Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 5,536,955 $ 1,191,325
Prepaid expenses and other 133,919 687,829
Total Current Assets 5,670,874 1,879,154
Digital assets at fair value 1,145,180
Prepaid expenses 993,701 1,274,442
Equipment, net 3,812 5,016
Operating lease right-of-use assets, net 70,677
Total Assets 7,813,567 3,229,289
Current Liabilities    
Current maturities of lease liability 73,020
Accounts payable 1,056,796 880,880
Accrued expenses 1,179,457 578,731
Total Current Liabilities 2,236,253 1,532,631
Liabilities, Noncurrent [Abstract]    
Non-current lease liability 487
Total Liabilities 2,236,253 1,533,118
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock, par value $0.0001, 1,000,000 shares authorized; no shares issued or outstanding at December 31, 2025 or 2024
Common stock, par value $0.0001, 1,000,000,000 shares authorized; 2,572,114 issued and 2,571,914 outstanding at December 31, 2025 and 148,308 issued and 148,108 outstanding at December 31, 2024 257 15
Additional paid-in capital 106,660,090 89,215,355
Treasury stock, 200 shares at cost (300,000) (300,000)
Accumulated deficit (100,783,033) (87,219,199)
Total Stockholders’ Equity 5,577,314 1,696,171
Total Liabilities and Stockholders’ Equity $ 7,813,567 $ 3,229,289