v3.26.1
INVESTMENTS AND FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2026
Investments And Fair Value Measurements  
SCHEDULE OF LONG TERM INVESTMENT

A summary of our long-term investments are as follows:

  

   March 31,
2026		  

December 31,

2025

 
         
Equity securities  $650   $714 
Bifurcated embedded derivative asset   1,022    890 
Long-term investments  $1,672   $1,604 
SCHEDULE OF DERIVATIVE ASSETS

 SCHEDULE OF DERIVATIVE ASSETS

Issuer of Promissory
Convertible Note		  Measurement
Date		  Principal   Weighted-
Average		   Derivative
Value		   Valuation
Technique
                   
Customer A  September 30, 2025   45    38.2%   17.19   Monte Carlo Simulation
Customer B  September 30, 2025   60    21.8%   13.08   Monte Carlo Simulation
Customer C  June 30, 2025   60    26.8%   16.08   Monte Carlo Simulation
Weighted-Average Calculation      165    28.1%   46.35    

 

Asset  Fair Value   Valuation Technique  Significant Unobservable Input  Input Value / Range   Weighted Average 
                   
Bifurcated Embedded Derivative —Promissory Convertible Notes   1,022   Monte Carlo Simulation  Discount Rate (Rd)   28%   28%
           Sale Multiplier   3.0x    3.0x 
           Conversion Price Factor (Discount to Price)   72% of next-round price    72%
           Time to Maturity   24 months (from issuance)    Varied 
           Risk-Free Interest Rate / Credit Spread   6% coupon; contract rate    N/A 

 

Date  Total Transactions   Principal   Accrued Interest   Principal plus Accrued Interest   Valuation Technique
                        
March 31, 2026   65    3,505    119    3,624   Monte Carlo Simulation
SCHEDULE OF FAIR VALUE ON A RECURRING BASIS AND NONRECURRING BASIS

 

Fair Value Measurements Using

 

  

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

  

Significant Other

Observable Inputs

(Level 2)

  

Significant

Unobservable Inputs

(Level 3)

   Total 
                 
Digital assets                    
TON - unrestricted  $72,446   $-   $-   $72,446 
TON - restricted   199,580    -    -    199,580 
Total digital assets  $272,026   $-   $-   $272,026 
Non-marketable equity securities                    
Non-marketable equity securities  $-   $-   $650   $650 
Total non-marketable equity securities  $-   $-   $650   $650 
Derivative assets                    
Bifurcated embedded derivative asset  $-   $-   $1,022   $1,022 
Total derivative assets  $-   $-   $1,022   $1,022 

 

Financial instruments measured at fair value on a recurring basis as of December 31, 2025 are classified based on the valuation technique in the table below:

 

Fair Value Measurements Using

 

  

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

  

Significant Other

Observable Inputs

(Level 2)

  

Significant

Unobservable Inputs

(Level 3)

   Total 
                 
Digital assets                    
TON - unrestricted  $89,628   $-   $-   $89,628 
TON - restricted   267,181    -    -    267,181 
Total digital assets  $356,809   $-   $-   $356,809 
Non-marketable equity securities                    
Non-marketable equity securities  $-   $-   $714   $714 
Total non-marketable equity securities  $-   $-   $714   $714 
Derivative assets                    
Bifurcated embedded derivative asset  $-   $-   $890   $890 
Total derivative assets  $-   $-   $890   $890 

 

Assets and liabilities that are measured at fair value on a nonrecurring basis as of December 31, 2025 are classified based on the valuation technique in the table below:

 

Fair Value Measurements Using

 

  

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

  

Significant Other

Observable Inputs

(Level 2)

  

Significant

Unobservable Inputs

(Level 3)

   Total 
                 
Property and equipment, net  $-   $-   $258   $258 
Definite-lived intangible assets, net  $-   $-   $169   $169 
Indefinite-lived intangible assets  $-   $-   $10   $10