v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net income/(loss) $ (6,486) $ 21,078
Loss attributable to noncontrolling interest (820) 0
Income/(loss) from discontinued operations, net of tax 0 45,832
Loss from continuing operations (7,306) (24,754)
Adjustments to reconcile loss from continuing operations to net cash provided by/(used in) operations:    
Depreciation and accretion 593 215
Amortization of debt discount 2,022 891
Development costs (0) 748
Debt issuance cost of convertible debt 0 1,641
Gain (loss) on foreign currency exchange rates 228 (700)
Stock compensation costs 2,160 0
Share-based compensation to third parties 213 321
Fair value movement of convertible debt 3,967 (67)
Debt Restructuring Costs 753 (0)
Fair value movement of warrant liability 1,564 565
Fair value movement of FPA asset (0) 483
Loss on issuance of debt 35 520
Costs associated with legal actions for liabilities 1,232 (0)
Net gain on settlement of liabilities (596) 0
Loss on extinguishment of debt 3,187 0
Gain on extinguishment of debt 0 (179)
Impairment of asset (0) 3,263
Impairment for amounts due from related party 561 0
Loss on settlement of SAA with Hover 2,025 (0)
Other Expenses 131 0
Gain on disposal of assets (15,513) 1,301
Non-cash operating lease assets 0 35
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable and other short-term receivables 0 (28)
Prepaid expenses and other assets 0 1,029
Accounts payable 1,223 12,794
Accrued liabilities 3,057 (109)
Payable to/from related party 1,107 0
Operating lease liabilities 0 (61)
Net Cash (used in) Operating Activities (2,485) (3,222)
Net Cash provided by Operating Activities - Discontinued Operations 0 95,592
Cash Flows from Investing Activities:    
Purchases of property and equipment 0 (1,485)
Sales of property and equipment 0 0
Capitalized Cost 0 0
Construction in Process 0 (194)
Net Cash (used in) Investing Activities 0 (1,679)
Net Cash provided by Investing Activities - Discontinued Operations 0 23,088
Cash Flows from Financing Activities:    
Proceeds from debt 2,377 6,782
Payments of debt principal (21) (5,599)
Net Cash provided by Financing Activities 2,356 1,183
Net Cash (used in) Financing Activities - Discontinued Operations 0 (137,729)
Effect of exchange rate on cash 0 (1,636)
Net increase/(decrease) in cash (129) (24,403)
Cash beginning of the year 161 24,564
Cash end of the year 32 161
Supplemental Cash Flow Disclosure    
Interest (net of capitalized interest of $2,792 and $397 respectively) 0 6,099
Taxes 0 0
Non-cash investing and financing activities:    
Shares issued in settlement of debt and other liabilities 467 9,840
Shares issued for stock compensation to third parties 443 321
EverOn Energy LLC [Member]    
Non-cash investing and financing activities:    
Fair value of noncontrolling interest contributed for 49% of EverOn 20,411  
Fair value of 20,000 Series B Convertible Preferred Shares 30,523  
OASIS system contributed as Additional paid in capital 860  
Capitalized costs contributed 5,150  
Total consideration 56,944  
Rescission of the Liion Transaction [Member]    
Non-cash investing and financing activities:    
Intangible assets 1,665  
Accounts payable (70)  
Non-Convertible Debt, Short Term , net of debt discount (433)  
Non-Convertible Debt, Long Term (1,129)  
Loss on transaction 34  
Discontinued Operations, Disposed of by Sale [Member] | MH02 and Italian SPV's [Member]    
Non-cash investing and financing activities:    
Cash 47  
Net Taxes Recoverable 347  
Due from / to related parties (18)  
Capitalized costs 3,815  
Accounts payable (150)  
Accrued liabilities (544)  
Taxes payable (13)  
Non-Convertible Debt, Short Term (15,994)  
Gain (loss) on foreign currency exchange rates 546  
(Gain) on disposal (11,965)  
Due from/to related parties 18  
(Gain) on disposal 11,965  
Discontinued Operations, Disposed of by Sale [Member] | Spanish Assets [Member]    
Non-cash investing and financing activities:    
Due from / to related parties (18)  
Accounts payable (196)  
Accrued liabilities (195)  
Taxes payable (1)  
Non-Convertible Debt, Short Term (2,773)  
(Gain) on disposal (3,582)  
Due from/to related parties 18  
Operating Leases Short Term (29)  
Capital Leases, Long Term (407)  
(Gain) on disposal 3,582  
LiiON [Member]    
Non-cash investing and financing activities:    
Fair value of Series B Convertible Preferred shares issued for settlement of SAA 0 288
Debt assumed from related party 0 1,537
Joint Venture [Member]    
Non-cash investing and financing activities:    
Fair value of Series B Convertible Preferred shares issued for settlement of SAA 0 1,190
Related Party [Member]    
Non-cash investing and financing activities:    
Fair value of Series B Convertible Preferred shares issued for settlement of SAA 1,418 0
Debt assumed from related party 250 0
Series B Preferred Stock [Member]    
Non-cash investing and financing activities:    
Fair value of Series B Convertible Preferred shares issued for settlement of SAA 1,755 0
Series C Preferred Stock [Member]    
Non-cash investing and financing activities:    
Fair value of Series B Convertible Preferred shares issued for settlement of SAA 2,831 0
Conversion of Note Into Common Stock [Member]    
Non-cash investing and financing activities:    
Debt Conversion, Converted Instrument, Amount $ 2,337 $ 2,940