| Segment Reporting [Text Block] |
Note 17. Segment Reporting
Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”), who is the Chief Executive Officer, in deciding how to allocate resources to an individual segment and in assessing performance. The CODM reviews financial information for the purposes of making operating decisions, allocating resources, and evaluating financial performance of the business of the reportable operating segments, based on discrete financial information. The measures of segment profitability that are most relied upon by the CODM are gross revenues and net loss.
The Company operates in two reportable business segments: (1) Dominari Financial and (2) Legacy Aikido. The Dominari Financial reportable business segment represents the Company’s broker-dealer business, which is composed of mostly underwriting and transactional service activities. The Legacy Aikido reportable business segment includes Aikido Labs, which manages the investments holdings of the legacy entity. Prior to the FPS Acquisition, the Company operated as a single operating segment comprised of Legacy Aikido.
The CODM has access to and regularly reviews internal financial reporting for each business and uses that information to make operational decisions and allocate resources. Accounting policies applied by the reportable segments are the same as those used by the Company and described in the “Summary of Significant Accounting Policies”.
The measures of segment profitability that are most relied upon by the CODM are gross revenue and net income (loss), as presented within the table below and reconciled to the unaudited condensed consolidated statement of operations. Additionally, the CODM views the expenses listed below to be significant in their analysis.
| | Three Months Ended June 30, 2026 | |
| | Dominari | | | Legacy | | | | | |
| | Financial | | | Holding Co. | | | Consolidated | |
Revenue | | $ | 16,789 | | | $ | - | | | $ | 16,789 | |
Operating Costs | | | | | | | | | | | | |
Compensation and benefits | | | 12,457 | | | | 1,781 | | | | 14,238 | |
Professional and consulting fees | | | - | | | | 758 | | | | 758 | |
Other operating expenses | | | 1,837 | | | | 1,098 | | | | 2,935 | |
Total operating expenses | | | 14,294 | | | | 3,637 | | | | 17,931 | |
Income / (loss) from operations | | | 2,495 | | | | (3,637 | ) | | | (1,142 | ) |
| | | | | | | | | | | | |
Other (expenses) income | | | | | | | | | | | | |
Other income | | | - | | | | 63 | | | | 63 | |
Interest income | | | - | | | | 49 | | | | 49 | |
Loss on marketable securities | | | - | | | | (67 | ) | | | (67 | ) |
Change in fair value of investments | | | - | | | | (1,400 | ) | | | (1,400 | ) |
Total other expenses | | | - | | | | (1,355 | ) | | | (1,355 | ) |
Net income before income taxes | | | 2,495 | | | | (4,992 | ) | | | (2,497 | ) |
Provision for income taxes | | | - | | | | 2,354 | | | | 2,354 | |
Net (loss) income before non-controlling interest and deemed dividend | | $ | 2,495 | | | $ | (7,346 | ) | | $ | (4,851 | ) |
Net income attributable to non-controlling interests | | | - | | | | (128 | ) | | | (128 | ) |
Common stock deemed dividend - inducement | | | - | | | | (425 | ) | | | (425 | ) |
Net income (loss) attributable to stockholders | | | 2,495 | | | | (7,899 | ) | | | (5,404 | ) |
Total assets | | $ | 27,418 | | | $ | 29,994 | | | $ | 57,412 | |
| | Six Months Ended June 30, 2026 | |
| | Dominari | | | Legacy | | | | | |
| | Financial | | | Holding Co. | | | Consolidated | |
Revenue | | $ | 52,594 | | | $ | - | | | $ | 52,594 | |
Operating Costs | | | | | | | | | | | | |
Compensation and benefits | | | 36,482 | | | | 45,915 | | | | 82,397 | |
Professional and consulting fees | | | 1,678 | | | | 1,477 | | | | 3,155 | |
