REVENUE (Tables)
|
3 Months Ended |
12 Months Ended |
Mar. 31, 2026 |
Dec. 31, 2025 |
| Schedule of disaggregated revenues |
| Schedule of disaggregation of revenue | |
| | | |
| | |
| | |
Consolidated | |
| Revenue | |
Three Months Ended
March 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Proactive services | |
$ | 1,040 | | |
$ | 3,694 | |
| Premium services | |
| 708 | | |
| 735 | |
| Other | |
| 24 | | |
| 26 | |
| | |
$ | 1,772 | | |
$ | 4,455 | |
|
| Schedule of disaggregation of revenue | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | |
Precision Logistics | | |
Authentication | | |
Consolidated | |
| Revenue | |
Year Ended
December 31, | | |
Year Ended
December 31, | | |
Year Ended
December 31, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| ProActive services | |
$ | 13,165 | | |
$ | 19,365 | | |
$ | - | | |
$ | - | | |
$ | 13,165 | | |
$ | 19,365 | |
| Premium services | |
| 3,077 | | |
| 4,401 | | |
| - | | |
| - | | |
| 3,077 | | |
| 4,401 | |
| Brand protection services | |
| - | | |
| - | | |
| 156 | | |
| 441 | | |
| 156 | | |
| 441 | |
| | |
$ | 16,242 | | |
$ | 23,766 | | |
$ | 156 | | |
$ | 441 | | |
$ | 16,398 | | |
$ | 24,207 | |
|
| Schedule of contract assets from contracts with customers |
| Schedule of contract assets from contracts with customers | |
| | | |
| | |
| | |
Contract Asset | |
| | |
March 31, | |
| | |
2026 | | |
2025 | |
| Beginning balance, January 1 | |
$ | 338 | | |
$ | 733 | |
| Contract asset additions | |
| 285 | | |
| 641 | |
| Reclassification to accounts receivable, billed to customers | |
| (338 | ) | |
| (733 | ) |
| Ending balance, March 31 (1) | |
$ | 285 | | |
$ | 641 | |
______________
| (1) | Included within "Unbilled revenue" on the accompanying Consolidated Balance sheets. |
|
| Schedule of contract assets from contracts with customers | |
| | | |
| | |
| | |
Contract Asset | |
| | |
December 31, | |
| In Thousands | |
2025 | | |
2024 | |
| Beginning balance, January 1 | |
$ | 733 | | |
$ | 1,282 | |
| Contract asset additions | |
| 5,841 | | |
| 8,572 | |
| Reclassification to accounts receivable, billed to customers | |
| (6,236 | ) | |
| (9,121 | ) |
| Ending balance (1) | |
$ | 338 | | |
$ | 733 | |
______________
| (1) | Included within "Unbilled revenue" on the accompanying Consolidated Balance Sheets. |
|
| Open World Ltd. [Member] |
|
|
| Schedule of disaggregated revenues |
| Schedule of disaggregated revenues | |
| | | |
|
| | |
March
31, 2026 | | |
March
31, 2025 |
| Digital assets and capital markets infrastructure | |
$ | 3,088,827 | | $ |
7,589,380 |
| Advisory and onboarding | |
| 571,687 | | |
1,140,232 |
| Total revenue | |
$ | 3,660,514 | | $ |
8,729,612 |
|
| Schedule of disaggregated revenues | |
| | | |
| | |
| | |
2025 | | |
2024 | |
| Digital assets and capital markets infrastructure | |
| 32,187,179 | | |
| 34,732,400 | |
| Advisory and onboarding | |
| 3,561,320 | | |
| 4,894,073 | |
| Total revenue | |
| 35,748,499 | | |
| 39,626,473 | |
|
| Schedule of contract balance |
| Schedule of contract balance | |
| | | |
|
| | |
Contract
assets | | |
Contract
liabilities |
| Beginning balance, December 31, 2025 | |
$ | - | | $ |
125,590 |
| Advance billings and customer prepayments | |
| - | | |
551,256 |
| Revenue recognized in advance of billing | |
| 30,000 | | |
- |
| Reduction due to revenue recognized | |
| - | | |
(571,687) |
| Ending balance, March 31, 2026 | |
$ | 30,000 | | $ |
105,159 |
|
|