Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash from operating activities:    
Net loss $ (3,492,245) $ (2,079,663)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 144,146 712,388
Gain on sale of investments (52,302)
Inventory write-off 25,000
Provision for credit losses, accounts receivable 65,312
Stock based compensation 1,379,329 995,647
Stock issued for services 95,000 50,000
Amortization of debt discount related to warrant liabilities 269,311
Amortization of operating lease right of use asset - Office Lease 100,125 91,142
Amortization of right of use asset - land 9,441
Amortization of lease right of use asset - Edge Data Centers 75,633
Changes in assets and liabilities:    
   Accounts receivable (1,873,290) (106,053)
   Accounts receivable-related parties 4,616,018 (1,466,191)
Lease receivable 8,666
   Contract assets (3,030,666) (64,684)
   Inventory 10,624
   Prepaid expenses and other current assets 181,191 (42,467)
   Accounts payable (413,128) (271,304)
   Accrued expenses 190,563 77,879
   Operating lease obligation - Office Lease (108,919) (94,956)
   Operating lease obligation - land 3,501
   Financing lease obligations - Edge Data Centers 33,680
   Contract liabilities, Services and Consulting (2,921)
Contract liabilities, Technology Systems (42,028) (187,165)
Contract liabilities, CN Digital Agreement (548,121)
Contract liabilities, Technology Solutions 1,764,421
   Contract liabilities, related parties (904,125) (2,154,125)
Net cash used in operating activities (1,361,911) (4,673,425)
Cash flows from investing activities:    
Purchase of patents/trademarks (11,212) (9,264)
Deposits on equipment (41,230,217)
Purchase of marketable securities (29,693,638)
Sale of marketable securities 29,745,940
Purchase of property and equipment (572,359)
Net cash used in investing activities (41,189,127) (581,623)
Cash flows from financing activities:    
   Repayments on financing agreements (231,420) (136,606)
   Repayments of notes payable, related parties (1,000,000)
   Proceeds from common stock issued 64,999,995 3,954,940
   Proceeds from exercise of stock options 16,025 107,925
   Stock issuance costs (4,675,000) (138,226)
Net cash provided by financing activities 60,109,600 2,788,033
Net increase (decrease) in cash 17,558,562 (2,467,015)
Cash, beginning of period 15,472,229 6,266,296
Cash, end of period 33,030,791 3,799,281
Supplemental Disclosure of Cash Flow Information:    
Interest paid 3,865
Taxes paid 15,945
Supplemental Non-Cash Investing and Financing Activities:    
Notes issued for financing of insurance premiums 671,833 249,448
Transfer of inventory to property and equipment 49,609
Initial ROU asset and liability 256,765
Stock issuance costs related to warrants issued with equity offerings $ 2,305,016