v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenue $ 13,062,534 $ 13,728,922 $ 17,060,753
Cost and expenses      
Cost of revenue (exclusive of depreciation and amortization shown separately below) 11,460,769 12,389,520 15,709,673
Compensation and employee benefits 4,482,151 5,349,764 5,963,713
Sales and marketing 118,392 65,574 80,328
General and administrative 2,445,918 1,983,901 3,163,639
Depreciation and amortization 449,369 430,414 404,598
Total Cost and expenses 18,956,599 20,219,173 25,321,951
Operating Loss (5,894,065) (6,490,251) (8,261,198)
Other income and (expenses)      
Interest income 1,770 8,880
Interest expense (762,399) (675,628) (816,819)
Other income 342
Other expense (499,259)
Unrealized gain (loss) in fair value of cryptocurrency (16,666)
Realized (loss) in value of sold cryptocurrency (1,650,339)
Gain from extinguishment of debt 1,607,766  
Change in the fair value of derivative liability 512,138
Change in fair value of convertible note (38,069) 22,602 345,396
Total other expense (1,955,335) 956,510 (961,460)
Loss before income taxes (7,849,400) (5,533,741) (9,222,658)
Income tax expense 52,377 67,486 104,948
Net loss [1] $ (7,901,777) $ (5,601,227) $ (9,327,606)
Weighted average number of shares, basic [1] 566,330 45,642 2,393
Weighted average number of shares, diluted [1] 566,330 45,642 2,393
Loss per share, basic [1] $ (13.95) $ (122.72) $ (3,897.87)
Loss per share, diluted [1] $ (13.95) $ (122.72) $ (3,897.87)
Other comprehensive gain (loss) net of tax      
Foreign currency translation [1] $ 480,258 $ (1,740,552) $ 452,917
Comprehensive loss $ (7,421,519) $ (7,341,779) $ (8,874,689)
[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.