| SCHEDULE OF DIGITAL ASSETS |
The
following table presents the Company’s Digital Asset holdings as of March 31, 2026:
SCHEDULE
OF DIGITAL ASSETS
| | |
Quantity | |
Cost
Basis | |
Fair
Value |
| Bitcoin | |
| 60.93 | | |
$ | 5,800,320 | | |
$ | 4,157,686 | |
| USDC | |
| 832,343 | | |
| 832,343 | | |
| 832,343 | |
| Total digital assets
held as of March 31, 2026 | |
| | | |
$ | 6,632,663 | | |
$ | 4,990,029 | |
|
| SCHEDULE OF DIGITAL ASSETS ACTIVITY |
The
following table presents a roll-forward of total digital assets for the three months ended March 31, 2026, based on the fair value model
under ASU 2023-08:
SCHEDULE
OF DIGITAL ASSETS ACTIVITY
| | |
Fair
Value |
| Balance as of December 31, 2025 | |
$ | 5,464,011 | |
| Beginning balance, Fair Value | |
$ | 5,464,011 | |
| Cumulative effect adjustment upon adoption
of ASU 2023-08 | |
| | |
| Revenue recognized from Bitcoin mined (7.10
Bitcoin) | |
| 554,122 | |
| Digital assets collected from membership
revenue | |
| 32,174 | |
| Digital assets collected for deferred coffee
sales | |
| 5,256 | |
| Purchase of digital assets | |
| 256,592 | |
| Proceeds from sale of digital assets | |
| (102,386 | ) |
| Operating expenses paid with digital assets | |
| (97,486 | ) |
| Dividends paid via digital assets | |
| (40,693 | ) |
| Realized gain (loss) on digital assets | |
| (30,181 | ) |
| Change in fair value
of digital assets | |
| (1,051,380 | ) |
| Balance as of March
31, 2026 | |
$ | 4,990,029 | |
| Ending balance, Fair
Value | |
$ | 4,990,029 | |
The
following table presents a roll-forward of total digital assets for the three months ended March 31, 2025, based on the fair value model
under ASU 2023-08:
| | |
Fair
Value |
| Balance as of December 31, 2024 | |
$ | 1,127,891 | |
| Beginning balance, Fair Value | |
$ | 1,127,891 | |
| Cumulative effect adjustment upon adoption
of ASU 2023-08 | |
| 148,346 | |
| Revenue recognized from Bitcoin mined (9.12
BTC) | |
| 862,944 | |
| Digital assets collected from membership
revenue | |
| 336,614 | |
| Purchase of digital assets | |
| 1,695 | |
| Operating expenses paid with digital assets | |
| (527,058 | ) |
| Dividends paid via digital assets | |
| (40,645 | ) |
| Realized gain (loss) on digital assets | |
| (13,252 | ) |
| Change in fair value
of digital assets | |
| (220,184 | ) |
| Balance as of March
31, 2025 | |
$ | 1,676,351 | |
| Ending balance, Fair
value | |
$ | 1,676,351 | |
|