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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues    
Blockchain infrastructure revenues (net of fees) $ 4,073,518 $ 1,339,628
Total revenues 4,073,518 1,339,628
Cost of revenues    
Blockchain infrastructure costs 3,127,509 359,778
Gross profit 946,009 979,850
Operating expenses:    
General and administrative 1,672,276 1,450,724
Research and development 755,813 687,288
Compensation and related expenses 6,598,348 2,542,336
Marketing 80,993 12,153
Realized losses on crypto asset transactions 767,375 604,269
Total operating expenses 9,874,805 5,296,770
Other income (expenses):    
Change in unrealized appreciation on crypto assets 7,683,772 12,135,648
Change in fair value of warrant liabilities (54,150)
Other income 28,000
Total other income (expenses) 7,657,622 12,135,648
Net income (loss) $ (1,271,174) $ 7,818,728
Basic net income (loss) per share attributable to common stockholders $ (0.08) $ 0.55
Diluted net income (loss) per share attributable to common stockholders $ (0.08) $ 0.45
Basic weighted average number of common shares outstanding 16,263,702 14,092,233
Diluted weighted average number of common shares outstanding, basic and diluted 16,263,702 17,546,339