Business Combination (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Schedule of Supplemental Pro Forma Information [Abstract] |
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| Schedule of Cost of Acquisition |
The following table summarizes the cost of the acquisition: | | | June 1, | | | | | 2026 | | | Consideration transferred | | $ | 39,000,000 | | | Fair value of non-controlling interest | | | 58,787,525 | | | Fair value of previously held equity interest | | | 32,286,055 | | | Total cost of acquisition | | $ | 130,073,580 | |
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| Schedule of Previously Held Equity Interest |
The gain on remeasurement of the previously held equity interest was determined as follows: | Fair value of previously held equity interest at the acquisition date | | $ | 32,286,055 | | | Less: carrying amount of previously held equity interest | | | (28,080,000 | ) | | Gain on remeasurement of previously held equity interest | | $ | 4,206,055 | |
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| Schedule of Identifiable Assets and Liabilities Assumed |
The provisional fair values of the identifiable assets acquired and liabilities assumed at the acquisition date are summarized as follows: | | | Amount | | | Cash held on behalf of clients | | $ | 1,380,354 | | | Prepaid expenses | | | 14,037 | | | Short-term investment - Broker dealer | | | 8,257,167 | | | Digital Assets - External trust company | | | 620,421 | | | Goodwill | | | 130,154,809 | | | Payables - Client funds | | | (1,380,354 | ) | | Payable - Broker dealer | | | (8,257,167 | ) | | Payable – External trust company | | | (620,421 | ) | | Due to related parties | | | (95,266 | ) | | | | $ | 130,073,580 | |
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| Schedule of Supplemental Pro Forma Information |
The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that would have occurred had the acquisition actually occurred on January 1, 2025, nor is it indicative of future results. | | | Three Months Ended | | | Six Months Ended | | | | | June 30, | | | June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | | | | | | | | | | | | | | | Pro forma revenue | | $ | 355,355 | | | $ | 498,528 | | | $ | 598,599 | | | $ | 927,868 | | | Pro forma net income (loss) | | $ | (1,425,159 | ) | | $ | (2,202,382 | ) | | $ | (2,380,391 | ) | | $ | (4,592,032 | ) |
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