred stock, value 659,040 659,040
Series B Preferred Stock [Member]    
Stockholders’ Equity    
Preferred stock, value 4,750,538 31,183,357
Related Party [Member]    
Non-current assets    
Other assets - related party 10,349 10,349
Current liabilities    
Related Party Payable $ 447,958 $ 1,648,945