v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:        
General and administrative $ 37,269      
Loss from operations (37,269)      
Other income (expense):        
Net loss (37,269)      
HZO, Inc. and Subsidiaries        
Total Net Sales 1,526,534 $ 1,069,937 $ 4,842,186 $ 5,342,826
Cost of revenue 1,653,581 1,300,732 6,378,786 5,577,137
Gross Loss (127,047) (230,795) (1,536,600) (234,311)
Operating expenses:        
Sales and marketing 360,273 582,844 2,023,320 2,613,246
Research and development 200,954 274,746 1,006,578 1,021,307
General and administrative 2,080,213 2,205,663 8,705,555 8,456,703
Goodwill impairment 0 0 0 10,214,116
Total Operating Expenses 2,641,440 3,063,253 11,735,453 22,305,372
Loss from operations (2,768,487) (3,294,048) (13,272,053) (22,539,683)
Other income (expense):        
Interest expense (1,663,166) (270,605) (437,970) (391,504)
Foreign currency gain (loss) 230,007 138,020 1,343,602 (788,287)
Other income (expense), net 1,091 (3,069,575) (3,502,140) 992,416
Total other income (22,529,068) (3,337,160) (2,596,508) (187,375)
Total (25,297,555) (6,631,208) (15,868,561) (22,727,058)
Provision (benefit) for income taxes 40,727 (254,495) (240,355) (635,631)
Net loss (25,338,282) (6,376,713) (15,628,206) (22,091,427)
Other comprehensive income        
Foreign currency translation adjustment (212,604) (110,026) (1,317,000) 690,540
Comprehensive loss $ (25,550,886) $ (6,486,739) $ (16,945,206) $ (21,400,887)