v3.26.1
Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
Common Stock
Additional Paid-in Capital
(Accumulated Deficits)/ Retained Earnings
Total
Balance at Dec. 31, 2023 [1] $ 56,348,650 [1] $ (11,640,274) [1] $ 44,708,376
Balance (in Shares) at Dec. 31, 2023 [1],[2] 13,126      
Issuance of common stocks to advisors and former executives 1,974,140 1,974,140
Issuance of common stocks to advisors and former executives (in Shares) [2] 2,056      
Issuance of common stocks for the acquisition of an associate company 13,396,000 13,396,000
Issuance of common stocks for the acquisition of an associate company (in Shares) [2] 19,700      
Net income 21,543,250 21,543,250
Gain from discontinuing operation 6,296 6,296
Balance at Dec. 31, 2024 71,718,790 9,909,272 81,628,062
Balance (in Shares) at Dec. 31, 2024 [2] 34,882      
Issuance of common stocks for acquisition of digital assets 145,958,167 145,958,167
Issuance of common stocks for acquisition of digital assets (in Shares) [2] 2,146,444      
Restricted shares vested
Restricted shares vested (in Shares) [2] 2,370,000      
Share-based compensation 76,797,982 76,797,982
Share-based compensation (in Shares) [2]      
Issuance of common stocks for a third party investor 8,030,250 8,030,250
Issuance of common stocks for a third party investor (in Shares) [2] 300,000      
Issuance of common stocks for fractional share elimination 740,776 (740,776)
Issuance of common stocks for fractional share elimination (in Shares) [2] 31,230      
Net income     143,164,948 143,164,948
Balance at Dec. 31, 2025 $ 303,245,965 $ 152,333,444 $ 455,579,409
Balance (in Shares) at Dec. 31, 2025 [2] 4,882,556      
[1] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinuing operation under ASC 205-20. The Company retrospectively adjusted the above comparative statements of change in stockholders’ equity for the year ended December 31, 2024. (Note 17)
[2] On September 16, 2025, the Company effected a 200-for-1 reverse stock split of its common stock, resulting in the consolidation of every two hundred issued and outstanding shares into one share. The reverse stock split reduced the number of outstanding shares from approximately 566,265,135 to approximately 2,862,556.