LOAN	6 Months Ended
Jun. 30, 2026
Loan
LOAN	10. LOAN In August 2025, the Company entered into a Master Loan Agreement (the “MLA”) with BitGo Prime, LLC providing the Company the ability to secure U.S. Dollar (“USD”) cash loans secured by Bitcoin (“BTC”) for a total loan under the MLA of $0.3 million, collateralized by four BTC, with an interest rate of 9.99% per annum and an open maturity date (the “BitGo Loan”). As of June 30, 2026, the aggregate outstanding balance on the BitGo loan, including accrued but unpaid interest was approximately $0.2 million. The loan includes provisions requiring the collateral to be balanced against the outstanding borrowings.

LOAN

6 Months Ended

Jun. 30, 2026

10. LOAN

In August 2025, the Company entered into a Master Loan Agreement (the “MLA”) with BitGo Prime, LLC providing the Company the ability to secure U.S. Dollar (“USD”) cash loans secured by Bitcoin (“BTC”) for a total loan under the MLA of $0.3 million, collateralized by four BTC, with an interest rate of 9.99% per annum and an open maturity date (the “BitGo Loan”).

As of June 30, 2026, the aggregate outstanding balance on the BitGo loan, including accrued but unpaid interest was approximately $0.2 million. The loan includes provisions requiring the collateral to be balanced against the outstanding borrowings.