v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from operating activities:      
Net loss $ (34,194,000) $ (21,201,000) $ (3,268,000)
Adjustments to reconcile net loss to net cash provided by / (used in) operating activities:      
Depreciation of property, plant & equipment 703,000 630,000 569,000
Depreciation of lease building & assets, net of cash paid (2,035,000)    
Amortization of intangible assets 1,523,000   1,000
Write-off gain     (2,240,000)
Impairment charge 472,318 0  
Interest and amortization of debt discount 223,000 1,003,000 689,000
Loss on debt extinguishment   100,000  
Stock-based compensation 11,261,000 148,000  
Inventory valuation allowance 34,000 (524,000) 594,000
Income from equity-method investments, net of dividends received 148,000    
Deferred tax asset write-off   3,077,000  
Income tax expense / (recovery) net of cash paid (168,000) 4,000 225,000
Other non cash expenses /(income)      
Expenses settled in equity   441,000 153,000
Unrealized and non cash foreign currency transactions (365,000) (478,000) 112,000
Reclassification to financial activities   255,000  
Changes in operating assets and liabilities, net of effects of businesses acquired / divested      
Decrease / (increase) in accounts receivables 688,000 1,451,000 (2,834,000)
Decrease / (increase) in inventories (1,101,000) 4,337,000 2,319,000
Decrease / (increase) in other current assets and prepaids, net (950,000) 423,000 275,000
Decrease / (increase) in government assistance, net (1,039,000) (528,000) (1,026,000)
Decrease / (increase) in other noncurrent assets, net (2,150,000) (189,000) (6,000)
Increase / (decrease) in accounts payable 4,558,000 2,100,000 39,000
Increase / (decrease) in deferred revenue, current 20,000 5,000  
Increase / (decrease) in income tax payable 2,000   (45,000)
Increase / (decrease) in other current liabilities, excluding stock-based compensation liability 4,720,000 1,226,000 285,000
Increase / (decrease) in deferred revenue, noncurrent (7,000)    
Increase / (decrease) in defined benefit pension liability 1,521,000 37,000 31,000
Increase / (decrease) in interest on debt owed to related parties (319,000) 167,000 35,000
Increase / (decrease) in net balance owed to related parties, excluding debt and interest on debt (11,724,000) (2,608,000) 1,347,000
Increase / (decrease) in other noncurrent liabilities (3,078,000)    
Net cash provided by / (used in) operating activities (31,257,000) (10,124,000) (2,745,000)
Cash Flows from investing activities:      
Sale / (acquisition) of property, plant and equipment (743,000) (571,000) (3,021,000)
Sale / (acquisition) of cryptocurrencies (500,000)    
Sale / (acquisition) of investment in SAFE (1,000,000)    
Sale / (acquisition) of available-for-sale debt securities (104,000)    
Sale / (acquisition) of investment, current (10,000,000)    
Acquisition of a business, net of cash and cash equivalents acquired (10,549,000)    
Acquisition of unconsolidated affiliates and unconsolidated related party affiliates (12,416,000)    
Net cash provided by / (used in) investing activities (35,312,000) (571,000) (3,021,000)
Cash Flows from financing activities:      
Proceeds from options and warrants exercises 7,401,000 17,610,000  
Proceeds from issuance of Common Stock 429,266,000 60,000,000  
Common Stock issuance costs (28,996,000) (5,936,000) (295,000)
Repayment of indebtedness to related parties (2,750,000) (1,407,000)  
Repayments of debt (2,377,000)    
Payments of debt issue costs   (1,867,000) (680,000)
Proceeds from convertible loan issuance   20,000,000 9,600,000
Acquisition of common stock for tax withholding obligations (3,025,000)    
Net cash provided by / (used in) financing activities 399,519,000 88,400,000 8,625,000
Effect of exchange rate changes on cash and cash equivalents 83,000 24,000 (21,000)
Cash and cash equivalents      
Net increase / (decrease) during the period 333,033,000 77,729,000 2,838,000
Balance, beginning of period 84,624,000 6,895,000 4,057,000
Cash and cash equivalents balance, end of period 417,657,000 84,624,000 6,895,000
Supplemental cash flow information for financing and investing activities      
Cash paid for interest, net of amounts capitalized 29,000    
Cash paid for income tax 6,000 4,000  
Noncash conversion of convertible loans into common stock   21,825,000 8,175,000
Issuance of shares in relation to the acquisition of IC'Alps 2,464,000    
Issuance of shares in relation to investments in unconsolidated affiliates 1,948,000    
Shares withheld to satisfy tax obligations 3,136,000    
ROU assets obtained from operating lease 6,312,000 $ 62,000 $ 65,000
ROU assets obtained from finance lease $ 157,000