v3.25.2
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
Income Statement [Abstract]        
Revenue $ 24,855 $ 181 $ 50,338 $ 229
Costs and expenses:        
Cost of revenue 21,088 34 42,075 86
Selling, general and administrative 2,895 3,798 4,865 8,128
Total costs and expenses 23,983 3,832 46,940 8,214
Operating income (loss) 872 (3,651) 3,398 (7,985)
Other income (expenses):        
Other income, net 3,130 154 4,311 158
Gain (loss) from change in fair value of financial instruments 99 (2,755) (750) (2,982)
Interest expense, net (1,229) (1,230) (3,629) (2,368)
Other income (expenses), net 2,000 (3,831) (68) (5,192)
Income (loss) before provision for income taxes and discontinued operations 2,872 (7,482) 3,330 (13,177)
Provision for incomes taxes 189 9 287 15
Net income (loss) from continuing operations 2,683 (7,491) 3,043 (13,192)
Net income (loss) from discontinued operations, net of taxes 919 (9,427) 1,014 (21,116)
Net income (loss) $ 3,602 $ (16,918) $ 4,057 $ (34,308)
Basic and diluted net loss per share:        
Net loss per share from continuing operations, basic (in dollars per share) $ 1.03 $ (6.38) $ 1.36 $ (11.28)
Net loss per share from continuing operations, diluted (in dollars per share) 0.55 (6.38) 0.85 (11.28)
Net loss per share from discontinued operations, basic (in dollars per share) 0.35 (8.03) 0.45 (18.06)
Net loss per share from discontinued operations, diluted (in dollars per share) 0.20 (8.03) 0.23 (18.06)
Net loss per share, basic (in dollars per share) 1.39 (14.41) 1.82 (29.34)
Net loss per share, diluted (in dollars per share) $ 0.75 $ (14.41) $ 1.08 $ (29.34)
Weighted average common shares outstanding:        
Weighted average common share outstanding, basic (in shares) 2,592,878 1,174,385 2,229,573 1,169,319
Weighted average common share outstanding, diluted (in shares) 4,661,101 1,174,385 4,506,376 1,169,319