Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 1,691,043 $ 5,536,955
Prepaid expenses and other 247,363 133,919
Total Current Assets 1,938,406 5,670,874
Digital assets at fair value 1,585,356 1,145,180
Prepaid expenses 993,701 993,701
Equipment, net 3,511 3,812
Total Assets 4,520,974 7,813,567
Current Liabilities    
Accounts payable 840,370 1,056,796
Accrued expenses 1,139,723 1,179,457
Total Current Liabilities 1,980,093 2,236,253
Total Liabilities 1,980,093 2,236,253
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock, par value $0.0001, 1,000,000 shares authorized; no shares issued or outstanding at March 31, 2026 or December 31, 2025
Common stock, par value $0.0001, 1,000,000,000 shares authorized; 2,677,835 issued and outstanding at March 31, 2026; 2,572,114 issued and 2,571,914 outstanding at December 31, 2025 269 257
Additional paid-in capital 106,700,824 106,660,090
Treasury stock (300,000)
Accumulated deficit (104,160,212) (100,783,033)
Total Stockholders’ Equity 2,540,881 5,577,314
Total Liabilities and Stockholders’ Equity $ 4,520,974 $ 7,813,567