v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Service revenues $ 481,831 $ 725,648 $ 1,001,029 $ 1,541,664
Total revenues 481,831 725,648 1,001,029 1,541,664
Cost of revenues:        
Cost of revenues 270,109 402,930 528,409 813,580
Total cost of revenues 270,109 402,930 528,409 813,580
Gross profit 211,722 322,718 472,620 728,084
Operating expenses:        
Selling and marketing 54,526 110,085 99,547 231,512
General and administrative 1,267,947 1,889,175 2,364,103 2,462,714
Research and development 37,555 22,491 52,091 28,798
Total operating expenses 1,360,028 2,021,751 2,515,741 2,723,024
(Loss) from operations (1,148,306) (1,699,033) (2,043,121) (1,994,940)
Other income (expense)        
Change in fair value of warrants 67,275 (1,540,424) (10,350) (1,540,424)
Change in fair value of crypto assets (944,706) 182,665 (3,389,376) 182,665
Change in fair value of convertible debt (464,471) (260,630) (1,325,102) (260,630)
Financing cost 0 473,500   473,500
Staking rewards 7,318 6,548 91,998 6,548
Interest and other expense (13,184) (43,435) (7,657) (44,735)
Total other (expense) (1,347,768) (2,128,776) (4,640,487) (2,130,076)
(Loss) before provision for income taxes (2,496,074) (3,827,809) (6,683,608) (4,125,016)
Provision for income taxes 0 38,360 0 38,360
Net (loss) $ (2,496,074) $ (3,866,169) $ (6,683,608) $ (4,163,376)
Class A Common [Member]        
Other income (expense)        
Weighted average shares outstanding-Class A Common Stock* 13,070 13,070 13,070 13,070
Basic and diluted net income per share-Class A Common Stock* $ (2.00) $ (4.00) $ (7.00) $ (4.00)
Class B Common [Member]        
Other income (expense)        
Weighted average shares outstanding-Class A Common Stock* 893,170 32,982 486,497 27,625
Basic and diluted net income per share-Class A Common Stock* $ (2.00) $ (4.00) $ (7.00) $ (4.00)