v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash $ 2,327,723 $ 15,777
Accounts receivable, net 16,139 17,430
Prepaid expenses 441,016 162,766
Other receivables 876,215 829,215
Other current assets 73,664 25,444
Total Current Assets 3,734,757 1,050,632
Other Assets:    
Property and equipment, net 2,721,710 2,725,120
Goodwill 8,139,889 8,139,889
Other long-term assets 380,952 380,952
Total Other Assets 11,242,551 11,245,961
TOTAL ASSETS 14,977,308 12,296,593
Current Liabilities:    
Cash overdraft 27,019 27,019
Accounts payable 3,722,811 4,462,250
Accrued expenses 819,488 817,600
Merchant portfolio purchase installment obligation 2,000,000 2,000,000
Note payable – current portion 182,684 216,684
Total Current Liabilities 6,876,817 7,690,868
Long Term Liabilities:    
Total Liabilities 6,876,817 7,690,868
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Preferred stock, value
Common stock, $0.0001 par value, 50,000,000 shares authorized, 12,505,788 and 9,450,749 shares issued, 12,493,171 and 9,438,132 shares outstanding at March 31, 2026 and December 31, 2025, respectively 1,250 944
Common stock to be issued 130,120
Treasury stock, at cost, 12,617 shares at March 31, 2026 and December 31, 2025 (109,988) (109,988)
Additional paid-in capital 83,605,549 79,163,627
Accumulated deficit (75,526,440) (74,448,858)
Total Stockholders’ Equity 8,100,491 4,605,725
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 14,977,308 12,296,593
Related Party    
Current Liabilities:    
Related party payable 124,815 167,315
Series A Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value