v3.26.3
Segment Reporting (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Segment Reporting [Abstract]    
Schedule of Financial Information Related to Our Reportable Segments and Corporate

The following tables present certain financial information related to our reportable segments and Corporate as of June 30, 2026 and for the three and six months ended June 30, 2026:

 

As of June 30, 2026 
   Vocal   OG Collection   Corporate   Total 
Cash  $19,303   $2,425   $313,375   $335,103 
Accounts receivable, net   20,000    
—
    11,250    31,250 
Marketable securities   
—
    
—
    4,545,009    4,545,009 
Prepaid expenses and other current assets   21,585    18,000    72,749    112,334 
Deposits and other assets   
—
    
—
    
—
    
—
 
Intangible assets   
—
    
—
    22,475    22,475 
All other assets   28,898    31,955    4,716,215    4,777,068 
Total Assets  $89,786   $52,380   $9,681,073   $9,823,239 
                     
Accounts payable and accrued liabilities  $319,772   $25,897   $3,621,451   $3,967,120 
Note payable, net of debt discount and issuance costs   24,455    94,255    
—
    118,710 
Deferred revenue   85,238    
—
    
—
    85,238 
All other liabilities   9,633    
—
    3,170,156    3,179,789 
Total Liabilities  $439,098   $120,152   $6,791,607   $7,350,857 
For the three months ended June 30, 2026 
   Vocal   OG Collection   Corporate   Total 
Net revenue  $158,971   $3,720   $11,250   $173,941 
Cost of revenue   (31,961)   (26)   
—
    (31,987)
Gross margin   127,010    3,694    11,250    141,954 
                     
Marketing   
—
    12,525    
—
    12,525 
Compensation   
—
    2,878    352,506    355,384 
Stock based compensation   
—
    
—
    1,440,160    1,440,160 
General and administrative   88,887    113,150    441,827    643,864 
Research and development   (19,427)   
—
    
—
    (19,427)
Total operating expenses   69,460    128,553    2,234,493    2,432,506 
                     
Interest income (expense), net   (2,151)   (4,641)   126,580    119,788 
All other expenses   
—
    
—
    (311,920)   (311,920)
                     
Other expenses, net   (2,151)   (4,641)   (185,340)   (192,132)
                     
Loss before income tax provision and equity in net loss from unconsolidated investments  $55,399   $(129,500)  $(2,408,583)  $(2,482,684)

 

For the six months ended June 30, 2026 
   Vocal   OG Collection   Corporate   Total 
Net revenue  $329,938   $36,480   $11,250   $377,668 
Cost of revenue   (27,962)   (5,454)   
—
    (33,416)
Gross margin   301,976    31,026    11,250    344,252 
                     
Marketing   65,734    53,263    
—
    118,997 
Compensation   
—
    5,867    720,325    726,192 
Stock based compensation   
—
    
—
    12,748,152    12,748,152 
General and administrative   241,232    183,167    935,870    1,360,269 
Research and development   21,798    
—
    
—
    21,798 
Total operating expenses   328,764    242,297    14,404,347    14,975,408 
                     
Interest income (expense), net   (3,977)   (8,751)   116,955    104,227 
All other income (expenses)   (2,875,496)   (523,840)   1,999,159    (1,400,177)
                     
Other income (expenses), net   (2,879,473)   (532,591)   2,116,114    (1,295,950)
                     
Loss before income tax provision and equity in net loss from unconsolidated investments  $(2,906,261)  $(743,862)  $(12,276,983)  $(15,927,106)
As of December 31, 2025 
   Vocal   OG Collection   Corporate   Total 
Cash  $124,605   $5,772   $91,365    221,742 
Accounts receivable, net   
—
    
—
    10,000    10,000 
Prepaid expenses and other current assets   93,731    
—
    167,190    260,921 
Intangible assets   
—
    
—
    28,043    28,043 
All other assets   
—
    
—
    1,430,991    1,430,991 
Total Assets  $218,336   $5,772   $1,727,589   $1,951,697 
                     
Accounts payable and accrued liabilities  $385,191   $250   $4,900,324   $5,285,765 
Note payable, net of debt discount and issuance costs   66,228    
—
    54,902    121,130 
Deferred revenue   118,862    
—
    
—
    118,862 
Convertible Notes, net of debt discount and issuance costs   
—
    
—
    383,374    383,374 
All other Liabilities   
—
    
—
    1,668,038    1,668,038 
Total Liabilities  $570,281   $250   $7,006,638   $7,577,169 
For the three  months ended June, 30 2025 
   Vocal   OG Collection   Corporate   Total 
Net revenue  $166,582   $13,264   $17,100   $196,946 
Cost of revenue   (43,849)   (3,919)   
—
    (47,768)
Gross margin   122,733    9,345    17,100    149,178 
                     
Marketing   28,979    36,890    
—
    65,869 
Compensation   98,525    62,500    132,254    293,279 
Stock based compensation   
—
    
—
    2,360,259    2,360,259 
General and administrative   74,097    12,264    (66,553)   19,808 
Total operating expenses   201,601    111,654    2,425,960    2,739,215 
                     
Interest expense   (4,430)   
—
    (55,592)   (60,022)
All other  expenses   (377)   
—
    1,267,365    1,266,988 
                     
Other expenses, net   (4,807)   
—
    1,211,773    1,206,966 
                     
Loss before income tax provision and equity in net loss from unconsolidated investments  $(83,675)  $(102,309)  $(1,197,087)  $(1,383,071)
For the six months ended June, 30 2025 
   Vocal   OG Collection   Corporate   Total 
Net revenue  $434,681   $29,249   $24,900   $488,830 
Cost of revenue   (79,051)   (8,693)   
—
    (87,744)
Gross margin   355,630    20,556    24,900    401,086 
                     
