Balance Sheet

v3.26.1

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 3,263,540	$ 4,981,798
Restricted cash	110,562	110,264
Marketable securities	3,416,475	3,168,362
Prepaid expenses and other current assets	1,176,058	951,175
Total current assets	7,966,635	9,211,599
Operating lease – right-of-use asset	172,853	227,171
Digital assets	1,335,336	1,948,999
Deposits and other assets	16,149	20,883
Total assets	9,490,973	11,408,652
Current liabilities:
Accounts payable	818,789	916,685
Accrued expenses and other current liabilities	535,559	476,592
Current portion lease obligation – operating lease	224,424	250,517
Total current liabilities	1,578,772	1,643,794
Derivative liability	25,000	19,000
Lease obligation - operating lease, net of current portion		33,225
Total liabilities	1,603,772	1,696,019
Stockholders’ equity:
Preferred stock, value
Common Stock ($0.0001 par value; authorized – 1,200,000,000 and 200,000,000 shares as of March 31, 2026, and December 31, 2025, respectively; issued and outstanding – 1,455,975 and 1,455,975 shares as of March 31, 2026, and December 31, 2025, respectively)	146	146
Additional paid-in capital	141,769,305	141,884,878
Accumulated deficit	(140,589,138)	(138,174,663)
Total stockholders’ equity	1,180,313	3,710,361
Total liabilities, mezzanine equity and stockholders’ equity	9,490,973	11,408,652
Series H-7 Convertible Preferred Stock [Member]
Mezzanine equity:
Redeemable preferred stock, value	1,375,892	1,551,232
Series I Convertible Preferred Stock [Member]
Mezzanine equity:
Redeemable preferred stock, value	5,330,996	4,451,040
Series H Convertible Preferred Stock [Member]
Stockholders’ equity:
Preferred stock, value
Convertible Preferred Stock Series H-3 [Member]
Stockholders’ equity:
Preferred stock, value
Series H-6 Convertible Preferred Stock [Member]
Stockholders’ equity:
Preferred stock, value

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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