Other operating expenses | | | 3,596 | | | | 2,210 | | | | 5,806 | |
Total operating expenses | | | 41,756 | | | | 49,602 | | | | 91,358 | |
Income / (loss) from operations | | | 10,838 | | | | (49,602 | ) | | | (38,764 | ) |
| | | | | | | | | | | | |
Other (expenses) income | | | | | | | | | | | | |
Other income | | | - | | | | 171 | | | | 171 | |
Interest income | | | - | | | | 110 | | | | 110 | |
Loss on marketable securities | | | - | | | | (7,081 | ) | | | (7,081 | ) |
Change in fair value of investments | | | - | | | | (1,400 | ) | | | (1,400 | ) |
Total other expenses | | | - | | | | (8,200 | ) | | | (8,200 | ) |
Net income (loss) before income taxes | | | 10,838 | | | | (57,802 | ) | | | (46,964 | ) |
Provision for income taxes | | | - | | | | 15,223 | | | | 15,223 | |
Net (loss) income before non-controlling interest and deemed dividend | | | 10,838 | | | | (73,025 | ) | | | (62,187 | ) |
Non-controlling interests | | | - | | | | (150 | ) | | | (150 | ) |
Common stock deemed dividend - inducement | | | - | | | | (425 | ) | | | (425 | ) |
Net income (loss) attributable to stockholders | | $ | 10,838 | | | $ | (73,600 | ) | | $ | (62,762 | ) |
Total assets | | $ | 27,418 | | | $ | 29,994 | | | $ | 57,412 | |
| | Three Months Ended June 30, 2025 | |
| | Dominari | | | Legacy | | | | | |
| | Financial | | | Holding Co. | | | Consolidated | |
Revenue | | $ | 38,914 | | | $ | - | | | $ | 38,914 | |
| | | | | | | | | | | | |
Compensation and benefits | | | 29,657 | | | | 1,117 | | | $ | 30,774 | |
Professional and consulting fees | | | 1,684 | | | | 21,188 | | | | 22,872 | |
Other operating expenses | | | 339 | | | | (215 | ) | | | 124 | |
Income (loss) from operations | | | 7,234 | | | | (22,090 | ) | | | (14,856 | ) |
| | | | | | | | | | | | |
Other income | | | | | | | | | | | | |
Interest income | | | - | | | | 30 | | | $ | 30 | |
Gain on marketable securities | | | - | | | | 806 | | | | 806 | |
Change in carrying value of investments | | | - | | | | 31,680 | | | | 31,680 | |
Total other income | | | - | | | | 32,516 | | | | 32,516 | |
Net income before non-controlling interests | | | 7,234 | | | | 10,426 | | | | 17,660 | |
Non-controlling interests | | | - | | | | (1,050 | ) | | | (1,050 | ) |
Net income attributable to stockholders | | $ | 7,234 | | | $ | 9,376 | | | $ | 16,610 | |
| | | | | | | | | | | | |
Total assets | | $ | 46,026 | | | $ | 63,312 | | | $ | 109,338 | |
| | Six Months Ended June 30, 2025 | |
| | Dominari | | | Legacy | | | | | |
| | Financial | | | Holding Co. | | | Consolidated | |
Revenue | | $ | 46,283 | | | $ | - | | | $ | 46,283 | |
Operating Costs | | | | | | | | | | | | |
Compensation and benefits | | | 37,252 | | | | 29,923 | | | | 67,175 | |
Professional and consulting fees | | | 1,738 | | | | 21,963 | | | | 23,701 | |
Other operating expenses | | | 2,013 | | | | 1,133 | | | | 3,146 | |
Income (loss) from operations | | | 5,280 | | | | (53,019 | ) | | | (47,739 | ) |
| | | | | | | | | | | | |
Other income | | | | | | | | | | | | |
Interest income | | | - | | | | 51 | | | | 51 | |
Loss on marketable securities | | | - | | | | 639 | | | | 639 | |
Unrealized gain on note receivable | | | - | | | | 221 | | | | 221 | |
Change in fair value of investments | | | - | | | | 32,000 | | | | 32,000 | |
Total other income | | | - | | | | 32,911 | | | | 32,911 | |
Net income (/loss) before non-controlling interests | | | 5,280 | | | | (20,108 | ) | | | (14,828 | ) |
Non-controlling interests | | | - | | | | (1,050 | ) | | | (1,050 | ) |
Net income (loss) attributable to stockholders | | $ | 5,280 | | | $ | (21,158 | ) | | $ | (15,878 | ) |
| | | | | | | | | | | | |
Total assets | | $ | 46,026 | | | $ | 63,312 | | | $ | 109,338 | |
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