v3.26.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue $ 953,000 $ 476,000 $ 2,396,000 $ 700,000
Operating Expenses        
Cost of sales 5,073,000 2,861,000 10,326,000 3,045,000
General and administrative 14,499,000 18,569,000 27,249,000 38,245,000
Sales and marketing 3,089,000 2,208,000 5,986,000 4,304,000
Research and development 9,780,000 6,068,000 17,620,000 12,321,000
Goodwill impairment 0 113,344,000 0 346,557,000
Total Operating Expenses 32,441,000 143,050,000 61,181,000 404,472,000
Loss from Operations (31,488,000) (142,574,000) (58,785,000) (403,772,000)
Non-operating Income (Expense)        
Interest expense, net (531,000) (2,647,000) (1,520,000) (4,185,000)
Net gain on investments 39,000 0 108,000 0
Change in fair value of financial liabilities (2,188,000) 7,176,000 (2,125,000) 23,605,000
Equity method investment loss (1,491,000) (1,924,000) (3,007,000) (8,680,000)
Realized gain on conversion of available for sale investment 0 0 0 1,507,000
Miscellaneous other income (expense), net (773,000) (64,000) (948,000) (43,000)
Total Non-operating Income (Expense) (4,944,000) (921,000) (8,469,000) 5,204,000
Loss before income taxes (36,432,000) (143,495,000) (67,254,000) (398,568,000)
Income tax benefit (1,518,000) (2,220,000) (4,557,000) (3,619,000)
Net Loss (34,914,000) (141,275,000) (62,697,000) (394,949,000)
Less: net loss attributable to        
Non-controlling interest (8,411,000) (57,048,000) (15,389,000) (167,725,000)
Net Loss Attributable to Stockholders $ (26,503,000) $ (84,227,000) $ (47,308,000) $ (227,224,000)
Basic loss per share (in usd per share) $ (0.32) $ (1.60) $ (0.59) $ (4.60)
Diluted loss per share (in usd per share) $ (0.32) $ (1.60) $ (0.59) $ (4.60)
Basic weighted average common shares (in shares) 83,117,031 52,546,491 80,504,971 49,417,092
Diluted weighted average common shares (in shares) 83,117,031 52,546,491 80,504,971 49,417,092
Other comprehensive income (loss), net of taxes:        
Unrealized income (loss) on available for sale debt securities - related party $ 533,000 $ 189,000 $ 624,000 $ (691,000)
Total other comprehensive income (loss), net of taxes 533,000 189,000 624,000 (691,000)
Total comprehensive loss, net of taxes (34,381,000) (141,086,000) (62,073,000) (395,640,000)
Non-controlling interest (8,411,000) (57,048,000) (15,389,000) (167,725,000)
Net Comprehensive Loss Attributable to Stockholders (25,970,000) (84,038,000) (46,684,000) (227,915,000)
Nonrelated party        
Non-operating Income (Expense)        
Loss on extinguishment of debt 0 (3,462,000) (977,000) (3,462,000)
Related party        
Non-operating Income (Expense)        
Loss on extinguishment of debt $ 0 $ 0 $ 0 $ (3,538,000)