SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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9 Months Ended |
Sep. 30, 2026 |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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| Summary of reconciliation of cash and restricted cash |
| | | | Cash and cash equivalents | | $ | 22,645,058 | Cash segregated under federal and other regulations | | | 4,167,036 | | | $ | 26,812,094 |
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| Schedule of breakdown of the StartEngine private assets held by industry |
| | | | | | | Industry | | September 30, 2026 | | December 31, 2025 | AI Chips | | $ | 2,587,600 | | $ | 1,689,039 | Sales Technology | | | 7,673 | | | 113,200 | AI Software | | | 7,704,948 | | | 8,797,502 | Software Development | | | 20,174 | | | 20,174 | Medical Technology | | | 23 | | | 134,884 | Blockchain Technology | | | 142,513 | | | 57,200 | Rare Earth Materials | | | 435,218 | | | 375,375 | Advanced Materials | | | 918 | | | 215,180 | Banking | | | 335,183 | | | - | AI Vehicles | | | - | | | 143,187 | Defense Technology | | | 506,399 | | | 298,254 | Prediction Markets | | | 2,116,958 | | | 843,750 | Robotics | | | 9,540 | | | 270,509 | Energy | | | 1,645,001 | | | - | Space Technology | | | 4,735,149 | | | 1,031,907 | Total | | $ | 20,247,297 | | $ | 13,990,161 |
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| Schedule of assets and liabilities that are measured at fair value |
The following fair value hierarchy table presents information about the assets and liabilities that are measured at fair value as of September 30, 2026: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Marketable securities | | | — | | | 189,521 | | | — | | | 189,521 | Investment - warrants | | | — | | | — | | | 54,021 | | | 54,021 | Investment - stock | | | 1,452 | | | — | | | 8,376,323 | | | 8,377,775 | Non-Fungible Token ("NFT") | | | 718 | | | — | | | — | | | 718 | | | $ | 2,170 | | $ | 189,521 | | $ | 8,430,344 | | $ | 8,622,035 |
The following fair value hierarchy table presents information about the assets and liabilities that are measured at fair value as of December 31, 2025: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Marketable securities | | | — | | | 1,856 | | | — | | | 1,856 | Investment - warrants | | | — | | | — | | | 54,021 | | | 54,021 | Investment - stock | | | 5,895 | | | — | | | 9,137,102 | | | 9,142,997 | Non-Fungible Token ("NFT") | | | 718 | | | — | | | — | | | 718 | | | $ | 6,613 | | $ | 1,856 | | $ | 9,191,123 | | $ | 9,199,592 |
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| Schedule of additional information about transfers in and out of Level 3 assets measured at fair value |
| | | | | | Investments- | | | Warrants | Fair value at December 31, 2025 | | $ | 54,021 | Receipt of warrants | | | — | Change in fair value of warrants | | | — | Fair value at September 30, 2026 | | $ | 54,021 |
| | | | | | Investments- | | | Stock | Fair value at December 31, 2025 | | $ | 9,137,102 | Receipt of stock | | | 543,639 | Impairment of stock | | | (1,304,418) | Fair value at September 30, 2026 | | $ | 8,376,323 |
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| Schedule of range of variables used in valuing Level 3 warrant assets |
| | | | | | | 2026 | | Expected life (years) | | | 0.17 -3.08 | | Risk-free interest rate | | | 3.73 | % | Expected volatility | | | 75.0 - 160.0 | % | Annual dividend yield | | | 0 | % | Underlying share values | | $ | 0.43 - 2.50 | | Strike Prices | | $ | 0.30 - $100.00 | |
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| Schedule of breakdown of the types of collectibles and their value held |
| | | | | | | | | Period Ended September 30, | | Period Ended December 31, | | | 2026 | | 2025 | | | | | | | | Wine | | $ | 278,360 | | $ | 278,360 | Trading Cards | | | 466,484 | | | 466,484 | Artwork | | | 1,322,942 | | | 1,322,942 | Comic Books | | | 240,451 | | | 240,451 | NFT | | | 718 | | | 718 | Watches | | | 53,128 | | | 53,128 | Vinovest | | | 3,636,784 | | | — | | | | | | | | Total collectibles | | $ | 5,998,867 | | $ | 2,362,083 |
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| Schedule of disaggregation of revenues |
| | | | | | | | | | | | | | | | Three Months | | Three Months | | Nine Months | | Nine Months | | | | Ended September 30, | | Ended September 30, | | Ended September 30, | | Ended September 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | Regulation Crowdfunding platform fees | | $ | 1,342,902 | | $ | 2,104,571 | | $ | 4,732,083 | | $ | 6,274,866 | | Regulation A commissions | | | 362,002 | | | 653,056 | | | 1,285,413 | | | 2,903,462 | | StartEngine Premium | | | 532,170 | | | 730,500 | | | 1,226,770 | | | 2,321,935 | | StartEngine Secure | | | 305,134 | | | 308,930 | | | 933,092 | | | 966,013 | | StartEngine Private | | | 31,160,395 | | | 17,176,974 | | | 87,511,810 | | | 75,902,512 | | Venture Club revenue | | | 1,275,393 | | | 1,440,674 | | | 3,970,751 | | | 4,174,606 | | Vinovest | | | 3,448,383 | | | — | | | 7,680,650 | | | — | | Other service revenue | | | 213,412 | | | 186,097 | | | 580,956 | | | 232,483 | | | | | | | | | | | | | | | | Total revenues | | $ | 38,639,791 | | $ | 22,600,802 | | $ | 107,921,525 | | $ | 92,775,877 | |
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| Schedule of calculation of weighted average shares outstanding - basic and diluted |
| | | | | | | | | | Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | 2026 | | | 2026 | Net income (loss) attributable to common shareholders | | $ | (3,135,982) | | $ | (3,543,612) | Weighted average shares outstanding - basic and diluted | | | 758,393,038 | | | 754,958,818 | Effect of dilutive restricted stock units | | | — | | | — | Effect of dilutive stock options | | | — | | | — | Effect of convertible preferred shares | | | — | | | — | Weighted average shares outstanding - basic and diluted | | | 758,393,038 | | | 754,958,818 | | | | | | | | Basic earnings (loss) per share | | | (0.00) | | | (0.00) | Diluted earnings (loss) per share | | | (0.00) | | | (0.00) | | | | | | | | | | | Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | 2025 | | | 2025 | Net income attributable to common shareholders | | $ | 1,161,059 | | $ | 6,156,411 | Weighted average shares outstanding - basic | | | 739,094,644 | | | 717,459,180 | Effect of dilutive stock options | | | 82,395,710 | | | 82,395,710 | Effect of convertible preferred shares | | | 399,855,900 | | | 399,855,900 | Weighted average shares outstanding - diluted | | | 1,221,346,254 | | | 1,199,710,790 | | | | | | | | Basic earnings per share | | | 0.00 | | | 0.01 | Diluted earnings per share | | | 0.00 | | | 0.01 |
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