v3.26.1
Management's Liquidity Plans (Details) - USD ($)
3 Months Ended 6 Months Ended
May 13, 2026
May 07, 2026
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Management's Liquidity Plans                  
Cash and cash equivalents     $ 9,637,216       $ 9,637,216   $ 6,310,878
Working capital     7,400,000       7,400,000    
Net income (loss)     $ 30,950,963 $ 8,840,550 $ (8,690,919) $ (3,483,533) 39,791,513 $ (12,174,452)  
Cash used in operating activities             $ 7,093,987 $ 7,889,797  
Common stock, shares issued     15,299,832       15,299,832   8,762,329
Digital assets     $ 74,119,231       $ 74,119,231   $ 16,345,347
May 2026 public equity issuance                  
Management's Liquidity Plans                  
Number of common shares issued 132,249 2,777,778              
Net proceeds from At-the-Market Offering Program $ 400,000 $ 8,900,000              
Common stock, shares issued 132,249                
Proceeds from Issuance of Common Stock $ 400,000                
Kinetiq and Pier Two                  
Management's Liquidity Plans                  
Digital assets     7,100,000       $ 7,100,000    
Temporary use agreement, threshold notice of nonrenewal             90 days    
HYPE digital assets                  
Management's Liquidity Plans                  
Digital assets     74,119,231       $ 74,119,231    
Number of days in unstaking que             7 days    
HYPE LSTs                  
Management's Liquidity Plans                  
Digital assets     $ 25,300,000       $ 25,300,000    
Number of days in unstaking que             7 days