v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 304 $ 383
Other current assets 65 13
Total current assets 369 396
Property and equipment, net of depreciation    
Land, buildings and equipment 616 622
Note and interest receivable - related party    
Note receivable 3,542 3,542
Interest receivable
Note and interest receivable - related party 3,542 3,542
Total assets 4,527 4,560
Current liabilities    
Accounts payable (including $8 due to related parties in 2026 and 2025) 47 26
Accrued expenses 69 43
Total current liabilities 116 69
Stockholders' equity    
Preferred stock, Series B, $10 par value; authorized 100,000 shares, 1 issued and outstanding at June 30, 2026 and December 31, 2025 1 1
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 5,131,934 shares at June 30, 2026 and December 31, 2025 51 51
Additional paid-in capital 63,579 63,579
Accumulated deficit (59,220) (59,140)
Total stockholders' equity 4,411 4,491
Total liabilities and stockholders' equity $ 4,527 $ 4,560