The following tables present, for each segment and consolidated total, the Company's revenues and significant expenses regularly provided to the CODM, reconciled to income (loss) from operations before provision for income taxes for each of the periods presented. Total segment assets provided to the CODM are also disclosed in the tables below for each period presented. Corporate activities are not considered an operating segment consisting primarily of corporate support functions that include capital and funding to support the business activities of the Company as well as costs and expenses not allocated to a line of business.


	Successor
	Period from June 7, 2025 through April 30, 2026
	Retail and Industry		BNB Treasury Management		Corporate		Total
Total revenue, net	$	26,407	$	—	$	—	$	26,407
Cost of revenue	(18,536)		—		—		(18,536)
Unrealized gain (loss) on digital assets	—		(130,315)		—		(130,315)
Realized gain (loss) on digital assets	—		(1,293)		—		(1,293)
Other income from Airdrops	—		7,863		—		7,863
Advertising and marketing expense	(193)		—		(4,938)		(5,131)
Compensation expense	(5,374)		(245)		(2,710)		(8,329)
Management fees to affiliate	—		(5,010)		—		(5,010)
Professional and contractor fees	(535)		(208)		(5,056)		(5,799)
Equity-based compensation	(34)		—		(43)		(77)
Gain from change in fair value of warrant liabilities	—		—		282,920		282,920
Interest expense and other income, net	(822)		—		—		(822)
Other segment expenses(A)	(4,937)		(272)		(21,796)		(27,005)






Income (loss) from operations before provision for income taxes	(4,024)		(129,480)		248,377		114,873
Total Assets	16,910		320,597		339		337,846


	Predecessor
	Period from May 1, 2025 through June 6, 2025
	Retail and Industry		BNB Treasury Management		Corporate		Total
Total revenue, net	$	2,928	$	—	$	—	$	2,928
Cost of revenue	(2,002)		—		—		(2,002)



Advertising and marketing expense	(63)		—		—		(63)
Compensation expense	(431)		—		—		(431)

Professional and contractor fees	(135)		—		—		(135)



Other segment expenses(A)	(276)		—		—		(276)






Income (loss) from operations before provision for income taxes	21		—		—		21
Total Assets	9,191		—		—		9,191


	Predecessor
	Year Ended April 30, 2025
	Retail and Industry		BNB Treasury Management		Corporate		Total
Total revenue, net	$	27,992	$	—	$	—	$	27,992
Cost of revenue	(18,013)		—		—		(18,013)



Advertising and marketing expense	(622)		—		—		(622)
Compensation expense	(4,950)		—		—		(4,950)

Professional and contractor fees	(704)		—		—		(704)



Other segment expenses(A)	(2,996)		—		—		(2,996)






Income (loss) from operations before provision for income taxes	707		—		—		707
Total Assets	9,044		—		—		9,044