v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net Income (Loss) $ (3,543,612) $ 6,156,411
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 3,585 6,987
Amortization 3,142,910 2,571,428
Realized gain on sale of asset (993,783)  
Bad debt expense 24,100 188,441
Fair value of investments - other received for fees (543,639) (1,577,486)
Impairment of investments - other received for fees 1,308,861 1,792,692
Stock-based compensation 7,603,444 6,429,936
Changes in operating assets and liabilities:    
Accounts receivable (1,770,352) 1,808,899
Other current assets (165,037) (132,671)
StartEngine Private stock purchases (72,926,440) (46,855,942)
Proceeds from sale of StartEngine Private stock 67,663,087 42,660,903
Purchase of investments- collectibles (2,507,926)  
Due from related parties (109,248)  
Accounts payable (329,115) (213,622)
Accrued liabilities (2,881,717) 227,700
Deferred revenue (12,793) 1,024,751
Net cash provided by (used in) operating activities (6,037,675) 14,088,427
Cash flows from investing activities:    
Cash acquired in acquisition of Vinovest 3,536,944  
Purchase of stock from investors (187,665)  
Purchase of property and equipment (26,886) (7,236)
Proceeds from sale of real estate   1,479,310
Net cash provided by investing activities 3,322,393 1,472,074
Cash flows from financing activities:    
Proceeds from sale of common stock 5,214,689 10,325,991
Offering costs (4,101,971) (6,006,272)
Proceeds from exercise of employee stock options 27,397 580,087
Net cash provided by financing activities 1,140,115 4,899,806
Increase (decrease) in cash and restricted cash (1,575,167) 20,460,307
Cash and restricted cash, beginning of period 28,387,261 10,842,297
Cash and restricted cash, end of period 26,812,094 31,302,604
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 353,678 $ 77,360
Non Cash Investing & Financing Activities    
Common stock issued to acquire Vinovest, Inc. $ 14,000,000