v3.26.1
DISCONTINUED OPERATIONS (Tables)
 3 Months Ended
Mar. 31, 2026
Securitize, Inc. and Subsidiaries  
Disposal Group, Including Discontinued Operations [Line Items]  
Schedule of Disposal Groups, Including Discontinued Operations
The following depicts the results of operations for the discontinued operations of the Company for the periods presented:
Three Months
Ended March 31,
2025
Revenue$10,637 
Operating costs and expenses:
Selling, general & administrative117,779 
Compensation and benefits464,753 
Total operating costs and expenses582,532 
Loss from operations(571,895)
Other expense:
Other expense, net(11,444)
Total other expense, net(11,444)
Net loss$(583,339)
The following table provides a reconciliation of the carrying amounts of major classes of assets and liabilities classified as discontinued operations, respectively, to the amounts presented in the Company’s consolidated balance sheets.
December 31, 2024
Goodwill
$5,995,793 
Intangible assets, net
992,444 
Prepaid expenses and other current assets
951,922 
Cash and cash equivalents
175,233 
Accounts receivable, net
56,666 
Assets of discontinued operations
$8,172,058 
The following depicts the results of operations for the discontinued operations of the Company for the periods presented:
For the Year Ended
December 31,
20252024
Revenue
$100,992 $122,873 
Operating costs and expenses:
Selling, general & administrative
395,817 626,287 
Compensation and benefits
1,555,595 2,379,529 
Provision for expected credit losses
44,796 — 
Impairment of goodwill
4,122,926 3,000,000 
Total operating costs and expenses
6,119,134 6,005,816 
Loss from operations
(6,018,142)(5,882,943)
Other income (expense):
Other income (expense), net
(68,420)21,810 
Total other income (expense), net
(68,420)21,810 
Net loss
$(6,086,562)$(5,861,133)