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Digital Assets (Non-Fungible and Other Intangible Digital Assets)
12 Months Ended
Dec. 31, 2025
Digital Assets Non-fungible And Other Intangible Digital Assets  
Digital Assets (Non-Fungible and Other Intangible Digital Assets)

Note 5 - Digital Assets (Non-Fungible and Other Intangible Digital Assets)

 

The Company holds certain digital assets that are accounted for as indefinite-lived intangible assets, which primarily consist of NFTs.

 

As of December 31, 2025, the carrying value of these assets was approximately $42,000 and accumulated impairment losses totaled approximately $150,000.

 

Activity Rollforward

 

The following table presents the activity of the Company’s digital assets accounted for as indefinite-lived intangible assets:

 

      
December 31, 2024 – Carrying Value  $- 
Purchases   191,256 
Impairment losses   (149,566)
December 31, 2025 – Carrying Value  $41,690 

 

Impairment losses of approximately $150,000 were recognized during the year ended December 31, 2025 and are included in Impairment loss on non-fungible tokens in the statements of operations.