v3.26.1
Marketable Securities
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities

Note 6. Marketable Securities

 

The Company holds 200,000 shares of common stock of Adapti, Inc. (“Adapti”), an entity affiliated with the Company’s Chief Executive Officer. The investment is classified as a marketable equity security and is measured at fair value using quoted market prices, with changes in fair value recognized in earnings.

 

The carrying value of marketable securities consisted of the following:

 

               
    March 31,
2026
   

December 31,

2025

 
Investment in Adapti   $ 968,812     $ 968,812  
Unrealized loss     (732,277 )     (720,899 )
Marketable Securities, net   $ 236,535     $ 247,913  

 

The Company recognized unrealized gains (losses) related to marketable securities of approximately $(11,378) and $1,652,754 during the three months ended March 31, 2026 and 2025, respectively.