Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk
As a smaller reporting company, we are not required to provide the information required by this Item. Notwithstanding the foregoing, our results of operations and financial condition are subject to significant market risk from changes in the fair value of our digital-asset holdings, which are measured at fair value with changes recognized in earnings, and from the equity-price and interest-rate inputs used to value our derivative liability. A hypothetical 10% decline in the fair value of our digital assets as of June 30, 2026 would have reduced our total assets and increased our net loss by approximately $11.7 million.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.