v3.26.3
Schedule of Significant Segment Expenses (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Revenue $ 37,000 $ 38,000 $ 85,000
Operating Expenses        
Depreciation and amortization   1,249,000 32,469
Stock-based compensation 3,723,000 7,263,000 442,043
Total Operating Expenses 8,000 15,027,000 22,819,000  
Operating Loss (8,000) (14,990,000) (22,781,000) (7,987,378)
Other Income (expense)        
Unrealized (loss) gain on digital assets 14,296,000 (49,362,000) (154,829,000)  
Realized loss on digital assets (2,676,000) (2,676,000) (54,463,684)
Change in fair value of convertible notes conversion feature 109,000 946,000 2,350,290
Realized loss on put option liability (914,000)  
Gain on extinguishment of debt 5,933,000  
Interest and dividend income 128,000 871,000 259,942
Interest expense 760,000 1,860,000 534,054
Change in fair value of derivative liability 10,330,000 106,264
Other (expenses) income, net 24,626,000 (52,561,000) (152,529,000) (20,988,126)
Net (Loss) Income Before Taxes 24,618,000 (67,551,000) (175,310,000)  
Income tax benefit (2,504,000) (2,504,000)  
Net profit (loss) 24,618,000 (65,047,000) (172,806,000) $ (28,975,504)
Reportable Segment [Member]        
Revenue 37,000 38,000  
Operating Expenses        
Payroll expenses 1,674,000 2,683,000  
One-time bonus 5,000,000 5,000,000  
Depreciation and amortization   1,210,000 1,249,000  
Other operating expenses [1] 8,000 3,420,000 6,624,000  
Stock-based compensation 3,723,000 7,263,000  
Total Operating Expenses 8,000 15,027,000 22,819,000  
Operating Loss (8,000) (14,990,000) (22,781,000)  
Other Income (expense)        
Unrealized (loss) gain on digital assets 14,296,000 (49,362,000) (154,829,000)  
Realized loss on digital assets (2,676,000) (2,676,000)  
Change in fair value of convertible notes conversion feature 109,000 946,000  
Realized loss on put option liability (914,000)  
Gain on extinguishment of debt 5,933,000  
Interest and dividend income 128,000 871,000  
Interest expense (760,000) (1,860,000)  
Change in fair value of derivative liability 10,330,000  
Other (expenses) income, net 24,626,000 (52,561,000) (152,529,000)  
Net (Loss) Income Before Taxes 24,618,000 (67,551,000) (175,310,000)  
Income tax benefit (2,504,000) (2,504,000)  
Net profit (loss) $ 24,618,000 $ (65,047,000) $ (172,806,000)  
[1] Includes other operating expenses such as professional fees, insurance, rent, and utility expenses.