v3.26.1
VARIABLE INTEREST ENTITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF FINANCIAL STATEMENTS

 

Statements of Operations Data: 

For Three

Months Ended

March 31, 2026

  

For Three

Months Ended

March 31, 2025

 
    (Unaudited)    (Unaudited) 
           
Net investment and other income   -    7 
Underwriting related income   494    529 
Total revenue   494    536 
Expenses   (14)   (30)
Income attributable to tokenholders   (458)   (482)
Net income attributable to ordinary shareholders   22    24 

 

Balance Sheet Data: 

At

March 31, 2026

  

At

December 31, 2025

 
    (Unaudited)    (Unaudited) 
    (In thousands)    (In thousands) 
Total assets   7,782    5,330 
Amounts due to tokenholders*   2,085    2,766 
Due to Parent   59    70 
Due to affiliate   263    - 
Total shareholder’s equity   5,375    2,494 

 

* includes underwriting profit of $457,000 (2025: $788,000) due to Parent.