v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Net (loss) income $ (6,034) $ 10,284
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 9,506 5,173
Unrealized loss of crypto assets held 112 0
Impairment of crypto assets held 0 1,779
Credit loss expense 0 798
Realized loss on crypto assets, net 17 22
Bitcoin payments for expenses 616 3,680
Bitcoin received from independent Bitcoin ATM operators [affiliates program] (1,350) 0
Loss on disposal of property and equipment 63 0
Non-cash loss on extinguishment of debt 5,283 0
Deferred income tax (526) 518
Changes in operating assets and liabilities:    
Crypto assets held (1,698) (8,335)
Accounts receivable (2,742) (1,512)
Prepaid expenses and other assets (1,173) (2,292)
Liability for cash held for customers 3,665 (133)
Accounts payable and other liabilities 6,879 7,694
Net cash provided by operating activities 12,618 17,676
Investing activities    
Purchases of property and equipment (1,470) (6,775)
Capitalized software (2,504) (3,037)
Net cash used in investing activities (3,974) (9,812)
Financing activities:    
Proceeds from debt 721 456
Repayment of debt (3,648) (4,841)
Payments in reduction of financing leases 0 (1,150)
Payments in reduction of equipment notes payable (8,150) (3,132)
Proceeds from issuance of stock 0 57
Net cash used in financing activities (11,077) (8,610)
Effect of exchange rate changed on cash and cash equivalents (29) 14
Net decrease in cash and cash equivalents (2,462) (732)
Cash, cash equivalents and restricted cash, beginning of period 17,628 18,360
Total cash, cash equivalents and restricted cash 15,166 17,628
Cash, cash equivalents, and restricted cash consisted of the following:    
Cash and cash equivalents 11,379 17,506
Restricted cash held for customers 3,787 122
Supplemental disclosure of cash flow information:    
Cash paid for interest 810 711
Leased assets obtained in exchange for operating lease liabilities 9,656 17,797
Leased assets obtained due to remeasurement of lease term 0 6,115
Supplemental schedule of non-cash investing and financing activities:    
Property and equipment purchased in accounts payable 12 73
Software development purchased in accounts payable 0 2,499
Short-term debt replacing equipment financing 9,000 0
Accounts payable refinanced with equipment notes payable 0 2,500
Purchase of property and equipment under finance lease 0 693
Purchase of property and equipment financed with equipment notes payable 0 9,778
Imputed interest on property and equipment financed with equipment notes payable 0 1,585
Bitcoin used to buy property and equipment 2,430 181
Bitcoin used to pay interest 0 1,037
Bitcoin and Stablecoin used for other payments $ 170 $ 1,853