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Segments (Tables)

6 Months Ended

Jun. 30, 2025

Segments [Abstract]

Schedule of Reportable Segments

The following tables detail revenue, operating expenses, and assets, liabilities and equity for the Company’s reportable segments as of and for the six months ended June 30, 2025.

		Fintech Segment				Bitcoin Mining Segment				Consolidated Total
ASSETS
Current Assets:
Cash		$	2,611			$	51			$	2,662
Accounts receivable, net			81,040				—				81,040
Other receivables			378,882				398,983				777,865
Other current assets			6,229				7,810				14,039
Total Current Assets			468,762				406,844				875,606

Other Assets:
Property and equipment, net			—				2,870,752				2,870,752
Goodwill			8,139,889				—				8,139,889
Operating lease right-of-use assets			118,869				—				118,869
Other long-term assets			380,952				—				380,952
Total Other Assets			8,639,710				2,870,752				11,510,462

TOTAL ASSETS		$	9,108,472				3,277,596			$	12,386,068

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Cash overdraft		$	26,451			$	—			$	26,451
Accounts payable			3,167,201				616,294				3,783,495
Accrued expenses			57,360				—				57,360
Merchant portfolio purchase installment obligation			2,000,000				—				2,000,000
Operating lease liability – current portion			45,742				—				45,742
Due to/from intercompany			(23,344,847	)			23,344,847
Total Current Liabilities			(18,048,093	)			23,961,141				5,913,048
Long Term Liabilities:
Operating lease liability – net of current portion			73,741				—				73,741
Total Liabilities			(17,974,352	)			23,961,141				5,986,789

Stockholders’ Equity:
Series A Preferred stock			—				—				—
Common stock			837				—				837
Common stock to be issued			748,001								748,001
Treasury stock			(109,988	)			—				(109,988	)
Additional paid-in capital			77,548,548				—				77,548,548
Accumulated deficit			(51,104,574	)			(20,683,545	)			(71,788,119	)
Total stockholders’ equity			27,066,320				(20,683,545	)			6,399,279
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$	9,108,472				3,277,596			$	12,386,068

The following tables detail revenue and expenses for the Company’s reportable segments as of and for the six months ended June 30, 2025.

		Fintech Segment				Bitcoin Mining Segment				Consolidated Total
Revenue:
Transaction and processing fees		$	4,154,619			$	—			$	4,154,619
Merchant equipment rental and sales			16,687				—				16,687
Revenue, net - bitcoin mining			—				145,672				145,672
Other revenue from monthly recurring subscriptions			142,996				—				142,996
Digital product revenue			128,753				—				128,753
Total revenue			4,443,055				145,672				4,588,727

Operating expenses:
Processing and servicing costs, excluding merchant portfolio amortization			3,773,128				—				3,773,128
Amortization expense			3,972				—				3,972
Depreciation expense			—				379,316				379,316
Salaries and wages			1,072,397				511,573				1,583,970
Professional fees			294,306				117,833				412,139
General and administrative expenses			789,496				192,131				981,627
Total operating expenses			5,993,299				1,200,853				7,134,152

Loss from operations			(1,490,244	)			(1,055,181	)			(2,545,425	)

Other income (expense):
Interest expense			(395,124	)			—				(395,124	)
Loss on conversion related party			(175,763	)			—				(175,763	)
Loss on extinguishment of debt			(52,000	)			—				(52,000	)
Other expense			(45,000	)			—				(45,000	)
Total other income			(667,887	)			—				(667,887	)

Net loss			(2,158,131	)			(1,055,181	)			(3,213,312	)

Deemed Preferred dividends (related party)			(775,000	)			—				(775,000	)
Preferred dividends (related party)			(30,630	)			—				(30,630	)

Net Loss Applicable to Common Stockholders’		$	(2,296,761	)		$	(1,055,181	)		$	(4,018,942	)

The following tables detail revenue and expenses for the Company’s reportable segments as of and for the six months ended June 30, 2024.

For the Six Months Ended June 30, 2024
		Fintech Segment				Bitcoin Mining Segment				Consolidated Total
Revenue:
Transaction and processing fees		$	4,772,402			$	—			$	4,772,402
Merchant equipment rental and sales			48,123				—				48,123
Revenue, net - bitcoin mining			—				263,936				263,936
Other revenue from monthly recurring subscriptions			253,894				—				253,894
Digital product revenue			1,678,981				—				1,678,981
Total revenue			6,753,400				263,936				7,017,336

Operating expenses:
Processing and servicing costs, excluding merchant portfolio amortization			5,726,272				—				5,726,272
Amortization expense			196,309				112,499				308,808
Depreciation expense			55,376				1,537,815				1,593,191
Salaries and wages			1,195,408				510,128				1,705,536
Professional fees			1,022,797				190,501				1,213,298
General and administrative expenses			1,308,923				663,956				1,972,879
Total operating expenses			9,505,085				3,014,899				12,519,984

Loss from operations			(2,751,685	)			(2,750,963	)			(5,502,648	)

Other income (expense):
Realized gain on sale of bitcoin			—				225,229				225,229
Unrealized gain on investment			—				274,731				274,731
Interest expense			(45,942	)							(45,942	)
Total other income			(45,942	)			499,960				454,018

Net loss			(2,797,627	)			(2,251,003	)			(5,048,630	)

Preferred dividends (related parties)			(62,281	)			—				(62,281	)

Net Loss Applicable to Common Shareholders		$	(2,859,908	)		$	(2,251,003	)		$	(5,110,911	)