v3.26.1
Note 2 - Liquidity
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Substantial Doubt about Going Concern [Text Block]

Note 2 - Liquidity

 

As of March 31, 2026, the Company had $2,130,000 in cash and cash equivalents, $7,209,000 in digital assets, and working capital of $8,723,000. For the three months ended March 31, 2026, the Company recorded net income of $1,697,000, investing activities provided $522,000 in net cash, and the Company used net cash of $650,000 in operating activities.

 

The Company believes its existing cash and cash equivalents, and the fair value of its TAO tokens (if converted to cash), will be sufficient to fund the Company's operations and meet the Company's working capital requirements for at least the next twelve months from the date of this Report.