v3.26.1
Convertible Preferred Stock (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
HZO, Inc. and Subsidiaries    
Convertible Preferred Stock    
Schedule of preferred stock series, including the liquidation preference

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Original

  ​ ​ ​

Liquidation 

  ​ ​ ​

Preferred

Designated 

Outstanding 

Issue Price

Multiple on 

Liquidation 

Stock Series

Shares

Shares

(“OIP”)

OIP

Preference

Series 2

17,391,304,345

10,932,485,432

$

0.00069

2X

$

15,086,830

Series 2-A

 

17,391,304,345

 

3,026,640,546

$

0.00069

 

2X

$

4,176,764

Series 2-B

 

6,027,707,347

 

6,027,707,347

$

0.00049

 

2X

$

5,907,153

Series 2-C

 

4,059,267,542

 

4,059,267,542

$

0.00049

 

4X

$

7,956,164

Series 1

 

820,703,632

 

710,802,353

$

0.02168

 

1.5X

$

23,115,293

Series 1-A

 

3,396,504,542

 

3,257,660,800

$

0.00826

 

1.5X

$

40,362,417

Original

Liquidation

Designated

Outstanding 

Issue Price 

Multiple on

Liquidation 

Preferred Stock Series

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

(“OIP”)

  ​ ​ ​

OIP

  ​ ​ ​

Preference

Series 2

 

17,391,304,345

 

10,932,485,432

$

0.00069

 

2X

$

15,086,830

Series 2-A

 

17,391,304,345

 

3,026,640,546

$

0.00069

 

2X

$

4,176,764

Series 2-B

 

6,027,707,347

 

6,027,707,347

$

0.00049

 

2X

$

5,907,153

Series 2-C

 

4,059,267,542

 

4,059,267,542

$

0.00049

 

4X

$

7,956,164

Series 1

 

820,703,632

 

710,802,353

$

0.02168

 

1.5X

$

23,115,293

Series 1-A

 

3,396,504,542

 

3,257,660,800

$

0.00826

 

1.5X

$

40,362,417