v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUE:    
Total revenue $ 20,834 $ 19,242
OPERATING COSTS AND EXPENSES:    
Selling, general and administrative 3,913 2,776
Depreciation and amortization 2,661 3,131
Loss on digital assets 1,621 988
Loss on sale of assets 62 137
Gain on insurance proceeds 0 (399)
Total operating costs and expenses 25,385 21,631
Operating loss (4,551) (2,389)
OTHER INCOME (EXPENSE), NET:    
Interest expense, net (167) (2,855)
Loss on liquidation of subsidiary 0 (348)
Gain on settlement of related party liability 37 0
Other income, net 97 18
Total other income (expense), net (33) (3,185)
Loss from operations before income taxes (4,584) (5,574)
Benefit from income taxes 0 (10)
Net loss (4,584) (5,564)
Comprehensive Loss    
Net loss (4,584) (5,564)
Reclassification of foreign currency translation adjustment realized upon liquidation of foreign subsidiary 0 348
Comprehensive loss $ (4,584) $ (5,216)
Net loss per share:    
Basic (in dollars per share) $ (0.29) $ (0.40)
Diluted (in dollars per share) $ (0.29) $ (0.40)
Weighted Average Shares Outstanding    
Basic (in shares) 15,955,000 13,938,000
Diluted (in shares) 15,955,000 13,938,000
Datacenter hosting    
REVENUE:    
Total revenue $ 366 $ 5,829
OPERATING COSTS AND EXPENSES:    
Cost of revenue 880 6,191
Cryptocurrency mining    
REVENUE:    
Total revenue 1,802 4,226
OPERATING COSTS AND EXPENSES:    
Cost of revenue 3,242 3,082
Power and capacity    
REVENUE:    
Total revenue 18,666 9,187
OPERATING COSTS AND EXPENSES:    
Cost of revenue $ 13,006 $ 5,725