v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 735 $ 2,258
Digital assets 4,709 5,395
Accounts receivable, net 5 138
Prepaid expenses and other current assets 267 424
Total current assets 5,716 8,215
Intangible assets, net 58 0
SAFE investment 1,000 0
Other assets 2 4
Total assets 6,776 8,219
Current liabilities:    
Accounts payable 106 112
Accrued expenses and other current liabilities 1,176 1,061
Deferred revenue 2 13
Total current liabilities 1,284 1,186
Total liabilities 1,284 1,186
Commitments and contingencies (see Note 13)
Stockholders’ equity:    
Preferred stock Series F, convertible; $0.0001 par value; $180,000 stated value; 42,000 shares authorized, 150 shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock; $0.0001 par value; 150,000,000 shares authorized, 3,571,590 shares issued, and 3,571,401 outstanding as of June 30, 2026 and December 31, 2025 0 0
Treasury Stock, 189 common shares (181) (181)
Additional paid-in capital 245,895 245,843
Accumulated deficit (240,222) (238,629)
Total stockholders’ equity 5,492 7,033
Total liabilities and stockholders’ equity $ 6,776 $ 8,219