Marketing   63,799    43,533    
—
    107,332 
Compensation   197,025    125,000    500,576    822,601 
Stock based compensation   
—
    
—
    3,310,183    3,310,183 
General and administrative   162,302    21,664    527,031    710,997 
Total operating expenses   423,126    190,197    4,337,790    4,951,113 
                     
Interest expense   (6,171)   
—
    (121,946)   (128,117)
All other  expenses   (5,497)   
—
    1,598,478    1,592,981 
                     
Other expenses, net   (11,668)   
—
    1,476,532    1,464,864 
                     
Loss before income tax provision and equity in net loss from unconsolidated investments  $(79,164)  $(169,641)  $(2,836,358)  $(3,085,163)
    Vocal     OG
Collection		     Corporate     Total  
Net Revenue   $ 1,053,451     $ 71,743     $ 153,800     $ 1,278,994  
Cost of Revenue     150,602       12,095       56,708       219,405  
Gross margin   $ 902,849     $ 59,648     $ 97,092     $ 1,059,589  
                                 
Research and development   $ 1,842       -       -     $ 1,842  
Marketing     417,072       101,522       -       518,594  
Compensation     430,126       301,252       832,834       1,564,212  
Stock based compensation     -       -       5,305,221       5,305,221  
General and administrative     335,177       57,028       1,363,540       1,755,745  
Impairment of intangible assets     -       -       35,723       35,723  
Impairment of goodwill     -       -       3,034       3,034  
Total Operating Expenses   $ 1,184,217     $ 459,802     $ 7,540,352     $ 9,184,371  
                                 
Interest Expense   $ (7,729 )     -     $ (715,820 )   $ (723,549 )
All other (expenses) income, net     (6,361 )     3,192       3,721,474       3,718,305  
Other (expenses) income, net   $ (14,090 )   $ 3,192     $ 3,005,654     $ 2,994,756  
Loss from continuing operations before income tax provision   $ (295,458 )   $ (396,962 )   $ (4,437,606 )   $ (5,130,026 )
Loss from discontinued operations, net of tax                             (4,234,526 )
Net loss                           $ (9,364,552 )
   Vocal   OG
Collection		   Corporate   Total 
Net revenue  $1,444,458   $37,348   $17,068   $1,498,874 
Cost of revenue   63,002    -    142    63,144 
Gross margin  $1,381,456   $37,348   $16,926   $1,435,730 
                     
Research and development  $204,043    -    -   $204,043 
Marketing   252,436    16,719    4,884    274,039 
Compensation   2,500    -    1,939,172    1,941,672 
Stock based compensation   709,926    4,600,000    4,132,791    9,442,717 
General and administrative   316,089    43,714    1,550,678    1,910,480 
Total Operating Expenses  $1,484,994   $4,660,433   $7,627,525   $13,772,951 
                     
Interest Expense  $(19,265)   -   $(299,890)  $(319,155)
All other income, net   954,958    5,000    7,026,407    7,986,365 
Other income, net  $935,693   $5,000   $6,726,517   $7,667,210 
                     
Income (loss) before income tax provision  $832,155   $(4,618,085)  $(884,081)  $(4,670,011)
Schedule of Reportable Segments and Corporate  

The following tables present certain financial information related to our reportable segments and Corporate:

   Vocal   OG
Collection		   Corporate   Total 
Cash  $124,605   $5,772   $91,365   $221,742 
Accounts receivable, net   -    -    10,000    10,000 
Prepaid expenses and other current assets   93,731    -    167,190    260,921 
Intangible assets, net   -    -    28,043    28,043 
Goodwill   -    -    -    - 
All other assets   -    -    1,430,991    1,430,991 
Total Assets  $218,336   $5,772   $1,727,589   $1,951,697 
                     
Accounts payable and accrued liabilities  $385,191   $250   $4,900,324   $5,285,765 
Note payable, net of debt discount and issuance costs   66,228    -    54,902    121,130 
Deferred revenue   118,862    -    -    118,862 
Convertible Notes, net of debt discount and issuance costs   -    -    383,374    383,374 
All other liabilities   -    -    1,668,038    1,668,038 
Total Liabilities  $570,281   $250   $7,006,638   $7,577,169 
Total segment assets – continuing operations  $1,951,697 
Assets of discontinued operations (Note 13)   16,190,250 
Total consolidated assets  $18,141,947 
      
Total segment liabilities – continuing operations  $7,577,169 
Liabilities of discontinued operations (Note 13)   1,492,069 
Total consolidated liabilities  $9,069,238 
   Vocal   OG
Collection		   Corporate   Total 
Cash  $5,152   $1,319   $9,019   $15,490 
Accounts receivable, net   -    -    2,000    2,000 
Deposits and other assets   -    -    83,616    83,616 
Intangible assets, net   -    -    103,550    103,550 
Goodwill   -    -    5,415    5,415 
All other assets   -    -    2,052,278    2,052,278 
Total Assets  $5,152   $1,319   $2,255,878   $2,262,349 
                     
Accounts payable and accrued liabilities  $507,374   $17,447   $7,925,983   $8,450,804 
Note payable, net of debt discount and issuance costs   88,695    -    859,304    947,999 
Deferred revenue   146,950    -    -    146,950 
Convertible Notes, net of debt discount and issuance costs   -    -    1,216,158    1,216,158 
All other liabilities   -    -    1,798,758    1,798,758 
Total Liabilities  $743,019   $17,447   $11,800,203   $12,560,669