v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net loss $ (55,165,253) $ (2,518,986)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of original issue discount 1,316,251 155,409
Depreciation and amortization 3,346,657
Impairment of goodwill 34,295,079
Realized loss on equity investment 41,000
Unrealized loss on equity investment 33,500
Change in fair value of convertible debt (433,707)
Gain on extinguishment of liabilities (576,124) (757,854)
Equity-based compensation 2,614,878 6,249
Inventory write-down 122,594
Allowance for doubtful accounts 13,403
Changes in operating assets and liabilities    
Accounts receivable 30,678 151,732
Inventories 43,305 125,379
Prepaid expenses and other 12,775 9,113
Interest receivable (41,991) (36,888)
Accounts payable (131,207) 632,634
Accrued compensation (278,179)
Accrued creator commissions 25,758
Settlement payable (389,036) (101,241)
Accrued expenses (101,466) (357,208)
Accrued sales tax 147,073
Deferred revenue (2,400,048) (1,488)
Net cash used in operating activities (17,520,963) (1,931,830)
Cash flows from investing activities    
Cash acquired through Amaze Software acquisition (Note 2) 593,688
Capitalized fees from FoodChannel acquisition (Note 2) (28,942)
Capitalized internally developed software (158,513)
Issuance of notes receivable (1,099,000) (3,500,000)
Net cash used in investing activities (692,767) (3,500,000)
Cash flows from financing activities    
Proceeds from debt net of issuance costs 5,764,609 542,500
Proceeds from Series B preferred stock – net of issuance costs 4,751,137
Proceeds from Series C preferred stock – net of issuance costs 703,047
Repayment of debt (3,325,386) (42,500)
Deferred offering costs (105,973)
Warrants issued in conjunction with debt 422,961
Commencement shares issued with debt 162,246
Issuance of common stock from Equity Line of Credit – net of issuance costs 9,514,496
Issuance of common stock from At-The-Market Offering – net of issuance costs 7,796,793
Net cash provided by financing activities 20,932,793 5,251,137
Net decrease in cash 2,719,063 (180,693)
Cash and restricted cash - beginning of year 155,647 336,340
Cash and restricted cash - end of year 2,847,710 155,647
Supplemental disclosure of non-cash activities investing and financing activities:    
Acquisition through issuance of Series D preferred stock and Merger Warrants 42,259,709
Acquisition of FoodChannel through issuance of convertible debt 408,000
Repayment of debt with investment 425,500
Forgiveness of note receivable and interest with note payable and interest with Acquisition 4,478,181
Warrants issued in conjunction with debt 422,961 223,305
Issuance cost in conjunction with name change 56,667
Accrued Series A dividends 167,133 163,055
Series A preferred dividends converted to common stock 145,804 9,717
Accrued expenses converted to Series C preferred stock and warrants $ 82,020

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