v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Total revenue $ 50,000,000 $ 4,000,000 $ 50,000,000 $ 4,000,000
Operating expenses        
Cost of services 5,000,000 5,000,000
Research and development, net 136 2,587
General and administrative 713,110 594,838 1,510,707 1,108,182
Sales and marketing 390 2,387 5,146 11,889
Total operating expenses 5,713,636 597,225 6,518,440 1,120,071
Operating income 44,286,364 3,402,775 43,481,560 2,879,929
Other income (expense)        
Interest and other income, net 94,570 108,843 187,439 226,688
Interest expense (2,014) (1,623) (3,009) (4,861)
Foreign currency transaction (losses) gains (4,305) (3) (1,946) 103
Total other income (expense) 88,251 107,217 182,484 221,930
Income before income taxes 44,374,615 3,509,992 43,664,044 3,101,859
Provision for income taxes (1,903,533) 0 (1,903,533) 0
Net income 42,471,082 3,509,992 41,760,511 3,101,859
Net income allocated to preferred stockholders (208,279) (21,166) (204,795) (18,705)
Net income available to common stockholders $ 42,262,803 $ 3,488,826 $ 41,555,716 $ 3,083,154
Earnings per share attributable to common stockholders        
Basic $ 3.41 $ 0.35 $ 3.43 $ 0.31
Diluted $ 3.38 $ 0.34 $ 3.28 $ 0.30
Weighted average shares outstanding        
Basic 12,378,671 10,071,286 12,110,139 10,071,183
Diluted 12,489,103 10,167,567 12,669,141 10,207,942
Net income $ 42,471,082 $ 3,509,992 $ 41,760,511 $ 3,101,859
Other comprehensive income (loss) - foreign currency translation 841 (1,023)
Comprehensive income 42,471,923 3,509,992 41,759,488 3,101,859
Listing sponsorship services [Member]        
Revenue        
Total revenue $ 50,000,000 $ 4,000,000 $ 50,000,000 $ 4,000,000