The Company's financial assets are summarized below as of March 31, 2026 and December 31, 2025, with fair values shown according to the fair value hierarchy: | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | Carrying
Value | | Quoted
Prices
Level 1 | | Significant Other
Observable Inputs
Level 2 | | Significant Unobservable Inputs
Level 3 | As of March 31, 2026 | | | | | | | | | Bitcoin | $ | 42,760 | | | $ | 42,760 | | | $ | - | | | $ | - | | | Ether | 3,914 | | | 3,914 | | | - | | | - | | | Solana | 1,455 | | | 1,455 | | | - | | | - | | Other investments (1) | 700 | | | - | | | - | | | - | | | Equity security | 299 | | | 299 | | | - | | | - | | Promissory note tokens (2) | 122 | | | - | | | 122 | | | - | | | Other digital assets | 100 | | | 100 | | | - | | | - | | | Money market funds | 7 | | | 7 | | | - | | | - | | | Total | $ | 49,357 | | | | | | | | As of December 31, 2025 | | | | | | | | | Bitcoin | $ | 149,164 | | | $ | 149,164 | | | $ | - | | | $ | - | | | Ether | 5,633 | | | 5,633 | | | - | | | - | | | Solana | 1,552 | | | 1,552 | | | - | | | - | | Other investments (1) | 700 | | | - | | | - | | | - | | | Equity security | 244 | | | 244 | | | - | | | - | | | Other digital assets | 98 | | | 98 | | | - | | | - | | | Money market funds | 7 | | | 7 | | | - | | | - | | | Total | $ | 157,398 | | | | | | | |
(1) These investments are recorded at cost. (2) Refer to "Note 2 Summary of Significant Accounting Policies" and "Note 6 – Digital Assets" for further details.
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