v3.26.1
SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Total revenues $ 247 $ 1,041 $ 764
Inventory write-off 2,888 [1] 457 [1] 1,267
Research and development payroll 2,431 [1] 2,955 [1] 3,651
Research and development projects 354 [1] 952 [1] 1,085
Operating lease and maintenance 607 [1] 647 [1] 687
Professional Services 4,318 [1] 1,520 [1] 1,233
Directors Insurance 515 [1] 734 [1] 45
Investors relations expenses [1] 1,019    
Plant, property and equipment disposals 453 [1]
Share-based compensation expense 6,701 [1] 369 [1] (219)
Unrealized loss on digital asset 30,307 [1]
Digital asset custody and sponsor fees [1] 152    
Other segment items [1] 6,091 4,397 4,770
Net loss 55,589 10,990 11,755
Total asset 122,565 12,837 13,477 [2]
Flywheel [Member]      
Segment Reporting Information [Line Items]      
Total revenues 247 1,041 764
Inventory write-off 2,888 [1] 457 [1] 1,267
Research and development payroll 2,431 [1] 2,955 [1] 3,651
Research and development projects 354 [1] 952 [1] 1,085
Operating lease and maintenance 607 [1] 647 [1] 687
Professional Services [1] [1]
Directors Insurance [1] [1]
Investors relations expenses [1]    
Plant, property and equipment disposals [1] 453    
Share-based compensation expense (29) [1] 286 [1] (425)
Unrealized loss on digital asset [1]    
Digital asset custody and sponsor fees [1]    
Other segment items [1] 3,699 4,104 5,240
Net loss 10,156 8,360 10,741
Total asset 10,722 12,473 13,311 [2]
Corporate Segment and Other Operating Segment [Member]      
Segment Reporting Information [Line Items]      
Total revenues
Inventory write-off [1] [1]
Research and development payroll [1] [1]
Research and development projects [1] [1]
Operating lease and maintenance [1] [1]
Professional Services 4,318 [1] 1,520 [1] 1,233
Directors Insurance 515 [1] 734 [1] 45
Investors relations expenses [1] 1,019    
Plant, property and equipment disposals [1]    
Share-based compensation expense 6,730 [1] 83 [1] 206
Unrealized loss on digital asset [1] 30,307    
Digital asset custody and sponsor fees [1] 152    
Other segment items [1] 2,392 293 (470)
Net loss 45,433 2,630 1,014
Total asset $ 111,843 $ 364 $ 166 [2]
[1] Other segment items for the Flywheel Business are primarily related to cost of revenue, payroll and other costs supporting the Company’s research and development activity, patents and certain expenses that are not easily allocatable to specific functions.
[2] Flywheel Segment assets include all Company assets except digital assets, cash and cash equivalents, short term prepaid expenses and long-term prepaid expenses.