v3.26.1
Consolidated Statement of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
REVENUE    
Total Net Revenues $ 10,119,387 $ 8,402,488
COST OF REVENUE    
Total Cost of Revenue 4,559,297 6,276,641
Gross Profit 5,560,090 2,125,847
OPERATING EXPENSES    
Sales and Marketing 5,497,018 6,038,636
General and Administrative 12,414,810 11,006,021
Change in Fair Value of Intangible Digital Assets 118,199,949 0
Restructure Costs 3,392,744 0
Total Operating Expenses 139,504,521 17,044,657
Operating Income / (Loss) (133,944,431) (14,918,810)
OTHER INCOME / (EXPENSE)    
Interest Expense (1,642,234) (2,535,701)
Impairment (Loss) / Gain on Investment (3,357,027) 3,421,222
Gain on Extinguishment of Debt 1,673,127 0
Change in Fair Value of Convertible Notes 0 14,028,067
Change in Fair Value of Warrant Liabilities 0 736,580
Change in Fair Value of Contingency Liability (62,424) 0
Other Income / (Expense) (390,816) (11,750)
Total Other Income / (Expense) (3,779,374) 15,638,418
Income / (Loss) Before Income Taxes (137,723,805) 719,608
Income Taxes 8,490 (9,150)
Net Income / (Loss) $ (137,715,315) $ 710,458
Net Income / (Loss) Per Share, Basic (in dollars per share) $ (16.03) $ 0.98
Weighted Average Common Shares Outstanding, Basic (in shares) 8,619,951 64,066
Net Income / (Loss) Per Share, Diluted (in dollars per share) $ (16.03) $ (39.46)
Weighted Average Common Shares Outstanding, Diluted (in shares) 8,619,951 353,887
Crypto and Related    
REVENUE    
Total Net Revenues $ 4,951,565 $ 0
COST OF REVENUE    
Total Cost of Revenue 234,590 0
Spirits Products    
REVENUE    
Total Net Revenues 4,198,887 6,614,933
COST OF REVENUE    
Total Cost of Revenue 4,258,037 6,173,189
Spirits Services    
REVENUE    
Total Net Revenues 968,935 1,787,555
COST OF REVENUE    
Total Cost of Revenue $ 66,670 $ 103,452

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