v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 346,718 $ 204,032
Accounts receivable, net 2,411,517 3,533,330
Unbilled receivables 1,481,196 520,037
Prepaid expenses and other current assets 2,092,953 792,147
Total current assets 6,332,384 5,049,546
Capitalized software, net 500,650 574,109
Property and equipment, net 12,306 13,238
Other long-term assets 1,231,348 39,988
Security deposits 7,818 7,818
Goodwill 4,487,175
Intangible assets, net 4,733 5,546
Cryptocurrency 13,222
Total assets 12,589,636 5,690,245
Current liabilities:    
Accounts payable 1,645,375 1,442,517
Accrued expenses 1,450,068 1,280,563
Short-term borrowings 2,880,018 3,343,710
Income tax payable 325,545 278,215
Total current liabilities 6,301,006 6,345,005
Notes payable 500,000
Convertible notes payable 56,164
Derivative liability, at fair value 405,931
Total liabilities 7,263,101 6,345,005
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY (DEFICIT)    
Ordinary shares, no par value, (**) unlimited shares authorized; 1,660,627 and 109,255 shares and outstanding at December 31, 2025 and 2024, respectively No
Additional paid-in capital 58,911,271 45,510,375
Accumulated deficit (52,818,556) (44,916,779)
Accumulated other comprehensive (loss) (768,407) (1,248,664)
Total stockholders’ equity (deficit) [1] 5,326,535 (654,760)
Total liabilities and stockholders’ equity (deficit) 12,589,636 5,690,245
Series A Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, value 336 182
Series B Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, value 1,341 126
Series C Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, value 550
Series Seed Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, value
[1] Reflects reverse split of 10:1 as approved by the Board of Directors of Freight Technologies, Inc. on January 26, 2024, effective as of February 5, 2024, the reverse split of 1:25 as approved by the Board of Directors of Freight Technologies, Inc. on September 12, 2024, effective as of September 25, 2024, the reverse split of 1:4 as approved by the Board of Directors of Freight Technologies, Inc. on May 22, 2025, effective as of May 27, 2025 and the reverse split of 1:5 as approved by the Board of Directors of Freight Technologies, Inc. on November 12, 2025, effective as of December 15, 2025.