v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities    
Net loss $ (1,112,244) $ (522,033)
Amortization and depreciation 184,148 121,197
Unrealized loss on bitcoin 225,356 115,338
Noncash operating lease expense 1,811
Stock-based compensation – restricted stock 109,487 52,881
Stock-based compensation – stock options 17,872 1,715
Changes in operating assets and liabilities:    
Accounts receivable 25,629 16,629
Contract asset (11,083)
Prepaid expenses and other assets (236,801) 7,506
Accounts payable and credit card payable 18,348 5,408
Accrued expenses 2,368
Deferred revenue (898) 7,324
Lease liability - operating (1,811)
Net cash used in operating activities (777,818) (194,035)
Cash Flows From Investing Activities    
Capitalized software costs (181,387) (118,292)
Net cash used in investing activities (181,387) (118,292)
Cash Flows From Financing Activities    
Net cash provided by financing activities
Net change in cash (959,205) (312,327)
Cash - beginning of period 2,317,761 724,296
Cash - at end of period 1,358,556 411,969
Noncash investing and financing activities    
Stock-based compensation capitalized as software costs 43,065 66,785
Change in prepaid equity issuance costs included in accounts payable $ 82,850