| Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis |
Our financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 are as follows: | | | June 30, 2026 | | | | | Level 1 | | | Level 2 | | | Level 3 | | | Total | | | Assets | | | | | | | | | | | | | | Financial instruments owned | | | | | | | | | | | | | | Equities(1) | | $ | 1,307,361 | | | $ | – | | | $ | – | | | $ | 1,307,361 | | | U.S Treasury Bills(2) | | | 74,584,645 | | | | – | | | | – | | | | 74,584,645 | | | FX forward contract(1) | | | 43,503 | | | | – | | | | – | | | | 43,503 | | | Customer-held fractional shares | | | 223,802,727 | | | | – | | | | – | | | | 223,802,727 | | | Total financial assets | | $ | 299,738,236 | | | $ | – | | | $ | – | | | $ | 299,738,236 | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | | | | | | Financial instruments sold not yet purchased | | | | | | | | | | | | | | | | | | Equity options(3) | | $ | 29,540 | | | $ | – | | | $ | – | | | $ | 29,540 | | | Fractional share repurchase obligation(3) | | | 223,802,727 | | | | – | | | | – | | | | 223,802,727 | | | Total financial liabilities | | $ | 223,832,267 | | | $ | – | | | $ | – | | | $ | 223,832,267 | | | (1) | Fair value of financial instruments owned are classified within prepaid expenses and other current assets on the condensed consolidated statements of financial position. | | (2) | Represents U.S. Treasury Bills with an original maturity of less than 90 days and are included within cash and cash equivalents segregated under federal and foreign requirements within our condensed consolidated statements of financial position. | | (3) | Fair value of obligation is classified within payables due to customers on the condensed consolidated statements of financial position. | Our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 are as follows: | | | December 31, 2025 | | | | | Level 1 | | | Level 2 | | | Level 3 | | | Total | | | Assets | | | | | | | | | | | | | | Financial instruments owned | | | | | | | | | | | | | | Equities(1) | | $ | 1,390,290 | | | $ | – | | | $ | – | | | $ | 1,390,290 | | | U.S Treasury Bills(2) | | | 349,038,044 | | | | – | | | | – | | | | 349,038,044 | | | FX forward contract(1) | | | 21,538 | | | | – | | | | – | | | | 21,538 | | | Customer-held fractional shares | | | 172,309,953 | | | | – | | | | – | | | | 172,309,953 | | | Total financial assets | | $ | 522,759,825 | | | $ | – | | | $ | – | | | $ | 522,759,825 | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | | | | | | Financial instruments sold not yet purchased | | | | | | | | | | | | | | | | | | Equity options(3) | | $ | 1,115 | | | $ | – | | | $ | – | | | $ | 1,115 | | | Fractional share repurchase obligation(3) | | | 172,309,953 | | | | – | | | | – | | | | 172,309,953 | | | Total financial liabilities | | $ | 172,311,068 | | | $ | – | | | $ | – | | | $ | 172,311,068 | | | (1) | Fair value of financial instruments owned are classified within prepaid expenses and other current assets on the condensed consolidated statements of financial position. | | (2) | Represents U.S. Treasury Bills with an original maturity of less than 90 days and are included within cash and cash equivalents segregated under federal and foreign requirements within our condensed consolidated statements of financial position. | | (3) | Fair value of these obligation are classified within payables due to customers on the condensed consolidated statements of financial position. |
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