XML 68 R57.htm IDEA: XBRL DOCUMENT v3.25.1
Segments - Schedule of Assets, Liabilities and Equity for Reportable Segments (Details) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 29,340  
Accounts receivable, net 127,688 $ 100,621
Prepaid expenses 4,910 18,075
Other receivables 677,429 599,575
Other current assets 2,269
Total Current Assets 841,636 745,707
Other Assets:    
Property and equipment, net 2,995,690 3,254,039
Goodwill 8,139,889 8,139,889
Operating lease right-of-use assets 139,795 140,218
Other long-term assets 387,181 395,952
Total Other Assets 11,662,555  
TOTAL ASSETS 12,504,191 12,679,529
Current Liabilities:    
Cash overdraft 60,421 31,750
Accounts payable 4,531,491 4,216,194
Accrued expenses 1,333,226 1,151,803
Merchant portfolio purchase installment obligation 2,000,000 2,000,000
Related party payable 4,194,000  
Operating lease liability – current portion 46,491 46,491
Note payable – current portion 164,101 202,939
Due to/from intercompany  
Total Current Liabilities 10,119,148  
Long Term Liabilities:    
Operating lease liability – net of current portion 93,869 93,869
Total Liabilities 10,213,017  
Series A Preferred stock
Common stock 237 228
Treasury stock (109,988)  
Additional paid-in capital 71,289,720 71,098,571
Accumulated deficit (68,888,805) (67,799,807)
Total stockholders’ equity 2,291,174  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 12,504,191 12,679,529
Related Party [Member]    
Current Liabilities:    
Preferred dividend payable (related party) 574,139 543,509
Related party payable 1,183,960  
Accrued interest - related party 225,319
Series A Preferred stock    
Long Term Liabilities:    
Series A Preferred stock 10 $ 10
Fintech Segment [Member]    
Current Assets:    
Cash 29,218  
Accounts receivable, net 127,688  
Prepaid expenses 4,910  
Other receivables 278,446  
Other current assets  
Total Current Assets 440,262  
Other Assets:    
Property and equipment, net  
Goodwill 8,139,889  
Operating lease right-of-use assets 139,795  
Other long-term assets 387,181  
Total Other Assets 8,666,865  
TOTAL ASSETS 9,107,127  
Current Liabilities:    
Cash overdraft 60,421  
Accounts payable 3,941,629  
Accrued expenses 1,333,226  
Merchant portfolio purchase installment obligation 2,000,000  
Operating lease liability – current portion 46,491  
Note payable – current portion 164,101  
Due to/from intercompany (22,969,695)  
Total Current Liabilities (13,472,409)  
Long Term Liabilities:    
Operating lease liability – net of current portion 93,869  
Total Liabilities (13,378,540)  
Common stock 237  
Treasury stock (109,988)  
Additional paid-in capital 71,289,720  
Accumulated deficit (48,694,312)  
Total stockholders’ equity 22,485,667  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 9,107,127  
Fintech Segment [Member] | Related Party [Member]    
Current Liabilities:    
Preferred dividend payable (related party) 574,139  
Related party payable 1,151,960  
Accrued interest - related party 225,319  
Fintech Segment [Member] | Series A Preferred stock    
Long Term Liabilities:    
Series A Preferred stock 10  
Bitcoin Mining Segment [Member]    
Current Assets:    
Cash 122  
Accounts receivable, net  
Prepaid expenses  
Other receivables 398,983  
Other current assets 2,269  
Total Current Assets 401,374  
Other Assets:    
Property and equipment, net 2,995,690  
Goodwill  
Operating lease right-of-use assets  
Other long-term assets  
Total Other Assets 2,995,690  
TOTAL ASSETS 3,397,064  
Current Liabilities:    
Accounts payable 589,862  
Accrued expenses  
Merchant portfolio purchase installment obligation  
Operating lease liability – current portion  
Note payable – current portion  
Due to/from intercompany 22,969,695  
Total Current Liabilities 23,591,557  
Long Term Liabilities:    
Operating lease liability – net of current portion  
Total Liabilities 23,591,557  
Common stock  
Treasury stock  
Additional paid-in capital  
Accumulated deficit (20,194,493)  
Total stockholders’ equity (20,194,493)  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 3,397,064  
Bitcoin Mining Segment [Member] | Related Party [Member]    
Current Liabilities:    
Preferred dividend payable (related party)  
Related party payable 32,000  
Accrued interest - related party  
Bitcoin Mining Segment [Member] | Series A Preferred stock    
Long Term Liabilities:    
Series A Preferred stock