v3.26.1
SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues:        
Total operating revenues $ 35,869 $ 38,068
Operating expenses:        
Cost of revenue 15,129 15,361
Compensation 9,588 16,099
General and administrative 4,697 14,248
Depreciation and amortization 2,432 3,529
Impairment of goodwill 105,176 105,176
Loss on change in fair value of digital assets 48,711 151,196
(Gain) loss on investments (785) 7,100
Total operating expenses 184,948 312,709
Operating loss (149,079) (274,641)
Media [Member]        
Operating revenues:        
Total operating revenues 24,055 24,464
Advisory [Member]        
Operating revenues:        
Total operating revenues 930 1,440
Asset Management [Member]        
Operating revenues:        
Total operating revenues 466 675
Derivatives [Member]        
Operating revenues:        
Total operating revenues 10,418 11,489
Media & Information Services [Member]        
Operating revenues:        
Total operating revenues 25,142   25,975  
Operating expenses:        
Cost of revenue 14,643   14,720  
Compensation 5,721   7,813  
General and administrative 1,157   1,814  
Depreciation and amortization 1,669   2,436  
Impairment of goodwill 80,595   80,595  
Loss on change in fair value of digital assets 104   104  
(Gain) loss on investments (2,947)   (2,947)  
Total operating expenses 100,942   104,535  
Operating loss (75,800)   (78,560)  
Media & Information Services [Member] | Media [Member]        
Operating revenues:        
Total operating revenues 24,428   24,905  
Media & Information Services [Member] | Advisory [Member]        
Operating revenues:        
Total operating revenues 714   1,070  
Media & Information Services [Member] | Asset Management [Member]        
Operating revenues:        
Total operating revenues    
Media & Information Services [Member] | Derivatives [Member]        
Operating revenues:        
Total operating revenues    
Asset Management [Member]        
Operating revenues:        
Total operating revenues 466   675  
Operating expenses:        
Cost of revenue    
Compensation 433   672  
General and administrative 321   417  
Depreciation and amortization 763   1,093  
Impairment of goodwill 24,581   24,581  
Loss on change in fair value of digital assets    
(Gain) loss on investments    
Total operating expenses 26,098   26,763  
Operating loss (25,632)   (26,088)  
Asset Management [Member] | Media [Member]        
Operating revenues:        
Total operating revenues    
Asset Management [Member] | Advisory [Member]        
Operating revenues:        
Total operating revenues    
Asset Management [Member] | Asset Management [Member]        
Operating revenues:        
Total operating revenues 466   675  
Asset Management [Member] | Derivatives [Member]        
Operating revenues:        
Total operating revenues    
Bitcoin Operations [Member]        
Operating revenues:        
Total operating revenues 10,418   11,489  
Operating expenses:        
Cost of revenue 486   641  
Compensation 86   378  
General and administrative 171   317  
Depreciation and amortization    
Impairment of goodwill    
Loss on change in fair value of digital assets 48,607   151,092  
(Gain) loss on investments 2,162   10,047  
Total operating expenses 51,512   162,475  
Operating loss (41,094)   (150,986)  
Bitcoin Operations [Member] | Media [Member]        
Operating revenues:        
Total operating revenues    
Bitcoin Operations [Member] | Advisory [Member]        
Operating revenues:        
Total operating revenues    
Bitcoin Operations [Member] | Asset Management [Member]        
Operating revenues:        
Total operating revenues    
Bitcoin Operations [Member] | Derivatives [Member]        
Operating revenues:        
Total operating revenues 10,418   11,489  
Other [Member]        
Operating revenues:        
Total operating revenues 216 [1]   370 [2]  
Operating expenses:        
Cost of revenue [1]   [2]  
Compensation 3,348 [1]   7,236 [2]  
General and administrative 3,421 [1]   12,141 [2]  
Depreciation and amortization [1]   [2]  
Impairment of goodwill [1]   [2]  
Loss on change in fair value of digital assets [1]   [2]  
(Gain) loss on investments [1]   [2]  
Total operating expenses 6,769 [1]   19,377 [2]  
Operating loss (6,553) [1]   (19,007) [2]  
Other [Member] | Media [Member]        
Operating revenues:        
Total operating revenues [1]   [2]  
Other [Member] | Advisory [Member]        
Operating revenues:        
Total operating revenues 216 [1]   370 [2]  
Other [Member] | Asset Management [Member]        
Operating revenues:        
Total operating revenues [1]   [2]  
Other [Member] | Derivatives [Member]        
Operating revenues:        
Total operating revenues [1]   [2]  
Eliminations [Member]        
Operating revenues:        
Total operating revenues (373)   (441)  
Operating expenses:        
Cost of revenue    
Compensation    
General and administrative (373)   (441)  
Depreciation and amortization    
Impairment of goodwill    
Loss on change in fair value of digital assets    
(Gain) loss on investments    
Total operating expenses (373)   (441)  
Operating loss    
Eliminations [Member] | Media [Member]        
Operating revenues:        
Total operating revenues (373)   (441)  
Eliminations [Member] | Advisory [Member]        
Operating revenues:        
Total operating revenues    
Eliminations [Member] | Asset Management [Member]        
Operating revenues:        
Total operating revenues    
Eliminations [Member] | Derivatives [Member]        
Operating revenues:        
Total operating revenues    
[1] We included revenue and operating expenses allocated to Other to show the rollup to the condensed consolidated statement of comprehensive loss for the three months ended June 30, 2026.
[2] We included revenue and operating expenses allocated to Other to show the rollup to the condensed consolidated statement of comprehensive loss for the six months ended June 30, 2026