v3.26.1
Note 4 - Prepaid Expenses and Other Current Assets
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Prepaid Expenses and Other Current Assets [Text Block]
Note 4 - Prepaid Expenses and Other Current Assets

 

Prepaid expenses and other current assets consisted of the following (in thousands):

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 

Prepaid expenses

 $37  $204 

Prepaid insurance

  208   121 

Other current assets

  1   58 

Prepaid software licenses

  21   41 

Prepaid expenses and other current assets

 $267  $424 

 

As of June 30, 2026, and December 31, 2025, the Company's Digital Assets segment had zero and  $168,000 in prepaid expenses, respectively. These prepaid expenses were related to unamortized stock-based advisor expenses.
 
As of June 30, 2026, and December 31, 2025, the Company's Managed Services segment had  $7,000 and  $15,000 in prepaid expenses, respectively. These prepaid expenses primarily consisted of licensing expenses.
 
As of June 30, 2026, and December 31, 2025, the Company's Collaboration Products segment had  $2,000 and  $7,000 in prepaid expenses, respectively. These prepaid expenses primarily consisted of software licenses.
 
As of June 30, 2026, and December 31, 2025, the Company's unallocated prepaid expenses were  $258,000 and $234,000, respectively. These prepaid expenses were primarily attributable to insurance and software licenses. As of June 30, 2026, the amount also included expenses related to the filing of a registration statement, and as of December 31, 2025, the amount also included personnel expenses due to the timing of payroll.