v3.26.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 3,208,000 $ 7,297,400
Trading securities 2,600 4,100
Stable coins 2,600 100
Digital assets 3,521,800 5,760,400
Accounts receivable 619,700 508,800
Prepaid expenses and other assets 2,097,000 2,352,900
Current content assets, net 735,900 966,300
Total current assets 10,193,800 17,667,400
Non-current Assets:    
Long-term investments 4,086,600 1,757,200
Goodwill 2,889,200 2,889,200
Content assets, net 126,500 113,500
Total non-current assets 7,102,300 4,759,900
Total assets 17,296,100 22,427,300
Current liabilities:    
Accounts payable 954,800 775,300
Contract liabilities 1,631,500 1,738,200
Income taxes payable 3,600 4,400
Other current liabilities and accrued expenses 2,577,800 1,837,600
Total current liabilities 5,167,700 4,355,500
Total liabilities 5,167,700 4,355,500
Commitments and contingencies (Note 12)
Shareholders’ Equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding
Paid-in capital 78,996,500 78,637,900
Accumulated deficit (66,936,400) (60,633,900)
Total shareholders’ equity 12,128,400 18,071,800
Total liabilities and shareholders’ equity 17,296,100 22,427,300
Class A Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] 62,400 61,900
Class B Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] 2,800 2,800
Class C Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] 3,100 3,100
Related Party    
Current Assets:    
Loans receivable - a related party 771,200
Due from a related party $ 6,200 $ 6,200
[1] The share information is presented on a retroactive basis to reflect the share consolidation effected on September 15, 2026 (Note 1).