v3.26.3
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES    
Schedule of the effect of the correction on each financial statement line item

  ​ ​ ​

Six Months Ended June 30, 2025

Numbers

Discontinuing

Continuing

reported as of

revision

Adjusted

Operations as of

Operations as of

June 30, 2025

  ​ ​ ​

adjustments

  ​ ​ ​

balances

  ​ ​ ​

June 30, 2025

  ​ ​ ​

June 30, 2025

Revenues

$

17,499,834

$

150,600

$

17,650,434

$

1,510,877

$

16,139,557

Cost of revenues

11,513,224

138,440

11,651,664

1,318,302

10,333,362

Gross profit

 

5,986,610

 

12,160

 

5,998,770

192,575

 

5,806,195

Selling, general and administrative expenses

 

12,579,336

 

493,798

 

13,073,134

516,923

 

12,556,211

Loss on impairment of intangible assets

 

 

 

 

Loss from operations

 

(6,592,726)

 

(481,638)

 

(7,074,364)

(324,348)

 

(6,750,016)

Other income (expense):

 

  ​

 

  ​

 

  ​

 

  ​

Interest expense

 

(595,635)

 

 

(595,635)

22,559

 

(573,076)

Loss on extinguishment of debt and vendor payable

 

(4,105,692)

 

774,218

 

(3,331,474)

 

(3,331,474)

Change in fair value of convertible debt

 

(830,272)

 

 

(830,272)

 

(830,272)

Change in fair value of forward purchase agreement

 

(971,000)

 

 

(971,000)

 

(971,000)

Change in fair value of derivative liabilities

 

(544,209)

 

 

(544,209)

 

(544,209)

Bargain Purchase Gain

 

2,486,702

 

 

2,486,702

2,486,702

 

Change in fair value on 3(a)(10) Settlement Agreement (Note 6)

 

617,966

 

(1,543,643)

 

(925,677)

 

(925,677)

Other income (expense), net

 

151,419

 

 

151,419

10,974

 

162,393

Total other income (expense), net

 

(3,790,721)

 

(769,425)

 

(4,560,146)

2,453,169

 

(7,013,315)

Net income (loss)

 

(10,383,447)

 

(1,251,063)

 

(11,634,510)

2,128,821

 

(13,763,331)

  ​ ​ ​

Three Months Ended June 30, 2025

Numbers

Discontinuing

Continuing

reported as of

revision

Adjusted

Operations as of

Operations as of 

June 30, 2025

  ​ ​ ​

adjustments

  ​ ​ ​

balances

  ​ ​ ​

June 30, 2025

  ​ ​ ​

June 30, 2025

Revenues

$

8,511,491

$

150,600

$

8,662,091

$

776,890

$

7,885,201

Cost of revenues

5,538,614

138,440

5,677,054

672,607

5,004,447

Gross profit

 

2,972,877

 

12,160

 

2,985,037

104,283

 

2,880,754

Selling, general and administrative expenses

 

6,292,160

 

493,798

 

6,785,958

364,723

 

6,421,235

Loss on impairment of intangible assets and goodwill

 

 

 

 

Loss from operations

 

(3,319,283)

 

(481,638)

 

(3,800,921)

(260,440)

 

(3,540,481)

Other income (expense):

 

  ​

 

  ​

 

  ​

 

  ​

Interest expense

 

(102,171)

 

 

(102,171)

16,414

 

(85,757)

Loss on extinguishment of debt and vendor payable

 

(1,599,285)

 

774,218

 

(825,067)

 

(825,067)

Change in fair value of convertible debt

 

(510,577)

 

 

(510,577)

 

(510,577)

Change in fair value of forward purchase agreement

 

 

 

 

Change in fair value of derivative liabilities

 

(510,661)

 

 

(510,661)

 

(510,661)

Bargain Purchase Gain

 

2,486,702

 

 

2,486,702

2,486,702

 

Change in fair value on 3(a)(10) Settlement Agreement (Note 6)

 

207,715

 

(1,543,643)

 

(1,335,928)

 

(1,335,928)

Other income (expense), net

 

(58,548)

 

 

(58,548)

26,916

 

(85,464)

Total other income (expense), net

 

(86,825)

 

(769,425)

 

(856,250)

2,497,204

 

(3,353,454)

Net income (loss)

 

(3,406,108)

 

(1,251,063)

 

(4,657,171)

2,236,764

 

(6,893,935)

 
Schedule of outstanding shares of common stock equivalents

Options

  ​ ​ ​

14,810

Warrants

408,359

Convertible notes payable that convert into common stock

727,043

Total

1,150,212

Options

$

14,810

Warrants

408,359

Convertible notes payable that convert into common stock

316,398

Total

 

739,567

Schedule of reverse stock split

Shares Outstanding

  ​ ​ ​

Pre-Split

  ​ ​ ​

Post-Split

Common Stock - issued and outstanding

170,368,082

5,332,200

Shares Outstanding

  ​ ​ ​

Pre-Split

  ​ ​ ​

Post-Split

 

Common Stock - issued and outstanding as on December 31, 2025

153,255,345

4,789,230

Common Stock - issued and outstanding as on December 31, 2024

29,093,289

909,165