v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash and cash equivalents $ 3,519,000 $ 4,353,000 $ 2,823,000
Accounts receivable 818,000 857,000 2,636,000
Note receivable, net of allowance for credit loss reserve, $12 and $0 as of December 31, 2025 and December 31, 2024, respectively 1,988,000 1,988,000
Unbilled revenue 285,000 338,000 733,000
Prepaid expenses and other current assets 208,000 154,000 131,000
Inventory 31,000 37,000 39,000
Total current assets 6,849,000 7,727,000 6,362,000
Non-current assets      
PROPERTY AND EQUIPMENT, NET 16,000 20,000 116,000
Right-of-use assets, net 236,000
INTANGIBLE ASSETS, NET 2,325,000 2,345,000 5,365,000
GOODWILL 2,926,000 2,926,000 3,988,000
TOTAL ASSETS 12,116,000 13,018,000 16,067,000
Current liabilities      
Term note, current   500,000
Accounts payable 532,000 745,000 2,971,000
Other accrued expense 457,000 530,000 660,000
Lease liabilities 108,000
Convertible note – related party, current 400,000 400,000
Convertible note, current 350,000 350,000
Total current liabilities 1,739,000 2,025,000 4,239,000
Non-current liabilities      
Lease liabilities 139,000
Term note   375,000
Convertible note – related party   450,000
Convertible note   650,000
Total liabilities 1,739,000 2,025,000 5,853,000
Stockholders’ equity (deficiency)      
Issued and outstanding: 126,080 shares (2024 - 116,030) 14,000 14,000 11,000
Additional paid-in-capital 102,096,000 102,059,000 96,344,000
Treasury shares (476,000) (502,000) (480,000)
(Deficit) retained earnings (91,257,000) (90,578,000) (85,673,000)
Accumulated other comprehensive loss   12,000
Total stockholders' equity 10,377,000 10,993,000 10,214,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 12,116,000 13,018,000 16,067,000
Open World Ltd. [Member]      
Current assets      
Cash and cash equivalents 647,552 729,422 4,025,185
Accounts receivable 1,564,086 1,266,223 13,934,613
Crypto assets 1,082,798 922,987 8,007,056
Contract asset 30,000  
Investments 117,671 539,328
Loans receivable 67,878 814,369
Notes receivable 174,481  
Shares and warrants receivable 84,278 585,599
Prepaids and deposits 156,361 89,143 237,457
Due from related parties 14,775 14,775 43,032
Total current assets 3,939,880 4,961,846 26,247,343
Non-current assets      
Right-of-use assets, net 912,147 982,858 1,258,424
Investments 100,348 100,348 100,000
Total non-current assets 1,012,495 1,083,206 1,358,424
TOTAL ASSETS 4,952,375 6,045,052 27,605,767
Current liabilities      
Accounts payable and accrued liabilities 3,453,198 1,156,624 1,102,035
Deferred revenue   125,590 293,500
Contract liabilities 105,159 125,590  
Notes payable 757,705  
Lease liabilities 290,140 284,651 263,352
Total current liabilities 4,606,202 1,566,865 1,658,887
Non-current liabilities      
Lease liabilities 650,124 723,844 1,008,495
Total liabilities 5,256,326 2,290,709 2,667,382
Stockholders’ equity (deficiency)      
Issued and outstanding: 126,080 shares (2024 - 116,030) 13 13 1,160
Additional paid-in-capital 4,680,807 4,379,103 50
Treasury shares (50)
Simple agreements for future equity 2,250,000 2,000,000 2,000,000
(Deficit) retained earnings (7,234,771) (2,624,773) 22,937,225
Total stockholders' equity (303,951) 3,754,343 24,938,385
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 4,952,375 6,045,052 27,605,767
Series A Preferred Stock [Member]      
Stockholders’ equity (deficiency)      
Convertible preferred stock
Series B Preferred Stock [Member]      
Stockholders’ equity (deficiency)      
Convertible preferred stock