v3.26.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue    
Total revenue $ 30,200,000 $ 5,196,149
Operating expenses    
Cost of products sold 31,636
Cost of services 3,020,000 1,575
Research and development, net 6,585 48,820
General and administrative 3,132,917 4,542,025
Sales and marketing 12,420 172,238
Loss on deconsolidation of subsidiaries 75,138
Total operating expenses 6,171,922 4,871,432
Operating income 24,028,078 324,717
Other income (expense)    
Interest and other income, net 416,929 371,444
Interest expense (11,245) (7,555)
Gain on extinguishment of debt 9,738,487
Gain on impairment adjustment 2,079,575
Gain on settlement of compensation expenses 570,785
Change in fair value of EIB loan guaranty (908,586)
Foreign currency transaction gains 103 575
Total other income 405,787 11,844,725
Income before income taxes 24,433,865 12,169,442
Provision for income taxes (813,809) (176,662)
Net income 23,620,056 11,992,780
Net income allocated to preferred stockholders - basic (141,343) (636,742)
Net income available to common stockholders - basic 23,478,713 11,356,038
Net income 23,620,056 11,992,780
Net income allocated to preferred stockholders - diluted (140,617)
Net income available to common stockholders - diluted $ 23,479,439 $ 11,992,780
Basic $ 2.33 $ 2.44
Diluted $ 2.32 $ 2.30
Weighted average shares outstanding    
Basic 10,075,730 4,655,225
Diluted 10,128,447 5,219,902
Other comprehensive income - foreign currency translation $ 2,315
Comprehensive income 23,622,371 11,992,780
Product [Member]    
Revenue    
Total revenue 169,373
Service [Member]    
Revenue    
Total revenue 26,776
Listing sponsorship services [Member]    
Revenue    
Total revenue $ 30,200,000 $ 5,000,000