v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 2,389,423 $ 10,644
Accounts receivable, net 3,527,709
Deferred contract costs 3,715,500
Prepaid expenses and other current assets 482,740
Current assets of discontinued operations 207,708
Total current assets 10,323,080 10,644
Non-current assets:    
Operating lease right-of-use assets 293,001 321,303
Goodwill 122,778,022
Intangible assets, net 132,590,514
Total non-current assets 255,661,537 321,303
Total assets 265,984,617 331,947
Current liabilities:    
Accounts payable 7,549,284 2,323,626
Accounts payable - related party 324,849
Contract liabilities 3,378,745
Accrued expenses 681,020 590,838
Due to seller 5,000,000
Contingent consideration 10,630,251
Derivative liability 2,072,697
Notes payable, current 2,887,788
Operating lease liabilities, current 194,494 222,870
Current liabilities of discontinued operations 39,694,407 42,244,767
Total current liabilities 73,966,147 45,382,101
Non-current liabilities    
Operating lease liabilities, long-term 115,079 115,080
Total non-current liabilities 115,079 115,080
Total liabilities 74,081,226 45,497,181
Commitments and contingencies
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; 3,000,000 shares authorized; 2,720 and 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025 respectively 3
Common stock, $0.001 par value 200,000,000 shares authorized; 53,926,755 issued and 53,868,762 outstanding as of June 30, 2026, and 710,025 issued and 652,032 outstanding as of December 31, 2025 53,927 711
Additional paid-in capital 273,218,912 91,746,837
Treasury shares, cost basis: 57,993 shares as of June 30, 2026 and December 31, 2025 (12,045,542) (12,045,542)
Non-controlling interests 66,717,314
Accumulated deficit (136,041,223) (124,867,240)
Total stockholders’ equity (deficit) 191,903,391 (45,165,234)
Total liabilities and stockholders’ equity (deficit) 265,984,617 331,947
Related Party    
Current liabilities:    
Due to related party $ 1,552,612