v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 1,570,517 $ 824,962
Accounts receivable, net 4,043,745 2,317,514
Due from related parties 0 1,389,996
Inventory, net 11,208,045 10,873,408
Interest receivable 68,112 68,112
Prepaid expenses and other current assets 883,809 178,205
Total current assets 17,774,228 15,652,197
Non-Current Assets    
Property and equipment, net 5,044 12,369
Intangible assets, net 1,829,895 2,202,579
Goodwill 2,972,280 2,972,280
Securities pledged as collateral, at fair value 0 3,347,564
Investments at fair value 3,347,564 0
Investments at cost 406,000 823,746
Related-party investment 1,888,331 0
Deposits 16,640 14,015
Total assets 28,239,982 25,024,750
Current liabilities    
Accounts payable 9,619,480 8,257,052
Accrued expenses 4,480,307 4,306,428
Secured credit facility, current 3,788,522 3,277,034
Loans payable, current 1,166,998 897,854
Contract liabilities 2,933,102 3,042,044
Promissory notes payable, current 1,650,000 2,498,714
Derivative liabilities 883,167 37,962
Customer deposits 413,838 417,000
Interest payable 421,213 694,649
Obligation under repurchase agreement 0 400,000
Total current liabilities 25,356,627 23,828,737
Loans payable 164,570 831,568
Promissory notes payable, net 0 100,000
Convertible notes payable 0 378,725
SAFE notes 541,304 520,242
Total liabilities 26,062,501 25,659,272
Commitments and contingencies (Note 15)
Stockholders' equity (deficit):    
Common stock, $0.00001 par, 250,000,000 shares authorized; 11,760,456 shares issued and 11,605,081 shares outstanding as of June 30, 2026, and 3,364,984 shares issued and outstanding as of December 31, 2025 118 34
Additional paid-in capital 51,273,945 37,661,354
Treasury stock, 155,375 and 0 shares at cost (1,393,713) 0
Accumulated other comprehensive income 55,172 55,172
Accumulated deficit (51,215,008) (40,705,027)
Total Amass stockholders' deficit (1,279,486) (2,988,251)
Non-controlling interest 2,272,890 2,353,729
Total stockholders' equity (deficit) 993,404 (634,522)
Total liabilities and stockholders' equity (deficit) 28,239,982 25,024,750
Convertible Preferred Stock [Member]    
Current liabilities    
Series C Convertible Preferred Stock, $0.00001 par, 7,000 shares issued and outstanding, liquidation value of $7,608,720 plus accrued and unpaid preferred return, at carrying value (mezzanine equity) 1,184,077 0
Series B Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred Stock, Value, Issued 0 82
Series A Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred Stock, Value, Issued 0 9
Series Seed Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred Stock, Value, Issued $ 0 $ 125