v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net (loss) $ (6,683,608) $ (4,163,376)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 242,451 32,442
Amortization of operating lease right-of-use assets 156,128 151,201
Employee stock compensation 367,463 118,444
Stock compensation issued for advisory service   18,833
Deferred tax liabilities   38,360
Change in fair value of warrants 10,350 1,540,424
Change in fair value of crypto assets 3,389,376 (182,665)
Change in fair value of convertible debt 1,325,102 260,630
Stock issued for waiving contractual restiction   66,500
Staking rewards (91,998) (6,548)
Changes in operating assets and liabilities:    
Due from related parties 28,710 4,446
Prepayments and other current assets (10,365) 12,072
Deposit 5,000 (5,000)
Accounts payable (21,973) 1,513,002
Interest Payable   50,630
Deferred revenues (170,791) (240,112)
Operating lease liabilities (28,081) (154,885)
Due to related parties (27,082) (53,183)
Accrued liabilities and other payables 57,670 374,008
Net cash (used in) operating activities (1,451,648) (624,777)
Cash flows from investing activities:    
Purchases of property and equipment (32,583) 0
Purchases of crypto assets (16,000) (1,050,000)
Sales of crypto assets 4,001,610  
Purchases of intangible assets   (1,250,000)
Net cash (used in) investing activities 3,953,027 (2,300,000)
Cash flows from financing activities:    
Proceeds from convertible notes payable 600,000 3,089,400
Capital contribution from private placement 3,032,905 4,700,000
Proceeds from the reverse recapitalization 0 1,077,752
Repurchase of treasury stock (3,518)  
Repayment of promissory notes to related party 0 (332,485)
Proceeds from promissory notes related party 0 318,000
Net cash provided by financing activities 3,629,387 8,852,667
Net (decrease) increase in cash, cash equivalents and restricted cash 6,130,766 5,927,890
Cash, cash equivalents and restricted cash, beginning of period 2,751,594 50,682
Cash, cash equivalents and restricted cash, end of period 8,882,360 5,978,572
Cash paid during the period for:    
Interest 0 0
Income taxes 0 0
Noncash activities:    
Issurance of common stock for warrants excise 0 4,525,398
Purchase of crypto assets through convertible debt   7,503,600
Common stock issued for liability payment   430,000
Conversion of convertible debt to common stock 9,459,435 1,769,072
Conversion of preferred stock to common stock $ 100 $ 42