v3.26.1
Note 12 - Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

Three Months Ended June 30, 2026

 
  

2026

  

2025

  

% Change

 

Revenue

            

Digital Assets

 $105  $2   5150%

Managed Services

  415   497   (16)%

Collaboration Products

  2   93   (98)%

Consolidated

  522   592   (12)%
             

Cost of revenues

            

Digital Assets

  6      100%

Managed Services

  239   360   (34)%

Collaboration Products

  3   4   (25)%

Consolidated

  248   364   (32)%
             

Gross Margin

            

Digital Assets

  99   2   4850%

Managed Services

  176   137   28%

Collaboration Products

  (1)  89   (101)%

Consolidated

  274   228   20%
             

Operating expenses

            

Digital Assets (1)

  100      100%

Collaboration Products (2)

     8   (100)%

Corporate (3)

  1,015   903   12%

Consolidated

  1,115   911   22%
             

Other income (expense), net

            

Digital Assets (4)

  (2,461)  31   (8039)%

Corporate (5)

  13   47   (72)%

Consolidated

  (2,448)  78   (3238)%

Net loss before taxes

  (3,289)  (605)  444%

Income tax expense

  1      100%

Net loss

 $(3,290) $(605)  444%
  

Six Months Ended June 30, 2026

 
  

2026

  

2025

  

% Change

 

Revenue

            

Digital Assets

 $191  $2   9450%

Managed Services

  836   1,005   (17)%

Collaboration Products

  202   207   (2)%

Consolidated

  1,229   1,214   1%
             

Cost of revenues

            

Digital Assets

  12      100%

Managed Services

  462   731   (37)%

Collaboration Products

  11   6   83%

Consolidated

  485   737   (34)%
             

Gross Margin

            

Digital Assets

  179   2   8850%

Managed Services

  374   274   36%

Collaboration Products

  191   201   (5)%

Consolidated

  744   477   56%
             

Operating expenses

            

Digital Assets (1)

  199      100%

Collaboration Products (2)

  7      100%

Corporate (3)

  1,938   1,851   5%

Consolidated

  2,144   1,851   16%
             

Other income (expense), net

            

Digital Assets (4)

  (211)  31   (781)%

Managed Services

     (1)  (100)%

Corporate (5)

  19   74   (74)%

Consolidated

  (192)  104   (285)%

Net loss before taxes

  (1,592)  (1,270)  25%

Income tax expense

  1   7   (86)%

Net loss

 $(1,593) $(1,277)  25%
Disaggregation of Revenue [Table Text Block]
  

Three Months Ended June 30, 2026

 
  

Digital Assets

  

Managed Services

  

Collaboration Products

  

Total

 
                 

Revenue

                

Digital Assets

 $105  $  $  $105 

Network Services

     400      400 

Video Collaboration

     13   2   15 

Professional and other services

     2      2 

Total revenue

  105   415   2   522 
                 

Significant Segment Expenses

                

Labor and labor-related (1)

     71      71 

Cash digital asset transaction fees

  6         6 

Advisory fees

  18         18 

Stock-based expense

  82         82 

Circuit and network cost of revenue

     168   3   171 

Unrealized net loss on digital asset revaluation

  2,295         2,295 

Realized net loss on disposal of digital assets

  166         166 

Segment net profit

 $(2,462) $176  $(1) $(2,287)

Segment net profit margin %

  (2345)%  42%  (50)%    
                 

Unallocated (income) expense

                

Corporate expenses (3)

              1,013 

Amortization expense

              2 

Interest income

              (13)

Loss before income tax expense

             $(3,289)
  

Three Months Ended June 30, 2025

 
  

Digital Assets

  

Managed Services

  

Collaboration Products

  

Total

 
                 

Revenue

                

Digital Assets

 $2  $  $  $2 

Network Services

     481   93   574 

Video Collaboration

     11      11 

Professional and other services

     5      5 

Total revenue

  2   497   93   592 
                 

Significant Segment Expenses

                

Labor and labor-related (1)

     65   6   71 

Circuit and network cost of revenue

     295      295 

Unrealized net gain on digital asset revaluation

  (31)        (31)

Other segment items (2)

        6   6 

Segment profit

 $33  $137  $81  $251 

Segment profit margin %

  1650%  28%  87%    
                 

Unallocated (income) expense

                

Corporate expenses (3)

              903 

Interest income

              (47)

Loss before income tax expense

             $(605)
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Table Text Block]
  

Three Months Ended June 30,

 
  

2026

  

2025

 

Domestic

 $271  $278 

Foreign

  251   314 
  $522  $592 
  

Six Months Ended June 30,

 
  

2026

  

2025

 

Domestic

 $705  $573 

Foreign

  524   641 
  $1,229  $1,214 
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
   

Three Months Ended June 30,

 
   

2026

  

2025

 
 

Segment

 

% of Revenue

  

% of Revenue

 

Customer A

Managed Services

  77%  82%
   

Six Months Ended June 30,

 
   

2026

  

2025

 
 

Segment

 

% of Revenue

  

% of Revenue

 

Customer A

Managed Services

  66%  83%
   

As of June 30,

 
   

2026

  

2025

 
 

Segment

 

% of Accounts Receivable

  

% of Accounts Receivable

 

Customer A

Managed Services

  33%  12%

Customer B

Collaboration Products

  %  20%

Customer C

Collaboration Products

  %  42%

Customer D

Managed Services

  68%  25%