Note 6. Deposit on Mining Equipment and Hosting Services

As further described in Note 1, the Company has entered into a series of mining machine purchase agreements, hosting and colocation service agreements in association with our Bitcoin mining operations which required deposits to be paid in advance of the respective asset or service being received.

As of December 31, 2025 and 2024, the Company had a total of $2 thousand and $467 thousand classified as “Deposits on mining equipment”, respectively.

As of December 31, 2025 and 2024, the Company had a total of nil and $0.2 million in prepaid hosting services and hosting deposits classified as “Prepaid expenses and other assets”, respectively.