| Balance Sheets | 2026-06-30 | |||
|---|---|---|---|---|
| Cash | 853,788 | |||
| Marketable securities | 43,110 | |||
| Prepaid expenses and other assets | 759,533 | |||
| Finance receivables | 3,272 | |||
| Digital assets - current (note 2) | 751,547 | |||
| Digital assets - collateral (note 2) | 5,500,000 | |||
| Digital assets receivable, net (note 2) | 10,183,164 | |||
| Galaxy loan derivative asset (note 4) | 979,600 | |||
| Income tax receivable | 0 | |||
| Current assets | 19,074,014 | |||
| Gross fixed assets | 29,040,080 | |||
| Less accumulated depreciation | 20,419,617 | |||
| Fixed assets, net (note 3) | 8,620,463 | |||
| Intangible assets, net (note 3) | 6,196,193 | |||
| Deposits on mining equipment | 14,974 | |||
| Investment in seastar medical holding corporation | 37,986 | |||
| Digital assets - long-term (note 2) | 0 | |||
| Digital assets - collateral (note 2) | 2,200,000 | |||
| Rou assets - operating lease | 222,163 | |||
| Rou assets - finance lease | 394,936 | |||
| Right of use assets (note 5) | 617,099 | |||
| Other assets | 325,988 | |||
| Long-term assets | 18,012,703 | |||
| Total assets | 37,086,717 | |||
| Accounts payable and accrued expenses | 1,515,657 | |||
| Note payable - short-term (note 4) | 6,588,035 | |||
| Master digital currency loan (note 4) | 10,809,494 | |||
| Due to related parties (note 7) | 76,826 | |||
| Current portion of lease liability (note 5) | 207,472 | |||
| Total current liabilities | 19,197,484 | |||
| Note payable - long-term (note 4) | 1,952,752 | |||
| Lease liability - net of current portion (note 5) | 411,972 | |||
| Long-term liabilities | 2,364,724 | |||
| Total liabilities | 21,562,208 | |||
| Preferred stock, par value .001 150,000,000 shares authorized no shares issued and outstanding as of june 30, 2026 and december 31, 2025 | 0 | |||
| Common stock, par value .001 350,000,000 shares authorized 934,662 and 564,940 shares issued and outstanding as of june 30, 2026 and december 31, 2025 | 935 | |||
| Additional paid-in capital | 124,528,398 | |||
| Accumulated deficit | -107,266,452 | |||
| Total powercompute stockholders' equity | 17,262,881 | |||
| Non-controlling interest | -1,738,372 | |||
| Total stockholders' equity | 15,524,509 | |||
| Total liabilities and stockholders equity | 37,086,717 | |||
POWERCOMPUTE, INC. (PWCM)
POWERCOMPUTE, INC. (PWCM)