| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 21,905,767 | 6,925,244 | 10,790,850 | |
| Accounts receivable | 3,321,426 | 659,325 | 32,120 | |
| Compute prepayments | 11,148,981 | - | - | |
| Other prepaid expense and current assets | 873,423 | 337,955 | 280,904 | |
| Digital assets | 11,268,342 | 20,233,245 | 24,439,598 | |
| Digital asset receivable | 7,547,221 | 9,436,590 | 7,226,475 | |
| Current assets of discontinued operations | - | - | 0 | |
| Total current assets | 56,065,160 | 37,592,359 | 42,769,947 | |
| Compute prepayments, net of current portion | 22,946,761 | - | - | |
| Digital asset receivable, net of current portion | 2,745,004 | 5,929,022 | 8,258,681 | |
| Property, plant, and equipment gross | 19,150,533 | 2,050,427 | 2,029,427 | |
| Less accumulated depreciation | 1,858,660 | 1,833,571 | 1,806,299 | |
| Property and equipment, net | 17,291,873 | 216,856 | 223,128 | |
| Lease right-of-use assets | 1,180,560 | 1,336,597 | 1,487,703 | |
| Other long-term assets | 146,598 | 147,742 | 148,887 | |
| Non-current assets of discontinued operations | - | - | 0 | |
| Total assets | 100,375,956 | 45,222,576 | 52,888,346 | |
| Accounts payable | 2,494,038 | 1,345,926 | 1,840,608 | |
| Note payable | 413,611 | 27,210 | 107,951 | |
| Accrued expenses and other liabilities | 1,425,113 | 1,387,359 | 1,520,518 | |
| Contract liabilities | 33,645,987 | 786,316 | 144,076 | |
| Lease liability | 708,159 | 680,470 | 653,743 | |
| Current liabilities of discontinued operations | - | - | 0 | |
| Total current liabilities | 38,686,908 | 4,227,281 | 4,266,896 | |
| Contract liabilities, net of current portion | 27,108,685 | - | - | |
| Lease liability, net of current portion | 535,168 | 724,535 | 904,495 | |
| Non-current liabilities of discontinued operations | - | - | 0 | |
| Total liabilities | 66,330,761 | 4,951,816 | 5,171,391 | |
| Series b convertible preferred stock, .01 par value, 2,300,000 shares authorized, 79,246 shares outstanding as of june 30, 2026 and december 31, 2025 | 792 | 792 | 792 | |
| Common stock, .01 par value, 200,000,000 shares authorized, 11,384,940 and 4,083,173 shares outstanding as of june 30, 2026, and december 31, 2025, respectively | 113,849 | 55,393 | 40,832 | |
| Additional paid-in capital | 472,366,853 | 461,444,992 | 461,196,805 | |
| Accumulated deficit | -438,436,299 | -421,230,417 | -413,521,474 | |
| Total stockholders equity | 34,045,195 | 40,270,760 | 47,716,955 | |
| Total liabilities and stockholders equity | 100,375,956 | 45,222,576 | 52,888,346 | |
Axe Compute Inc. (AGPU)
Axe Compute Inc. (AGPU)