Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets

v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 1,720 $ 2,338
Prepaid expenses and other current assets 107 219
Total Current Assets 1,827 2,557
Operating lease right-of-use assets 73 99
Digital assets 325 0
Intangible asset 2,039 2,039
Other assets 3 3
TOTAL ASSETS 4,267 4,698
Current Liabilities    
Accounts payable and accrued liabilities 3,868 1,676
Due to related parties 32 61
Operating lease liabilities - current portion 39 35
Accrued interest - convertible notes 46 0
Convertible notes 875 0
Total Current Liabilities 4,860 1,772
Operating lease liabilities 40 69
TOTAL LIABILITIES 4,900 1,841
STOCKHOLDERS' EQUITY    
Preferred Stock, par value $0.001, 69,444 shares authorized, 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024 0 0
Common Stock, par value $0.001, 500,000,000 shares authorized and 1,555,493 and 567,582 shares issued and outstanding as of September 30, 2025, and December 31, 2024, respectively 2 1
Additional paid-in capital 58,491 53,194
Accumulated deficit (58,849) (50,136)
Accumulated other comprehensive loss (277) (202)
TOTAL STOCKHOLDERS' (DEFICIT) EQUITY (633) 2,857
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 4,267 $ 4,698