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Under certain provisions of Accounting Standards Codification (“ASC”) 810, Consolidations (“ASC 810”), we are required to separately disclose on our consolidated balance sheets the assets of the consolidated variable interest entity (“VIE”) that are owned by the consolidated VIE and liabilities of the consolidated VIE as to which there is no recourse against us.
Loss per share attributable to common stockholders for diluted calculation is based on the basic weighted shares as these are not dilutive. The basic and diluted loss per share attributable to common stockholders are therefore the same.
Other segment items in Media are primarily composed of cost of sales, personnel costs-excluding stock-based compensation, data center and system infrastructure costs excluding depreciation, and sales and marketing.
Other segment items in Truth.Fi are primarily composed of professional fees, licensing fee, personnel costs, and marketing cost associated with the launch and operations of ETFs and SMAs.
Money market funds are reflected in cash, cash equivalents, and restricted cash in the consolidated balance sheets.
Reflected in accounts payable and accrued expenses in the consolidated balance sheets.
Reflected in equity securities in the consolidated balance sheets.
Excludes unrealized loss on digital assets pledged of $55,548.4 for the six months ended June 30, 2026.
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