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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flow from operating activities:    
Net loss $ (128,437,982) $ (6,360,327)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on digital asset 106,267,263 0
Stock-based compensation 1,797,041 1,100,670
Loss on change in fair value of financial liabilities 41,900 34,810
Loss on write down of inventory 84,011 73,824
Loss on write off of intangible asset 27,195 0
Write-off of unamortized issuance costs on repayment of term loan 68,142 0
Bad debt expense 2,146,476 9,294
Non-cash interest expense/(income), net 13,603 (7,083)
Amortization of right-of-use assets 211,676 209,645
Depreciation and amortization 27,153 160,503
Changes in operating assets and liabilities:    
Accounts receivables (1,884,362) (120,878)
Inventory and inventory deposits (71,889) (219,846)
Prepaid expenses, other current and long-term assets 1,558,796 (11,389)
Accounts payable 2,828 (193,894)
Related party payable 7,828,001 0
Accrued liabilities and vendor settlements 148,657 (1,496,856)
Right-of-use liabilities - operating leases (222,299) (215,423)
Other current liabilities (1,965) (193,974)
Net cash used in operating activities (10,395,755) (7,230,924)
Cash flow from investing activities:    
Investment in EMHU LLC (2,900,000) 0
Purchase of property and equipment (23,746) (204,927)
Proceeds from sale of digital assets 80,064,079 0
Purchase of certificate of deposit 0 (2,000,000)
Proceeds from maturity of certificate of deposit 2,092,397 0
Net cash provided by (used in) investing activities 79,232,730 (2,204,927)
Cash flow from financing activities:    
Repayment of term loan (50,000,000) 0
Payment on credit facility (10,000,000) 0
Proceeds from borrowings on credit facility 15,000,000 0
Proceeds from issuance of common stock units and pre-funded warrant units from March 2026 offering, net of issuance costs of $212,322 24,787,679 0
Proceeds from issuance of common stock from pre-funded warrant exercises 40 0
Repurchase of common stock (53,970,420) (510,907)
Proceeds from issuance of common stock units and pre-funded warrant units from February 2025 public offering, net of issuance costs of $1,296,118 0 10,703,882
Proceeds from the issuance of common stock issued from the At the Market Offering, net of issuance costs of $320,867 0 8,846,761
Repayments on notes payable (28,532) (3,489)
Repurchase of fractional shares 0 (941)
Net cash (used in) provided by financing activities (74,211,233) 19,035,306
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (5,374,258) 9,599,455
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 9,068,856 2,298,573
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 3,694,598 11,898,028
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,085,128 162,581
Cash paid for income taxes 0 0
Non-cash transactions    
Issuance of common stock for exercise of pre-funded warrants 3 2
Transfer of inventory to property & equipment 0 317,259
Recognition of right of use asset and liability - operating lease 26,874 0
Transfer of digital assets from lender for repayment of loans outstanding 142,699,201 0
Transfer of digital assets from lender for reduction in collateral requirement 38,529,097 0
Transfer of digital assets to lender for margin call 30,563,705 0
Transfer of digital assets to lender for collateral for borrowings $ 87,355,553 $ 0