v3.26.1
Condensed Consolidated Statements of Cash Flows
(unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows Provided by / (Used in) Operating Activities    
Net Income / (Loss) $ (66,744,989) $ (3,033,047)
Adjustments to Reconcile Net Income / (Loss) to Net Cash Used in Operating Activities:    
Depreciation and Amortization 30,783 296,528
Amortization of Operating Lease Right-of-Use Assets 123,517 95,657
Loss on Disposal of Property and Equipment 0 5,702
Change in Fair Value of Intangible Digital Assets 62,109,978 0
Realized Loss on Sale of Intangible Digital Assets 2,359,699 0
Non-Cash Interest Expense 6,613 49,600
Non-Cash Share-Based Compensation 942,909 0
Changes in Operating Assets and Liabilities:    
Accounts Receivable 168,161 439,611
Inventory 69,788 (33,921)
Other Current Assets 13,356 (89,530)
Other Long Term Assets 6,000 (6,900)
Accounts Payable 52,970 532,236
Other Current Liabilities (118,689) (187,265)
Operating Lease Liabilities (115,500) (99,935)
Net Cash Provided by / (Used in) Operating Activities (2,453,221) (2,031,264)
Cash Flows Provided by / (Used in) Investing Activities    
Purchase of Property and Equipment 0 (17,325)
Proceeds from Sales of Assets 44,406 82,665
Net Cash Provided by / (Used in) Investing Activities 2,311,664 65,340
Cash Flow Provided by / (Used in) Financing Activities    
Repayment of Notes Payable (11,023) (300,000)
Proceeds from ELOC Sales of Common Stock 0 232,427
Proceeds from Warrants Exercised 0 67
Net Cash Provided by Financing Activities (11,023) 1,612,304
Net Increase (Decrease) in Cash (152,580) (353,620)
Cash – Beginning of Period 453,162 453,162
Cash – End of Period 92,702 99,542
Cash Paid during the Period for:    
Interest Expense 5,884 473,613
Supplemental Schedule of Non-cash Investing and Financing Activities:    
Right-of-use Assets Obtained in Exchange for New Operating Lease Liabilities 0 181,861
Unpaid Property and Equipment Additions 0 7,743
Preferred Stock (Series B)    
Cash Flow Provided by / (Used in) Financing Activities    
Proceeds from Private Placement of Series B Preferred Stock and Warrants 0 1,679,810
$IP Tokens    
Adjustments to Reconcile Net Income / (Loss) to Net Cash Used in Operating Activities:    
Realized Loss on Sale of Intangible Digital Assets (2,359,699)  
Changes in Operating Assets and Liabilities:    
Intangible Digital Assets (1,357,816) 0
Cash Flows Provided by / (Used in) Investing Activities    
Proceeds from Sale of Intangible Digital Assets $ 2,267,258 $ 0