v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting

Note 14 - Segment Reporting

 

The Company has two reportable segments: (i) the toy business consisting of design, development and manufacture (through third parties) of toys and souvenir items and (ii) digital assets, consisting of investing for growth in the appreciation of the asset and staking the tokens to produce income to the Company.

 

Gross profit (loss) is the segment performance measure the chief operating decision maker (“CODM”) (our CEO, Richard Miller) uses to assess the Company’s reportable segments.

 

The toys and souvenir items (“Products”) generate revenue from the sale of the Products to theme parks and entertainment venues and direct sales through Amazon and other direct channels. Cost of revenue consists primarily of direct manufacturing costs and freight and shipping.

 

The digital assets have nominal costs associated with revenue generated through staking.

 

The following table presents segment revenue and segment gross profit for the three and six Months ended June 30, 2026 and 2025 reviewed by the CODM:

 

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
                 
Revenue from Toy sales  $   1,568,626   $  1,342,929   $   2,753,301   $ 2,432,563 
Cost of sales    1,277,979     1,050,726     2,144,413     1,873,825 
Gross profit    290,647     292,203     608,888    558,738 
                     
Income from digital assets                    
Unrealized gain on digital assets    444,149    2,154,071    21,105,331    2,154,071 
Unrealized income from staking activities    3,348,398    44,769     6,332,428     44,769 
Realized gain from TRX to sTRX conversion   

318,996

    -    318,996    - 
Total income from digital assets    4,111,543     2,198,840    27,756,755     2,198,840 
                     
Operating (expenses)    (826,423)    (1,036,406)    (1,741,335)    (1,950,316) 
Net interest income    55,696     13,218     125,373     14,007 
Net income before taxes    3,631,463     1,467,855     26,749,681    821,269 
Deferred income tax    763,607    -     2,253,384     - 
Net income  $2,867,856   $1,467,855   $ 24,496,297   $821,269 

 

Assets and liabilities are not separately analyzed or reported to the CODM and are not used to assist in decisions surrounding resource allocation and assessment of segment performance. As such, an analysis of segment assets and liabilities has not been included in this financial information.