v3.26.1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Subscriptions Receivable [Member]
Obligation to Issue Shares [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2024 $ 65,043   $ 2,965   $ 44 $ (60,782) $ (1,158) $ 6,112
Balance, shares at Dec. 31, 2024 [1] 14,355              
Shares issued for conversion of convertible debt $ 2,922     2,922
Shares issued for conversion of convertible debt, shares [1] 17,864              
Net loss     (8,206) (8,206)
Warrants issued with convertible debt   42   42
Shares issued for executive compensation $ 323     323
Shares issued for executive compensation, shares [1] 2,394              
Shares issued on exercise of warrants $ 59     59
Shares issued on exercise of warrants, shares [1] 463              
Reclassification of derivative liabilities to additional-paid-in capital   2,772   2,772
Foreign currency translation     37 37
Balance at Jun. 30, 2025 $ 68,347   5,779   44 (68,988) (1,121) 4,061
Balance, shares at Jun. 30, 2025 [1] 35,076              
Balance at Mar. 31, 2025 $ 65,447   2,965   44 (60,927) (1,121) 6,408
Balance, shares at Mar. 31, 2025 [1] 16,112              
Shares issued for conversion of convertible debt $ 2,518     2,518
Shares issued for conversion of convertible debt, shares [1] 16,107              
Net loss     (8,061) (8,061)
Warrants issued with convertible debt   42   42
Shares issued for executive compensation $ 323     323
Shares issued for executive compensation, shares [1] 2,394              
Shares issued on exercise of warrants $ 59     59
Shares issued on exercise of warrants, shares [1] 463              
Reclassification of derivative liabilities to additional-paid-in capital   2,772   2,772
Foreign currency translation              
Balance at Jun. 30, 2025 $ 68,347   5,779   44 (68,988) (1,121) 4,061
Balance, shares at Jun. 30, 2025 [1] 35,076              
Balance at Dec. 31, 2025 $ 283,554 $ (258) 22,968 $ (24,234) 44 (93,977) (1,121) 186,976
Balance, shares at Dec. 31, 2025 [2] 7,760,179              
Treasury shares balance at Dec. 31, 2025   (15,279)            
Shares issued for conversion of convertible debt $ 79 79
Shares issued for conversion of convertible debt, shares [2] 14,456              
Share based compensation 556 556
Repurchases of shares $ (3,850) (3,850)
Repurchases of shares, shares   (396,086)            
Release of locked tokens - receipt of digital assets (3,334) 7,628 4,294
Net loss (81,520) (81,520)
Warrants issued with convertible debt 2,016 2,016
Repurchase of shares, retired $ (1,210) $ 1,210
Repurchase of shares, retired, shares (61,404) [2] 61,404            
Fees associated with registration statement $ (276) (276)
Foreign currency translation              
Balance at Jun. 30, 2026 $ 282,147 $ (2,898) 22,206 (16,606) 44 (175,497) (1,121) 108,275
Balance, shares at Jun. 30, 2026 [2] 7,713,231              
Treasury shares balance at Jun. 30, 2026   (349,961)            
Balance at Mar. 31, 2026 $ 282,096 $ (2,092) 22,883 (18,656) 44 (140,368) (1,121) 142,786
Balance, shares at Mar. 31, 2026 [2] 7,703,443              
Treasury shares balance at Mar. 31, 2026   (220,206)            
Shares issued for conversion of convertible debt $ 51 51
Shares issued for conversion of convertible debt, shares [2] 9,788              
Share based compensation 303 303
Repurchases of shares $ (806) (806)
Repurchases of shares, shares   (129,755)            
Release of locked tokens - receipt of digital assets (980) 2,050 1,070
Net loss (35,129) (35,129)
Foreign currency translation              
Balance at Jun. 30, 2026 $ 282,147 $ (2,898) $ 22,206 $ (16,606) $ 44 $ (175,497) $ (1,121) $ 108,275
Balance, shares at Jun. 30, 2026 [2] 7,713,231              
Treasury shares balance at Jun. 30, 2026   (349,961)            
[1] reflects the 1:12 reverse stock split effected on June 15, 2026 and 1:9 reverse stock split effected on July 28, 2025.
[2] reflects the 1:12 reverse stock split effected on June 15, 2026.