v3.26.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 2,147,377 $ 1,688,935
Cost of revenues    
Total cost of revenues 1,133,065 1,568,659
Gross profit 1,014,312 120,276
Operating expenses:    
Professional fees 293,114 282,759
General and administrative 245,595 275,629
Research and development 80,444 209,251
Compensation and related expenses 2,794,732 688,202
Marketing 27,844 245,172
Impairment loss on intangible digital assets 209,921
Realized losses on digital asset transactions 29,293,946 1,382,288
Unrealized loss on digital assets 35,685,176 14,530,822
Total operating expenses 68,630,772 17,614,123
Other income (expenses):    
Interest expense (1,547,859)
Change in fair value of warrant liabilities 225,150
Total other income (expenses) (1,547,859) 225,150
Net loss $ (69,164,319) $ (17,268,697)
Basic net loss per share attributable to common stockholders $ (1.43) $ (0.86)
Diluted net loss per share attributable to common stockholders $ (1.43) $ (0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Block chain Infrastructure Revenues [Member]    
Revenues    
Total revenues $ 1,135,351 $ 1,688,935
Cost of revenues    
Total cost of revenues 1,123,990 1,568,659
DeFi Revenues [Member]    
Revenues    
Total revenues 1,012,026
Cost of revenues    
Total cost of revenues $ 9,075