v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net income (loss) $ 44,352,185 $ (5,597,694)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 96,650 15,410  
Gain on sale on investments and marketable securities (53,226,105)  
Stock based compensation 1,752,332 2,133,933  
Stock issued for services 208,750 90,000  
Amortization of debt discount related to warrant liabilities 326,743  
Amortization of right of use asset - land 9,441  
Amortization of lease right of use asset - Edge Data Centers 150,821  
Provision for credit losses, accounts receivable 40,561
Changes in assets and liabilities:      
   Accounts receivable (2,507,996)  
   Accounts receivable-related parties 5,081,308 (952,898)  
   Lease receivable 17,447 2,789  
   Contract assets (2,558,125)  
   Inventory (50,436)  
   Prepaid expenses and other current assets (220,791) 200,451  
   Accounts payable (3,147,075) (80,496)  
   Accrued expenses 5,559,462 181,437  
   Operating lease obligation - land 3,501  
   Financing lease obligation - Edge Data Centers (12,359)  
Contract liabilities, Technology Solutions 1,345,788  
   Contract liabilities, related parties (3,616,500) (4,308,250)  
   Contract liabilities, GPUaaS 18,770,228  
Net cash provided by (used in) operating activities - continuing operations 11,910,625 (7,850,113)  
Net cash used in operating activities - discontinued operations (549,860) (25,624)  
Net cash provided by (used in) operating activities 11,360,765 (7,875,737)  
Cash flows from investing activities:      
Deposits on equipment (68,793,810)  
Proceeds from sale of investments 50,392,931  
Purchase of Marketable Securities (29,693,638)  
Sale of Marketable Securities 29,745,940  
Deposit on real estate (2,800,000)  
Building renovation deposit (3,000,000)    
   Purchase of property and equipment (2,510,721) (1,363,560)  
Net cash used in investing activities - continuing operations (26,659,298) (1,363,560)  
Net cash used in investing activities - discontinued operations (15,087) (24,481)  
Net cash used in investing activities (26,674,385) (1,388,041)  
Cash flows from financing activities:      
   Repayments on financing agreements (389,566) (274,965)  
   Repayments of notes payable, related parties (1,000,000)  
   Proceeds from common stock issued and pre-funded warrants 120,096,195 5,692,579  
   Proceeds from exercise of stock options 374,326 144,777  
   Stock issuance costs (7,983,869) (205,238)  
   Proceeds from shares issued under Employee Stock Purchase Plan 52,317 114,724  
Net cash provided by financing activities - continuing operations 112,149,403 4,471,877  
Net increase (decrease) in cash 96,835,783 (4,791,901)  
Cash, beginning of period 15,472,229 6,266,296 6,266,296
Cash, end of period 112,308,012 1,474,395 $ 15,472,229
Supplemental Disclosure of Cash Flow Information:      
Interest paid 3,865  
Taxes paid 19,733  
Supplemental Non-Cash Investing and Financing Activities:      
Notes issued for financing of insurance premiums 671,834 477,727  
Transfer of inventory to property and equipment 49,609  
Subscription receivable 98,235  
Transfer of property and equipment to lease receivable 282,772  
Non-cash financing activity: Warrants issued as part of equity raise 2,305,016  
Conversion of Series E Preferred Stock to common stock 1  
Initial ROU asset and liability $ 256,765