Cash Flow

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net loss from operations $ (112,176,808) $ (2,926,887)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 308,670 498,847
Unrealized loss on digital assets 86,498,895 0
Digital asset revenue (11,227,130) 0
Digital asset revenue conversion to USD 4,771,563 0
Loss on digital asset revenue conversion to USD 341,599 0
Amortization of loan costs 0 2,571
Impairment on assets from manufacturing shut down 1,422,289 0
Amortization of deferred financing costs 1,748,299 0
Stock-based compensation 14,057,071 173,876
Changes in assets and liabilities    
Accounts receivable (437,037) (554,721)
Inventory 424,597 (804,873)
Prepaid expenses and other assets (1,074,739) 410,598
Operating lease assets and liabilities, net 1,966 36,946
Accounts payable and accrued liabilities 2,844,746 (98,699)
Deferred revenue 34,132 (96,294)
Net cash used in operating activities (12,461,887) (3,358,636)
Cash flows from investing activities    
Proceeds from the sale of building 0 4,005,516
Proceeds from the sale of E-core 0 2,000,000
Proceeds from the sale of MW Products assets 175,000 0
Acquisition of digital assets (36,225,236) 0
Acquisition of royalty interest (750,000) 0
Acquisition of property and equipment (32,278) (167,410)
Net cash (used in) provided by investing activities (36,832,514) 5,838,106
Cash flows from financing activities    
Proceeds from issuance of common stock 60,000,000 0
Payments of equity issuance costs (3,743,654) 0
Repurchases of common stock (799,277) 0
Proceeds from exercise of pre-funded warrants 7,889 0
Proceeds from exercise of warrants 100,000 0
Repayment of related party advance 0 (100,000)
Payments of debt issuance costs (7,628,942) 0
Repayment on note payable on building 0 (2,634,538)
Net cash provided by (used in) financing activities 47,936,016 (2,734,538)
Net decrease in cash (1,358,385) (255,068)
Cash, beginning of period 2,975,150 661,415
Cash, end of period 1,616,765 406,347
Supplemental Cash Flow Disclosures    
Interest paid 2,503,125 294,634
Income tax paid 0 0
Non-cash Investing and Financing Activities    
Issuance of common stock for the repayment of convertible notes payable 1,174,010 0
Issuance of convertible debt for digital assets acquired 151,169,169 0
Issuance of short-term debt for digital assets acquired $ 42,695,723 $ 0

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