Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Income Statement [Abstract] | ||||||
| Revenues | $ 2,742 | $ 12,032 | $ 7,153 | $ 21,452 | ||
| Cost of revenues | 1,827 | 10,203 | 4,873 | 17,118 | ||
| Gross profit (loss) | 915 | 1,829 | 2,280 | 4,334 | ||
| Operating expenses: | ||||||
| Selling, general and administrative | 2,604 | 8,929 | 5,905 | 17,578 | ||
| Impairment of goodwill | 4,271 | |||||
| Operating loss | (1,689) | (7,100) | (3,625) | (17,515) | ||
| Other income (expense): | ||||||
| Interest expense, net | (768) | (642) | (2,191) | (3,337) | ||
| Loss on warrants issued during private placement | (7,432) | |||||
| Gain on change in fair value of warrant liability | 1,296 | 5,211 | 1,060 | 14,618 | ||
| Gain on change in fair value of derivative liability | 647 | 589 | ||||
| (Reversal of) Bargain purchase gain | (836) | 32,072 | ||||
| Others | 21 | (2) | 30 | |||
| Total other income, net | 549 | 4,378 | (1,101) | 36,510 | ||
| (Loss) income before income taxes | (1,140) | (2,722) | (4,726) | 18,995 | ||
| Income tax (expenses) benefits | (12) | 5,675 | (12) | 732 | ||
| Net (loss) income | $ (1,152) | $ 2,953 | $ (4,738) | $ 19,727 | ||
| (Loss) earnings per share of common stock: | ||||||
| Basic | $ (0.14) | $ 0.42 | $ (0.59) | $ 3.02 | ||
| Diluted | $ (0.14) | $ 0.31 | $ (0.59) | $ 2.62 | ||
| Weighted average shares outstanding* | ||||||
| Basic | [1] | 8,412,955 | 6,964,255 | 8,039,954 | 6,527,751 | |
| Diluted | [1] | 8,412,955 | 7,812,957 | 8,039,954 | 7,376,454 | |
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- Definition Business combination bargain purchase gain (loss) recognized amount. No definition available.
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- Definition (Loss) gain on change in fair value of warrant liability. No definition available.
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- Definition Loss on warrants issued for private placements. 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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- References No definition available.
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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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- References No definition available.
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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 Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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 operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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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- 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 income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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