v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities    
Net Loss $ (6,642,673) $ (6,768,323)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 602 602
Non-cash lease expense for right-of-use assets 46,359
Unrealized loss on digital assets at fair value 828,172
Realized loss on sale of digital assets 159,005
Stock-based compensation 188,068 430,962
Net changes in operating assets and liabilities:    
Prepaid expenses and other (270,404) 745,834
Operating lease liability (45,073)
Accounts payable 602,642 (95,126)
Accrued expenses (451,992) 684,512
Net cash used in operating activities (5,586,580) (5,000,253)
Cash Flows From Investing Activities    
Purchase of digital assets (500,000)
Cash received from sale of digital assets 186,000
Net cash used in investing activities (314,000)
Cash Flows From Financing Activities    
Net proceeds from issuance of common stock 560,270 10,758,802
Shares withheld to pay taxes on stock-based compensation (320) (10,404)
Payment of finance lease obligation (2,850)
Net cash provided by financing activities 559,950 10,745,548
Net (Decrease) Increase in Cash and Cash Equivalents (5,340,630) 5,745,295
Cash and Cash Equivalents - Beginning of Period 5,536,955 1,191,325
Cash and Cash Equivalents - End of Period 196,325 6,936,620
Supplemental Cash Flow Information:    
Cash paid for interest 10,325 1,880
Cash paid for income taxes