| Schedule of Revision of Previously Issued Statements of Cash Flows |
Effect
of the revision on the statement of cash flows for the six months ended June 30, 2025, as previously filed:
Schedule
of Revision of Previously Issued Statements of Cash Flows
| SCF line item | |
As previously reported | | |
Adjustment | | |
As revised | |
| DeFi interest expense settled in digital assets (add-back) | |
$ | - | | |
$ | 1,453 | | |
$ | 1,453 | |
| Net cash used in operating activities | |
| (3,235,514 | ) | |
| 1,453 | | |
| (3,234,061 | ) |
| Purchase of productive digital assets | |
| (14,179,117 | ) | |
| 3,998,547 | | |
| (10,180,570 | ) |
| Net cash used in investing activities | |
| (13,365,606 | ) | |
| 3,998,547 | | |
| (9,367,059 | ) |
| Proceeds from DeFi borrowing | |
| 5,447,000 | | |
| (5,447,000 | ) | |
| - | |
| Payments on DeFi borrowing | |
| (1,447,000 | ) | |
| 1,447,000 | | |
| - | |
| Net cash provided by financing activities | |
| 15,262,531 | | |
| (4,000,000 | ) | |
| 11,262,531 | |
| Net decrease in cash | |
| (1,338,589 | ) | |
| - | | |
| (1,338,589 | ) |
| Cash, end of period | |
| 639,189 | | |
| - | | |
| 639,189 | |
Effect
of the revision on the Statement of Cash Flows for the three months ended March 31, 2026, as previously filed:
| SCF line item | |
As previously reported | | |
Adjustment | | |
As revised | |
| Stablecoins | |
$ | 920,156 | | |
$ | 500,000 | | |
$ | 1,420,156 | |
| Net cash provided by (used in) operating activities | |
| (1,741,764 | ) | |
| 500,000 | | |
| (1,241,764 | ) |
| Sale of productive digital assets | |
| 18,221,577 | | |
| (18,221,577 | ) | |
| - | |
| Net cash provided by investing activities | |
| 18,221,577 | | |
| (18,221,577 | ) | |
| - | |
| Proceeds from DeFi borrowing | |
| 500,000 | | |
| (500,000 | ) | |
| - | |
| Payments on DeFi borrowing | |
| (18,221,577 | ) | |
| 18,221,577 | | |
| - | |
| Net cash used in financing activities | |
| (17,721,577 | ) | |
| 17,721,577 | | |
| - | |
| Net decrease in cash | |
| (1,241,764 | ) | |
| - | | |
| (1,241,764 | ) |
| Cash, end of period | |
| 284,631 | | |
| - | | |
| 284,631 | |
|