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Digital Assets
 9 Months Ended
Sep. 30, 2025
Digital Assets [Abstract]  
Digital Assets

Note 8 – Digital Assets

 

Effective January 1, 2025, the Company adopted ASU 2023-08, which requires entities to measure crypto assets at fair value with changes recognized in the condensed consolidated statement of operations each reporting period. The Company’s digital assets are within the scope of ASU 2023-08 and the transition guidance required a cumulative-effect adjustment as of the beginning of the fiscal year of adoption for any difference between the carrying amount of the Company’s digital assets and fair value. As a result of the Company’s adoption of ASU 2023-08, the Company recorded a $89,428 increase to digital assets and a $89,428 corresponding decrease to accumulated deficit on the condensed consolidated balance sheet as of the beginning of the fiscal year ended December 31, 2025.

 

The following table sets forth changes in our digital assets for the nine months ended September 30, 2025: 

 

Balance, January 1, 2025  $49,300 
Cumulative effect adjustment upon adoption of ASU 2023-08   89,428 
Purchases of Bitcoin & Ethereum   200,000 
Change in fair value of digital assets   17,289 
Balance, September 30, 2025  $356,017