v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue $ 522,000 $ 592,000 $ 1,229,000 $ 1,214,000
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 248,000 364,000 485,000 737,000
Gross profit 274,000 228,000 744,000 477,000
Operating expenses:        
Research and development 0 3,000 0 6,000
Sales and marketing 0 6,000 7,000 14,000
General and administrative 1,115,000 902,000 2,137,000 1,831,000
Total operating expenses 1,115,000 911,000 2,144,000 1,851,000
Operating loss (841,000) (683,000) (1,400,000) (1,374,000)
Other (expense) income, net        
Interest income, net 13,000 47,000 19,000 73,000
Realized loss on digital assets, net (166,000) 0 (114,000) 0
Unrealized Net Loss on Fair Value Remeasurement (2,295,000) 31,000 (97,000) 31,000
Total other (expense) income, net (2,448,000) 78,000 (192,000) 104,000
Loss before income taxes (3,289,000) (605,000) (1,592,000) (1,270,000)
Income tax expense 1,000 0 1,000 7,000
Net loss (3,290,000) (605,000) (1,593,000) (1,277,000)
Preferred stock dividends 4,000 13,000 8,000 25,000
Net loss attributable to common stockholders $ (3,294,000) $ (618,000) $ (1,601,000) $ (1,302,000)
Net loss attributable to common stockholders per share:        
Basic and diluted net loss per share (in dollars per share) $ (0.84) $ (0.38) $ (0.41) $ (0.86)
Weighted-average number of shares of Common Stock:        
Basic and diluted (in shares) 3,913,471 1,613,483 3,913,471 1,514,829