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

Digital Assets

v3.26.1
Digital Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Digital Assets

Note 6 – Digital Assets

 

The following table sets forth the number of tokens, cost basis and fair value of digital assets held, as shown on the consolidated balance sheet as of December 31, 2025:

 

    Tokens     Cost basis     Fair value  
CHZ     27,101,000     $ 850,000     $ 1,145,180  

 

The following table represents a reconciliation of our assets and (liabilities) related to our digital assets during the year ended December 31, 2025:

 

    Year ended
December 31, 2025
 
Fair Value, January 1, 2025   $ -  
Purchases made with cash and cash equivalents     850,000  
Unrealized gains     295,180  
Fair Value, December 31, 2025   $ 1,145,180  

 

On January 12, 2026, we purchased 10,416,000 CHZ tokens for $500,000. As of March 13, 2026, we own 37,517,000 CHZ tokens, which had a fair value of $1.4 million.