v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash $ 591,641 $ 679,442 $ 170,557
Prepaid expenses and other current assets 3,198,769 1,703,447 259,854
Other receivables 271,129 7,766 2,262
Digital assets 9,365  
Advance to related parties 848,749 529,948
Total current assets 4,919,653 2,920,603 432,673
Property, plant and equipment, net 2,825,169 2,861,586 2,913,509
Other assets 55,330  
Mineral rights 32,086,000 32,086,000 30,100,000
Intangible assets 93,889 93,889
Total assets 39,980,041 37,962,078 33,446,182
Current liabilities      
Accounts payable 9,800,202 8,163,927 1,847,858
Accrued expenses and other current liabilities 4,690,496 2,384,778 936,289
Token liability 33,610  
Advances payable 648,000 648,000 648,000
Convertible notes payable 5,158,107 3,468,563 2,472,848
Total current liabilities 22,772,723 15,220,416 8,006,108
Equity-linked share issuance liability 228,221 426,000
Warrants liabilities 1,105,150 4,843,800
Royalty obligation 2,700,000 2,700,000 2,700,000
Contingent consideration liability 17,100,000 17,100,000 17,100,000
Asset retirement obligation 18,936,000 17,833,000 13,937,000
Total liabilities 62,842,094 58,123,216 41,743,108
Commitments and contingencies (Note 16)
Stockholders’ deficit      
Additional paid in capital 22,240,227 16,034,831 3,716,962
Subscription receivables (2,480,727) (2,480,727)
Accumulated deficit (42,657,524) (33,882,229) (11,972,315)
Accumulated other comprehensive income 31,641 163,519 (42,551)
Total stockholders’ deficit (22,862,053) (20,161,138) (8,296,926)
Preferred Shares, $0.0001 par value; 100,000,000 authorized and 0 issued and outstanding at December 31, 2025, and 2024  
Total liabilities and stockholders’ deficit 39,980,041 37,962,078 33,446,182
Class A Ordinary Shares      
Stockholders’ deficit      
Class A ordinary Shares, $0.0001 par value; 400,000,000 authorized and 43,301,723 and 34,677,492 issued and outstanding at June 30, 2026, and December 31, 2025, respectively 4,330 3,468 978
Related Party      
Current liabilities      
Accounts payable- related party, net $ 2,442,308 $ 555,147 $ 2,101,113