v3.26.1
Condensed Consolidated Statements of Net Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue $ 3,214,992 $ 2,682 $ 3,250,303 $ 112,992
Gains (losses) on digital assets (13,125,352) 0 (17,421,620) 0
Operating costs and expenses:        
Cost of revenues 3,013,339 18,221 3,016,195 63,339
General and administrative 2,735,922 1,875,655 5,644,958 3,703,855
Research and development 492,227 499,715 1,039,672 1,020,121
Sales and marketing 1,176,162 268,959 1,184,549 272,592
Total operating costs and expenses 7,417,650 2,662,550 10,885,374 5,059,907
Total operating (loss) (17,328,010) (2,659,868) (25,056,691) (4,946,915)
Other income 124,220 682,424 144,848 685,852
Other expense (2,092) (1,451) (2,982) (3,248)
Loss from continuing operations (17,205,882) (1,978,896) (24,914,825) (4,264,311)
Loss from discontinued operations 0 (91,567) 0 (249,024)
Net (loss) $ (17,205,882) $ (2,070,462) $ (24,914,825) $ (4,513,335)
Loss from continuing operations (in dollars per share) $ (0.87) $ (0.22) $ (1.45) $ (0.52)
Loss from discontinued operations (in dollars per share) 0 (0.01) 0 (0.03)
Net (loss) per common share, basic and diluted (in dollars per share) $ (0.87) $ (0.23) $ (1.45) $ (0.55)
Weighted average shares used in computation – basic and diluted (in shares) 19,685,811 9,108,984 17,167,696 8,136,008