v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss from continuing operations $ (10,382,069) $ (618,901)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,440,486
Stock-based compensation expense 554,290
Amortization of the right-of-use 28,302
Loss on issuance of derivatives 1,663,348
Amortization debt discount 792,162
Change in fair value of derivative liabilities (2,429,175)
Changes in operating assets and liabilities:    
Accounts receivable and contract receivables (505,184)
Deferred contract costs (3,715,500)
Prepaid expenses and other assets (92,134)
Accounts payable, contract liabilities, and accrued expenses 5,131,162
Operating lease liability, net (28,377)
Net cash provided by (used in) operating activities of continuing operations (3,542,689) (618,901)
Net cash (used in) provided by operating activities of discontinued operations 467,144 3,246,803
Net cash used in operating activities (3,075,545) 2,627,902
Cash flows from investing activities:    
Cash paid for acquisition (200,000)
Cash acquired in merger and acquisition 144,231
Net cash used in investing activities of continuing operations (55,769)
Net cash provided by investing activities of discontinued operations 9,881
Net cash (used in) provided by investing activities (55,769) 9,881
Cash flows from financing activities:    
Proceeds from promissory notes 4,960,250
Proceeds from related parties 282,272
Proceeds from sale of common stock 267,571
Net cash (used in) provided by financing activities of continuing operations 5,510,093
Net cash used in financing activities of discontinued operations (2,735,584)
Net cash (used in) provided by financing activities 5,510,093 (2,735,584)
Net change in cash 2,378,779 (97,801)
Cash at beginning of period 10,644 819,050
Cash at end of period 2,389,423 721,249
Supplemental disclosure of cash flow information:    
Cash paid for interest 361,554
Cash paid for income taxes
Supplemental disclosure of non-cash investing and financing activities:    
Termination of operating lease 767,884
Prepaid expenses financed by notes payable 282,320
Debt discount 50,000
Assets acquired pursuant to business combination 141,388,362
Liabilities assumed pursuant to business combination 5,158,612
Loss on settlement 4,177,333
Non-controlling interest recognized in connection with IPG acquisition 66,877,521
Issuance of common stock in connection with promissory note $ 26,100