XML 104 R4.htm IDEA: XBRL DOCUMENT v3.25.2
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended 8 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Revenues:          
Service revenues $ 725,648 $ 840,611 $ 1,541,664 $ 1,625,896  
Consulting revenues (related party) 0 100,000 0 200,000  
Operating expenses          
General and administrative expenses (1,889,175) (550,224) (2,462,714) (1,059,126) $ (238)
Total revenues 725,648 940,611 1,541,664 1,825,896  
Total operating expenses (2,021,751) (700,385) (2,723,024) (1,340,638) 238
Net loss (3,866,169) (172,819) (4,163,376) (339,908) $ (238)
Basic and Diluted net loss per common share-Class B         $ (2.38)
Weighted average number of Class B common shares outstanding - Basic and Diluted         100
Cost of revenues:          
Cost of revenues 402,930 411,139 813,580 821,288  
Total cost of revenues 402,930 411,139 813,580 821,288  
Gross profit 322,718 529,472 728,084 1,004,608  
Selling and marketing 110,085 143,735 231,512 256,594  
General and administrative 1,889,175 550,224 2,462,714 1,059,126 $ 238
Research and development 22,491 6,426 28,798 24,918  
Total operating expenses 2,021,751 700,385 2,723,024 1,340,638 $ (238)
(Loss) from operations (1,699,033) (170,913) (1,994,940) (336,030)  
Change in fair value of warrants 1,540,424 0 (1,540,424) 0  
Change in fair value of crypto assets 182,665 0 182,665 0  
Change in fair value of convertible debt 260,630 0 260,630 0  
Financing cost 473,500 0 473,500 0  
Staking rewards 6,548 0 6,548 0  
Interest and other expense (43,435) (1,906) (44,735) (3,878)  
Total other income (expense) (2,128,776) (1,906) (2,130,076) (3,878)  
(Loss) before provision for income taxes (3,827,809) (172,819) (4,125,016) (339,908)  
Provision for income taxes 38,360 0 38,360 0  
Basic and diluted net income per share-Class B Common Stock* $ (2,653,308) $ (103,059) $ (2,693,397) $ (202,702)  
Class A [Member]          
Operating expenses          
Basic and Diluted net loss per common share-Class B   $ (60,502) $ (1,274,499) $ (118,997)  
Weighted average number of Class B common shares outstanding - Basic and Diluted 1,000,000 1,000,000 1,000,000 1,000,000  
Cost of revenues:          
Basic and diluted net income per share-Preferred Stock-Series A* $ (1,051,573) $ (9,258) $ (195,026) $ (18,209)  
Weighted average shares outstanding-Preferred Stock-Series B* $ 2,328   $ 2,328    
Basic and diluted net income per share-Preferred Stock-Series B* $ (375) 0 $ (454) 0  
Class B [Member]          
Cost of revenues:          
Weighted average shares outstanding-Class A Common Stock* $ 6,535,014 $ 6,535,014 $ 6,535,014 $ 6,535,014  
Weighted average shares outstanding-Class B Common Stock* 16,489,015 11,131,864 13,810,439 11,131,864