v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Revenues $ 1,967,148 $ 299,065
Cost of revenues 396,636 304,884
Gross income (loss) 1,570,512 (5,819)
Selling, general and administrative expenses 15,707,331 3,112,840
Equity-based compensation 2,614,878 6,249
Depreciation and amortization 3,346,657
Impairment of goodwill 34,295,079
Operating loss (54,393,433) (3,124,908)
Other income (expense)    
Other income (expense) 11,424 36,977
Interest expense (1,738,315) (155,409)
Realized loss on equity investment (54,760)
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
Total other income (expense) (771,820) 605,922
Net loss (55,165,253) (2,518,986)
Preferred dividends – Series A 167,133 163,055
Net loss attributable to common stockholders $ (55,332,386) $ (2,682,041)
Weighted average shares outstanding    
Basic 6,768,474 700,651
Diluted 6,768,474 700,651
Net loss per share - basic $ (8.18) $ (3.83)
Net loss per share - diluted $ (8.18) $ (3.83)

Source