v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Revenue        
Total revenue $ 96 $ 137 $ 1,359 $ 643
Cost of revenue 476 361 1,862 924
Gross margin (380) (224) (503) (281)
Operating expenses        
General and administrative 1,483 1,362 6,377 7,027
Sales and marketing 378 290 1,272 830
Research and development 311 348 1,515 1,467
Total operating expenses 2,172 2,000 9,164 9,324
Loss from operations (2,552) (2,224) (9,667) (9,605)
Other (income) expense, net        
Interest expense 10 31 67 147
Change in fair value of warrants (16) 3 56 (9)
Change in fair value of convertible notes (163) (1,285) 808
Change in fair value of crypto assets – Bitcoin (102) 662 945 (798)
Realized gain on sale of crypto assets – Bitcoin 188 (531) (922) (120)
Gain on troubled debt restructurings     (5,569)
Loss on extinguishment of debt     41
Other expense     16 60
Change in fair value of SEPA derivative liabilities (179) (324) (216) 434
Total other (income) expense, net (99) (322) (6,867) 522
Loss before income taxes (2,453) (1,902) (2,800) (10,127)
Income tax expense     1 2
Net loss $ (2,453) $ (1,902) $ (2,801) $ (10,129)
Earnings per share:        
Basic net loss per common share outstanding $ (0.04) $ (0.06) $ (0.06) $ (0.36)
Diluted net loss per common share outstanding $ (0.04) $ (0.06) $ (0.06) $ (0.36)
Basic weighted average number of common shares outstanding 55,316,371 34,103,724 44,547,815 28,076,512
Diluted weighted average number of common shares outstanding 55,316,371 34,103,724 44,547,815 28,076,512
Subscription Revenue [Member]        
Revenue        
Total revenue $ 58 $ 105 $ 351
Data Delivery Revenue [Member]        
Revenue        
Total revenue $ 96 $ 79 $ 1,254 $ 292