v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Total revenue $ 1,495,859 $ 1,495,859
Operating expenses        
Research and development 123,638 215,087
General and administrative 2,698,013 1,304,956 37,919,194 3,257,555
Total operating expenses 2,698,013 1,428,594 37,919,194 3,472,642
Loss from operations (1,202,154) (1,428,594) (36,423,335) (3,472,642)
Other income (expense)        
Interest expense (6,161) (14,632)
Interest income 311,848 2,168 630,026 15,604
Unrealized loss from digital assets holdings (23,735,950) (38,749,254)
Total other income (expense), net (23,424,102) (3,993) (38,119,228) 972
Total loss before income taxes (24,626,256) (1,432,587) (74,542,563) (3,471,670)
Provision (benefit) for income taxes (6,672,175) (10,892,415)
Net loss from continuing operations (17,954,081) (1,432,587) (63,650,148) (3,471,670)
Net loss from discontinued operations (1,300,745) (422,566) (2,947,875) (925,187)
Net loss $ (19,254,826) $ (1,855,153) $ (66,598,023) $ (4,396,857)
Net loss per share:        
Continuing operations - basic $ (0.08) $ (0.50) $ (0.30) $ (1.27)
Continuing operations - diluted (0.08) (0.50) (0.30) (1.27)
Discontinued operations - basic (0.01) (0.15) (0.01) (0.34)
Discontinued operations - diluted $ (0.01) $ (0.15) $ (0.01) $ (0.34)
Weighted average number of common shares outstanding:        
Basic 216,864,938 2,877,327 212,310,722 2,725,863
Diluted 216,864,938 2,877,327 212,310,722 2,725,863
Network Validation Revenue [Member]        
Revenue        
Total revenue $ 191,226 $ 191,226
Other Revenue [Member]        
Revenue        
Total revenue $ 1,304,633 $ 1,304,633