v3.26.3
Segment Reporting
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting

Note 14 - Segment Reporting

 

The Company has two reportable segments: (i) the toy business consisting of design, development and manufacture (through third parties) of toys and souvenir items and (ii) digital assets, consisting of investing for growth in the appreciation of the asset and staking the tokens to produce income to the Company.

 

Gross profit (loss) is the segment performance measure the CODM uses to assess the Company’s reportable segments.

 

The toys and souvenir items (“Products”) generate revenue from the sale of the Products to theme parks and entertainment venues and direct sales through Amazon and other direct channels. Cost of revenue consists primarily of direct manufacturing costs and freight and shipping.

 

The digital assets have nominal costs associated with income generated through staking.

 

The following table presents segment revenue and segment gross profit for the three and nine Months ended September 30, 2026 and 2025 reviewed by the CODM:

 

   2026   2025   2026   2025 
   Three Months Ended September 30,   Nine Months Ended September 30, 
   2026   2025   2026   2025 
                 
Revenue from Toy sales  $1,187,490   $1,104,293   $3,940,791   $3,536,856 
Cost of sales   813,295    806,395    2,957,708    2,680,220 
Gross profit   374,195    297,898    983,083    856,636 
                     
Income from digital assets                    
Unrealized gain on digital assets   16,325,956    13,959,967    37,431,287    16,114,038 
Unrealized income from staking activities   3,180,424    2,258,770    9,512,852    2,303,539 
Realized (loss) gain from TRX to sTRX conversion   (106,228)   -    212,768    - 
Total income from digital assets   19,400,152    16,218,737    47,156,907    18,417,577 
                     
Operating (expenses)   (947,549)   (954,646)   (2,688,884)   (2,904,962)
Net interest income   67,333    66,787    192,706    80,794 
Net income before taxes   18,894,131    15,628,776    45,643,812    16,450,045 
Deferred income tax   3,972,631    3,454,510    6,226,015    3,454,510 
Net income  $14,921,500   $12,174,266   $39,417,797   $12,995,535 

 

Assets and liabilities are not separately analyzed or reported to the CODM and are not used to assist in decisions surrounding resource allocation and assessment of segment performance. As such, an analysis of segment assets and liabilities has not been included in this financial information.