Income Statement
v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Revenue | ||||
| Revenue | $ 2,908,527 | $ 4,005,492 | $ 6,064,655 | $ 8,362,007 |
| Digital asset revenue | 5,143,513 | 0 | 11,227,130 | 0 |
| Total revenue | 8,052,040 | 4,005,492 | 17,291,785 | 8,362,007 |
| Cost of revenue | 1,340,881 | 1,031,386 | 2,297,626 | 2,457,833 |
| Gross profit | 6,711,159 | 2,974,106 | 14,994,159 | 5,904,174 |
| Operating expenses | ||||
| Sales and marketing | 915,841 | 949,963 | 1,983,396 | 1,991,388 |
| Distribution costs | 924,201 | 1,276,422 | 1,811,797 | 2,732,147 |
| General and administrative | 5,522,786 | 1,548,590 | 14,779,994 | 2,916,280 |
| Unrealized loss on digital assets | 164,495,019 | 0 | 86,498,895 | 0 |
| Crypto Asset, Realized Gain (Loss), Operating | 341,599 | 0 | 341,599 | 0 |
| Stock-based compensation | 8,300,673 | 32,578 | 14,057,071 | 173,876 |
| Amortization of acquired intangible assets | 19,190 | 19,190 | 38,380 | 38,380 |
| Impairment on assets from manufacturing shut down | 1,422,289 | 0 | 1,422,289 | 0 |
| Depreciation | 134,388 | 220,562 | 270,290 | 460,467 |
| Total Operating Expenses | 182,075,986 | 4,047,305 | 121,203,711 | 8,312,538 |
| Loss from operations | (175,364,827) | (1,073,199) | (106,209,552) | (2,408,364) |
| Other expense, net | ||||
| Interest expense, net | (3,604,709) | (228,111) | (6,304,092) | (518,523) |
| Other income, net | 44,606 | 0 | 336,836 | 0 |
| Other expense, net | (3,560,103) | (228,111) | (5,967,256) | (518,523) |
| Loss on operations before income tax | (178,924,930) | (1,301,310) | (112,176,808) | (2,926,887) |
| Income tax benefit (expense) | 0 | 0 | 0 | 0 |
| Net loss | $ (178,924,930) | $ (1,301,310) | $ (112,176,808) | $ (2,926,887) |
| Basic loss per share: | ||||
| Loss per share | $ (2.94) | $ (1.24) | $ (1.93) | $ (2.80) |
| Diluted loss per share: | ||||
| Loss per share | $ (2.94) | $ (1.24) | $ (1.93) | $ (2.80) |
| Basic weighted average shares outstanding | 60,829,603 | 1,045,429 | 58,085,114 | 1,045,429 |
| Fully diluted weighted average shares outstanding | 60,829,603 | 1,045,429 | 58,085,114 | 1,045,429 |
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- References No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized gain (loss) from remeasurement of crypto asset, classified as operating. Excludes crypto asset held for platform user. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of unrealized gain (loss) from remeasurement of crypto asset, classified as operating and nonoperating. Excludes crypto asset held for platform user. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of paid and unpaid cash, stock, and paid-in-kind dividends declared for award under share-based payment arrangement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- References No definition available.
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense related to the production and distribution of goods or services to customers and clients. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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