v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]        
Net loss $ 159,944 $ (1,225,912) $ (1,151,489) $ (2,262,242)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization     17,648 23,142
Stock compensation expense     1,116,355 171,809
Amortization of right of use assets     61,232 55,231
Digital asset staking compensation (9,700) (20,760)
Unrealized gain on change in fair value of digital assets (1,290,892) (2,029,068)
Realized gain on change in fair value of digital assets (409,355)   (530,940)  
Changes in fair value of warrant liability 66,702 (62,112) 75,559 (470,674)
Receivable related to employee equity awards     (72,981)  
Changes in operating assets and liabilities:        
Decrease/(increase) in prepaid expenses     523,957 159,873
Increase/(decrease) in accounts payable and accrued liabilities     26,355 (59,871)
Increase/(decrease) in lease liability     (63,078) (24,112)
Net cash used in operating activities     (2,047,210) (2,406,844)
Purchases of fixed assets     (18,670) (17,280)
Sale of Digital Assets     2,685,775
Net cash provided by (used in) investing activities     2,667,105 (17,280)
Cash Flows from Financing Activities        
Proceeds from issuance of common stock for cash - ATM     357,684 1,003,218
Proceeds from issuance of common stock for cash – Private fundraising     3,800,002  
Net cash provided by financing activities     4,157,686 1,003,218
Net increase (decrease) in cash     4,777,581 (1,420,906)
Cash cash equivalents, and restricted cash, beginning of period     762,365 3,229,480
Cash and cash equivalents 1,739,943 1,808,574 1,739,943 1,808,574
Restricted cash 3,800,003   3,800,003  
Cash, cash equivalents, and restricted cash, end of period $ 5,539,946 $ 1,808,574 $ 5,539,946 $ 1,808,574