v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,479,946) $ (2,235,730)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization expense 5,875 5,565
Amortization of prepaid stock-based professional fees 89,212
Net realized gain on short-term debt investments (857) (3,911)
Unrealized gain on short-term tokenized investment funds (2,901)
Staking income on crypto assets (1,338)
Realized loss on crypto assets 2,073
Unrealized loss on crypto assets, at fair value 89,143
Impairment loss on crypto assets, at cost 29,911
Stock-based compensation 95,793 17,445
Common stock issued for acquired technology expensed 714,000
Gain on settlement of accounts payable and accrued expenses (91,645)
Change in operating assets and liabilities:    
Prepaid expenses and other current assets 88,477 (79,186)
Accounts payable and accrued expenses (124,255) (593,700)
Deferred revenue (18,026) (36,051)
NET CASH USED IN OPERATING ACTIVITIES (1,604,484) (2,925,568)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of short-term debt investments 202,279 1,315,653
Purchases of short-term debt investments (37,601) (56,170)
Proceeds from the sale of crypto assets, at fair value 45,188
Purchases of crypto assets, at fair value (49,990)
NET CASH PROVIDED BY INVESTING ACTIVITIES 159,876 1,259,483
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net proceeds from sale of common stock and pre-funded warrants 1,593,897
Proceeds from exercise of warrants 500,061
Payment of deferred offering costs (26,997)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (26,997) 2,093,958
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,471,605) 427,873
CASH AND CASH EQUIVALENTS - beginning of the period 4,748,700 3,905,799
CASH AND CASH EQUIVALENTS - end of the period 3,277,095 4,333,672
Cash paid during the period for:    
Interest 6,238 3,714
Income taxes
Non-cash investing and financing activities:    
Receipt of crypto assets, at fair value for redemption of crypto assets, at cost 66,600
Issuance of common stock in exchange for prepaid services 250,000
Unrealized gain on short-term debt investments 1,002 7,145
Reclassification of deferred revenue to contingently returnable sublicense fee 703,552
Decrease in intangible assets and accounts payable and accrued expenses $ 12,400