Note 4. Digital Assets

The following table sets forth the units held, cost basis, and fair value of ETH digital assets held, as shown on the consolidated balance sheet as of December 31, 2025 ($ in thousands):

Schedule of ETH Digital Assets

Cost basis is equal to the cost of the ETH digital assets net of any transaction fees, if any, at the time of purchase or upon receipt. Fair value represents the quoted ETH prices within the Company’s principal market at the time of measurement (5:00pm Eastern Time). As of December 31, 2024, the Company did not hold any ETH digital assets.

The following table represents a reconciliation of ETH digital assets held (in thousands):

Schedule of Reconciliation of ETH Digital Assets

Additions are the result of purchases and receipts of ETH, BTC and USDC in connection with the Private Placement Offering (see Note 1). The receipts of ETH from native staking represent the rewards earned from native staking.