Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Current Assets:
Cash and cash equivalents	$ 385,542	$ 899,784
Accounts receivable	41,308	29,974
Other current receivables	1,837,414	1,309,053
Other current assets		246,134
Prepaid expenses	320,163	110,934
Total Current Assets	2,584,427	2,595,879
Other Assets:
Intangible assets, net	21,262,575
Goodwill	24,118,676	24,118,676
Total Other Assets	45,381,251	45,955,964
Total Assets	47,965,678	48,551,843
Current Liabilities:
Accounts payable	4,070,656	3,381,500
Accrued expenses	1,281,649	1,434,826
Accrued dividend payable	1,729,084	1,647,820
Deferred consideration	6,250,000	6,250,000
Notes payable	2,355,416	2,027,184
Operating lease liabilities	135,609	135,609
Total Current Liabilities	16,231,727	15,159,321
Deferred tax liability	4,241,302	4,559,000
Total Liabilities	20,473,029	19,718,321
Stockholders' Equity:
Common stock - Par value $0.0001 per share; 100,000,000 shares authorized; 6,108,264 and 4,224,146 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively.	611	422
Additional paid-in capital	230,808,909	228,558,107
Shareholder receivable	(163,500)
Accumulated deficit	(212,105,618)	(208,780,662)
Non-controlling interest	5,012,283	5,126,029
Cumulative translation adjustment	49,334	38,996
Total Stockholders' Equity	23,602,023	24,942,896
Total Liabilities, Mezzanine Equity and Stockholders' Equity	47,965,678	48,551,843
Related Party
Current Liabilities:
Other current liabilities	265,252	267,512
Nonrelated Party
Current Liabilities:
Other current liabilities	144,061	14,870
Developed technology, net
Other Assets:
Intangible assets, net	18,328,350	18,810,675
Customer relations, net
Other Assets:
Intangible assets, net	2,161,875	2,233,938
Trade name, net
Other Assets:
Intangible assets, net	772,350	792,675
Series G preferred stock
Mezzanine Equity:
Total Mezzanine Equity	3,890,626	3,890,626
Series B preferred stock
Current Liabilities:
Accrued dividend payable	1,700,000	1,600,000
Stockholders' Equity:
Preferred stock	0	0
Series C Preferred Stock
Stockholders' Equity:
Preferred stock	0	0
Series D Preferred Stock
Stockholders' Equity:
Preferred stock	0	0
Series E Preferred Stock
Stockholders' Equity:
Preferred stock	0	0
Series F Preferred Stock
Stockholders' Equity:
Preferred stock	0	0
Series H Preferred Stock
Stockholders' Equity:
Preferred stock	$ 4	$ 4

GridAI Technologies Corp. 10-Q