v3.26.1
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
 [1]
Current assets:    
Cash and cash equivalents $ 5,069 $ 10,008
Cash and cash equivalents held in Reserve Fund 3,120 14,209
Short-term investments [2] 2,922
Short-term investments held in Reserve Fund 11,802
Trade receivables 17 19
Prepaid expenses and other receivables 989 2,426
Receivables for sale of subsidiary 808 5,265
Total current assets 10,003 46,651
Non-current assets:    
Long-term investments held in Reserve Fund 8,314
Long-term investments 490 490
Digital assets 1,147 985
Property and equipment, net 24 185
Intangible assets, net 1,483
Goodwill 1,017
Right-of-use-assets, net 223
Total non-current assets 1,661 12,697
Total Assets 11,664 59,348
Current liabilities:    
Accounts payable and accrued expenses 4,715 1,570
Liability for Reserve Fund distribution 3,120
Lease liability 228
INX Token liability 24,258 25,833
INX Token warrant liability 660
Total current liabilities 32,093 28,291
Equity    
Ordinary shares of GBP 0.001 par value; Authorized: 100,000,000 shares at December 31, 2025, and 2024; Issued and Outstanding: 47,635,875 shares. 60 60
Share premium 49,474 49,474
Contribution to equity by controlling shareholder 10,236 9,908
Other comprehensive income 591
Accumulated deficit (80,199) (28,976)
Total Equity (20,429) 31,057
Total Liabilities and Equity $ 11,664 $ 59,348
[1] After retrospective application of SAB 122 – see Note 3a
[2] Classified as level 1 inputs in the fair value hierarchy.