v3.26.1

Segment and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2026

Segment and Geographic Information [Abstract]

Schedule of Company’s Single Operating Segment

The following presents selected financial information with respect to the Company’s single operating segment:

		Three months ended June 30,								Six months ended June 30,
		2026				2025				2026				2025
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		$	(80,935,185	)		$	(30,224,930	)		$	(111,205,555	)			(32,875,123	)

Schedule of Revenue by Geographic Region

The following presents revenue by geographic region:

		Three months ended								Six months ended
		June 30								June 30
		2026				2025				2026				2025
United States		$	28,615,977			$	22,039,133			$	51,525,976			$	44,305,508
Canada			288,255				346,063				633,221				764,638
El Salvador			5,408,202				740,482				6,800,913				740,482
Other			6,054,302				1,958,953				6,866,422				2,980,793
		$	40,366,736			$	25,084,631			$	65,826,532			$	48,791,421

Schedule of Long Lived Assets

The Company tracks assets by physical location. Long-lived assets consists of property and equipment, net, and right-of-use assets, net, are shown below:

		As of June 30, 2026				As of December 31, 2025
Sweden		$	247,750,141			$	-
Norway			214,666,167				-
United Kingdom			145,919,790				-
United States			143,508,069				16,611,488
Portugal			121,132,736				-
Other			40,850,758				1,435,911
		$	913,827,661			$	18,047,399

X

- Definition

Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Number 210
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- Definition

Tabular disclosure of revenue attributed to country of domicile and foreign country from which revenue is derived if it is not provided as part of reportable segment information. Includes, but is not limited to, subtotal of geographical information about group of countries.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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Tabular disclosure of revenue attributed to and long-lived asset located in country of domicile and foreign country from which revenue is derived and in which asset is held, if it is not provided as part of reportable segment information. Long-lived asset excludes financial instrument, long-term customer relationship of financial institution, mortgage and other servicing rights, deferred policy acquisition cost, and deferred tax asset. Includes, but is not limited to, subtotal of geographical information about group of countries.

+ References

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