v3.26.1

Segment and Geographic Information - Schedule of Company’s Single Operating Segment (Details) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Schedule of Company’s Single Operating Segment [Line Items] |  |  |  |
Revenues | $ 40,366,736 | $ 25,084,631 | $ 65,826,532 | $ 48,791,421
Expenses |  |  |  |
Programming and content | 23,219,979 | 21,072,163 | 45,732,134 | 45,824,817
Other cost of services | 7,387,088 | 5,470,144 | 11,872,116 | 10,753,664
General and administrative | 16,327,551 | 11,666,331 | 26,724,111 | 28,300,054
Research and development | 6,795,275 | 4,825,884 | 12,535,189 | 9,614,995
Sales and marketing | 10,379,335 | 7,891,526 | 18,911,816 | 11,530,452
Acquisition-related transaction costs | 28,314,638 | 2,388,105 | 33,161,645 | 2,388,105
Amortization and depreciation | 16,289,896 | 3,602,160 | 20,267,766 | 6,894,869
Changes in fair value of digital assets | 2,435,937 | (5,192,441) | 6,501,540 | (3,493,025)
Total expenses | 111,149,699 | 51,723,872 | 175,706,317 | 111,813,931
Loss from operations | (70,782,963) | (26,639,241) | (109,879,785) | (63,022,510)
Interest income | 742,622 | 2,898,945 | 2,628,065 | 5,083,231
Other expense | (4,831,299) | (22,773) | (4,867,685) | (47,377)
Changes in fair value of contingent consideration | (486,931) |  | (486,931) |
Changes in fair value of warrant liability | (5,672,458) | (6,461,861) | 1,327,928 | 15,442,843
Changes in fair value of derivative | 283,991 |  | 283,991 | 9,700,000
Loss before income taxes | (80,747,038) | (30,224,930) | (110,994,417) | (32,843,813)
Income tax expense | (184,149) |  | (207,140) | (31,310)
Deferred tax expense | (3,998) |  | (3,998) |
Net loss for the period | $ (80,935,185) | $ (30,224,930) | $ (111,205,555) | $ (32,875,123)

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