STOCKHOLDERS’ EQUITY / (DEFICIT) (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Equity [Abstract] |
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| Schedule of Outstanding Prepaid Warrants and Common Warrants |
The following sets forth the outstanding 2024 Prepaid Warrants, Pre-Funded Warrants (See Note 6 - Intangible Digital Assets), and Common Warrants (See Note 1 - Description of Operations and Basis of Presentation - Initial Public Offering) as of June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | 2024 Prepaid Warrants | | Pre-Funded Warrants | | Common Warrants | | Balance December 31, 2024 | | 9,679 | | — | | 955 | | Issuance of Pre-Funded Warrants in PIPE Offerings | | — | | | 925,947 | | | — | | | Exercise of Pre-Funded Warrants in Exchange for Common Stock | | — | | | (359,041) | | | — | | | Prepaid Warrants Issued with Series B Preferred Stock | | 819 | | | — | | | — | | | Exercise of Prepaid Warrants in Exchange for Common Stock | | (7,929) | | | — | | | (955) | | | Exchange of Prepaid Warrants for Series B Preferred Stock | | (2,569) | | | — | | | — | | | Balance December 31, 2025 | | — | | 566,906 | | — | | Exercise of Pre-Funded Warrants in Exchange for Common Stock | | — | | | (43,125) | | | — | | | Effect of Reverse Split | | — | | | (2) | | | — | | | Balance June 30, 2026 | | — | | 523,779 | | — |
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| Schedule of Outstanding ISOs and Related Activity |
The following sets forth the outstanding ISOs and related activity for the six months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Options Outstanding | | Number of
Shares | | Weighted-
Average
Exercise Price
Per Share | | Weighted-
Average
Remaining
Contractual
Term (in years) | | Aggregate
Intrinsic Value | | Outstanding at December 31, 2025 | | 3 | | | $ | 63,156 | | | 0.42 years | | $ | 0.00 | | | Exercisable at December 31, 2025 | | 3 | | | $ | 63,156 | | | 0.42 years | | $ | 0.00 | | | Remaining unvested at December 31, 2025 | | 0 | | | $ | 63,156 | | | | | | | Forfeited | | 0 | | | $ | 63,156 | | | | | | | Expired | | 3 | | | $ | 63,156 | | | | | | | Outstanding at June 30, 2026 | | — | | | $ | 63,156 | | | 0 | | $ | 0.00 | | | Exercisable at June 30, 2026 | | — | | | $ | 63,156 | | | | | $ | 0.00 | | | Remaining unvested at June 30, 2026 | | 0 | | | $ | 63,156 | | | | | |
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| Schedule of RSU's |
The following table summarizes the RSU activity for the six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | Restricted
Stock
Units | | Weighted Average
Exercise Price
Per Share | | Vested and Outstanding at December 31, 2024 | | 592 | | | $ | 4,372.33 | | | Granted | | 6,318 | | 496.00 | | | Vested | | (6,910) | | | 840.00 | | | Forfeited/Canceled/Expired | | — | | — | | | Vested and Outstanding at June 30, 2025 | | — | | $ | — | | | | | | | | Vested and Outstanding at December 31, 2025 | | 25,860 | | | $ | 227.35 | | | Granted | | 21,225 | | | $ | 21.05 | | | Vested | | (19,182) | | | $ | 128.94 | | | Forfeited/Canceled/Expired | | — | | | $ | — | | | Unvested and Outstanding at June 30, 2026 | | 27,903 | | | $ | 109.48 | | | Vested and Outstanding at June 30, 2026 | | — | | | $ | — | |
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| Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount |
The following table presents stock-based compensation expense included in the condensed consolidates statements of operations related to RSUs issued under the 2024 Plan: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended
June 30, | | For the Six Months Ended
June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of Revenue | | $ | 5,338 | | | $ | 121,107 | | | $ | 10,651 | | | $ | 121,107 | | | Sales and Marketing | | 16,116 | | | 647,294 | | | 107,548 | | | 647,294 | | | General and Administrative | | 1,306,095 | | | 2,359,406 | | | 2,152,259 | | | 2,359,406 | | | Total Share-based Compensation | | $ | 1,327,549 | | | $ | 3,127,807 | | | $ | 2,270,458 | | | $ | 3,127,807 | |
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| Schedule of Valuation Assumptions |
The assumptions used in the Black-Scholes option pricing model for the Contingent Legacy Shareholder Warrants were as follows: | | | | | | | | | | Weighted Average Expected Volatility | | 70 | % | | Expected Dividends | | — | % | | Weighted Average Expected Term (in years) | | 5 | | Risk-Free Interest Rate | | 4.22 | % | | Probability Scenarios of meeting contingencies | | | Shareholder holds shares owned on May 31, 2023 through warrant exercise date | | 95% to 75% | | Common stock attains a specified 10-Trading-Day VWAP price before expiring | | 0.025% to 2.25% |
The assumptions used in the Black-Scholes option pricing model were as follows: | | | | | | | Weighted Average Expected Volatility | 70 | % | | Expected Dividends | — | % | | Weighted Average Expected Term (in years) | 5 | | Risk-Free Interest Rate | 4.12 | % |
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