Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
| Condensed Consolidated Statements of Operations | ||||
| Revenues | $ 8,217 | $ 14,465 | $ 17,052 | $ 30,368 |
| Operating expenses: | ||||
| Cost of revenues | 739 | 1,255 | 1,677 | 2,501 |
| Engineering and product development | 1,237 | 1,440 | 2,552 | 2,578 |
| Sales and marketing | 3,154 | 3,456 | 6,195 | 7,131 |
| General and administrative | 5,140 | 2,964 | 10,034 | 5,832 |
| Litigation contingency | 29,750 | |||
| Total operating expenses | 10,270 | 9,115 | 50,208 | 18,042 |
| (Loss) income from operations | (2,053) | 5,350 | (33,156) | 12,326 |
| Interest (expense) income, net | (1,145) | 714 | (1,948) | 1,534 |
| Impairment of investments | (1,135) | |||
| Change in fair value of notes held for investment | 128 | 128 | ||
| Change in fair value of intangible digital assets | 83,761 | (5,055) | 41,932 | (5,055) |
| Other income (expense), net | 82,616 | (4,213) | 38,849 | (3,393) |
| Pre-tax income | 80,563 | 1,137 | 5,693 | 8,933 |
| Income tax provision | 13,630 | 1,126 | 3,463 | 2,849 |
| Net income | $ 66,933 | $ 11 | $ 2,230 | $ 6,084 |
| Net income per share, basic | $ 5.71 | $ 0 | $ 0.21 | $ 0.88 |
| Weighted average number of shares used in computing basic net income per share | 11,727,660 | 6,944,664 | 10,661,851 | 6,918,709 |
| Net income per share, diluted | $ 5.04 | $ 0 | $ 0.25 | $ 0.78 |
| Weighted average number of shares used in computing diluted net income per share | 13,484,746 | 7,795,149 | 12,260,223 | 7,789,101 |
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- Definition The amount is related to Engineering and product development. No definition available.
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- Definition The fair adjustments in notes held for investment. No definition available.
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- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earning or other comprehensive income. No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrealized gain (loss) from remeasurement of crypto asset, classified as nonoperating. Excludes crypto asset held for platform user. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of loss from litigation settlement for amount awarded to other party. Excludes claims within an insurance entity's normal claims settlement process. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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