Reported a net loss of $46.7 million for the first quarter of 2026, compared to a $2.8 million loss in the same period of 2025. Operating expenses rose significantly to $35.7 million, driven largely by $25.4 million in stock-based compensation. Successfully eliminated $50 million in convertible debt through a combination of cash repayment and equity conversion. Strengthened liquidity with $37.2 million in net proceeds from a January 2026 underwritten public offering. Consolidated Streamex Ltd. as a variable interest entity, holding $15.2 million in gold bullion to support the GLDY Token program.