v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2024 $ (22,000) $ 10,366,000 $ (7,776,000) $ 2,568,000
Balance, shares at Dec. 31, 2024 150,741          
Stock-based compensation 9,000 9,000
Treasury stock repurchase (10,000) (10,000)
Treasury stock repurchased, shares (188)          
Net loss (1,038,000) (1,038,000)
Balance at Mar. 31, 2025 (32,000) 10,375,000 (8,814,000) 1,529,000
Balance, shares at Mar. 31, 2025 150,553          
Balance at Dec. 31, 2024 (22,000) 10,366,000 (7,776,000) 2,568,000
Balance, shares at Dec. 31, 2024 150,741          
Net loss           (3,452,000)
Change in cumulative foreign currency translation adjustment          
Balance at Jun. 30, 2025 20,195,000 (11,228,000) 8,967,000
Balance, shares at Jun. 30, 2025 189,408          
Balance at Mar. 31, 2025 (32,000) 10,375,000 (8,814,000) 1,529,000
Balance, shares at Mar. 31, 2025 150,553          
Stock-based compensation 567,000 567,000
Net loss (2,414,000) (2,414,000)
Issuance of common stock for compensation 46,000 46,000
Issuance of common stock for compensation, shares 720          
Issuance of common stock for services 22,000 22,000
Issuance of common stock for services, shares 352          
Issuance of common stock upon exercise of warrants 9,217,000 9,217,000
Issuance of common stock upon exercise of warrants, shares 36,400          
Issuance of common stock upon cashless exercise of warrants
Issuance of common stock upon cashless exercise of warrants, shares 1,383          
Retirement of treasury stock 32,000 (32,000)
Change in cumulative foreign currency translation adjustment          
Balance at Jun. 30, 2025 20,195,000 (11,228,000) 8,967,000
Balance, shares at Jun. 30, 2025 189,408          
Balance at Dec. 31, 2025 $ 11,000 (749,000) 575,000,000 (60,005,000) 514,257,000
Balance, shares at Dec. 31, 2025 10,948,658          
Stock-based compensation 1,607,000 1,607,000
Net loss (238,776,000) (238,776,000)
Issuance of common stock upon cashless exercise of warrants
Issuance of common stock upon cashless exercise of warrants, shares 250,000          
Issuance of common stock in asset acquisition of BTC Inc $ 5,000 83,507,000 83,512,000
Issuance of common stock in acquisition of BTC Inc, shares 5,459,304          
Issuance of common stock in asset acquisition of UTXO $ 1,000 6,572,000 6,573,000
Issuance of common stock in acquisition of UTXO, shares 595,842          
Issuance of common stock upon vesting of RSAs 155,000 155,000
Issuance of common stock upon vesting of RSAs, shares 15,000          
Common stock cancellation
Common stock cancellation, shares (10,150)          
Treasury stock repurchase and retirement 749,000 (872,000) (123,000)
Treasury stock repurchase and retirement, shares (8,198)          
Change in cumulative foreign currency translation adjustment (131,000) (131,000)
Balance at Mar. 31, 2026 $ 17,000 665,969,000 (131,000) (298,781,000) 367,074,000
Balance, shares at Mar. 31, 2026 17,250,456          
Balance at Dec. 31, 2025 $ 11,000 (749,000) 575,000,000 (60,005,000) 514,257,000
Balance, shares at Dec. 31, 2025 10,948,658          
Net loss           (371,773,000)
Change in cumulative foreign currency translation adjustment           (222,000)
Balance at Jun. 30, 2026 $ 18,000 668,394,000 (222,000) (431,778,000) 236,412,000
Balance, shares at Jun. 30, 2026 17,894,943          
Balance at Mar. 31, 2026 $ 17,000 665,969,000 (131,000) (298,781,000) 367,074,000
Balance, shares at Mar. 31, 2026 17,250,456          
Stock-based compensation 2,232,000 2,232,000
Net loss (132,997,000) (132,997,000)
Issuance of common stock upon cashless exercise of warrants $ 1,000 1,000
Issuance of common stock upon cashless exercise of warrants, shares 450,000          
Change in cumulative foreign currency translation adjustment (91,000) (91,000)
Issuance of common stock upon exercise of options 194,000 194,000
Issuance of common stock upon exercise of options, shares 194,578          
Cash paid in lieu of fractional shares (1,000) (1,000)
Cash paid in lieu of fractional shares, shares (91)          
Balance at Jun. 30, 2026 $ 18,000 $ 668,394,000 $ (222,000) $ (431,778,000) $ 236,412,000
Balance, shares at Jun. 30, 2026 17,894,943