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Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Net cash flows used in operating activities:    
Net income (loss) $ 52,201,644 $ (3,511,070)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation expense 2,693 4,475
Stock-based compensation 3,850,662 1,887,800
Blockchain infrastructure revenue (8,676,357) (1,751,735)
DeFi revenue (726,843)
Builder payments (non-cash) 8,115,551 615,035
Blockchain network fees (non-cash) 10,050
Change in fair value of warrant liabilities 587,813 (195,937)
Purchase of non-productive crypto assets (191,256)
Amortization on debt discount and issuance costs 754,394
Realized losses on crypto assets transactions 8,567,681 (176,050)
Change in unrealized (appreciation) depreciation of crypto assets (67,987,220) 237,052
Changes in operating assets and liabilities:    
Stablecoins (292,088) (19,353)
Prepaid expenses and other current assets (90,768) (322,287)
Receivable for capital shares sold 291,440
Accounts payable and accrued expenses 16,391 211,769
Accrued compensation (2,855,467) 340,555
Accrued interest 681,173
Net cash used in operating activities (6,031,947) (2,388,306)
Cash flows from investing activities:    
Purchase of productive crypto assets for validating (199,858,288) (31,300)
Sale of productive crypto assets 3,431,427 562,405
Purchase of investments (400,000)
Purchase of property and equipment (8,022)
Sale of property and equipment 1,750
Net cash provided by (used in) investing activities (196,833,133) 531,105
Cash flow from financing activities:    
Net proceeds from issuance common stock/ At-the-market offering 135,160,842 653,340
Payments for shares repurchased (3,000,000)
Proceeds from issuance of convertible notes, net 16,843,500
Proceeds from Defi borrowing 57,947,000
Payments to Defi borrowing (1,447,000)
Payments of debt issuance costs (130,989)
Net cash provided by financing activities 205,373,353 653,340
Net (decrease)/increase in cash 2,508,273 (1,203,861)
Cash, beginning of period 1,977,778 1,458,327
Cash, end of period 4,486,051 254,466
Supplemental disclosure of non-cash investing and financing activities:    
Series V Preferred Stock Distribution 180,688
Cash paid for interest 300,392
Non-cash discount on convertible notes 1,017,026
Extinguishment of USDT-denominated debt via on-chain protocol 1,500,000
Issuance of GHO-denominated debt via on-chain protocol (1,500,000)
Issuance of common stock upon non-cash exercise of warrants and stock options $ 8,134,516