v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 33,672,654 $ 33,820,069
Clearing deposit 100,000 132,536
Short-term investments 13,558,055 2,243,567
Stablecoins 12,771,165 2,904,894
Digital assets 1,062,499 1,122,628
Accounts receivable 123,752 300,076
Interest receivable 125,196 38,056
Other receivables 2,211,877 2,231,491
Prepaid expenses and other current assets, net 804,394 19,807
Current assets of discontinued operations 16,163 2,366,332
Total current assets 64,445,755 45,179,456
Non-current assets:    
Operating right-of-use assets, net 768,386 989,530
Property and equipment, net 14,510 7,007
Intangible assets, net 120,000 120,000
Deferred tax assets 75,779 112,832
Security deposit 63,648 63,648
Other long-term investments 122,600 122,600
Total non-current assets 1,164,923 1,415,617
TOTAL ASSETS 65,610,678 46,595,073
Current liabilities:    
Deferred revenue 638,414 230,653
Accounts payable 82,578 149,018
Other payables 2,097,974 189,000
Accrued expenses and other current liabilities 219,426 459,923
Operating lease liabilities 352,906 270,497
Current liabilities of discontinued operations 457,985
Total current liabilities 3,391,298 1,757,076
Non-current liabilities:    
Lease liabilities 513,251 780,603
Deferred tax liabilities 25,200 25,200
Total non-current liabilities 538,451 805,803
TOTAL LIABILITIES 3,929,749 2,562,879
Commitments and contingencies
Shareholders’ equity:    
Ordinary shares ($0.004 par value, 20,000,000,000 shares authorized as of September 30, 2026, 110,003,800 and 72,883,130 shares issued and outstanding as of September 30, 2026 and December 31, 2025 respectively) 440,034 291,551
Subscription receivable (882,360)
Additional paid-in capital 748,823,090 728,211,983
Accumulated deficit (687,774,595) (685,546,641)
Accumulated other comprehensive income 1,074,760 1,075,301
Total shareholders’ equity 61,680,929 44,032,194
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 65,610,678 $ 46,595,073