v3.26.1
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Intangible Assets [Abstract]  
Schedule of Intangible Assets

The Company’s intangible assets consist primarily of digital assets, including Bitcoin (“BTC”) and Ethereum (“ETH”).

 

Balance as of December 31, 2021  $14,502 
Additions of intangible assets   329 
Less: Impairment losses   (8,425)
Balance as of December 31, 2022   6,406 
Additions of intangible assets   16,025 
Less: Impairment losses   (1,035)
Balance as of December 31, 2023  $21,396 
Additions of intangible assets   9,258 
Less: Impairment losses   (781)
Balance as of December 31, 2024   29,873 
Cumulative effect upon adoption of ASU 2023-08   55,949 
Less: Change in fair value recognized in earnings   (6,723)
Balance as of December 31, 2025   79,099 
Schedule of Mining Activities

The following table presents our Bitcoin  mining activities for the year ended December 31, 2025.

 

   Number of
Bitcoins		   Amount 
         
Balance as of December 31, 2024   802.77   $26,348 
Receipt of BTC from mining services and investment income   -    - 
Cumulative effect upon adoption of ASU 2023-08   -    49,562 
Change in fair value recognized in earnings   -    (5,577)
Balance as of December 31, 2025   802.77    70,333 

 

The following table presents our Ethereum  mining activities for the year ended December 31, 2025.

 

   Number of
Ethereum		   Amount 
         
Balance as of December 31, 2024   2,949.79   $3,525 
Receipt of ETH from mining services and investment income   -    - 
Cumulative effect upon adoption of ASU 2023-08   -    6,387 
Change in fair value recognized in earnings   -    (1,146)
Balance as of December 31, 2025   2,949.79    8,766