v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,878,823 $ 2,751,594
Restricted cash 3,003,537  
Prepayments and other current assets 20,494 10,129
Due from related parties 16,783 45,493
Total current assets 8,919,637 2,807,216
Noncurrent assets:    
Property and equipment, net 156,740 154,713
Intangible assets, net 3,814,105 4,026,000
Operating lease right-of-use assets, net 1,090,638 1,246,766
Investment accounts-restricted 0 7,084,194
Investment accounts-unrestricted 21,772 220,566
Deposit 0 5,000
Total noncurrent assets 5,083,255 12,737,239
TOTAL ASSETS 14,002,892 15,544,455
Current liabilities:    
Accounts payable 124,015 145,987
Deferred revenues 1,700,931 1,871,722
Due to related parties 36,234 63,316
Operating lease liabilities - current 339,760 195,353
Accrued liabilities and other payables 93,847 36,178
Total current liabilities 2,294,787 2,312,556
Noncurrent liabilities:    
Convertible notes payable 667,413 8,201,746
Operating lease liabilities - noncurrent 873,653 1,046,141
Deferred tax liabilities 0 0
Warrant liabilities 217,350 207,000
Total noncurrent liabilities 1,758,416 9,454,887
TOTAL LIABILITIES 4,053,203 11,767,443
Commitments and contingencies 0 0
Stockholders' equity:    
Treasury stock, 2,000 shares at cost 3,518 0
Additional paid-in capital 28,281,109 15,421,542
Accumulated deficit (18,328,197) (11,644,589)
Total stockholders' equity 9,949,689 3,777,012
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 14,002,892 15,544,455
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, 52 52
Series C Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, 0 0
Class A Common [Member]    
Stockholders' equity:    
Class A Common Stock, $0.0001 par value, 100,000 shares authorized, 13,070 shares issued and outstanding as of June 30, 2026 and December 31, 2025* 1 1
Class B Common [Member]    
Stockholders' equity:    
Class A Common Stock, $0.0001 par value, 100,000 shares authorized, 13,070 shares issued and outstanding as of June 30, 2026 and December 31, 2025* 241 5
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, $ 1 $ 1