v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (2,457,444) $ (2,847,830)
Less: Net loss from discontinued operations (322,059) (1,362,648)
Net loss from continuing operations (2,135,385) (1,485,182)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for doubtful accounts 40,795
Depreciation of property and equipment 2,241 127,198
Exchange gains and losses 325 1,012
Loss/(gain) from market price of short-term investment (19,119) (3,474)
Loss on market price of stablecoins and digital assets 388,967 82,423
Gain/loss on share-based payment liability 73,500
Interest income from short-term investment and providing loans (87,476) (114,249)
Interest cost of convertible note and borrowing Filecoins 103,767
Share-based compensation 1,044,202 293,322
Non-cash revenue or gain (246,249)
Non-cash expenses 11,667
Changes in operating assets and liabilities, net of effect of acquisitions:    
Clearing deposit 42,471 (100,445)
Accounts receivable 119,831 (118,876)
Other receivables 1,509,409 202,703
Prepaid expenses and other current assets (44,621) (172,081)
Right-of-use assets 160,464 158,887
Deferred tax assets (136,488) (154,096)
Accounts payable 215,991
Advance from customers and deferred revenues (83,717) 285,307
Other payables 44,137 258,740
Accrued expenses and other current liabilities (412,441) (282,926)
Lease liabilities (101,541) (187,281)
Net cash provided by / (used in) operating activities in continuing operations 313,463 (1,031,751)
Net cash used in operating activities in discontinued operations (214,835) (297,187)
Net cash provided by/ (used in) operating activities 98,628 (1,328,938)
Cash flows from investing activities:    
Cash from receiving short-term investment interest and dividends 4,914 301
Cash from selling short-term investments 154,871
Cash from selling cryptocurrencies 2,891,714
Payments for purchasing digital assets (125,828)
Payments for purchasing property and equipment (11,336)
Cash paid for short-term investments (9,698,900) (1,094,896)
Net cash (used in)/provided by investing activities in continuing operations (6,784,565) (1,094,595)
Net cash provided by investing activities in discontinued operations
Net cash (used in)/provided by investing activities (6,784,565) (1,094,595)
Cash flows from financing activities:    
Issuance of ordinary shares 3,839,040 8,041,900
Convertible notes (4,000,000)
Financing costs (375,000)
Net cash provided by financing activities in continuing operations 3,839,040 3,666,900
Net cash provided by financing activities in discontinued operations
Net cash provided by financing activities 3,839,040 3,666,900
Effect of exchange rate changes by continuing operations 210 53
Effect of exchange rate changes by discontinued operations
Effect of exchange rate changes 210 53
(Decrease)/increase in cash and cash equivalents (2,846,687) 1,243,420
Cash and cash equivalents, beginning of the period 33,820,069 24,009,331
Cash and cash equivalents of continuing operations, end of the period 30,973,382 25,252,751
Cash and cash equivalents of discontinued operations, end of the period
Cash and cash equivalents, end of the period $ 30,973,382 $ 25,252,751