v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Potentially Anti-Dilutive Shares For the three and six months ended June 30, 2025, potentially anti-dilutive shares were 342,501.
   Three Months Ended   Six Months Ended 
   June 30,   June 30,   June 30,   June 30, 
   2026   2025   2026   2025 
Options to purchase common stock   183    266    183    266 
Warrants to purchase common stock   3,270,821    180,707    4,247,163    180,707 
Shares issuable upon conversion of Series A Convertible Preferred Stock   
-
    1    1    1 
Restricted Stock Units   
-
    161,527    330,972    161,527 
Potential equivalent shares excluded   3,271,004    342,501    4,578,319    342,501 

 

The following securities were included in the computation of diluted net earnings per share as their effect would have been dilutive for the three months ended June 30, 2026 and 2025:

 

   Three Months Ended 
   June 30,   June 30, 
   2026   2025 
Prefunded warrants   976,323    
          -
 
Shares issuable upon conversion of Series A Convertible Preferred Stock   1    
-
 
Incremental Restricted Stock Units   174,891    
-
 
Potential equivalent shares excluded   1,151,215    
-
 
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall:
   June 30, 2026 
Assets  Level 1   Level 2   Level 3   Total 
Digital Assets  $1,904,954   $
-
   $
-
   $1,904,954 
Total assets measured at fair value  $1,904,954   $
-
   $
-
   $1,904,954 

 

   June 30, 2026 
Assets  Level 1   Level 2   Level 3   Total 
Warrant liability  $
-
   $
-
   $555,306   $555,306 
Total liabilities measured at fair value  $
-
   $
-
   $555,306   $555,306