Note 2 - Liquidity |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Substantial Doubt about Going Concern [Text Block] |
As of June 30, 2026, the Company had $735,000 in cash and cash equivalents, $4,709,000 in digital assets, and working capital of $4,432,000. For the six months ended June 30, 2026, the Company recorded a net loss of $1,593,000, used net cash of $334,000 in investing activities, and used net cash of $1,189,000 in operating activities.
The Company believes its existing cash and cash equivalents, and the fair value of its TAO tokens (if converted to cash), will be sufficient to fund the Company's operations and meet the Company's working capital requirements for at least the next twelve months from the date of this Report. |