v3.26.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities:              
Net Income (loss) $ 2,867,856 $ 21,628,441 $ 1,467,855 $ (646,586) $ 24,496,297 $ 821,269  
Adjustment to reconcile net loss to operating activities              
Unrealized gain on digital asset investment (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 on digital assets (318,996)     (318,996)  
Common stock issued for services         28,145  
Fair value of Officer, Director and Employee options         460,821  
Depreciation and amortization         39,200 142,643  
Changes in operating assets and liabilities:              
Accounts receivable         (376,216) 157,145  
Inventory         225,304 51,866  
Prepaid expenses         65,333 170,077  
Accounts payable         10,317 159,948  
Accrued expenses         114,444 117,153  
Other assets         (31,070) (75,880)  
Deferred tax liability         2,253,384  
Net cash provided by (used in) operating activities         (959,762) (165,653)  
Cash flows from investing activities          
Financing activities:              
Private placement         4,592,344  
Payment on promissory note         (500,000)  
Expenses related to sale of preferred stock         (325,000)  
Exercise of pre-funded warrants         71 $ 696,007
Exercise of stock options         344,007  
Cash (used in) financing activities         4,111,422  
Net increase (decrease) in cash and cash equivalents         (959,762) 3,945,769  
Cash and cash equivalents at the beginning of the period   $ 10,455,360   $ 1,352,373 10,455,360 1,352,373 1,352,373
Cash and cash equivalents at the end of the period $ 9,495,598   $ 5,298,142   9,495,598 5,298,142 $ 10,455,360
SUPPLEMENTAL CASH FLOW INFORMATION:              
Cash paid for interest          
Cash paid for income taxes          
NON CASH INFORMATION              
Stock issued for Gameverse shares         190,500  
Stock issued from Stock Payable – prefunded warrants         452,748  
Waiver of accrued interest on related party note         41,877  
Stock issued from Stock Payable         18,000,000 16,250  
Cashless exercise of warrants         2  
Fair value of preferred shares issued for digital assets         100,000,000  
TRX Tokens purchased with stablecoins         7,950,000  
Conversion of Series B Preferred Stock into common stock, a related party         $ 20,000