v3.25.3
Condensed Consolidated Statement of Operations (unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2025 |
Sep. 30, 2024 |
Sep. 30, 2025 |
Sep. 30, 2024 |
|
| REVENUE | ||||
| Total Net Revenues | $ 2,989,001 | $ 1,761,434 | $ 5,402,806 | $ 5,309,907 |
| COST OF REVENUE | ||||
| Total Cost of Revenue | 1,156,998 | 1,131,691 | 3,071,830 | 3,523,831 |
| Total Gross Profit | 1,832,003 | 629,743 | 2,330,976 | 1,786,076 |
| OPERATING EXPENSES | ||||
| Sales and Marketing | 1,023,935 | 1,271,063 | 4,311,244 | 3,758,713 |
| General and Administrative | 1,956,900 | 1,438,770 | 8,268,702 | 4,632,016 |
| Total Operating Expenses | 2,980,835 | 2,709,833 | 12,579,946 | 8,390,729 |
| Operating Income / (Loss) | (1,148,832) | (2,080,090) | (10,248,970) | (6,604,653) |
| OTHER INCOME / (EXPENSE) | ||||
| Interest Expense | (497,975) | (661,643) | (1,616,498) | (1,897,299) |
| Change in Fair Value of Intangible Digital Assets | 245,841,410 | 0 | 245,841,410 | 0 |
| Gain on Investment | 0 | 0 | 0 | 3,421,222 |
| Gain on Extinguishment of Debt | 1,673,127 | 0 | 1,673,127 | 0 |
| Change in Fair Value of Convertible Notes | 0 | 29,288 | 0 | 8,324,198 |
| Change in Fair Value of Warrant Liabilities | 0 | (720,550) | 0 | 1,734,308 |
| Change in Fair Value of Contingency Liability | (62,424) | 0 | (62,424) | 457,127 |
| Other Income / (Expense) | (114,619) | 64 | (220,960) | 656 |
| Total Other Income / (Expense) | 246,839,519 | (1,352,841) | 245,614,655 | 12,040,212 |
| Income / (Loss) Before Income Taxes | 245,690,687 | (3,432,931) | 235,365,685 | 5,435,559 |
| Income Taxes | (49,426,794) | 0 | (49,429,916) | (9,150) |
| Net Income / (Loss) | $ 196,263,893 | $ (3,432,931) | $ 185,935,769 | $ 5,426,409 |
| Net Income / (Loss) Per Share, Basic (in dollars per share) | $ 16.97 | $ (160.41) | $ 43.58 | $ 247.40 |
| Weighted Average Common Shares Outstanding, Basic (in shares) | 11,555,389 | 22,097 | 4,236,733 | 21,428 |
| Net Income / (Loss) Per Share, Diluted (in dollars per share) | $ 16.97 | $ (160.41) | $ 43.58 | $ (62.42) |
| Weighted Average Common Shares Outstanding, Diluted (in shares) | 11,555,389 | 22,097 | 4,236,733 | 228,991 |
| Products | ||||
| REVENUE | ||||
| Total Net Revenues | $ 815,514 | $ 1,375,230 | $ 2,714,012 | $ 4,051,087 |
| COST OF REVENUE | ||||
| Total Cost of Revenue | 1,074,878 | 1,117,516 | 2,972,030 | 3,428,979 |
| Distillery Services | ||||
| REVENUE | ||||
| Total Net Revenues | 264,943 | 386,204 | 780,250 | 1,258,820 |
| COST OF REVENUE | ||||
| Total Cost of Revenue | 28,778 | 14,175 | 46,458 | 94,852 |
| Crypto and Related | ||||
| REVENUE | ||||
| Total Net Revenues | 1,908,544 | 0 | 1,908,544 | 0 |
| COST OF REVENUE | ||||
| Total Cost of Revenue | $ 53,342 | $ 0 | $ 53,342 | $ 0 |
| X | ||||||||||
- Definition Change In Fair Value Of Contingency Liability No definition available.
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- Definition Change In Fair Value Of Convertible Notes No definition available.
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- Definition Change In Fair Value Of Intangible Digital Assets No definition available.
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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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- References No definition available.
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- Definition The amount of net income (loss) for the period 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) for 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 expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 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 nonoperating. 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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- 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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- References No definition available.
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. 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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