v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,981,798 $ 16,035,475
Restricted cash 110,264 164,682
Marketable securities 3,168,362 4,089,832
Prepaid expenses and other current assets 951,175 972,245
Total current assets 9,211,599 21,262,234
Operating lease – right-of-use asset 227,171 429,819
Digital assets 1,948,999
Deposits and other assets 20,883 46,665
Total assets 11,408,652 21,738,718
Current liabilities:    
Accounts payable 916,685 1,863,045
Accrued expenses and other current liabilities 476,592 793,819
Accrued preferred stock redemption payable (H-7) 1,285,680
Current portion lease obligation – operating lease 250,517 219,085
Total current liabilities 1,643,794 4,161,629
Derivative liability 19,000 2,661,000
Warrant liability 2,362,900
Lease obligation - operating lease, net of current portion 33,225 283,742
Total liabilities 1,696,019 9,469,271
Stockholders’ equity:    
Preferred Stock, value
Common Stock, ($0.0001 par value; authorized – 1,200,000,000 and 200,000,000 shares as of December 31, 2025, and December 31, 2024, respectively; issued and outstanding – 1,455,975 and 533,842 shares as of December 31, 2025, and December 31, 2024, respectively) 146 53
Additional paid-in capital 141,884,878 121,767,394
Accumulated deficit (138,174,663) (117,085,518)
Total stockholders’ equity 3,710,361 4,681,929
Total liabilities, mezzanine equity and stockholders’ equity 11,408,652 21,738,718
Series H-7 Convertible Preferred Stock [Member]    
Current liabilities:    
Accrued preferred stock redemption payable (H-7) 1,285,680
Mezzanine equity:    
Redeemable Preferred Stock, value 1,551,232 7,587,518
Series I Convertible Preferred Stock [Member]    
Mezzanine equity:    
Redeemable Preferred Stock, value 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

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